NOT LISTED FOR SALE

402 Cresta Rd Edwards, CO 81632

Estimated Value: $4,128,000 - $5,007,000

4 Beds
4.5 Baths
2,527 Sq Ft
$1,825/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $2,300,000 $910 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $26,245/month

381 Days on Market

Highlights

  • Views of Ski Resort
  • Fishing
  • Vaulted Ceiling
  • Golf Course Community
  • Deck
  • Wood Flooring

About This Home

As of October 2020

Beautifully and extensively remodeled ski-in / ski-out home perched directly on the slopes of Arrowhead connecting to Beaver Creek Mountain. Featuring 4 bedrooms each with en-suite bathrooms, a sunny deck overlooking the ski slopes, a large great room, main floor master and an extra den loft area. This is an ideal mountain retreat for both the ski season and the summer.

Last Agent to Sell the Property

Matt Iverson

Slifer Smith & Frampton - Arrowhead License #FA40021681 Listed on: 08/02/2019

Co-Listed By

Kathy Iverson

Slifer Smith & Frampton - Arrowhead License #EA1040785

Last Buyer's Agent

Donna Caynoski

Slifer Smith & Frampton/Four Seasons License #FA40016816

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,655

Year Built

  • Built in 2000

Lot Details

  • 3,049

HOA Fees

  • $898 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Ski Resort
  • Woods
  • Mountain

Home Design

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

Interior Spaces

  • 2,527 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Cooling Available
  • Forced Air Heating System

Additional Features

  • Deck
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 210510303017
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include common area maintenance, snow removal, taxes, trash
  • Cresta Subdivision

Amenities

  • Shuttle

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Fishing
  • Trails
  • Snow Removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,655

Year Built

Built in 2000

Lot Details

0

HOA Fees

$898 per month

Parking

1

Listing Details

  • Association HOA Fee: 2693.0
  • HOA Fee Frequency: Quarterly
  • Resort Fee: 1600.0
  • Resort Fee Frequency: Annually
  • Unit Levels: Multi/Split
  • Lot Size Acres: 0.07
  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 2000
  • Subdivision Name: Cresta
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Financing Information Transfer Fee: 1.5
  • Percent Basement Finished: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Has Basement: Finished
  • Entry Location: main
  • Fireplace Features: Gas
  • Furnished: Furnished
  • Interior Amenities: Fireplace - Gas, Multi-Level, Vaulted Ceiling(s)
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Washer/Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 2527.0
  • 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
  • Fireplace Features:Gas3: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck
  • Roof: Shake
  • View: Mountain(s), Ski Slopes, Trees/Woods
  • Construction Type: Stone, Other
  • 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: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Sewer Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Fishing, Golf, Pool, Shuttle Service, Tennis Court(s), Trail(s)
  • Association Fee: 2693.0
  • Association Fee Frequency: Quarterly

Association/Amenities

  • AssociationHOA Fee Includes:Common Area Maintenance: Yes
  • AssociationHOA Fee Includes:Snow Removal2: Yes
  • AssociationHOA Fee Includes:Taxes3: Yes
  • Keywords Info:Association YN: Yes
  • AssociationHOA Fee Includes:Trash2: Yes

Fee Information

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

Lot Info

  • Lot Size Sq Ft: 3049.0
  • Parcel #: 210510303017
  • Land Lease: No
  • Zoning: duplex triplex
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10655.2
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Oct 1, 2020
Sold by
Colafrancesco Leon and Colafrancesco Rebecca
Bought by
Sun & Sea Ventures Llc
Seller's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
Buyer's Agent
Donna Caynoski
Slifer Smith & Frampton/Four Seasons
List Price
$2,949,000
Sold Price
$2,300,000
Premium/Discount to List
-$649,000
-22.01%
Current Estimated Value
$4,612,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,312,049
Avg. Annual Appreciation
14.14%
Original Mortgage
$1,610,000
Outstanding Balance
$1,427,976
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,184,073

Purchase Details

Closed on
Sep 18, 2009
Sold by
Byrd Paul and Byrd Kymberlee
Bought by
Colafrancesco Leon and Colafrancesco Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2006
Sold by
Woodland John B and Woodland Betty Ann
Bought by
Byrd Paul and Byrd Kymberlee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2004
Sold by
Juprital Ltd
Bought by
Woodland John B and Woodland Betty Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
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
Sun & Sea Ventures Llc $230,000 Land Title Guarantee Company
Colafrancesco Leon $1,800,000 Land Title Guarantee Company
Byrd Paul $2,000,000 Land Title Guarantee Company
Woodland John B $1,800,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun & Sea Ventures Llc $1,610,000
Previous Owner Colafrancesco Leon $729,750
Previous Owner Byrd Paul $1,400,000
Previous Owner Woodland John B $1,260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2020 10/05/20 Sold $2,300,000 -22.0% $910 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
08/02/2019 08/02/19 For Sale $2,949,000 -- $1,167 / 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 $15,054 $274,850 $64,460 $210,390
2023 $15,054 $274,850 $64,460 $210,390
2022 $10,396 $150,610 $52,130 $98,480
2021 $10,562 $154,950 $53,630 $101,320
2020 $10,705 $152,080 $53,630 $98,450
2019 $10,655 $152,080 $53,630 $98,450
2018 $9,443 $129,490 $39,600 $89,890
2017 $9,363 $129,490 $39,600 $89,890
2016 $11,539 $159,050 $43,780 $115,270
2015 -- $159,050 $43,780 $115,270
2014 $8,424 $126,910 $35,820 $91,090
Source: Public Records

Agents Affiliated with this Home

  • Matt Iverson

    Seller's Agent in 2020

    Matt Iverson

    Slifer Smith & Frampton - Arrowhead

    (970) 390-9198

    161 in this area

    194 Total Sales

    Matt Iverson
    Section Image
  • Kathy Iverson

    Seller Co-Listing Agent in 2020

    Kathy Iverson

    Slifer Smith & Frampton - Arrowhead

    (970) 390-8366

    1 Total Sale

    Kathy Iverson
    Section Image
  • Donna Caynoski

    Buyer's Agent in 2020

    Donna Caynoski

    Slifer Smith & Frampton/Four Seasons

    (970) 390-4324

    5 in this area

    26 Total Sales

    Donna Caynoski
    Section Image
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Map

Source: Vail Multi-List Service

MLS Number: 935968

Vail Multi-List Service

APN: R052075

Colorado Eagle County Edwards 81632

402 Cresta Rd, Edwards, CO

Not Listed for Sale

MultiFamily

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