NOT LISTED FOR SALE

83 Willow Place Unit 3 Vail, CO 81657

Estimated Value: $5,207,000 - $6,476,000

2 Beds
2 Baths
1,556 Sq Ft
1,742 Sq Ft Lot

Sale Details

Date Sold: April 15, 2014

Last sale price $2,650,000 $1,703 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $33,983 / mo

238 Days on Market

Highlights

  • Views of Ski Resort
  • Deck
  • Furnished
  • Ski Trails
  • Wood Flooring
  • 2-minute walk to Ford Park

About This Home

As of April 2014

Located in the coveted Bishop Park neighborhood within the Vail Village, is this tastefully remodeled and furnished two-bedroom residence. Enjoy south-facing views towards Vail Mountain from every room, a large front patio, and the sounds of Gore Creek from an additional side deck. A graciously sized main living area with both patio and deck access provides ample room for entertaining and enjoying the mountain lifestyle. Easy to add den for third sleeping area and third bathroom.

Last Agent to Sell the Property

Kyle Denton

LIV Sotheby's Int. Realty-Vail Mountain Haus Listed on: 07/31/2013

Co-Listed By

Karen Gilbert

LIV Sotheby's Int. Realty-Vail Mountain Haus

Last Buyer's Agent

Terry Melendy

BerkshireHHS Innovative Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,042

Year Built

  • Built in 1973

Lot Details

  • 1,742

HOA Fees

  • $1,431 Monthly HOA Fees

Property Views

  • Ski Resort
  • Views to the South
  • Mountain

Home Design

  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Stucco
  • Stone

Interior Spaces

  • 1,556 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Patio

Location

  • City Lot

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 210108216003
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include common area maintenance, electricity, gas, heat, management, sewer, snow removal, water
  • 9 Units
  • Riverhouse Subdivision

Recreation

  • Trails
  • Ski Trails
  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,042

Year Built

Built in 1973

Lot Details

1,742 Sq Ft Lot

HOA Fees

$1,431 per month

Listing Details

  • Association HOA Fee: 4293.5
  • HOA Fee Frequency: Quarterly
  • Lot Size Acres: 0.04
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 1973
  • Subdivision Name: Riverhouse
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Entry Location: 1
  • Fireplace Features: Gas
  • Furnished: Furnished
  • Interior Amenities: Fireplace - Gas, Patio
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Wall Oven, Washer, Washer/Dryer
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 1556.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Fireplace Features:Gas3: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Interior Features:Patio: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: Asphalt
  • View: Mountain(s), Ski Slopes, South Facing
  • Lot Features: City Lot, Walk to Slopes
  • Construction Type: Stone, Stucco
  • Foundation Details: Concrete Perimeter
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Patio2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Underground
  • Total Parking Spaces: 1.0
  • Parking:Assigned: Yes
  • Parking:Underground: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Baseboard: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Trail(s), See Remarks
  • Association Fee: 4293.5
  • Association Fee Frequency: Quarterly

Association/Amenities

  • AssociationHOA Fee Includes:Common Area Maintenance: Yes
  • AssociationHOA Fee Includes:Management: Yes
  • AssociationHOA Fee Includes:Sewer: Yes
  • AssociationHOA Fee Includes:Snow Removal2: Yes
  • AssociationHOA Fee Includes:Water: Yes
  • AssociationHOA Fee Includes:Electricity: Yes
  • AssociationHOA Fee Includes:Gas2: Yes
  • AssociationHOA Fee Includes:Heat: Yes
  • Keywords Info:Association YN: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Electricity, Gas, Heat, Management, Sewer, Snow Removal, Water

Lot Info

  • Lot Size Sq Ft: 1742.0
  • Parcel #: 210108216003
  • Land Lease: No
  • Zoning: multifamily
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 9

Tax Info

  • Tax Annual Amount: 7041.92
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2013
Closed on
Apr 15, 2014
Sold by
Riverhouse Property Llc
Bought by
Av Willow Llc
Seller's Agent
Kyle Denton
LIV Sotheby's Int. Realty-Vail Mountain Haus
Buyer's Agent
Terry Melendy
BerkshireHHS Innovative Realty
List Price
$3,300,000
Sold Price
$2,650,000
Premium/Discount to List
-$650,000
-19.7%
Current Estimated Value
$5,900,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,250,439
Avg. Annual Appreciation
6.91%

Purchase Details

Closed on
Jun 1, 2005
Sold by
Smith Mark L
Bought by
Riverhouse 3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,837,500
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2003
Sold by
S H Shapiro & Co
Bought by
Smith Mark L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,190,000
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2000
Sold by
Shapiro Douglas A
Bought by
S H Shapiro & Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Av Willow Llc $2,650,000 Land Title Guarantee Company
Riverhouse 3 Llc $2,450,000 Land Title Guarantee Company
Smith Mark L $1,700,000 Land Title
S H Shapiro & Company $1,550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riverhouse 3 Llc $1,837,500
Previous Owner Smith Mark L $1,190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2014 04/15/14 Sold $2,650,000 -19.7% $1,703 / Sq Ft
03/26/2014 03/26/14 Pending -- -- --
07/31/2013 07/31/13 For Sale $3,300,000 -- $2,121 / Sq Ft
Source: Vail Multi-List Service

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,642 $335,900 -- $335,900
2024 $12,672 $266,440 -- $266,440
2023 $12,672 $266,440 $0 $266,440
2022 $12,676 $246,670 $0 $246,670
2021 $13,052 $253,760 $0 $253,760
2020 $10,842 $213,630 $0 $213,630
2019 $10,878 $213,630 $0 $213,630
2018 $8,754 $168,510 $0 $168,510
2017 $8,712 $168,510 $0 $168,510
2016 $10,376 $202,930 $0 $202,930
2015 -- $202,930 $0 $202,930
2014 $7,053 $150,020 $0 $150,020
Source: Public Records

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Map

Source: Vail Multi-List Service

MLS Number: 918228

Vail Multi-List Service

APN: R007644

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