NOT LISTED FOR SALE

101 American Ln Aspen, CO 81611

Aspen Area

Estimated Value: $2,247,000 - $29,126,232

11.72 Acres
$1,338,448 Price per Acre
510,523 Sq Ft Lot

Sale Details

Date Sold: August 10, 2020

Last sale price $22,000,000

Est. 29% decrease in value since last sale

Current estimated payment $93,748 / mo

408 Days on Market

Highlights

  • River Front
  • 11.72 Acre Lot
  • Pond
  • Aspen Middle School Rated A-
  • Green Building
  • Lake, Pond or Stream

About This Lot

As of August 2020

Simply the best, the crown jewel of Aspen's famed and coveted Rubey parcels. Nearly twelve flat, wooded acres of iconic views, live water, unparalleled privacy and boundless potential. The entitlements are as rare as its beauty and location providing the last opportunity to build a legacy family estate up to 19,750 square feet. No compromises or TDR's required. If you are looking for the best, the search is over and the time is now.

Last Agent to Sell the Property

Ryan Smalls

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA40026438 Listed on: 02/11/2020

Last Buyer's Agent

Al Azizi

Global Real Estate Group, LLC License #ER.100017711

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $48,643

Lot Details

  • 11.72 Acre Lot
  • River Front
  • Fenced
  • Wooded Lot
  • Property is zoned SINGLE FAMILY LOT

Utilities

  • Water Rights
  • Irrigation Water Rights

Additional Features

  • Green Building
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273707203005

Community Details

Overview

  • Property has a Home Owners Association
  • Red Mountain Subdivision

Recreation

  • Pond
  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$48,643

Lot Details

11.72 Acres

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 11.72
  • Subdivision Name: Red Mountain
  • Directions: Take Mill Street to Red Mountain Road. Take a right onto American Lane and your first right into the driveway.
  • Tax Parcel Letter: R008439
  • Attribution Contact: (970) 925-6060
  • General Info:Zoning2: SINGLE FAMILY LOT
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Financing Info:Taxes2: 48643.4
  • Financing Info:Tax Year2: 2019
  • Sanitation:Sewer: Yes
  • Mineral Rights:No2: Yes
  • Extras:Fencing: Yes
  • Lot Description:Wooded Lot: Yes
  • Water Rights:Domestic: Yes
  • Lot Description:Pond Lake Stream: Yes
  • Water Rights:Community2: Yes
  • Extras:Pond System: Yes
  • General Info:ADU Allowed: No
  • Lot Description:River Frontage2: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Exterior Features

  • Fencing: Fenced
  • Disclosures: Other

Utilities

  • Building Features: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Water Rights Irrigation: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee Frequency2: Annually

Lot Info

  • Lot Size Sq Ft: 510566.76
  • Parcel #: 273707203005
  • Zoning: SINGLE FAMILY LOT
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 48643.4
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2021
Sold by
Bought by
Current Estimated Value
$15,686,616

Purchase Details

Listed on
Feb 11, 2020
Closed on
Aug 10, 2020
Sold by
Bought by
Seller's Agent
Ryan Smalls
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Al Azizi
Global Real Estate Group, LLC
List Price
$29,750,000
Sold Price
$22,000,000
Premium/Discount to List
-$7,750,000
-26.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.50%

Purchase Details

Listed on
Feb 11, 2020
Closed on
Aug 6, 2020
Sold by
Bought by
Seller's Agent
Ryan Smalls
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Al Azizi
Global Real Estate Group, LLC
List Price
$29,750,000
Sold Price
$22,000,000
Premium/Discount to List
-$7,750,000
-26.05%

Purchase Details

Listed on
Jun 27, 2017
Closed on
Jun 26, 2017
Sold by
Bought by
Seller's Agent
Erik Berg
ENGEL & VOLKERS
Buyer's Agent
Ryan Smalls
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$22,000,000
Sold Price
$22,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Mar 24, 2008
Sold by
Bought by

Purchase Details

Closed on
Nov 16, 2007
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Aspen, CO

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$22,000,000 None Listed On Document
$22,000,000 Land Title Guarantee Co
-- None Available
$22,000,000 None Available
-- None Available
-- None Available
$2,000,000 None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2020 08/10/20 Sold $22,000,000 -26.1% --
06/25/2020 06/25/20 Pending -- -- --
05/13/2019 05/13/19 For Sale $29,750,000 +35.2% --
06/27/2017 06/27/17 Sold $22,000,000 0.0% -- View Prior Sale
06/27/2017 06/27/17 Pending -- -- --
06/27/2017 06/27/17 For Sale $22,000,000 -- --
Source: Aspen Glenwood MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $90,362 $2,766,040 $1,812,500 $953,540
2024 $90,362 $2,421,400 $1,940,050 $481,350
2023 $69,707 $2,091,560 $1,960,900 $130,660
2022 $48,459 $1,529,000 $1,529,000 $0
2021 $196,038 $6,380,000 $6,380,000 $0
2020 $165,247 $5,365,000 $5,365,000 $0
2019 $48,643 $1,579,280 $1,322,750 $256,530
2018 $27,891 $1,590,320 $1,332,000 $258,320
2017 $24,227 $907,050 $734,400 $172,650
2016 $23,775 $872,620 $772,120 $100,500
2015 $23,627 $872,620 $772,120 $100,500
2014 $24,062 $867,870 $756,200 $111,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 159205

Aspen Glenwood MLS

APN: R008439

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