NOT LISTED FOR SALE

1108 Waters Ave Aspen, CO 81611

Estimated Value: $7,988,000 - $15,564,806

4 Beds
3 Baths
3,117 Sq Ft
$3,778/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $5,450,000 $1,748 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $69,137/month

21 Days on Market

Highlights

  • River Front
  • Green Building
  • No HOA
  • Aspen Middle School Rated A-
  • Lake, Pond or Stream
  • Cul-De-Sac

About This Home

As of August 2018

This irreplaceable river front property is nestled in a quiet cul-de-sac 4 blocks to the gondola. A babbling brook with river rocks and a bridge running through the entrance creates a serene atmosphere with all day sun just steps to the Aspen core. Enjoy the sounds of the Roaring Fork River spanning almost 100 feet of the property making this one of the most unique river front lots in Aspen. Schematic design by Zone 4 Architects based on Aspen City Building and Zoning codes as well as Aspen City land planner's assessment coming soon.

Last Agent to Sell the Property

Chris Souki

Compass Aspen Brokerage Phone: (970) 925-7000 License #FA100022800 Listed on: 07/17/2018

Compass Aspen

Co-Listed By

anita bineau

Christie's International Real Estate Aspen Snowmass Brokerage Phone: (970) 925-7000

Last Buyer's Agent

Chris Souki

Carbondale Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,591

Year Built

  • Built in 1962

Lot Details

  • 10,055 Sq Ft Lot
  • River Front
  • Cul-De-Sac
  • Landscaped with Trees

Interior Spaces

  • 3,117 Sq Ft Home
  • 4-Story Property
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Eco-Friendly Details

  • Green Building

Outdoor Features

  • Lake, Pond or Stream
  • Patio

Community Details

  • No Home Owners Association
  • Calderwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273718124003

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,591

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Co List Office Mls Id: CBMMAspen
  • Co List Office Phone: 970-925-7000
  • Subdivision Name: Calderwood
  • Directions: From S. West End Street turn east onto Waters Avenue. Home is located on the left side of the road.
  • Master Model: No
  • Year Built: 1962
  • Tax Parcel Letter: R004985
  • Attribution Contact: (970) 925-7000
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: No
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:ADU: No
  • General Info:Levels: 4.0
  • Financing Info:Taxes2: 11590.52
  • Financing Info:Tax Year2: 2017
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 3117.0

Exterior Features

  • Lot Features: Cul-De-Sac, Landscaped
  • Waterfront Features: River Front
  • Waterfront: Yes

Utilities

  • Building Features: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Cul-de-Sac: Yes
  • Location Amenities:River Frontage: Yes
  • Location Amenities:Pond Stream Lake: Yes

Lot Info

  • Lot Size Sq Ft: 10055.0
  • Parcel #: 273718124003
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11590.52
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2018
Closed on
Aug 24, 2018
Sold by
Mcclain Richard S and Mcclain Peter K
Bought by
Gentle Kirk and Gentle Meg
Seller's Agent
Chris Souki
Compass Aspen
Buyer's Agent
Chris Souki
Compass Aspen
List Price
$6,200,000
Sold Price
$5,450,000
Premium/Discount to List
-$750,000
-12.1%
Current Estimated Value
$11,776,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,326,403
Avg. Annual Appreciation
9.33%

Purchase Details

Closed on
Apr 4, 2013
Sold by
Mcclain Investments Ltd
Bought by
Mcclain Norma Jane
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 Buyer Sale Price Title Company
Gentle Kirk $5,450,000 Title Co Of The Rockies
Gentle Kirk $5,450,000 Title Co Of The Rockies
Mcclain Norma Jane -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gentle Kirk $14,000,000
Closed Gentle Kirk $4,322,071
Closed Gentle Kirk $836,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2018 08/24/18 Sold $5,450,000 -12.1% $1,748 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
07/17/2018 07/17/18 For Sale $6,200,000 -- $1,989 / 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 $45,413 $1,369,810 $567,970 $801,840
2023 $45,413 $1,385,820 $575,030 $810,790
2022 $30,058 $811,830 $417,000 $394,830
2021 $16,583 $462,740 $429,000 $33,740
2020 $14,805 $410,100 $371,800 $38,300
2019 $14,805 $410,100 $371,800 $38,300
2018 $13,128 $412,970 $374,400 $38,570
2017 $11,591 $395,070 $360,000 $35,070
2016 $12,687 $394,020 $386,060 $7,960
2015 $12,525 $394,020 $386,060 $7,960
2014 $11,166 $336,850 $326,360 $10,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 155248

Aspen Glenwood MLS

APN: R004985