NOT LISTED FOR SALE

1295 Riverside Dr Unit A Aspen, CO 81611

Estimated Value: $6,050,000 - $9,143,771

4 Beds
3 Baths
3,071 Sq Ft
$2,559/Sq Ft Est. Value

Last Sold June 10, 2019

Last sale price $3,650,000 $1,189 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $42,662/month

2 Days on Market

Highlights

  • Green Building
  • Maid or Guest Quarters
  • 2 Fireplaces
  • Aspen Middle School Rated A-
  • Wood Burning Stove
  • Steam Shower

About This Home

As of June 2019

Located in the coveted Riverside neighborhood of east Aspen, yet within easy walking distance to downtown, this timeless, single family home epitomizes the modern mountain chalet. Designed by Robert ''Rob'' Roy (1926 -1992), this impeccable home was remodeled in 2005 to incorporate a thoughtful floor plan nestled in an aspen grove. The primary living spaces are located on the upper level with an inviting deck perfect for outdoor dining and grilling. Features including 4 bedrooms, 3 baths, a roaring wood burning fireplace in the living room, a second media/family gathering room on the lower level and a separate entrance to an office or mother-in-law suite – all make for flexible Aspen living.

Last Agent to Sell the Property

Dayna Horton

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA40029579 Listed on: 03/18/2019

Last Buyer's Agent

Layne Shea

Douglas Elliman Real Estate-Hyman Ave License #FA.100004067

Douglas Elliman Real Estate-Hyman Ave

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,321

Year Built

  • Built in 1960

Lot Details

  • 5,690 Sq Ft Lot
  • Interior Lot
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Historic Home
  • Property is in excellent condition

Parking

  • 2 Parking Spaces

Home Design

  • Split Level Home
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Stucco Exterior
  • Radon Mitigation System

Interior Spaces

  • 3,071 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Laundry Room
  • Finished Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Steam Shower

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 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
  • Riverside Subdivision

Listing and Financial Details

  • Exclusions: Washer, Dryer
  • Assessor Parcel Number 273718117019

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,321

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Inclusions: Freezer, Oven, Refrigerator, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Riverside
  • Directions: From City Market in Aspen, take Cooper/Hwy 82 East towards Independence Pass for 1/2 a mile. Turn Right on Riverside Drive. 1295 Riverside Drive is on your left.
  • Architectural Style: Split Level
  • Master Model: No
  • New Construction: No
  • Year Built: 1960
  • Tax Parcel Letter: R019343
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: SINGLE FAMILY
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 5320.92
  • Financing Info:Tax Year2: 2018
  • Extras:GuestCaretaker Qtrs: Yes
  • 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
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Window Coverings: Yes
  • Exterior:Stucco: Yes
  • Substructure:Finished Basement: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Freezer: Yes
  • Roof:Metal: Yes
  • Extras:Steam Shower: Yes
  • Indoor Air Quality:Radon System: Yes
  • Extras:Storage Shed: Yes
  • Style:Split Level: Yes
  • Disclosures:Historical: Yes
  • Financing Info:HOA Dues YN: No
  • Listing Info In Foreclosure: No
  • General Info:Main Floor Primary: No
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Finished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 3071.0
  • Fireplace:Gas: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Interior Lot, Landscaped
  • Disclosures: Excluded Buyer, Historical
  • Exclusions: Washer, Dryer
  • Construction Type: Wood Siding, Stucco, Frame
  • Property Condition: Excellent
  • Roof: Metal
  • Construction:Frame: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking Area Total Parking: 2.0

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wood Stove, Natural Gas, Forced Air
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Wood Stove: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Interior Lot: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 5690.0
  • Parcel #: 273718117019
  • Zoning: SINGLE FAMILY
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5320.92
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2021
Sold by
Hall Kurt and Hall Anne
Bought by
Hall Kurt
Current Estimated Value
$7,857,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,920,000
Outstanding Balance
$2,632,895
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$5,083,274

Purchase Details

Listed on
Mar 18, 2019
Closed on
Jun 10, 2019
Sold by
Welgos Family Trust
Bought by
Hall Kurt C
Seller's Agent
Dayna Horton
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Layne Shea
Douglas Elliman Real Estate-Hyman Ave
List Price
$3,650,000
Sold Price
$3,650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.64%
Original Mortgage
$2,920,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 28, 2014
Sold by
Welgos Anthony S and Welgos Kathryn M
Bought by
Welgos Family Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hall Kurt -- Mortgage Connect Lp
Hall Kurt C $3,650,000 Land Title Guarantee Co
Welgos Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Kurt $2,920,000
Closed Hall Kurt C $2,920,000
Previous Owner Welgos Anthony S $50,000
Previous Owner Welgos Anthony S $540,000
Previous Owner Welgos Anthony S $1,600,000
Previous Owner Welgos Anthony S $300,000
Previous Owner Welgos Anthony S $539,500
Previous Owner Welgos Anthony S $250,000
Previous Owner Welgos Anthony S $539,500
Previous Owner Welgos Anthony S $1,000,000
Previous Owner Welgos Anthony S $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2019 06/10/19 Sold $3,650,000 0.0% $1,189 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $3,650,000 -- $1,189 / 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 $13,999 $422,240 $259,040 $163,200
2023 $13,999 $429,040 $263,210 $165,830
2022 $9,962 $269,070 $187,650 $81,420
2021 $9,257 $258,320 $193,050 $65,270
2020 $5,558 $153,960 $137,280 $16,680
2019 $5,300 $153,960 $137,280 $16,680
2018 $5,321 $155,040 $138,240 $16,800
2017 $4,698 $153,110 $138,240 $14,870
2016 $3,627 $118,320 $105,870 $12,450
2015 $3,580 $118,320 $105,870 $12,450
2014 $3,826 $120,640 $105,870 $14,770
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 158276

Aspen Glenwood MLS

APN: R019343