$5,488,000
SOLD DEC 11, 2019
5 Beds
5.5 Baths
6,291 Sq Ft
1.15 Acres

Recently Sold

$872 Per Sq Ft

14% Below List Price

163 Days on Market

Highlights

  • Ski Accessible
  • Spa
  • Main Floor Primary Bedroom
  • Aspen Middle School Rated A-
  • Contemporary Architecture
  • 2 Fireplaces

About This Home

As of December 2019

AUCTION: Bid November 12–15. Previously Offered for $6.35M. No Reserve. Open Daily 1–4 PM & by Appointment.


As soon as your gaze sets upon 1581 Woods Rd, you'll immediately realize why this highly sought-after ski property in scenic Snowmass Village is the retreat that you've been seeking. A work of art in itself, the spacious 5 bedroom estate boasts high ceilings, mountain-modern architecture, and floor-to-ceiling windows with vast views around every turn. Step out your door to partake in some of the best snow-sports in the area with your ski-in/ski-out access. After a day on the slopes, unwind in front of the fireplace in your master suite or ease tired muscles in your outdoor hot tub, watching the snow dust your 1.15 acres.Entertaining your friends-turned-family is a way of life at this escape thanks to your gourmet eat-in kitchen, open floor plan, media/game room, and multiple balconies and patios. With plenty of privacy as well as vast indoor/outdoor shared living spaces, 1581 Wood Road is the escape that truly has it all. Entertaining your friends-turned-family is a way of life at this escape thanks to your gourmet eat-in kitchen, open floor plan, media/game room, and multiple balconies and patios. With plenty of privacy as well as vast indoor/outdoor shared living spaces, 1581 Wood Road is the escape that truly has it all.

Last Agent to Sell the Property

Andrew Roberts

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 Listed on: 06/04/2019

Co-Listed By

Craig Morris

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA40009691

Last Buyer's Agent

Andrew Roberts

Compass License #FA.100053200

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,369

Year Built

  • Built in 1991

Lot Details

  • 1.15 Acre Lot
  • North Facing Home
  • Lot Has A Rolling Slope
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 6,291 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • 2 Fireplaces
  • Window Treatments
  • Walk-Out Basement
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Auction
  • Assessor Parcel Number 273312201033

Community Details

Overview

  • Association fees include management, sewer, insurance
  • Wood Run Subdivision

Recreation

  • Ski Accessible

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,369

Year Built

Built in 1991

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.15
  • Co List Office Mls Id: ASSHMA
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Wood Run
  • Directions: Brush Creek Road to Wood Road, past Bridge Lane to #1581 on the right.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1991
  • Tax Parcel Letter: R001714
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: Yes
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • Listing Info:Auction: Yes
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 21368.6
  • Financing Info:Tax Year2: 2019
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Substructure:Slab: Yes
  • Extras:Lawn Sprinklers: Yes
  • HOA Fees Includes:Management: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Insurance: Yes
  • Extras:Elevator: Yes
  • Unit Faces:North: Yes
  • Substructure:Walkout: Yes
  • Inclusions:Oven: Yes
  • Roof:Metal: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 90.0
  • Special Features: 4160

Interior Features

  • Furnished: Furnished
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Elevator
  • Living Area: 6291.0

Exterior Features

  • Lot Features: Landscaped
  • Disclosures: Excluded Buyer
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Slab
  • Property Condition: Excellent
  • Roof: Metal
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car
  • General Info:Garage SqFt: 547.0

Utilities

  • Laundry Features: Inside
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Pets Allowed/Renter
  • Association Fee: 90.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 90.0
  • Financing Info:Association Fee Frequency2: Annually
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Ski In Access: Yes
  • Location Amenities:Ski Out Access: Yes
  • Location Amenities:Rolling Topo: Yes
  • Location Amenities:Extreme Topo: Yes

Fee Information

  • Association Fee Includes: Management, Sewer, Insurance

Lot Info

  • Lot Size Sq Ft: 50207.0
  • Parcel #: 273312201033
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 21368.6
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
Dec 10, 2019
Sold by
Covert Properties Llc
Bought by
Forza Holdings Colorado Llc
Seller's Agent
Andrew Roberts
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Andrew Roberts
Compass
List Price
$6,350,000
Sold Price
$5,488,000
Premium/Discount to List
-$862,000
-13.57%
Current Estimated Value
$10,309,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,821,217
Avg. Annual Appreciation
12.04%

Purchase Details

Listed on
Dec 11, 2014
Closed on
May 12, 2015
Sold by
Cowan Fiona Mary and Basra David
Bought by
Covert Properties Llc
Seller's Agent
Doug Leibinger
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Buyer's Agent
Doug Leibinger
Aspen Snowmass Sotheby's International Realty-Snowmass Village
List Price
$8,250,000
Sold Price
$5,610,000
Premium/Discount to List
-$2,640,000
-32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.48%
Original Mortgage
$4,260,000
Interest Rate
3.33%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 30, 2010
Sold by
Cowan Fiona Mary
Bought by
Bagca David

Purchase Details

Closed on
Jul 13, 2006
Sold by
Harvey International Ltd
Bought by
Cowan Fiona Mary

Purchase Details

Closed on
Aug 1, 2001
Sold by
Las Olas Courts Ltd Inc
Bought by
Harvey International Ltd
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $4,900,000 Attorneys Title Agency
Special Warranty Deed $5,610,000 Stewart Title
Special Warranty Deed -- None Available
Special Warranty Deed -- None Available
Special Warranty Deed $3,450,000 None Available
Special Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,500,000 Credit Line Revolving
Previous Owner $4,260,000 Adjustable Rate Mortgage/ARM
Previous Owner $123,809 Adjustable Rate Mortgage/ARM
Previous Owner $3,055,500 New Conventional
Previous Owner $3,300,000 Unknown
Previous Owner $249,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2019 12/11/19 Sold $5,488,000 -13.6% $872 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $6,350,000 +13.2% $1,009 / Sq Ft
05/14/2015 05/14/15 Sold $5,610,000 -32.0% $892 / Sq Ft
04/14/2015 04/14/15 Pending -- -- --
12/11/2014 12/11/14 For Sale $8,250,000 -- $1,311 / 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 $32,548 $724,820 $206,650 $518,170
2023 $32,548 $734,550 $209,420 $525,130
2022 $19,917 $391,200 $152,900 $238,300
2021 $20,251 $402,460 $157,300 $245,160
2020 $22,258 $438,330 $157,300 $281,030
2019 $22,258 $438,330 $157,300 $281,030
2018 $21,369 $441,400 $158,400 $283,000
2017 $20,372 $411,750 $144,000 $267,750
2016 $16,376 $331,880 $159,200 $172,680
2015 $14,685 $331,880 $159,200 $172,680
2014 $13,247 $296,430 $191,040 $105,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 159594

Aspen Glenwood MLS

APN: R001714