$1,565,000
SOLD SEP 30, 2013

50 Elk Spring Ct Edwards, CO 81632

5 Beds
5.5 Baths
8,598 Sq Ft
1.11 Acres

Recently Sold

$182 Per Sq Ft

21% Below List Price

294 Days on Market

About This Home

As of October 2017

Best deal in Cordillera! Expansive residence nestled in the woods. Spacious, nicely finished indoor living areas include a wine cellar, elevator, main level master, lower level 2nd kitchen, and expansive deck & patios. A great entertaining home! Located at the end of a quiet street for extra privacy. Hiking trailhead at the end of Elk Springs Lane.

Last Agent to Sell the Property

Valerie Valene

Berkshire Hathaway - Eagle Ranch Listed on: 07/03/2013

Last Buyer's Agent

Erin McDonald

Keller Williams Mtn Properties- Edwards License #FA40034918

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,759

Year Built

2007

Lot Details

0

HOA Fees

$217 per month

Parking

3

Listing Details

  • Association HOA Fee: 2600.0
  • HOA Fee Frequency: Annually
  • Unit Levels: Multi/Split
  • Lot Size Acres: 1.11
  • Property Access Months Accessible: 12
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 2007
  • Road Surface Type: All Year
  • Subdivision Name: Cordillera F7 - Elk Spring
  • Percent Basement Finished: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Has Basement: Finished
  • Entry Location: 2
  • Fireplace Features: Gas
  • Furnished: Unfurnished
  • Interior Amenities: Elevator, Fireplace - Gas, Jetted Bath, Multi-Level, Patio, Vaulted Ceiling(s), Wired for Cable, See Remarks
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Wine Cooler
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Tile, Wood
  • Living Area: 8598.0
  • 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
  • Interior Features:Wired for Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Patio: Yes
  • Interior Features:See Remarks10: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Wine Cooler: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: Shake
  • View: City, Mountain(s), Trees/Woods, See Remarks
  • Lot Features: See Remarks
  • 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: Forced Air, Natural Gas
  • Sewer: Sewer Connected
  • Water Source: Public
  • Laundry Features: Washer Hookup, Other, See Remarks
  • 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:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Fishing, Fitness Center, Golf, Pool, Tennis Court(s), Trail(s)
  • Amenities: Fitness Center, Pool, Spa/Hot Tub, Tennis Court(s), Other
  • Association Fee: 2600.0
  • Association Fee Frequency: Annually

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
  • Documents:Association Documents: Yes
  • AssociationHOA Fee Includes:Electricity: 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, Management, Security, Snow Removal

Lot Info

  • Lot Size Sq Ft: 48352.0
  • Parcel #: 210715104004
  • Land Lease: No
  • Zoning: single family residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 27413.24
  • Tax Block: 1
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2016
Closed on
Oct 6, 2017
Sold by
George P Telepas Trust
Bought by
Christie Llc
Seller's Agent
Kevin Kuebert
Keller Williams Mtn Properties- Edwards
Buyer's Agent
Jennifer Coulson
Keller Williams Mtn Properties- Edwards
List Price
$2,550,000
Sold Price
$2,000,000
Premium/Discount to List
-$550,000
-21.57%
Current Estimated Value
$5,999,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,999,683
Avg. Annual Appreciation
15.94%

Purchase Details

Listed on
Jul 3, 2013
Closed on
Sep 25, 2013
Sold by
First Citizens Bank & Trust Company
Bought by
George P Telepas Trust
Seller's Agent
Valerie Valene
Berkshire Hathaway - Eagle Ranch
Buyer's Agent
Erin McDonald
Keller Williams Mtn Properties- Edwards
List Price
$1,990,000
Sold Price
$1,565,000
Premium/Discount to List
-$425,000
-21.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
Nov 2, 2012
Sold by
50 Elk Springs Court Borrower Llc
Bought by
First Citizens Bank & Trust Company

Purchase Details

Closed on
Dec 16, 2011
Sold by
50 Elk Springs Court Borrower Llc
Bought by
Colorad Capital Bank

Purchase Details

Closed on
Dec 19, 2009
Sold by
Elk Springs 12 Llc
Bought by
50 Elk Springs Court Borrower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,533,292
Interest Rate
4.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 29, 2009
Sold by
Turner Deanna L and Lundell Robert
Bought by
Elk Springs 12 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,966
Interest Rate
1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 10, 2006
Sold by
Conte Richard
Bought by
Turner Deanna L and Lundell Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,750
Interest Rate
6.26%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 8, 2004
Sold by
The Flaherty Trust
Bought by
Conte Richard

Purchase Details

Closed on
Jan 8, 1998
Sold by
Flaherty James F
Bought by
The Flaherty Trust

Purchase Details

Closed on
Jan 31, 1994
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
Trustee Deed $200,000 None Available
Quit Claim Deed $1,565,000 Fidelity National Title Insu
Trustee Deed -- None Available
Deed In Lieu Of Foreclosure -- None Available
Deed In Lieu Of Foreclosure -- None Available
Quit Claim Deed -- None Available
Warranty Deed $300,000 Land Title Guarantee Company
Warranty Deed -- Stewart Title
Interfamily Deed Transfer -- --
Deed $246,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 Commercial
Previous Owner $2,533,292 Unknown
Previous Owner $350,000 Future Advance Clause Open End Mortgage
Previous Owner $151,966 Seller Take Back
Previous Owner $2,437,175 Construction
Previous Owner $204,750 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2017 10/06/17 Sold $2,000,000 -21.6% $233 / Sq Ft
08/07/2017 08/07/17 Pending -- -- --
10/01/2016 10/01/16 For Sale $2,550,000 +62.9% $297 / Sq Ft
09/30/2013 09/30/13 Sold $1,565,000 -21.4% $182 / Sq Ft
09/03/2013 09/03/13 Pending -- -- --
11/13/2012 11/13/12 For Sale $1,990,000 -- $231 / 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 $24,759 $304,950 $59,580 $245,370
2023 $24,759 $304,950 $59,580 $245,370
2022 $17,115 $165,140 $21,550 $143,590
2021 $19,468 $169,890 $22,170 $147,720
2020 $17,941 $150,350 $13,300 $137,050
2019 $17,892 $150,350 $13,300 $137,050
2018 $20,534 $161,570 $9,720 $151,850
2017 $26,150 $216,160 $9,720 $206,440
2016 $25,045 $214,920 $8,600 $206,320
2015 -- $214,920 $8,600 $206,320
2014 $18,752 $155,150 $9,460 $145,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 916169

Vail Multi-List Service

APN: R040461