NOT LISTED FOR SALE

1128 Red Mountain Rd Aspen, CO 81611

Estimated Value: $8,184,000 - $13,935,938

5 Beds
5.5 Baths
6,455 Sq Ft
$1,625/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $7,825,000 $1,212 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $56,991/month

556 Days on Market

Highlights

  • 1.05 Acre Lot
  • Green Building
  • Steam Shower
  • Aspen Middle School Rated A-
  • 5 Fireplaces
  • Furnished

About This Home

As of September 2020

Enjoy spectacular views and ultimate privacy from this inviting and private Red Mountain estate with all three levels above grade. Positioned perfectly on over an acre of land, every room features large windows framing the spectacular mountain vistas of Aspen Mountain, the Maroon Bells, Buttermilk and Mt. Sopris. The interiors are warm and inviting with hints of contemporary and western finishes, with amenities including a gourmet kitchen, gas fireplaces, steam shower, office, bunk room, spacious decks, and mature landscaping. Fabulous hiking and biking trails right outside the back door and just minutes to downtown Aspen!The main level features the kitchen, dining and formal living area, as well as three guest suites and an expansive walk-out deck and BBQ area. A spacious master suite and office with a private deck are located on the upper level, and a family room and bunk room are on the lower level. The main level features the kitchen, dining and formal living area, as well as three guest suites and an expansive walk-out deck and BBQ area. A spacious master suite and office with a private deck are located on the upper level, and a family room and bunk room are on the lower level.

Last Agent to Sell the Property

Julie Mandt

Aspen Snowmass Sotheby's International Realty Brokerage Phone: (970) 925-6060 License #FA1243765 Listed on: 07/06/2019

Aspen Snowmass Sotheby's International Realty

Co-Listed By

Craig Morris

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA40009691

Last Buyer's Agent

Holly Goldstein

The Agency Aspen License #FA.40021903

The Agency Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,497

Year Built

  • Built in 1964

Lot Details

  • 1.05 Acre Lot
  • Cul-De-Sac
  • South Facing Home
  • Southern Exposure
  • Fenced
  • Sprinkler System
  • Landscaped with Trees
  • Property is in good condition

Parking

  • 2 Car Garage

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Poured Concrete
  • Frame Construction
  • Membrane Roofing
  • Wood Siding
  • Stone Siding
  • Concrete Block And Stucco Construction
  • Radon Mitigation System

Interior Spaces

  • 6,455 Sq Ft Home
  • 3-Story Property
  • Furnished
  • 5 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Walk-Out Basement
  • Home Security System
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • ENERGY STAR Qualified Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Green Building
  • Energy-Efficient Insulation
  • Passive Solar Power System
  • Energy-Efficient Thermostat
  • Overhangs above south facing windows

Outdoor Features

  • Patio
  • Storage Shed

Location

  • Mineral Rights Excluded

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • Water Rights Not Included
  • Water Softener
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Red Mountain Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273706300011

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,497

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.05
  • Co List Office Mls Id: ASSHMA
  • Inclusions: Dryer, Energy Star Dishwash, Oven, Refrigerator, Washer, Window Coverings, Water Softener, Range, Microwave, Dishwasher, Built-In Recyling
  • Subdivision Name: Red Mountain
  • Directions: Traveling E on Main St. take L at Hotel Jerome onto Mill St. Travel N across bridge and stay L onto Red Mountain Rd. Travel halfway up Red Mtn. to 2nd curve. Curve L then R into driveway at sign 1128
  • Above Grade Finished Sq Ft: 6455.0
  • Architectural Style: Other
  • Master Model: No
  • New Construction: No
  • Year Built: 1964
  • Tax Parcel Letter: R003295
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Yes
  • 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
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 3.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 15497.0
  • Financing Info:Tax Year2: 2018
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Substructure:Slab: Yes
  • Roof:Membrane: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Condition:Good: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 6455.0
  • Inclusions:Water Softener: Yes
  • Unit Faces:South: Yes
  • Exterior:Stucco: Yes
  • Substructure:Walkout: Yes
  • Water:Community: Yes
  • Inclusions:Oven: Yes
  • Cooling:Central AC: Yes
  • Extras:Steam Shower: Yes
  • Energy Efficiency:S Facing Overhangs: Yes
  • Extras:Softener: Yes
  • Inclusions:Energy Star Dishwash: Yes
  • Energy Efficiency:High R Insulation: Yes
  • Energy Efficiency:Passive Solar Design: Yes
  • Energy Efficiency:Progrmble Thermostat: Yes
  • Indoor Air Quality:Radon System: Yes
  • Extras:Storage Shed: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 5
  • Fireplace: Yes
  • Living Area: 6455.0
  • Fireplace:Gas: Yes
  • Style Other: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cul-De-Sac, Landscaped
  • Disclosures: Easements, Excluded Buyer
  • Construction Type: Wood Siding, Stone Veneer, Stucco, Stone, Concrete, Frame
  • Foundation Details: Slab
  • Property Condition: Good
  • Roof: Membrane
  • Construction:Frame: Yes
  • Construction:Poured Concrete: Yes
  • Construction:Stone: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee Frequency2: Annually
  • HOA Amenities:Pets AllowedOwner: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Cul-de-Sac: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 45547.0
  • Parcel #: 273706300011
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 15497.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2019
Closed on
Sep 25, 2020
Sold by
Century Limited Partnership
Bought by
Crescent Estates Custom Homes Lp
Seller's Agent
Julie Mandt
Aspen Snowmass Sotheby's International Realty
Buyer's Agent
Holly Goldstein
The Agency Aspen
List Price
$8,995,000
Sold Price
$7,825,000
Premium/Discount to List
-$1,170,000
-13.01%
Current Estimated Value
$10,490,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,665,646
Avg. Annual Appreciation
9.04%

Purchase Details

Closed on
Dec 6, 2007
Sold by
Barry B John
Bought by
Century Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,250,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
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
Crescent Estates Custom Homes Lp $7,825,000 Attorneys Title Agency Llc
Century Lp $7,250,000 Stewart Title Of Colorado In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Century Limited Partnership $3,578,000
Previous Owner Century Lp $4,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $7,825,000 -13.0% $1,212 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
01/17/2019 01/17/19 For Sale $8,995,000 -- $1,393 / 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 $19,076 $663,190 $599,670 $63,520
2023 $19,076 $672,330 $607,930 $64,400
2022 $15,574 $491,930 $410,050 $81,880
2021 $15,533 $506,080 $421,850 $84,230
2020 $15,398 $500,500 $357,500 $143,000
2019 $15,398 $500,500 $357,500 $143,000
2018 $15,497 $720,000 $446,400 $273,600
2017 $13,361 $500,210 $324,000 $176,210
2016 $13,230 $485,560 $398,000 $87,560
2015 $13,147 $485,560 $398,000 $87,560
2014 $15,451 $557,290 $437,800 $119,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 157573

Aspen Glenwood MLS

APN: R003295