$450,000
SOLD AUG 16, 2024

2568 Territory Trail Edwards, CO 81632

37 Acres
$12,013 Price per Acre
1,631,758 Sq Ft Lot

Recently Sold

31% Below List Price

390 Days on Market

About This Lot

As of August 2024

Perched at the top of The Territories of Cordillera, Lot 1 offers an incredible opportunity to own 37 Acres within this highly sought after, amenity rich community. Enormous westerly views, privacy, a flat building envelope, well, Aspen grove and impeccably maintained roads provide the ideal setting and flexibility to develop your dream Colorado Homestead. The Territories offer the ability to develop a ranch style compound with a Single Family Residence up to 15,000sf, Caretaker Cottage, Barn, Indoor Riding Arena, Outdoor Working Arena, Garages and Accessory Buildings. Community amenities include a brand new, fully equipped athletic center with indoor pool, hot tubs, tennis courts and pickle ball courts, expansive hiking trails, nordic trails, The Trailhead facility with outdoor pool, spa and clubhouse, private fly fishing and the ability to join the golf club with three world class, championship golf courses. Let your imagination run wild and live the Colorado lifestyle that you've always dreamed of.

Last Agent to Sell the Property

Grant Roberts

Berkshire Hathaway- Vail Lionshead License #FA100072713 Listed on: 07/03/2024

Berkshire Hathaway- Vail Lionshead

Co-Listed By

Jared Saul

Berkshire Hathaway - Eagle Ranch License #FA100025907

Last Buyer's Agent

Matt Iverson

Slifer Smith & Frampton - Arrowhead

Property Details

Property Type

  • Land

Lot Details

  • 37.46 Acre Lot

HOA Fees

  • $283 Monthly HOA Fees

Property Views

  • Woods
  • Mountain

Utilities

  • Well
  • Septic Needed
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 210717101001
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include management, security, snow removal
  • Cordillera Territories Subdivision

Recreation

  • Snow Removal

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$283 per month

Listing Details

  • Association HOA Fee: 3400.0
  • HOA Fee Frequency: Annually
  • Lot Size Acres: 37.46
  • Property Sub Type: Acreage
  • Prop. Type: Land
  • Road Surface Type: All Year
  • Subdivision Name: Cordillera - Territories
  • Tax Parcel Letter: Yes
  • Special Features: None

Exterior Features

  • View: Mountain(s), Trees/Woods

Utilities

  • Sewer: Septic Needed
  • Water Source: Well
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Snow Removal, Trash

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 3400.0
  • Association Fee Frequency: Annually

Association/Amenities

  • AssociationHOA Fee Includes:Management: Yes
  • AssociationHOA Fee Includes:Snow Removal2: Yes
  • Documents:Association Documents: Yes
  • AssociationHOA Fee Includes:Security: Yes
  • Keywords Info:Association YN: Yes

Fee Information

  • Association Fee Includes: Management, Security, Snow Removal

Lot Info

  • Lot Size Sq Ft: 1631757.0
  • Parcel #: 210717101001
  • Land Lease: No
  • Zoning: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11717.24
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Aug 16, 2024
Sold by
Castellini Management Company Limited Pa
Bought by
Thorson Tracey and Thorson David
Seller's Agent
Grant Roberts
Berkshire Hathaway- Vail Lionshead
Buyer's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
List Price
$649,000
Sold Price
$450,000
Premium/Discount to List
-$199,000
-30.66%
Views
1
Current Estimated Value
$464,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,223
Avg. Annual Appreciation
3.05%

Purchase Details

Closed on
Dec 31, 1998
Sold by
Castellini Robert H
Bought by
Castellini Management Co Ltd Partnership

Purchase Details

Closed on
Dec 4, 1997
Sold by
Kensington Partners
Bought by
Castellini Robert H
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Special Warranty Deed $450,000 Land Title Guarantee
Warranty Deed -- --
Warranty Deed $825,000 Land Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $450,000 -21.7% --
07/25/2024 07/25/24 Pending -- -- --
12/15/2023 12/15/23 Price Changed $575,000 -11.4% --
07/01/2023 07/01/23 For Sale $649,000 -- --
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 $11,717 $145,080 $145,080 --
2023 $11,717 $145,080 $145,080 $0
2022 $10,468 $101,500 $101,500 $0
2021 $13,476 $101,500 $101,500 $0
2020 $11,726 $81,200 $81,200 $0
2019 $11,699 $81,200 $81,200 $0
2018 $12,277 $83,520 $83,520 $0
2017 $11,565 $83,520 $83,520 $0
2016 $13,076 $95,700 $95,700 $0
2015 -- $95,700 $95,700 $0
2014 $6,065 $40,600 $40,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 1007692

Vail Multi-List Service

APN: R045908