NOT LISTED FOR SALE

73 the Summit Trail Edwards, CO 81632

Estimated Value: $4,623,000 - $5,426,000

7 Beds
8 Baths
6,697 Sq Ft
$758/Sq Ft Est. Value

Last Sold April 08, 2021

Last sale price $3,115,000 $465 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $29,238/month

23 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Fishing
  • Equestrian Center
  • Spa
  • View of Trees or Woods

About This Home

As of April 2021

If you strive to find a truly majestic Cordillera mountain home with extraordinary views, look no further than 73 The Summit Trail. Completed in 2008 by Meadow Mountain Homes, this 6,697 square foot residence resides on a .98 acre home site just above the main Summit athletic center with its tennis courts, fully equipped gym and Olympic sized pool. Appreciation of the massive, panoramic Gore Range views begins at the two-story dry stacked stone entry where it becomes immediately obvious that the masons chose the stone in the home to match the surrounding hills. The views expand from the entry across freshly re-finished hickory floors and through the vaulted great room with its commanding floor to ceiling dry-stacked fireplace. Watch the evening alpenglow turn the peaks pink while creating delicious dishes in the gourmet kitchen fitted with Wolf, Sub-zero, Asko and Meile appliances tucked between luxurious alder wood cabinets provided by Cutting Edge Cabinet Makers of Leadville, CO. Over 1,000 square feet of main level deck space invite outdoor entertaining, or simply bask in the morning sun as it rises in the eastern sky. Four distinct sleeping areas and a large family room provide coveted privacy and fun gathering space when the home bursts with family and guests, yet the main level living area with its private master suite feels cozy and intimate when only two might remain at home. Special features include an oversized three car garage, a cascading summer water feature, a DaVinci synthetic roof and Eagle County's 2008 award for energy efficient building.

Last Agent to Sell the Property

John R. Tyler

Slifer Smith & Frampton - 281 Bridge Street License #FA40042459 Listed on: 01/15/2021

Co-Listed By

Rick Pirog

Slifer Smith & Frampton - 281 Bridge Street License #00135901

Last Buyer's Agent

Peter Seibert

Slifer Smith & Frampton- Lionshead License #EA1294445

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,658

Year Built

  • Built in 2008

Lot Details

  • 0.98 Acre Lot
  • On Golf Course

HOA Fees

  • $233 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Heated Garage
  • Surface Parking

Property Views

  • Woods
  • Mountain
  • Valley

Home Design

  • Poured Concrete
  • Frame Construction
  • Synthetic Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 6,697 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Spa
  • Deck
  • Patio

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 210709406030
  • Seller Concessions Offered

Community Details

Overview

  • Association fees include common area maintenance, insurance, security
  • Cordillera F27 Settlers Wood Subdivision

Amenities

  • Shuttle
  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,658

Year Built

Built in 2008

Lot Details

0

HOA Fees

$233 per month

Parking

3

Listing Details

  • Association HOA Fee: 2800.0
  • HOA Fee Frequency: Annually
  • Entry Level: 2
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.98
  • Property Access Months Accessible: 12
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 3
  • Year Built: 2008
  • Road Surface Type: All Year
  • Subdivision Name: Cordillera F27 - Settlers Wood
  • Garage Yn: Yes
  • Tax Parcel Letter: Yes
  • Financing Information Transfer Fee: 2.0
  • Percent Basement Finished: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Has Basement: Finished
  • Entry Location: 2
  • Fireplace Features: Gas
  • Furnished: Unfurnished
  • Interior Amenities: Fireplace - Gas, Jetted Bath, Multi-Level, Patio, Satellite Dish, Spa/Hot Tub, Vaulted Ceiling(s), Wired for Cable
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Washer/Dryer, Wine Cooler
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Tile, Wood
  • Living Area: 6697.0
  • ResoLivingAreaSource: Appraiser
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Range: Yes
  • Appliances Included:Refrigerator: Yes
  • Interior Features:Fireplace - Gas: Yes
  • Interior Features:Multi-Level: Yes
  • Interior Features:Satellite Dish: 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:Wired for Cable: Yes
  • Appliances Included:Range Hood: Yes
  • Interior Features:Patio: Yes
  • Interior Features:SpaHot Tub: 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: Synthetic, See Remarks
  • View: Mountain(s), Trees/Woods, Valley
  • Waterfront Features: See Remarks
  • Lot Features: On Golf Course, See Remarks
  • Construction Type: Stone, Wood Siding
  • Foundation Details: Poured in Place
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes
  • Waterfront Features:See Remarks23: Yes
  • Patio and Porch Features:Patio2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Heated Garage, Surface
  • Total Parking Spaces: 4.0
  • General Info:Garage2: Yes
  • Parking:Heated Garage: Yes
  • Parking Surface: Yes
  • General Info:_pound_ of Garage Stalls: 3.0

Utilities

  • Cooling: Exhaust Fan
  • Heating: Natural Gas, Radiant
  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Satellite, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Cross Country Trail(s), Equestrian Center, Fishing, Fitness Center, Golf, Pool, Shuttle Service, Tennis Court(s), Trail(s)
  • Amenities: Clubhouse, Fitness Center, Pool, Shuttle Service, Tennis Court(s)
  • Association Fee: 2800.0
  • Association Fee Frequency: Annually
  • Pets Allowed: Yes

Association/Amenities

  • HOAComm Amenities:Fitness Center: Yes
  • HOAComm Amenities:Pool2: Yes
  • HOAComm Amenities:Shuttle Service: Yes
  • AssociationHOA Fee Includes:Common Area Maintenance: Yes
  • Documents:Association Documents: Yes
  • AssociationHOA Fee Includes:Insurance: Yes
  • HOAComm Amenities:Clubhouse: Yes
  • HOAComm Amenities:Tennis Court(s): Yes
  • AssociationHOA Fee Includes:Security: Yes
  • Keywords Info:Association YN: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Insurance, Security

Lot Info

  • Current Use: Other
  • Lot Size Sq Ft: 42689.0
  • Parcel #: 210709406030
  • Land Lease: No
  • Zoning: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 20658.0
  • Tax Lot: 31
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Apr 8, 2021
Sold by
Longo George and Longo Lisa
Bought by
Gobec Matthew and Gobec Doris
Seller's Agent
John R. Tyler
Slifer Smith & Frampton - 281 Bridge Street
Buyer's Agent
Peter Seibert
Slifer Smith & Frampton- Lionshead
List Price
$3,195,000
Sold Price
$3,115,000
Premium/Discount to List
-$80,000
-2.5%
Current Estimated Value
$5,076,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,961,536
Avg. Annual Appreciation
10.60%

Purchase Details

Closed on
Apr 5, 2016
Sold by
Smith Hal W and Smith Sandra S
Bought by
Longo George and Longo Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,856,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 30, 2010
Sold by
Tts&H Llc
Bought by
Smith Hal W and Smith Sandra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 10, 2010
Sold by
Lot 31 Llc
Bought by
Belinda Monson Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,850,000
Interest Rate
4.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 31, 2008
Sold by
Monson Eric
Bought by
Lot 31 Llc

Purchase Details

Closed on
Oct 5, 2006
Sold by
Ouaknine Elie
Bought by
Monson Eric and Marks Richard S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2001
Sold by
Boca Settlors Park Group Llc
Bought by
Quaknine Elie

Purchase Details

Closed on
Jan 25, 1999
Sold by
Stag Gulch Partners
Bought by
Boca Settlors Park Group Llc
Source: Public Records

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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
Gobec Matthew $3,115,000 Land Title Guarantee Co
Longo George $2,475,000 Land Title Guarantee Company
Smith Hal W -- None Available
Tts&H Llc $2,325,000 Land Title Guarantee Company
Belinda Monson Revocable Trust -- None Available
Lot 31 Llc -- None Available
Monson Eric -- None Available
Monson Eric $262,500 Land Title Guarantee Company
Quaknine Elie $382,500 Land Title
Boca Settlors Park Group Llc $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Longo George $1,856,000
Previous Owner Tts&H Llc $225,000
Previous Owner Monson Belinda $2,850,000
Previous Owner Lot 31 Llc $2,400,000
Previous Owner Monson Eric $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2021 04/08/21 Sold $3,115,000 -2.5% $465 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $3,195,000 -- $477 / 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 $24,764 $304,320 $29,790 $274,530
2023 $24,764 $304,320 $29,790 $274,530
2022 $20,703 $199,260 $6,950 $192,310
2021 $23,540 $204,990 $7,150 $197,840
2020 $20,659 $172,770 $7,200 $165,570
2019 $20,602 $172,770 $7,200 $165,570
2018 $22,693 $178,200 $7,290 $170,910
2017 $21,602 $178,200 $7,290 $170,910
2016 $25,779 $220,710 $7,880 $212,830
2015 -- $220,710 $7,880 $212,830
2014 $18,101 $149,400 $8,670 $140,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 1001983

Vail Multi-List Service

APN: R047802