NOT LISTED FOR SALE

348 Cresta Rd Edwards, CO 81632

Estimated Value: $4,190,000 - $5,080,000

4 Beds
4.5 Baths
3,000 Sq Ft
$1,552/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $2,921,500 $974 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $26,379/month

1,370 Days on Market

Highlights

  • Views of Ski Resort
  • Fitness Center
  • Deck
  • On Golf Course
  • Indoor Spa
  • Vaulted Ceiling

About This Home

As of November 2020

A Wonderful Ski-in & out home At The base of Arrowhead Mountain. Recently remodeled/designer decorated, totally turn key. Located in the prestigious Ski/Golf community Of Arrowhead in the Vail Valley. Be a part of the village To village ski experience of Beaver Creek Mountain with this convenient, comfortable and elegant home. Also included is a sleeping loft and an office area with an expanded deck and private hot tub with the slopes out your door. The perfect ski house!

Last Agent to Sell the Property

Heidi Bintz

LIV Sotheby's Int Realty Beaver Creek Village Brokerage Phone: 970.390.8383 License #FA40040502 Listed on: 01/15/2020

LIV Sotheby's Int Realty Beaver Creek Village

Last Buyer's Agent

Led Gardner

Slifer Smith & Frampton- 230 Bridge Street License #EA40013807

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,031

Year Built

  • Built in 2000

Lot Details

  • 2,614 Sq Ft Lot
  • On Golf Course

HOA Fees

  • $807 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Ski Resort
  • Mountain

Home Design

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

Interior Spaces

  • 3,000 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Indoor Spa
  • Washer and Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 210510303006
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include common area maintenance, electricity, management, snow removal, taxes
  • Cresta Filing 13 Subdivision

Amenities

  • Shuttle

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails
  • Snow Removal

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,031

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
  • Unit Levels: Multi/Split
  • Lot Size Acres: 0.06
  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 2000
  • Road Surface Type: All Year
  • Subdivision Name: Cresta - Filing 13
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Attribution Contact: 970.390.8383
  • Financing Information Transfer Fee: 1.5
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Entry Location: 2
  • Fireplace Features: Gas
  • Furnished: Furnished
  • Interior Amenities: Fireplace - Gas, Jetted Bath, Multi-Level, Spa/Hot Tub, Vaulted Ceiling(s), Wired for Cable
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Washer/Dryer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Wood
  • Living Area: 3000.0
  • Appliances Included:Dishwasher: 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:Wired for Cable: Yes
  • Interior Features:SpaHot Tub: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck
  • Roof: Shake
  • View: Mountain(s), Ski Slopes
  • Lot Features: On Golf Course
  • Construction Type: Stone, Stucco
  • 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
  • General Info:Garage2: Yes
  • Parking:Other6: Yes
  • General Info:_pound_ of Garage Stalls: 1.0

Utilities

  • Cooling: None
  • Heating: Natural Gas, Radiant
  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Satellite, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Fitness Center, Golf, Pool, Shuttle Service, Tennis Court(s), Trail(s)
  • Amenities: Pool, Spa/Hot Tub, Other
  • Association Fee: 2420.49
  • Association Fee Frequency: Quarterly
  • Pets Allowed: Yes

Association/Amenities

  • HOAComm Amenities:Pool2: Yes
  • HOAComm Amenities:SpaHot Tub2: Yes
  • AssociationHOA Fee Includes:Common Area Maintenance: Yes
  • AssociationHOA Fee Includes:Management: Yes
  • AssociationHOA Fee Includes:Snow Removal2: Yes
  • AssociationHOA Fee Includes:Electricity: Yes
  • AssociationHOA Fee Includes:Taxes3: Yes
  • HOAComm Amenities:Other7: Yes
  • Keywords Info:Association YN: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Electricity, Management, Snow Removal, Taxes

Lot Info

  • Lot Size Sq Ft: 2614.0
  • Parcel #: 210510303006
  • Land Lease: No
  • Zoning: Duplex
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12031.0
  • Tax Block: 0
  • Tax Lot: 6
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2020
Closed on
Nov 17, 2020
Sold by
Clay Chad
Bought by
Echo 560 Llc
Seller's Agent
Heidi Bintz
LIV Sotheby's Int Realty Beaver Creek Village
Buyer's Agent
Led Gardner
Slifer Smith & Frampton- 230 Bridge Street
List Price
$3,250,000
Sold Price
$2,921,500
Premium/Discount to List
-$328,500
-10.11%
Current Estimated Value
$4,657,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,735,797
Avg. Annual Appreciation
9.50%

Purchase Details

Closed on
Oct 13, 2010
Sold by
Cordillera Holdings Llc
Bought by
Clay Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2005
Sold by
Swm Investments Trust
Bought by
Cordillera Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2004
Sold by
Manner Susanne M
Bought by
Swm Investments Trust

Purchase Details

Closed on
Dec 18, 2000
Sold by
Cresta Run Llc
Bought by
Manner Susanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.62%
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
Echo 560 Llc $2,921,500 Title Company Of The Rockies
Clay Chad $2,000,000 Heritage Title
Cordillera Holdings Llc $2,000,000 Fahtco
Swm Investments Trust -- --
Manner Susanne M $1,834,687 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clay Chad $1,300,000
Previous Owner Cordillera Holdings Llc $1,600,000
Previous Owner Manner Susanne M $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2020 11/17/20 Sold $2,921,500 -10.1% $974 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
01/04/2017 01/04/17 For Sale $3,250,000 -- $1,083 / 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 $14,919 $272,390 $64,450 $207,940
2023 $14,919 $272,390 $64,450 $207,940
2022 $10,274 $148,850 $52,130 $96,720
2021 $10,438 $153,140 $53,630 $99,510
2020 $11,613 $164,980 $53,630 $111,350
2019 $11,559 $164,980 $53,630 $111,350
2018 $10,308 $141,350 $39,600 $101,750
2017 $10,221 $141,350 $39,600 $101,750
2016 $12,535 $172,770 $43,780 $128,990
2015 -- $172,770 $43,780 $128,990
2014 $9,206 $138,680 $35,820 $102,860
Source: Public Records

Agents Affiliated with this Home

  • Heidi Bintz

    Seller's Agent in 2020

    Heidi Bintz

    LIV Sotheby's Int Realty Beaver Creek Village

    (970) 845-0400

    2 in this area

    14 Total Sales

    Heidi Bintz
    Section Image
  • Led Gardner

    Buyer's Agent in 2020

    Led Gardner

    Slifer Smith & Frampton- 230 Bridge Street

    (970) 376-0223

    6 in this area

    51 Total Sales

    Led Gardner
    Section Image
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Map

Source: Vail Multi-List Service

MLS Number: 928351

Vail Multi-List Service

APN: R051566

Colorado Eagle County Edwards 81632

348 Cresta Rd, Edwards, CO

Not Listed for Sale

MultiFamily

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