NOT LISTED FOR SALE

650 Homestead Dr Edwards, CO 81632

Estimated Value: $2,760,000 - $3,202,000

4 Beds
4.5 Baths
3,843 Sq Ft
$759/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $1,995,000 $519 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $16,003/month

1 Day on Market

Highlights

  • Fitness Center
  • Vaulted Ceiling
  • Community Pool
  • Mountain View
  • Radiant Floor
  • Tennis Courts

About This Home

As of September 2021

Beautifully remodeled home with everything done from top to bottom. This 4- bedroom/ 5-bath home features an open floor plan with a brand new kitchen, a main floor primary bedroom with beautiful white bathroom, 2 other en-suite bedrooms on the main floor and a second primary bedroom on the lower level. Very light with new windows and views from all sides.
Courtyards surround the home with plenty of outdoor space.

Last Agent to Sell the Property

Heather Lemon

Slifer Smith & Frampton/Avon License #FA40014272 Listed on: 07/28/2021

Last Buyer's Agent

Eric Burgund

Slifer Smith & Frampton - Highlands License #EA040020097

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,314

Year Built

  • Built in 1989

Lot Details

  • 0.33

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Mountain
  • Meadow

Home Design

  • Entry on the 2nd floor
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3,843 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Reclaimed Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Patio
  • 0.33 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 210508204011
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include club membership
  • Homestead 1 Subdivision

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,314

Year Built

Built in 1989

Lot Details

0

HOA Fees

$105 per month

Parking

2

Listing Details

  • Association HOA Fee: 105.0
  • HOA Fee Frequency: Monthly
  • Entry Level: 2
  • Lot Size Acres: 0.33
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Year Built: 1989
  • Road Surface Type: All Year
  • Subdivision Name: Homestead 1
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Entry Location: 2
  • Fireplace Features: Gas
  • Furnished: Partially
  • Interior Amenities: Fireplace - Gas, Multi-Level, Vaulted Ceiling(s)
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Wall Oven, Washer, Washer/Dryer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Reclaimed Wood, Tile, Wood
  • Living Area: 3843.0
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Interior Features:Multi-Level: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Gas3: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Range Hood: Yes
  • Appliances Included:Wall Oven: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • View: Meadow, Mountain(s)
  • Construction Type: Wood Siding
  • Foundation Details: Poured in Place
  • Construction:Frame: Yes
  • Patio and Porch Features:Patio2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Info:Garage2: Yes
  • Parking:Garage3: Yes
  • General Info:_pound_ of Garage Stalls: 2.0

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas, Radiant Floor
  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Trash, Water Available
  • Heating:Natural Gas: Yes
  • Heating:Radiant Floor: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Cross Country Trail(s), Fitness Center, Pool, Tennis Court(s), Trail(s)
  • Amenities: Fitness Center, Pool, Tennis Court(s)
  • Association Fee: 105.0
  • Association Fee Frequency: Monthly

Association/Amenities

  • HOAComm Amenities:Fitness Center: Yes
  • HOAComm Amenities:Pool2: Yes
  • HOAComm Amenities:Tennis Court(s): Yes
  • AssociationHOA Fee Includes:Club Membership: Yes
  • Keywords Info:Association YN: Yes

Fee Information

  • Association Fee Includes: Club Membership

Lot Info

  • Lot Size Sq Ft: 14375.0
  • Parcel #: 210508204011
  • Land Lease: No
  • Zoning: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5314.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Sep 14, 2021
Sold by
Merchant Marjorie W and Merchant William T
Bought by
Weisman Virginia A and Weisman James L
Seller's Agent
Heather Lemon
Slifer Smith & Frampton/Avon
Buyer's Agent
Eric Burgund
Slifer Smith & Frampton - Highlands
List Price
$1,995,000
Sold Price
$1,995,000
Current Estimated Value
$2,915,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$920,507
Avg. Annual Appreciation
9.11%
Original Mortgage
$500,000
Outstanding Balance
$454,284
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,461,223

Purchase Details

Closed on
Jun 25, 2015
Sold by
Merchant Marjorie and Merchant Thomas
Bought by
Merchant Marjorie W and Merchant William T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 7, 2011
Closed on
May 15, 2012
Sold by
Peterson Erik W and Peterson Lorrie A
Bought by
Merchant Marjorie and Merchant Thomas
Seller's Agent
Andrew Keiser
Berkshire Hathaway-Villa M.
Buyer's Agent
Heather Lemon
Slifer Smith & Frampton R.E.
List Price
$985,000
Sold Price
$807,000
Premium/Discount to List
-$178,000
-18.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%
Original Mortgage
$625,500
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2003
Sold by
Ozawa William T
Bought by
Peterson Erik W and Peterson Lorrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2001
Sold by
Ozawa William T and Ozawa Elaine R
Bought by
Livin William T and Livin Elaine Ozawa Revocable
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Weisman Virginia A $1,995,000 Land Title Guarantee
Merchant Marjorie W -- Land Title Guarantee Company
Merchant Marjorie $807,000 Land Title Guarantee Company
Peterson Erik W $210,000 Stewart Title Of Vail Inc
Livin William T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weisman Virginia A $500,000
Previous Owner Merchant Marjorie W $598,000
Previous Owner Merchant Marjorie $625,500
Previous Owner Peterson Erik W $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2021 09/20/21 Sold $1,995,000 0.0% $519 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $1,995,000 +147.2% $519 / Sq Ft
05/15/2012 05/15/12 Sold $807,000 -18.1% $210 / Sq Ft View Prior Sale
03/19/2012 03/19/12 Pending -- -- --
05/17/2011 05/17/11 For Sale $985,000 -- $256 / Sq Ft
Source: Vail Multi-List Service

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 $8,932 $171,920 $23,610 $148,310
2023 $8,932 $171,920 $23,610 $148,310
2022 $6,000 $100,230 $22,240 $77,990
2021 $6,084 $103,110 $22,880 $80,230
2020 $5,314 $90,480 $22,880 $67,600
2019 $5,284 $90,480 $22,880 $67,600
2018 $4,937 $82,600 $18,580 $64,020
2017 $4,886 $82,600 $18,580 $64,020
2016 $4,749 $79,960 $19,500 $60,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 1003441

Vail Multi-List Service

APN: R022436