NOT LISTED FOR SALE

1425 Red Draw Edwards, CO 81632

Estimated Value: $4,307,000 - $4,807,000

6 Beds
5.5 Baths
5,919 Sq Ft
$765/Sq Ft Est. Value

Last Sold September 28, 2012

Last sale price $1,150,000 $194 Per Sq Ft

Est. 294% increase in value since last sale

Current estimated payment $25,242/month

20 Days on Market

Highlights

  • Fitness Center
  • 1.37 Acre Lot
  • Deck
  • Lake View
  • Clubhouse
  • Vaulted Ceiling

About This Home

As of September 2012

DAZZLING contemporary mountain home overlooking a pretty little pond! With a separate caretaker unit, and a finished lower-level living area that has a separate entrance, this home features many options for creative living. It has 5 decks, 3 gas fireplaces, and a 5-car garage. Eight minutes from the gate. Possible Short Sale. Call listing agent for details.; Over 3 Car Garage

Last Agent to Sell the Property

Ken Rue

Keller Williams Mtn Properties Listed on: 05/16/2012

Last Buyer's Agent

Ken Rue

Keller Williams Mtn Properties Listed on: 05/16/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,051

Year Built

  • Built in 2007

Lot Details

  • 1.37 Acre Lot

HOA Fees

  • $258 Monthly HOA Fees

Parking

  • 3 Car Garage

Property Views

  • Lake
  • Woods
  • Views to the South
  • Mountain
  • Meadow
  • Valley

Home Design

  • Frame Construction
  • Tile Roof
  • Metal Roof
  • Steel Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,919 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Range
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Deck
  • Patio

Utilities

  • No Cooling
  • Radiant Heating System
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 210711203001

Community Details

Overview

  • Association fees include common area maintenance, security, snow removal
  • Cordillera F11 Red Draw Meadows Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,051

Year Built

Built in 2007

Lot Details

0

HOA Fees

$258 per month

Parking

3

Listing Details

  • Association HOA Fee: 3100.0
  • HOA Fee Frequency: Annually
  • Unit Levels: Multi/Split
  • Lot Size Acres: 1.37
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 2007
  • Road Surface Type: All Year
  • Subdivision Name: Cordillera F11 - Red Draw Meadows
  • Tax Parcel Letter: Yes
  • Percent Basement Finished: Yes
  • Special Features: 4108
  • Stories: 3

Interior Features

  • Has Basement: Finished
  • Entry Location: 1
  • Fireplace Features: Gas
  • Furnished: Unfurnished
  • Interior Amenities: Fireplace - Gas, Jetted Bath, Multi-Level, Patio, Satellite Dish, Vaulted Ceiling(s), Wired for Cable
  • Appliances: Dishwasher, Disposal, Range, Refrigerator, Trash Compactor, Washer, Washer/Dryer, See Remarks
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Stone, Tile, Wood
  • Living Area: 5919.0
  • 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:Satellite Dish: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Gas3: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WasherDryer: Yes
  • Interior Features:Wired for Cable: Yes
  • Appliances Included:See Remarks8: Yes
  • Interior Features:Patio: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Trash Compactor: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: Metal, Tile
  • View: Lake, Meadow, Mountain(s), South Facing, Trees/Woods, Valley
  • Construction Type: Other
  • Foundation Details: Concrete Perimeter
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes
  • Construction:Steel Siding: 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: Radiant
  • Sewer: Sewer Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: No
  • 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
  • Amenities: Clubhouse, Fitness Center, Other
  • Association Fee: 3100.0
  • Association Fee Frequency: Annually

Association/Amenities

  • HOAComm Amenities:Fitness Center: Yes
  • AssociationHOA Fee Includes:Common Area Maintenance: Yes
  • AssociationHOA Fee Includes:Snow Removal2: Yes
  • Documents:Association Documents: Yes
  • HOAComm Amenities:Clubhouse: Yes
  • HOAComm Amenities:Other7: Yes
  • AssociationHOA Fee Includes:Security: Yes
  • Keywords Info:Association YN: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Security, Snow Removal

Lot Info

  • Lot Size Sq Ft: 59677.0
  • Parcel #: 210711203001
  • Land Lease: No
  • Zoning: Singfam
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16050.84
  • Tax Block: -
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2012
Closed on
Sep 28, 2012
Sold by
Doting Gordon E and Doting Linda L
Bought by
Thomas Marshall R and Buxton Yvette M
Seller's Agent
Ken Rue
Keller Williams Mtn Properties
Buyer's Agent
Ken Rue
Keller Williams Mtn Properties
List Price
$2,850,000
Sold Price
$1,150,000
Premium/Discount to List
-$1,700,000
-59.65%
Current Estimated Value
$4,528,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,378,271
Avg. Annual Appreciation
10.85%
Original Mortgage
$862,500
Outstanding Balance
$601,457
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$3,926,814

Purchase Details

Closed on
Aug 23, 2007
Sold by
Kelowna Development Llc
Bought by
Doting Gordon E and Doting Linda L

Purchase Details

Closed on
May 30, 2007
Sold by
Doting Gordon E and Doting Linda L
Bought by
Kelowna Development Llc

Purchase Details

Closed on
Apr 9, 2007
Sold by
Kelowna Development Llc
Bought by
Doting Gordon E and Doting Linda L

Purchase Details

Closed on
Aug 31, 2005
Sold by
Krizek Curtis A and Krizek Jennifer S
Bought by
Kelowna Development Llc

Purchase Details

Closed on
Sep 4, 1996
Sold by
Stag Gulch Partners
Bought by
Krizek Curtis A and Krizek Jennifer S
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
Thomas Marshall R $1,150,000 Heritage Title
Doting Gordon E -- None Available
Doting Gordon E -- None Available
Kelowna Development Llc -- Fahtco
Kelowna Development Llc -- Fahtco
Doting Gordon E -- Title Company Of Rockies Inc
Kelowna Development Llc $140,000 Fahtco
Krizek Curtis A $149,500 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Marshall R $862,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2012 09/28/12 Sold $1,150,000 -59.6% $194 / Sq Ft
06/05/2012 06/05/12 Pending -- -- --
05/16/2012 05/16/12 For Sale $2,850,000 -- $482 / 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 $18,477 $227,580 $23,740 $203,840
2023 $18,477 $227,580 $23,740 $203,840
2022 $15,350 $148,110 $10,770 $137,340
2021 $17,460 $152,370 $11,080 $141,290
2020 $16,948 $142,030 $11,080 $130,950
2019 $16,902 $142,030 $11,080 $130,950
2018 $19,482 $153,290 $6,480 $146,810
2017 $18,544 $153,290 $6,480 $146,810
2016 $19,360 $166,130 $5,730 $160,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 137727

Vail Multi-List Service

APN: R041930