NOT LISTED FOR SALE

405 Red Draw Edwards, CO 81632

Estimated Value: $4,135,000 - $5,121,000

5 Beds
6.5 Baths
6,420 Sq Ft
$713/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $2,000,000 $312 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $27,077/month

792 Days on Market

Highlights

  • Golf Course Community
  • 1.48 Acre Lot
  • Clubhouse
  • Fitness Center
  • Mountain View
  • Deck

About This Home

As of July 2020

Gorgeous custom home in desirable Cordillera Ranch. 5 bedrooms plus study and 7 baths accommodate lots of guests. Gourmet kitchen with large island, fireplace and an elegant formal dining room. Generous main level master with fireplace and an impressive master bath with dual walk-in closets. Upper level family room with guest suite and balcony. Lower level family room, huge media room with wine room and large, well appointed bar for entertaining. A three car garage stores all your toys

Last Agent to Sell the Property

Cynthia Kruse

RE/MAX Elevate Vail Valley License #ER040015420 Listed on: 09/17/2018

RE/MAX Elevate Vail Valley

Last Buyer's Agent

Lai White

Gateway Real Estate Vail

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,322

Year Built

  • Built in 2006

Lot Details

  • 1.48 Acre Lot

Parking

  • 3 Car Garage

Property Views

  • Mountain
  • Valley

Home Design

  • Frame Construction
  • Shake Roof
  • Metal Roof
  • Log Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,420 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Washer and Dryer

Kitchen

  • Range
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 210710406006
  • Seller Concessions Not Offered

Community Details

Overview

  • Property has a Home Owners Association
  • Cordillera F10 Red Draw 1 Red Tail Rid Subdivision

Amenities

  • Clubhouse
  • Community Center

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Trails
  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,322

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Resort Fee: 2800.0
  • Resort Fee Frequency: Annually
  • Unit Levels: Multi/Split
  • Lot Size Acres: 1.48
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 3
  • Average Monthly Electric Expenses: 86.0
  • Average Monthly Gas Expenses: 205.0
  • Monthly Water Expense: 185.0
  • Year Built: 2006
  • Road Surface Type: All Year
  • Subdivision Name: Cordillera F10 - Red Draw 1 Red Tail Rid
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Financing Information Transfer Fee: 2.0
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Entry Location: 2
  • Fireplace Features: Gas
  • Furnished: Furnished
  • Interior Amenities: Fireplace - Gas, Jetted Bath, Multi-Level, Patio, Vaulted Ceiling(s), Wired for Cable
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Warming Drawer, Washer, Washer/Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 6420.0
  • 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
  • Interior Features:Wired for Cable: Yes
  • Interior Features:Patio: Yes
  • Neighborhood Features:Community Center: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Warming Drawer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: Metal, Shake
  • View: Mountain(s), Valley
  • Construction Type: Log
  • Foundation Details: Concrete Perimeter
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Patio2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Other
  • General Info:Garage2: Yes
  • Parking:Other6: Yes
  • General Info:_pound_ of Garage Stalls: 3.0

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas, Radiant
  • Sewer: Sewer Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Clubhouse, Community Center, Fitness Center, Golf, Pool, Trail(s)
  • Pets Allowed: Yes

Association/Amenities

  • Documents:Association Documents: Yes
  • AssociationHOA Fee Includes:None: Yes
  • Keywords Info:Association YN: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Sq Ft: 64469.0
  • Parcel #: 210710406006
  • Land Lease: No
  • Zoning: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 19322.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2018
Closed on
Jul 10, 2020
Sold by
Meffe Dom and Meffe Kalani
Bought by
Berg Eric Lennart
Seller's Agent
Cynthia Kruse
RE/MAX Elevate Vail Valley
Buyer's Agent
Lai White
Gateway Real Estate Vail
List Price
$2,650,000
Sold Price
$2,000,000
Premium/Discount to List
-$650,000
-24.53%
Current Estimated Value
$4,578,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,578,210
Avg. Annual Appreciation
18.09%

Purchase Details

Closed on
Aug 14, 2008
Sold by
Lot 14 Redtail Ridge Llc
Bought by
Meffe Dom and Meffe Kalani

Purchase Details

Closed on
Dec 15, 2005
Sold by
Spooner Thomas and Spooner Janet L
Bought by
Lot 14 Red Tail Ridge Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 15, 2000
Sold by
Jt Packer James W
Bought by
Spooner Thomas and Spooner Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
9.25%

Purchase Details

Closed on
Jun 30, 2000
Sold by
Jt Packer James W
Bought by
Packer James W and Packer Suzanne Mchugh

Purchase Details

Closed on
Aug 8, 1997
Sold by
Doolan Dwight M
Bought by
Packer James W and Packer Suzanne Mchugh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,670
Interest Rate
7.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1994
Source: Public Records

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Range of Values:

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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
Berg Eric Lennart $2,000,000 Land Title Guarantee Co
Meffe Dom $2,700,000 Land Title Guarantee Company
Lot 14 Red Tail Ridge Llc $225,000 Land Title Guarantee Company
Spooner Thomas $270,000 Stewart Title
Packer James W -- Land Title
Packer James W $275,000 Land Title
-- $188,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lot 14 Red Tail Ridge Llc $1,637,643
Previous Owner Lot 14 Red Tail Ridge Llc $1,447,957
Previous Owner Lot 14 Red Tail Ridge Llc $180,000
Previous Owner Spooner Thomas $85,000
Previous Owner Packer James W $194,670
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $2,000,000 -24.5% $312 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
04/10/2018 04/10/18 For Sale $2,650,000 -- $413 / 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 $18,878 $232,520 $29,680 $202,840
2023 $18,878 $232,520 $29,680 $202,840
2022 $14,406 $139,000 $6,950 $132,050
2021 $16,387 $143,000 $7,150 $135,850
2020 $16,014 $134,200 $5,540 $128,660
2019 $15,970 $134,200 $5,540 $128,660
2018 $19,322 $152,030 $8,100 $143,930
2017 $18,392 $152,030 $8,100 $143,930
2016 $19,244 $165,140 $7,160 $157,980
2015 -- $165,140 $7,160 $157,980
2014 $14,259 $117,980 $6,780 $111,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 932005

Vail Multi-List Service

APN: R040916