$7,250,000
SOLD DEC 13, 2024

1425 Red Butte Dr Aspen, CO 81611

4 Beds
4 Baths
2,981 Sq Ft
0.69 Acres

Recently Sold

$2,432 Per Sq Ft

19% Below List Price

101 Days on Market

Highlights

  • 0.69 Acre Lot
  • Green Building
  • Patio
  • Aspen Middle School Rated A-
  • 2 Fireplaces
  • Laundry Room

About This Home

As of December 2024

Optionality! Whether the existing home is just the right size or you need more space, we've got you covered. Nestled in the coveted neighborhood in the Aspen school district on Red Butte Drive, this charming single-family home offers an unbeatable blend of location, privacy, and beauty. The home features four bedrooms, four baths, a great room with a wood-burning fireplace, an open kitchen, and a full bar, perfect for entertaining. The generous backyard presents spacious patios, a sprawling lawn, and an outdoor gas-burning fireplace.

If additional space is required, highly regarded Galambos Architects has designed a newly remodeled four-bedroom 5603 sqft residence and a 576 sqft two-car garage.

Downtown Aspen is minutes away, and easy access to the Rio Grande Trail offers biking and Roaring Fork River access for outdoor enthusiasts.

All square footage above grade both in the existing home and plans for remodel/expansion.

Seller will consider owner financing.

Last Agent to Sell the Property

Steven Shane

Compass Aspen Brokerage Phone: 970-925-6063 License #ER040002675 Listed on: 08/17/2024

Compass Aspen

Last Buyer's Agent

Justin Clarence

Compass Aspen License #EA100016889

Compass Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,942

Year Built

  • Built in 1964

Lot Details

  • 0.69 Acre Lot
  • North Facing Home
  • Fenced
  • Sprinkler System
  • Landscaped with Trees
  • Property is in good condition

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 2,981 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Irrigation Well
  • Water Rights Not Included
  • Well

Additional Features

  • Green Building
  • Mineral Rights Excluded

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 273501330001
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,942

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.69
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Red Butte Subd
  • Directions: Hwy 82 to Cemetery Lane. Turn north on Cemetery Lane and continue to Red Butte Dr. Turn right. 1425 Red Butte Dr. is on the right.
  • Architectural Style: Two Story
  • Master Model: No
  • New Construction: No
  • Year Built: 1964
  • Tax Parcel Letter: R012136
  • Attribution Contact: 970-925-6063
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Res
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 14942.0
  • Financing Info:Tax Year2: 2024
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Water Rights:No3: Yes
  • Extras:Lawn Sprinklers: Yes
  • Electric:Yes: Public
  • Condition:Good: Yes
  • Substructure:Crawl Space: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:Unit Faces: North
  • Style:Two Story: Yes
  • Inclusions:Oven: Yes
  • Roof:Shake: Yes
  • Extras:Storage Shed: Yes
  • Water:Well - Domestic: Yes
  • Water:Well - Irrigation: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2981.0
  • Fireplace:Gas: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Disclosures: Seller Lic RE Agent
  • Construction Type: Wood Siding, Frame
  • Direction Faces: North
  • Property Condition: Good
  • Roof: Shake
  • Construction:Frame: Yes

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Yes
  • Utilities: Natural Gas Available
  • Water Source: Well - Irrigation, Well
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 30136.0
  • Parcel #: 273501330001
  • Zoning: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14942.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2024
Closed on
Dec 13, 2024
Sold by
Houston Lisa A and Houston Samuel Douglas
Bought by
2Ls 2Ts Llc
Seller's Agent
Steven Shane
Compass Aspen
Buyer's Agent
Justin Clarence
Compass Aspen
List Price
$8,900,000
Sold Price
$7,250,000
Premium/Discount to List
-$1,650,000
-18.54%
Views
36
Current Estimated Value
$7,774,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,235
Avg. Annual Appreciation
13.80%

Purchase Details

Closed on
Oct 19, 2015
Sold by
Houston Lisa A
Bought by
Houston Lisa A and Houstin Samuel Douglas

Purchase Details

Closed on
Sep 3, 2008
Sold by
Tripplehorn Family Partnership Ltd
Bought by
Houston Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,050,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2002
Sold by
Wynne Jacquelyn R
Bought by
Tripplehorn Family Partnership Ltd
Source: Public Records

Similar Homes in Aspen, CO

  • 1614 Faraway Rd, Aspen, CO 81611

    $8,500,000

    • 5 Beds
    • 4.5 Baths
    • 4,328 Sq Ft
    • 1614 Faraway Rd
    • Aspen, CO

    Welcome to 1614 Faraway Road — a timeless mountain retreat in Snowmass Village offering sweeping views, exceptional privacy, and ample space for everyone. Thoughtfully designed for gathering, this five-bedroom home features a main-floor primary suite and inviting open-concept living, dining, and kitchen spaces. Elegant interior glass French doors allow the living areas to be either seamlessly

    Stacey Kelly Christie's International Real Estate Aspen Snowmass

    Section Image
  • 1345 Sage Ct, Aspen, CO 81611

    $6,400,000

    • 4 Beds
    • 4 Baths
    • 3,355 Sq Ft
    • 1345 Sage Ct
    • Aspen, CO

    Located in the highly desirable Red Butte neighborhood at the end of a quiet cul-de-sac, this 4-bedroom home is made up of a 3-bedroom main house and an attached 1-bedroom apartment. This is an amazing opportunity to own a single-family home in Aspen at a reasonable price point. The 3-bedroom and 3-bathroom main house is highlighted by a warm main floor den, dining area, and open kitchen. During

    Hudson Smythe Compass Aspen

    Section Image
  • 1325 Mountain View Dr, Aspen, CO 81611

    $8,495,000

    • 4 Beds
    • 3 Baths
    • 3,288 Sq Ft
    • 1325 Mountain View Dr
    • Aspen, CO

    Rare opportunity in West Aspen. Single Family Home located on a quiet cul-de-sac on the coveted Mountain View Drive. 15,320 square feet on a level lot. One of the unique homes in West Aspen with easy main floor living, featuring beautiful natural light and privacy in both front and back yards. This home is perfect for entertaining with its seamless transition between indoor and expansive outdoor

    BassWogan Team Compass Aspen

    Section Image
  • 875 Bonita Dr, Aspen, CO 81611

    $6,750,000

    • 5 Beds
    • 3 Baths
    • 3,003 Sq Ft
    • 875 Bonita Dr
    • Aspen, CO

    Set on a quiet cul-de-sac just two minutes from downtown, 875 Bonita Drive offers everyday comfort and clear potential in one of West Aspen's most desirable neighborhoods. This prime location delivers peaceful, low-traffic living with easy access to everything Aspen offers, without the congestion of peak seasons. The oversized duplex-zoned lot includes a rare, transferable City of Aspen

    Chris Klug Aspen Snowmass Sotheby's International Realty - Hyman Mall

    Section Image
  • 111 S 6th St Unit 1, Aspen, CO 81611

    $6,200,000

    • 3 Beds
    • 3 Baths
    • 1,960 Sq Ft
    • 111 S 6th St
    • Unit 1
    • Aspen, CO

    Experience the perfect harmony of modern luxury and timeless charm in this stunning single-family home nestled in Aspen's highly coveted West End. Boasting views of the majestic Shadow Mountain, this residence combines classic curb appeal with contemporary sophistication all just steps from downtown Aspen. Originally built in 2006 and fully renovated in 2024, this pristine home showcases premium

    MIchael Fox Aspen Snowmass Sotheby's International Realty - Hyman Mall

    Section Image
  • 580 Johnson Dr, Aspen, CO 81611

    $8,595,000

    • 5 Beds
    • 5 Baths
    • 2,912 Sq Ft
    • 580 Johnson Dr
    • Aspen, CO

    A Rare Opportunity to Own a Piece of Aspen History!This extraordinary estate — once John Denver's personal guest house — is truly one of a kind. A longtime Starwood resident, Denver famously composed ''Starwood in Aspen'' as a tribute to the beauty of this exclusive community.Set on a sprawling 5-acre site, the property offers sweeping views from Aspen Mountain to Mt. Sopris, with Mt.

    PJ Bory Christie's International Real Estate Aspen Snowmass

    Section Image
  • 322 Park Ave Unit 2, Aspen, CO 81611

    $7,900,000

    • 5 Beds
    • 6 Baths
    • 2,506 Sq Ft
    • 322 Park Ave
    • Unit 2
    • Aspen, CO

    This Park Avenue duplex offers soaring views of Aspen Mountain and the privacy of a quiet neighborhood just across the Hopkins pedestrian bridge with easy walking access to the downtown core. Sale includes both separately deeded condominium units 1 & 2, each over 1,250 square feet totaling 2,506 square feet. Patio level common wraparound deck, second level private decks for each unit, storage

    Sam Green Aspen Snowmass Sotheby's International Realty - Durant

    Section Image
  • 311 Midland Ave, Aspen, CO 81611

    $8,900,000

    • 4 Beds
    • 3 Baths
    • 1,828 Sq Ft
    • 311 Midland Ave
    • Aspen, CO

    Live, Rent, Remodel, Redevelop-Options abound. Rare opportunity in East Aspen! This charming 4-bedroom home in East Aspen offers a range of possibilities: enjoy or remodel it as a personal residence, invest and benefit from its strong rental history, or take advantage of the included development plans to create your Aspen dream home. Permitting in process. Located within walking distance to

    Bubba and Tracy Eggleston Aspen Snowmass Sotheby's International Realty - Hyman Mall

    Section Image
  • 184 Mountain Laurel Dr, Aspen, CO 81611

    $7,995,000

    • 4 Beds
    • 5.5 Baths
    • 3,916 Sq Ft
    • 184 Mountain Laurel Dr
    • Aspen, CO

    Rare Redevelopment Opportunity or Live in this Charming East Aspen HomeCommanding Views | Premier Lot | Redevelopment PotentialDiscover this Aspen retreat perched on one of East Aspen's most desirable view lots. Whether you're looking to create your dream home from the ground up, embark on a high-end renovation, or simply move in and enjoy its classic mountain charm, this property offers

    Carol Hood Peterson Aspen Snowmass Sotheby's International Realty - Hyman Mall

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $7,250,000 Land Title Guarantee
Interfamily Deed Transfer -- None Available
Warranty Deed $3,880,500 Pct
Warranty Deed $1,526,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,970,000 Credit Line Revolving
Previous Owner $3,050,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $7,250,000 -18.5% $2,432 / Sq Ft
08/17/2024 08/17/24 For Sale $8,900,000 -- $2,986 / 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 $15,689 $477,220 $412,220 $65,000
2023 $15,689 $484,560 $418,550 $66,010
2022 $8,632 $235,450 $208,500 $26,950
2021 $8,595 $242,230 $214,500 $27,730
2020 $7,927 $221,870 $185,900 $35,970
2019 $7,927 $221,870 $185,900 $35,970
2018 $7,902 $223,420 $187,200 $36,220
2017 $6,972 $219,200 $180,000 $39,200
2016 $7,160 $220,480 $179,100 $41,380
2015 $7,067 $220,480 $179,100 $41,380
2014 $6,397 $190,720 $175,120 $15,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 185107

Aspen Glenwood MLS

APN: R012136