NOT LISTED FOR SALE

121 Spring Place Edwards, CO 81632

Estimated Value: $4,899,000 - $5,696,239

5 Beds
4.5 Baths
4,505 Sq Ft
$1,173/Sq Ft Est. Value

Last Sold May 07, 2014

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

Est. 211% increase in value since last sale

Current estimated payment $29,011/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
$5,283,060

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
Outstanding Balance
$811,237
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,471,823

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
10.20%
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
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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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 List to Sale Price per Sq Ft
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

Not Listed for Sale

Detached

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