$3,795,000
SOLD OCT 29, 2015

431 Forest Trail Edwards, CO 81632

6 Beds
9 Baths
10,379 Sq Ft
0.94 Acres

Recently Sold

$366 Per Sq Ft

23% Below List Price

426 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Fishing
  • Equestrian Center
  • Spa
  • Sauna

About This Home

As of October 2017

The Mengedoth Residence is one of the finest homes in Cordillera. Exquisite interior & exterior design is evident; there are extensive decks with a gas grill station, 4 outdoor gas fireplaces + fire pit and hot tub. Very special music room + full custom bar; large office on the main level; Master Suite occupies upper level of the home. Children's suite is whimsical & fun. Wine cave, pool table & family room with kitchen. Direct views to the golf course & mountains. Offered partially furnished.

Last Agent to Sell the Property

Pam Horan-Kates

Slifer Smith & Frampton - Cordillera License #EA1244545 Listed on: 04/15/2015

Last Buyer's Agent

Pam Horan-kates

Slifer Smith & Frampton - Hyatt License #EA1244545

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,043

Year Built

  • Built in 2001

Lot Details

  • 0.94 Acre Lot
  • On Golf Course

HOA Fees

  • $233 Monthly HOA Fees

Parking

  • 3 Car Garage

Property Views

  • Golf Course
  • Mountain

Home Design

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

Interior Spaces

  • 10,379 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Sauna
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Spa
  • Deck
  • Patio

Horse Facilities and Amenities

  • Equestrian Center

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 210715110002
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include common area maintenance, electricity, security, snow removal, taxes
  • Cordillera F18 Aspens Subdivision

Amenities

  • Shuttle
  • Clubhouse

Recreation

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

Security

  • Front Desk in Lobby

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,043

Year Built

Built in 2001

Lot Details

0

HOA Fees

$233 per month

Parking

3

Listing Details

  • Association HOA Fee: 2800.0
  • HOA Fee Frequency: Annually
  • Lot Size Acres: 0.94
  • Property Access Months Accessible: 12
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 2001
  • Road Surface Type: All Year
  • Subdivision Name: Cordillera F18 - Aspens
  • Percent Basement Finished: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Has Basement: Finished
  • Entry Location: 2
  • Fireplace Features: Gas
  • Furnished: Furnished
  • Interior Amenities: Fireplace - Gas, Jetted Bath, Patio, Sauna, Spa/Hot Tub, Vaulted Ceiling(s), Wired for Cable, See Remarks
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Trash Compactor, Washer, Washer/Dryer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Wood
  • Living Area: 10379.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Interior Features:Fireplace - Gas: 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
  • Interior Features:SpaHot Tub: Yes
  • Interior Features:See Remarks10: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Trash Compactor: Yes
  • Interior Features:Sauna: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: 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: Zoned
  • Heating: Natural Gas, Radiant
  • Sewer: Sewer Connected
  • 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, Equestrian Center, Fishing, Fitness Center, Golf, Pool, Shuttle Service, Tennis Court(s)
  • Amenities: Clubhouse, Fitness Center, Front Desk, Pool, Shuttle Service, Spa/Hot Tub, Tennis Court(s), Other
  • Association Fee: 2800.0
  • Association Fee Frequency: Annually

Association/Amenities

  • HOAComm Amenities:Fitness Center: Yes
  • HOAComm Amenities:Front Desk: Yes
  • HOAComm Amenities:Pool2: Yes
  • HOAComm Amenities:Shuttle Service: Yes
  • HOAComm Amenities:SpaHot Tub2: Yes
  • AssociationHOA Fee Includes:Common Area Maintenance: Yes
  • AssociationHOA Fee Includes:Snow Removal2: Yes
  • Documents:Association Documents: 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
  • Keywords Info:Association YN: 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: 31043.4
  • Tax Year: 2014

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
$6,786,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,836,508
Avg. Annual Appreciation
6.11%
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
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 Type Sale Price Title Company
Warranty Deed $395,000 Land Title Guarantee
Warranty Deed $3,795,000 Land Title Guarantee Company
Interfamily Deed Transfer -- None Available
Warranty Deed $475,000 Land Title
Deed $385,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,500,000 New Conventional
Closed $2,500,000 Adjustable Rate Mortgage/ARM
Previous Owner $800,000 Credit Line Revolving
Previous Owner $1,250,000 Credit Line Revolving
Previous Owner $2,365,000 Unknown
Previous Owner $1,100,000 Future Advance Clause Open End Mortgage
Previous Owner $587,320 Unknown
Previous Owner $596,000 Unknown
Previous Owner $600,000 Unknown
Previous Owner $600,000 Unknown
Previous Owner $3,000,000 Unknown
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: 920604

Vail Multi-List Service

APN: R042263