NOT LISTED FOR SALE

551 Forest Trail Edwards, CO 81632

Estimated Value: $3,674,000 - $3,914,000

0.99 Acre
$3,849,605 Price per Acre
43,124 Sq Ft Lot

Last Sold December 31, 2019

Last sale price $100,000

Est. 3,711% increase in value since last sale

Current estimated payment $20,666/month

225 Days on Market

Highlights

  • On Golf Course
  • 0.99 Acre Lot
  • Community Pool
  • Fitness Center
  • Clubhouse
  • Tennis Courts

About This Lot

As of December 2019

The last remaining golf course site on renowned Forest Trail! Enjoy the serenity of this lot which is located in the middle of an aspen grove, with views of the 13th Fairway, Bellyache Ridge and the Gore Range. The lot is easy to build on. Call for a full set of plans and renderings. A must see!

Last Agent to Sell the Property

Corey Lamothe

LIV Sotheby's Int. Realty- Vail Bridge Street Brokerage Phone: 303-918-1644 License #FA40040135 Listed on: 05/07/2019

Last Buyer's Agent

Corey Lamothe

LIV Sotheby's Int. Realty-Vail Mountain Haus

Property Details

Property Type

  • Land

Lot Details

  • 0.99 Acre Lot
  • On Golf Course

Property Views

  • Golf Course
  • Woods
  • Views to the South
  • Mountain

Utilities

  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 210715110005
  • Seller Concessions Not Offered

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, management, taxes
  • Cordillera F18 Aspens Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Snow Removal

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Lot Size Acres: 0.99
  • Property Sub Type: Acreage
  • Prop. Type: Land
  • Road Surface Type: All Year
  • Subdivision Name: Cordillera F18 - Aspens
  • Tax Parcel Letter: Yes
  • Attribution Contact: 303-918-1644
  • Special Features: VirtualTour

Exterior Features

  • View: Golf Course, Mountain(s), South Facing, Trees/Woods
  • Lot Features: On Golf Course

Utilities

  • Sewer: Sewer Available
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Satellite, Sewer Available, Snow Removal, Trash, Water Available

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Fitness Center, Pool, Tennis Court(s), Other

Association/Amenities

  • HOAComm Amenities:Fitness Center: Yes
  • HOAComm Amenities:Pool2: Yes
  • AssociationHOA Fee Includes:Common Area Maintenance: Yes
  • AssociationHOA Fee Includes:Management: Yes
  • Documents:Association Documents: Yes
  • AssociationHOA Fee Includes:Taxes3: Yes
  • HOAComm Amenities:Clubhouse: Yes
  • HOAComm Amenities:Tennis Court(s): Yes
  • HOAComm Amenities:Other7: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Management, Taxes

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 43124.0
  • Parcel #: 210715110005
  • Land Lease: No
  • Zoning: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8293.0
  • Tax Lot: 9
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2020
Sold by
Dantas Michael R
Bought by
Romann James and Mcmurtrie Elizabeth
Current Estimated Value
$3,811,109

Purchase Details

Listed on
May 7, 2019
Closed on
Dec 24, 2019
Sold by
Evans Thomas A
Bought by
Dantas Michael R
Seller's Agent
Corey Lamothe
LIV Sotheby's Int. Realty- Vail Bridge Street
Buyer's Agent
Corey Lamothe
LIV Sotheby's Int. Realty-Vail Mountain Haus
List Price
$350,000
Sold Price
$100,000
Premium/Discount to List
-$250,000
-71.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.63%

Purchase Details

Closed on
Dec 30, 2005
Sold by
Decker David C and Decker Pamela W
Bought by
Evans Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,477
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2000
Sold by
Kutsenda Robert G and Kutsenda Geraldine
Bought by
Decker David C and Decker Pamela W

Purchase Details

Closed on
May 30, 1996
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Romann James $215,000 Title Company Rockies Inc
Dantas Michael R $100,000 Stewart Title
Evans Thomas A $410,000 Land Title Guarantee Company
Decker David C $480,000 Land Title
-- $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evans Thomas A $303,477
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2019 12/31/19 Sold $100,000 -71.4% --
12/18/2019 12/18/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $350,000 -- --
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 $8,380 $172,050 $39,360 $132,690
2023 $8,380 $103,210 $38,810 $64,400
2022 $2,478 $23,910 $14,940 $8,970
2021 $7,145 $62,350 $62,350 $0
2020 $8,582 $71,920 $71,920 $0
2019 $8,559 $71,920 $71,920 $0
2018 $8,293 $65,250 $65,250 $0
2017 $7,894 $65,250 $65,250 $0
2016 $6,083 $52,200 $52,200 $0
2015 -- $52,200 $52,200 $0
2014 $6,940 $57,420 $57,420 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 935065

Vail Multi-List Service

APN: R042266