NOT LISTED FOR SALE

111 Castle Peak Ln Edwards, CO 81632

Estimated Value: $2,102,934 - $2,331,000

4 Beds
3.5 Baths
3,022 Sq Ft
$716/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $2,250,000 $745 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $12,366/month

6 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Property is near public transit
  • View of Trees or Woods
  • Deck
  • Vaulted Ceiling

About This Home

As of May 2024

Located in the highly coveted neighborhood of Homestead, this single-family 4 bedroom home is tucked away at the end of a cul-de-sac. Lots of natural light, vaulted ceilings, views of Game Creek Bowl from great room and Red and White Mountain from office and bedrooms, (2) gas fireplaces and well-appointed floor plan make this an ideal home within very close proximity to the Homestead Court Club and all that Homestead has to offer. Other features include new appliances, some new flooring, imported German tilt/turn windows, office, ''Harry Potter'' bonus room, lower level bedroom can also be used as an additional living space, complete with a kitchenette.

Last Agent to Sell the Property

Jeffrey Morgan

Ron Byrne & Associates R.E. License #FA100072018 Listed on: 04/11/2024

Co-Listed By

Tracy Hermes

Ron Byrne & Associates R.E. License #100093702

Last Buyer's Agent

Corey Lamothe

LIV Sotheby's Int. Realty- Vail Bridge Street License #FA40040135

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,719

Year Built

  • Built in 1999

Lot Details

  • 8,799

HOA Fees

  • $115 Monthly HOA Fees

Parking

  • 2.5 Car Garage
  • Heated Garage

Property Views

  • Woods
  • Mountain
  • Valley

Home Design

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

Interior Spaces

  • 3,022 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Washer and Electric Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Phone Available
  • Cable TV Available

Additional Features

  • 8,799 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 2105-053-01-016
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include club membership
  • Homestead 1 Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Racquetball
  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,719

Year Built

Built in 1999

Lot Details

0

HOA Fees

$115 per month

Parking

2

Listing Details

  • Association HOA Fee: 115.0
  • HOA Fee Frequency: Monthly
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.2
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 3
  • Average Monthly Electric Expenses: 65.0
  • Average Monthly Gas Expenses: 200.0
  • Monthly Sewer Expense: 50.0
  • Monthly Trash Expense: 30.0
  • Monthly Water Expense: 50.0
  • Utility Expenses Water Sewer Included In HOA: No
  • Year Built: 1999
  • Road Surface Type: All Year
  • Subdivision Name: Homestead 1
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Entry Location: Level 1
  • Fireplace Features: Gas
  • Furnished: Unfurnished
  • Interior Amenities: Fireplace - Gas, Multi-Level, Patio, Vaulted Ceiling(s)
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Living Area: 3022.0
  • ResoLivingAreaSource: Appraiser
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Interior Features:Multi-Level: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Gas3: Yes
  • Appliances Included:Microwave: Yes
  • Interior Features:Patio: Yes

Exterior Features

  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • View: Mountain(s), Trees/Woods, Valley
  • Construction Type: Stucco, Wood Siding
  • Foundation Details: Poured in Place
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.5
  • Parking Features: Heated Garage
  • General Info:Garage2: Yes
  • Parking:Heated Garage: Yes
  • General Info:_pound_ of Garage Stalls: 2.5

Utilities

  • Cooling: None
  • Heating: Natural Gas, Radiant, Radiant Floor
  • Sewer: Sewer Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Trash, Water Available
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes
  • Heating:Radiant Floor: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Clubhouse, Cross Country Trail(s), Fitness Center, Near Public Transit, Pool, Racquet Ball Courts, Tennis Court(s), Trail(s), Pickleball Courts
  • Amenities: Clubhouse, Fitness Center, Pool, Racquetball, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 115.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Association/Amenities

  • HOAComm Amenities:Fitness Center: Yes
  • HOAComm Amenities:Pool2: Yes
  • HOAComm Amenities:SpaHot Tub2: Yes
  • HOAComm Amenities:Clubhouse: Yes
  • HOAComm Amenities:Racquetball: Yes
  • HOAComm Amenities:Tennis Court(s): Yes
  • AssociationHOA Fee Includes:Club Membership: Yes
  • Keywords Info:Association YN: Yes

Fee Information

  • Association Fee Includes: Club Membership

Lot Info

  • Lot Size Sq Ft: 8799.0
  • Parcel #: 2105-053-01-016
  • Land Lease: No
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5719.4
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
May 15, 2024
Sold by
15135 Burbank Apts Llc
Bought by
Bowen Mark Reed and Bowen Kiara Layne
Seller's Agent
Jeffrey Morgan
Ron Byrne & Associates R.E.
Buyer's Agent
Corey Lamothe
LIV Sotheby's Int. Realty- Vail Bridge Street
List Price
$2,250,000
Sold Price
$2,250,000
Views
13
Current Estimated Value
$2,164,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$85,016
Avg. Annual Appreciation
-0.55%

Purchase Details

Listed on
Feb 11, 2023
Closed on
Mar 28, 2023
Sold by
Smith Eaton Ellen
Bought by
15135 Burbank Apts Llc
Seller's Agent
Ellen Eaton
Smith Eaton Real Estate&Prop M
Buyer's Agent
Ellen Eaton
RE/MAX Elevate Vail Valley
List Price
$1,700,000
Sold Price
$1,657,000
Premium/Discount to List
-$43,000
-2.53%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.09%
Original Mortgage
$994,500
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2017
Sold by
Eaton Ellen M
Bought by
Eaton Ellen Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 29, 2013
Sold by
Eaton Ellen M
Bought by
Eaton Ellen Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,450
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2013
Sold by
Eaton Ellen Smith
Bought by
Eaton Ellen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,450
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2010
Sold by
Eaton Ellen M S and Eaton Michael Bruce
Bought by
Eaton Ellen Smith

Purchase Details

Closed on
May 1, 2002
Sold by
Smith Ellen M
Bought by
Smith Ellen M and Eaton Michael Bruce

Purchase Details

Closed on
Jan 29, 2002
Sold by
Preytis Charles J and Preytis Cindy B
Bought by
Smith Ellen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,875
Interest Rate
6.5%

Purchase Details

Closed on
Oct 1, 1994
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 Buyer Sale Price Title Company
Bowen Mark Reed $2,250,000 Land Title
15135 Burbank Apts Llc $1,657,500 Land Title Guarantee
Eaton Ellen Smith -- None Available
Eaton Ellen Smith -- None Available
Eaton Ellen M -- Title Company Of The Rockies
Eaton Ellen Smith -- None Available
Smith Ellen M -- --
Smith Ellen M $526,500 First American Heritage Titl
-- $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowen Mark Reed $1,350,000
Previous Owner 15135 Burbank Apts Llc $994,500
Previous Owner Smith Eaton Ellen $250,000
Previous Owner Eaton Ellen Smith $150,000
Previous Owner Eaton Ellen Smith $70,000
Previous Owner Eaton Ellen Smith $620,000
Previous Owner Eaton Ellen Smith $150,000
Previous Owner Eaton Ellen M $308,450
Previous Owner Eaton Michael Bruce $330,000
Previous Owner Eaton Michael Bruce $348,000
Previous Owner Smith Ellen M $394,875
Previous Owner Preytis Cindy B $265,000
Previous Owner Preytis Charles J $12,000
Previous Owner Preytis Cindy B $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $2,250,000 0.0% $745 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $2,250,000 +35.8% $745 / Sq Ft
03/28/2023 03/28/23 Sold $1,657,000 -2.5% $591 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
02/11/2023 02/11/23 For Sale $1,700,000 -- $607 / 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 $5,719 $110,090 $21,010 $89,080
2023 $5,719 $110,090 $21,010 $89,080
2022 $3,682 $61,500 $18,070 $43,430
2021 $3,733 $63,270 $18,590 $44,680
2020 $3,422 $58,260 $20,590 $37,670
2019 $3,403 $58,260 $20,590 $37,670
2018 $3,335 $55,810 $16,720 $39,090
2017 $3,301 $55,810 $16,720 $39,090
2016 $3,133 $52,750 $17,550 $35,200
2015 -- $52,750 $17,550 $35,200
2014 $2,229 $40,730 $8,260 $32,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 1009264

Vail Multi-List Service

APN: R022413