NOT LISTED FOR SALE

260 Elk Spring Trail Edwards, CO 81632

Estimated Value: $4,738,000 - $5,715,000

6 Beds
5.5 Baths
5,834 Sq Ft
$912/Sq Ft Est. Value

Last Sold October 27, 2016

Last sale price $2,500,000 $429 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $29,564/month

42 Days on Market

Highlights

  • On Golf Course
  • Lake View
  • Clubhouse
  • Indoor Spa
  • 0.9 Acre Lot
  • Deck

About This Home

As of October 2016

Soaring ceilings give way to stunning views of the 9th and 10th fairways of the Cordillera Mountain Golf Course and fishing ponds. A premier location, high quality finishes and gracious outdoor living spaces come together to compliment this exquisite home.

Last Agent to Sell the Property

Matt Iverson

Slifer Smith & Frampton - Arrowhead License #FA40021681 Listed on: 07/21/2016

Co-Listed By

Kathy Iverson

Slifer Smith & Frampton - Arrowhead License #EA1040785

Last Buyer's Agent

Larry Agneberg

Berkshire Hathaway- Vail Lionshead License #EA000328021

Berkshire Hathaway- Vail Lionshead

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,942

Year Built

  • Built in 1998

Lot Details

  • 0.9 Acre Lot
  • On Golf Course

Parking

  • 3 Car Garage

Property Views

  • Lake
  • Golf Course
  • Woods
  • Mountain

Home Design

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

Interior Spaces

  • 5,834 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Indoor Spa
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • No Cooling
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 210714203005
  • Seller Concessions Not Offered

Community Details

Overview

  • Property has a Home Owners Association
  • Cordillera F7 Elk Spring Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Trails
  • Snow Removal

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,942

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Resort Fee: 2800.0
  • Resort Fee Frequency: Annually
  • Unit Levels: Multi/Split
  • Lot Size Acres: 0.9
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 1998
  • Subdivision Name: Cordillera F7 - Elk Spring
  • Financing Information Transfer Fee: 2.0
  • Percent Basement Finished: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Has Basement: Finished
  • Entry Location: 2
  • Fireplace Features: Gas
  • Furnished: Unfurnished
  • Interior Amenities: Fireplace - Gas, Multi-Level, Patio, Spa/Hot Tub, Vaulted Ceiling(s)
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Washer/Dryer, Wine Cooler
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Wood
  • Living Area: 5834.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Interior Features:Multi-Level: 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:Patio: Yes
  • Interior Features:SpaHot Tub: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Wine Cooler: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: Shake
  • View: Golf Course, Lake, Mountain(s), Trees/Woods
  • Lot Features: On Golf Course
  • Construction Type: Stone, Other
  • Foundation Details: Concrete Perimeter
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Patio2: 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: None
  • Heating: Radiant
  • Sewer: Sewer Connected
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Clubhouse, Golf, On Site Management, Pool, Tennis Court(s), Trail(s)
  • Amenities: Pool, Tennis Court(s)

Association/Amenities

  • HOAComm Amenities:Pool2: Yes
  • HOAComm Amenities:Tennis Court(s): Yes

Lot Info

  • Lot Size Sq Ft: 39204.0
  • Parcel #: 210714203005
  • Land Lease: No
  • Zoning: Singlefam
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 18941.76
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2016
Closed on
Oct 26, 2016
Sold by
Ross Resources Limited Partnership
Bought by
Sachs Jeffrey D and Sachs Catherine
Seller's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
Buyer's Agent
Larry Agneberg
Berkshire Hathaway- Vail Lionshead
List Price
$2,695,000
Sold Price
$2,500,000
Premium/Discount to List
-$195,000
-7.24%
Current Estimated Value
$5,321,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,821,874
Avg. Annual Appreciation
8.51%
Original Mortgage
$2,500,000
Outstanding Balance
$2,012,115
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$3,309,759

Purchase Details

Closed on
May 30, 2012
Sold by
Ross R Dale and Ross Deborah H
Bought by
Ross Resources Limited Partnership

Purchase Details

Closed on
Aug 27, 1997
Sold by
Repip Inc
Bought by
Ross R Dale and Ross Deborah H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
7.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1993
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sachs Jeffrey D $2,500,000 Land Title Guarantee Company
Ross Resources Limited Partnership -- None Available
Ross R Dale $475,000 Land Title
-- $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sachs Jeffrey D $2,500,000
Previous Owner Ross R Dale $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2016 10/27/16 Sold $2,500,000 -7.2% $429 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $2,695,000 -- $462 / 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 $23,132 $284,910 $59,530 $225,380
2023 $23,132 $284,910 $59,530 $225,380
2022 $15,958 $153,970 $21,550 $132,420
2021 $18,151 $158,400 $22,170 $136,230
2020 $17,175 $143,930 $17,730 $126,200
2019 $17,128 $143,930 $17,730 $126,200
2018 $21,092 $165,960 $16,200 $149,760
2017 $20,077 $165,960 $16,200 $149,760
2016 $20,397 $175,030 $14,330 $160,700
Source: Public Records

Agents Affiliated with this Home

  • Matt Iverson

    Seller's Agent in 2016

    Matt Iverson

    Slifer Smith & Frampton - Arrowhead

    (970) 390-9198

    159 in this area

    192 Total Sales

    Matt Iverson
    Section Image
  • Kathy Iverson

    Seller Co-Listing Agent in 2016

    Kathy Iverson

    Slifer Smith & Frampton - Arrowhead

    (970) 390-8366

    1 Total Sale

    Kathy Iverson
    Section Image
  • Larry Agneberg

    Buyer's Agent in 2016

    Larry Agneberg

    Berkshire Hathaway- Vail Lionshead

    (970) 376-7100

    7 in this area

    56 Total Sales

    Larry Agneberg
    Section Image
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Map

Source: Vail Multi-List Service

MLS Number: 927296

Vail Multi-List Service

APN: R040455

Colorado Eagle County Edwards 81632

260 Elk Spring Trail, Edwards, CO

Not Listed for Sale

Detached

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