NOT LISTED FOR SALE

1235 Red Butte Dr Aspen, CO 81611

Estimated Value: $6,779,701 - $9,624,000

4 Beds
3 Baths
2,600 Sq Ft
$3,048/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $4,100,000 $1,577 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $43,366/month

159 Days on Market

Highlights

  • 1 Acre Lot
  • Green Building
  • Lake, Pond or Stream
  • Aspen Middle School Rated A-
  • Contemporary Architecture
  • 3-minute walk to Red Butte

About This Home

As of August 2020

Imagine owning an acre of land within Aspen city limits with two seasonal streams, a pond and a well-maintained 2,600 sq. foot modernized home. Amenities include a smart HenryBuilt kitchen with rich wood finishes, handsome white oak flooring, radiant heat, two wood-burning fireplaces and a simple and contemporary design with generous windows to let in natural sunlight. Enjoy this remodeled home or explore possibilities of adding a carriage house or A.D.U., expansion or new build SF or a new duplex. Buyer to verify development possibilities w/ Surveyor net lot size. Located in the Aspen School District.

Last Agent to Sell the Property

Carol Hood Peterson

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 License #EA329031 Listed on: 01/10/2020

Last Buyer's Agent

Mark Lewis

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #EA1326527

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,783

Year Built

  • Built in 1974

Lot Details

  • 1 Acre Lot
  • Northeast Facing Home
  • Fenced
  • Gentle Sloping Lot
  • 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
  • Membrane Roofing
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Property Views
  • Finished Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Lake, Pond or Stream
  • Patio

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • 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 Butte Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273501306002

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,783

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Red Butte Subd
  • Directions: From Hwy 82 turn onto Cemetery Lane. Turn right onto Red Butte Drive. Home is on the right in 0.4 miles.
  • Above Grade Finished Sq Ft: 1814.0
  • Architectural Style: Other, Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1974
  • Tax Parcel Letter: R005422
  • Attribution Contact: (970) 925-7000
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-30
  • 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
  • General Info:Levels: 3.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 7783.12
  • Financing Info:Tax Year2: 2019
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Roof:Membrane: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 1814.0
  • Unit Faces:North: Yes
  • General Info:LvHtSqFt (Blw Grnd): 786.0
  • Unit Faces:East: Yes
  • Substructure:Finished Basement: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Freezer: Yes
  • Roof:Tar Gravel: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Finished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 786.0
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2600.0
  • Fireplace:Gas: Yes
  • Style Other: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Frame
  • Property Condition: Excellent
  • Roof: Tar/Gravel, Membrane
  • 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: 502.0

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Natural Gas, Baseboard
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Pond Stream Lake: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 273501306002
  • Zoning: R-30
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7783.12
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2020
Closed on
Aug 3, 2020
Sold by
Gardner Todd and Gardner Katharine
Bought by
Blue Sky Co Ii Llc
Seller's Agent
Carol Hood Peterson
Coldwell Banker Mason Morse-Aspen
Buyer's Agent
Mark Lewis
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$4,200,000
Sold Price
$4,100,000
Premium/Discount to List
-$100,000
-2.38%
Current Estimated Value
$7,923,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,823,925
Avg. Annual Appreciation
13.54%
Original Mortgage
$3,000,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2013
Closed on
Jan 21, 2014
Sold by
Red Butte 1235 Llc
Bought by
Gardner Todd and Gardner Katharine
Seller's Agent
Bill Stirling
Stirling Peak Properties, LLC
Buyer's Agent
Carol Hood
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$2,200,000
Sold Price
$2,100,000
Premium/Discount to List
-$100,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.77%
Original Mortgage
$1,680,000
Interest Rate
4.48%
Mortgage Type
New Conventional
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
Blue Sky Co Ii Llc $4,100,000 Land Title Guarantee
Gardner Todd $2,100,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blue Sky Co Ii Llc $4,000,000
Closed Blue Sky Co Ii Llc $3,000,000
Previous Owner Gardner Todd $1,680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Sold $4,100,000 -2.4% $1,577 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $4,200,000 +100.0% $1,615 / Sq Ft
01/21/2014 01/21/14 Sold $2,100,000 -4.5% $808 / Sq Ft
12/04/2013 12/04/13 Pending -- -- --
12/02/2013 12/02/13 For Sale $2,200,000 -- $846 / 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 $18,252 $555,200 $412,660 $142,540
2023 $18,252 $563,290 $418,680 $144,610
2022 $9,880 $269,480 $208,500 $60,980
2021 $8,440 $237,860 $214,500 $23,360
2020 $7,783 $217,850 $185,900 $31,950
2019 $7,783 $217,850 $185,900 $31,950
2018 $7,705 $219,380 $187,200 $32,180
2017 $6,798 $213,740 $180,000 $33,740
2016 $6,946 $213,890 $179,100 $34,790
2015 $6,856 $213,890 $179,100 $34,790
2014 $6,311 $188,160 $175,120 $13,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 162657

Aspen Glenwood MLS

APN: R005422