NOT LISTED FOR SALE

1117 the Summit Trail Edwards, CO 81632

Estimated Value: $4,822,000 - $6,166,806

7 Beds
9 Baths
6,966 Sq Ft
$785/Sq Ft Est. Value

Last Sold December 23, 2019

Last sale price $2,075,000 $298 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $30,233/month

942 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Fishing
  • Equestrian Center
  • Indoor Spa
  • Clubhouse

About This Home

As of December 2019

AUCTION: Bid Oct. 22-24 | Previously $3.475M | Reserve $1.9M | Open Daily 1-4 p.m. & by appt. This residence is the perfect estate for entertaining and family gatherings. With an ideal main level layout, enjoy panoramic mountain views in every direction and a perfect location on the Summit Golf Course. After a day of enjoying the Cordillera amenities, grab a glass of wine and bask in the view from your soaking tub in your vast master suite. 1117 Summit Trail is the secret to a life well-lived.

Last Agent to Sell the Property

Barbara Gardner

LIV Sotheby's Int. Realty- Vail Bridge Street Brokerage Phone: 970.471.1223 License #FA100035003 Listed on: 10/02/2019

LIV Sotheby's Int. Realty- Vail Bridge Street

Co-Listed By

Malia Nobrega

LIV Sotheby's Int. Realty-Vail Mountain Haus Brokerage Phone: 970.471.1223 License #FA40038043

Last Buyer's Agent

Malia Nobrega

LIV Sothebys Intl Realty Edwards Riverwalk

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,414

Year Built

  • Built in 2003

Lot Details

  • 2.5 Acre Lot
  • On Golf Course

Parking

  • 3 Car Garage

Property Views

  • Golf Course
  • Woods
  • Mountain

Home Design

  • Frame Construction
  • Shake Roof
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 6,966 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Indoor Spa
  • Washer and Dryer

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Deck
  • Patio

Horse Facilities and Amenities

  • Equestrian Center

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 210716204013
  • Seller Concessions Not Offered

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, security, snow removal
  • Cordillera Sub Fil 36 Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing
  • Trails
  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,414

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Resort Fee: 3000.0
  • Resort Fee Frequency: Annually
  • Lot Size Acres: 2.5
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 3
  • Average Monthly Electric Expenses: 114.0
  • Average Monthly Gas Expenses: 375.0
  • Monthly Water Expense: 176.0
  • Year Built: 2003
  • Subdivision Name: Cordillera Sub Fil 36
  • Attribution Contact: 970.471.1223
  • Financing Information Transfer Fee: 2.0
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Entry Location: 2
  • Fireplace Features: Gas
  • Furnished: Furnished
  • Interior Amenities: Fireplace - Gas, Jetted Bath, Patio, Spa/Hot Tub, Vaulted Ceiling(s)
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Washer/Dryer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Stone, Tile, Wood
  • Living Area: 6966.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: 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:Cooktop: Yes
  • Interior Features:Patio: Yes
  • Interior Features:SpaHot Tub: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: Shake
  • View: Golf Course, Mountain(s), Trees/Woods
  • Lot Features: On Golf Course
  • Construction Type: Stone, 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: 3.0
  • Parking Features: Other
  • Parking:Other6: Yes
  • General Info:_pound_ of Garage Stalls: 3.0

Utilities

  • Cooling: None
  • Heating: Natural Gas, Radiant
  • Sewer: Sewer Connected
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Snow Removal, Trash
  • Heating:Natural Gas: Yes
  • Heating:Radiant: 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, Pool, Spa/Hot Tub, Tennis Court(s)

Association/Amenities

  • HOAComm Amenities:Fitness Center: Yes
  • HOAComm Amenities:Pool2: Yes
  • HOAComm Amenities:SpaHot Tub2: Yes
  • AssociationHOA Fee Includes:Common Area Maintenance: Yes
  • AssociationHOA Fee Includes:Snow Removal2: Yes
  • HOAComm Amenities:Tennis Court(s): Yes
  • AssociationHOA Fee Includes:Security: Yes

Fee Information

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

Lot Info

  • Lot Size Sq Ft: 108900.0
  • Parcel #: 210716204013
  • Land Lease: No
  • Zoning: Multiple Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 28414.12
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2019
Closed on
Dec 9, 2019
Sold by
Mws Two Corp
Bought by
Jasper Harry J and Jasper Deborah J
Seller's Agent
Barbara Gardner
LIV Sotheby's Int. Realty- Vail Bridge Street
Buyer's Agent
Malia Nobrega
LIV Sothebys Intl Realty Edwards Riverwalk
List Price
$3,100,000
Sold Price
$2,075,000
Premium/Discount to List
-$1,025,000
-33.06%
Current Estimated Value
$5,470,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,395,702
Avg. Annual Appreciation
17.23%
Original Mortgage
$1,900,000
Outstanding Balance
$1,680,020
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$3,790,682

Purchase Details

Closed on
Oct 28, 2009
Sold by
Back Home Loans Servicing Lp
Bought by
Mws Two Corp

Purchase Details

Closed on
Jan 12, 2005
Sold by
Benaske Stephen Angelo
Bought by
Shanoah Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
18%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 6, 2005
Sold by
Shanoah Holdings Llc
Bought by
Benaske Stephen Angelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
18%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 25, 2004
Sold by
Benaske Stephen Angelo
Bought by
Shanoah Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 7, 2003
Sold by
Broadway Mortgage Corp
Bought by
Benaske Stephen Angelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.93%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 17, 2003
Sold by
Squaw Creek Realty Corp
Bought by
Broadway Mortgage Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.57%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Jasper Harry J $2,075,000 Land Title Guarantee Company
Mws Two Corp $890,000 Htco
Mws Two Corp $890,000 Htco
Shanoah Holdings Llc -- Land Title
Benaske Stephen Angelo -- Land Title Guarantee Company
Shanoah Holdings Llc -- --
Benaske Stephen Angelo -- Land Title Guarantee Company
Broadway Mortgage Corp $225,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jasper Harry J $1,900,000
Previous Owner Shanoah Holdings Llc $700,000
Previous Owner Benaske Stephen Angelo $2,400,000
Previous Owner Shanoah Holdings Llc $2,000,000
Previous Owner Benaske Stephen Angelo $332,000
Previous Owner Broadway Mortgage Corp $270,000
Closed Benaske Stephen Angelo $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2019 12/23/19 Sold $2,075,000 -33.1% $298 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
03/24/2017 03/24/17 For Sale $3,100,000 -- $445 / Sq Ft
Source: Vail Multi-List Service

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 $21,553 $266,860 $23,790 $243,070
2023 $21,553 $266,860 $23,790 $243,070
2022 $18,715 $181,470 $8,340 $173,130
2021 $24,787 $186,690 $8,580 $178,110
2020 $26,729 $185,090 $8,580 $176,510
2019 $26,668 $185,090 $8,580 $176,510
2018 $28,414 $193,300 $9,160 $184,140
2017 $26,765 $193,300 $9,160 $184,140
2016 $26,217 $191,880 $8,600 $183,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 928779

Vail Multi-List Service

APN: R052971