NOT LISTED FOR SALE

1380 Riverside Dr Aspen, CO 81611

Estimated Value: $5,209,000 - $7,510,000

0.35 Acre
$18,398,477 Price per Acre
15,246 Sq Ft Lot

Last Sold September 09, 2020

Last sale price $5,000,000 $2,321 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $36,543/month

Highlights

  • Green Building
  • No HOA
  • Level Lot
  • Aspen Middle School Rated A-
  • Views

About This Lot

As of September 2020

Magnificent location near downtown Aspen with privacy and views. This property has great Aspen history, it was the home of former Aspen mayor Helen Klanderud. Excellent potential for redevelopment. There is potential to build nearly 5,000 square feet above grade and significant below grade square footage. The existing home will help offset future affordable housing mitigation costs. Sunny, quiet location with nearby access to the bike and pedestrian trail as well as regular shuttle bus service. Ready for your future home!

Last Agent to Sell the Property

Andrew Ernemann

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA100028587 Listed on: 08/04/2020

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Last Buyer's Agent

Andrew Roberts

Compass License #FA.100053200

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,316

Lot Details

  • 0.35 Acre Lot
  • Level Lot
  • Property is zoned R-15

Additional Features

  • Green Building
  • Mineral Rights Excluded
  • Property Views

Community Details

  • No Home Owners Association
  • Riverside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273718117002

Property Details

Property Type

Land

Est. Annual Taxes

$6,316

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 0.35
  • Subdivision Name: Riverside
  • Directions: Headed east on Highway 82 towards Independence Pass. Turn right on Riverside Drive. House is first driveway on the right.
  • Tax Parcel Letter: R004881
  • Attribution Contact: (970) 925-6060
  • General Info:Zoning2: R-15
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Financing Info:Taxes2: 6316.04
  • Financing Info:Tax Year2: 2019
  • Sanitation:Sewer: Yes
  • Mineral Rights:No2: Yes
  • Lot Description:Flat: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Utilities

  • Building Features: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 15179.0
  • Parcel #: 273718117002
  • Zoning: R-15
  • ResoLotSizeUnits: Acres
  • Lot Description View: Yes

Tax Info

  • Tax Annual Amount: 6316.04
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2024
Sold by
1380 Riverside Dr Llc
Bought by
Zane Susan
Current Estimated Value
$6,439,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
1.2%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 4, 2020
Closed on
Sep 3, 2020
Sold by
Klanderud Kurt T
Bought by
1380 Riverside Llc
Seller's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Andrew Roberts
Compass
List Price
$5,000,000
Sold Price
$5,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Source: Public Records

Similar Property in Aspen, CO

  • 75 Glen Garry Dr, Aspen, CO 81611

    $6,995,000

    • Land
    • 0.48 Acre
    • $14,572,917 per Acre
    • 75 Glen Garry Dr
    • Aspen, CO

    A rare opportunity to build on a private half-acre lot once part of the original Highlands ski area. This idyllic property allows up to 5,750 sq ft of total development (4,750 above grade) and is set in a peaceful meadow framed by mature pines and aspens for complete privacy. Yet it's just a 15-minute walk to Aspen Highlands, the Aspen Schools, the Recreation Center, and new pickleball courts

    Lex Tarumianz Aspen Snowmass Sotheby's International Realty - Hyman Mall

    Section Image

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
Zane Susan -- None Listed On Document
1380 Riverside Llc $5,000,000 Attorneys Ttl Ins Agcy Of As
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Zane Susan $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2020 09/09/20 Sold $5,000,000 0.0% $2,321 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $5,000,000 -- $2,321 / 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 $9,680 $291,990 $258,040 $33,950
2023 $9,680 $297,540 $262,940 $34,600
2022 $7,541 $203,660 $187,650 $16,010
2021 $7,508 $209,520 $193,050 $16,470
2020 $6,316 $174,950 $163,020 $11,930
2019 $6,316 $174,950 $163,020 $11,930
2018 $6,377 $176,180 $164,160 $12,020
2017 $5,630 $174,860 $164,160 $10,700
2016 $4,991 $151,860 $143,680 $8,180
2015 $4,927 $151,860 $143,680 $8,180
2014 $5,152 $151,750 $143,680 $8,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 165792

Aspen Glenwood MLS

APN: R004881