NOT LISTED FOR SALE

965 N Ten Mile Dr Unit A1 Frisco, CO 80443

Estimated Value: $723,612

2 Beds
1 Bath
1,185 Sq Ft
$421/mo HOA Fee

Last Sold September 11, 2020

Last sale price $474,000 $400 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,708/month

Highlights

  • Mountain View
  • Public Transportation
  • Common Heating System
  • Property is near public transit
  • 1-Story Property

About This Home

As of September 2020

This is currently commercial space but can be configured as live/work, a 2 bed/2bath condo or remain commercial. Town of Frisco has allowed this in the past at Drake Landing. Sketch of 2 bed/2 bath attached to MLS. Great opportunity for work/live situation or investor . Cap rate of 6-7% at current lease price. Bath is ADA compliant. Great central location within minutes of 5 ski areas, bus stop, bike path, shopping and a short stroll to Main Street.

Last Agent to Sell the Property

BJ McCarthy

RE/MAX Alliance License #FA1141765 Listed on: 07/03/2020

Last Buyer's Agent

Brenda Culhane

Omni R.E./Frisco License #EA1322799

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,375

Year Built

  • Built in 2000

Lot Details

  • 3.29

HOA Fees

  • $421 Monthly HOA Fees

Parking

  • Parking Pad

Home Design

  • Entry on the 1st floor
  • Wood Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,185 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Location

  • Property is near public transit

Utilities

  • Common Heating System
  • Radiant Heating System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6515299

Community Details

Overview

  • Association fees include management, common area maintenance, common areas, gas, heat, insurance, sewer, snow removal, trash, water
  • Drake Landing Condo Subdivision

Amenities

  • Public Transportation

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,375

Year Built

Built in 2000

Lot Details

0

HOA Fees

$421 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: DRAKE LANDING CONDO
  • Directions: Summit Blvd to Lakepoint Dr. to N Ten Mile Dr. Condo on right corner
  • Entry Level: 1
  • Unit Levels: One
  • Year Built: 2000
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: None
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: See Remarks
  • Interior Amenities: Handicap Access, See Remarks
  • Living Area: 1185.0

Exterior Features

  • Lot Features: City Lot, Near Public Transit
  • View: Mountain(s)
  • View: Yes
  • Exclusions: No
  • Construction Type: Wood Frame
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Laundry Features: None
  • Heating: Common, Radiant
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Association Fee: 421.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Owner Only, Pet Restrictions

Fee Information

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

Lot Info

  • Parcel #: 6515299
  • Zoning Description: Commercial

Tax Info

  • Tax Annual Amount: 5374.73
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Sep 11, 2020
Sold by
Drake Landing Llc
Bought by
Stjernholm Paula R
Seller's Agent
BJ McCarthy
RE/MAX Alliance
Buyer's Agent
Brenda Culhane
Omni R.E./Frisco
List Price
$474,000
Sold Price
$474,000
Current Estimated Value
$723,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,612
Avg. Annual Appreciation
8.60%
Original Mortgage
$355,500
Outstanding Balance
$314,898
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$408,714
Source: Public Records

Range of Values:

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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
Stjernholm Paula R $474,000 Land Title Guarantee Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stjernholm Paula R $355,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2020 09/11/20 Sold $474,000 0.0% $400 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $474,000 -- $400 / Sq Ft
Source: Summit MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $5,898 $120,524 -- $120,524
2023 $5,898 $107,582 $0 $0
2022 $6,126 $105,734 $0 $0
2021 $6,008 $105,734 $0 $0
2020 $5,448 $102,335 $0 $0
2019 $5,375 $102,335 $0 $0
2018 $3,274 $60,445 $0 $0
2017 $2,999 $60,445 $0 $0
2016 $3,256 $64,648 $0 $0
2015 $3,155 $64,648 $0 $0
2014 $2,720 $55,031 $0 $0
2013 -- $55,031 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    BJ McCarthy

    RE/MAX

    (970) 390-0970

    11 in this area

    20 Total Sales

    BJ McCarthy
    Section Image

  • B

    Buyer's Agent in 2020

    Brenda Culhane

    Omni R.E./Frisco

    (970) 486-0167

    8 in this area

    27 Total Sales

    Brenda Culhane
    Section Image
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Map

Source: Summit MLS

MLS Number: S1019262

Summit MLS

APN: 6515299

Colorado Summit County Frisco 80443

965 N Ten Mile Dr Unit A1, Frisco, CO

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