NOT LISTED FOR SALE

940 Summit Trail Edwards, CO 81632

Estimated Value: $4,785,000 - $6,147,328

6 Beds
6.5 Baths
7,407 Sq Ft
$763/Sq Ft Est. Value

Last Sold August 03, 2016

Last sale price $2,550,000 $344 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $31,971/month

95 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Clubhouse
  • Equestrian Center
  • Fishing
  • Deck

About This Home

As of August 2016

Quite possibly the nicest Green Built home in the Summit backing up to the Jack Nicklaus Golf Course with windows that frame the commanding Seven Hermits Mountain Range before you! This Amazing home features massive spruce and lodgepole beams and grand decks and patios with amazing stone finishes, as well as a gourmet kitchen, bar, and wine room. The spacious entertaining areas blend elegant interior spaces with fabulous exterior spaces.. This home is Colorado mountain living at its finest!; Over 3 Car Garage

Last Agent to Sell the Property

Adam Bartlett

Berkshire Hathaway - Vail VLG License #FA040040352 Listed on: 03/21/2016

Berkshire Hathaway - Vail VLG

Last Buyer's Agent

Adam Bartlett

Berkshire Hathaway - Vail VLG License #FA040040352 Listed on: 03/21/2016

Berkshire Hathaway - Vail VLG

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,136

Year Built

  • Built in 2008

Lot Details

  • 2.18 Acre Lot
  • On Golf Course

Parking

  • 3 Car Garage

Property Views

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

Home Design

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

Interior Spaces

  • 7,407 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Deck
  • Patio

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • No Cooling
  • Forced Air Heating System
  • Radiant Heating System
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R721640
  • Seller Concessions Not Offered

Community Details

Overview

  • Property has a Home Owners Association
  • Cordillera F36 Golden Bear Mdws Subdivision

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,136

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Resort Fee: 2500.0
  • Resort Fee Frequency: Annually
  • Lot Size Acres: 2.18
  • Property Access Months Accessible: 12
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 2
  • Average Monthly Electric Expenses: 97.86
  • Average Monthly Gas Expenses: 300.0
  • Monthly Water Expense: 98.28
  • Year Built: 2008
  • Road Surface Type: All Year
  • Subdivision Name: Cordillera F36-golden Bear Mdws
  • Tax Parcel Letter: Yes
  • Percent Basement Finished: Yes
  • Special Features: None
  • 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), Wired for Cable
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Washer/Dryer, Wine Cooler
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Brick, Carpet, Stone, Tile, Wood
  • Living Area: 7407.0
  • 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:Wired for Cable: 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: Golf Course, Meadow, Mountain(s), South Facing, Trees/Woods, Valley
  • Lot Features: On Golf Course
  • Construction Type: Log, 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: Forced Air, Radiant
  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Satellite, Sewer Available, Snow Removal, Trash, Water Available
  • Heating:Radiant: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

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

Association/Amenities

  • HOAComm Amenities:Fitness Center: Yes
  • HOAComm Amenities:Pool2: Yes
  • HOAComm Amenities:SpaHot Tub2: Yes
  • HOAComm Amenities:Clubhouse: Yes
  • HOAComm Amenities:Tennis Court(s): Yes
  • HOAComm Amenities:Other7: Yes

Lot Info

  • Lot Size Sq Ft: 95135.0
  • Parcel #: R721640
  • Land Lease: No
  • Zoning: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 27136.12
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2024
Sold by
Ponce S Daniel S and Ponce Nancy S
Bought by
Herzog Daryl Francis
Current Estimated Value
$5,654,332

Purchase Details

Listed on
Mar 21, 2016
Closed on
Aug 3, 2016
Sold by
Sansom John and Sansom Carolyn
Bought by
Ponce S Daniel and Ponce Nancy S
Seller's Agent
Adam Bartlett
Berkshire Hathaway - Vail VLG
Buyer's Agent
Adam Bartlett
Coldwell Banker Distinctive Properties
List Price
$2,950,000
Sold Price
$2,550,000
Premium/Discount to List
-$400,000
-13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%
Original Mortgage
$700,000
Interest Rate
2.72%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 19, 2008
Sold by
Lyle James A and Lyle Carol L
Bought by
Sansom John and Sansom Carolyn

Purchase Details

Closed on
Jun 29, 2001
Sold by
The Paintbrush Group Llc
Bought by
Lyle James A and Lyle Carol L

Purchase Details

Closed on
Mar 23, 2000
Sold by
Squaw Creek Realty Corp
Bought by
The Paintbrush Group Llc
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
Herzog Daryl Francis $5,000,000 Land Title
Ponce S Daniel $2,550,000 Land Title Guarantee Company
Sansom John $362,500 Stewart Title
Lyle James A $500,000 Stewart Title
The Paintbrush Group Llc $365,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ponce S Daniel $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2016 08/03/16 Sold $2,550,000 -13.6% $344 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $2,950,000 -- $398 / 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 $27,092 $335,450 $34,460 $300,990
2023 $27,092 $335,450 $34,460 $300,990
2022 $19,485 $188,930 $8,340 $180,590
2021 $25,807 $194,370 $8,580 $185,790
2020 $28,628 $198,240 $14,300 $183,940
2019 $28,562 $198,240 $14,300 $183,940
2018 $26,988 $183,600 $15,260 $168,340
2017 $25,422 $183,600 $15,260 $168,340
2016 $31,373 $229,620 $14,330 $215,290
2015 -- $229,620 $14,330 $215,290
2014 $27,136 $181,640 $15,760 $165,880
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Adam Bartlett

    Berkshire Hathaway - Vail VLG

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Map

Source: Vail Multi-List Service

MLS Number: 926026

Vail Multi-List Service

APN: R050883

Colorado Eagle County Edwards 81631

940 Summit Trail, Edwards, CO

Not Listed for Sale

Detached

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