NOT LISTED FOR SALE

1445 Red Butte Dr Aspen, CO 81611

Estimated Value: $6,908,000 - $13,263,879

6 Beds
8 Baths
5,998 Sq Ft
$1,682/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $6,100,000 $1,017 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $59,505/month

520 Days on Market

Highlights

  • 0.73 Acre Lot
  • Maid or Guest Quarters
  • Steam Shower
  • Aspen Middle School Rated A-
  • Contemporary Architecture
  • 2-minute walk to Red Butte

About This Home

As of December 2018

Solitude and sophistication live in harmony in this warm contemporary Aspen compound in the coveted Red Butte family neighborhood. Nestled on almost three-quarters of an acre, the property consists of a four-bedroom main house and a separate two-bedroom guesthouse, both surrounded by the beauty of nature, all on one level and above grade. A sense of Zen washes over you from the very moment you enter the private courtyard, where you will find an outdoor room touched by a wood-burning fireplace, Blue-Green-designed hardscape and a soothing water element. You feel as if you have just entered your own private escape…yet are only steps away from the Rio Grande Trail, Roaring Fork River and public bus route providing access to ski mountains, schools and downtown Aspen in minutes.

Last Buyer's Agent

Susan Hershey

Douglas Elliman Real Estate-Hyman Ave License #EA40003537

Douglas Elliman Real Estate-Hyman Ave

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,175

Year Built

  • Built in 2004

Lot Details

  • 0.73 Acre Lot
  • Home has sun exposure from multiple directions
  • Southern Exposure
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Membrane Roofing
  • Metal Roof
  • Stucco Exterior

Interior Spaces

  • 5,998 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Window Treatments
  • Crawl Space
  • Home Security System
  • Property Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Maid or Guest Quarters
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Forced Air Heating System
  • Radiant Heating System
  • Water Rights Not Included
  • Well

Additional Features

  • Patio
  • Mineral Rights Excluded

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Quillen Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273501330002

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,175

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.73
  • Inclusions: Dryer, Freezer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Quillen
  • Directions: Cemetery Lane to Red Butte Drive - property on right.
  • Architectural Style: Contemporary
  • Master Model: No
  • New Construction: No
  • Year Built: 2004
  • Tax Parcel Letter: R012137
  • Attribution Contact: (970) 925-7000
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: RES
  • General Info:Main Floor Master: Yes
  • 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
  • General Info:Levels: 1.0
  • Financing Info:Taxes2: 17175.0
  • Financing Info:Tax Year2: 2017
  • Extras:GuestCaretaker Qtrs: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Roof:Membrane: Yes
  • Water Rights:No3: Yes
  • Substructure:Crawl Space: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Exterior:Stucco: Yes
  • Inclusions:Freezer: Yes
  • Roof:Metal: Yes
  • Extras:Steam Shower: Yes
  • Water:Well - Domestic: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 5998.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Stucco
  • Property Condition: Excellent
  • Roof: Metal, Membrane

Garage/Parking

  • Keywords Info:Garage: 2 Car

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Forced Air
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Well
  • Heating:Radiant: Yes
  • Heating:Forced Air: 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:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 31776.0
  • Parcel #: 273501330002
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17175.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2017
Closed on
Dec 7, 2018
Sold by
1445 Red Butte Llc
Bought by
The Andrews Family Trust
Buyer's Agent
Susan Hershey
Douglas Elliman Real Estate-Hyman Ave
List Price
$7,450,000
Sold Price
$6,100,000
Premium/Discount to List
-$1,350,000
-18.12%
Current Estimated Value
$10,085,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,985,940
Avg. Annual Appreciation
9.09%
Original Mortgage
$3,000,000
Outstanding Balance
$2,668,595
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
$8,105,387

Purchase Details

Closed on
May 10, 2004
Sold by
Carlson Keith and Carlson Victoria
Bought by
1445 Red Butte Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,925,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2003
Sold by
Carlson Keith and Carlson Victoria
Bought by
Keith & Victoria Carlson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2001
Sold by
Rogers Mary Ellen and Davies Alexandra
Bought by
Keith & Victoria Carlson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.08%
Source: Public Records

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
The Andrews Family Trust $6,100,000 Land Title Co Of The Rockies
1445 Red Butte Llc $3,900,000 Land Title Guarantee Company
Keith & Victoria Carlson Trust -- --
Carlson Keith -- Land Title Guarantee Company
Keith & Victoria Carlson Trust $1,423,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrews Family Trust $2,000,000
Open The Andrews Family Trust $3,000,000
Closed Andrews Family Trust $500,000
Previous Owner 1445 Red Butte Llc $4,500,000
Previous Owner 1445 Red Butte Drive Llc $2,325,000
Previous Owner 1445 Red Butte Llc $1,200,000
Previous Owner 1445 Red Butte Llc $2,925,000
Previous Owner Carlson Keith $500,000
Previous Owner Keith & Victoria Carlson Trust $450,000
Closed Keith & Victoria Carlson Trust $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2018 12/07/18 Sold $6,100,000 -18.1% $1,017 / Sq Ft
11/08/2018 11/08/18 Pending -- -- --
06/05/2017 06/05/17 For Sale $7,450,000 -- $1,242 / 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 $39,833 $1,211,660 $414,140 $797,520
2023 $39,833 $1,226,120 $419,080 $807,040
2022 $19,634 $535,550 $208,500 $327,050
2021 $19,550 $550,960 $214,500 $336,460
2020 $21,499 $601,770 $185,900 $415,870
2019 $21,499 $601,770 $185,900 $415,870
2018 $19,465 $605,980 $187,200 $418,780
2017 $17,175 $577,500 $180,000 $397,500
2016 $17,969 $553,360 $179,100 $374,260
2015 $16,838 $525,310 $179,100 $346,210
2014 $9,550 $284,710 $175,120 $109,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 149313

Aspen Glenwood MLS

APN: R012137