NOT LISTED FOR SALE

1471 Medicine Bow Rd Aspen, CO 81611

Estimated Value: $2,470,000 - $4,266,000

4 Beds
3 Baths
1,857 Sq Ft
$1,856/Sq Ft Est. Value

Last Sold July 31, 2013

Last sale price $835,000 $450 Per Sq Ft

Est. 313% increase in value since last sale

Current estimated payment $18,769/month

121 Days on Market

Highlights

  • Sauna
  • 2.97 Acre Lot
  • Furnished
  • Aspen Middle School Rated A-
  • Green Building
  • Views

About This Home

As of July 2013

Top of the mountain home situated on a private secluded lot with panoramic views towards the Roaring Fork Valley, Aspen and Independence Pass. Aspen School District. Furnished and easy to show. This is a short sale.

Last Agent to Sell the Property

Barbara Owen

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 Listed on: 11/14/2012

Co-Listed By

Katie Grange

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

Last Buyer's Agent

Laura Maggos

Laura Maggos Properties License #ER.001184935

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,917

Year Built

  • Built in 1985

Lot Details

  • 2.97 Acre Lot
  • North Facing Home
  • Landscaped with Trees
  • Property is in excellent condition

Home Design

  • Slab Foundation
  • Frame Construction
  • Tar and Gravel Roof
  • Wood Siding

Interior Spaces

  • 1,857 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Sauna
  • Property Views

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Carport
  • No Garage

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • Well
  • Septic Tank
  • Septic System

Additional Features

  • Green Building
  • Patio

Community Details

  • Property has a Home Owners Association
  • Brush Creek Village Subdivision

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 264321305001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,917

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.97
  • Co List Office Mls Id: ASSHMA
  • Inclusions: Ceiling Fan, Dryer, Refrigerator, Washer, Window Coverings, Range, Microwave
  • Subdivision Name: Brush Creek Village
  • Directions: Juniper Hill Road, left onto Medicine Bow to 1471 Medicine Bow.
  • Carport Y N: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1985
  • Tax Parcel Letter: R003641
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: Yes
  • Listing Info:REO: No
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 3917.24
  • Financing Info:Tax Year2: 2012
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Substructure:Slab: Yes
  • Cooling:None: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Extras:Sauna: Yes
  • Unit Faces:North: Yes
  • Sanitation:Septic: Yes
  • Gas:None3: Yes
  • Water:Well - Domestic: Yes
  • Carport:_one_ Car: Yes
  • Roof:Tar Gravel: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: 12

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 1857.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Slab
  • Property Condition: Excellent
  • Roof: Tar/Gravel
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: None

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public, Well
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Association/Amenities

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

Lot Info

  • Lot Size Sq Ft: 129373.0
  • Parcel #: 264321305001
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3917.24
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2014
Sold by
Fallieras Susan L
Bought by
Fallieras Susan L and Fallieras George N
Current Estimated Value
$3,447,313

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
Outstanding Balance
$145,039
Interest Rate
4.49%
Mortgage Type
New Conventional
Estimated Equity
$3,302,274

Purchase Details

Listed on
Nov 14, 2012
Closed on
Jul 31, 2013
Sold by
Jones Larry
Bought by
Fallieras Susan L
Seller's Agent
Barbara Owen
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Laura Maggos
Laura Maggos Properties
List Price
$985,000
Sold Price
$835,000
Premium/Discount to List
-$150,000
-15.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%

Purchase Details

Closed on
Aug 31, 2006
Sold by
Lichty John Allen and Lichty Nan Mullins
Bought by
Jones Larry

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
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fallieras Susan L -- Stewart Title
Fallieras Susan L $835,000 Stewart Title
Jones Larry $1,330,000 Stewart Title Of Colorado In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fallieras Susan L $500,000
Previous Owner Jones Larry $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2013 07/31/13 Sold $835,000 -15.2% $450 / Sq Ft
03/15/2013 03/15/13 Pending -- -- --
11/14/2012 11/14/12 For Sale $985,000 -- $530 / 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 $5,908 $147,540 $75,170 $72,370
2023 $5,908 $151,670 $77,280 $74,390
2022 $3,821 $75,300 $51,430 $23,870
2021 $3,779 $77,470 $52,910 $24,560
2020 $3,535 $73,450 $52,200 $21,250
2019 $3,535 $73,450 $52,200 $21,250
2018 $3,580 $73,960 $52,560 $21,400
2017 $3,658 $73,810 $52,200 $21,610
2016 $3,796 $76,760 $54,530 $22,230
2015 $4,071 $76,760 $54,530 $22,230
2014 $4,010 $70,850 $54,530 $16,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 127762

Aspen Glenwood MLS

APN: R003641