NOT LISTED FOR SALE

525 Red Draw Edwards, CO 81632

Estimated Value: $4,434,000 - $5,357,000

5 Beds
6 Baths
6,210 Sq Ft
$816/Sq Ft Est. Value

Last Sold March 18, 2019

Last sale price $2,075,000 $334 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $28,250/month

1,343 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • 1.32 Acre Lot
  • Equestrian Center
  • Fishing
  • Mountain View

About This Home

As of March 2019

A custom stone archway leads to the front door of 525 Red Draw, showcasing the warm and inviting interior spaces. The floor plan is open and spacious, with a fine level of finish continued throughout the home. The living room adjoins the chef's kitchen & morning room; a door leads to a deck in the trees; the butler pantry provides extra refrigerator, cabinets, washer & dryer. A dining room allows for more formal entertaining. Downstairs are 4 BR/4B and a comfortable family room. 3-car garage

Last Agent to Sell the Property

Pam Horan-Kates

Slifer Smith & Frampton - Cordillera License #EA1244545 Listed on: 10/02/2018

Last Buyer's Agent

Jill Moneypenny

Slifer Smith & Frampton/St Jam

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,598

Year Built

  • Built in 2006

Lot Details

  • 1.32

Parking

  • 3 Car Garage

Home Design

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

Interior Spaces

  • 6,210 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Mountain Views
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Deck
  • Patio

Utilities

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

Additional Features

  • 1.32 Acre Lot
  • Equestrian Center

Listing and Financial Details

  • Assessor Parcel Number 210710406004
  • Seller Concessions Not Offered

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, electricity, snow removal
  • Cordillera F10 Red Draw 1 Red Tail Rid Subdivision

Amenities

  • Shuttle
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing
  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,598

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Resort Fee: 3000.0
  • Resort Fee Frequency: Annually
  • Lot Size Acres: 1.32
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 2006
  • Subdivision Name: Cordillera F10 - Red Draw 1 Red Tail Rid
  • Financing Information Transfer Fee: 2.0
  • Percent Basement Finished: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Has Basement: Finished
  • Entry Location: 1
  • Fireplace Features: Gas
  • Furnished: Unfurnished
  • Interior Amenities: Fireplace - Gas, Jetted Bath, Patio, Vaulted Ceiling(s)
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Washer/Dryer, Wine Cooler
  • Full Bathrooms: 5
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Wood
  • Living Area: 6210.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Gas3: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Interior Features:Patio: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Wine Cooler: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: Shake
  • View: Mountain(s)
  • 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, Sewer Available, Snow Removal, Trash, Water Available, See Remarks
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Clubhouse, Equestrian Center, Fishing, Fitness Center, Golf, Pool
  • Amenities: Fitness Center, Pool, Shuttle Service, Spa/Hot Tub, Tennis Court(s), Other

Association/Amenities

  • HOAComm Amenities:Fitness Center: Yes
  • HOAComm Amenities:Pool2: Yes
  • HOAComm Amenities:Shuttle Service: Yes
  • HOAComm Amenities:SpaHot Tub2: Yes
  • AssociationHOA Fee Includes:Common Area Maintenance: 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

Fee Information

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

Lot Info

  • Lot Size Sq Ft: 57499.0
  • Parcel #: 210710406004
  • Land Lease: No
  • Zoning: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 19598.12
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2018
Closed on
Mar 18, 2019
Sold by
Slowikowski William H and Slowikowski Nancy B
Bought by
Coleman Michael D and Coleman Heather Dawn
Seller's Agent
Pam Horan-Kates
Slifer Smith & Frampton - Cordillera
Buyer's Agent
Jill Moneypenny
Slifer Smith & Frampton/St Jam
List Price
$2,885,000
Sold Price
$2,075,000
Premium/Discount to List
-$810,000
-28.08%
Current Estimated Value
$5,064,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,989,469
Avg. Annual Appreciation
14.02%
Original Mortgage
$1,800,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2006
Sold by
Lot 16 Red Draw Llc
Bought by
Slowikowski William H and Slowikowski Nancy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2006
Sold by
Monson Investments Llc
Bought by
Lot 16 Red Draw Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2005
Sold by
Monson Investments Inc
Bought by
Monson Investments Llc

Purchase Details

Closed on
Nov 4, 2004
Sold by
Wynnewood Trust
Bought by
Monson Investments Inc

Purchase Details

Closed on
May 25, 2001
Sold by
Spring Richard C and Spring Nancy M
Bought by
Schmitt Anne H

Purchase Details

Closed on
Mar 21, 2000
Sold by
Slowikowski William H
Bought by
Spring Richard C and Spring Nancy M

Purchase Details

Closed on
Aug 1, 1994
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
Coleman Michael D $2,075,000 Land Title Guarantee
Slowikowski William H $2,650,000 Land Title Guarantee Company
Lot 16 Red Draw Llc $630,000 None Available
Monson Investments Llc -- Stewart Title
Monson Investments Inc $230,000 Stewart Title
Schmitt Anne H $318,000 First American Heritage Titl
Spring Richard C $282,500 Land Title
-- $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Coleman Michael D $1,800,000
Previous Owner Slowikowski William H $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2019 03/18/19 Sold $2,075,000 -28.1% $334 / Sq Ft
02/03/2019 02/03/19 Pending -- -- --
06/01/2015 06/01/15 For Sale $2,885,000 -- $465 / 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 $21,522 $265,080 $29,740 $235,340
2023 $21,522 $265,080 $29,740 $235,340
2022 $15,504 $149,590 $10,770 $138,820
2021 $17,636 $153,900 $11,080 $142,820
2020 $18,582 $155,720 $8,870 $146,850
2019 $18,531 $155,720 $8,870 $146,850
2018 $20,589 $162,000 $11,340 $150,660
2017 $19,598 $162,000 $11,340 $150,660
2016 $22,169 $190,240 $10,030 $180,210
2015 -- $190,240 $10,030 $180,210
2014 $16,435 $135,980 $11,030 $124,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 923378

Vail Multi-List Service

APN: R040918