NOT LISTED FOR SALE

1560 Silver King Dr Aspen, CO 81611

Estimated Value: $8,216,996 - $9,499,000

4 Beds
5.5 Baths
5,209 Sq Ft
$1,703/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $6,400,000 $1,229 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $48,922/month

203 Days on Market

Highlights

  • On Golf Course
  • Spa
  • Contemporary Architecture
  • Aspen Middle School Rated A-
  • Green Building
  • Main Floor Primary Bedroom

About This Home

As of September 2020

This stunning contemporary duplex, a centerpiece of this popular West Aspen neighborhood, is perched above the Aspen Golf Course revealing expansive mountain views of Pyramid Peak and all 4 ski mountains. The top floor open living area and master bedroom create the feeling of penthouse living with Weiland floor to ceiling sliding glass walls opening to south facing patios bringing the outdoors in year-round. This home is a perfect collaboration of contemporary mountain design by Zone 4 Architects with the quality craftsmanship of Brikor Associates creating the ultimate Aspen turn key ''Wow'' property.

Last Agent to Sell the Property

Susan Lodge

Aspen Snowmass International R Brokerage Phone: (970) 925-6060 License #FA100033108 Listed on: 01/06/2020

Aspen Snowmass International R

Last Buyer's Agent

Eric Cohen

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA40015466

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,839

Year Built

  • Built in 2007

Lot Details

  • 0.37 Acre Lot
  • On Golf Course
  • South Facing Home
  • Southern Exposure
  • Landscaped
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Frame Construction
  • Membrane Roofing
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 5,209 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Furnished
  • Gas Fireplace
  • Window Treatments
  • Home Security System
  • Property Views
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Water Rights Not Included
  • Water Softener
  • Cable TV Available

Additional Features

  • Green Building
  • Mineral Rights Excluded

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • West Aspen Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 273502401029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,839

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • Inclusions: Dryer, Refrigerator, Washer, Window Coverings, Water Softener, Range, Microwave, Dishwasher
  • Subdivision Name: West Aspen
  • Directions: From Highway 82, turn onto Cemetery Lane, Turn left onto Silver King Drive. 1560 Silver King Drive is on your right.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2007
  • Tax Parcel Letter: R020403
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-15
  • 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: 4.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 15838.84
  • Financing Info:Tax Year2: 2019
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Roof:Membrane: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Extras:Elevator: Yes
  • Inclusions:Water Softener: Yes
  • Unit Faces:South: Yes
  • Substructure:Finished Basement: Yes
  • Cooling:Central AC: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Extras:Softener: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Has Basement: Finished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Elevator
  • Living Area: 5209.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Stone Veneer, Frame
  • Property Condition: Excellent
  • Roof: Membrane
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes
  • General Info:Garage SqFt: 802.0

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Building Features: Yes
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Hot Water, Natural Gas, Forced Air
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Golf: Yes
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Borders Public Land: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 8076.0
  • Parcel #: 273502401029
  • Zoning: R-15
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 15838.84
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2016
Closed on
Oct 4, 2016
Sold by
Jordan Frank B and Jordan Abigail N
Bought by
Exhale Ventures Llc
Seller's Agent
Chris Klug
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Kristi Gilliam
Gilliam Properties of Aspen
List Price
$5,850,000
Sold Price
$5,625,000
Premium/Discount to List
-$225,000
-3.85%
Current Estimated Value
$8,567,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,942,753
Avg. Annual Appreciation
4.66%
Original Mortgage
$4,500,000
Outstanding Balance
$3,652,391
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,767,779

Purchase Details

Closed on
Jan 14, 2011
Sold by
Mrnka Cain Alasdair Stephen and Mrnka Cain Suzanne
Bought by
Jordan Frank B and Jordan Abigail N

Purchase Details

Closed on
Jan 13, 2009
Sold by
Morris Craig S
Bought by
Mrnka Cain Alasdair Stephen and Mrnka Cain Suzanne

Purchase Details

Closed on
Apr 12, 2007
Sold by
Silver King Llc
Bought by
Morris Craig S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,602,000
Interest Rate
5.87%
Mortgage Type
Unknown
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
Exhale Ventures Llc $5,625,000 Attorneys Title Agency Aspen
Jordan Frank B $5,100,000 Land Title Guarantee Company
Mrnka Cain Alasdair Stephen $4,900,000 None Available
Morris Craig S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Exhale Ventures Llc $4,500,000
Previous Owner Morris Craig S $1,918,000
Previous Owner Morris Craig $1,602,000
Previous Owner Silver King Llc $5,910,000
Previous Owner Dow B Hickam Investments Lp $1,070,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $6,400,000 -3.8% $1,229 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $6,650,000 +18.2% $1,277 / Sq Ft
10/04/2016 10/04/16 Sold $5,625,000 -3.8% $1,080 / Sq Ft
08/20/2016 08/20/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $5,850,000 -- $1,123 / 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 $24,139 $734,280 $0 $734,280
2023 $24,139 $744,110 $0 $744,110
2022 $17,209 $469,400 $0 $469,400
2021 $17,135 $482,910 $0 $482,910
2020 $15,839 $443,330 $0 $443,330
2019 $15,839 $443,330 $0 $443,330
2018 $17,323 $446,430 $0 $446,430
2017 $15,285 $480,560 $0 $480,560
2016 $13,710 $422,200 $0 $422,200
2015 $17,701 $552,220 $0 $552,220
2014 $12,682 $378,100 $0 $378,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 162611

Aspen Glenwood MLS

APN: R020403