NOT LISTED FOR SALE

116 Castle Peak Ln Unit A Edwards, CO 81632

Estimated Value: $2,260,000 - $2,946,000

4 Beds
4.5 Baths
3,078 Sq Ft
$842/Sq Ft Est. Value

Sale Details

Date Sold: March 3, 2015

Last sale price $1,175,000 $382 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $15,530 / mo

17 Days on Market

Highlights

  • Fishing
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub
  • Deck
  • Wood Flooring
  • Community Pool

About This Home

As of March 2015

This property is located in the quiet and lovely neighborhood of The Springs of Arrowhead, which has its own hot tub and neighborhood water feature. The property has 4-bedrooms, 4.5-baths plus a large open room, that has extra sleeping space, or is a great den. Take the dial-a-ride to all amenities.

Last Agent to Sell the Property

Matt Iverson

Slifer Smith & Frampton - Arrowhead License #FA40021681 Listed on: 12/18/2014

Co-Listed By

Kathy Iverson

Slifer Smith & Frampton - Arrowhead License #EA1040785

Last Buyer's Agent

Tony O'Brien

Slifer Smith & Frampton/St Jam

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,216

Year Built

  • Built in 1998

Lot Details

  • 9,975

HOA Fees

  • $1,083 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 3,078 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Phone Available
  • Cable TV Available

Additional Features

  • Deck
  • 9,975 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 31A
  • Assessor Parcel Number 2105-101-01-076
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include common area maintenance, electricity, management, sewer, taxes, water
  • Arrowhead At Vail 11 Subdivision

Amenities

  • Shuttle

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa
  • Fishing
  • Trails
  • Snow Removal

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,216

Year Built

Built in 1998

Lot Details

9,975 Sq Ft Lot

HOA Fees

$1,083 per month

Parking

2

Listing Details

  • Association HOA Fee: 3248.0
  • HOA Fee Frequency: Quarterly
  • Resort Fee: 1200.0
  • Resort Fee Frequency: Annually
  • Unit Levels: Multi/Split
  • Lot Size Acres: 0.23
  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 1998
  • Subdivision Name: Arrowhead At Vail 11
  • Tax Parcel Letter: No
  • Financing Information Transfer Fee: 1.5
  • Percent Basement Finished: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Has Basement: Finished
  • Entry Location: 1
  • Fireplace Features: Gas
  • Furnished: Unfurnished
  • Interior Amenities: Fireplace - Gas, Jetted Bath, Multi-Level, Vaulted Ceiling(s)
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 3078.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: 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
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck
  • Roof: Shake
  • Lot Features: See Remarks
  • Construction Type: Stone, Stucco, Other
  • Foundation Details: Concrete Perimeter
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: 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: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Fishing, Pool, Shuttle Service, Tennis Court(s), Trail(s)
  • Amenities: Spa/Hot Tub
  • Association Fee: 3248.0
  • Association Fee Frequency: Quarterly
  • Pets Allowed: Yes

Association/Amenities

  • HOAComm Amenities:SpaHot Tub2: Yes
  • AssociationHOA Fee Includes:Common Area Maintenance: Yes
  • AssociationHOA Fee Includes:Management: Yes
  • AssociationHOA Fee Includes:Sewer: Yes
  • AssociationHOA Fee Includes:Water: Yes
  • Documents:Association Documents: Yes
  • AssociationHOA Fee Includes:Electricity: Yes
  • AssociationHOA Fee Includes:Taxes3: Yes
  • Keywords Info:Association YN: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Electricity, Management, Sewer, Taxes, Water

Lot Info

  • Lot Size Sq Ft: 9975.0
  • Parcel #: 2105-101-01-076
  • Land Lease: No
  • Zoning: Duplex
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6216.16
  • Tax Lot: 31A
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2023
Sold by
Cavataio Michael A and Cavataio Kathleen A
Bought by
Simek Living Trust
Current Estimated Value
$2,591,493

Purchase Details

Closed on
Jul 31, 2020
Sold by
Kathleen A Cavataio Living Trust
Bought by
Cavataio Michael A and Cavataio Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2016
Sold by
Tedstrom John L and Tedstrom Carri M
Bought by
Kathleen A Cavataio Living Trust and Michael A Cavataio Jr Living Trust

Purchase Details

Closed on
Feb 17, 1998
Sold by
Coneco Colorado Ltd
Bought by
Tedstrom John L and Tedstrom Carri M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,200
Interest Rate
7%

Purchase Details

Closed on
Jun 6, 1997
Sold by
Sanchez Louise
Bought by
Coneco Colorado Ltd

Purchase Details

Closed on
May 7, 1997
Sold by
Sanchez Jesus
Bought by
Sanchez Louise

Purchase Details

Closed on
Jun 27, 1995

Purchase Details

Closed on
Jul 9, 1993
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Simek Living Trust $2,300,000 Land Title Guarantee Company
Cavataio Michael A -- Land Title Guarantee Co
Kathleen A Cavataio Living Trust $892,125 Heritage Title
Tedstrom John L $432,200 Stewart Title
Coneco Colorado Ltd $75,000 --
Sanchez Louise -- --
-- $67,500 --
-- $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cavataio Michael A $150,000
Previous Owner Tedstrom John L $282,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2015 03/03/15 Sold $1,175,000 -1.7% $382 / Sq Ft
01/04/2015 01/04/15 Pending -- -- --
12/18/2014 12/18/14 For Sale $1,195,000 -- $388 / 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
2025 $7,358 $144,310 $18,560 $125,750
2024 $7,168 $137,980 $21,140 $116,840
2023 $7,168 $137,980 $21,140 $116,840
2022 $4,354 $72,730 $18,070 $54,660
2021 $4,415 $74,830 $18,590 $56,240
2020 $3,991 $67,950 $20,590 $47,360
2019 $3,969 $67,950 $20,590 $47,360
2018 $3,985 $66,680 $16,720 $49,960
2017 $3,944 $66,680 $16,720 $49,960
2016 $3,392 $57,110 $17,550 $39,560
2015 -- $57,110 $17,550 $39,560
2014 $2,475 $45,220 $8,260 $36,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 922200

Vail Multi-List Service

APN: R022417

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