NOT LISTED FOR SALE

111 Cimarron Trail Edwards, CO 81632

Estimated Value: $3,310,000 - $3,497,000

4 Beds
4.5 Baths
4,576 Sq Ft
$739/Sq Ft Est. Value

Last Sold July 18, 2013

Last sale price $1,325,000 $290 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $20,648/month

42 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Clubhouse
  • Equestrian Center
  • Fishing
  • Deck

About This Home

As of July 2013

Outstanding Cimarron home with unobstructed mountain and Golf Course views. Open floorplan with massive logs, living, dining, master, study, and laundry on main level. Incredible opportunity to enjoy arguably the most exclusive enclave in Cordillera at a bargain price.

Last Listed By

Kent Barker

Slifer Smith & Frampton - Cordillera License #40003830 Listed on: 02/04/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,402

Year Built

  • Built in 1998

Lot Details

  • 0.26 Acre Lot
  • On Golf Course

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Golf Course
  • Mountain

Home Design

  • Frame Construction
  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,576 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Patio

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 210715113010

Community Details

Overview

  • Association fees include common area maintenance, electricity, snow removal
  • Cordillera F28 Cimarron Subdivision

Amenities

  • Shuttle
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing
  • Trails

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,402

Year Built

Built in 1998

Lot Details

0

HOA Fees

$500 per month

Parking

2

Listing Details

  • Association HOA Fee: 1500.0
  • HOA Fee Frequency: Quarterly
  • Resort Fee: 2500.0
  • Resort Fee Frequency: Annually
  • Unit Levels: Multi/Split
  • Lot Size Acres: 0.26
  • Property Access Months Accessible: 12
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 1998
  • Road Surface Type: All Year
  • Subdivision Name: Cordillera F28 - Cimarron
  • Tax Parcel Letter: Yes
  • Special Features: 4108
  • Stories: 2

Interior Features

  • Entry Location: 1
  • Fireplace Features: Gas
  • Furnished: Unfurnished
  • Interior Amenities: Fireplace - Gas, Multi-Level, Patio, Vaulted Ceiling(s)
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Wall Oven, Washer, Washer/Dryer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Tile, Wood
  • Living Area: 4576.0
  • Appliances Included:Dishwasher: 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:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Wall Oven: Yes
  • Interior Features:Patio: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: Shake
  • View: Golf Course, Mountain(s)
  • Lot Features: On Golf Course
  • Construction Type: Other
  • Foundation Details: Concrete Perimeter
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Patio2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Other
  • Parking:Other6: Yes
  • General Info:_pound_ of Garage Stalls: 2.0

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Sewer: Sewer Connected
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Satellite, Sewer Available, Trash, Water Available
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Clubhouse, Equestrian Center, Fishing, Fitness Center, Golf, Pool, Tennis Court(s), Trail(s)
  • Amenities: Fitness Center, On Site Management, Pool, Shuttle Service, Tennis Court(s), Other
  • Association Fee: 1500.0
  • Association Fee Frequency: Quarterly

Association/Amenities

  • HOAComm Amenities:Fitness Center: Yes
  • HOAComm Amenities:On Site Management: Yes
  • HOAComm Amenities:Pool2: Yes
  • HOAComm Amenities:Shuttle Service: Yes
  • AssociationHOA Fee Includes:Common Area Maintenance: Yes
  • AssociationHOA Fee Includes:Snow Removal2: Yes
  • Documents:Association Documents: Yes
  • AssociationHOA Fee Includes:Electricity: Yes
  • HOAComm Amenities:Tennis Court(s): Yes
  • HOAComm Amenities:Other7: Yes
  • Keywords Info:Association YN: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Electricity, Snow Removal

Lot Info

  • Lot Size Sq Ft: 11326.0
  • Parcel #: 210715113010
  • Land Lease: No
  • Zoning: single family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13402.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2013
Closed on
Jul 18, 2013
Sold by
The Elizabeth N Coleman Revocable Trust
Bought by
Bernasek Brian A and Bernasek Catherine M
Seller's Agent
Kent Barker
Slifer Smith & Frampton - Cordillera
Buyer's Agent
Robert Barker
Slifer Smith & Frampton - Slifer House Avon
List Price
$1,395,000
Sold Price
$1,325,000
Premium/Discount to List
-$70,000
-5.02%
Total Days on Market
42
Current Estimated Value
$3,382,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,057,049
Avg. Annual Appreciation
8.21%
Original Mortgage
$625,500
Outstanding Balance
$164,366
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$3,217,683

Purchase Details

Closed on
Apr 11, 2007
Sold by
Coleman Elizabeth N and Coleman William O
Bought by
The Elizabeth N Coleman Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2007
Sold by
The Elizabeth N Coleman Revocable Trust
Bought by
Coleman William O and Coleman Elizabeth N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2005
Sold by
The Elizabeth N Coleman Revocable Trust
Bought by
Coleman William O and Coleman Elizabeth N

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
5.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 30, 2005
Sold by
Coleman William O and Coleman Elizabeth N
Bought by
The Elizabeth N Coleman Revocable Trust

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
5.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 19, 2004
Sold by
Coleman William O and Coleman Elizabeth N
Bought by
The Elizabeth N Coleman Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,347,500
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2000
Sold by
Elk Ridge Joint Venture
Bought by
Coleman William O and Gibson Elizabeth N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,384,000
Interest Rate
7.5%

Purchase Details

Closed on
Apr 23, 1999
Sold by
Stag Gulch Partners
Bought by
Elk Ridge Joint Venture

Range of Values:

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Average Value
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List Price
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
Bernasek Brian A $1,325,000 Land Title Guarantee Company
The Elizabeth N Coleman Revocable Trust -- None Available
Coleman William O -- Land Title Guarantee Company
Coleman William O -- Land Title Guarantee Company
Coleman William O -- --
The Elizabeth N Coleman Revocable Trust -- --
The Elizabeth N Coleman Revocable Trust -- Land Title
Coleman William O -- Land Title
Coleman William O $1,730,000 Land Title
Elk Ridge Joint Venture $1,495,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernasek Brian A $625,500
Previous Owner Coleman William O $1,400,000
Previous Owner Coleman William O $200,000
Previous Owner Coleman William O $1,347,500
Previous Owner Coleman William O $1,382,500
Previous Owner Coleman William O $1,384,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2013 07/18/13 Sold $1,325,000 -5.0% $290 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
02/04/2013 02/04/13 For Sale $1,395,000 -- $305 / 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 $14,601 $179,840 $27,580 $152,260
2023 $14,601 $179,840 $27,580 $152,260
2022 $13,097 $126,370 $16,260 $110,110
2021 $14,898 $130,010 $16,730 $113,280
2020 $13,478 $112,950 $16,730 $96,220
2019 $13,441 $112,950 $16,730 $96,220
2018 $14,275 $112,320 $23,940 $88,380
2017 $13,588 $112,320 $23,940 $88,380
2016 $13,441 $115,340 $23,880 $91,460
2015 -- $115,340 $23,880 $91,460
2014 $13,521 $111,870 $19,900 $91,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 916672

Vail Multi-List Service

APN: R045622