$4,900,000
SOLD JUN 15, 2017

1000 Lazy O Rd Snowmass, CO 81654

5 Beds
7 Baths
7,453 Sq Ft
7.83 Acres

Recently Sold

$657 Per Sq Ft

2% Below List Price

3 Days on Market

Highlights

  • Barn
  • Tennis Courts
  • Maid or Guest Quarters
  • Horse Property
  • Spa
  • Contemporary Architecture

About This Home

As of March 2018

Serenity Found! Located in Old Snowmass in the heart of the 1,500 acre Lazy O Ranch, this spectacular home enjoys a private and peaceful setting with commanding views of the mountains and lush green pastures below. Thoughtfully designed by Studio B Architects, this spacious residence consists of five bedrooms, including the two bedroom, two bath guest residence and 7,453 square feet of improvements. The living and dining areas are gracious and warm and spill out onto the deck for great entertaining and evening sunsets. Sweeping views and beautiful light throughout. The gourmet kitchen is designed to have friends and family together with its breakfast and family den adjacent to the chef. The back patio is equally perfect for entertaining with outdoor dining, firepit and fun!

Last Agent to Sell the Property

Ted Borchelt

Aspen Snowmass Sotheby's International Realty-Basalt Brokerage Phone: (970) 927-8080 License #FA100004523 Listed on: 03/09/2017

Aspen Snowmass Sotheby's International Realty-Basalt

Co-Listed By

Terry Rogers

Aspen Snowmass Sotheby's International Realty-Snowmass Village Brokerage Phone: (970) 927-8080 License #EA1233565

Last Buyer's Agent

Terry Rogers

Chaffin Light Real Estate Snowmass Village

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,379

Year Built

  • Built in 2006

Lot Details

  • 7.83 Acre Lot
  • West Facing Home
  • Landscaped
  • Gentle Sloping Lot
  • Sprinkler System
  • Property is in excellent condition

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 7,453 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Walk-Out Basement
  • Home Security System
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Tennis Courts
  • Horse Property
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Water Rights Not Included
  • Water Softener
  • Septic Tank
  • Septic System
  • Satellite Dish

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Mineral Rights Excluded
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 264503401007

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, water, trash, ground maintenance
  • Lazy O Ranch Subdivision
  • On-Site Maintenance

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,379

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 7.83
  • Co List Office Mls Id: asssmva
  • Co List Office Phone: 970-923-2006
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Water Softener, Satellite Dish, Range, Microwave, Dishwasher
  • Subdivision Name: Lazy O Ranch
  • Directions: Snowmass Creek Road, take a right at the next intersection (T), turn right onto Capitol Creek Road and then quick left into Lazy O Ranch. Follow Lazy O Road to 1000 - will be on the left.
  • Architectural Style: Contemporary
  • Master Model: No
  • New Construction: No
  • Year Built: 2006
  • Tax Parcel Letter: R012570
  • Attribution Contact: (970) 927-8080
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Listing Info:ADU: Yes
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 21378.92
  • Financing Info:Tax Year2: 2016
  • Extras:GuestCaretaker Qtrs: Yes
  • Extras:Hot TubSpa: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Extras:Tennis: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Lawn Sprinklers: Yes
  • HOA Fees Includes:Management: Yes
  • Miscellaneous:Under Construction3: No
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • HOA Fees Includes:Trash: Yes
  • HOA Fees Includes:Water: Yes
  • Inclusions:Water Softener: Yes
  • Unit Faces:West: Yes
  • Substructure:Walkout: Yes
  • Water:Community: Yes
  • Sanitation:Septic: Yes
  • Inclusions:Oven: Yes
  • Cooling:Central AC: Yes
  • Disclosures:No Dogs: Yes
  • Roof:Metal: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Extras:Softener: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Inclusions:Satellite Dish: Yes
  • Extras:Barn or Corral: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Living Area: 7453.0
  • Fireplace:Gas: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Landscaped
  • Disclosures: No Dogs
  • Construction Type: Wood Siding, Stone Veneer, Frame
  • Property Condition: Excellent
  • Roof: Metal
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 3 Car

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Community
  • Heating:Forced Air: Yes
  • Gas/Propane: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes
  • HOA Amenities:Management2: Yes
  • Location Amenities:Horse Property: Yes

Fee Information

  • Association Fee Includes: Management, Water, Trash, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 341075.0
  • Parcel #: 264503401007
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 21378.92
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2017
Closed on
Mar 1, 2018
Sold by
Valentine Ellen Kiphart
Bought by
Carson Royal W
Seller's Agent
Terry Rogers
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Buyer's Agent
Ted Borchelt
Aspen Snowmass Sotheby's International Realty-Basalt
List Price
$5,150,000
Sold Price
$4,900,000
Premium/Discount to List
-$250,000
-4.85%
Current Estimated Value
$9,630,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,730,358
Avg. Annual Appreciation
9.39%
Original Mortgage
$343,000
Outstanding Balance
$284,411
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$9,345,947

Purchase Details

Closed on
Aug 7, 2009
Sold by
Brammell Stephen and Brammell Alison
Bought by
Brammell Stephen H and Stephen H Brammell Trust

Purchase Details

Closed on
Aug 17, 2006
Sold by
Brammell Stephen H and Brammell Alison P
Bought by
Brammell Stephen and Brammell Alison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2006
Sold by
Brammell Stephen H and Brammell Alison P
Bought by
Brammell Stephen and Brammell Alison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
6.2%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 20, 2005
Sold by
Brammell Stephen H and Brammell Alison
Bought by
Brammell Stephen and Brammell Alison

Purchase Details

Closed on
May 14, 2002
Sold by
Di Matteo Bond Development Company Lp
Bought by
Brammell Stephen H and Brammell Alison
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,900,000 Title Company Of The Rockies
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Land Title Guarantee Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Warranty Deed $850,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $343,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,800,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,000,000 New Conventional
Previous Owner $1,000,000 New Conventional
Previous Owner $1,000,000 New Conventional
Previous Owner $1,900,000 New Conventional
Previous Owner $1,600,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2018 03/01/18 Sold $4,900,000 -4.9% $657 / Sq Ft
12/01/2017 12/01/17 Pending -- -- --
09/19/2017 09/19/17 For Sale $5,150,000 +5.1% $691 / Sq Ft
06/15/2017 06/15/17 Sold $4,900,000 -1.9% $657 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $4,995,000 -- $670 / 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 $60,823 $774,020 $53,350 $720,670
2023 $60,823 $784,220 $54,050 $730,170
2022 $24,715 $301,840 $43,440 $258,400
2021 $25,359 $310,530 $44,690 $265,840
2020 $29,623 $377,100 $46,480 $330,620
2019 $29,623 $377,100 $46,480 $330,620
2018 $15,150 $379,740 $46,800 $332,940
2017 $14,279 $189,920 $46,800 $143,120
2016 $21,379 $278,600 $63,680 $214,920
2015 $21,457 $278,600 $63,680 $214,920
2014 $17,054 $232,970 $87,560 $145,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 147905

Aspen Glenwood MLS

APN: R012570