NOT LISTED FOR SALE

10 Ridge Place Aspen, CO 81611

Estimated Value: $9,017,000 - $33,985,324

5 Beds
8 Baths
9,082 Sq Ft
$2,367/Sq Ft Est. Value

Last Sold November 12, 2013

Last sale price $14,725,000 $1,621 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $110,849/month

148 Days on Market

Highlights

  • Spa
  • Sauna
  • Green Building
  • Aspen Middle School Rated A-
  • 1.31 Acre Lot
  • Maid or Guest Quarters

About This Home

As of November 2013

Perfectly situated on 1.3 acres on the Ridge of Red Mountain, the architecture of this refined estate complements the intimate connection with the magnificent mountains. Direct views of Aspen Mountain & downtown Aspen, sweeping views of all of the mountain ranges from Independence Pass to Mt. Sopris, as well as surprising views of Hallam Lake & the Roaring Fork River. Custom designed by Robert Trown, with a dramatic great room, entertaining area w/sunken bar, 9 gas fireplaces, generous dining room, gourmet kitchen, spacious master suite w/two balconies, fully-equipped gym, massage room with steam & sauna, 3,000 bottle climate-controlled wine room, stone & reclaimed wood floors, Lutron lighting system, infinity edge pool w/waterfall, and lavish patios & decks. An exquisite property!

Last Agent to Sell the Property

Craig Morris

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA40009691 Listed on: 04/30/2013

Co-Listed By

Carol Hood

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060

Last Buyer's Agent

Lisa Turchiarelli

Whitman Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,770

Year Built

  • Built in 1996

Lot Details

  • 1.31 Acre Lot
  • Southwest Facing Home
  • Southern Exposure
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture
  • Brick or Stone Mason
  • Frame Construction
  • Stone Siding
  • Log Siding

Interior Spaces

  • 9,082 Sq Ft Home
  • 3-Story Property
  • Furnished
  • 9 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Sauna
  • Home Security System
  • Property Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Pool

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Water Rights Not Included

Additional Features

  • Green Building
  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • Exclusions: See Remarks
  • Assessor Parcel Number 27370720270

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include contingency fund, sewer, insurance, snow removal, ground maintenance
  • Ridge Of Red Mountain Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,770

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.31
  • Co List Office Mls Id: ASSHMA
  • Inclusions: Dryer, Freezer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Ridge of Red Mountain
  • Directions: Red Mountain Road to Ridge Road. Turn right onto Ridge Place. Property is the first driveway on the left.
  • Architectural Style: Other, Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1996
  • Tax Parcel Letter: R003170
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 25770.32
  • Financing Info:Tax Year2: 2012
  • Extras:GuestCaretaker Qtrs: Yes
  • Extras:Hot TubSpa: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Extras:Pool: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • Extras:Sauna: Yes
  • Unit Faces:South: Yes
  • Unit Faces:West: Yes
  • Cooling:Central AC: Yes
  • Inclusions:Freezer: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 9
  • Fireplace: Yes
  • Living Area: 9082.0
  • Fireplace:Gas: Yes
  • Style Other: Yes

Exterior Features

  • Lot Features: Landscaped
  • Exclusions: See Remarks
  • Construction Type: Stone, Log, Frame
  • Property Condition: Excellent
  • Roof: Other
  • Construction:Frame: Yes
  • Construction:Stone: Yes
  • Construction:Log: Yes

Garage/Parking

  • Keywords Info:Garage: 3 Car
  • General Info:Garage SqFt: 865.0

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Building Features: Yes
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Natural Gas, Forced Air
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Extreme Topo: Yes

Fee Information

  • Association Fee Includes: Contingency Fund, Sewer, Insurance, Snow Removal, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 57064.0
  • Parcel #: 27370720270
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 25770.32
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2020
Sold by
Mcdavid David and Mcdavid Stacie
Bought by
10 Ridge Place Llc
Current Estimated Value
$18,869,050

Purchase Details

Listed on
Apr 30, 2013
Closed on
Nov 11, 2013
Sold by
Sheldon Friedstein Trust
Bought by
Mcdavid David and Mcdavid Stacie
Seller's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Lisa Turchiarelli
Whitman Fine Properties
List Price
$17,250,000
Sold Price
$14,725,000
Premium/Discount to List
-$2,525,000
-14.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.79%

Purchase Details

Closed on
Aug 4, 2006
Sold by
Friedstein Sheldon L
Bought by
Sheldon Friedstein Trust Agreement

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
6.62%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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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
10 Ridge Place Llc -- None Available
Mcdavid David $14,725,000 None Available
Sheldon Friedstein Trust Agreement -- Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sheldon Friedstein Trust $1,150,000
Previous Owner Sheldon Friedstein Trust $5,000,000
Previous Owner Sheldon Friedstein Trust $5,000,000
Previous Owner Sheldon Friedstein Trust Agreement $5,000,000
Previous Owner Friedstein Sheldon $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2013 11/12/13 Sold $14,725,000 -14.6% $1,621 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $17,250,000 -- $1,899 / Sq Ft
Source: Aspen Glenwood MLS

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 $90,472 $3,145,310 $1,003,820 $2,141,490
2023 $90,472 $3,857,220 $1,014,490 $2,842,730
2022 $52,145 $1,647,150 $590,750 $1,056,400
2021 $52,009 $1,694,550 $607,750 $1,086,800
2020 $55,301 $1,797,520 $586,300 $1,211,220
2019 $55,301 $1,797,520 $586,300 $1,211,220
2018 $50,807 $1,810,090 $590,400 $1,219,690
2017 $44,133 $1,652,310 $576,000 $1,076,310
2016 $23,360 $857,370 $636,800 $220,570
2015 $32,304 $1,193,070 $636,800 $556,270
2014 $29,431 $1,061,550 $557,200 $504,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 129660

Aspen Glenwood MLS

APN: R003170