NOT LISTED FOR SALE

968 Red Draw Edwards, CO 81632

Estimated Value: $2,709,625 - $3,249,000

4 Beds
4 Baths
3,453 Sq Ft
$876/Sq Ft Est. Value

Last Sold September 03, 2015

Last sale price $1,200,000 $348 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $16,609/month

193 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • View of Trees or Woods
  • Equestrian Center
  • Indoor Spa
  • 0.99 Acre Lot

About This Home

As of September 2015

The finest of Colorado mountain living. A custom-quintessential log home with views from every room. Located in the prestigious Cordillera resort community in the heart of the Vail valley. Only minutes to Vail & Beaver Creek resorts and the Vail/Eagle airport yet private and peaceful.

Last Agent to Sell the Property

Heidi Bintz

LIV Sotheby's Int Realty Beaver Creek Village Brokerage Phone: 970.390.8383 License #FA40040502 Listed on: 03/04/2015

LIV Sotheby's Int Realty Beaver Creek Village

Last Buyer's Agent

Michael Spear

Slifer Smith & Frampton - Hyatt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,065

Year Built

  • Built in 1997

Lot Details

  • 0.99

Parking

  • 2 Car Garage

Property Views

  • Woods
  • Mountain
  • Valley

Home Design

  • Block Foundation
  • Frame Construction
  • Shake Roof
  • Log Siding

Interior Spaces

  • 3,453 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Indoor Spa
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Deck
  • Patio

Utilities

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

Additional Features

  • 0.99 Acre Lot
  • Equestrian Center

Listing and Financial Details

  • Assessor Parcel Number 210711308004
  • Seller Concessions Not Offered

Community Details

Overview

  • Property has a Home Owners Association
  • Cordillera F11 Red Draw Meadows Subdivision

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,065

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Resort Fee: 2800.0
  • Resort Fee Frequency: Annually
  • Lot Size Acres: 0.99
  • Property Access Months Accessible: 12
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 1997
  • Road Surface Type: All Year
  • Subdivision Name: Cordillera F11 - Red Draw Meadows
  • Attribution Contact: 970.390.8383
  • Financing Information Transfer Fee: 2.0
  • Percent Basement Finished: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Has Basement: Finished
  • Entry Location: 1
  • Fireplace Features: Gas
  • Furnished: Unfurnished
  • Interior Amenities: Fireplace - Gas, Jetted Bath, Patio, Spa/Hot Tub, Vaulted Ceiling(s), Wired for Cable
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Trash Compactor, Washer, Washer/Dryer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 3453.0
  • 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
  • Appliances Included:Cooktop: Yes
  • Interior Features:Patio: Yes
  • Interior Features:SpaHot Tub: Yes
  • Interior Features:Jetted Bath: Yes
  • Appliances Included:Trash Compactor: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Roof: Shake
  • View: Mountain(s), Trees/Woods, Valley
  • Lot Features: See Remarks
  • Construction Type: Log
  • Foundation Details: Block
  • Construction:Frame: Yes
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Patio2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Other
  • Parking:Other6: Yes
  • General Info:_pound_ of Garage Stalls: 2.0

Utilities

  • Cooling: None
  • Heating: Radiant
  • Sewer: Sewer Connected
  • 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

Condo/Co-op/Association

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

Association/Amenities

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

Lot Info

  • Lot Size Sq Ft: 43124.0
  • Parcel #: 210711308004
  • Land Lease: No
  • Zoning: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8065.12
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2015
Closed on
Sep 3, 2015
Sold by
Kathmann Margaret M
Bought by
The Kay Larson Ford Revocable Trust
Seller's Agent
Heidi Bintz
LIV Sotheby's Int Realty Beaver Creek Village
Buyer's Agent
Michael Spear
Slifer Smith & Frampton - Hyatt
List Price
$1,295,000
Sold Price
$1,200,000
Premium/Discount to List
-$95,000
-7.34%
Current Estimated Value
$3,026,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,826,406
Avg. Annual Appreciation
9.32%
Original Mortgage
$960,000
Outstanding Balance
$739,831
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,286,575

Purchase Details

Closed on
Feb 11, 2011
Sold by
Kathmann James E and Kathmann Margaret M
Bought by
Kathmann Margaret M

Purchase Details

Closed on
Jun 1, 1999
Sold by
Schmidt Max J
Bought by
Kathmann James E and Kathmann Margaret M

Purchase Details

Closed on
Jun 30, 1995
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
The Kay Larson Ford Revocable Trust $1,200,000 Heritage Title
Kathmann Margaret M -- None Available
Kathmann James E $1,175,000 Land Title
-- $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Kay Larson Ford Revocable Trust $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2015 09/03/15 Sold $1,200,000 -7.3% $348 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $1,295,000 -- $375 / 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 $11,296 $139,130 $23,500 $115,630
2023 $11,296 $139,130 $23,500 $115,630
2022 $8,541 $82,410 $10,770 $71,640
2021 $9,715 $84,780 $11,080 $73,700
2020 $9,469 $79,350 $11,080 $68,270
2019 $9,443 $79,350 $11,080 $68,270
2018 $10,651 $83,810 $9,720 $74,090
2017 $10,139 $83,810 $9,720 $74,090
2016 $10,289 $88,290 $8,600 $79,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Vail Multi-List Service

MLS Number: 922373

Vail Multi-List Service

APN: R040953