NOT LISTED FOR SALE

48 Granite Way Edwards, CO 81632

Estimated Value: $1,186,173

6 Acres
$183,334 Price per Acre
281,833 Sq Ft Lot

Last Sold October 14, 2021

Last sale price $450,000

Est. 164% increase in value since last sale

Current estimated payment $7,937/month

35 Days on Market

Highlights

  • On Golf Course
  • 6.47 Acre Lot
  • Community Pool
  • Fitness Center
  • Clubhouse
  • Tennis Courts

About This Lot

As of October 2021

The opportunity to own a stunning aspen-laden, 6.47 acres in The Summit will not be available for long! This gorgeous property offers significant privacy, sweeping views to the south and west and massive sunsets to Castle Peak and beyond. The acreage is located at the end of a cul-de-sac and within walking distance to the Summit Clubhouse. Adjacent 2.85 acre homesite, 33 Granite Way, may be purchased for $495,000 to create a magnificent 9-acre estate.

Last Listed By

Suzi Apple

Gateway Real Estate Vail License #00738495 Listed on: 08/12/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,435

Lot Details

  • 6.47 Acre Lot
  • On Golf Course

HOA Fees

  • $250 Monthly HOA Fees

Property Views

  • Golf Course
  • Woods
  • Mountain

Utilities

  • Septic Needed
  • Phone Available

Listing and Financial Details

  • Legal Lot and Block 3 / 5
  • Assessor Parcel Number 2107-153-06-010
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include common area maintenance, management, security, snow removal, trash
  • Cordillera F34 Sum Jacksons Pt G Dust Subdivision

Amenities

  • Clubhouse

Recreation

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

Property Details

Property Type

Land

Est. Annual Taxes

$5,435

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Association HOA Fee: 3000.0
  • HOA Fee Frequency: Annually
  • Lot Size Acres: 6.47
  • Property Sub Type: Acreage
  • Prop. Type: Land
  • Road Surface Type: All Year
  • Subdivision Name: Cordillera F34 - Sum Jacksons Pt G Dust
  • Special Features: None

Exterior Features

  • View: Golf Course, Mountain(s), Trees/Woods
  • Lot Features: On Golf Course

Utilities

  • Sewer: Septic Needed
  • Water Source: Public
  • Utilities: Electricity Available, Phone Available, Snow Removal, Water Available

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Fitness Center, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 3000.0
  • Association Fee Frequency: Annually
  • Pets Allowed: Dogs OK

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:Management: Yes
  • AssociationHOA Fee Includes:Snow Removal2: Yes
  • HOAComm Amenities:Clubhouse: Yes
  • HOAComm Amenities:Tennis Court(s): Yes
  • AssociationHOA Fee Includes:Security: Yes
  • Keywords Info:Association YN: Yes
  • AssociationHOA Fee Includes:Trash2: Yes

Fee Information

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

Lot Info

  • Lot Size Sq Ft: 282051.0
  • Parcel #: 2107-153-06-010
  • Land Lease: No
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5435.32
  • Tax Block: 5
  • Tax Lot: 3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 1999
Sold by
Squaw Creek Realty Corp
Bought by
Pitto J Russell
Total Days on Market
35
Current Estimated Value
$1,186,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Outstanding Balance
$71,424
Interest Rate
7.25%
Estimated Equity
$1,114,749

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
Pitto J Russell $330,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitto J Russell $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $450,000 -18.2% --
09/16/2021 09/16/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $550,000 -- --
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 $12,949 $160,700 $160,700 --
2023 $12,949 $160,700 $160,700 $0
2022 $3,723 $36,190 $36,190 $0
2021 $4,796 $36,190 $36,190 $0
2020 $5,217 $36,190 $36,190 $0
2019 $5,205 $36,190 $36,190 $0
2018 $5,629 $38,360 $38,360 $0
2017 $5,302 $38,360 $38,360 $0
2016 $5,125 $37,580 $37,580 $0
2015 -- $37,580 $37,580 $0
2014 $6,987 $46,860 $46,860 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 1003553

Vail Multi-List Service

APN: R052547