NOT LISTED FOR SALE

1170 Willoughby Way Aspen, CO 81611

Estimated Value: $9,061,000 - $29,197,816

5 Beds
6.5 Baths
7,532 Sq Ft
$2,540/Sq Ft Est. Value

Last Sold June 24, 2021

Last sale price $25,525,000 $3,389 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $88,451/month

Highlights

  • 3.04 Acre Lot
  • Lake, Pond or Stream
  • 1 Fireplace
  • Aspen Middle School Rated A-
  • Main Floor Primary Bedroom
  • Cul-De-Sac

About This Home

As of June 2021

An extraordinary estate which includes two separate, legally-defined parcels: Lot 13, Block 1, Pitkin Green, developed with an older home, improved and expanded over the years, with future redevelopment potential, and Lot 2, Sickels Sub, an adjoining vacant lot to the west, approved for a 6000 sq ft home, which includes a pond. Water rights included. SOLD BEFORE MLS AND INTERIOR PHOTOGRAPHY.

Last Agent to Sell the Property

BJ Adams

Compass SMV Brokerage Phone: 970-923-2111 License #EA.000171621 Listed on: 06/26/2021

Compass SMV

Last Buyer's Agent

Doug Leibinger

Compass Aspen License #FA40009481

Compass Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,782

Year Built

  • Built in 1963

Lot Details

  • 3.04 Acre Lot
  • Cul-De-Sac
  • South Facing Home
  • Southern Exposure
  • Fenced
  • Lot Has A Rolling Slope
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned R-30

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shake Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 7,532 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Window Treatments
  • Crawl Space
  • Home Security System
  • Laundry Room
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Parking

  • 3 Car Garage
  • Carport
  • Common or Shared Parking

Outdoor Features

  • Lake, Pond or Stream
  • Patio
  • Storage Shed
  • Outbuilding

Location

  • Mineral Rights Excluded

Utilities

  • Air Conditioning
  • Water Rights
  • Well
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Pitkin Green Subdivision

Listing and Financial Details

  • Exclusions: Freezer, Washer, Dryer
  • Assessor Parcel Number 273501301001

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,782

Year Built

Built in 1963

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.04
  • Inclusions: Oven, Refrigerator, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Pitkin Green
  • Directions: top of Willoughby Way
  • Above Grade Finished Sq Ft: 7532.0
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1963
  • Tax Parcel Letter: R003707
  • Attribution Contact: 970-923-2111
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-30
  • General Info:Main Floor Master: Yes
  • 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: 2.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 39782.0
  • Financing Info:Tax Year2: 2020
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Style:Ranch: Yes
  • Electric:Yes: Public
  • Substructure:Crawl Space: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 7532.0
  • General Info:Unit Faces: South
  • Water:Community: Yes
  • Sanitation:Septic: Yes
  • Inclusions:Oven: Yes
  • Home Performance Programs:Energy Star Rated: No
  • Roof:Shake: Yes
  • Cooling:AC: Yes
  • Home Performance Programs:Indoor Air Plus: No
  • Extras:Outbuildings: Yes
  • Extras:Storage Shed: Yes
  • Water Rights:Yes3: Yes
  • Water:Well - Domestic: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 6000.0
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 7532.0

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cul-De-Sac, Landscaped
  • Disclosures: Easements
  • Exclusions: Freezer, Washer, Dryer
  • Construction Type: Wood Siding, Stone Veneer, Frame
  • Direction Faces: South
  • Other Structures: Outbuilding
  • Property Condition: Excellent
  • Roof: Shake
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Common
  • Keywords Info:Garage: 3 Car
  • Parking Area:Common2: Yes
  • General Info:Garage SqFt: 750.0

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Cooling: A/C
  • Cooling Y N: Yes
  • Electric: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Community, Well

Condo/Co-op/Association

  • Association Fee: 6000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 6000.0
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Cul-de-Sac: Yes
  • Location Amenities:Rolling Topo: Yes
  • Location Amenities:Pond Stream Lake: Yes

Lot Info

  • Lot Size Sq Ft: 132422.0
  • Parcel #: 273501301001
  • Zoning: R-30
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 39782.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2022
Sold by
Aspen Rm 7 Llc
Bought by
972 Willoughby Way Llc
Current Estimated Value
$15,436,940

Purchase Details

Listed on
Jun 26, 2021
Closed on
Jun 24, 2021
Sold by
Hwc Llc
Bought by
Aspen Rm7 Llc
Seller's Agent
BJ Adams
Compass SMV
Buyer's Agent
Doug Leibinger
Compass Aspen
List Price
$28,000,000
Sold Price
$25,525,000
Premium/Discount to List
-$2,475,000
-8.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.83%

Purchase Details

Closed on
Jul 8, 2014
Sold by
Shook Elesabeth Ridgely
Bought by
Elesabeths Trust

Purchase Details

Closed on
Mar 28, 2007
Sold by
Gibbs Joseph E
Bought by
Shook Barbara Ingalls
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
972 Willoughby Way Llc -- Millard J Zimet Pc
Aspen Rm7 Llc $25,525,000 Title Company Of The Rockies
Hwc Llc -- Title Company Of The Rockies
Elesabeths Trust -- None Available
Shook Barbara Ingalls -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shook Elesabeth R $6,600,000
Previous Owner The Estate Of Barbara Ingalls Shook $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2021 06/26/21 For Sale $28,000,000 +9.7% $3,717 / Sq Ft
06/24/2021 06/24/21 Sold $25,525,000 -- $3,389 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
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 $41,187 $1,431,910 $935,590 $496,320
2023 $41,187 $1,448,510 $946,440 $502,070
2022 $26,285 $830,270 $521,250 $309,020
2021 $26,216 $854,160 $536,250 $317,910
2020 $25,901 $841,910 $521,950 $319,960
2019 $25,901 $841,910 $521,950 $319,960
2018 $24,072 $890,780 $525,600 $365,180
2017 $20,910 $782,860 $518,400 $264,460
2016 $16,483 $604,960 $457,700 $147,260
2015 $16,380 $604,960 $457,700 $147,260
2014 $18,933 $682,870 $457,700 $225,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 170754

Aspen Glenwood MLS

APN: R003707