NOT LISTED FOR SALE

500 Red Draw Edwards, CO 81632

Estimated Value: $4,099,000 - $4,962,000

4 Beds
6 Baths
5,000 Sq Ft
$870/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $1,750,000 $350 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $24,603/month

178 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • View of Trees or Woods
  • Equestrian Center
  • Fishing
  • 1.27 Acre Lot

About This Home

As of May 2014

A wonderful four bedroom plus study, single family residence near the Trailhead Recreation Center on the Ranch at Cordillera. Beautiful handcrafted finishes with a large gourmet kitchen and main floor master bedroom. Spacious outdoor patios for entertaining. Oversize three car garage.; Over 3 Car Garage

Last Agent to Sell the Property

Robert Barker

Slifer Smith & Frampton - Cordillera License #EA01048355 Listed on: 04/05/2014

Last Buyer's Agent

Scott Skelton

Slifer Smith & Frampton - Hyatt License #EA212311

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,755

Year Built

  • Built in 2007

Lot Details

  • 1.27

Parking

  • 3 Car Garage

Property Views

  • Woods
  • Mountain
  • Valley

Home Design

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

Interior Spaces

  • 5,000 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Washer and Dryer

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • No Cooling
  • Radiant Heating System
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Additional Features

  • 1.27 Acre Lot
  • Equestrian Center

Listing and Financial Details

  • Assessor Parcel Number 210710407005
  • Seller Concessions Not Offered

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include electricity, security
  • Cordillera F10 Red Draw 1 Red Tail Rid Subdivision

Amenities

  • Clubhouse
  • Community Center

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Fishing
  • Trails
  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,755

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Resort Fee: 2600.0
  • Resort Fee Frequency: Annually
  • Lot Size Acres: 1.27
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 2007
  • Subdivision Name: Cordillera F10 - Red Draw 1 Red Tail Rid
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Entry Location: 2
  • Furnished: Unfurnished
  • Interior Amenities: Patio, Satellite Dish, Vaulted Ceiling(s), Wired for Cable
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Washer/Dryer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Stone, Wood
  • Living Area: 5000.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Satellite Dish: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Interior Features:Wired for Cable: Yes
  • Appliances Included:Cooktop: Yes
  • Interior Features:Patio: Yes
  • Neighborhood Features:Community Center: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: Tile
  • View: Mountain(s), Trees/Woods, Valley, 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: None
  • Heating: Radiant
  • Sewer: Sewer Connected
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Satellite, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Clubhouse, Community Center, Equestrian Center, Fishing, Golf, Tennis Court(s), Trail(s)
  • Amenities: Fitness Center, Tennis Court(s), Other

Association/Amenities

  • HOAComm Amenities:Fitness Center: 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

Fee Information

  • Association Fee Includes: Electricity, Security

Lot Info

  • Lot Size Sq Ft: 55321.0
  • Parcel #: 210710407005
  • Land Lease: No
  • Zoning: Single-family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11754.84
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2014
Closed on
May 29, 2014
Sold by
Merrilees Pamela K
Bought by
Hanson Amy L and Hanson Frank G
Seller's Agent
Robert Barker
Slifer Smith & Frampton - Cordillera
Buyer's Agent
Scott Skelton
Slifer Smith & Frampton - Hyatt
List Price
$1,775,000
Sold Price
$1,750,000
Premium/Discount to List
-$25,000
-1.41%
Current Estimated Value
$4,350,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,600,492
Avg. Annual Appreciation
8.10%
Original Mortgage
$875,000
Outstanding Balance
$302,125
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$3,916,422

Purchase Details

Closed on
Dec 23, 2009
Sold by
White Truck Developers Llc
Bought by
Merrilees Pamela K

Purchase Details

Closed on
Jan 18, 2007
Sold by
Livran Jay E and Livran Susanne K
Bought by
White Truck Developers Llc

Purchase Details

Closed on
Sep 20, 2006
Sold by
Petrone Russell A
Bought by
Livran Russell A and Livran Susanne K

Purchase Details

Closed on
Dec 29, 2005
Sold by
James P Martin Revocable Trust
Bought by
Petrone Russell A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,244
Interest Rate
6.23%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 4, 2003
Sold by
Martin James and Martin Wendy
Bought by
James P Martin Revocable Trust

Purchase Details

Closed on
Nov 6, 1995

Purchase Details

Closed on
Aug 1, 1994
Source: Public Records

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
Hanson Amy L $1,750,000 Land Title Guarantee Company
Merrilees Pamela K $1,620,000 Land Title Guarantee Company
White Truck Developers Llc -- Land Title Guarantee Company
White Truck Developers Llc $280,000 None Available
Livran Russell A $280,000 Stewart Title
Petrone Russell A $232,000 Land Title Guarantee Company
James P Martin Revocable Trust -- --
-- $170,000 --
-- $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanson Amy L $875,000
Previous Owner White Truck Developers Llc $1,580,000
Previous Owner Petrone Russell A $212,244
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $1,750,000 -1.4% $350 / Sq Ft
04/07/2014 04/07/14 Pending -- -- --
10/11/2013 10/11/13 For Sale $1,775,000 -- $355 / 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 $17,089 $210,480 $19,750 $190,730
2023 $17,089 $210,480 $19,750 $190,730
2022 $12,630 $121,860 $10,770 $111,090
2021 $14,365 $125,360 $11,080 $114,280
2020 $13,503 $113,160 $7,200 $105,960
2019 $13,466 $113,160 $7,200 $105,960
2018 $16,012 $125,990 $7,290 $118,700
2017 $15,242 $125,990 $7,290 $118,700
2016 $15,541 $133,360 $6,450 $126,910
2015 -- $133,360 $6,450 $126,910
2014 $12,108 $100,180 $8,670 $91,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 918725

Vail Multi-List Service

APN: R040922