NOT LISTED FOR SALE

120 Red Mountain Rd Aspen, CO 81611

Estimated Value: $7,744,000 - $19,832,338

4 Beds
5.5 Baths
4,342 Sq Ft
$3,176/Sq Ft Est. Value

Last Sold May 22, 2017

Last sale price $9,600,000 $2,211 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $79,977/month

Highlights

  • Spa
  • River Front
  • Green Building
  • Aspen Middle School Rated A-
  • 0.7 Acre Lot
  • Contemporary Architecture

About This Home

As of May 2017

Located at the base of Red Mountain, this fashionable four bedroom, five and one half bath luxury home just underwent a complete remodel. Featuring open living area with vaulted ceilings, gas fireplace and spectacular views extending out to a spacious deck. State of the art kitchen with stainless steel appliances and adjoining dining area with seating for eight and a cozy wood-burning fireplace. Extensive master suite with office, sitting area, gas fireplace, walk-in closet and master bath with his and hers vanities, steam shower and soaking tub. Amazing extras include a media room, hot tub overlooking Hunter Creek, an expansive mud room with storage and a two car garage.

Last Agent to Sell the Property

Wendalin Whitman

Whitman Fine Properties Brokerage Phone: (970) 544-3771 License #ER.001311517 Listed on: 04/10/2017

Last Buyer's Agent

Kristi Gilliam

Gilliam Properties of Aspen License #EI40010276

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,926

Year Built

  • Built in 1968

Lot Details

  • 0.7 Acre Lot
  • River Front
  • Cul-De-Sac
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned R-30

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 4,342 Sq Ft Home
  • 3-Story Property
  • Furnished
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Property Views

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Utilities

  • Air Conditioning
  • Radiant Heating System
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Green Building
  • Mineral Rights Excluded

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 273707200028

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,926

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.7
  • Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Stove Top, Range, Microwave, Dishwasher
  • Subdivision Name: Red Mountain
  • Directions: North on Mill Street, turns into Red Mountain Road. Driveway is just past Lone Pine Road on the right. Follow driveway to the end.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1968
  • Tax Parcel Letter: R004288
  • Attribution Contact: (970) 544-3771
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-30
  • 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: 12926.0
  • Financing Info:Tax Year2: 2016
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Freezer: Yes
  • Inclusions:Stove Top: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Cooling:AC: Yes
  • Roof:Tar Gravel: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 4342.0
  • Fireplace:Gas: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Landscaped
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Frame
  • Property Condition: Excellent
  • Roof: Tar/Gravel
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes
  • General Info:Garage SqFt: 555.0

Utilities

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

Condo/Co-op/Association

  • Association: 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

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 30672.0
  • Parcel #: 273707200028
  • Zoning: R-30
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12926.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2017
Closed on
May 22, 2017
Sold by
Kelly Hall Aspen Llc
Bought by
Eec Ehc Llc
Seller's Agent
Wendalin Whitman
Whitman Fine Properties
Buyer's Agent
Kristi Gilliam
Gilliam Properties of Aspen
List Price
$9,925,000
Sold Price
$9,600,000
Premium/Discount to List
-$325,000
-3.27%
Current Estimated Value
$13,788,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,188,169
Avg. Annual Appreciation
4.59%
Original Mortgage
$1,825,344
Outstanding Balance
$974,365
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$12,813,804

Purchase Details

Listed on
Jan 24, 2015
Closed on
Feb 29, 2016
Sold by
Red Mountain Riverfront Llc
Bought by
Kelly Hall Aspen Llc
Seller's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Wendalin Whitman
Whitman Fine Properties
List Price
$7,900,000
Sold Price
$8,160,000
Premium/Discount to List
$260,000
3.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.13%
Original Mortgage
$4,896,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 24, 2013
Closed on
Feb 27, 2014
Sold by
Jme Levins Llc
Bought by
Red Mountain Riverfront Llc
Seller's Agent
Carol Dopkin
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$5,750,000
Sold Price
$3,100,000
Premium/Discount to List
-$2,650,000
-46.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.85%
Original Mortgage
$1,200,000
Interest Rate
4.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2003
Sold by
Levins Ellie H
Bought by
Jme Levins Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 29, 2003
Sold by
Qualified Personal Residence Tr Macia Co
Bought by
Levins Frank Joseph and Levins Molly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
5.75%
Mortgage Type
Unknown
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
Eec Ehc Llc $9,600,000 None Available
Kelly Hall Aspen Llc $8,160,000 Attorneys Title Ins Agency O
Red Mountain Riverfront Llc $3,100,000 Pct
Jme Levins Llc -- --
Jme Levins Llc -- --
Jme Levins Llc -- --
Levins Frank Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eec Ehc Llc $1,825,344
Previous Owner Kelly Hall Aspen Llc $4,896,000
Previous Owner Red Mountain Riverfront Llc $1,975,000
Previous Owner Red Mountain Riverfront Llc $1,200,000
Previous Owner Jme Levins Llc $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2017 05/22/17 Sold $9,600,000 -3.3% $2,211 / Sq Ft
04/10/2017 04/10/17 For Sale $9,925,000 +21.6% $2,286 / Sq Ft
04/05/2017 04/05/17 Pending -- -- --
02/29/2016 02/29/16 Sold $8,160,000 +3.3% $1,879 / Sq Ft
08/20/2015 08/20/15 Pending -- -- --
01/24/2015 01/24/15 For Sale $7,900,000 +154.8% $1,819 / Sq Ft
02/27/2014 02/27/14 Sold $3,100,000 -46.1% $1,155 / Sq Ft
01/07/2014 01/07/14 Pending -- -- --
09/24/2013 09/24/13 For Sale $5,750,000 -- $2,142 / 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 $34,460 $1,048,220 $467,360 $580,860
2023 $34,460 $1,061,090 $473,100 $587,990
2022 $25,610 $698,550 $278,000 $420,550
2021 $25,500 $718,650 $286,000 $432,650
2020 $24,273 $679,410 $268,130 $411,280
2019 $24,273 $679,410 $268,130 $411,280
2018 $21,677 $684,160 $270,000 $414,160
2017 $19,126 $601,340 $252,000 $349,340
2016 $12,926 $398,060 $238,800 $159,260
2015 $7,845 $244,740 $238,800 $5,940
2014 $12,140 $361,930 $350,240 $11,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 148384

Aspen Glenwood MLS

APN: R004288