NOT LISTED FOR SALE

1265 Red Butte Dr Aspen, CO 81611

Estimated Value: $9,120,000 - $14,162,584

5 Beds
4.5 Baths
5,122 Sq Ft
$2,165/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $13,200,000 $2,577 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $63,178/month

About This Home

As of January 2022

Sold before MLS

Last Agent to Sell the Property

Ed Zasacky

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA199381 Listed on: 01/20/2022

Co-Listed By

Ryan Smalls

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-6060 License #EA40026438

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

  • $15,169

Year Built

  • Built in 1973

Lot Details

  • 1 Acre Lot
  • Property is zoned SF

Parking

  • 3 Car Garage

Interior Spaces

  • 5,122 Sq Ft Home
  • 3-Story Property
  • Partially Furnished

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • No Home Owners Association
  • Red Butte Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273501306003

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,169

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Co List Office Mls Id: CBMMAspen
  • Co List Office Phone: 970-925-7000
  • Subdivision Name: Red Butte Subd
  • Directions: Head north on Cemetery Lane, then right on Red Butte. House is on the right.
  • Master Model: No
  • Year Built: 1973
  • Tax Parcel Letter: R005381
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Partial
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: SF
  • General Info:Main Floor Master: No
  • Listing Info:REO: No
  • Listing Info:ADU: No
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 15169.32
  • Financing Info:Tax Year2: 2021
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 5122.0

Garage/Parking

  • Keywords Info:Garage: 3 Car

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 273501306003
  • Zoning: SF
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 15169.32
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Jan 18, 2022
Sold by
Gary R Lichtenwalter Trust
Bought by
Aspen Soap Wash Llc
Seller's Agent
Ed Zasacky
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Mark Lewis
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$13,500,000
Sold Price
$13,200,000
Premium/Discount to List
-$300,000
-2.22%
Current Estimated Value
$11,090,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,109,472
Avg. Annual Appreciation
-4.71%
Original Mortgage
$9,450,000
Outstanding Balance
$8,709,135
Interest Rate
2.95%
Mortgage Type
New Conventional
Estimated Equity
$2,381,393

Purchase Details

Closed on
Oct 19, 2006
Sold by
Lichtenwalter Gary R and Lichtenwalter Daylene G
Bought by
The Gary R Lichtenwalter Trust

Purchase Details

Closed on
Jan 13, 2006
Sold by
Lichtenwalter Gary R and Lichtenwalter Daylene G
Bought by
Lichtenwalter Gary R and Lichtenwalter Daylene G

Purchase Details

Closed on
Apr 24, 2003
Sold by
Donnally Carol
Bought by
Lichtenwalter Gary R and Lichtenwalter Daylene G

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
3.5%
Mortgage Type
Credit Line Revolving
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
Aspen Soap Wash Llc -- None Listed On Document
The Gary R Lichtenwalter Trust -- None Available
The Daylene G Lichtenwalter Trust -- None Available
Lichtenwalter Gary R -- None Available
Lichtenwalter Gary R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aspen Soap Wash Llc $9,450,000
Previous Owner Lichtenwalter Gary R $870,794
Previous Owner The Gary R Lichtenwalter Trust $1,959,500
Previous Owner The Daylene G Lichtenwalter Trust $890,000
Previous Owner Lichtenwalter Gary R $1,500,000
Previous Owner Lichtenwalter Gary R $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2022 01/20/22 For Sale $13,500,000 +2.3% $2,636 / Sq Ft
01/18/2022 01/18/22 Sold $13,200,000 -- $2,577 / Sq Ft
11/14/2021 11/14/21 Pending -- -- --
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 $38,588 $1,173,780 $414,100 $759,680
2023 $38,588 $916,250 $418,960 $497,290
2022 $14,980 $415,550 $208,500 $207,050
2021 $14,916 $427,510 $214,500 $213,010
2020 $16,081 $450,110 $185,900 $264,210
2019 $15,826 $450,110 $185,900 $264,210
2018 $15,370 $453,250 $187,200 $266,050
2017 $13,561 $433,580 $180,000 $253,580
2016 $12,149 $382,080 $159,200 $222,880
2015 $11,992 $382,080 $159,200 $222,880
2014 $8,205 $252,580 $175,120 $77,460
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Ed Zasacky

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 429-3778

    5 in this area

    23 Total Sales

    Ed Zasacky
    Section Image

  • R

    Seller Co-Listing Agent in 2022

    Ryan Smalls

    Coldwell Banker Mason Morse-Aspen

    (970) 948-5092

    6 in this area

    17 Total Sales

    Ryan Smalls
    Section Image

  • M

    Buyer's Agent in 2022

    Mark Lewis

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 948-4734

    9 in this area

    44 Total Sales

    Mark Lewis
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 173414

Aspen Glenwood MLS

APN: R005381

Colorado Pitkin County Aspen 81611

1265 Red Butte Dr, Aspen, CO

This home is located at 1265 Red Butte Dr, Aspen, CO 81611 since 20 January 2022 and is currently estimated at $11,090,528, approximately $2,165 per square foot. This property was built in 1973. 1265 Red Butte Dr is a home located in Pitkin County with nearby schools including Aspen Elementary School, Aspen Middle School, and Aspen High School.

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