NOT LISTED FOR SALE

118 Brook Place Edwards, CO 81632

Estimated Value: $6,165,000 - $8,219,000

6 Beds
5.5 Baths
7,007 Sq Ft
$1,019/Sq Ft Est. Value

Sale Details

Date Sold: April 11, 2013

Last sale price $2,900,000 $414 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $40,004 / mo

375 Days on Market

Highlights

  • Indoor Spa
  • 5.06 Acre Lot
  • Vaulted Ceiling
  • River View
  • Deck
  • Wood Flooring

About This Home

As of April 2013

Privately Gated And On The Banks Of Lake Creek Is This Fabulous Home On 5-acres With Finnigan's Peak Views. This Home Has Been Upgraded And Expanded Creating A Mountain Retreat Extraordinaire!spacious Master Suite Comes With His And Her Offices, A SecondMaster Suite On The Main Level Along With Country Breakfasting Gourmet Kitchen, Dining Room, And A Great Room With Views To Finnigan's Peak.; Over 3 Car Garage

Last Agent to Sell the Property

Matt Iverson

Slifer Smith & Frampton - Arrowhead License #FA40021681 Listed on: 02/19/2013

Co-Listed By

Kathy Iverson

Slifer Smith & Frampton - Arrowhead License #EA1040785

Last Buyer's Agent

Kathy Iverson

Slifer Smith & Frampton - Arrowhead License #EA1040785

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,261

Year Built

  • Built in 1978

Lot Details

  • 5.06 Acre Lot

Parking

  • 3 Car Garage

Property Views

  • River
  • Views to the South
  • Creek or Stream
  • Mountain
  • Meadow

Home Design

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

Interior Spaces

  • 7,007 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Indoor Spa
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Built-In Oven
  • Range
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic Tank
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 3 / 2
  • Assessor Parcel Number 210518102008

Community Details

Overview

  • Lake Creek Meadows Subdivision

Recreation

  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,261

Year Built

Built in 1978

Lot Details

5.06 Acres

Parking

3

Listing Details

  • Resort Fee: 300.0
  • Resort Fee Frequency: Annually
  • Unit Levels: Multi/Split
  • Lot Size Acres: 5.06
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 1978
  • Subdivision Name: Lake Creek Meadows
  • Tax Parcel Letter: Yes
  • Percent Basement Finished: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Has Basement: Finished
  • Entry Location: 1
  • Fireplace Features: Gas
  • Furnished: Unfurnished
  • Interior Amenities: Fireplace - Gas, Jetted Bath, Multi-Level, Patio, Satellite Dish, Spa/Hot Tub, Vaulted Ceiling(s), Wired for Cable
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Wall Oven, Warming Drawer, Washer, Washer/Dryer, Wine Cooler
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Brick, Carpet, Tile, Wood
  • Living Area: 7007.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Interior Features:Multi-Level: Yes
  • Interior Features:Satellite Dish: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Gas3: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Interior Features:Wired for Cable: Yes
  • Appliances Included:Wall Oven: Yes
  • Interior Features:Patio: Yes
  • Interior Features:SpaHot Tub: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Warming Drawer: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Wine Cooler: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: Shake
  • View: Creek/Stream, Meadow, Mountain(s), River, South Facing
  • Construction Type: Stucco
  • 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, See Remarks
  • Parking:Other6: Yes
  • Parking:See Remarks14: Yes
  • General Info:_pound_ of Garage Stalls: 3.0

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air, Natural Gas
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Phone Available, Satellite, Snow Removal, Trash
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes
  • Heating:Forced Air: Yes

Association/Amenities

  • Documents:Association Documents: Yes
  • AssociationHOA Fee Includes:See Remarks15: Yes

Fee Information

  • Association Fee Includes: See Remarks

Lot Info

  • Lot Size Sq Ft: 220414.0
  • Parcel #: 210518102008
  • Land Lease: No
  • Zoning: Singfam
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14261.48
  • Tax Block: 2
  • Tax Lot: 3
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2013
Closed on
Apr 11, 2013
Sold by
Allen Barbara A
Bought by
Tabb Bruce
Seller's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
Buyer's Agent
Kathy Iverson
Slifer Smith & Frampton - Arrowhead
List Price
$3,995,000
Sold Price
$2,900,000
Premium/Discount to List
-$1,095,000
-27.41%
Current Estimated Value
$7,140,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,240,995
Avg. Annual Appreciation
7.16%
Original Mortgage
$2,030,000
Outstanding Balance
$1,413,545
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,727,450

Purchase Details

Closed on
Dec 19, 2001
Sold by
Allen James C and Allen Barbara A
Bought by
Allen Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.41%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 15, 1999
Sold by
Allen James C
Bought by
Hernreich Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,180
Interest Rate
7.71%
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
Tabb Bruce $2,900,000 Land Title Guarantee Company
Allen Barbara A -- Stewart Title
Hernreich Rebecca $800,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tabb Bruce $2,030,000
Previous Owner Allen Barbara A $1,500,000
Previous Owner Hernreich Rebecca $500,180
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2013 04/11/13 Sold $2,900,000 -27.4% $414 / Sq Ft
02/26/2013 02/26/13 Pending -- -- --
02/17/2012 02/17/12 For Sale $3,995,000 -- $570 / 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 $28,862 $416,760 $129,030 $287,730
2024 $26,789 $469,410 $132,960 $336,450
2023 $26,789 $469,410 $132,960 $336,450
2022 $16,355 $240,980 $79,060 $161,920
2021 $16,612 $247,910 $81,330 $166,580
2020 $15,176 $227,410 $81,330 $146,080
2019 $15,101 $227,410 $81,330 $146,080
2018 $15,237 $225,010 $81,900 $143,110
2017 $15,098 $225,010 $81,900 $143,110
2016 $16,705 $253,670 $84,080 $169,590
2015 -- $253,670 $84,080 $169,590
2014 $9,271 $148,250 $47,760 $100,490
Source: Public Records

Agents Affiliated with this Home

  • Matt Iverson

    Seller's Agent in 2013

    Matt Iverson

    Slifer Smith & Frampton - Arrowhead

    (970) 390-9198

    155 in this area

    191 Total Sales

    Matt Iverson
    Section Image
  • Kathy Iverson

    Seller Co-Listing Agent in 2013

    Kathy Iverson

    Slifer Smith & Frampton - Arrowhead

    (970) 390-8366

    1 Total Sale

    Kathy Iverson
    Section Image
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Map

Source: Vail Multi-List Service

MLS Number: 914213

Vail Multi-List Service

APN: R014386

Colorado Eagle County Edwards 81632

118 Brook Place, Edwards, CO

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