$7,157,161
SOLD SEP 5, 2024

118 Castle Peak Gate Edwards, CO 81632

5 Beds
5.5 Baths
6,783 Sq Ft
0.56 Acres

Recently Sold

$1,055 Per Sq Ft

1% Below List Price

0 Day on Market

Highlights

  • Spa
  • Hydromassage or Jetted Bathtub
  • Cooling System Mounted In Outer Wall Opening
  • Vaulted Ceiling
  • Loft
  • Patio

About This Home

As of November 2024

As you enter the great room through the front door your eyes are immediately drawn to a wall of northwest facing windows that capture panoramic long distance big mountain views and a long summer of breathtaking sunsets. The room itself is designed for intimate gatherings and large scale entertaining. This home has been completely remodeled by Katy Allen inside and out with every convenience your mountain buyers could imagine. An exceptional home.

Last Agent to Sell the Property

Matt Iverson

Slifer Smith & Frampton - Arrowhead Listed on: 09/05/2024

Last Buyer's Agent

Matt Iverson

Slifer Smith & Frampton - Arrowhead Listed on: 09/05/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,646

Year Built

  • Built in 1997

Lot Details

  • 0.56 Acre Lot

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 6,783 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Loft
  • Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Spa
  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiant Heating System
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Arrowhead At Vail 19 Subdivision

Recreation

  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,646

Year Built

Built in 1997

Lot Details

0

HOA Fees

$600 per month

Parking

3

Listing Details

  • Association HOA Fee: 1800.0
  • HOA Fee Frequency: Quarterly
  • Lot Size Acres: 0.56
  • Property Sub Type: Single Family Residence
  • Prop. Type: Sold Entry Only
  • Building Stories: 2
  • Year Built: 1997
  • Subdivision Name: Arrowhead At Vail 19
  • Garage Yn: Yes
  • Room Type: Loft
  • Financing Information Transfer Fee: 1.5
  • Special Features: None
  • Stories: 2

Interior Features

  • Fireplace Features: Gas
  • Interior Amenities: Fireplace - Gas, Jetted Bath, Multi-Level, Patio, Spa/Hot Tub, Vaulted Ceiling(s)
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Washer/Dryer, Wine Cooler, See Remarks
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 6783.0
  • 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:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:See Remarks8: Yes
  • Interior Features:Patio: Yes
  • Interior Features:SpaHot Tub: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Wine Cooler: Yes

Exterior Features

  • Foundation Details: Poured in Place
  • Construction:Frame: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • General Info:Garage2: Yes
  • General Info:_pound_ of Garage Stalls: 3.0

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Radiant
  • Sewer: Sewer Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: See Remarks
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Radiant: Yes

Association/Amenities

  • AssociationHOA Fee Includes:See Remarks15: Yes
  • Keywords Info:Association YN: Yes

Fee Information

  • Association Fee Includes: See Remarks

Lot Info

  • Lot Size Sq Ft: 24394.0
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Nov 1, 2024
Sold by
Mark J Detrempe Declaration Of Trust and Detrempe Mark J
Bought by
Cabo Life Capital Llc
Seller's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
Buyer's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
List Price
$7,695,000
Sold Price
$7,695,000
Views
1
Current Estimated Value
$8,245,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$550,692
Avg. Annual Appreciation
3.24%
Original Mortgage
$3,100,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2024
Closed on
Sep 3, 2024
Sold by
Mtf Trust
Bought by
Mark J Detrempe Declaration Of Trust and Detrempe
Seller's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
Buyer's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
List Price
$7,250,000
Sold Price
$7,157,162
Premium/Discount to List
-$92,838
-1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,100,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 6, 2021
Closed on
Oct 21, 2021
Sold by
Walton Gregory R and Walton Sandra G
Bought by
Mtf Trust
Seller's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
Buyer's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
List Price
$5,250,000
Sold Price
$5,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%

Purchase Details

Listed on
Aug 21, 2018
Closed on
Sep 24, 2019
Sold by
You Have No Idea Llc
Bought by
Walton Gregory R and Walton Sandra G
Seller's Agent
Kathy Iverson
Slifer Smith & Frampton - Arrowhead
Buyer's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
List Price
$4,995,000
Sold Price
$4,650,000
Premium/Discount to List
-$345,000
-6.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%

Purchase Details

Listed on
Sep 16, 2011
Closed on
Jun 14, 2012
Sold by
Self Virginia Nelson
Bought by
The John Robert Jaran Trust
Seller's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
Buyer's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
List Price
$2,695,000
Sold Price
$2,200,000
Premium/Discount to List
-$495,000
-18.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%

Purchase Details

Closed on
Feb 23, 1998
Sold by
Resort Concepts Llc
Bought by
Self Virginia Nelson

Purchase Details

Closed on
Aug 23, 1996
Sold by
Mcdonough John W
Bought by
Monson Investments Llc

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
8.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 1995

Purchase Details

Closed on
Jul 9, 1993
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $7,695,000 Land Title
Warranty Deed $7,157,161 Land Title Guarantee
Warranty Deed $5,250,000 Land Title Guarantee
Warranty Deed $4,650,000 Land Title Guarantee Co
Warranty Deed $4,650,000 Land Title Guarantee Co
Warranty Deed $2,200,000 Land Title Guarantee Company
Warranty Deed $1,635,000 --
Quit Claim Deed -- --
Warranty Deed $290,880 Land Title
Deed $330,000 --
Deed $240,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,120,000 New Conventional
Previous Owner $3,100,000 New Conventional
Previous Owner $2,000,000 Future Advance Clause Open End Mortgage
Previous Owner $300,000 Future Advance Clause Open End Mortgage
Previous Owner $921,960 Credit Line Revolving
Previous Owner $200,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 Sold $7,695,000 0.0% $1,134 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
09/19/2024 09/19/24 For Sale $7,695,000 +7.5% $1,134 / Sq Ft
09/05/2024 09/05/24 Sold $7,157,162 -1.3% $1,055 / Sq Ft
09/05/2024 09/05/24 For Sale $7,250,000 +38.1% $1,069 / Sq Ft
10/27/2021 10/27/21 Sold $5,250,000 0.0% $948 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $5,250,000 +12.9% $948 / Sq Ft
09/24/2019 09/24/19 Sold $4,650,000 -6.9% $840 / Sq Ft
08/05/2019 08/05/19 Pending -- -- --
08/21/2018 08/21/18 For Sale $4,995,000 +19.4% $902 / Sq Ft
09/19/2015 09/19/15 Sold $4,185,000 -12.7% $756 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
06/05/2014 06/05/14 For Sale $4,795,000 +118.0% $866 / Sq Ft
06/14/2012 06/14/12 Sold $2,200,000 -18.4% $417 / Sq Ft
04/23/2012 04/23/12 Pending -- -- --
09/16/2011 09/16/11 For Sale $2,695,000 -- $510 / 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 $23,646 $431,720 $155,290 $276,430
2023 $23,646 $431,720 $155,290 $276,430
2022 $19,693 $285,300 $68,810 $216,490
2021 $20,006 $293,510 $70,790 $222,720
2020 $17,790 $252,740 $86,520 $166,220
2019 $17,708 $252,740 $86,520 $166,220
2018 $18,942 $259,750 $59,400 $200,350
2017 $18,782 $259,750 $59,400 $200,350
2016 $16,880 $232,660 $65,670 $166,990
2015 -- $232,660 $65,670 $166,990
2014 $13,250 $199,600 $65,670 $133,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 1010282

Vail Multi-List Service

APN: R018344