NOT LISTED FOR SALE

240 Elk Spring Trail Edwards, CO 81632

Estimated Value: $3,804,066 - $4,426,000

5 Beds
4.5 Baths
4,976 Sq Ft
$829/Sq Ft Est. Value

Last Sold October 10, 2014

Last sale price $1,875,000 $377 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $24,723/month

42 Days on Market

Highlights

  • On Golf Course
  • 0.87 Acre Lot
  • Vaulted Ceiling
  • Spa
  • Deck
  • Wood Flooring

About This Home

As of October 2014

This beautiful single-family home sits on a perfect homesite that boasts the most stunning panoramic views of the Cordillera Mountain Golf Course. With floor-to-ceiling windows you can enjoy the picturesque views from the comfort of the hearth room or step out onto the huge wraparound deck. The expansive great room flows seamlessly to the dining room and gourmet kitchen; all of which welcome you to feel right at home.; 1/2 Car Additional

Last Listed By

Matt Iverson

Slifer Smith & Frampton - Arrowhead License #FA40021681 Listed on: 07/24/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,878

Year Built

  • Built in 1996

Lot Details

  • 0.87 Acre Lot
  • On Golf Course

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 4,976 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Spa
  • Deck

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 210714203007
  • Seller Concessions Not Offered

Community Details

Overview

  • Cordillera F7 Elk Spring Subdivision

Recreation

  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,878

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Resort Fee: 2600.0
  • Resort Fee Frequency: Annually
  • Lot Size Acres: 0.87
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 1996
  • Subdivision Name: Cordillera F7 - Elk Spring
  • Special Features: None
  • Stories: 3

Interior Features

  • Entry Location: 1
  • Fireplace Features: Gas
  • Furnished: Unfurnished
  • Interior Amenities: Fireplace - Gas, Jetted Bath, Satellite Dish, Spa/Hot Tub, Vaulted Ceiling(s), Wired for Cable
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Washer/Dryer, Wine Cooler
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Tile, Wood
  • Living Area: 4976.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Interior Features:Satellite Dish: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Gas3: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Interior Features:Wired for Cable: Yes
  • Interior Features:SpaHot Tub: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Wine Cooler: Yes

Exterior Features

  • Patio And Porch Features: Deck
  • Roof: Shake
  • Lot Features: On Golf Course
  • Construction Type: Stone, Other
  • Foundation Details: Concrete Perimeter
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Other
  • Parking:Other6: Yes
  • General Info:_pound_ of Garage Stalls: 2.0

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas, Radiant
  • Sewer: Sewer Connected
  • Laundry Features: Electric Dryer Hookup
  • 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:Natural Gas: Yes
  • Heating:Radiant: Yes

Lot Info

  • Lot Size Sq Ft: 37897.0
  • Parcel #: 210714203007
  • Land Lease: No
  • Zoning: Single-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12877.72
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2014
Closed on
Oct 10, 2014
Sold by
Whitman Katherine H
Bought by
Whitman Christopher T
Seller's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
Buyer's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
List Price
$2,245,000
Sold Price
$1,875,000
Premium/Discount to List
-$370,000
-16.48%
Total Days on Market
42
Current Estimated Value
$4,122,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,247,767
Avg. Annual Appreciation
7.69%

Purchase Details

Closed on
Oct 28, 1999
Sold by
Arnzen Paul D
Bought by
Whitman Katherine H

Purchase Details

Closed on
Nov 19, 1993

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
Whitman Christopher T $1,875,000 Land Title Guarantee Company
Whitman Katherine H $2,310,000 Land Title
-- $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arnzen Paul D $700,000
Previous Owner Arnzen Paul D $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2014 10/10/14 Sold $1,875,000 -16.5% $377 / Sq Ft
09/04/2014 09/04/14 Pending -- -- --
07/24/2014 07/24/14 For Sale $2,245,000 -- $451 / 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 $19,747 $243,220 $59,400 $183,820
2023 $19,747 $243,220 $59,400 $183,820
2022 $13,507 $130,320 $21,550 $108,770
2021 $16,333 $142,530 $22,170 $120,360
2020 $15,416 $129,190 $17,730 $111,460
2019 $15,374 $129,190 $17,730 $111,460
2018 $18,774 $147,720 $16,200 $131,520
2017 $17,871 $147,720 $16,200 $131,520
2016 $18,163 $155,860 $14,330 $141,530
2015 -- $155,860 $14,330 $141,530
2014 $13,265 $109,750 $15,760 $93,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 921238

Vail Multi-List Service

APN: R040454