NOT LISTED FOR SALE

17 Penny Ln Edwards, CO 81632

Estimated Value: $4,972,002 - $6,657,000

5 Beds
8 Baths
7,296 Sq Ft
$759/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $5,337,500 $732 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $32,813/month

Highlights

  • Spa
  • Radiant Floor
  • Cooling Available
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub
  • Ceiling Fan

About This Home

As of May 2023

Tucked into the mountainside on Penny Lane is one of Cordillera's most private residences. Offering a beautiful gated entryway with a porte-cochere, 3-car garage and heated driveway, this 5-bedroom home has been completey renovated, including a new Da Vinci roof. This stunning mountain modern residence was artfully designed and has been sold fully furnished.

Last Agent to Sell the Property

Brooke Horan-kates

Slifer Smith & Frampton - Hyatt Listed on: 05/01/2023

Last Buyer's Agent

Brooke Horan-kates

Slifer Smith & Frampton - Hyatt Listed on: 05/01/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,223

Year Built

  • Built in 2000

Lot Details

  • 1.22

HOA Fees

  • $292 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 7,296 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Washer and Dryer

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Hydromassage or Jetted Bathtub

Pool

  • Spa

Utilities

  • Cooling Available
  • Heating Available
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include common area maintenance, security, snow removal, trash
  • Cordillera F27 Settlers Wood Subdivision

Recreation

  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,223

Year Built

Built in 2000

Lot Details

0

HOA Fees

$292 per month

Parking

3

Listing Details

  • Association HOA Fee: 3500.0
  • HOA Fee Frequency: Annually
  • Entry Level: 2
  • Property Sub Type: Single Family Residence
  • Prop. Type: Sold Entry Only
  • Building Stories: 3
  • Utility Expenses Water Sewer Included In HOA: No
  • Year Built: 2000
  • Subdivision Name: Cordillera F27 - Settlers Wood
  • Garage Yn: Yes
  • Financing Information Transfer Fee: 2.0
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace Features: Gas
  • Interior Amenities: Fireplace - Gas, Jetted Bath, Spa/Hot Tub, Vaulted Ceiling(s)
  • Appliances: Dishwasher, Disposal, Microwave, Range, Range Hood, Refrigerator, Washer/Dryer, Wine Cooler
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Wood
  • Living Area: 7296.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Gas3: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Range Hood: Yes
  • Interior Features:SpaHot Tub: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Wine Cooler: Yes

Exterior Features

  • Roof: See Remarks
  • Foundation Details: Poured in Place
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Garage
  • General Info:Garage2: Yes
  • Parking:Garage3: Yes
  • General Info:_pound_ of Garage Stalls: 3.0

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Radiant Floor
  • Sewer: Sewer Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: See Remarks
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Radiant Floor: Yes

Association/Amenities

  • AssociationHOA Fee Includes:Common Area Maintenance: Yes
  • AssociationHOA Fee Includes:Snow Removal2: Yes
  • AssociationHOA Fee Includes:Security: Yes
  • Keywords Info:Association YN: Yes
  • AssociationHOA Fee Includes:Trash2: Yes

Fee Information

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

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
May 1, 2023
Sold by
Cummins Hugh S
Bought by
17 Penny Lane Llc
Seller's Agent
Brooke Horan-kates
Slifer Smith & Frampton - Hyatt
Buyer's Agent
Brooke Horan-kates
Slifer Smith & Frampton - Hyatt
List Price
$5,450,000
Sold Price
$5,337,500
Premium/Discount to List
-$112,500
-2.06%
Current Estimated Value
$5,535,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,001
Avg. Annual Appreciation
0.11%

Purchase Details

Closed on
May 19, 2006
Sold by
Big Quail Real Estate Holdings Llc
Bought by
Cummins Hugh S and Cummins Deborah T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 12, 1999
Sold by
Stag Gulch Partners
Bought by
Big Quail Real Estate Holdings Llc
Source: Public Records

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Range of Values:

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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
17 Penny Lane Llc $5,337,500 None Listed On Document
Cummins Hugh S $2,150,000 Land Title Guarantee Company
Big Quail Real Estate Holdings Llc $235,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cummins Hugh S $1,000,000
Previous Owner Cummins Hugh S $1,000,000
Previous Owner Cummins Hugh S $1,150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $5,337,500 -2.1% $732 / Sq Ft
05/01/2023 05/01/23 For Sale $5,450,000 -- $747 / 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 $20,223 $248,520 $29,710 $218,810
2023 $20,223 $248,520 $29,710 $218,810
2022 $16,127 $155,220 $6,950 $148,270
2021 $18,338 $159,690 $7,150 $152,540
2020 $17,809 $148,940 $7,200 $141,740
2019 $17,760 $148,940 $7,200 $141,740
2018 $20,618 $161,900 $7,290 $154,610
2017 $19,626 $161,900 $7,290 $154,610
2016 $20,530 $175,770 $5,010 $170,760
2015 -- $175,770 $5,010 $170,760
2014 $15,831 $130,660 $8,670 $121,990
Source: Public Records

Agents Affiliated with this Home

  • Brooke Horan-kates

    Seller's Agent in 2023

    Brooke Horan-kates

    Slifer Smith & Frampton - Hyatt

    (970) 376-5149

    39 in this area

    82 Total Sales

    Brooke Horan-kates
    Section Image
See All Agents

Map

Source: Vail Multi-List Service

MLS Number: 1007252

Vail Multi-List Service

APN: R065291

Colorado Eagle County Edwards 81632

17 Penny Ln, Edwards, CO

This home is located at 17 Penny Ln, Edwards, CO 81632 since 01 May 2023 and is currently estimated at $5,535,501, approximately $758 per square foot. This property was built in 2000. 17 Penny Ln is a home located in Eagle County with nearby schools including Berry Creek Middle School and Battle Mountain High School.

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