NOT LISTED FOR SALE

1302 the Summit Trail Edwards, CO 81632

Estimated Value: $4,678,000 - $5,050,000

5 Beds
4.5 Baths
5,811 Sq Ft
$834/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $2,400,000 $413 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $27,549/month

28 Days on Market

Highlights

  • Fitness Center
  • Golf Course View
  • Vaulted Ceiling
  • Spa
  • Deck
  • Wood Flooring

About This Home

As of September 2020

1302 The Summit Trail captures the essence of Colorado mountain vista living with sweeping panorama views of the Sawatch Range over holes 9, 10 and 11 of the Summit golf course. A thoughtfully designed open floor plan featuring two-story windows and soaring ceilings, main level master, two separate offices and approximately 1,300 square feet of decks and patios allows for easy living and entertaining. Additional features include outdoor covered fireplace, fire pit, hot tub, impressive 100 linear-foot water feature with four waterfalls and extensive landscaping that is 100% irrigated. Situated on a spacious 2.5 acre site with the golf course on two sides, this location offers a sense of privacy rarely found in the Cordillera community. An exceptional property not to be missed!

Last Agent to Sell the Property

Rick Pirog

Slifer Smith & Frampton - 281 Bridge Street License #00135901 Listed on: 07/01/2020

Co-Listed By

John R. Tyler

Slifer Smith & Frampton - 281 Bridge Street License #FA40042459

Last Buyer's Agent

Robert Schilling

Gateway Real Estate Vail

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,209

Year Built

  • Built in 2004

Lot Details

  • 2.53 Acre Lot

Parking

  • 3 Car Garage
  • Heated Garage

Property Views

  • Golf Course
  • Mountain

Home Design

  • Entry on the 1st floor
  • Wood Foundation
  • Frame Construction
  • Shake Roof
  • Stone

Interior Spaces

  • 5,811 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Washer and Dryer

Kitchen

  • Range with Range Hood
  • Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • Cooling Available
  • Radiant Heating System
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 210716302013
  • Seller Concessions Not Offered

Community Details

Overview

  • Property has a Home Owners Association
  • Cordillera Sub Fil 36 Subdivision

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Trails
  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,209

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Resort Fee: 3100.0
  • Resort Fee Frequency: Annually
  • Entry Level: 1
  • Lot Size Acres: 2.53
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 2004
  • Road Surface Type: All Year
  • Subdivision Name: Cordillera Sub Fil 36
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Entry Location: 1
  • Furnished: Unfurnished
  • Interior Amenities: Fireplace - Gas, Multi-Level, Patio, Spa/Hot Tub, Vaulted Ceiling(s)
  • Appliances: Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Washer/Dryer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Tile, Wood
  • Living Area: 5811.0
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Interior Features:Multi-Level: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Range Hood: Yes
  • Interior Features:Patio: Yes
  • Interior Features:SpaHot Tub: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: Shake
  • View: Golf Course, Mountain(s)
  • Construction Type: Stone, Other
  • Foundation Details: Wood
  • 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: Heated Garage
  • General Info:Garage2: Yes
  • Parking:Heated Garage: Yes
  • General Info:_pound_ of Garage Stalls: 3.0

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Radiant
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Satellite, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Fitness Center, Pool, Tennis Court(s), Trail(s)
  • Pets Allowed: Yes

Association/Amenities

  • Documents:Association Documents: Yes
  • Keywords Info:Association YN: Yes

Lot Info

  • Lot Size Sq Ft: 110207.0
  • Parcel #: 210716302013
  • Land Lease: No
  • Zoning: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 24209.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Sep 8, 2020
Sold by
Bettis Kelly R and Bettis Theresa M
Bought by
Grant Charles Thomas and Grant Theresa L
Seller's Agent
Rick Pirog
Slifer Smith & Frampton - 281 Bridge Street
Buyer's Agent
Robert Schilling
Gateway Real Estate Vail
List Price
$2,595,000
Sold Price
$2,400,000
Premium/Discount to List
-$195,000
-7.51%
Current Estimated Value
$4,845,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,445,464
Avg. Annual Appreciation
14.83%
Original Mortgage
$1,920,000
Outstanding Balance
$1,700,713
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$3,144,751

Purchase Details

Listed on
Jun 28, 2012
Closed on
Sep 25, 2012
Sold by
Nelson Linda K and Nelson Kirk N
Bought by
Bettis Kelly R and Bettis Theresa M
Seller's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
Buyer's Agent
Rick Pirog
Slifer Smith & Frampton/Solaris
List Price
$2,395,000
Sold Price
$2,000,000
Premium/Discount to List
-$395,000
-16.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%

Purchase Details

Closed on
Sep 24, 2009
Sold by
Nelson Linda K and Nelson Kirk N
Bought by
Nelson Linda K and Nelson Kirk N
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 Buyer Sale Price Title Company
Grant Charles Thomas $2,400,000 Land Title Guarantee Co
Bettis Kelly R $2,000,000 Land Title Guarantee Company
Nelson Linda K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grant Charles Thomas $1,920,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2020 09/11/20 Sold $2,400,000 -7.5% $413 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $2,595,000 +29.8% $447 / Sq Ft
09/25/2012 09/25/12 Sold $2,000,000 -16.5% $344 / Sq Ft View Prior Sale
08/31/2012 08/31/12 Pending -- -- --
06/27/2012 06/27/12 For Sale $2,395,000 -- $412 / 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 $21,091 $261,140 $26,430 $234,710
2023 $21,091 $261,140 $26,430 $234,710
2022 $17,202 $166,800 $13,900 $152,900
2021 $22,783 $171,600 $14,300 $157,300
2020 $24,265 $168,030 $18,590 $149,440
2019 $24,210 $168,030 $18,590 $149,440
2018 $24,342 $165,600 $18,320 $147,280
2017 $22,930 $165,600 $18,320 $147,280
2016 $23,818 $174,320 $17,190 $157,130
2015 -- $174,320 $17,190 $157,130
2014 $20,685 $138,460 $15,760 $122,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 1000353

Vail Multi-List Service

APN: R050898