NOT LISTED FOR SALE

283 Elk Spring Trail Edwards, CO 81632

Estimated Value: $4,521,000 - $5,036,000

5 Beds
5.5 Baths
5,901 Sq Ft
$792/Sq Ft Est. Value

Last Sold November 07, 2014

Last sale price $1,866,650 $316 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $28,020/month

491 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • View of Trees or Woods
  • Equestrian Center
  • Fishing
  • 1.19 Acre Lot

About This Home

As of November 2014

This stunning residence is located on a gorgeous wooded home site in the prestigious Elk Spring neighborhood in the Ranch at Cordillera. Beautiful handcrafted finishes in wood and stone compliment an open great room plan with wonderful outdoor living areas. A short drive from the entry gate, Timber Hearth Grille and Trailhead Recreation Center making this one of the most convenient locations in all of Cordillera. Pre- approved for a separate guest or caretaker residence.

Last Listed By

Robert Barker

Slifer Smith & Frampton - Cordillera License #EA01048355 Listed on: 06/03/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,157

Year Built

  • Built in 1998

Lot Details

  • 1.19

HOA Fees

  • $217 Monthly HOA Fees

Parking

  • 3 Car Garage

Property Views

  • Woods
  • Mountain
  • Valley

Home Design

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

Interior Spaces

  • 5,901 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Phone Available
  • Cable TV Available

Additional Features

  • 1.19 Acre Lot
  • Equestrian Center

Listing and Financial Details

  • Assessor Parcel Number 210715104001
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include electricity
  • Cordillera F7 Elk Spring Subdivision

Amenities

  • Clubhouse
  • Community Center

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing
  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,157

Year Built

Built in 1998

Lot Details

0

HOA Fees

$217 per month

Parking

3

Listing Details

  • Association HOA Fee: 2600.0
  • HOA Fee Frequency: Annually
  • Unit Levels: Multi/Split
  • Lot Size Acres: 1.19
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 1998
  • Subdivision Name: Cordillera F7 - Elk Spring
  • Tax Parcel Letter: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Entry Location: 2
  • Fireplace Features: Gas
  • Furnished: Unfurnished
  • Interior Amenities: Fireplace - Gas, Multi-Level, Patio, Vaulted Ceiling(s)
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Washer/Dryer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Tile, Wood
  • Living Area: 5901.0
  • 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
  • Neighborhood Features:Community Center: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: Shake
  • View: Mountain(s), Trees/Woods, Valley
  • 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: Natural Gas, Radiant
  • Sewer: Sewer Connected
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Clubhouse, Community Center, Equestrian Center, Fishing, Golf, Tennis Court(s)
  • Amenities: Clubhouse, Fitness Center, Pool, Tennis Court(s), Other
  • Association Fee: 2600.0
  • Association Fee Frequency: Annually

Association/Amenities

  • HOAComm Amenities:Fitness Center: Yes
  • HOAComm Amenities:Pool2: Yes
  • Documents:Association Documents: Yes
  • AssociationHOA Fee Includes:Electricity: Yes
  • HOAComm Amenities:Clubhouse: Yes
  • HOAComm Amenities:Tennis Court(s): Yes
  • AssociationHOA Fee Includes:See Remarks15: Yes
  • HOAComm Amenities:Other7: Yes
  • Keywords Info:Association YN: Yes

Fee Information

  • Association Fee Includes: Electricity, See Remarks

Lot Info

  • Lot Size Sq Ft: 51836.0
  • Parcel #: 210715104001
  • Land Lease: No
  • Zoning: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12157.28
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2013
Closed on
Nov 7, 2014
Sold by
The Robert Tutag Revocable Trust
Bought by
Boyle Terence P and Boyle Margo M
Seller's Agent
Robert Barker
Slifer Smith & Frampton - Cordillera
Buyer's Agent
Pam Horan-kates
Slifer Smith & Frampton - Hyatt
List Price
$2,350,000
Sold Price
$1,866,650
Premium/Discount to List
-$483,350
-20.57%
Total Days on Market
491
Current Estimated Value
$4,671,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,805,325
Avg. Annual Appreciation
9.09%

Purchase Details

Closed on
Oct 11, 2012
Sold by
Tutag Robert
Bought by
The Robert Tutag Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$714,800
Interest Rate
3.94%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 6, 2011
Sold by
The Robert Tutag Revocable Trust
Bought by
Tutag Robert S and Tutag Rosemary J

Purchase Details

Closed on
Dec 30, 2004
Sold by
Tutag Robert
Bought by
The Robert Tutag Revocable Trust

Purchase Details

Closed on
Feb 12, 2001
Sold by
Amsden Gregory M
Bought by
Elk Spring Development Group Llc

Purchase Details

Closed on
Feb 1, 2001
Sold by
Elk Spring Development Group Llc
Bought by
Amsden Gregory M

Purchase Details

Closed on
Aug 7, 1998
Sold by
Tyler Julia M
Bought by
Elk Spring Development Group Llc

Purchase Details

Closed on
Dec 1, 1993

Range of Values:

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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
Boyle Terence P $1,866,650 Title Company Of The Rockies
The Robert Tutag Revocable Trust -- None Available
Tutag Rosemary $110,000 Stewart Title
Tutag Robert S -- Fita
The Robert Tutag Revocable Trust -- --
The Rosemary Tutag Revocable Trust -- --
Elk Spring Development Group Llc -- Land Title
Amsden Gregory M -- Land Title
Elk Spring Development Group Llc $385,000 Land Title
-- $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tutag Rosemary $714,800
Previous Owner Tutag Robert S $729,750
Previous Owner Tutag Robert S $825,000
Previous Owner The Robert Tutag Revocable Trust $550,000
Previous Owner Tutag Robert S $1,605,000
Previous Owner Tutag Robert S $1,605,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2014 11/07/14 Sold $1,866,650 -20.6% $316 / Sq Ft
10/07/2014 10/07/14 Pending -- -- --
06/03/2013 06/03/13 For Sale $2,350,000 -- $398 / 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 $19,827 $244,210 $59,400 $184,810
2023 $19,827 $244,210 $59,400 $184,810
2022 $14,253 $137,520 $21,550 $115,970
2021 $16,211 $141,470 $22,170 $119,300
2020 $15,305 $128,260 $17,730 $110,530
2019 $15,263 $128,260 $17,730 $110,530
2018 $17,146 $134,910 $16,200 $118,710
2017 $16,321 $134,910 $16,200 $118,710
2016 $16,996 $145,850 $14,330 $131,520
2015 -- $145,850 $14,330 $131,520
2014 $12,522 $111,570 $15,760 $95,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 917552

Vail Multi-List Service

APN: R040463