NOT LISTED FOR SALE

121 Spring Place Edwards, CO 81632

Estimated Value: $4,082,000 - $5,618,138

5 Beds
4.5 Baths
4,505 Sq Ft
$1,108/Sq Ft Est. Value

Last Sold May 07, 2014

Last sale price $1,700,000 $377 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $27,740/month

165 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • Wood Flooring
  • 4.96 Acre Lot
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub

About This Home

As of May 2014

Recently price reduced for a quick sale! Private, beautiful custom home with high-end finishes in the heart of Lake Creek. Sweeping mountain views from nearly every room. Includes a main floor master, separate lower level family room with a walk-out, multiple outdoor living spaces, and a separate mother-in law suite. Just under 5 acres. Zoned for horses and only minutes from skiing!; Over 3 Car Garage

Last Agent to Sell the Property

Valerie Valene

Berkshire Hathaway - Eagle Ranch Listed on: 10/11/2013

Last Buyer's Agent

Gary Pesso

Sonnenalp Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,768

Year Built

  • Built in 2006

Lot Details

  • 4.96

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 3 Car Garage

Property Views

  • Woods
  • Mountain
  • Meadow
  • Valley

Home Design

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

Interior Spaces

  • 4,505 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Washer Hookup
  • Finished Basement

Kitchen

  • Range
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Deck
  • Patio

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Septic Tank
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Additional Features

  • 4.96 Acre Lot
  • Zoned For Horses

Listing and Financial Details

  • Legal Lot and Block 1 / 3
  • Assessor Parcel Number 210507301001
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include management
  • Lake Creek Meadows Subdivision

Recreation

  • Trails
  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,768

Year Built

Built in 2006

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Association HOA Fee: 300.0
  • HOA Fee Frequency: Annually
  • Unit Levels: Multi/Split
  • Lot Size Acres: 4.96
  • Property Access Months Accessible: 12
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 3
  • Average Monthly Electric Expenses: 105.0
  • Average Monthly Gas Expenses: 206.0
  • Monthly Water Expense: 92.4
  • Year Built: 2006
  • Road Surface Type: All Year
  • Subdivision Name: Lake Creek Meadows
  • Percent Basement Finished: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Has Basement: Finished
  • Entry Location: 2
  • Fireplace Features: Gas, Wood Burning
  • Furnished: Unfurnished
  • Interior Amenities: Fireplace - Gas, Fireplace - Wood, Jetted Bath, Multi-Level, Patio, Vaulted Ceiling(s)
  • Appliances: Dishwasher, Disposal, Range, Refrigerator, Trash Compactor
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Tile, Wood
  • Living Area: 4505.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Interior Features:Multi-Level: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Gas3: Yes
  • Appliances Included:Disposal: Yes
  • Interior Features:Fireplace - Wood: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Patio: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Trash Compactor: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: Asphalt
  • View: Meadow, Mountain(s), Trees/Woods, Valley, See Remarks
  • Lot Features: See Remarks
  • 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: Septic Tank
  • Laundry Features: Washer Hookup
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Satellite, Snow Removal, Trash, Water Available, See Remarks
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Trail(s), Zoned for Horses, See Remarks
  • Amenities: See Remarks
  • Association Fee: 300.0
  • Association Fee Frequency: Annually

Association/Amenities

  • AssociationHOA Fee Includes:Management: Yes
  • HOAComm Amenities:See Remarks17: Yes
  • Keywords Info:Association YN: Yes

Fee Information

  • Association Fee Includes: Management

Lot Info

  • Lot Size Sq Ft: 216058.0
  • Parcel #: 210507301001
  • Land Lease: No
  • Zoning: residential rural
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8767.52
  • Tax Block: 3
  • Tax Lot: 1
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2017
Sold by
Weller Michael T and Kathryn Weller D
Bought by
Weller Michael T and Kathryn Weller D
Current Estimated Value
$4,990,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 11, 2013
Closed on
May 2, 2014
Sold by
First Citizens Bank & Trust Company
Bought by
Weller Michael T and Kathryn Weller D
Seller's Agent
Valerie Valene
Berkshire Hathaway - Eagle Ranch
Buyer's Agent
Gary Pesso
Sonnenalp Real Estate
List Price
$1,995,000
Sold Price
$1,700,000
Premium/Discount to List
-$295,000
-14.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%
Original Mortgage
$675,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 8, 2013
Sold by
Spring Place Llc
Bought by
First Citizens Bank & Trust Company

Purchase Details

Closed on
Mar 22, 2010
Sold by
Gray Coleen G
Bought by
Spring Place Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,366,000
Interest Rate
4.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 16, 1998
Sold by
Kennedy Mark F
Bought by
Gray Harry C and Gray Colleen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,427
Interest Rate
6.94%
Mortgage Type
Unknown
Source: Public Records

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
Weller Michael T -- None Available
Weller Michael T $1,700,000 Chicago Title Co
First Citizens Bank & Trust Company -- None Available
Spring Place Llc -- Land Title Guarantee Company
Gray Harry C $435,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weller Michael T $999,999
Closed Weller Michael T $675,000
Previous Owner Spring Place Llc $2,366,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2014 05/07/14 Sold $1,700,000 -14.8% $377 / Sq Ft
03/23/2014 03/23/14 Pending -- -- --
10/09/2013 10/09/13 For Sale $1,995,000 -- $443 / 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 $16,327 $286,100 $46,300 $239,800
2023 $16,327 $286,100 $46,300 $239,800
2022 $10,378 $152,910 $34,060 $118,850
2021 $10,541 $157,310 $35,040 $122,270
2020 $11,208 $167,960 $35,040 $132,920
2019 $11,826 $178,090 $35,040 $143,050
2018 $11,173 $165,000 $35,280 $129,720
2017 $11,072 $165,000 $35,280 $129,720
2016 $13,015 $197,630 $36,220 $161,410
2015 -- $197,630 $36,220 $161,410
2014 $8,889 $142,150 $25,870 $116,280
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2014

    Valerie Valene

    Berkshire Hathaway - Eagle Ranch

  • G

    Buyer's Agent in 2014

    Gary Pesso

    Sonnenalp Real Estate

See All Agents

Map

Source: Vail Multi-List Service

MLS Number: 918672

Vail Multi-List Service

APN: R015288

Colorado Eagle County Edwards 81632

121 Spring Place, Edwards, CO

This home is located at 121 Spring Place, Edwards, CO 81632 since 11 October 2013 and is currently estimated at $4,990,285, approximately $1,107 per square foot. This property was built in 2006. 121 Spring Place is a home located in Eagle County with nearby schools including Berry Creek Middle School and Battle Mountain High School.

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