NOT LISTED FOR SALE

340 Cresta Rd Edwards, CO 81632

Estimated Value: $4,452,000 - $5,261,000

5 Beds
5.5 Baths
2,813 Sq Ft
$1,722/Sq Ft Est. Value

Last Sold March 19, 2018

Last sale price $2,500,000 $889 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $27,413/month

1 Day on Market

Highlights

  • Views of Ski Resort
  • Wood Flooring
  • Forced Air Heating System
  • Deck
  • Furnished

About This Home

As of March 2018

Located at the Arrowbahn high speed express chair.

Last Agent to Sell the Property

Matt Iverson

Slifer Smith & Frampton - Arrowhead License #FA40021681 Listed on: 07/25/2017

Co-Listed By

Kathy Iverson

Slifer Smith & Frampton - Arrowhead License #EA1040785

Last Buyer's Agent

Matt Iverson

Slifer Smith & Frampton - Arrowhead License #FA40021681 Listed on: 07/25/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,308

Year Built

  • Built in 2000

Lot Details

  • 2,614

HOA Fees

  • $807 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

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

Interior Spaces

  • 2,813 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Wood Flooring
  • Views of Ski Resort

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Forced Air Heating System

Additional Features

  • Deck
  • 2,614 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 210510303003
  • Seller Concessions Not Offered

Community Details

Overview

  • Cresta Subdivision

Recreation

  • Snow Removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,308

Year Built

Built in 2000

Lot Details

0

HOA Fees

$807 per month

Parking

1

Listing Details

  • Association HOA Fee: 2420.49
  • HOA Fee Frequency: Quarterly
  • Resort Fee: 1200.0
  • Resort Fee Frequency: Annually
  • Lot Size Acres: 0.06
  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 2000
  • Subdivision Name: Cresta
  • Financing Information Transfer Fee: 1.5
  • Special Features: None
  • Stories: 2

Interior Features

  • Entry Location: 2
  • Furnished: Furnished
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Wood
  • Living Area: 2813.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck
  • Roof: Shake
  • View: Ski Slopes
  • Construction Type: Stone, Other
  • Foundation Details: Concrete Perimeter
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Other
  • Parking:Other6: Yes
  • General Info:_pound_ of Garage Stalls: 1.0

Utilities

  • Cooling: None
  • Heating: Forced Air
  • Sewer: Sewer Connected
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 2420.49
  • Association Fee Frequency: Quarterly

Association/Amenities

  • Keywords Info:Association YN: Yes

Lot Info

  • Lot Size Sq Ft: 2614.0
  • Parcel #: 210510303003
  • Land Lease: No
  • Zoning: duplex
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12308.43
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2017
Closed on
Mar 19, 2018
Sold by
Cresta Tle Llc
Bought by
Hollingsworth Chad R and Hollingsworth Marisa A
Seller's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
Buyer's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
List Price
$2,350,000
Sold Price
$2,500,000
Premium/Discount to List
$150,000
6.38%
Current Estimated Value
$4,843,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,343,195
Avg. Annual Appreciation
8.85%
Original Mortgage
$1,625,000
Outstanding Balance
$1,387,178
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$3,456,017

Purchase Details

Closed on
Aug 3, 2012
Sold by
Engleby Robert T
Bought by
283 W Beaver Creek Blvd Llc

Purchase Details

Closed on
Jul 5, 2012
Sold by
Engleby Sheryl T
Bought by
Engleby Robert E

Purchase Details

Closed on
Jun 14, 2012
Sold by
Engleby Thomas
Bought by
340 Crestatle Llc

Purchase Details

Closed on
Mar 31, 2005
Sold by
Cannon Jane W
Bought by
Engleby Thomas and Engleby Robert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2002
Sold by
Cannon Clifton L and Cannon Jane W
Bought by
Cannon Jane W

Purchase Details

Closed on
Mar 13, 2001
Sold by
Cresta Run Llc
Bought by
Cannon Clifton L and Cannon Jane W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,453,013
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
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
Hollingsworth Chad R $2,500,000 Land Title Guarantee
283 W Beaver Creek Blvd Llc -- None Available
Engleby Robert E -- None Available
340 Crestatle Llc -- None Available
Engleby Thomas $1,850,000 --
Cannon Jane W -- --
Cannon Clifton L $1,614,525 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hollingsworth Chad R $1,625,000
Previous Owner Engleby Thomas $1,250,000
Previous Owner Cannon Clifton L $1,453,013
Closed Engleby Thomas $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2018 03/19/18 Sold $2,500,000 +6.4% $889 / Sq Ft
07/26/2017 07/26/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $2,350,000 -- $835 / 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 $15,674 $286,170 $64,490 $221,680
2023 $15,674 $286,170 $64,490 $221,680
2022 $10,715 $155,230 $52,130 $103,100
2021 $10,885 $159,700 $53,630 $106,070
2020 $12,130 $172,330 $53,630 $118,700
2019 $12,074 $172,330 $53,630 $118,700
2018 $10,040 $137,680 $39,600 $98,080
2017 $9,956 $137,680 $39,600 $98,080
2016 $12,308 $169,650 $43,780 $125,870
2015 -- $169,650 $43,780 $125,870
2014 $7,662 $115,420 $35,820 $79,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 930170

Vail Multi-List Service

APN: R051563