$8,125,000
SOLD JUN 30, 2022

1205 Red Butte Dr Aspen, CO 81611

5 Beds
5.5 Baths
4,649 Sq Ft
1.08 Acres

Recently Sold

$1,748 Per Sq Ft

14% Below List Price

15 Days on Market

Highlights

  • 1.08 Acre Lot
  • 4 Fireplaces
  • North Facing Home
  • Aspen Middle School Rated A-
  • 3 Car Garage
  • 4-minute walk to Red Butte

About This Home

As of June 2022

Located on one of Aspen's most desired in-town ''country'' streets, mature trees provide supreme privacy for this beautifully maintained 4,649 sq ft estate. The four bedroom, four and one half bath main home is surrounded by decks and patios to enjoy the peace, quiet and friendly neighborhood ambience. The Gourmet Kitchen and multiple Living Spaces are an entertainer's dream. The Master Suite includes a private Sun Room, Deck, and five-piece Master Bath for a serene escape. Oversize three car Garage provides ample space for the all the accessories that come with our mountain lifestyle. A spacious 2nd downstairs Master adds additional privacy for family or houseguests. Additional one bed, one bath Guest Apt is perfect for a caretaker or guests that need a little extra space and/or privacy.

Last Agent to Sell the Property

Brian Hazen

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 License #EA.000189091 Listed on: 03/30/2022

Coldwell Banker Mason Morse-Aspen

Last Buyer's Agent

Chris Klug

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA100025125

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,553

Year Built

  • Built in 1971

Lot Details

  • 1.08 Acre Lot
  • North Facing Home
  • Property is zoned R-30

Parking

  • 3 Car Garage

Interior Spaces

  • 4,649 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Homes

  • Accessory Dwelling Unit (ADU)

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 273501306001

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,553

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.08
  • Subdivision Name: Red Butte Subd
  • Directions: From 82, turn north on Cemetery Lane and follow to bottom of hill. Turn right on Red Butte Dr. House is the last on the right before Overlook Dr.
  • Garage Yn: Yes
  • Master Model: No
  • Year Built: 1971
  • Tax Parcel Letter: R005330
  • Attribution Contact: (970) 925-7000
  • Location Info:Furnished: Partial
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-30
  • General Info:Main Floor Master: No
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: Yes
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 12552.84
  • Financing Info:Tax Year2: 2021
  • Sanitation:Sewer: Yes
  • General Info:Unit Faces: North
  • Financing Info:HOA Dues YN: No
  • Special Features: VirtualTour

Interior Features

  • Furnished: Partially
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 4
  • Fireplace: Yes
  • Living Area: 4649.0
  • Fireplace:Gas: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Direction Faces: North

Garage/Parking

  • Keywords Info:Garage: 3 Car
  • General Info:Garage SqFt: 1250.0

Utilities

  • Heating: Radiant, Natural Gas
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 47044.0
  • Parcel #: 273501306001
  • Zoning: R-30
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12552.84
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2022
Sold by
John R Elkins Revocable Trust
Bought by
Yak And Yeti Llc
Total Days on Market
15
Current Estimated Value
$8,334,639

Purchase Details

Closed on
Aug 21, 2017
Sold by
Kaye Susan and Elkins John R
Bought by
The Susan Kaye Revocable Trust

Purchase Details

Closed on
Nov 24, 2015
Sold by
John R Elkins Descendants Trust
Bought by
Kaye Susan and Elkins John R

Purchase Details

Closed on
Dec 21, 2012
Sold by
Elkins John R
Bought by
John R Elkins Descendants Trust
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 -- None Listed On Document
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Unknown
Previous Owner $1,000,000 Unknown
Previous Owner $980,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Under Contract -- -- --
11/15/2022 11/15/22 Rented $25,000 -16.7% --
08/08/2022 08/08/22 For Rent $30,000 0.0% --
06/30/2022 06/30/22 Sold $8,125,000 -14.5% $1,748 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $9,500,000 -- $2,043 / 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 $17,773 $540,630 $412,590 $128,040
2023 $17,773 $548,570 $419,430 $129,140
2022 $12,353 $343,880 $208,500 $135,380
2021 $12,299 $353,770 $214,500 $139,270
2020 $12,798 $358,220 $185,900 $172,320
2019 $12,543 $358,220 $185,900 $172,320
2018 $10,382 $360,730 $187,200 $173,530
2017 $9,160 $346,090 $180,000 $166,090
2016 $12,628 $396,830 $179,100 $217,730
2015 $12,465 $396,830 $179,100 $217,730
2014 $7,962 $245,340 $175,120 $70,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 174233

Aspen Glenwood MLS

APN: R005330