NOT LISTED FOR SALE

1310 Red Butte Dr Aspen, CO 81611

Estimated Value: $6,744,000

4 Beds
3 Baths
3,514 Sq Ft
$1,919/Sq Ft Est. Value

Last Sold April 24, 2014

Last sale price $4,375,000 $1,245 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $44,577/month

159 Days on Market

Highlights

  • 0.78 Acre Lot
  • No HOA
  • Wood Siding
  • Aspen Middle School Rated A-
  • Laundry Room
  • 1-minute walk to Red Butte

About This Home

As of April 2014

Spectacular and Scarce Private Riverfront Property in Aspen. Ability to develop a new luxury residence of 9,200 square feet plus (5,200 above grade FAR, and up to 4,000 below). See and listen to the river from your residence while taking in the views toward Ajax and Buttermilk to the South. The existing three level residence offers an open floor plan with ample natural light and walk out decks. A truly rare opportunity.

Last Agent to Sell the Property

Bryan Peterson

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 Listed on: 09/03/2013

Last Buyer's Agent

Chris Klug

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA100025125

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,644

Year Built

  • Built in 1965

Lot Details

  • 0.78 Acre Lot
  • Property is in good condition
  • Property is zoned R-30

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 3,514 Sq Ft Home
  • 3-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • No Home Owners Association
  • Red Butte Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273501303012

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,644

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.78
  • Subdivision Name: Red Butte Subd
  • Directions: Toward McClain Flats on Cemetary Lane. Turn right at the bottom of the hill before crossing the Roaring Fork River. Property is on the river to the left with address in front.
  • Master Model: No
  • New Construction: No
  • Year Built: 1965
  • Tax Parcel Letter: R013902
  • Attribution Contact: (970) 925-7000
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-30
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 9644.16
  • Financing Info:Tax Year2: 2013
  • Exterior:Wood Siding: Yes
  • Condition:Good: Yes
  • Water:Other4: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 3514.0

Exterior Features

  • Construction Type: Wood Siding, Frame
  • Property Condition: Good
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car

Utilities

  • Laundry Features: Inside
  • Water Source: Other

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 34020.0
  • Parcel #: 273501303012
  • Zoning: R-30
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9644.16
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2013
Closed on
Apr 24, 2014
Sold by
Av20 Properties Llc
Bought by
Jeffrey Grinspoon Revocable Trust
Seller's Agent
Bryan Peterson
Coldwell Banker Mason Morse-Aspen
Buyer's Agent
Chris Klug
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$4,975,000
Sold Price
$4,375,000
Premium/Discount to List
-$600,000
-12.06%
Total Days on Market
159
Current Estimated Value
$6,744,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,369,000
Avg. Annual Appreciation
3.95%
Original Mortgage
$3,255,000
Interest Rate
4.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2005
Sold by
Mendenhall Kiefer and Mendenhall Mary Elizabeth
Bought by
Av20 Properties Llc
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 Buyer Sale Price Title Company
Jeffrey Grinspoon Revocable Trust $4,375,000 Land Title Guarantee Company
Av20 Properties Llc $3,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jon Foley Revocable Trust $10,000,000
Closed Jeffrey Grinspoon Revocable Trust $3,255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2014 04/24/14 Sold $4,375,000 -12.1% $1,245 / Sq Ft
02/09/2014 02/09/14 Pending -- -- --
09/03/2013 09/03/13 For Sale $4,975,000 -- $1,416 / 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 $82,795 $2,518,490 $802,830 $1,715,660
2023 $82,795 $2,545,630 $811,480 $1,734,150
2022 $38,146 $1,040,470 $347,500 $692,970
2021 $38,562 $1,070,410 $357,500 $712,910
2020 $43,853 $1,227,460 $353,930 $873,530
2019 $39,020 $1,092,170 $353,930 $738,240
2018 $25,174 $1,236,040 $356,400 $879,640
2017 $17,253 $542,460 $342,000 $200,460
2016 $12,738 $392,270 $318,400 $73,870
2015 $11,171 $348,500 $318,400 $30,100
2014 $9,045 $269,650 $258,700 $10,950
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Bryan Peterson

    Coldwell Banker Mason Morse-Aspen

  • C

    Buyer's Agent in 2014

    Chris Klug

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 948-7055

    51 in this area

    121 Total Sales

    Chris Klug
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 131404

Aspen Glenwood MLS

APN: R013902

Colorado Pitkin County Aspen 81611

1310 Red Butte Dr, Aspen, CO

This home is located at 1310 Red Butte Dr, Aspen, CO 81611 since 03 September 2013 and is currently estimated at $6,744,000, approximately $1,919 per square foot. This property was built in 1965. 1310 Red Butte Dr is a home located in Pitkin County with nearby schools including Aspen Elementary School, Aspen Middle School, and Aspen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Aspen Glenwood MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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