NOT LISTED FOR SALE

354 Cresta Rd Edwards, CO 81632

Estimated Value: $4,273,000 - $5,097,000

4 Beds
4.5 Baths
2,836 Sq Ft
$1,682/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $3,950,000 $1,393 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $27,336/month

Highlights

  • Views of Ski Resort
  • 7 Acre Lot
  • Furnished
  • Home fronts a creek
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of April 2023

This exceptional duplex features ski in and out access from your back door and is located next to the creek while backing up to the Cresta ski run. Special features include air-conditioned, two car garage, new roof, new hot water heater, and new kitchen appliances. There are 4 bedrooms with en-suite bathrooms. The primary bedroom is on the main level. A sun filled office off the kitchen has build-in shelves. Downstairs you will find a full size laundry room., 3 guest suites and a large ski area with the door leading out to the slopes. There is a finished basement not included in the square footage.

Last Agent to Sell the Property

Kathy Bellamy

Slifer Smith & Frampton - Hyatt License #EA40033203 Listed on: 03/06/2023

Last Buyer's Agent

Matt Iverson

Slifer Smith & Frampton - Arrowhead

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,120

Year Built

  • Built in 2001

Lot Details

  • 7 Acre Lot
  • Home fronts a creek

HOA Fees

  • $1,045 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Ski Resort
  • Creek or Stream

Home Design

  • Duplex
  • Entry on the 1st floor
  • Poured Concrete
  • Frame Construction
  • Shake Roof

Interior Spaces

  • 2,836 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Gas Fireplace
  • Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 210510303008
  • Seller Concessions Not Offered

Community Details

Overview

  • Cresta Subdivision

Recreation

  • Trails
  • Snow Removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,120

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,045 per month

Parking

2

Listing Details

  • Association HOA Fee: 3135.0
  • HOA Fee Frequency: Quarterly
  • Entry Level: 1
  • Lot Size Acres: 7.0
  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 2001
  • Subdivision Name: Cresta
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Financing Information Transfer Fee: 1.5
  • Special Features: None
  • Stories: 2

Interior Features

  • Entry Location: main
  • Furnished: Furnished
  • Interior Amenities: Fireplace - Gas
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer/Dryer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Wood
  • Living Area: 2836.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Roof: Shake
  • View: Creek/Stream, Ski Slopes
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Construction Type: Other
  • Foundation Details: Poured in Place
  • Construction:Frame: Yes
  • Waterfront Features:Creek: 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: None
  • Heating: Forced Air
  • Sewer: Sewer Connected
  • Water Source: Public
  • Laundry Features: Other
  • 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:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Trail(s)
  • Association Fee: 3135.0
  • Association Fee Frequency: Quarterly

Association/Amenities

  • Keywords Info:Association YN: Yes

Lot Info

  • Lot Size Sq Ft: 304920.0
  • Parcel #: 210510303008
  • Land Lease: No
  • Zoning: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5119.52
  • Tax Lot: 8
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Apr 13, 2023
Sold by
Halsell Colorado Trust
Bought by
Remenick James
Seller's Agent
Kathy Bellamy
Slifer Smith & Frampton - Hyatt
Buyer's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
List Price
$4,150,000
Sold Price
$3,950,000
Premium/Discount to List
-$200,000
-4.82%
Current Estimated Value
$4,768,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$818,879
Avg. Annual Appreciation
7.23%

Purchase Details

Closed on
Jan 23, 2004
Sold by
Cresta Run Llc
Bought by
Halsell Colorado Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2003
Sold by
Ferguson William J and Ferguson Andrea Redmond
Bought by
Cresta Run Llc

Purchase Details

Closed on
Feb 23, 2001
Sold by
Cresta Run Llc
Bought by
Ferguson William J and Ferguson Andrea Redmond
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
Remenick James $3,950,000 Land Title
Halsell Colorado Trust $1,700,000 Land Title
Cresta Run Llc $2,152,636 Land Title
Ferguson William J $2,027,062 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Halsell Colorado Trust $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2023 04/13/23 Sold $3,950,000 -4.8% $1,393 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $4,150,000 -- $1,463 / 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 $14,767 $269,610 $64,440 $205,170
2023 $14,767 $269,610 $64,440 $205,170
2022 $10,239 $148,340 $52,130 $96,210
2021 $10,402 $152,610 $53,630 $98,980
2020 $11,571 $164,390 $53,630 $110,760
2019 $11,518 $164,390 $53,630 $110,760
2018 $10,262 $140,720 $39,600 $101,120
2017 $10,175 $140,720 $39,600 $101,120
2016 $12,594 $173,590 $43,780 $129,810
2015 -- $173,590 $43,780 $129,810
2014 $7,715 $116,220 $35,820 $80,400
Source: Public Records

Agents Affiliated with this Home

  • Kathy Bellamy

    Seller's Agent in 2023

    Kathy Bellamy

    Slifer Smith & Frampton - Hyatt

    (970) 845-9400

    15 in this area

    43 Total Sales

    Kathy Bellamy
    Section Image
  • Matt Iverson

    Buyer's Agent in 2023

    Matt Iverson

    Slifer Smith & Frampton - Arrowhead

    (970) 390-9198

    160 in this area

    194 Total Sales

    Matt Iverson
    Section Image
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Map

Source: Vail Multi-List Service

MLS Number: 1006966

Vail Multi-List Service

APN: R051568

Colorado Eagle County Edwards 81632

354 Cresta Rd, Edwards, CO

Not Listed for Sale

MultiFamily

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