NOT LISTED FOR SALE

400 Red Draw Edwards, CO 81632

Estimated Value: $3,005,000 - $3,547,000

5 Beds
4.5 Baths
4,052 Sq Ft
$798/Sq Ft Est. Value

Last Sold September 12, 2023

Last sale price $2,450,000 $605 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $18,565/month

265 Days on Market

Highlights

  • View of Trees or Woods
  • Clubhouse
  • Steam Shower
  • 0.88 Acre Lot
  • Wood Flooring
  • Community Pool

About This Home

As of September 2023

A tranquil setting in the woods with sunlight streaming through and surrounded by evergreens and aspens. Truly a picturesque environment with a charming 5-bedroom home built to entertain or simply be the mountain retreat everyone will covet. High-end appliances and even a pizza oven, the kitchen is a delight to cook in while looking out the multiple windows in the great room. Conveniently located within walking distance to the Cordillera Ranch Trailhead pool and activity center for hiking and gathering with family and friends.
The large great room is perfect for big groups and the home offers an outdoor hot tub, indoor sauna and steam room plus a wine room for the ''must have'' collection! Brand new boiler for the heating of the home March 2023! Metal roof so no looming roof replacement cost to the next owner! The spacious 3-car garage even has a workbench area to tune those skis and bikes! A custom home for less than an enclave home, this is an excellent opportunity to get the privacy of a single family home in Cordillera that you've been waiting for.

Last Agent to Sell the Property

Mick Kelly

LIV Sotheby's Int Realty Beaver Creek Village Brokerage Phone: 970.376.5617 License #FA40027077 Listed on: 10/26/2022

LIV Sotheby's Int Realty Beaver Creek Village

Last Buyer's Agent

Grant Roberts

Berkshire Hathaway- Vail Lionshead License #FA100072713

Berkshire Hathaway- Vail Lionshead

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,303

Year Built

  • Built in 2005

Lot Details

  • 0.88 Acre Lot

HOA Fees

  • $283 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Heated Garage

Property Views

  • Woods
  • Mountain
  • Valley

Home Design

  • Entry on the 1st floor
  • Poured Concrete
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 4,052 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Steam Shower

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 210710407004
  • Seller Concessions Not Offered

Community Details

Overview

  • Cordillera F10 Red Draw 1 Red Tail Rid Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,303

Year Built

Built in 2005

Lot Details

0

HOA Fees

$283 per month

Parking

3

Listing Details

  • Association HOA Fee: 3400.0
  • HOA Fee Frequency: Annually
  • Entry Level: 1
  • Lot Size Acres: 0.88
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Year Built: 2005
  • Road Surface Type: All Year
  • Subdivision Name: Cordillera F10 - Red Draw 1 Red Tail Rid
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Attribution Contact: 970.376.5617
  • Financing Information Transfer Fee: 2.0
  • Percent Basement Finished: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Finished
  • Entry Location: Main
  • Fireplace Features: Gas
  • Furnished: Unfurnished
  • Interior Amenities: Fireplace - Gas, Steam Shower
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Washer/Dryer, Wine Cooler
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 4052.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Fireplace Features:Gas3: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Range Hood: Yes
  • Interior Features:Steam Shower: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Wine Cooler: Yes

Exterior Features

  • Roof: Metal
  • View: Mountain(s), Trees/Woods, Valley, See Remarks
  • Lot Features: See Remarks
  • Construction Type: Stone, Wood Siding, Other
  • Foundation Details: Poured in Place
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Heated Garage, See Remarks
  • General Info:Garage2: Yes
  • Parking:Heated Garage: Yes
  • Parking:See Remarks14: Yes
  • General Info:_pound_ of Garage Stalls: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Radiant
  • Water Source: See Remarks
  • Laundry Features: See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Clubhouse, Cross Country Trail(s), Trail(s), See Remarks
  • Amenities: Pool, Tennis Court(s)
  • Association Fee: 3400.0
  • Association Fee Frequency: Annually

Association/Amenities

  • HOAComm Amenities:Pool2: Yes
  • HOAComm Amenities:Tennis Court(s): Yes
  • AssociationHOA Fee Includes:See Remarks15: Yes
  • Keywords Info:Association YN: Yes

Fee Information

  • Association Fee Includes: See Remarks

Lot Info

  • Lot Size Sq Ft: 38332.0
  • Parcel #: 210710407004
  • Land Lease: No
  • Zoning: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11303.2
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Sep 12, 2023
Sold by
Williams Reginald V
Bought by
Shehata Michael and Shehata Ashley
Seller's Agent
Mick Kelly
LIV Sotheby's Int Realty Beaver Creek Village
Buyer's Agent
Grant Roberts
Berkshire Hathaway- Vail Lionshead
List Price
$2,850,000
Sold Price
$2,450,000
Premium/Discount to List
-$400,000
-14.04%
Views
309
Current Estimated Value
$3,232,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$782,628
Avg. Annual Appreciation
13.97%
Original Mortgage
$1,837,500
Outstanding Balance
$1,796,057
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$1,436,571

Purchase Details

Closed on
Mar 1, 2019
Sold by
Kisielica Steven N
Bought by
Williams Reginald V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,075,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2019
Sold by
Red Draw Holdings Llc
Bought by
Kisielica Steven N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,075,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2018
Sold by
Kisielica Steven N
Bought by
Red Draw Holdings Llc

Purchase Details

Closed on
Apr 23, 2004
Sold by
Pya Enterprises Llc
Bought by
Kisielica Steven N

Purchase Details

Closed on
Mar 20, 1996
Source: Public Records

Range of Values:

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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
Shehata Michael $2,450,000 Land Title
Williams Reginald V $1,600,000 Land Title Guarantee Co
Kisielica Steven N -- None Available
Red Draw Holdings Llc -- None Available
Kisielica Steven N $180,000 Land Title Guarantee Company
-- $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shehata Michael $1,837,500
Previous Owner Williams Reginald V $1,075,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2023 09/12/23 Sold $2,450,000 -3.0% $605 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/14/2023 07/14/23 Price Changed $2,525,000 -5.6% $623 / Sq Ft
12/26/2022 12/26/22 Price Changed $2,675,000 -2.7% $660 / Sq Ft
11/10/2022 11/10/22 Price Changed $2,750,000 -3.5% $679 / Sq Ft
10/26/2022 10/26/22 For Sale $2,850,000 -- $703 / 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 $14,326 $176,450 $19,690 $156,760
2023 $14,326 $176,450 $19,690 $156,760
2022 $11,303 $109,060 $10,770 $98,290
2021 $19,590 $112,200 $11,080 $101,120
2020 $13,640 $101,080 $7,200 $93,880
2019 $12,029 $101,080 $7,200 $93,880
2018 $14,188 $111,640 $7,290 $104,350
2017 $13,506 $111,640 $7,290 $104,350
2016 $12,986 $111,440 $6,450 $104,990
2015 -- $111,440 $6,450 $104,990
2014 $10,668 $88,270 $6,780 $81,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 1006368

Vail Multi-List Service

APN: R040913