NOT LISTED FOR SALE

37 Elk Place Edwards, CO 81632

Estimated Value: $4,065,000 - $4,579,000

4 Beds
4.5 Baths
5,779 Sq Ft
$743/Sq Ft Est. Value

Sale Details

Date Sold: March 10, 2020

Last sale price $2,000,000 $346 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $23,951 / mo

152 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • Wood Flooring
  • 1.63 Acre Lot
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub

About This Home

As of March 2020

Immaculate mountain property in a coveted and quiet setting in Lake Creek. Privately nestled in the trees on a generous-sized lot with a large detached garage, 37 Elk Place serves as a gateway to everything the Colorado mountain lifestyle has to offer. In close proximity to downtown Edwards, this home features 4 large bedrooms, an open floor plan, main floor master, family/pool room, impressive kitchen with Wolf/SubZero appliances, office, fitness room, oversized garage, 4 decks, and much more.

Last Agent to Sell the Property

Matthew Blake

LIV Sotheby's Int. Realty-Vail Mountain Haus Brokerage Phone: 970.390.2692 License #FA40044863 Listed on: 08/02/2019

LIV Sotheby's Int. Realty-Vail Mountain Haus

Last Buyer's Agent

Eric Burgund

Slifer Smith & Frampton - Highlands License #EA040020097

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,524

Year Built

  • Built in 1992

Lot Details

  • 1.63

Parking

  • 3 Car Garage
  • Carport

Property Views

  • Woods
  • Mountain

Home Design

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

Interior Spaces

  • 5,779 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Cooktop
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Hydromassage or Jetted Bathtub

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • Deck
  • 1.63 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 210518302007
  • Seller Concessions Not Offered

Community Details

Overview

  • Property has a Home Owners Association
  • Lake Creek Meadows Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,524

Year Built

Built in 1992

Lot Details

1.63 Acres

Parking

3

Listing Details

  • Association HOA Fee: 400.0
  • Unit Levels: Multi/Split
  • Lot Size Acres: 1.63
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 1992
  • Subdivision Name: Lake Creek Meadows
  • Attribution Contact: 970.390.2692
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Entry Location: 1
  • Fireplace Features: Gas
  • Furnished: Unfurnished
  • Interior Amenities: Fireplace - Gas, Jetted Bath, Multi-Level, Vaulted Ceiling(s), Wired for Cable
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Wall Oven, Warming Drawer, Washer, Washer/Dryer, Wine Cooler
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Tile, Wood
  • Living Area: 5779.0
  • 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
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Warming Drawer: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Wine Cooler: Yes

Exterior Features

  • Patio And Porch Features: Deck
  • Roof: Shake
  • View: Mountain(s), Trees/Woods
  • Construction Type: Stone, Stucco, Other
  • Foundation Details: Concrete Perimeter
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Carport, Other
  • Parking:Carport: Yes
  • Parking:Other6: Yes
  • General Info:_pound_ of Garage Stalls: 3.0

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard, Natural Gas
  • Sewer: Septic Tank
  • Water Source: See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Trash, Water Available
  • Heating:Baseboard: Yes
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Trail(s)
  • Association Fee: 400.0

Association/Amenities

  • AssociationHOA Fee Includes:See Remarks15: Yes
  • Keywords Info:Association YN: Yes

Fee Information

  • Association Fee Includes: See Remarks

Lot Info

  • Lot Size Sq Ft: 71003.0
  • Parcel #: 210518302007
  • Land Lease: No
  • Zoning: Residential Rural
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8524.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2021
Sold by
Newpower Family Trust
Bought by
Newpower Anthony J and Newpower Christine T
Current Estimated Value
$4,291,232

Purchase Details

Listed on
Aug 2, 2019
Closed on
Mar 10, 2020
Sold by
Landt Mark and Landt Jacquelyn
Bought by
Newpower Family Trust
Seller's Agent
Matthew Blake
LIV Sotheby's Int. Realty-Vail Mountain Haus
Buyer's Agent
Eric Burgund
Slifer Smith & Frampton - Highlands
List Price
$2,295,000
Sold Price
$2,000,000
Premium/Discount to List
-$295,000
-12.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.19%
Original Mortgage
$1,600,000
Interest Rate
2.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2000
Sold by
Hebert Timothy
Bought by
Landt Mark and Landt Jacquelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$845,000
Interest Rate
3.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Newpower Anthony J -- --
Newpower Family Trust $2,000,000 Land Title Guarantee Co
Landt Mark $1,300,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newpower Family Trust $1,600,000
Previous Owner Landt Mark $845,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2020 03/10/20 Sold $2,000,000 -12.9% $346 / Sq Ft
12/31/2019 12/31/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $2,295,000 -- $397 / Sq Ft
Source: Vail Multi-List Service

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
2025 $14,398 $277,340 $58,680 $218,660
2024 $13,363 $234,160 $32,980 $201,180
2023 $13,363 $234,160 $32,980 $201,180
2022 $10,132 $149,290 $24,330 $124,960
2021 $10,292 $153,590 $25,030 $128,560
2020 $7,635 $114,410 $25,030 $89,380
2019 $7,597 $114,410 $25,030 $89,380
2018 $8,524 $125,880 $25,200 $100,680
2017 $8,447 $125,880 $25,200 $100,680
2016 $9,561 $145,190 $25,870 $119,320
2015 -- $145,190 $25,870 $119,320
2014 $7,019 $112,240 $19,900 $92,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 935956

Vail Multi-List Service

APN: R018717

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