NOT LISTED FOR SALE

431 Forest Trail Edwards, CO 81632

Estimated Value: $5,488,000 - $6,810,848

6 Beds
9 Baths
9,850 Sq Ft
$638/Sq Ft Est. Value

Last Sold October 02, 2017

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

Est. 59% increase in value since last sale

Current estimated payment $37,882/month

79 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Sauna
  • Equestrian Center
  • Spa
  • 0.94 Acre Lot

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 Listed By

Matt Iverson

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

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
  • 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

  • Spa
  • 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%
Total Days on Market
79
Current Estimated Value
$6,287,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,337,712
Avg. Annual Appreciation
6.27%
Original Mortgage
$2,500,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

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

Range of Values:

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Average Value
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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
Closed Ellis Mark E $2,500,000
Previous Owner Soukup Kurt $800,000
Previous Owner Soukup Kurt $1,250,000
Previous Owner Soukup Kurt $2,365,000
Previous Owner Mengedoth Donald R $1,100,000
Previous Owner Mengedoth Donald R $587,320
Previous Owner Mengedoth Donald R $596,000
Previous Owner Mengedoth Donald R $600,000
Previous Owner Mengedoth Donald R $600,000
Previous Owner Mengedoth Donald R $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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Map

Source: Vail Multi-List Service

MLS Number: 929440

Vail Multi-List Service

APN: R042263