NOT LISTED FOR SALE

1440 Red Butte Dr Aspen, CO 81611

Estimated Value: $16,399,739

6 Beds
6.5 Baths
4,963 Sq Ft
$3,304/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $14,600,000 $2,942 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $90,825/month

66 Days on Market

Highlights

  • Spa
  • River Front
  • Green Building
  • Aspen Middle School Rated A-
  • 0.73 Acre Lot
  • 2-minute walk to Red Butte

About This Home

As of September 2021

RIVERFRONT and WALKING DISTANCE TO ASPEN! Located on coveted Red Butte Drive on the Roaring Fork River, this Adirondack style home fulfills the wish list of anyone seeking the Aspen lifestyle. It is the perfect ''camp'' for a multi-generational family with large gathering areas as well as quiet spaces indoors and outdoors to escape for alone time. Nestled among tall pine and aspen trees, the river views are exquisite from almost every room of the house. A gazebo off the patio offers seating for 8 to enjoy any meal with the river flowing alongside. After dinner, cozy up to the firepit to watch the stars and wildlife emerge. 6 bedrooms/6.5 baths includes 1 bedroom/1 bath caretaker apartment.

Last Agent to Sell the Property

Gary Feldman

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA276061 Listed on: 06/23/2021

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Co-Listed By

Tara Turner | Cory Didier Team

Aspen Snowmass Sotheby's International Realty-Snowmass Village Brokerage Phone: (970) 925-6060

Last Buyer's Agent

Jonathan Boxer

Christie's International Real Estate Aspen Snowmass License #EA.40039217

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,481

Year Built

  • Built in 1990

Lot Details

  • 0.73 Acre Lot
  • River Front
  • Cul-De-Sac
  • East Facing Home
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned SF

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Shake Roof
  • Log Siding

Interior Spaces

  • 4,963 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • 12 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Maid or Guest Quarters
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Water Rights Not Included
  • Well
  • Water Softener
  • Cable TV Available

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 273501302001

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,481

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.73
  • Co List Office Mls Id: asssmva
  • Co List Office Phone: 970-923-2006
  • Inclusions: Ceiling Fan, Dryer, Oven, Refrigerator, Washer, Window Coverings, Water Softener, Range, Microwave, Dishwasher
  • Subdivision Name: Red Butte Subd
  • Directions: Main Street/Highway 82 to Cemetery Lane. Right on to Red Butte Drive. 3rd house on the left
  • Above Grade Finished Sq Ft: 4963.0
  • Architectural Style: Other
  • Master Model: No
  • New Construction: No
  • Year Built: 1990
  • Tax Parcel Letter: R005505
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: SF
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 4.0
  • Financing Info:Taxes2: 22481.0
  • Financing Info:Tax Year2: 2020
  • Extras:GuestCaretaker Qtrs: Yes
  • Extras:Hot TubSpa: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Substructure:Slab: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Electric:Yes: Public
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 4963.0
  • Inclusions:Water Softener: Yes
  • General Info:Unit Faces: East
  • Inclusions:Oven: Yes
  • Home Performance Programs:Energy Star Rated: No
  • Roof:Shake: Yes
  • Home Performance Programs:Indoor Air Plus: No
  • Extras:Softener: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Water:Well - Domestic: Yes
  • Exterior:Log Siding: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 12
  • Fireplace: Yes
  • Living Area: 4963.0
  • Fireplace:Gas: Yes
  • Style Other: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Landscaped
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Log Siding, Log
  • Direction Faces: East
  • Foundation Details: Slab
  • Property Condition: Excellent
  • Roof: Shake
  • Construction:Log: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Cul-de-Sac: Yes
  • Location Amenities:River Frontage: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 31798.0
  • Parcel #: 273501302001
  • Zoning: SF
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 22481.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Sep 20, 2021
Sold by
Lefton Donlad E and The Donald E Lefton Revocable
Bought by
1440 Red Butte Llc
Seller's Agent
Gary Feldman
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Jonathan Boxer
Christie's International Real Estate Aspen Snowmass
List Price
$16,000,000
Sold Price
$14,600,000
Premium/Discount to List
-$1,400,000
-8.75%
Current Estimated Value
$16,399,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,799,739
Avg. Annual Appreciation
-7.08%

Purchase Details

Closed on
Apr 9, 2009
Sold by
Tabatchnick Lon
Bought by
Tabatchnick Lisa Lefton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
4.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 23, 2006
Sold by
Lefton Donald E
Bought by
Lefton Donald E

Purchase Details

Closed on
Apr 18, 2000
Sold by
Donald E Lefton Revocable Trust
Bought by
1440 Red Butte Llc
Source: Public Records

Range of Values:

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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
1440 Red Butte Llc $14,600,000 Title Company Of The Rockies
Tabatchnick Lisa Lefton -- None Available
Lefton Donald E -- None Available
1440 Red Butte Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 1440 Red Butte Llc $10,220,000
Previous Owner Lefton Donald E $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $14,600,000 -8.8% $2,942 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $16,000,000 -- $3,224 / 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 $50,622 $1,539,820 $868,920 $670,900
2023 $50,622 $1,218,820 $878,720 $340,100
2022 $20,907 $570,250 $364,880 $205,370
2021 $20,816 $586,660 $375,380 $211,280
2020 $22,295 $624,040 $353,930 $270,110
2019 $22,295 $624,040 $353,930 $270,110
2018 $21,587 $628,400 $356,400 $272,000
2017 $19,048 $598,870 $342,000 $256,870
2016 $16,292 $501,700 $258,700 $243,000
2015 $16,081 $501,700 $258,700 $243,000
2014 $9,261 $276,090 $199,000 $77,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 170671

Aspen Glenwood MLS

APN: R005505