NOT LISTED FOR SALE

1251 Homestead Rd Glenwood Springs, CO 81601

Estimated Value: $1,780,000 - $1,846,000

4 Beds
4 Baths
3,046 Sq Ft
$593/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $1,080,000 $355 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $10,370/month

181 Days on Market

About This Home

As of October 2020

Paradise! One of the GRANDEST VIEWS in the Aspen Roaring Fork Valley, and possibly the world! This thoughtfully designed single level home was built in 2017 with the highest quality and keen attention to detail. The property consists of 38 usable acres, mostly flat, great for horses, gardening, an absolute mecca for wildlife. This 4-bedroom, 4-bath home, which is passive solar, consists of double master suites, 1,400 square foot infinity deck, and encompasses views from Sunlight Ski Area to the Continental Divide. Large open kitchen with granite counter tops, stainless steel appliances, and gorgeous flooring throughout. Great room, master suites, and dining area all overlook Mt. Sopris and the Elk Mountain Range art studio also. Sale contingent on Seller locating replacement home.

Last Agent to Sell the Property

Nancy Turner

Aspen Snowmass Sotheby's International Realty-Basalt Brokerage Phone: (970) 927-8080 License #FA.40008126 Listed on: 01/30/2020

Last Buyer's Agent

Debra Ritchie

Aspen Real Estate Connections License #II.40000482

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,371

Year Built

  • Built in 2017

Lot Details

  • 38.15 Acre Lot
  • Property is zoned Rural

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 3,046 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 218736200005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,371

Year Built

Built in 2017

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 38.15
  • Subdivision Name: None
  • Directions: Spring Valley Road to County Road 115. Turn at High Aspen Ranch sign. Turn at Homestead Estates Ranch sign (first left). Stay on Homestead Estates Road.
  • Master Model: No
  • Year Built: 2017
  • Tax Parcel Letter: R050030
  • Attribution Contact: (970) 927-8080
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Rural
  • General Info:Main Floor Master: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • General Info:Levels: 1.0
  • General Info:Short Termable: No
  • Financing Info:Taxes2: 3371.32
  • Financing Info:Tax Year2: 2019
  • Miscellaneous:Under Construction3: No
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 1500.0
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Living Area: 3046.0

Garage/Parking

  • Keywords Info:Garage: 2 Car

Condo/Co-op/Association

  • Association Fee: 1500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 1500.0
  • Financing Info:Association Fee Frequency2: Annually

Lot Info

  • Lot Size Sq Ft: 1661814.0
  • Parcel #: 218736200005
  • Zoning: Rural
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3371.32
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2025
Sold by
Cole Julia Ritchie and Cole Lennon
Bought by
Julia Cole Living Trust and Lennon Cole Living Trust
Current Estimated Value
$1,806,505

Purchase Details

Listed on
Jan 30, 2020
Closed on
Oct 1, 2020
Sold by
Massender Lorelei A and Massender David G
Bought by
Cole Julia Ritchie and Cole Lennon
Seller's Agent
Nancy Turner
Aspen Snowmass Sotheby's International Realty-Basalt
Buyer's Agent
Debra Ritchie
Aspen Real Estate Connections
List Price
$1,149,000
Sold Price
$1,080,000
Premium/Discount to List
-$69,000
-6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.13%
Original Mortgage
$852,735
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2016
Sold by
Denbo James R
Bought by
Massender David G and Massender Lorelei A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
3.59%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
Dec 4, 2003
Sold by
Denbo Beverly B
Bought by
Denbo James R
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
Julia Cole Living Trust -- None Listed On Document
Cole Julia Ritchie $1,080,000 Title Co Of The Rockies
Massender David G $225,000 Land Title Guarantee Company
Denbo James R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cole Julia Ritchie $852,735
Previous Owner Massender Dave G $630,000
Previous Owner Massender David G $100,000
Previous Owner Massender David G $35,000
Previous Owner Massender David G $520,000
Previous Owner Massender David G $460,000
Previous Owner Massender David G $410,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $1,080,000 -6.0% $355 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $1,149,000 -- $377 / 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 $5,739 $91,000 $30,590 $60,410
2023 $5,739 $91,000 $30,590 $60,410
2022 $4,374 $64,150 $16,330 $47,820
2021 $4,433 $66,000 $16,800 $49,200
2020 $3,503 $55,830 $16,090 $39,740
2019 $3,371 $53,220 $16,090 $37,130
2018 $3,386 $53,700 $16,200 $37,500
2017 $1,386 $22,010 $16,200 $5,810
2016 $4,095 $63,800 $63,800 $0
2015 $4,162 $63,800 $63,800 $0
2014 $2,481 $40,600 $40,600 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    Nancy Turner

    Aspen Snowmass Sotheby's International Realty-Basalt

  • Debra Ritchie

    Buyer's Agent in 2020

    Debra Ritchie

    Aspen Real Estate Connections

    (970) 379-3994

    6 Total Sales

    Debra Ritchie
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Map

Source: Aspen Glenwood MLS

MLS Number: 162930

Aspen Glenwood MLS

APN: R050030

Colorado Garfield County Glenwood Springs 81601

1251 Homestead Rd, Glenwood Springs, CO

This home is located at 1251 Homestead Rd, Glenwood Springs, CO 81601 since 30 January 2020 and is currently estimated at $1,806,505, approximately $593 per square foot. This property was built in 2017. 1251 Homestead Rd is a home located in Garfield County.

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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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