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557 Broken Lance Drive

557 Broken Lance Drive, Breckenridge, CO 80424
Multifamily in Summit
Local assessors in Breckenridge, CO have categorized 557 Broken Lance Drive as a residential type of property. The home was built in 1969 and is 55 years old. The property's lot size has been calculated to be 5,227 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 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 557 Broken Lance Drive has a total of 2,279 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 no garage for those who need a place to park their vehicle. 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 - D. Lots of wood siding were used in the construction of the exterior walls of the home. The home's a forced air unit 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, 557 Broken Lance Drive was last sold in Dec 16, 2019 for $1,051,000. According to our calculations, that's $461.17 per sqft. Prior to that sales transaction, the property was sold for $730,000 in Aug 25, 2017. Current property owners are expected to pay $5,463 in taxes per year. The property on 557 Broken Lance Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $62,015. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Exterior

Wood Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190105
01/05/2019
4 Bed
3 Bath
3144 ft²
$1,199,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
3144 ft²
$1,051,000 -12.34%
12/30/2019
Keta Braggins

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 2,279
  • Building Area: 2,279
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,279
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WARRIORS MARK SUB
  • Land Acres: 0.12
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LOT 1A WARRIORS MARK SUB # 2 LKA NE1/2 LOT 1A

Ownership

  • Current Owner : FANTINI MICHAEL ANTHONY
  • Current Owner 2: RIZZO FANTINI ANNE G
  • Previous Owner : FISHER KARL D
  • Previous Owner 2: BENVENUTO LORI L
  • Owner Before Previous Owner: MARTINY KAREN T
  • Owner Before Previous Owner 2: MARTINY VICTOR C

Neighborhood

  • School District Name: Summit School District RE-1
  • Census Tract: 000405

Zoning

  • Zoning: B30-7

Geography

  • Parcel: 500225
  • Lot: 1A
  • Municipality: BRECKENRIDGE
  • Latitude: 39.4683
  • Longitude: -106.044

    Address

  • Full Address: 557 Broken Lance Dr
  • Address - House Number: 557
  • Address - Street Name: Broken Lance
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Breckenridge
  • Zip Code: 80424

Valuation

    Tax

  • Total Area: 2,244
  • Tax Year: 2023
  • Tax Amount: $5,463
  • Tax Rate Code Area: 3

    Appraisal Valuation

  • Standard Deviation: 0.4773
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 4
  • Final Value: 1,024,704
  • High Value: 1,513,880
  • Low Value: 535,527

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $788,250
  • First Open Lien Mortgage Lender: USAA FSB
  • First Open Lien Mortgage Recording Date: Dec 30, 2019
  • First Open Lien Mortgage Loan Amount: $788,250
  • 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, 2050

    Market Valuation

  • Market Total Value: $892,300
  • Market Land Value: $183,200
  • Market Improvement Value: $709,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,015

    Sales

  • Current Sale Contract Date: Dec 16, 2019
  • Current Sale Recording Date: Dec 30, 2019
  • Current Sale Transaction ID: 11712351468
  • Current Sale Price: $1,051,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1217059
  • Previous Sale Recording Date: Sep 14, 2017
  • Previous Sale Contract Date: Aug 25, 2017
  • Previous Sale Amount: $730,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: USAA FSB
  • First Mortgage Transaction Date: Dec 30, 2019
  • First Mortgage Loan Amount: $788,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BOKF NA
  • Previous Mortgage Transaction Date: Sep 14, 2017
  • Previous Mortgage Loan Amount: $525,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Sep 01, 2047

About Breckenridge



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Frequently Asked Questions

What neighborhood is 557 Broken Lance Drive located in?
The 557 Broken Lance Drive is a multifamily located in the neighborhood of Summit in Breckenridge, Breckenridge.
What is the average sales price for listings in 557 Broken Lance Drive?
The average sales price for units in 557 Broken Lance Drive is $1,099,000 , or $350/sqft. currently.

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