NOT LISTED FOR SALE

131 Meadow Ranch Dr Aspen, CO 81611

Estimated Value: $2,566,000 - $4,851,000

3 Beds
3 Baths
1,753 Sq Ft
$2,084/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $2,400,000 $1,369 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $20,564/month

35 Days on Market

Highlights

  • Green Building
  • Contemporary Architecture
  • Views
  • Aspen Middle School Rated A-
  • Main Floor Primary Bedroom
  • Patio

About This Home

As of September 2021

This one of a kind and updated Meadow Ranch Duplex enjoys 3 bedrooms, 3 full bathrooms and over 1753 sq. ft. The property backs up to open space on two sides providing unique privacy and views. The large lower deck features a hot tub, access from the master and guest bedrooms, and a walkout to a flat, manicured lawn area.


Light and bright with high ceilings, large windows, skylights and recessed LED lighting. Enjoy a chefs kitchen with Wolf gas range, built-in appliances, granite slab counters, and under cabinet lighting. The living room also enjoys a wood burning fireplace with comfortable spaces for entertaining and turn-key finishes.

Last Agent to Sell the Property

Erik Cavarra

ENGEL & VOLKERS Snowmass Brokerage Phone: (970) 925-8400 License #EA.40040220 Listed on: 07/01/2021

ENGEL & VOLKERS Snowmass

Last Buyer's Agent

Colin Walker

Aspen Home Company License #EA.100085660

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,019

Year Built

  • Built in 1973

Lot Details

  • Southern Exposure
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

HOA Fees

  • $599 Monthly HOA Fees

Home Design

  • Duplex
  • Contemporary Architecture
  • Frame Construction
  • Membrane Roofing
  • Wood Siding

Interior Spaces

  • 1,753 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Wood Burning Fireplace
  • Window Treatments
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Crawl Space

Parking

  • Carport
  • No Garage
  • Common or Shared Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Green Building
  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273506202026

Community Details

Overview

  • Association fees include sewer, trash, snow removal, ground maintenance, cable TV
  • Meadow Ranch Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Recreation

  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,019

Year Built

Built in 1973

Lot Details

0

HOA Fees

$599 per month

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Meadow Ranch
  • Directions: Owl Creek Road to Meadow Ranch Dr. Turn into main Meadow Ranch entrance and stay on the upper drive. Follow to the last building on the right. Follow walkway up to 131.
  • Architectural Style: Two Story, Contemporary
  • Carport Y N: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1973
  • Tax Parcel Letter: R012808
  • Attribution Contact: (970) 925-8400
  • Location Info:Furnished: Partial
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: 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: 2.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 4019.2
  • Financing Info:Tax Year2: 2021
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Roof:Membrane: Yes
  • Water Rights:No3: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Substructure:Crawl Space: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Cable TV2: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • Style:Two Story: Yes
  • Substructure:Walkout: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Freezer: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 7192.0
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Has Basement: Walk-Out Access, Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1753.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Frame
  • Property Condition: Excellent
  • Roof: Membrane
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Common
  • Keywords Info:Garage: None
  • Parking Area:Common2: Yes

Utilities

  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, Baseboard
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Pets Allowed/Renter
  • Association Fee: 1798.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 1798.0
  • Financing Info:Association Fee Frequency2: Quarterly
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer, Trash, Snow Removal, Maintenance Grounds, Cable TV

Lot Info

  • Parcel #: 273506202026
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 4019.2
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2023
Sold by
Ritter Brett and Lothliam Taylor
Bought by
131 Meadow Ranch Llc
Current Estimated Value
$3,653,490

Purchase Details

Listed on
Jul 1, 2021
Closed on
Sep 21, 2021
Sold by
Brett Ritter
Bought by
James William J and James Michelle
Seller's Agent
Erik Cavarra
ENGEL & VOLKERS Snowmass
Buyer's Agent
Colin Walker
Aspen Home Company
List Price
$2,400,000
Sold Price
$2,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.93%
Original Mortgage
$1,650,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2021
Closed on
Sep 13, 2021
Sold by
James William J and James Michelle
Bought by
Ritter Brett and Lothliam Taylor
Seller's Agent
Erik Cavarra
ENGEL & VOLKERS Snowmass
Buyer's Agent
Colin Walker
Aspen Home Company
List Price
$2,400,000
Sold Price
$2,400,000

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
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2017
Closed on
Apr 7, 2017
Sold by
Merritt Bonnie M and Merritt Zachary D
Bought by
James Michelle and James William J
Seller's Agent
Zach Merritt
Douglas Elliman Real Estate-Durant
Buyer's Agent
BJ Adams
Compass SMV
List Price
$1,095,000
Sold Price
$1,095,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.33%
Original Mortgage
$876,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2015
Sold by
Fox Jonathan
Bought by
Merritt Bonnie M and Merritt Zachary D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$662,800
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2003
Sold by
H Richard Silver Revocable Trust
Bought by
Fox Jonathan
Source: Public Records

Range of Values:

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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
131 Meadow Ranch Llc $3,250,000 Title Company Of The Rockies
James William J $2,400,000 None Listed On Document
Ritter Brett $2,400,000 Title Company Of The Rockies
James Michelle $1,095,000 Stewart Title
Merritt Bonnie M $830,000 Stewart Title
Fox Jonathan $731,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ritter Brett $1,650,000
Previous Owner James Michelle $876,000
Previous Owner Merritt Bonnie M $662,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $2,400,000 0.0% $1,369 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $2,400,000 +119.2% $1,369 / Sq Ft
04/07/2017 04/07/17 Sold $1,095,000 0.0% $625 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
12/15/2016 12/15/16 For Sale $1,095,000 -- $625 / 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 $7,142 $159,040 $0 $159,040
2023 $7,142 $163,290 $0 $163,290
2022 $4,222 $82,930 $0 $82,930
2021 $4,293 $85,320 $0 $85,320
2020 $3,975 $78,280 $0 $78,280
2019 $3,975 $78,280 $0 $78,280
2018 $3,596 $78,830 $0 $78,830
2017 $3,429 $69,300 $0 $69,300
2016 $3,128 $63,400 $0 $63,400
2015 $2,805 $63,400 $0 $63,400
2014 $2,353 $52,650 $0 $52,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 170851

Aspen Glenwood MLS

APN: R012808