NOT LISTED FOR SALE

1842 Lake Creek Rd Edwards, CO 81632

Estimated Value: $1,354,888 - $3,410,000

3 Beds
1 Bath
1,316 Sq Ft
$1,810/Sq Ft Est. Value

Last Sold May 22, 2023

Last sale price $1,100,000 $836 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $13,121/month

270 Days on Market

Highlights

  • 0.93 Acre Lot
  • Deck
  • No HOA
  • Mountain View
  • Wood Flooring
  • Cooling Available

About This Home

As of May 2023

Great re-development opportunity in the heart of Lake Creek with valley views towards New York Mountain and the Sawatch Mountain Range! This rare lot is selling for the first time in 72 years, providing a flat and easily buildable space with endless possibilities! Not included in any HOA - just bring your imagination! This three bedroom, one bathroom home can be remodeled, added on to, or start fresh from the foundation and keep the cozy wood burning fireplace. Create your dream home only two miles from Edwards!

Lake Creek Valley is a true mountain escape with no commercial businesses yet is located only minutes to everything in the Vail Valley. Properties range from single family homes to larger ranches with the clear waters of Lake Creek running down the middle of the valley. Lush views of aspen and pine trees, the river, and the surrounding expansive mountain tops offer true Colorado living all year round. Lake Creek is a must see one-of-a-kind neighborhood in the Vail Valley!

Last Agent to Sell the Property

Heidi Bintz

LIV Sotheby's Int Realty Beaver Creek Village Brokerage Phone: 970.390.8383 License #FA40040502 Listed on: 12/19/2022

LIV Sotheby's Int Realty Beaver Creek Village

Last Buyer's Agent

Sarah Parrish

Keller Williams Mtn Properties- Edwards

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,929

Year Built

  • Built in 1973

Lot Details

  • 0.93 Acre Lot
  • Partially Fenced Property
  • Native Plants

Parking

  • 1 Car Garage
  • Surface Parking

Property Views

  • Mountain
  • Meadow
  • Valley

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 1,316 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Washer and Dryer
  • Unfinished Basement

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Outbuilding

Horse Facilities and Amenities

  • Zoned For Horses

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Well
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 210518100002
  • Seller Concessions Not Offered

Community Details

Overview

  • No Home Owners Association

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,929

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Entry Level: 1
  • Unit Levels: One
  • Lot Size Acres: 0.93
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Utility Expenses Water Sewer Included In HOA: No
  • Year Built: 1973
  • Road Surface Type: All Year
  • Subdivision Name: Other
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Attribution Contact: 970.390.8383
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Unfinished
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Furnished: Unfurnished
  • Interior Amenities: Fireplace - Wood, Satellite Dish
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Wall Oven, Washer, Washer/Dryer
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Living Area: 1316.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Satellite Dish: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WasherDryer: Yes
  • Interior Features:Fireplace - Wood: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Basement:Unfinished: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • View: Meadow, Mountain(s), Valley
  • Fencing: Partial
  • Lot Features: Native Plants
  • Construction Type: Stucco, Vinyl Siding
  • Foundation Details: Poured in Place, Sump Pump
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Aboveground
  • Total Parking Spaces: 6.0
  • General Info:Garage2: Yes
  • Parking:Aboveground: Yes
  • General Info:_pound_ of Garage Stalls: 1.0

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard, Natural Gas
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Trash, Water Available
  • Heating:Baseboard: Yes
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Trail(s), Zoned for Horses
  • Pets Allowed: Yes

Association/Amenities

  • Keywords Info:Association YN: No

Lot Info

  • Current Use: None
  • Lot Size Sq Ft: 40510.0
  • Parcel #: 210518100002
  • Land Lease: No
  • Zoning: 1-R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2929.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2022
Closed on
Jul 12, 2023
Sold by
Buniger Beryl Ann
Bought by
Redden Brent and Redden Katherine
Seller's Agent
Heidi Bintz
LIV Sotheby's Int Realty Beaver Creek Village
Buyer's Agent
Sarah Parrish
Keller Williams Mtn Properties- Edwards
List Price
$1,350,000
Sold Price
$1,100,000
Premium/Discount to List
-$250,000
-18.52%
Views
80
Current Estimated Value
$2,322,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,222,750
Avg. Annual Appreciation
44.16%
Original Mortgage
$880,000
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 19, 2022
Closed on
May 22, 2023
Sold by
Buniger Beryl Ann
Bought by
Redden Brent and Redden Katherine
Seller's Agent
Heidi Bintz
LIV Sotheby's Int Realty Beaver Creek Village
Buyer's Agent
Sarah Parrish
Keller Williams Mtn Properties- Edwards
List Price
$1,350,000
Sold Price
$1,100,000
Premium/Discount to List
-$250,000
-18.52%
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
6.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Redden Brent -- Land Title
Redden Brent $1,100,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redden Brent $1,168,750
Closed Redden Katherine $1,254,178
Previous Owner Redden Brent $880,000
Previous Owner Buniger Beryl Ann $50,000
Previous Owner Buniger Thomas Charles $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2023 05/22/23 Sold $1,100,000 -18.5% $836 / Sq Ft
02/18/2023 02/18/23 Pending -- -- --
12/19/2022 12/19/22 For Sale $1,350,000 0.0% $1,026 / Sq Ft
12/03/2022 12/03/22 Pending -- -- --
08/12/2022 08/12/22 Price Changed $1,350,000 -12.9% $1,026 / Sq Ft
08/01/2022 08/01/22 For Sale $1,550,000 0.0% $1,178 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/06/2022 07/06/22 Price Changed $1,550,000 -11.4% $1,178 / Sq Ft
05/26/2022 05/26/22 For Sale $1,750,000 0.0% $1,330 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $1,750,000 -- $1,330 / 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 $3,512 $70,020 $31,830 $38,190
2023 $3,512 $70,020 $31,830 $38,190
2022 $2,929 $57,970 $17,030 $40,940
2021 $2,968 $59,640 $17,520 $42,120
2020 $2,454 $50,750 $17,520 $33,230
2019 $2,439 $50,750 $17,520 $33,230
2018 $2,416 $49,390 $17,640 $31,750
2017 $2,390 $49,390 $17,640 $31,750
2016 $2,403 $50,220 $18,110 $32,110
2015 -- $50,220 $18,110 $32,110
2014 $1,488 $36,540 $10,950 $25,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 1005334

Vail Multi-List Service

APN: R014180