$11,750,000
SOLD FEB 28, 2014

1260 Red Butte Dr Aspen, CO 81611

6 Beds
8 Baths
8,126 Sq Ft
0.54 Acres

Recently Sold

$1,446 Per Sq Ft

15% Below List Price

238 Days on Market

Highlights

  • Under Construction
  • Spa
  • Green Building
  • Aspen Middle School Rated A-
  • River Front
  • 2-minute walk to Red Butte

About This Home

As of November 2020

Welcome to SUN*RIVER*ESTATE on the banks of the Roaring Fork, Bowden's latest river front development. You seldom experience an estate property with as much sun and river. This home celebrates both. Amazing southern exposure washes the interior with natural light from sunrise to sunset. Walkout decks extend the experience further, overlooking a one-acre meadow and the Roaring Fork River. A truly unique lifestyle within Aspen City limits.

Last Agent to Sell the Property

Robert Bowden

Bowden Homes Brokerage Phone: (970) 544-2000 Listed on: 06/28/2013

Last Buyer's Agent

Jeffry Pogliano

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA.1325243

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,833

Year Built

  • Built in 2013 | Under Construction

Lot Details

  • 0.54 Acre Lot
  • River Front
  • Home has North and South Exposure
  • Landscaped with Trees
  • Property is zoned R-30-PUD

Parking

  • 2 Car Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Shake Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3-Story Property
  • Furnished
  • Gas Fireplace
  • Walk-Out Basement
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Spa
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Water Rights Not Included

Additional Features

  • Green Building
  • Mineral Rights Excluded

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Gaylord Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273501316002

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,833

Year Built

Built in 2013 | Under Construction

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.54
  • Subdivision Name: Gaylord
  • Directions: Cemetery Lane to Red Butte Dr (Last right before the Roaring Fork River) Half way down on your left.
  • Above Grade Finished Sq Ft: 4101.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: Yes
  • Year Built: 2013
  • Tax Parcel Letter: R008447
  • Attribution Contact: (970) 544-2000
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-30-PUD
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Condition:New: Yes
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 3.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 8833.0
  • Financing Info:Tax Year2: 2012
  • Extras:Hot TubSpa: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Water Rights:No3: Yes
  • Miscellaneous:Under Construction3: Yes
  • Mineral Rights:No2: Yes
  • General Info:LvHtSqFt (Abv Grnd): 4101.0
  • Unit Faces:North: Yes
  • General Info:LvHtSqFt (Blw Grnd): 4025.0
  • Unit Faces:South: Yes
  • Substructure:Walkout: Yes
  • Cooling:Central AC: Yes
  • Home Performance Programs:Energy Star Rated: No
  • Roof:Shake: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: NewHome

Interior Features

  • Furnished: Furnished
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 4025.0
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 8126.0
  • Fireplace:Gas: Yes
  • Style Other: Yes

Exterior Features

  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Concrete, Frame
  • Property Condition: New Construction
  • Roof: Shake
  • Construction:Frame: Yes
  • Construction:Poured Concrete: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car
  • General Info:Garage SqFt: 507.0

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Forced Air
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Forced Air: 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
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:River Frontage: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 23740.0
  • Parcel #: 273501316002
  • Zoning: R-30-PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8833.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Oct 29, 2020
Sold by
Tacales Llc
Bought by
220 Owl Creek Ventues Llc
Seller's Agent
Jeffry Pogliano
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Blake Appleby
Compass Aspen
List Price
$21,900,000
Sold Price
$20,500,000
Premium/Discount to List
-$1,400,000
-6.39%
Current Estimated Value
$7,891,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,609,000
Avg. Annual Appreciation
-24.32%

Purchase Details

Listed on
Jun 28, 2013
Closed on
Feb 28, 2014
Sold by
1260 Red Butte Llc
Bought by
Tacales Llc
Seller's Agent
Robert Bowden
Bowden Homes
Buyer's Agent
Jeffry Pogliano
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$13,900,000
Sold Price
$11,750,000
Premium/Discount to List
-$2,150,000
-15.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.69%

Purchase Details

Closed on
May 31, 2012
Sold by
Collett John
Bought by
1260 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
$5,000,000
Interest Rate
3.8%
Mortgage Type
Construction

Purchase Details

Closed on
May 12, 2011
Sold by
River American Properties Llc
Bought by
Collett John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2006
Sold by
Treadwell Donna
Bought by
River American Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 18, 2004
Sold by
Sme Investments Lp
Bought by
Treadwell Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage
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 $2,050,000 Attorneys Ttl Ins Agcy Of As
Warranty Deed $11,750,000 None Available
Special Warranty Deed -- None Available
Quit Claim Deed -- Pct
Warranty Deed $2,522,000 Pct
Warranty Deed $3,975,000 None Available
Warranty Deed $2,600,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $6,298,000 Adjustable Rate Mortgage/ARM
Previous Owner $6,655,000 New Conventional
Previous Owner $6,655,000 New Conventional
Previous Owner $5,875,000 New Conventional
Previous Owner $5,000,000 Construction
Previous Owner $1,650,000 Purchase Money Mortgage
Previous Owner $11,052 Unknown
Previous Owner $5,800,000 Unknown
Previous Owner $1,850,000 Fannie Mae Freddie Mac
Previous Owner $500,000 Credit Line Revolving
Previous Owner $2,600,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2020 11/03/20 Sold $20,500,000 -6.4% $2,605 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $21,900,000 +86.4% $2,783 / Sq Ft
02/28/2014 02/28/14 Sold $11,750,000 -15.5% $1,446 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
06/28/2013 06/28/13 For Sale $13,900,000 -- $1,711 / 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 $60,550 $1,841,830 $869,260 $972,570
2023 $60,550 $1,862,400 $879,450 $982,950
2022 $36,796 $1,003,660 $364,880 $638,780
2021 $35,457 $999,260 $375,380 $623,880
2020 $39,921 $1,117,400 $353,930 $763,470
2019 $39,921 $1,117,400 $353,930 $763,470
2018 $38,386 $1,125,210 $356,400 $768,810
2017 $33,870 $1,064,890 $342,000 $722,890
2016 $30,331 $934,050 $258,700 $675,350
2015 $29,940 $934,050 $258,700 $675,350
2014 $13,938 $415,550 $199,000 $216,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 121582

Aspen Glenwood MLS

APN: R008447