NOT LISTED FOR SALE

55 Kit Way Edwards, CO 81632

Estimated Value: $4,058,607 - $4,823,000

5 Beds
4.5 Baths
6,343 Sq Ft
$720/Sq Ft Est. Value

Last Sold November 03, 2020

Last sale price $2,695,000 $425 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $26,995/month

2 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • 1.66 Acre Lot
  • Equestrian Center
  • Spa
  • Clubhouse

About This Home

As of November 2020

Absolutely stunning home in the lower Summit. Beautifully remodeled main level; impressive kitchen with large slab granite center island, voluminous living room, and magnificent hickory floors. Charming office, 4 fireplaces, the perfect floorplan, 5 bedrooms and 3-car garage. Fabulous outdoor living spaces. Secluded treed setting, yet expansive mountain views to Castle Peak. Private street. Special location and home.

Last Agent to Sell the Property

Kent Barker

Slifer Smith & Frampton - Cordillera License #40003830 Listed on: 09/03/2020

Co-Listed By

Stacy Knox

Slifer Smith & Frampton - Cordillera License #FA40004324

Last Buyer's Agent

Tiffany Lydon Weinreich

Slifer Smith & Frampton - Hyatt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,699

Year Built

  • Built in 2000

Lot Details

  • 1.66

Parking

  • 3 Car Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 6,343 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Washer and Dryer

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Steam Shower

Outdoor Features

  • Spa
  • Patio

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Radiant Heating System

Additional Features

  • 1.66 Acre Lot
  • Equestrian Center

Listing and Financial Details

  • Assessor Parcel Number 210709410002
  • Seller Concessions Not Offered

Community Details

Overview

  • Property has a Home Owners Association
  • Cordillera F26 Settlers Park Subdivision

Amenities

  • Shuttle
  • Clubhouse
  • Community Center

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,699

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Resort Fee: 3000.0
  • Resort Fee Frequency: Annually
  • Entry Level: 1
  • Lot Size Acres: 1.66
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 2000
  • Road Surface Type: All Year
  • Subdivision Name: Cordillera F26 - Settlers Park
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Financing Information Transfer Fee: 2.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Entry Location: 1
  • Furnished: Partially
  • Interior Amenities: Fireplace - Gas, Patio, Spa/Hot Tub, Vaulted Ceiling(s), Steam Shower
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Washer/Dryer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Tile, Wood
  • Living Area: 6343.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Range Hood: Yes
  • Interior Features:Patio: Yes
  • Interior Features:SpaHot Tub: Yes
  • Interior Features:Steam Shower: Yes
  • Neighborhood Features:Community Center: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Roof: Shake
  • Construction Type: Wood Siding
  • Foundation Details: Poured in Place
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Garage
  • General Info:Garage2: Yes
  • Parking:Garage3: Yes
  • General Info:_pound_ of Garage Stalls: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Radiant
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Trash, Water Available
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

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

Association/Amenities

  • HOAComm Amenities:Fitness Center: Yes
  • HOAComm Amenities:Pool2: Yes
  • HOAComm Amenities:Shuttle Service: Yes
  • HOAComm Amenities:SpaHot Tub2: Yes
  • Documents:Association Documents: Yes
  • HOAComm Amenities:Clubhouse: Yes
  • HOAComm Amenities:Tennis Court(s): Yes
  • Keywords Info:Association YN: Yes

Lot Info

  • Lot Size Sq Ft: 72310.0
  • Parcel #: 210709410002
  • Land Lease: No
  • Zoning: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 15699.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2023
Sold by
Lamb Todd G and Lamb Stacey
Bought by
Lamb Summit House Llc
Current Estimated Value
$4,568,902

Purchase Details

Listed on
Sep 3, 2020
Closed on
Nov 3, 2020
Sold by
Bene Thomas L and Bene Susannah Harkins
Bought by
Lamb Todd G and Lamb Stacey
Seller's Agent
Kent Barker
Slifer Smith & Frampton - Cordillera
Buyer's Agent
Tiffany Lydon Weinreich
Slifer Smith & Frampton - Hyatt
List Price
$2,695,000
Sold Price
$2,695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%
Original Mortgage
$1,000,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2019
Sold by
Laswell Gregg C and Laswell Claudia N
Bought by
Thomas L Bene Revocable Trust

Purchase Details

Closed on
Jul 1, 2004
Sold by
Lodgepole Pine Llc
Bought by
Bene Thomas L and Bene Susannah Harkins

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
3.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 15, 1999
Sold by
Stag Gulch Partners
Bought by
Lodgepole Pine Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,750
Interest Rate
7.83%
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 Buyer Sale Price Title Company
Lamb Summit House Llc -- None Listed On Document
Lamb Todd G $2,695,000 Title Company Of The Rockies
Thomas L Bene Revocable Trust -- None Available
Bene Thomas L $1,622,500 Land Title
Lodgepole Pine Llc $275,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lamb Todd G $1,700,000
Previous Owner Lamb Todd G $1,000,000
Previous Owner Bene Thomas L $525,000
Previous Owner Lodgepole Pine Llc $178,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2020 11/03/20 Sold $2,695,000 0.0% $425 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $2,695,000 -- $425 / 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 $18,510 $227,470 $23,740 $203,730
2023 $18,510 $227,470 $23,740 $203,730
2022 $14,911 $143,520 $10,770 $132,750
2021 $16,955 $147,650 $11,080 $136,570
2020 $16,660 $139,330 $9,420 $129,910
2019 $15,700 $131,660 $9,420 $122,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 1001061

Vail Multi-List Service

APN: 210709410002