NOT LISTED FOR SALE

161 Palomino Rd Edwards, CO 81632

Estimated Value: $2,243,000 - $2,985,159

5 Beds
5 Baths
3,773 Sq Ft
$693/Sq Ft Est. Value

Last Sold November 15, 2012

Last sale price $602,500 $160 Per Sq Ft

Est. 334% increase in value since last sale

Current estimated payment $14,310/month

113 Days on Market

Highlights

  • Fitness Center
  • Mountain View
  • Deck
  • 0.92 Acre Lot
  • Clubhouse
  • Vaulted Ceiling

About This Home

As of November 2012

Phenomenal location within Singletree! This single family home offers awesome views while having privacy backing to BLM land. Features include a Grand entrance,large deck, fireplace, vaulted ceilings and spacious floor plan. The sunlight pours in from the massive windows looking to Arrowhead Mountain.

Last Agent to Sell the Property

Laurie Slaughter

Berkshire Hathaway - Gypsum License #FA40007326 Listed on: 07/31/2012

Berkshire Hathaway - Gypsum

Co-Listed By

Scooter Slaughter

Berkshire Hathaway - Gypsum License #FA100025589

Last Buyer's Agent

DeDe Dickinson

Sonnenalp Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,438

Year Built

  • Built in 1994

Lot Details

  • 0.92

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Frame Construction
  • Shake Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,773 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Mountain Views
  • Washer Hookup

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • Deck
  • 0.92 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 194334301010

Community Details

Overview

  • Association fees include management
  • Berry Creek Ranch Filing #4 Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,438

Year Built

Built in 1994

Lot Details

0

HOA Fees

$8 per month

Parking

3

Listing Details

  • Association HOA Fee: 100.0
  • HOA Fee Frequency: Annually
  • Unit Levels: Multi/Split
  • Lot Size Acres: 0.92
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 3
  • Average Monthly Electric Expenses: 125.0
  • Average Monthly Gas Expenses: 225.0
  • Monthly Sewer Expense: 35.0
  • Monthly Water Expense: 65.0
  • Year Built: 1994
  • Subdivision Name: Berry Creek Ranch Filing #4
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Entry Location: 1
  • Fireplace Features: Wood Burning
  • Furnished: Unfurnished
  • Interior Amenities: Fireplace - Wood, Multi-Level, Vaulted Ceiling(s)
  • Appliances: Cooktop, Dishwasher, Microwave, Refrigerator, Wall Oven
  • Full Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 3773.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Multi-Level: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances Included:Microwave: Yes
  • Interior Features:Fireplace - Wood: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes

Exterior Features

  • Patio And Porch Features: Deck
  • Roof: Shake
  • View: Mountain(s), See Remarks
  • Lot Features: See Remarks
  • Construction Type: Stucco
  • Foundation Details: Concrete Perimeter
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: 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: Ceiling Fan(s)
  • Heating: Baseboard, Natural Gas
  • Sewer: Sewer Connected
  • Water Source: Public
  • Laundry Features: Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Baseboard: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Clubhouse, Fitness Center
  • Amenities: Clubhouse
  • Association Fee: 100.0
  • Association Fee Frequency: Annually

Association/Amenities

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

Fee Information

  • Association Fee Includes: Management

Lot Info

  • Lot Size Sq Ft: 40031.0
  • Parcel #: 194334301010
  • Land Lease: No
  • Zoning: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6438.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2012
Closed on
Jan 3, 2013
Sold by
Citibank Na
Bought by
The 161 Palomino Trust
Seller's Agent
Laurie Slaughter
Berkshire Hathaway - Gypsum
Buyer's Agent
DeDe Dickinson
Sonnenalp Real Estate
List Price
$730,000
Sold Price
$602,500
Premium/Discount to List
-$127,500
-17.47%
Current Estimated Value
$2,613,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,010,540
Avg. Annual Appreciation
11.78%
Original Mortgage
$480,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 31, 2012
Closed on
Nov 12, 2012
Sold by
Citibank N A
Bought by
The 161 Palomino Trust
Seller's Agent
Laurie Slaughter
Berkshire Hathaway - Gypsum
Buyer's Agent
DeDe Dickinson
Sonnenalp Real Estate
List Price
$730,000
Sold Price
$602,500
Premium/Discount to List
-$127,500
-17.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 12, 2012
Sold by
Citibank Na
Bought by
Citibank Na

Purchase Details

Closed on
Apr 14, 2011
Sold by
Barnes Richard B and Barnes Krissi
Bought by
Citibank Na

Purchase Details

Closed on
Jun 2, 2006
Sold by
Hardenbergh Gordon Slaughter and Hardenbergh Patricia Harrigan
Bought by
Barnes Richard B and Barnes Krissi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2001
Sold by
Millsap James M and Millsap Virginia M
Bought by
Hardenbergh Gordon Slaughter and Hardenbergh Patricia Harrigan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.87%

Purchase Details

Closed on
Dec 5, 1995

Purchase Details

Closed on
May 2, 1988
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The 161 Palomino Trust $602,500 North American Title
The 161 Palomino Trust $602,500 North American Title
Citibank Na $1,064,250 None Available
Citibank Na -- None Available
Barnes Richard B $1,425,000 None Available
Hardenbergh Gordon Slaughter $935,000 Land Title
-- $470,000 --
-- $1,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The 161 Palomino Trust $480,000
Previous Owner Barnes Richard B $1,000,000
Previous Owner Hardenbergh Gordon Slaughter $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2012 11/15/12 Sold $602,500 -17.5% $160 / Sq Ft
08/21/2012 08/21/12 Pending -- -- --
04/30/2012 04/30/12 For Sale $730,000 -- $193 / 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 $8,800 $157,380 $53,290 $104,090
2023 $8,800 $157,380 $53,290 $104,090
2022 $6,396 $94,310 $37,080 $57,230
2021 $6,481 $97,020 $38,150 $58,870
2020 $6,707 $100,330 $34,210 $66,120
2019 $6,675 $100,330 $34,210 $66,120
2018 $6,470 $94,470 $27,360 $67,110
2017 $6,415 $94,470 $27,360 $67,110
2016 $7,007 $102,820 $28,260 $74,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 914710

Vail Multi-List Service

APN: R019452