NOT LISTED FOR SALE

1220 Red Butte Dr Aspen, CO 81611

Estimated Value: $20,626,860

5 Beds
5.5 Baths
5,872 Sq Ft
$3,513/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $18,688,000 $3,183 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $113,662/month

18 Days on Market

Highlights

  • 0.56 Acre Lot
  • Furnished
  • 3-minute walk to Red Butte
  • Aspen Middle School Rated A-
  • No HOA

About This Home

As of September 2021

1220 Red Butte has been reimagined! Just completed remodeled by Rowland + Broughton and beautifully furnished with designer furnishings. Enjoy the river from the newly expanded deck. There are 2 large patio areas for more outdoor entertaining. 5 bedrooms, 5 bathrooms plus a powder room. All new landscaping makes this river front property with a large open space a true retreat from the hustle and bustle of Aspen.

Last Agent to Sell the Property

A. Scott Davidson

Christie's International Real Estate Aspen Snowmass Brokerage Phone: (970) 544-5800 License #ER.1199425 Listed on: 07/22/2021

Christie's International Real Estate Aspen Snowmass

Last Buyer's Agent

Jill Shore

Compass Aspen License #EA1012905

Compass Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,186

Year Built

  • Built in 1984

Lot Details

  • 0.56 Acre Lot
  • Property is zoned R30

Interior Spaces

  • 5,872 Sq Ft Home
  • 2-Story Property
  • Furnished

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • No Home Owners Association
  • Red Butte Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273501316004

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,186

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.56
  • Subdivision Name: Red Butte Subd
  • Directions: End of Cemetery Lane, Right on Red Butte Drive. House is at the end of the street on the left.
  • Master Model: No
  • Year Built: 1984
  • Tax Parcel Letter: R008449
  • Attribution Contact: (970) 544-5800
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R30
  • Listing Info:REO: No
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 21185.6
  • Financing Info:Tax Year2: 2020
  • Financing Info:HOA Dues YN: No
  • General Info:Main Floor Primary: No
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 5872.0

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 24393.0
  • Parcel #: 273501316004
  • Zoning: R30
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 21185.6
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Sep 17, 2021
Sold by
Anh Aspen Holdings Llc
Bought by
The Haim Family Trust
Seller's Agent
A. Scott Davidson
Christie's International Real Estate Aspen Snowmass
Buyer's Agent
Jill Shore
Compass Aspen
List Price
$19,950,000
Sold Price
$18,688,000
Premium/Discount to List
-$1,262,000
-6.33%
Current Estimated Value
$20,626,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,938,860
Avg. Annual Appreciation
-8.28%

Purchase Details

Listed on
Jun 22, 2020
Closed on
Aug 31, 2020
Sold by
Dilucia Anthony M and Vandomelen Peter Van
Bought by
Ahn Aspen Holdings Llc
Seller's Agent
Alain Azizi
Slifer Smith & Frampton RFV
Buyer's Agent
A. Scott Davidson
Christie's International Real Estate Aspen Snowmass
List Price
$15,000,000
Sold Price
$13,260,000
Premium/Discount to List
-$1,740,000
-11.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.65%

Purchase Details

Closed on
Mar 13, 2020
Sold by
Butera Sophie Harvey and Harvey Sophie
Bought by
Harvey Sophie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2015
Sold by
Sophie Harvey Butera Residence Trust
Bought by
Miles Butera Irrevocable Trust

Purchase Details

Closed on
Aug 27, 2008
Sold by
Butera T Richard
Bought by
Miles Butera Irrevovable Idg Trust

Purchase Details

Closed on
Mar 24, 2008
Sold by
Butera Sophie Harvey
Bought by
Sophie Harvey Butera Residence Trust

Purchase Details

Closed on
Jan 16, 2008
Sold by
1220 Red Butte Llc
Bought by
Butera T Richard T and Butera Sophie Harvey

Purchase Details

Closed on
Jul 5, 2006
Sold by
Casa Del Rio Llc
Bought by
1220 Red Butte Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,250,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2006
Sold by
Casa Del Rio Llc
Bought by
1220 Red Butte Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,250,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2005
Sold by
Hall George W and Hall George W
Bought by
Casa Del Rio Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
The Haim Family Trust $18,688,000 Land Title Guarantee Co
Ahn Aspen Holdings Llc $13,260,000 Land Title Guarantee Co
Harvey Sophie -- Land Title Guarantee Co
Miles Butera Irrevocable Trust -- None Available
Miles Butera Irrevovable Idg Trust $300,000 None Available
Sophie Harvey Butera Residence Trust -- None Available
Butera T Richard T $4,950,000 None Available
1220 Red Butte Llc $4,225,000 None Available
1220 Red Butte Llc -- None Available
1220 Red Butte Llc -- None Available
Casa Del Rio Llc $3,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haim Family Trust $6,750,000
Previous Owner Ahn Aspen Holdings Llc $9,200,000
Previous Owner Miles Butera Irrevocable Trust $1,000,000
Previous Owner Butera Sophie Harvey $1,200,000
Previous Owner 1220 Red Butte Llc $3,250,000
Previous Owner Hall George W $25,000
Previous Owner Hall George W $300,000
Previous Owner Hall George W $72,000
Previous Owner Hall George W $450,000
Previous Owner Hall George W $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $18,688,000 -6.3% $3,183 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $19,950,000 +50.5% $3,397 / Sq Ft
08/31/2020 08/31/20 Sold $13,260,000 -11.6% $2,493 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $15,000,000 -- $2,820 / 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 $56,796 $1,727,650 $869,140 $858,510
2023 $56,796 $1,747,120 $878,940 $868,180
2022 $21,457 $585,260 $364,880 $220,380
2021 $20,991 $591,570 $375,380 $216,190
2020 $21,010 $588,080 $353,930 $234,150
2019 $21,010 $588,080 $353,930 $234,150
2018 $17,362 $592,190 $356,400 $235,790
2017 $15,319 $566,620 $342,000 $224,620
2016 $15,290 $470,850 $258,700 $212,150
2015 $15,093 $470,850 $258,700 $212,150
2014 $8,918 $265,870 $199,000 $66,870
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    A. Scott Davidson

    Christie's International Real Estate Aspen Snowmass

    (970) 948-4800

    12 in this area

    24 Total Sales

    A. Scott Davidson
    Section Image

  • J

    Buyer's Agent in 2021

    Jill Shore

    Compass Aspen

    (970) 948-6121

    10 in this area

    16 Total Sales

    Jill Shore
    Section Image

  • A

    Seller's Agent in 2020

    Alain Azizi

    Slifer Smith & Frampton RFV

See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 171234

Aspen Glenwood MLS

APN: R008449

Colorado Pitkin County Aspen 81611

1220 Red Butte Dr, Aspen, CO

This home is located at 1220 Red Butte Dr, Aspen, CO 81611 since 22 July 2021 and is currently estimated at $20,626,860, approximately $3,512 per square foot. This property was built in 1984. 1220 Red Butte Dr 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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