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294 Fairways Drive

294 Fairways Drive, Breckenridge, CO 80424
Property in Summit
Sold Dec 08, 2021
$2,800,000
$1,400,000 by Us Bank Na
Mortgage Due Jan 01, 2052
Sold Jul 28, 2014
$1,375,000
Local assessors in Breckenridge, CO have categorized 294 Fairways Drive as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 27,007 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 294 Fairways Drive has a total of 3,328 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 770 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of wood siding were used in the construction of the exterior walls of the home. The home's a radiant heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 294 Fairways Drive was last sold in Dec 1, 2021 for $2,800,000. According to our calculations, that's $841.35 per sqft. Prior to that sales transaction, the property was sold for $1,375,000 in Jul 25, 2014. Current property owners are expected to pay $8,751 in taxes per year. The property on 294 Fairways Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $106,766. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 770
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 27,007
  • Total Building Area: 3,328
  • Building Area: 3,328
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Radiant
  • Heated Square Feet: 3,328
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CRESCENT SUB
  • Land Acres: 0.62
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 CRESCENT SUB

Ownership

  • Current Owner : WIKE MICHAEL W
  • Current Owner 2: WIKE MELISSA F
  • Previous Owner : LDL LOWE FAMILY PARTNERSHIP LTD
  • Owner Before Previous Owner: MICHAEL E WIDNER 1999 TRUST
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Summit School District RE-1
  • Census Tract: 000404

Zoning

  • Zoning: B38

Geography

  • Parcel: 6511432
  • Lot: 4
  • Municipality: BRECKENRIDGE
  • Latitude: 39.52
  • Longitude: -106.034

    Address

  • Full Address: 294 Fairways Dr
  • Address - House Number: 294
  • Address - Street Name: Fairways
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Breckenridge
  • Carrier Code: R777
  • 4-Digit Zip Code: 5599
  • Zip Code: 80424

Valuation

    Tax

  • Total Area: 3,328
  • Tax Year: 2023
  • Tax Amount: $8,751
  • Tax Rate Code Area: 3

    Appraisal Valuation

  • Standard Deviation: 0.1612
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 2,860,261
  • High Value: 3,321,587
  • Low Value: 2,398,934

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,400,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Dec 08, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $1,536,200
  • Market Land Value: $428,100
  • Market Improvement Value: $1,108,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $106,766

    Sales

  • Current Sale Contract Date: Dec 01, 2021
  • Current Sale Recording Date: Dec 08, 2021
  • Current Sale Transaction ID: 11872968335
  • Current Sale Price: $2,800,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1277666
  • Previous Sale Recording Date: Jul 28, 2014
  • Previous Sale Contract Date: Jul 25, 2014
  • Previous Sale Amount: $1,375,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Dec 08, 2021
  • First Mortgage Loan Amount: $1,400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Breckenridge



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Frequently Asked Questions

What neighborhood is 294 Fairways Drive located in?
The 294 Fairways Drive is a located in the neighborhood of Summit in Breckenridge, Breckenridge.
What is the average sales price for listings in 294 Fairways Drive?
The average sales price for units in 294 Fairways Drive is $0 currently.

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