NOT LISTED FOR SALE

1300 Red Butte Dr Aspen, CO 81611

Estimated Value: $22,705,566

5 Beds
6.5 Baths
5,807 Sq Ft
$3,910/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $24,000,000 $4,133 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $125,934/month

Highlights

  • Spa
  • River Front
  • Contemporary Architecture
  • Aspen Middle School Rated A-
  • 0.85 Acre Lot
  • 1-minute walk to Red Butte

About This Home

As of March 2023

Sold before MLS

Last Agent to Sell the Property

Wendalin Whitman

Whitman Fine Properties Brokerage Phone: (970) 544-3771 License #ER.001311517 Listed on: 03/01/2023

Last Buyer's Agent

Melissa Marcus

Slifer Smith & Frampton RFV License #FA.100077237

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,125

Year Built

  • Built in 1993

Lot Details

  • 0.85 Acre Lot
  • River Front
  • South Facing Home
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned R-30

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 5,807 Sq Ft Home
  • 3-Story Property
  • Furnished
  • 2 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Finished Basement
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Location

  • Mineral Rights Excluded

Utilities

  • Radiant Heating System
  • Water Rights Not Included

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Red Butte Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273501303011

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,125

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.85
  • Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Range, Dishwasher
  • Subdivision Name: Red Butte Subd
  • Directions: Cemetery Lane to Red Butte. House is on the left.
  • Architectural Style: Split Level, Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1993
  • Tax Parcel Letter: R013903
  • Attribution Contact: (970) 544-3771
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-30
  • General Info:Main Floor Master: Yes
  • 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
  • Listing Info:ADU: No
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 27125.48
  • Financing Info:Tax Year2: 2022
  • Extras:Hot TubSpa: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Substructure:Crawl Space: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Exterior:Stucco: Yes
  • General Info:Unit Faces: South
  • Substructure:Finished Basement: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Freezer: Yes
  • Roof:Metal: Yes
  • Style:Split Level: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Finished, Crawl Space
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 5807.0
  • Fireplace:Gas: Yes

Exterior Features

  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Wood Siding, Stucco, Frame
  • Direction Faces: South
  • Property Condition: Excellent
  • Roof: Metal
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car
  • General Info:Garage SqFt: 522.0

Utilities

  • Laundry Features: Inside
  • Heating: Radiant
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:River Frontage: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 37026.0
  • Parcel #: 273501303011
  • Zoning: R-30
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 27125.48
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Mar 1, 2023
Sold by
Jacob Leschly 2015 Revocable Trust
Bought by
Htew Llc
Seller's Agent
Wendalin Whitman
Whitman Fine Properties
Buyer's Agent
Melissa Marcus
Slifer Smith & Frampton RFV
List Price
$24,000,000
Sold Price
$24,000,000
Current Estimated Value
$22,705,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,294,434
Avg. Annual Appreciation
-12.86%
Original Mortgage
$23,000,000
Outstanding Balance
$12,760,941
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$4,136,193

Purchase Details

Listed on
Apr 26, 2021
Closed on
Apr 22, 2021
Sold by
Six Forty Five Hunter Llc
Bought by
Jaocb Leschly 2015 Revocable Trust
Seller's Agent
Wendalin Whitman
Whitman Fine Properties
Buyer's Agent
Wendalin Whitman
Whitman Fine Properties
List Price
$16,500,000
Sold Price
$16,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.32%

Purchase Details

Listed on
Apr 26, 2021
Closed on
Apr 21, 2021
Sold by
Six Forty Five Hunter Llc
Bought by
Jacob Leschly 2015 Revocable Trust
Seller's Agent
Wendalin Whitman
Whitman Fine Properties
Buyer's Agent
Wendalin Whitman
Whitman Fine Properties
List Price
$16,500,000
Sold Price
$16,500,000

Purchase Details

Closed on
Jan 19, 2021
Sold by
Aspen Flat Roof Llc
Bought by
Six Forty-Five Hunter Llc

Purchase Details

Closed on
Aug 24, 2020
Sold by
Aspen Flat Roof Llc
Bought by
Six Forty Hunter Llc

Purchase Details

Listed on
Jul 28, 2015
Closed on
Oct 17, 2016
Sold by
1300 Red Butte Llc
Bought by
Aspen Flat Roof Llc
Seller's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Al Azizi
Global Real Estate Group, LLC
List Price
$10,995,000
Sold Price
$11,200,000
Premium/Discount to List
$205,000
1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%

Purchase Details

Listed on
Jul 15, 2015
Closed on
Jul 16, 2015
Sold by
Mendenhall Kiefer and Mendenhall Mary Elizabeth
Bought by
1300 Red Butte Llc
Seller's Agent
Penny Carruth
Aspen Snowmass Sotheby's International Realty
Buyer's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$7,000,000
Sold Price
$6,500,000
Premium/Discount to List
-$500,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.01%
Original Mortgage
$2,500,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Htew Llc $24,000,000 Land Title Guarantee
Htew Llc $24,000,000 Land Title
Jaocb Leschly 2015 Revocable Trust -- None Available
Jacob Leschly 2015 Revocable Trust $16,500,000 Pitkin County Title
Six Forty-Five Hunter Llc -- None Listed On Document
Six Forty Hunter Llc -- None Available
Six Forty Five Hunter Llc $12,100,000 None Available
Aspen Flat Roof Llc $11,200,000 Attorneys Title Agency
1300 Red Butte Llc $6,500,000 Pct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Htew Llc $23,000,000
Previous Owner Leschly Jacob $6,000,000
Previous Owner 1300 Red Butte Llc $2,500,000
Previous Owner Mendenhall Kiefer $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $24,000,000 0.0% $4,133 / Sq Ft
03/01/2023 03/01/23 For Sale $24,000,000 +45.5% $4,133 / Sq Ft
04/26/2021 04/26/21 For Sale $16,500,000 0.0% $2,841 / Sq Ft
04/22/2021 04/22/21 Sold $16,500,000 +47.3% $2,841 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
10/17/2016 10/17/16 Sold $11,200,000 +1.9% $1,929 / Sq Ft
09/16/2016 09/16/16 Pending -- -- --
07/28/2015 07/28/15 For Sale $10,995,000 +69.2% $1,893 / Sq Ft
07/16/2015 07/16/15 Sold $6,500,000 -7.1% $1,287 / Sq Ft
07/15/2015 07/15/15 For Sale $7,000,000 -- $1,386 / Sq Ft
03/16/2015 03/16/15 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 $59,526 $1,810,680 $802,370 $1,008,310
2023 $59,526 $1,830,940 $811,350 $1,019,590
2022 $27,125 $739,880 $347,500 $392,380
2021 $27,009 $761,170 $357,500 $403,670
2020 $30,492 $853,470 $353,930 $499,540
2019 $30,492 $853,470 $353,930 $499,540
2018 $26,693 $859,440 $356,400 $503,040
2017 $23,552 $740,500 $342,000 $398,500
2016 $19,914 $613,250 $318,400 $294,850
2015 $17,777 $562,570 $318,400 $244,170
2014 $10,953 $334,500 $258,700 $75,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 178364

Aspen Glenwood MLS

APN: R013903