NOT LISTED FOR SALE

142 Wrights Rd Aspen, CO 81612

Estimated Value: $7,316,000 - $16,347,111

6 Beds
6.5 Baths
9,637 Sq Ft
$1,228/Sq Ft Est. Value

Last Sold June 20, 2012

Last sale price $13,500,000 $1,401 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $70,410/month

199 Days on Market

Highlights

  • 0.94 Acre Lot
  • Green Building
  • Lake, Pond or Stream
  • Aspen Middle School Rated A-
  • Multiple Fireplaces
  • Furnished

About This Home

As of June 2012

Classic chateau-style home located front & center on Red Mountain, overlooking the lights of downtown Aspen & offering breathtaking views of Aspen Mountain, Aspen Highlands & Buttermilk. Warm & inviting, featuring exquisite finishes of stone, plaster & slate, reclaimed hardwood floors, chef’s kitchen with granite island & appliances by Wolf, SubZero & Asko, large master suite with huge closet, master bath with steam shower & tub, exercise room, library, climate-controlled wine room, beautiful theater with large screen, stadium seating, & high coffered ceilings w/inlaid wood, great room w/large windows & bar area, elevator, multiple gas fireplaces, 653 sq ft storage room, oversized 785 sq ft 2 car garage, fabulous deck, terraced back yard w/private sitting area, and landscaped grounds.

Last Agent to Sell the Property

Craig Morris

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA40009691 Listed on: 10/29/2011

Last Buyer's Agent

Craig Morris

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA40009691 Listed on: 10/29/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,349

Year Built

  • Built in 2005

Lot Details

  • 0.94 Acre Lot
  • Home has North and South Exposure
  • Southern Exposure
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Brick or Stone Mason
  • Frame Construction
  • Stone Siding

Interior Spaces

  • 9,637 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Multiple Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Walk-Out Basement
  • Home Security System
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Lake, Pond or Stream
  • Patio

Utilities

  • No Cooling
  • Radiant Heating System
  • Water Rights Not Included

Additional Features

  • Green Building
  • Mineral Rights Excluded

Community Details

  • Red Mountain Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273706304011

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,349

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.94
  • Inclusions: Dryer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Red Mountain
  • Directions: Red Mountain Road to Wrights Road - house is on the left through a private gate.
  • Architectural Style: Other
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2005
  • Tax Parcel Letter: R003257
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Unfinished SqFt: 877.0
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 40349.32
  • Financing Info:Tax Year2: 2011
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Extras:Elevator: Yes
  • Substructure:Walkout: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: More Than One, Gas
  • Fireplace: Yes
  • Interior Amenities: Elevator
  • Living Area: 9637.0
  • Fireplace:More Than One: Yes
  • Fireplace:Gas: Yes
  • Style Other: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Stone Veneer, Stone, Frame
  • Property Condition: Excellent
  • Roof: Other
  • Construction:Frame: Yes
  • Construction:Stone: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car
  • General Info:Garage SqFt: 785.0

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Heating:Radiant: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Pond Stream Lake: Yes

Lot Info

  • Lot Size Sq Ft: 41125.0
  • Parcel #: 273706304011
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 40349.32
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2011
Closed on
Jun 20, 2012
Sold by
Irvine Llc
Bought by
Rockies 5 One Llc
Seller's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$15,950,000
Sold Price
$13,500,000
Premium/Discount to List
-$2,450,000
-15.36%
Total Days on Market
199
Current Estimated Value
$11,831,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,668,444
Avg. Annual Appreciation
-1.01%

Purchase Details

Closed on
Sep 30, 2011
Sold by
Lewis Kenneth D and Lewis Donna C
Bought by
Irvine Llc

Purchase Details

Closed on
Oct 16, 2006
Sold by
Lot 11A Holdings Llc
Bought by
Lewis Kenneth D and Lewis Donna C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 4, 2004
Sold by
Jgh Inc
Bought by
Lot 11A Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
5.66%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 30, 2004
Sold by
Hartrich James G
Bought by
Sher Joyce B

Purchase Details

Closed on
Aug 20, 2001
Sold by
The Arthur N & Joan Cox Revocable Trust
Bought by
Hartrich James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
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
Rockies 5 One Llc $13,500,000 Attorneys Title Agency Of As
Irvine Llc -- None Available
Lewis Kenneth D $16,850,000 None Available
Lot 11A Development Llc -- Pct
Jgh Inc $4,000,000 --
Sher Joyce B -- --
Hartrich James $1,900,000 Stewart Title Of Aspen Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lot 11A Development Llc $600,000
Previous Owner Lot 11A Development Llc $500,000
Previous Owner Lot 11A Development Llc $6,000,000
Previous Owner Hartrich James $168,000
Previous Owner Hartrich James $1,980,000
Previous Owner Hartrich James $1,000,000
Previous Owner Hartrich James $1,000,000
Previous Owner Hartrich James $1,000,000
Previous Owner Hartrich James $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2012 06/20/12 Sold $13,500,000 -15.4% $1,401 / Sq Ft
05/15/2012 05/15/12 Pending -- -- --
10/29/2011 10/29/11 For Sale $15,950,000 -- $1,655 / 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 $50,964 $1,771,810 $735,470 $1,036,340
2023 $50,964 $1,927,010 $744,150 $1,182,860
2022 $40,484 $1,278,800 $667,200 $611,600
2021 $40,378 $1,315,600 $686,400 $629,200
2020 $47,593 $1,547,000 $657,800 $889,200
2019 $47,593 $1,547,000 $657,800 $889,200
2018 $41,622 $1,557,820 $662,400 $895,420
2017 $36,155 $1,378,930 $648,000 $730,930
2016 $29,849 $1,095,540 $636,800 $458,740
2015 $29,663 $1,095,540 $636,800 $458,740
2014 $29,446 $1,062,090 $676,600 $385,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 123149

Aspen Glenwood MLS

APN: R003257