NOT LISTED FOR SALE

340 Cordillera Way Edwards, CO 81632

Estimated Value: $2,898,000 - $3,458,000

4 Beds
5 Baths
4,169 Sq Ft
$744/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $1,675,000 $402 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $17,894/month

About This Home

As of March 2021

This beautiful Builder's custom home is the opportunity that you have been waiting for. With just a short drive from Edwards to the lower Divide, you have the benefit of all that Cordillera offers without a lengthy commute. This home currently provides a one level floor plan with two en-suite bedrooms, powder room, and large open living areas. You will love entertaining in the spacious well-appointed kitchen with a butcher block island, granite counters, hickory wide-plank floors, and plaster walls to name a few of the many features. The over-sized mud room with built in cubbies plus an additional closet provides generous space for all of your outdoor attire. Large heated 2 car garage has plenty of room for tools and toys. The unfinished lower level is the opportunity for you to customize the home to fit your needs. Plans are in place for an additional two bedrooms and two baths, large entertainment area, plus another 1+ car garage. The price includes lower level finishes. Sitting on a 2.5 acre lot with incredible views, this home gives you the privacy and tranquility that you long for in the mountains.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2021
Closed on
Mar 17, 2021
Sold by
Kedrowski Robert A and Kedrowski Barbara J
Bought by
Kern Jerome F and The Jerome F Kern Revocable Tr
Seller's Agent
Julie Retzlaff
Slifer Smith & Frampton- 230 Bridge Street
Buyer's Agent
Non Member
Non Member Office
List Price
$1,775,000
Sold Price
$1,675,000
Premium/Discount to List
-$100,000
-5.63%
Current Estimated Value
$3,100,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,425,584
Avg. Annual Appreciation
15.10%

Purchase Details

Listed on
Nov 20, 2012
Closed on
Apr 29, 2013
Sold by
Wells Fargo Bank Na
Bought by
Kedrowski Robert A and Kedrowski Barbara J
Seller's Agent
Joy Ortiz
Berkshire Hathaway - Gypsum
Buyer's Agent
Jared Kedrowski
Rossi Realty
List Price
$79,900
Sold Price
$45,000
Premium/Discount to List
-$34,900
-43.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.43%

Purchase Details

Closed on
Aug 3, 2012
Sold by
Walter Keith and Walter Donna
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 26, 2007
Sold by
Walter Keith and Walter Donna
Bought by
Walter Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,050
Interest Rate
6.41%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 3, 2006
Sold by
Sheehy Investments One Lp
Bought by
Walter Keith and Walter Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
8.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 15, 1994
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 Buyer Sale Price Title Company
Kern Jerome F $1,675,000 Land Title Guarantee
Kedrowski Robert A $45,000 None Available
Wells Fargo Bank Na -- None Available
Walter Donna -- None Available
Walter Keith $250,000 None Available
-- $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kedrowski Barbara J $750,000
Previous Owner Kedrowski Robert A $750,000
Previous Owner Walter Keith $106,050
Previous Owner Walter Keith $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $1,675,000 -5.6% $402 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/13/2021 02/13/21 For Sale $1,775,000 +3844.4% $426 / Sq Ft
05/10/2013 05/10/13 Sold $45,000 -43.7% $11 / Sq Ft
03/22/2013 03/22/13 Pending -- -- --
11/20/2012 11/20/12 For Sale $79,900 -- $19 / Sq Ft

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 $15,242 $189,160 $11,500 $177,660
2023 $15,242 $189,160 $11,500 $177,660
2022 $8,906 $86,570 $5,450 $81,120
2021 $10,139 $89,070 $5,610 $83,460
2020 $8,231 $69,420 $4,500 $64,920
2019 $8,208 $69,420 $4,500 $64,920
2018 $8,126 $64,350 $3,760 $60,590
2017 $9,281 $77,240 $3,760 $73,480
2016 $5,361 $46,340 $4,370 $41,970
2015 -- $15,920 $15,920 $0
2014 $3,721 $31,030 $31,030 $0
Source: Public Records

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