$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
  • Listing Info In Foreclosure: 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
  • Parking Area Total Parking: 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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.06%

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 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 $3,050,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2025 12/04/25 For Rent $40,000 0.0% --
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

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Map

Source: Aspen Glenwood MLS

MLS Number: 185107

Aspen Glenwood MLS

APN: R012136