$15,200,000
SOLD AUG 6, 2024

101 W Francis St Aspen, CO 81611

4 Beds
4.5 Baths
5,482 Sq Ft
6,000 Sq Ft Lot

Recently Sold

$2,773 Per Sq Ft

31% Below List Price

382 Days on Market

Highlights

  • Green Building
  • Corner Lot
  • Views
  • Aspen Middle School Rated A-
  • Air Conditioning
  • 3-minute walk to Paepcke Park

About This Home

As of August 2024

Luxurious Home in Aspen's Prestigious West End

Discover your dream home nestled in the heart of Aspen's coveted West End, mere blocks from the iconic Hotel Jerome. This stunning property provides unparalleled access to world-class dining, exclusive shops, lush parks, and everything else that the breathtaking city of Aspen has to offer.

Welcome your guests to a spacious kitchen, complemented by two sophisticated living spaces designed to accommodate both comfort and class. The seamless indoor/outdoor entertainment setup features a spacious patio off the dining room, equipped with a BBQ grill and an elegantly fenced backyard perfect for any social gathering or private event.

Wake up to Aspen Mountain views from the master ensuite bedroom, which boasts a jetted tub for the ultimate relaxation experience, a large shower, two expansive walk-in closets, and a private deck that offers serene morning coffee moments or tranquil sunset views.

The second level also houses three additional spacious bedrooms and two additional bathrooms.

For entertainment enthusiasts, the downstairs level unveils an oversized theatre room equipped with a sensational comfortable seating for all your guests and a large bar area, perfect for movie nights and sports events. The lower level also includes a 5th bedroom for your guests' convenience.

The property's additional features include a fully operational AC system, a convenient elevator for easy movement across the levels, a two-car garage, a large yard for kids and pets, a cozy gas fireplace for those chilly Aspen nights, and, of course, unbeatable Aspen Mountain views that will take your breath away every single day.

Indulge in the epitome of Aspen luxury living Your mountain oasis awaits!

Last Agent to Sell the Property

anita bineau

Christie's International Real Estate Aspen Snowmass Brokerage Phone: (970) 544-5800 Listed on: 03/27/2024

Last Buyer's Agent

anita bineau

Christie's International Real Estate Aspen Snowmass Brokerage Phone: (970) 544-5800 Listed on: 03/27/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,587

Year Built

  • Built in 1998

Lot Details

  • 6,000 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof

Interior Spaces

  • 5,482 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Gas Fireplace
  • Property Views
  • Finished Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Air Conditioning
  • Baseboard Heating
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Green Building
  • Patio
  • Mineral Rights Excluded

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Townsite Of Aspen Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273512421004

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,587

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Range, Microwave, Dishwasher
  • Subdivision Name: Townsite of Aspen
  • Directions: Turn onto N Garmisch Street,N Garmisch St turns left and becomes W Francis St to 101 W Francis house will be on the left.
  • Architectural Style: Two Story
  • Master Model: No
  • New Construction: No
  • Year Built: 1998
  • Tax Parcel Letter: R001152
  • Attribution Contact: (970) 544-5800
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 3.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 27587.0
  • Financing Info:Tax Year2: 2023
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Miscellaneous:Under Construction3: No
  • Electric:Yes: Public
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Extras:Elevator: Yes
  • Style:Two Story: Yes
  • Substructure:Finished Basement: Yes
  • Inclusions:Oven: Yes
  • Extras:Handicap Access: Yes
  • Cooling:AC: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Finished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Elevator
  • Living Area: 5482.0
  • Fireplace:Gas: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Landscaped
  • Construction Type: Frame
  • Property Condition: Excellent
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: A/C
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Corner Lot: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 6000.0
  • Parcel #: 273512421004
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 27587.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
Aug 6, 2024
Sold by
Gregory D Erwin 2016 Revocable Trust and Erwin Greg
Bought by
101 Francis Llc
Seller's Agent
anita bineau
Christie's International Real Estate Aspen Snowmass
Buyer's Agent
anita bineau
Christie's International Real Estate Aspen Snowmass
List Price
$22,000,000
Sold Price
$15,200,000
Premium/Discount to List
-$6,800,000
-30.91%
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.33%
Original Mortgage
$10,000,000
Outstanding Balance
$9,723,036
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$4,395,217

Purchase Details

Closed on
Feb 22, 2022
Sold by
Gregory D Erwin 2016 Revocable Trust
Bought by
Gregory El Erwin 2016 Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,537,500
Interest Rate
3.92%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 28, 2020
Sold by
Erwin Gregory D
Bought by
Trust1 Gregory D Erwin 2016 Revocable

Purchase Details

Closed on
Jun 27, 1997
Bought by
Erwin Gregory D
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
Special Warranty Deed $15,200,000 Attorneys Title
Quit Claim Deed -- Stewart Title Company
Interfamily Deed Transfer -- None Available
Deed $1,650,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,000,000 New Conventional
Previous Owner $3,537,500 Balloon
Previous Owner $4,200,000 New Conventional
Previous Owner $3,250,000 Unknown
Previous Owner $4,200,000 Unknown
Previous Owner $1,000,000 Unknown
Previous Owner $3,300,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 For Rent $60,000 0.0% --
08/06/2024 08/06/24 Sold $15,200,000 -7.9% $2,773 / Sq Ft
05/20/2024 05/20/24 Price Changed $16,500,000 -7.8% $3,010 / Sq Ft
12/19/2023 12/19/23 Price Changed $17,900,000 -3.2% $3,265 / Sq Ft
09/07/2023 09/07/23 Price Changed $18,500,000 -5.1% $3,375 / Sq Ft
08/01/2023 08/01/23 Price Changed $19,500,000 -11.4% $3,557 / Sq Ft
06/30/2023 06/30/23 For Sale $22,000,000 -- $4,013 / 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 $41,996 $1,277,440 $526,100 $751,340
2023 $41,996 $1,292,540 $532,320 $760,220
2022 $27,587 $752,470 $328,390 $424,080
2021 $27,468 $774,120 $337,840 $436,280
2020 $23,943 $670,170 $315,320 $354,850
2019 $23,943 $670,170 $315,320 $354,850
2018 $22,714 $674,860 $317,520 $357,340
2017 $20,042 $630,130 $294,840 $335,290
2016 $18,094 $557,200 $267,460 $289,740
2015 $17,860 $557,200 $267,460 $289,740
2014 $13,627 $406,280 $250,740 $155,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 180040

Aspen Glenwood MLS

APN: R001152