NOT LISTED FOR SALE

980 Lakepoint Dr Unit 706 Frisco, CO 80443

Estimated Value: $1,233,000 - $1,470,000

3 Beds
3 Baths
1,739 Sq Ft
$838/mo HOA Fee

Last Sold April 25, 2022

Last sale price $1,425,000 $819 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $8,352/month

Highlights

  • Lake View
  • Property is near public transit
  • Furnished
  • Ski Lockers
  • Vaulted Ceiling
  • 1 Car Attached Garage

About This Home

As of April 2022

Penthouse.The VIEWS! No short-term rental permit issues in Frisco. Spacious & open 2-story floorplan. Non-conforming 4th bedroom (or den/study) upstairs! Expansive views of Lake Dillon. Penthouse units are scarce & do not come on the market often! Great Frisco location; walking distance to Starbucks, stores, restaurants. Rec Path right out the back door. New solar roller shades on windows. Attached garage w/ XL ski/bike/gear storage! Unit has never been short-term rented & has only had 2 owners.

Last Agent to Sell the Property

Sue Runnells

Coldwell Banker Mtn Properties License #FA100077967 Listed on: 03/04/2022

Coldwell Banker Mtn Properties

Last Buyer's Agent

Moraima (Mo) Kelley

RE/MAX Properties of the Summit License #EA.100047940

RE/MAX Properties of the Summit

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,410

Year Built

  • Built in 1997

Lot Details

  • 0.32

HOA Fees

  • $838 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Entry on the 7th floor
  • Tar and Gravel Roof

Interior Spaces

  • 1,739 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit

Utilities

  • Central Heating
  • Common Heating System
  • Hot Water Heating System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6502819

Community Details

Overview

  • Association fees include management, common area maintenance, common areas, cable TV, gas, heat, insurance, internet, sewer, trash, water
  • Summit Resort Group Association, Phone Number (970) 468-9139
  • Towers At Lakepoint Community
  • Towers At Lakepoint Condos Subdivision
  • 7-Story Property

Amenities

  • Public Transportation
  • Elevator

Recreation

  • Trails
  • Ski Lockers

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,410

Year Built

Built in 1997

Lot Details

0

HOA Fees

$838 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: TOWERS AT LAKEPOINT CONDOS
  • Directions: From N. Summit Blvd, turn onto Dillon Dam Road, then R onto N 10 Mile Road, then L onto Lakepoint Dr. Follow around to Towers at Lakepoint. **HOA covers heat, but not electric.
  • Building Name: Towers at Lakepoint
  • Entry Level: 7
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1997
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Dishwasher, Electric Cooktop, Electric Range, Disposal, Microwave, Refrigerator, Some Electric Appliances, Dryer, Washer
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Elevator, Fireplace, Cable TV, Vaulted Ceiling(s)
  • Living Area: 1739.0
  • Stories: 7

Exterior Features

  • Lot Features: City Lot, Near Public Transit
  • View: Mountain(s), Lake
  • View: Yes
  • Exclusions: No
  • Construction Type: Concrete, Steel
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage

Utilities

  • Green Building Features: Elevator(s)
  • Heating: Central, Common, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cable Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Trails/Paths, Public Transportation
  • Amenities: Ski Storage
  • Association Fee: 838.0
  • Association Fee Frequency: Monthly
  • Association Name: Summit Resort Group
  • Phone: 970-468-9139
  • Pets Allowed: Owner Only, Pet Restrictions

Fee Information

  • Association Fee Includes: Association Management, Common Area Maintenance, Common Areas, Cable TV, Gas, Heat, Insurance, Internet, Sewer, Trash, Water

Lot Info

  • Parcel #: 6502819
  • Zoning Description: Planned Unit Development

Tax Info

  • Tax Annual Amount: 3409.9
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2020
Sold by
Ratliff Jackie S and Ratliff Timothy L
Bought by
Jackie S Ratliff Rev Inter Visos Tr
Current Estimated Value
$1,359,299

Purchase Details

Listed on
Mar 16, 2018
Closed on
Aug 16, 2018
Sold by
The Kenneth And Phyllis Duke Living Trus
Bought by
Ratliff Jackie S and Ratliff Timothy L
Seller's Agent
Dave Bittner
Paradise Realty
Buyer's Agent
Sue Runnells
Coldwell Banker Mtn Properties
List Price
$799,000
Sold Price
$799,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$4,531,000
Outstanding Balance
$2,765,883
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
-$1,406,584
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
Jackie S Ratliff Rev Inter Visos Tr -- None Available
Ratliff Jackie S $799,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ratliff Jackie S $4,531,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2022 04/25/22 Sold $1,425,000 0.0% $819 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $1,425,000 +78.3% $819 / Sq Ft
08/16/2018 08/16/18 Sold $799,000 0.0% $493 / Sq Ft View Prior Sale
07/17/2018 07/17/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $799,000 -- $493 / 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 $4,791 $91,073 -- $91,073
2023 $4,791 $87,388 $0 $0
2022 $3,379 $58,331 $0 $0
2021 $3,410 $60,010 $0 $0
2020 $2,982 $56,009 $0 $0
2019 $2,942 $56,009 $0 $0
2018 $2,311 $42,660 $0 $0
2017 $2,117 $42,660 $0 $0
2016 $2,011 $39,921 $0 $0
2015 $1,949 $39,921 $0 $0
2014 $1,722 $34,844 $0 $0
2013 -- $34,844 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sue Runnells

    Coldwell Banker Mtn Properties

    (970) 668-0900

    4 in this area

    14 Total Sales

    Sue Runnells
    Section Image
  • Moraima (Mo) Kelley

    Buyer's Agent in 2022

    Moraima (Mo) Kelley

    RE/MAX

    (970) 389-4646

    17 in this area

    183 Total Sales

    Moraima (Mo) Kelley
    Section Image

  • D

    Seller's Agent in 2018

    Dave Bittner

    Paradise Realty

    Section Image
See All Agents

Map

Source: Summit MLS

MLS Number: S1032444

Summit MLS

APN: 6502819

Colorado Summit County Frisco 80443

980 Lakepoint Dr Unit 706, Frisco, CO

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