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1291 Adams Avenue

1291 Adams Avenue, Silverthorne, CO 80498
Property in Summit
Sold Mar 11, 2015
$9,250,000
$7,400,000 by Oak Grove Commercial Mortgage
Mortgage Due Mar 11, 2045
Sold May 30, 2008
$2,633,012
1291 Adams Avenue in Silverthorne, CO was first built in 1994 and is 30 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 32 rooms in the home, of which, 16 are bedrooms. In terms of bathrooms, there are a total of 8 full bathrooms. There are 12 partial bathrooms. 1291 Adams Avenue has 9,125 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 227,775 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a no garage. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1291 Adams Avenue sold most recently in Mar 11, 2015 for a total of $9,250,000. If you work out the math, that's approximately a cost of $1,013.70 per sqft. Before that, the property was also sold for $2,633,012 in May 28, 2008. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $54,329 in taxes each year. 1291 Adams Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $873,565. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 10
  • Total Rooms: 32
  • Bedroom Count: 16
  • Bathroom Count: 12
  • Full Bathrooms: 8
  • Partial Bathrooms: 12
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Living Units: 8
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 227,775
  • Total Building Area: 9,125
  • Building Area: 9,125
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 9,125
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BLUE RIVER APARTMENTS
  • Land Acres: 5.229
  • Standard Land Use Code: Apartment house (5+ units)
  • Legal Description 1: IN BLUE RIVER APARTMENTS RESUB BLOCK 1 SILVERTHORNE PARK

Ownership

  • Current Owner : TRALEE AFFORDABLE BRONCO LLC
  • Previous Owner : CAH IDA BLUE RIVER LLC
  • Owner Before Previous Owner: BLUE RIVER
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Summit School District RE-1
  • Census Tract: 000102

Zoning

  • Zoning: SR-15

Geography

  • Parcel: 6500137
  • Municipality: SILVERTHORNE
  • Latitude: 39.6446
  • Longitude: -106.081

    Address

  • Full Address: 1291 Adams Ave
  • Address - House Number: 1291
  • Address - Street Name: Adams
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Silverthorne
  • Carrier Code: R777
  • 4-Digit Zip Code: 5556
  • Zip Code: 80498

Valuation

    Tax

  • Total Area: 9,125
  • Tax Year: 2023
  • Tax Amount: $54,329
  • Tax Rate Code Area: 15

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $7,400,000
  • First Open Lien Mortgage Lender: OAK GROVE COMMERCIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 11, 2015
  • First Open Lien Mortgage Loan Amount: $7,400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Mar 11, 2045

    Market Valuation

  • Market Total Value: $12,846,550
  • Market Land Value: $2,912,600
  • Market Improvement Value: $9,933,950

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $873,565

    Sales

  • Current Sale Contract Date: Mar 11, 2015
  • Current Sale Recording Date: Mar 11, 2015
  • Current Sale Transaction ID: 11468094423
  • Current Sale Price: $9,250,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1077729
  • Previous Sale Recording Date: May 30, 2008
  • Previous Sale Contract Date: May 28, 2008
  • Previous Sale Amount: $2,633,012
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OAK GROVE COMMERCIAL MORTGAGE
  • First Mortgage Transaction Date: Mar 11, 2015
  • First Mortgage Loan Amount: $7,400,000
  • First Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 1291 Adams Avenue located in?
The 1291 Adams Avenue is a located in the neighborhood of Summit in Silverthorne, Silverthorne.
What is the average sales price for listings in 1291 Adams Avenue?
The average sales price for units in 1291 Adams Avenue is $0 currently.

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