NOT LISTED FOR SALE

1480 Silver King Dr Aspen, CO 81611

Estimated Value: $5,406,000 - $9,253,000

4 Beds
3.5 Baths
3,271 Sq Ft
$2,304/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $5,450,000 $1,666 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $41,009/month

103 Days on Market

Highlights

  • On Golf Course
  • Green Building
  • 3 Fireplaces
  • Aspen Middle School Rated A-
  • Maid or Guest Quarters
  • Views

About This Home

As of December 2021

Enjoy views galore from this great mountain home located across the street from the Aspen Golf Course. This is a fantastic location with easy access to golf, hiking, nordic skiing just outside your front door. This home features 2 large living areas with expansive windows, vaulted ceilings and 2 large stone fireplaces. The living areas, kitchen, dining and master suite are located on the upper level with abundant natural light throughout. On the entry level of the home, there are 2 guest bedrooms plus an additional 1 bedroom studio with private entrance. This lot is zoned as single family or duplex. The property is being offered for sale with a lease in place through 7/31/22. Enjoy rental income while making plans to renovate &/or rebuild. This property has tons of potential!

Last Agent to Sell the Property

Christy Clettenberg

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 License #FA100014334 Listed on: 05/17/2021

Coldwell Banker Mason Morse-Aspen

Co-Listed By

Bob Starodoj

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 License #EA120561

Last Buyer's Agent

Christy Clettenberg

Coldwell Banker Mason Morse-GWS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,771

Year Built

  • Built in 1973

Lot Details

  • 0.4 Acre Lot
  • On Golf Course
  • Sprinkler System
  • Landscaped with Trees
  • Property is in good condition

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 3,271 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Green Building
  • Patio
  • Accessory Dwelling Unit (ADU)
  • Mineral Rights Excluded

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • West Aspen Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273502401001

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,771

Year Built

Built in 1973

Lot Details

0.4 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Co List Office Mls Id: CBMMAspen
  • Co List Office Phone: 970-925-7000
  • Inclusions: Ceiling Fan, Dryer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: West Aspen
  • Directions: Cemetery Lane, left on Silver King Drive, stay to the right when road splits, house is on the right.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1973
  • Tax Parcel Letter: R005353
  • Attribution Contact: (970) 925-7000
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: residential
  • 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: Yes
  • General Info:Levels: 2.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 9771.08
  • Financing Info:Tax Year2: 2020
  • Extras:GuestCaretaker Qtrs: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Condition:Good: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Style:Two Story: Yes
  • Inclusions:Oven: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 3271.0
  • Fireplace:Gas: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Frame
  • Property Condition: Good
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car
  • General Info:Garage SqFt: 925.0

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

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

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 17424.0
  • Parcel #: 273502401001
  • Zoning: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9771.08
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Dec 6, 2021
Sold by
1480 Silver King Drive Llc
Bought by
Vanselous Ranch And Cattle Company
Seller's Agent
Christy Clettenberg
Coldwell Banker Mason Morse-Aspen
Buyer's Agent
Christy Clettenberg
Coldwell Banker Mason Morse-Aspen
List Price
$6,950,000
Sold Price
$5,450,000
Premium/Discount to List
-$1,500,000
-21.58%
Current Estimated Value
$7,535,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,085,124
Avg. Annual Appreciation
7.84%
Original Mortgage
$1,800,000
Outstanding Balance
$1,639,144
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$5,895,980

Purchase Details

Closed on
May 18, 2021
Sold by
The Elizabeth S Ratcliff Trust
Bought by
1480 Silver King Drive Llc

Purchase Details

Closed on
Sep 27, 2011
Sold by
Ratcliff Elizabeth S and Ratlcliff David E
Bought by
The Elizabeth S Ratcliff Trust

Purchase Details

Closed on
May 25, 2001
Sold by
Ratcliff Elizabeth S
Bought by
Ratcliff Elizabeth S and Ratcliff David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Buyer Sale Price Title Company
Vanselous Ranch And Cattle Company $5,450,000 Land Title
1480 Silver King Drive Llc -- None Available
The Elizabeth S Ratcliff Trust -- None Available
Ratcliff Elizabeth S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanselous Ranch And Cattle Company $1,800,000
Previous Owner Ratcliff Elizabeth S $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2021 12/08/21 Sold $5,450,000 -21.6% $1,666 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $6,950,000 -- $2,125 / Sq Ft
Source: Aspen Glenwood MLS

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
2025 $16,470 $445,370 $406,250 $39,120
2024 $16,470 $434,520 $394,630 $39,890
2023 $14,285 $441,440 $400,920 $40,520
2022 $9,623 $262,480 $250,200 $12,280
2021 $9,581 $270,030 $257,400 $12,630
2020 $9,690 $271,230 $257,400 $13,830
2019 $9,690 $271,230 $257,400 $13,830
2018 $9,997 $273,120 $259,200 $13,920
2017 $8,591 $277,320 $252,000 $25,320
2016 $8,053 $255,950 $238,800 $17,150
2015 $7,949 $255,950 $238,800 $17,150
2014 $7,998 $246,400 $222,880 $23,520
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 170010

Aspen Glenwood MLS

APN: R005353

Your Personal Tour Guide

Ask me questions while you tour the home.