NOT LISTED FOR SALE

122 E Reds Rd Aspen, CO 81611

Estimated Value: $8,662,000

4 Beds
3.5 Baths
6,434 Sq Ft
$1,346/Sq Ft Est. Value

Last Sold February 18, 2014

Last sale price $7,500,000 $1,166 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $49,248/month

166 Days on Market

Highlights

  • Horse Property
  • Spa
  • Hydromassage or Jetted Bathtub
  • Aspen Middle School Rated A-
  • 0.94 Acre Lot
  • 2 Fireplaces

About This Home

As of February 2014

Enjoy stunning direct views of Aspen Mountain as well as views of Independence Pass, Highlands, Buttermilk, Snowmass & beyond from this comfortable home in the Red Mountain Ranch subdivision. Features include 4 bedrooms, 3.5 baths, 6434 square feet, floor to ceiling windows, formal dining room, gourmet kitchen, wood & stone accents, wood-burning stone fireplace in the great room, vaulted ceilings, hardwood floors, partial A/C, enclosed terrace off the master suite, basketball court, two car garage, hot tub, spacious deck, fenced back yard, and access to a common horse pasture.

Last Agent to Sell the Property

Craig Morris

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA40009691 Listed on: 08/21/2013

Last Buyer's Agent

Gayle Armytage

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,272

Year Built

  • Built in 1981

Lot Details

  • 0.94 Acre Lot
  • South Facing Home
  • Southern Exposure
  • Fenced
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Split Level Home
  • Brick or Stone Mason
  • Frame Construction
  • Shake Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 6,434 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Crawl Space
  • Property Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Horse Property
  • Patio

Location

  • Mineral Rights Excluded

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 273706403009

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include sewer, snow removal, ground maintenance
  • Red Mountain Ranch Subdivision

Recreation

  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,272

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.94
  • Inclusions: Ceiling Fan, Dryer, Freezer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Red Mountain Ranch
  • Directions: Red Mountain Road, then right onto East Reds Road.
  • Architectural Style: Split Level
  • Master Model: No
  • New Construction: No
  • Year Built: 1981
  • Tax Parcel Letter: R004029
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 4.0
  • Financing Info:Taxes2: 16271.84
  • Financing Info:Tax Year2: 2012
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Substructure:Crawl Space: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • Unit Faces:South: Yes
  • Inclusions:Freezer: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Roof:Shake: Yes
  • Extras:Softener: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Style:Split Level: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 6434.0
  • Fireplace:Gas: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Disclosures: Right of 1st Refusal
  • Construction Type: Wood Siding, Stone Veneer, Stone, Frame
  • Property Condition: Excellent
  • Roof: Shake
  • Construction:Frame: Yes
  • Construction:Stone: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car

Utilities

  • Laundry Features: Inside
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Horse Property: Yes

Fee Information

  • Association Fee Includes: Sewer, Snow Removal, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 40797.0
  • Parcel #: 273706403009
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16271.84
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2013
Sold by
Kahn Farrell
Bought by
Rr Aspen Llc
Current Estimated Value
$8,662,000

Purchase Details

Closed on
Jan 28, 2011
Sold by
Kahn Farrell and Kahn Patrice
Bought by
Kahn Farrell
Source: Public Records

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
Rr Aspen Llc $6,500,000 None Available
Kahn Farrell -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rr Aspen Llc $1,400,000
Previous Owner Kahn Farrell $750,000
Previous Owner Kahn Farrell $4,100,000
Previous Owner Kahn Farrell $4,100,000
Previous Owner Kahn Farrell $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2014 02/18/14 Sold $7,500,000 -25.0% $1,166 / Sq Ft
02/03/2014 02/03/14 Pending -- -- --
08/21/2013 08/21/13 For Sale $9,995,000 -- $1,553 / 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 $42,051 $1,461,940 $735,140 $726,800
2023 $42,051 $1,542,200 $743,660 $798,540
2022 $29,184 $921,850 $486,500 $435,350
2021 $29,108 $948,380 $500,500 $447,880
2020 $25,145 $817,330 $393,250 $424,080
2019 $25,145 $817,330 $393,250 $424,080
2018 $19,868 $823,050 $396,000 $427,050
2017 $12,975 $485,760 $396,000 $89,760
2016 $15,820 $580,630 $437,800 $142,830
2015 $15,852 $585,480 $437,800 $147,680
2014 $19,229 $693,550 $533,320 $160,230
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Craig Morris

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 429-1090

    64 in this area

    91 Total Sales

    Craig Morris
    Section Image

  • G

    Buyer's Agent in 2014

    Gayle Armytage

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 130249

Aspen Glenwood MLS

APN: R004029

Colorado Pitkin County Aspen 81611

122 E Reds Rd, Aspen, CO

This home is located at 122 E Reds Rd, Aspen, CO 81611 since 21 August 2013 and is currently estimated at $8,662,000, approximately $1,346 per square foot. This property was built in 1981. 122 E Reds Rd is a home located in Pitkin County with nearby schools including Aspen Elementary School, Aspen Middle School, and Aspen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Aspen Glenwood MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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