Jay Baiel
Engel & Völkers Vail
(480) 467-3404
38 Total Sales
4 in Edwards
$835K - $1.6M Price Range
524 Red Draw Edwards, CO 81632
Edwards AreaEstimated Value: $5,270,994 - $6,166,000
6
Beds
5.5
Baths
7,695
Sq Ft
$730/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Fitness Center
- Fishing
- Equestrian Center
- Indoor Spa
- 1.27 Acre Lot
About This Home
As of May 2016Expansive areas for entertaining flow easily inside and out of this dramatic home. Old World meets new with 100-year-old milled wood floors, hand-hewn beams, stone accent walls, arches and fireplaces complementing a cutting-edge kitchen, custom media room and over 1,800 sf of decks and patios. Main-floor master is perfect for the couple in residence, and there's plenty of room when family is in town, with additional bedrooms and generous 2-bedroom guest suite. Beautiful private wooded setting.
Last Agent to Sell the Property
Pam Horan-Kates
Slifer Smith & Frampton - Cordillera License #EA1244545 Listed on: 06/02/2015
Last Buyer's Agent
Non Member
Non Member Office
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,693
Year Built
- Built in 2008
Lot Details
- 1.27
HOA Fees
- $233 Monthly HOA Fees
Parking
- 3 Car Garage
Home Design
- Frame Construction
- Shake Roof
- Concrete Perimeter Foundation
- Stone
Interior Spaces
- 7,695 Sq Ft Home
- 3-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Gas Fireplace
- Indoor Spa
- Mountain Views
- Washer and Dryer
Kitchen
- Built-In Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 6 Bedrooms
- Hydromassage or Jetted Bathtub
Outdoor Features
- Deck
- Patio
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Cable TV Available
Additional Features
- 1.27 Acre Lot
- Equestrian Center
Listing and Financial Details
- Assessor Parcel Number 210710407006
- Seller Concessions Offered
Community Details
Overview
- Association fees include common area maintenance, electricity, security, snow removal
- Cordillera F10 Red Draw 1 Red Tail Rid Subdivision
Amenities
- Shuttle
- Clubhouse
Recreation
- Golf Course Community
- Tennis Courts
- Racquetball
- Fitness Center
- Community Pool
- Community Spa
- Fishing
- Trails
- Snow Removal
Security
- Front Desk in Lobby
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 2, 2015
Closed on
May 3, 2016
Sold by
Norris Joel W and Norris Sheryl M
Bought by
Seller's Agent
Pam Horan-Kates
Slifer Smith & Frampton - Cordillera
Buyer's Agent
Non Member
Non Member Office
List Price
$3,385,000
Sold Price
$2,313,000
Premium/Discount to List
-$1,072,000
-31.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,304,999
Avg. Annual Appreciation
8.96%
Original Mortgage
$2,081,700
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 22, 2012
Sold by
Joel W Norris Trust
Bought by
Norris Joel W and Norris Sheryl M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.57%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 6, 2010
Sold by
Norris Joel and Norris Sheryl Ann
Bought by
Joel W Norris Trust and Sheryl M Norris Trust
Purchase Details
Closed on
May 14, 2008
Sold by
K Real Estate Development Llc
Bought by
Norris Joel and Norris Sheryl Ann
Purchase Details
Closed on
Jul 31, 2006
Sold by
Mottek Peter S and Mottek Mercedes C
Bought by
K Real Estate Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,856,693
Interest Rate
6.66%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 7, 1997
Sold by
Tuthill Howard B
Bought by
Mottek Peter S and Mottek Mercedes C
Purchase Details
Closed on
Aug 1, 1994
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Edwards, CO
-
Jay Baiel
-
Benjamin Finn
Benjamin Finn
Compass
(970) 401-7815
64 Total Sales
4 in Edwards
$680K - $2.2M Price Range
-
Kristie Long
Kristie Long
Coldwell Banker Mtn Properties
(970) 445-1237
28 Total Sales
2 in Edwards
$715K - $1.8M Price Range
-
Rebecca Wydra
Rebecca Wydra
LIV Sotheby's Int. Realty-Vail Mountain Haus
(720) 734-6627
24 Total Sales
2 in Edwards
$410K - $915K Price Range
-
Chloe Rogers
Chloe Rogers
Mountain Valley Homes
(970) 471-7235
22 Total Sales
1 in Edwards
$1,750,000 Price
-
Michelle Clifford
Michelle Clifford
eXp Realty LLC
(844) 722-1891
188 Total Sales
2 in Edwards
$1,924,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,313,000 | Land Title Guarantee Company | ||
| Norris Joel W | -- | Fidelity National Title Insu | |
| Joel W Norris Trust | -- | None Available | |
| Norris Joel | $2,900,000 | Fahtco | |
| K Real Estate Development Llc | $198,000 | Land Title Guarantee Company | |
| Mottek Peter S | $191,500 | Land Title | |
| -- | $165,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,221,435 | ||
| Closed | Musso Christopher S | $2,081,700 | |
| Previous Owner | Norris Joel W | $500,000 | |
| Previous Owner | K Real Estate Development Llc | $1,856,693 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/03/2016 05/03/16 | Sold | $2,313,000 | -31.7% | $301 / Sq Ft |
| 03/15/2016 03/15/16 | Pending | -- | -- | -- |
| 06/05/2014 06/05/14 | For Sale | $3,385,000 | -- | $440 / Sq Ft |
Source: Vail Multi-List Service
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $21,483 | $308,940 | $18,750 | $290,190 |
| 2024 | $20,804 | $256,240 | $19,820 | $236,420 |
| 2023 | $20,804 | $256,240 | $19,820 | $236,420 |
| 2022 | $15,717 | $151,650 | $10,770 | $140,880 |
| 2021 | $17,879 | $156,020 | $11,080 | $144,940 |
| 2020 | $16,899 | $141,620 | $7,200 | $134,420 |
| 2019 | $16,853 | $141,620 | $7,200 | $134,420 |
| 2018 | $18,554 | $145,990 | $7,290 | $138,700 |
| 2017 | $17,661 | $145,990 | $7,290 | $138,700 |
| 2016 | $20,129 | $172,730 | $6,450 | $166,280 |
| 2015 | -- | $172,730 | $6,450 | $166,280 |
| 2014 | $14,079 | $116,490 | $6,780 | $109,710 |
Source: Public Records
Agents Affiliated with this Home
-
PH
Seller's Agent in 2016
Pam Horan-Kates
Slifer Smith & Frampton - Cordillera
-
Led Gardner
Seller Co-Listing Agent in 2016
Led Gardner
Slifer Smith & Frampton- 230 Bridge Street
(970) 376-0223
42 Total Sales
-
NM
Buyer's Agent in 2016
Non Member
Non Member Office
Map
Source: Vail Multi-List Service
MLS Number: 920653
APN: R040923
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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