NOT LISTED FOR SALE

434 Cresta Rd Edwards, CO 81632

Estimated Value: $6,083,000 - $6,651,000

5 Beds
5.5 Baths
4,157 Sq Ft
$1,534/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $6,500,000 $1,564 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $37,940/month

7 Days on Market

Highlights

  • Views of Ski Resort
  • Indoor Spa
  • Deck
  • Golf Course Community
  • Outdoor Pool
  • Vaulted Ceiling

About This Home

As of July 2024

434 Cresta Road gives buyers the opportunity to own an immaculately maintained ski-in ski-out home. This 5 bedroom 6 bath plus den townhome was thoughtfully renovated in fall of 2020. This home has a spacious floor plan with abundant natural light in the open living, kitchen and dining area. Located in the private community of Arrowhead, owners enjoy community amenities such as a pool, hot tub and shuttle service. 434 Cresta's proximity to outdoor adventure makes it the perfect seasonal or year-round escape. The serene creekside location offers easy access to skiing, hiking and fishing just minutes from the Edwards Riverwalk's restaurants and shops. Notable amenities include a private hot tub, expansive deck and patio, plus air conditioning. This community has a strong HOA which allows short term rentals.

Last Agent to Sell the Property

James Schoonover

Unlock Luxury License #FA100083718 Listed on: 05/15/2024

Last Buyer's Agent

Jacob Becker

NAV Real Estate

NAV Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,493

Year Built

  • Built in 2002

Lot Details

  • 2,962 Sq Ft Lot

HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage

Property Views

  • Ski Resort
  • Woods
  • Creek or Stream
  • Mountain

Home Design

  • Duplex
  • Frame Construction
  • Slate Roof
  • Synthetic Roof
  • Concrete Perimeter Foundation
  • Stucco
  • Stone

Interior Spaces

  • 4,157 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Indoor Spa
  • Washer and Dryer

Kitchen

  • Built-In Gas Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2105-103-03-028
  • Seller Concessions Offered

Community Details

Overview

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

Amenities

  • Shuttle

Recreation

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,493

Year Built

Built in 2002

Lot Details

0

HOA Fees

$2,920 per month

Parking

2

Listing Details

  • Association HOA Fee: 1800.0
  • HOA Fee Frequency: Annually
  • Master HOA/POA Fee: 4155.0
  • Master HOA/POA Fee Frequency: Quarterly
  • Lot Size Acres: 0.07
  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 2002
  • Road Surface Type: All Year
  • Subdivision Name: Cresta
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Entry Location: 2
  • Fireplace Features: Gas
  • Furnished: Furnished
  • Interior Amenities: Fireplace - Gas, Multi-Level, Patio, Primary Downstairs, Spa/Hot Tub, Vaulted Ceiling(s), Balcony
  • Appliances: Built-In Gas Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Washer/Dryer, Wine Cooler
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Wood
  • Living Area: 4157.0
  • 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:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Range Hood: Yes
  • Interior Features:Patio: Yes
  • Interior Features:SpaHot Tub: Yes
  • Interior Features:Balcony: Yes
  • Appliances Included:Built-In Gas Oven: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Wine Cooler: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: Slate, Synthetic
  • View: Creek/Stream, Mountain(s), Ski Slopes, Trees/Woods
  • Pool Features: Outdoor Pool
  • Construction Type: Stone, Stucco, 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: Attached Garage, Garage, Heated Garage, Other
  • General Info:Garage2: Yes
  • Parking:Heated Garage: Yes
  • Parking:Garage3: Yes
  • Parking:Other6: Yes
  • General Info:_pound_ of Garage Stalls: 2.0
  • Parking:Attached Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas, Radiant
  • Sewer: Sewer Connected
  • Water Source: Domestic Water Right
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Golf, Pool, Shuttle Service, Tennis Court(s), Trail(s)
  • Amenities: Pool, Shuttle Service, Spa/Hot Tub, Tennis Court(s), Other
  • Association #2 Fee: 4155.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 1800.0
  • Association Fee Frequency: Annually
  • Pets Allowed: Yes

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
  • HOAComm Amenities:Tennis Court(s): Yes
  • HOAComm Amenities:Other7: Yes
  • Keywords Info:Association YN: Yes

Fee Information

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

Lot Info

  • Lot Size Sq Ft: 2962.0
  • Parcel #: 2105-103-03-028
  • Land Lease: No
  • Zoning: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 20492.96
  • Tax Year: 2023

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jul 8, 2024
Sold by
Cresta 3H Llc
Bought by
May Jeremy and Shottenkirk Toni
Seller's Agent
James Schoonover
Unlock Luxury
Buyer's Agent
Jacob Becker
NAV Real Estate
List Price
$6,500,000
Sold Price
$6,500,000
Views
6
Current Estimated Value
$6,377,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$122,992
Avg. Annual Appreciation
-1.27%
Original Mortgage
$2,000,000
Outstanding Balance
$1,973,635
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$4,403,373

Purchase Details

Listed on
Jul 24, 2020
Closed on
Oct 5, 2020
Sold by
Harper Jay V and Harper Deborah D
Bought by
Cresta 3H Llc
Seller's Agent
Chadd Ziegler
Christiania Realty, Inc.
Buyer's Agent
James Schoonover
Unlock Luxury
List Price
$3,645,000
Sold Price
$3,375,000
Premium/Discount to List
-$270,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.77%

Purchase Details

Listed on
Jul 24, 2020
Closed on
Sep 17, 2020
Sold by
Wineight Llc
Bought by
Harper Jay V and Harper Deborah D
Seller's Agent
Chadd Ziegler
Christiania Realty, Inc.
Buyer's Agent
James Schoonover
Unlock Luxury
List Price
$3,645,000
Sold Price
$3,375,000
Premium/Discount to List
-$270,000
-7.41%

Purchase Details

Listed on
Dec 30, 2010
Closed on
Sep 20, 2012
Sold by
Niciforo Joseph and Niciforo Anne Marie
Bought by
Wineight Llc
Seller's Agent
Matt Iverson
Slifer Smith & Frampton - Arrowhead
Buyer's Agent
Chadd Ziegler
LIV Sotheby's Int. Realty-Vail Mountain Haus
List Price
$3,495,000
Sold Price
$2,875,000
Premium/Discount to List
-$620,000
-17.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.02%
Original Mortgage
$1,868,750
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 1, 2008
Sold by
Fendrich Stephen G and Fendrich Lisa M
Bought by
Niciforo Joseph and Niciforo Anne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,668,750
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2005
Sold by
B Gentry Ventures Ltd
Bought by
Fendrich Stephen G and Fendrich Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2003
Sold by
Cresta Run Llc
Bought by
B Gentry Ventures Ltd
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
May Jeremy $6,500,000 Title Company
Cresta 3H Llc -- None Available
Harper Jay V $3,375,000 Land Title Guarantee Company
Wineight Llc $2,875,000 Land Title Guarantee Company
Niciforo Joseph $3,812,500 Land Title Guarantee Company
Fendrich Stephen G $2,700,000 Land Title
B Gentry Ventures Ltd $2,400,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Jeremy $2,000,000
Previous Owner Wineight Llc $1,868,750
Previous Owner Niciforo Joseph $2,668,750
Previous Owner Fendrich Stephen G $1,900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2024 07/08/24 Sold $6,500,000 0.0% $1,564 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $6,500,000 +92.6% $1,564 / Sq Ft
09/17/2020 09/17/20 Sold $3,375,000 -7.4% $812 / Sq Ft View Prior Sale
08/19/2020 08/19/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $3,645,000 +26.8% $877 / Sq Ft
09/20/2012 09/20/12 Sold $2,875,000 -17.7% $702 / Sq Ft View Prior Sale
07/14/2012 07/14/12 Pending -- -- --
12/30/2010 12/30/10 For Sale $3,495,000 -- $853 / 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 $20,493 $374,150 $61,450 $312,700
2023 $20,493 $374,150 $61,450 $312,700
2022 $13,329 $193,100 $49,520 $143,580
2021 $13,541 $198,660 $50,940 $147,720
2020 $14,279 $202,850 $50,940 $151,910
2019 $14,212 $202,850 $50,940 $151,910
2018 $13,423 $184,070 $43,560 $140,510
2017 $13,310 $184,070 $43,560 $140,510
2016 $16,282 $224,420 $48,160 $176,260
2015 -- $224,420 $48,160 $176,260
2014 $12,051 $181,550 $39,400 $142,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 1009439

Vail Multi-List Service

APN: R054252