$1,210,000
SOLD NOV 27, 2024

993 Lions Ridge Loop Unit 345 Vail, CO 81657

3 Beds
3 Baths
1,424 Sq Ft
$1,000/mo HOA Fee

Recently Sold

$850 Per Sq Ft

10% Below List Price

4 Days on Market

Highlights

  • Views of Ski Resort
  • Home fronts a creek
  • Property is near public transit
  • Fitness Center
  • Deck
  • Vaulted Ceiling

About This Home

As of November 2024

Seize the opportunity to own this fully furnished, beautifully updated 3-bedroom, 3-bathroom penthouse in the coveted Sandstone Lionsridge Loop neighborhood of Vail! This turnkey property is perfectly positioned for your mountain lifestyle, offering great mountain views, spacious living, and amenities. Located across from the Vail free bus, this penthouse offers convenient access to the slopes and all the action of Vail Village and Lionshead. The complex itself has a pool, hot tubs and fitness room, adding even more to the resort-style experience. Whether you're seeking your own mountain getaway, an investment with excellent rental potential, or both, this unit is ready to go for the ski season. Move in and enjoy, or start earning rental income right away. Don't miss your chance to own this prime ski condo in one of Vail's most sought-after locations!

Last Agent to Sell the Property

Nate Hall

Berkshire Hathaway - Vail VLG License #100028677 Listed on: 10/24/2024

Berkshire Hathaway - Vail VLG

Last Buyer's Agent

David Nudell

Vail Valley Real Estate, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,251

Year Built

  • Built in 1972

HOA Fees

  • $1,000 Monthly HOA Fees

Property Views

  • Ski Resort
  • City
  • Woods
  • Views to the South
  • Creek or Stream
  • Mountain
  • Valley

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Stucco
  • Stone

Interior Spaces

  • 1,424 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • Uncovered Parking
  • Unassigned Parking

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Baseboard Heating

Additional Features

  • Deck
  • Home fronts a creek

Listing and Financial Details

  • Assessor Parcel Number 210301407026
  • Seller Concessions Offered

Community Details

Overview

  • Association fees include cable TV, common area maintenance, gas, heat, internet, sewer, snow removal, trash, water
  • Breakaway West Subdivision

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails
  • Snow Removal

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,251

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,000 per month

Listing Details

  • Association HOA Fee: 1000.0
  • HOA Fee Frequency: Monthly
  • Lot Size Acres: 0.04
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 1972
  • Road Surface Type: All Year
  • Subdivision Name: Breakaway West
  • Garage Yn: No
  • Tax Parcel Letter: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Entry Location: 3
  • Fireplace Features: Gas
  • Furnished: Furnished
  • Interior Amenities: Fireplace - Gas, Multi-Level, Vaulted Ceiling(s)
  • Appliances: Dishwasher, Disposal, Microwave, Range, Washer/Dryer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Area: 1424.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Interior Features:Multi-Level: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Gas3: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • View: City, Creek/Stream, Mountain(s), Ski Slopes, South Facing, Trees/Woods, Valley
  • Waterfront Features: Creek
  • Lot Features: Near Public Transit, City Lot
  • Waterfront: Yes
  • Construction Type: Stone, Stucco, Wood Siding
  • Foundation Details: Poured in Place
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes
  • Waterfront Features:Creek: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Uncovered Unassigned
  • General Info:Garage2: No
  • Parking:Uncovered Unassigned: Yes

Utilities

  • Cooling: None
  • Heating: Baseboard
  • Sewer: Sewer Connected
  • Water Source: Public
  • Laundry Features: See Remarks
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Trail(s)
  • Amenities: Fitness Center, On Site Management, Pool, Spa/Hot Tub
  • Association Fee: 1000.0
  • Association Fee Frequency: Monthly

Association/Amenities

  • HOAComm Amenities:Fitness Center: Yes
  • HOAComm Amenities:On Site Management: Yes
  • HOAComm Amenities:Pool2: Yes
  • HOAComm Amenities:SpaHot Tub2: Yes
  • AssociationHOA Fee Includes:Cable TV: Yes
  • AssociationHOA Fee Includes:Common Area Maintenance: Yes
  • AssociationHOA Fee Includes:Internet: Yes
  • AssociationHOA Fee Includes:Sewer: Yes
  • AssociationHOA Fee Includes:Snow Removal2: Yes
  • AssociationHOA Fee Includes:Water: Yes
  • Documents:Association Documents: Yes
  • AssociationHOA Fee Includes:Gas2: Yes
  • AssociationHOA Fee Includes:Heat: Yes
  • Keywords Info:Association YN: Yes
  • AssociationHOA Fee Includes:Trash2: Yes

Fee Information

  • Association Fee Includes: Cable TV, Common Area Maintenance, Gas, Heat, Internet, Sewer, Snow Removal, Trash, Water

Lot Info

  • Lot Size Sq Ft: 1916.0
  • Parcel #: 210301407026
  • Land Lease: No
  • Zoning: Multi-Family Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3250.88
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Nov 27, 2024
Sold by
Shomaker Michael Lawrence
Bought by
Smith Bradley and Boerger Sarah
Seller's Agent
Nate Hall
Berkshire Hathaway - Vail VLG
Buyer's Agent
David Nudell
Vail Valley Real Estate, Inc
List Price
$1,350,000
Sold Price
$1,210,000
Premium/Discount to List
-$140,000
-10.37%
Views
6
Current Estimated Value
$1,273,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,182
Avg. Annual Appreciation
6.02%
Original Mortgage
$850,000
Outstanding Balance
$842,755
Interest Rate
6.37%
Mortgage Type
New Conventional
Estimated Equity
$430,427

Purchase Details

Listed on
Oct 15, 2021
Closed on
Nov 19, 2021
Sold by
Harrington Gary P
Bought by
Shomaker Michael Lawrence
Seller's Agent
Craig Capan
Berkshire Hathaway - Vail VLG
Buyer's Agent
Nate Hall
Coldwell Banker Distinctive Properties
List Price
$995,000
Sold Price
$1,015,000
Premium/Discount to List
$20,000
2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$761,250
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
Phipps Antony A and James Betsy W
Bought by
Harrington Gary P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.06%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Special Warranty Deed $1,210,000 Land Title Guarantee
Special Warranty Deed $1,210,000 Land Title Guarantee
Warranty Deed $1,015,000 Land Title Guarantee Co
Warranty Deed $455,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $850,000 New Conventional
Closed $850,000 New Conventional
Previous Owner $761,250 New Conventional
Previous Owner $200,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2024 11/27/24 Sold $1,210,000 -6.9% $850 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
10/26/2024 10/26/24 Price Changed $1,300,000 -3.7% $913 / Sq Ft
10/24/2024 10/24/24 For Sale $1,350,000 +33.0% $948 / Sq Ft
11/19/2021 11/19/21 Sold $1,015,000 +2.0% $713 / Sq Ft View Prior Sale
10/17/2021 10/17/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $995,000 -- $699 / Sq Ft
Source: Vail Multi-List Service

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 $3,251 $68,350 -- $68,350
2023 $3,251 $68,350 $0 $68,350
2022 $2,198 $42,770 $0 $42,770
2021 $2,263 $44,000 $0 $44,000
2020 $1,977 $38,950 $0 $38,950
2019 $1,983 $38,950 $0 $38,950
2018 $1,992 $38,350 $0 $38,350
2017 $1,983 $38,350 $0 $38,350
2016 $1,928 $37,700 $0 $37,700
2015 -- $37,700 $0 $37,700
2014 -- $34,630 $0 $34,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 1010569

Vail Multi-List Service

APN: R033274