NOT LISTED FOR SALE

431 Forest Trail Edwards, CO 81632

Estimated Value: $6,632,000 - $7,188,247

6 Beds
9 Baths
9,850 Sq Ft
$710/Sq Ft Est. Value

Last Sold October 02, 2017

Last sale price $3,950,000 $401 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $39,211/month

79 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • 0.94 Acre Lot
  • Equestrian Center
  • Indoor Spa
  • Clubhouse

About This Home

As of October 2017

Stunning residence freshly updated with a gorgeous remodel. Unwind in a 2,200SF tranquil master retreat cloaked in Thibaut wallpaper as though peacefully perched in a tree house. Four glowing outdoor gas fireplaces grace the deck, illuminating spectacular golf course and mountain vistas. The main level features a study with a custom bar, a grand dining room and a chef's kitchen with a hearth room, adjacent to a separate butler's kitchen. Rec room with wine cellar, billiards and a kitchen.

Last Agent to Sell the Property

Matt Iverson

Slifer Smith & Frampton - Arrowhead License #FA40021681 Listed on: 05/22/2017

Co-Listed By

Kathy Iverson

Slifer Smith & Frampton - Arrowhead License #EA1040785

Last Buyer's Agent

Rick Pirog

Slifer Smith & Frampton/Solaris

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,887

Year Built

  • Built in 1999

Lot Details

  • 0.94 Acre Lot
  • On Golf Course

Parking

  • 3 Car Garage

Property Views

  • Golf Course
  • Mountain

Home Design

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

Interior Spaces

  • 9,850 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Indoor Spa
  • Sauna
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Built-In Oven
  • Range
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Deck
  • Patio

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • No Cooling
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 210715110002
  • Seller Concessions Not Offered

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, electricity, security, snow removal, taxes
  • Cordillera F18 Aspens Subdivision

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,887

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Resort Fee: 2800.0
  • Resort Fee Frequency: Annually
  • Unit Levels: Multi/Split
  • Lot Size Acres: 0.94
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 1999
  • Subdivision Name: Cordillera F18 - Aspens
  • Financing Information Transfer Fee: 2.0
  • Percent Basement Finished: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Has Basement: Finished
  • Entry Location: 2
  • Fireplace Features: Gas
  • Furnished: Unfurnished
  • Interior Amenities: Fireplace - Gas, Jetted Bath, Multi-Level, Patio, Sauna, Spa/Hot Tub, Vaulted Ceiling(s)
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Trash Compactor, Wall Oven, Warming Drawer, Washer, Washer/Dryer, Wine Cooler
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 9850.0
  • 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:Wall Oven: Yes
  • Interior Features:Patio: Yes
  • Interior Features:SpaHot Tub: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Trash Compactor: Yes
  • Appliances Included:Warming Drawer: Yes
  • Interior Features:Sauna: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Wine Cooler: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: Shake
  • View: Golf Course, Mountain(s)
  • Lot Features: On Golf Course
  • 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: 3.0
  • Parking Features: Other
  • Parking:Other6: Yes
  • General Info:_pound_ of Garage Stalls: 3.0

Utilities

  • Cooling: None
  • Heating: Radiant
  • Sewer: Sewer Connected
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Clubhouse, Equestrian Center, Fitness Center, Golf, Pool, Tennis Court(s)
  • Amenities: Clubhouse, Fitness Center, Pool, Spa/Hot Tub, Tennis Court(s), Other

Association/Amenities

  • HOAComm Amenities:Fitness Center: Yes
  • HOAComm Amenities:Pool2: Yes
  • HOAComm Amenities:SpaHot Tub2: Yes
  • AssociationHOA Fee Includes:Common Area Maintenance: Yes
  • AssociationHOA Fee Includes:Snow Removal2: Yes
  • AssociationHOA Fee Includes:Electricity: Yes
  • AssociationHOA Fee Includes:Taxes3: Yes
  • HOAComm Amenities:Clubhouse: Yes
  • HOAComm Amenities:Tennis Court(s): Yes
  • HOAComm Amenities:Other7: Yes
  • AssociationHOA Fee Includes:Security: Yes

Fee Information

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

Lot Info

  • Lot Size Sq Ft: 40946.0
  • Parcel #: 210715110002
  • Land Lease: No
  • Zoning: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 39886.92
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2017
Closed on
Sep 28, 2017
Sold by
Soukup Kurt and Soukup Linda
Bought by
Ellis Mark E and Ellis Julia A
Seller's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
Buyer's Agent
Rick Pirog
Slifer Smith & Frampton/Solaris
List Price
$4,295,000
Sold Price
$3,950,000
Premium/Discount to List
-$345,000
-8.03%
Current Estimated Value
$6,991,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,041,812
Avg. Annual Appreciation
7.16%
Original Mortgage
$2,500,000
Outstanding Balance
$2,025,456
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,966,356

Purchase Details

Listed on
Apr 15, 2015
Closed on
Oct 29, 2015
Sold by
Mengedoth Donald R and Halverson Mengedoth Stacy
Bought by
Soukup Kurt and Soukup Linda
Seller's Agent
Pam Horan-Kates
Slifer Smith & Frampton - Cordillera
Buyer's Agent
Pam Horan-kates
Slifer Smith & Frampton - Hyatt
List Price
$4,950,000
Sold Price
$3,795,000
Premium/Discount to List
-$1,155,000
-23.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.10%
Original Mortgage
$1,250,000
Interest Rate
3.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 5, 2007
Sold by
Mengedoth Donald R and Halverson Mengedoth Stacy
Bought by
Mengedoth Donald R and Halverson Mengedoth Stacy

Purchase Details

Closed on
Jan 15, 1998
Sold by
Tostrud Jerrol M and Tostrud Alleen G
Bought by
Mengedoth Donald R and Halverson Mengedoth Stacy

Purchase Details

Closed on
May 17, 1996
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
Ellis Mark E $395,000 Land Title Guarantee
Soukup Kurt $3,795,000 Land Title Guarantee Company
Mengedoth Donald R -- None Available
Mengedoth Donald R $475,000 Land Title
-- $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Mark E $2,500,000
Previous Owner Soukup Kurt $1,250,000
Previous Owner Soukup Kurt $2,365,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2017 10/02/17 Sold $3,950,000 -8.0% $401 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $4,295,000 +13.2% $436 / Sq Ft
10/29/2015 10/29/15 Sold $3,795,000 -23.3% $366 / Sq Ft View Prior Sale
08/02/2015 08/02/15 Pending -- -- --
06/02/2014 06/02/14 For Sale $4,950,000 -- $477 / 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 $32,249 $397,210 $39,830 $357,380
2023 $32,249 $397,210 $39,830 $357,380
2022 $27,894 $269,140 $14,940 $254,200
2021 $31,729 $276,890 $15,370 $261,520
2020 $31,022 $259,970 $17,730 $242,240
2019 $30,937 $259,970 $17,730 $242,240
2018 $35,142 $276,510 $16,200 $260,310
2017 $33,451 $276,510 $16,200 $260,310
2016 $39,887 $342,280 $14,330 $327,950
Source: Public Records

Agents Affiliated with this Home

  • Matt Iverson

    Seller's Agent in 2017

    Matt Iverson

    Slifer Smith & Frampton - Arrowhead

    (970) 390-9198

    160 in this area

    193 Total Sales

    Matt Iverson
    Section Image
  • Kathy Iverson

    Seller Co-Listing Agent in 2017

    Kathy Iverson

    Slifer Smith & Frampton - Arrowhead

    (970) 390-8366

    1 Total Sale

    Kathy Iverson
    Section Image

  • R

    Buyer's Agent in 2017

    Rick Pirog

    Slifer Smith & Frampton/Solaris

  • P

    Seller's Agent in 2015

    Pam Horan-Kates

    Slifer Smith & Frampton - Cordillera

See All Agents

Map

Source: Vail Multi-List Service

MLS Number: 929440

Vail Multi-List Service

APN: R042263

Colorado Eagle County Edwards 81632

431 Forest Trail, Edwards, CO

Not Listed for Sale

Detached

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