NOT LISTED FOR SALE

16 E Lupine Dr Aspen, CO 81611

Estimated Value: $4,043,000 - $5,888,391

6 Beds
3 Baths
2,662 Sq Ft
$1,826/Sq Ft Est. Value

Last Sold April 18, 2019

Last sale price $1,800,000 $676 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $26,086/month

113 Days on Market

Highlights

  • Spa
  • Main Floor Primary Bedroom
  • Corner Lot
  • Aspen Middle School Rated A-
  • 2 Fireplaces
  • 5-minute walk to East of Aspen Trail

About This Home

As of April 2019

Huge Development Potential... large corner lot at the entrance to Mountain Valley. Tons of potential - remodel existing duplexes and/or scrape and start new. Great opportunity for a developer & or end user. Remodel existing duplex - keep one duplex for personal use and the other for rental income. Flat building lot, views, lots of sun and on the dial-a-ride bus route. R15-A zoning. Current configuration is a top/bottom duplex. Top floor consists of 3 bedrooms, 2.5 bath, full kitchen, fireplace and washer/dryer. Lower duplex is 3 bedrooms, 1.5 bath, full kitchen, fireplace, washer/dryer. There is also a over sized 2 car garage with lots of extra storage plus a hot tub and deck areas. Current rental income is $4,200/mo.

Last Agent to Sell the Property

Christy Clettenberg

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 License #FA100014334 Listed on: 07/11/2018

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

Adam Rothberg

Adam Rothberg Real Estate Company License #ER.040007542

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,309

Year Built

  • Built in 1967

Lot Details

  • 0.38 Acre Lot
  • Fence is in average condition
  • Corner Lot
  • Landscaped with Trees
  • Property is in average condition

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,662 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Property Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Outdoor Features

  • Spa
  • Patio

Location

  • Mineral Rights Excluded

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 273717307023

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include sewer
  • Mountain Valley Subdivision

Amenities

  • Courtesy Bus

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,309

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Co List Office Mls Id: CBMMAspen
  • Co List Office Phone: 970-925-7000
  • Subdivision Name: Mountain Valley
  • Directions: Hwy 82 towards Independence Pass, take left into Mountain Valley Subdivision, first property on your left.
  • Architectural Style: Two Story
  • Master Model: No
  • New Construction: No
  • Year Built: 1967
  • Tax Parcel Letter: R006213
  • Attribution Contact: (970) 925-7000
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: 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: 2.0
  • Financing Info:Taxes2: 4309.16
  • Financing Info:Tax Year2: 2017
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Exterior:Wood Siding: Yes
  • Water Rights:No3: Yes
  • Miscellaneous:Under Construction3: No
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Condition:Average: Yes
  • Style:Two Story: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2662.0

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Wood Siding, Frame
  • Property Condition: Average
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car

Utilities

  • Cooling: None
  • Cooling Y N: No
  • 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: Bus/ShuttleService
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Corner Lot: Yes
  • Location Amenities:Trees: Yes
  • HOA Amenities:BusShuttleService: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 16635.0
  • Parcel #: 273717307023
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4309.16
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2018
Closed on
Apr 18, 2019
Sold by
William H Sens Family Trust
Bought by
16 Lupine Llc
Seller's Agent
Christy Clettenberg
Coldwell Banker Mason Morse-Aspen
Buyer's Agent
Adam Rothberg
Adam Rothberg Real Estate Company
List Price
$2,350,000
Sold Price
$1,800,000
Premium/Discount to List
-$550,000
-23.4%
Current Estimated Value
$4,860,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,060,348
Avg. Annual Appreciation
16.14%
Original Mortgage
$1,000,000
Outstanding Balance
$880,948
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$3,979,400

Purchase Details

Closed on
Oct 26, 2018
Sold by
Sens William H
Bought by
Mcminimee Marcie R

Purchase Details

Closed on
Jan 2, 2014
Sold by
Sens William Herman
Bought by
William H Sens Revocable Trust

Purchase Details

Closed on
Aug 30, 2013
Sold by
Sens William H
Bought by
Sens William Herman

Purchase Details

Closed on
Nov 11, 2009
Sold by
Sens William Herman
Bought by
William H Sens Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
16 Lupine Llc $1,800,000 Land Title Guarantee Co
Mcminimee Marcie R -- None Available
Sens William H -- None Available
William H Sens Revocable Trust -- None Available
Sens William Herman -- None Available
William H Sens Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 16 Lupine Llc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2019 04/18/19 Sold $1,800,000 -23.4% $676 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $2,350,000 -- $883 / 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 $6,237 $214,750 $197,610 $17,140
2023 $6,237 $219,540 $202,020 $17,520
2022 $4,584 $143,160 $122,400 $20,760
2021 $4,673 $150,530 $128,700 $21,830
2020 $5,178 $166,280 $143,000 $23,280
2019 $5,178 $166,280 $143,000 $23,280
2018 $4,956 $167,440 $144,000 $23,440
2017 $4,309 $159,010 $115,200 $43,810
2016 $4,396 $159,060 $127,360 $31,700
2015 $4,369 $159,060 $127,360 $31,700
2014 $5,020 $186,370 $167,160 $19,210
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Christy Clettenberg

    Coldwell Banker Mason Morse-Aspen

    (970) 379-5589

    4 in this area

    37 Total Sales

    Christy Clettenberg
    Section Image

  • B

    Seller Co-Listing Agent in 2019

    Bob Starodoj

    Coldwell Banker Mason Morse-Aspen

    (970) 920-7367

    3 in this area

    5 Total Sales

    Bob Starodoj
    Section Image

  • A

    Buyer's Agent in 2019

    Adam Rothberg

    Adam Rothberg Real Estate Company

    (970) 948-0480

    1 in this area

    2 Total Sales

    Adam Rothberg
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 155159

Aspen Glenwood MLS

APN: R006213

Colorado Pitkin County Aspen 81611

16 E Lupine Dr, Aspen, CO

Not Listed for Sale

MultiFamily

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