$13,260,000
SOLD AUG 31, 2020

1220 Red Butte Dr Aspen, CO 81611

4 Beds
4.5 Baths
5,319 Sq Ft
0.56 Acres

Recently Sold

$2,493 Per Sq Ft

12% Below List Price

9 Days on Market

Highlights

  • River Front
  • 0.56 Acre Lot
  • Steam Shower
  • Aspen Middle School Rated A-
  • Contemporary Architecture
  • 3-minute walk to Red Butte

About This Home

As of September 2021

Located in the city of Aspen this beautiful home is situated on a 1/2 acre river property, adjoining a 1-acre private open space meadow with mature trees and one hundred yards of river frontage. Located on a cul-de-sac street, with close proximity to the Rio Grande path and Sunny Side trail.

The house, remodeled by Sophie Harvey Design, is quietly chic and elegant with high ceilings, a very spacious art studio and two private courtyards.

Last Agent to Sell the Property

Alain Azizi

Slifer Smith & Frampton RFV Brokerage Phone: (970) 925-8088 License #IA.100017711 Listed on: 06/22/2020

Last Buyer's Agent

A. Scott Davidson

Christie's International Real Estate Aspen Snowmass License #ER.1199425

Christie's International Real Estate Aspen Snowmass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,010

Year Built

  • Built in 1984

Lot Details

  • 0.56 Acre Lot
  • River Front
  • Cul-De-Sac
  • South Facing Home
  • Southern Exposure
  • Fenced
  • Interior Lot
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned R30

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 5,319 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • ENERGY STAR Qualified Windows
  • Window Treatments
  • Crawl Space
  • Home Security System
  • Property Views

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Low Flow Toliet
  • Steam Shower

Laundry

  • Laundry Room
  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Outdoor Features

  • Patio
  • Storage Shed

Location

  • Mineral Rights Excluded

Utilities

  • Radiant Heating System
  • Water Rights Not Included
  • Water Softener
  • Satellite Dish
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer, ground maintenance
  • Red Butte Subd Subdivision
  • On-Site Maintenance
  • Property is near a preserve or public land

Listing and Financial Details

  • Exclusions: See Remarks
  • Assessor Parcel Number 273501316004

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,010

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.56
  • Inclusions: Energy Star Dishwash, Energy Star Refrig, Oven, Window Coverings, Water Softener, Stove Top, Satellite Dish, Range, Microwave, Energy Star Washer, Energy Star Dryer
  • 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.
  • Above Grade Finished Sq Ft: 5319.0
  • Architectural Style: Two Story, Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1984
  • Tax Parcel Letter: R008449
  • Attribution Contact: (970) 925-8088
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R30
  • General Info:Main Floor Master: No
  • 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: No
  • Financing Info:Taxes2: 21010.32
  • Financing Info:Tax Year2: 2019
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Substructure:Crawl Space: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 5319.0
  • Inclusions:Water Softener: Yes
  • Unit Faces:South: Yes
  • Style:Two Story: Yes
  • Inclusions:Oven: Yes
  • Water Efficiency:Low Flow Toilets: Yes
  • Home Performance Programs:Energy Star Rated: No
  • Inclusions:Stove Top: Yes
  • Extras:Steam Shower: Yes
  • Roof:Shake: Yes
  • Extras:Softener: Yes
  • Inclusions:Energy Star Dishwash: Yes
  • Inclusions:Energy Star Dryer: Yes
  • Inclusions:Energy Star Refrig: Yes
  • Inclusions:Energy Star Washer: Yes
  • Energy Efficiency:ENERGY STAR Qualified Windows: Yes
  • Inclusions:Satellite Dish: Yes
  • Extras:Storage Shed: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 5319.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Interior Lot, Cul-De-Sac, Landscaped
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Disclosures: Seller Lic RE Agent
  • Exclusions: See Remarks
  • Construction Type: Wood Siding, Frame
  • Property Condition: Excellent
  • Roof: Shake
  • 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: 464.0

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Heating: Radiant
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Pets Allowed/Renter
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Interior Lot: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Cul-de-Sac: Yes
  • Location Amenities:River Frontage: Yes
  • Location Amenities:Borders Public Land: Yes

Fee Information

  • Association Fee Includes: Sewer, Maintenance Grounds

Lot Info

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

Green Features

  • Green Water Conservation: Low Flow Toilets

Tax Info

  • Tax Annual Amount: 21010.32
  • Tax Year: 2019

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
$11,828,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,859,168
Avg. Annual Appreciation
-8.55%

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

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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 $18,688,000 Land Title Guarantee Co
Special Warranty Deed $13,260,000 Land Title Guarantee Co
Interfamily Deed Transfer -- Land Title Guarantee Co
Deed -- None Available
Special Warranty Deed $300,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $4,950,000 None Available
Warranty Deed $4,225,000 None Available
Quit Claim Deed -- None Available
Bargain Sale Deed -- None Available
Warranty Deed $3,500,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,750,000 Construction
Previous Owner $9,200,000 New Conventional
Previous Owner $1,000,000 Commercial
Previous Owner $1,200,000 Credit Line Revolving
Previous Owner $3,250,000 Purchase Money Mortgage
Previous Owner $25,000 Unknown
Previous Owner $300,000 Unknown
Previous Owner $72,000 Unknown
Previous Owner $450,000 Unknown
Previous Owner $75,000 Unknown
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

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Map

Source: Aspen Glenwood MLS

MLS Number: 164860

Aspen Glenwood MLS

APN: R008449