NOT LISTED FOR SALE

35 Cresta Rd Edwards, CO 81632

Estimated Value: $6,905,000 - $8,467,000

6 Beds
6.5 Baths
6,086 Sq Ft
$1,287/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $7,380,000 $1,213 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $47,484/month

Highlights

  • Golf Course Community
  • Spa
  • View of Trees or Woods
  • Fitness Center
  • Fishing
  • Clubhouse

About This Home

As of July 2023

Situated in the gated ski and golf community of Arrowhead, this exquisite Trailside home borders thousands of acres of open space and enjoys blissful
silence and serenity. Expansive walls of windows bring massive views and light to the vaulted great room, dining and grand kitchen. The fabulous floorplan includes a hearth room, walk-out family room, main-level master, 2nd master, expanded deck and patio with hot tub and fire pit. Ski-in/out from the private owners' ski cabin along Wampum ski way.

Last Listed By

Dana Correia

Slifer Smith & Frampton - Hyatt License #FA40042356 Listed on: 06/30/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,073

Year Built

  • Built in 2003

Lot Details

  • 8,276 Sq Ft Lot

HOA Fees

  • $1,112 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Woods
  • Mountain

Home Design

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

Interior Spaces

  • 6,086 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Spa
  • Patio

Utilities

  • Zoned Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 210515203020

Community Details

Overview

  • Association fees include common area maintenance, electricity, security, snow removal
  • Trailside On Arrowhead Mountain Subdivision

Amenities

  • Shuttle
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing
  • Trails

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,073

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,112 per month

Parking

2

Listing Details

  • Association HOA Fee: 3335.13
  • HOA Fee Frequency: Quarterly
  • Lot Size Acres: 0.19
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 2003
  • Subdivision Name: Trailside On Arrowhead Mountain
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Financing Information Transfer Fee: 1.5
  • Special Features: None
  • Stories: 3

Interior Features

  • Entry Location: 2
  • Furnished: Partially
  • 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: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Carpet, Stone, Tile, Wood
  • Living Area: 6086.0
  • 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
  • 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

  • Roof: Shake
  • View: Mountain(s), Trees/Woods
  • Construction Type: Stone, Other
  • Foundation Details: Concrete Perimeter
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Info:Garage2: Yes
  • Parking:Garage3: Yes
  • General Info:_pound_ of Garage Stalls: 2.0

Utilities

  • Cooling: Zoned
  • Heating: Natural Gas, Radiant
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Satellite, Sewer Available, Trash, Water Available
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Fishing, Fitness Center, Golf, Pool, Shuttle Service, Tennis Court(s), Trail(s)
  • Amenities: Clubhouse, Fitness Center, On Site Management, Pool, Shuttle Service, Spa/Hot Tub, Tennis Court(s), Other
  • Association Fee: 3335.13
  • Association Fee Frequency: Quarterly

Association/Amenities

  • HOAComm Amenities:Fitness Center: Yes
  • HOAComm Amenities:On Site Management: Yes
  • HOAComm Amenities:Pool2: Yes
  • HOAComm Amenities:Shuttle Service: Yes
  • HOAComm Amenities:SpaHot Tub2: Yes
  • AssociationHOA Fee Includes:Common Area Maintenance: Yes
  • AssociationHOA Fee Includes:Snow Removal2: Yes
  • AssociationHOA Fee Includes:Electricity: Yes
  • HOAComm Amenities:Clubhouse: Yes
  • HOAComm Amenities:Tennis Court(s): Yes
  • HOAComm Amenities:Other7: Yes
  • AssociationHOA Fee Includes:Security: Yes
  • Keywords Info:Association YN: Yes

Fee Information

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

Lot Info

  • Lot Size Sq Ft: 8276.0
  • Parcel #: 210515203020
  • Land Lease: No
  • Zoning: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 24072.8
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Jul 26, 2023
Sold by
Tracy L Dammermann 2006 Revocable Trust
Bought by
Split Rail Living Trust
Seller's Agent
Dana Correia
Slifer Smith & Frampton - Hyatt
Buyer's Agent
Dana Correia
Slifer Smith & Frampton - Hyatt
List Price
$7,495,000
Sold Price
$7,380,000
Premium/Discount to List
-$115,000
-1.53%
Total Days on Market
0
Views
4
Current Estimated Value
$7,940,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$560,774
Avg. Annual Appreciation
3.40%

Purchase Details

Listed on
Nov 8, 2017
Closed on
May 21, 2019
Sold by
Kreke Henning
Bought by
Tracy L Dammermann 2006 Revocable Trust
Seller's Agent
John R. Tyler
Slifer Smith & Frampton - 281 Bridge Street
Buyer's Agent
Dana Correia
Slifer Smith & Frampton - Hyatt
List Price
$5,980,000
Sold Price
$5,000,000
Premium/Discount to List
-$980,000
-16.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%

Purchase Details

Closed on
Mar 26, 2018
Sold by
Kreke Henning and Kreke Jane A
Bought by
Kreke Henning

Purchase Details

Closed on
Feb 18, 2009
Sold by
Parthenon Trading Company
Bought by
Kreke Henning and Kreke Jane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,675,000
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2004
Sold by
Loughridge B P and Loughridge Linda H
Bought by
Pathernon Trading Co

Purchase Details

Closed on
Mar 31, 2004
Sold by
The Meridian Co Llc
Bought by
Loughridge B P and Loughridge Linda H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

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
Split Rail Living Trust $7,380,000 Land Title
Tracy L Dammermann 2006 Revocable Trust $5,000,000 Title Company Of The Rockies
Kreke Henning -- None Available
Kreke Henning $5,350,000 None Available
Pathernon Trading Co -- Land Title
Loughridge B P $2,435,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dammermann Tracy L $3,000,000
Previous Owner Kreke Henning $2,675,000
Previous Owner Parthenon Trading Co $1,750,000
Previous Owner Parthenon Trading Co $480,000
Previous Owner Loughridge B P $2,000,000
Previous Owner Loughridge B P $920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold $7,380,000 -1.5% $1,213 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $7,495,000 +49.9% $1,232 / Sq Ft
05/20/2019 05/20/19 Sold $5,000,000 -16.4% $822 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
11/07/2017 11/07/17 For Sale $5,980,000 -- $983 / 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 $25,632 $467,980 $115,670 $352,310
2023 $25,632 $467,980 $115,670 $352,310
2022 $24,073 $348,760 $97,300 $251,460
2021 $24,456 $358,800 $100,100 $258,700
2020 $19,264 $273,680 $89,380 $184,300
2019 $19,175 $273,680 $89,380 $184,300
2018 $21,737 $298,080 $86,400 $211,680
2017 $21,554 $298,080 $86,400 $211,680
2016 $25,636 $353,350 $95,520 $257,830
2015 -- $353,350 $95,520 $257,830
2014 -- $273,620 $83,580 $190,040
Source: Public Records

Agents Affiliated with this Home

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Source: Vail Multi-List Service

MLS Number: 1007673

Vail Multi-List Service

APN: R055583