NOT LISTED FOR SALE

424 Cresta Rd Edwards, CO 81632

Estimated Value: $5,493,406 - $6,847,000

5 Beds
5.5 Baths
3,916 Sq Ft
$1,581/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $3,250,000 $830 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $35,092/month

225 Days on Market

Highlights

  • Views of Ski Resort
  • Indoor Spa
  • Ski Trails
  • Golf Course Community
  • Fishing
  • Deck

About This Home

As of August 2020

Ski in and out of this Cresta home perched on the slopes of Arrowhead. Watch the skiers come down the mountain from the hot tub on the patio or enjoy aprs ski from the slope facing deck. Featuring 5 bedrooms and 5.5 baths, a master on the main level, vaulted ceilings and a cozy hearth room off the kitchen. A true mountain retreat!

Last Agent to Sell the Property

Matt Iverson

Slifer Smith & Frampton - Arrowhead License #FA40021681 Listed on: 12/04/2019

Co-Listed By

Kathy Iverson

Slifer Smith & Frampton - Arrowhead License #EA1040785

Last Buyer's Agent

Matt Iverson

Slifer Smith & Frampton - Arrowhead License #FA40021681 Listed on: 12/04/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,379

Year Built

  • Built in 2000

Lot Details

  • 3,920 Sq Ft Lot

HOA Fees

  • $898 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Ski Resort
  • Mountain

Home Design

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

Interior Spaces

  • 3,916 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Indoor Spa
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Deck
  • Patio

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number $2,120,210.00
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include snow removal, trash
  • Cresta Subdivision

Amenities

  • Shuttle

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,379

Year Built

Built in 2000

Lot Details

0

HOA Fees

$898 per month

Parking

2

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: 0.09
  • Property Sub Type: Single Family Residence
  • 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: Unfurnished
  • Interior Amenities: Fireplace - Gas, Jetted Bath, Multi-Level, Patio, Spa/Hot Tub, Vaulted Ceiling(s)
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Washer/Dryer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 3916.0
  • 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:Patio: Yes
  • Interior Features:SpaHot Tub: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: Shake
  • View: Mountain(s), Ski Slopes
  • Lot Features: Walk to Slopes
  • Construction Type: Stone, Other
  • 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: 2.0
  • Parking Features: Other
  • General Info:Garage2: Yes
  • Parking:Other6: Yes
  • General Info:_pound_ of Garage Stalls: 2.0

Utilities

  • Cooling: None
  • Heating: Forced Air
  • Cooling Y N: No
  • 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:Snow Removal2: Yes
  • Keywords Info:Association YN: Yes
  • AssociationHOA Fee Includes:Trash2: Yes

Fee Information

  • Association Fee Includes: Snow Removal, Trash

Lot Info

  • Lot Size Sq Ft: 3920.0
  • Parcel #: $2,120,210.00
  • Land Lease: No
  • Zoning: singfam
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14379.04
  • Tax Year: 2019

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2019
Closed on
Aug 11, 2020
Sold by
Trusgt Gregory R Walton Revocable
Bought by
Kuechler William B and The William B Kuechler Trust
Seller's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
Buyer's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
List Price
$3,495,000
Sold Price
$3,250,000
Premium/Discount to List
-$245,000
-7.01%
Current Estimated Value
$6,193,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,943,102
Avg. Annual Appreciation
12.73%

Purchase Details

Listed on
Oct 5, 2015
Closed on
May 24, 2017
Sold by
Wills Nicholas
Bought by
Gregory R Walton Revocable Trust and Sandra G Walton Revocable Trust
Seller's Agent
Donald Zerangue
Slifer Smith & Frampton/Solaris
Buyer's Agent
Suzi Apple
Gateway Real Estate Vail
List Price
$3,450,000
Sold Price
$2,850,000
Premium/Discount to List
-$600,000
-17.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.15%

Purchase Details

Closed on
May 17, 2001
Sold by
Cresta Run Llc
Bought by
Wills Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7.87%
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
Kuechler William B $3,250,000 Land Title Guarantee
Gregory R Walton Revocable Trust $2,850,000 Land Title Guarantee Company
Wills Nicholas $2,913,612 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wills Nicholas $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2020 08/14/20 Sold $3,250,000 -7.0% $830 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
12/04/2019 12/04/19 For Sale $3,495,000 +22.6% $892 / Sq Ft
05/24/2017 05/24/17 Sold $2,850,000 -17.4% $707 / Sq Ft View Prior Sale
05/09/2017 05/09/17 Pending -- -- --
03/12/2015 03/12/15 For Sale $3,450,000 -- $856 / 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 $20,951 $382,510 $64,700 $317,810
2023 $20,951 $382,510 $64,700 $317,810
2022 $13,642 $197,640 $52,130 $145,510
2021 $13,858 $203,320 $53,630 $149,690
2020 $14,446 $205,230 $53,630 $151,600
2019 $14,379 $205,230 $53,630 $151,600
2018 $13,048 $178,930 $43,560 $135,370
2017 $12,938 $178,930 $43,560 $135,370
2016 $16,230 $223,700 $48,160 $175,540
2015 -- $223,700 $48,160 $175,540
2014 $12,932 $194,820 $39,400 $155,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 936823

Vail Multi-List Service

APN: R052080