NOT LISTED FOR SALE

426 Cresta Rd Edwards, CO 81632

Estimated Value: $6,339,000 - $7,653,000

7 Beds
7.5 Baths
6,093 Sq Ft
$1,173/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $3,217,500 $528 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $40,368/month

191 Days on Market

Highlights

  • Views of Ski Resort
  • Fitness Center
  • Clubhouse
  • Golf Course Community
  • Indoor Spa
  • Deck

About This Home

As of August 2020

$455,000 PRICE REDUCTION! Seller is looking for offers! This is the only single family in the Cresta Association currently for sale offering SKI-IN/SKI-OUT access and exceptional rental history. This residence is ideally situated in a private location and backs to National Forest land. One of only 7 single-family residences in the Cresta neighborhood and this is the largest of all of them. New exterior paint recently completed along with a new roof which was installed May of this year. Located just a short walk to the Alpine Club, Vista Restaurant, Country Club of the Rockies and outdoor pool. Just a 5 minute drive to Riverwalk shopping center and only 10 minutes to Vail. This beautiful 7-bedroom/8-bath home would be an excellent full-time residence or vacation home due to its spacious floor plan, multiple family rooms and suite-style bedrooms with walk-in closets. Additional features include a 2-car garage, 4 decks facing the ski run and stream and a large kitchen with breakfast nook. The lower level features a spacious ski room with custom built-ins and plenty of storage. Ski straight out your back door in the morning and enjoy the sounds of the stream from your hot tub in the afternoon. In the summer children love playing and fishing in the calm stream that runs directly behind the house. The stream is also a peaceful place for families to relax and congregate in the summer. Owners have generated an average of $200k in gross revenue with 5 star ratings through VRBO. Homeowners Association has strong reserve funds and handles most of the details for ease of ownership. This lovely home is turn-key and offered fully furnished. Link to floor plan virtual tour View second photo to access the virtual tour.

Last Agent to Sell the Property

Yvonne Dawsey

Berkshire Hathaway - Vail VLG Listed on: 01/16/2020

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,541

Year Built

  • Built in 2002

Lot Details

  • 4,356

HOA Fees

  • $898 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • River
  • Ski Resort
  • Creek or Stream
  • Mountain
  • Valley

Home Design

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

Interior Spaces

  • 6,093 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Indoor Spa
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Additional Features

  • 4,356 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 210510303032
  • Seller Concessions Not Offered

Community Details

Overview

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

Amenities

  • Shuttle
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails
  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,541

Year Built

Built in 2002

Lot Details

0

HOA Fees

$898 per month

Parking

2

Listing Details

  • Association HOA Fee: 2693.33
  • HOA Fee Frequency: Quarterly
  • Resort Fee: 1600.0
  • Resort Fee Frequency: Annually
  • Unit Levels: Multi/Split
  • Lot Size Acres: 0.1
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 4
  • Year Built: 2002
  • Subdivision Name: Cresta
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Financing Information Transfer Fee: 1.5
  • Percent Basement Finished: Yes
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Has Basement: Finished
  • Entry Location: 2
  • Fireplace Features: Gas
  • Furnished: Furnished
  • Interior Amenities: Fireplace - Gas, Jetted Bath, Multi-Level, Patio, Spa/Hot Tub, Vaulted Ceiling(s), Wired for Cable
  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer, Washer/Dryer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 6093.0
  • ResoLivingAreaSource: Appraiser
  • 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:WasherDryer: Yes
  • Interior Features:Wired for Cable: 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: Synthetic
  • View: Creek/Stream, Mountain(s), River, Ski Slopes, Valley
  • Lot Features: Near Public Transit
  • 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: Ceiling Fan(s)
  • Heating: Forced Air, Natural Gas
  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Satellite, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Clubhouse, Fitness Center, Golf, Pool, Shuttle Service, Tennis Court(s), Trail(s)
  • Amenities: Pool, Shuttle Service, Spa/Hot Tub, Tennis Court(s), Other
  • Association Fee: 2693.33
  • Association Fee Frequency: Quarterly

Association/Amenities

  • HOAComm Amenities:Pool2: Yes
  • HOAComm Amenities:Shuttle Service: Yes
  • HOAComm Amenities:SpaHot Tub2: Yes
  • AssociationHOA Fee Includes:Common Area Maintenance: Yes
  • AssociationHOA Fee Includes:Management: Yes
  • AssociationHOA Fee Includes:Snow Removal2: Yes
  • Documents:Association Documents: Yes
  • AssociationHOA Fee Includes:Insurance: Yes
  • AssociationHOA Fee Includes:Taxes3: Yes
  • HOAComm Amenities:Tennis Court(s): Yes
  • HOAComm Amenities:Other7: Yes
  • Keywords Info:Association YN: Yes
  • AssociationHOA Fee Includes:Trash2: Yes

Fee Information

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

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Parcel #: 210510303032
  • Land Lease: No
  • Zoning: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17540.96
  • Tax Year: 2019

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2020
Sold by
Martin Jenna and Tversky Tal
Bought by
Tvarkle Llc
Current Estimated Value
$7,145,796

Purchase Details

Listed on
Jan 16, 2020
Closed on
Aug 17, 2020
Sold by
Engleby Robert T
Bought by
Martin Jenna and Tversky Tal
Seller's Agent
Yvonne Dawsey
Berkshire Hathaway - Vail VLG
Buyer's Agent
Non Member
Non Member Office
List Price
$4,295,000
Sold Price
$3,217,500
Premium/Discount to List
-$1,077,500
-25.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.02%
Original Mortgage
$1,930,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2014
Closed on
Dec 26, 2014
Sold by
Ferguson William J and Ferguson Andrea Redmond
Bought by
1661 S Glencoe Llc
Seller's Agent
Scot Webster
Slifer Smith & Frampton - Arrowhead
Buyer's Agent
David Adkins
Compass Colorado-Cherry Creek
List Price
$3,499,000
Sold Price
$3,000,000
Premium/Discount to List
-$499,000
-14.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.25%
Original Mortgage
$2,100,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 15, 2003
Sold by
Cresta Run Llc
Bought by
Ferguson William J and Ferguson Andrea Redmond
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
Tvarkle Llc -- None Available
Martin Jenna $3,217,500 Land Title Guarantee
Engleby Robert T -- Land Title Guarantee
1661 S Glencoe Llc $3,000,000 Land Title Guarantee Company
Ferguson William J $3,300,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Jenna $1,930,500
Previous Owner 1661 S Glencoe Llc $2,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2020 08/17/20 Sold $3,217,500 -25.1% $528 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $4,295,000 +43.2% $705 / Sq Ft
12/26/2014 12/26/14 Sold $3,000,000 -14.3% $492 / Sq Ft View Prior Sale
11/10/2014 11/10/14 Pending -- -- --
06/27/2013 06/27/13 For Sale $3,499,000 -- $574 / 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 $24,369 $444,920 $61,550 $383,370
2023 $24,369 $444,920 $61,550 $383,370
2022 $15,332 $222,130 $49,520 $172,610
2021 $15,576 $228,520 $50,940 $177,580
2020 $17,623 $250,360 $50,940 $199,420
2019 $17,541 $250,360 $50,940 $199,420
2018 $15,747 $215,940 $37,620 $178,320
2017 $15,614 $215,940 $37,620 $178,320
2016 $19,585 $269,940 $41,590 $228,350
2015 -- $269,940 $41,590 $228,350
2014 $15,838 $238,590 $34,030 $204,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 937063

Vail Multi-List Service

APN: R054256