NOT LISTED FOR SALE

1605 Silver King Dr Aspen, CO 81611

Estimated Value: $5,902,000 - $8,879,000

4 Beds
3.5 Baths
3,798 Sq Ft
$1,844/Sq Ft Est. Value

Last Sold July 14, 2014

Last sale price $3,650,000 $961 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $37,601/month

3 Days on Market

Highlights

  • Spa
  • Green Building
  • Interior Lot
  • Aspen Middle School Rated A-
  • Maid or Guest Quarters
  • Views

About This Home

As of July 2014

Wonderful single family home on a duplex lot with views of Aspen Mountain, Buttermilk, Pyramid Peak, and Aspen Highlands! Features include 4 bedrooms (including an apartment with kitchen), 3.5 baths, 3798 square feet, open floor plan, upgraded kitchen, office, gas fireplace, and two car garage. The inviting outdoor spaces include a large yard with mature landscaping, hot tub, deck, and walkout patio. Located in a quiet neighborhood, yet close to downtown Aspen. Additional FAR is available.

Last Agent to Sell the Property

Craig Morris

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA40009691 Listed on: 06/06/2014

Last Buyer's Agent

Craig Morris

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA40009691 Listed on: 06/06/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,008

Year Built

  • Built in 1972

Lot Details

  • 0.35 Acre Lot
  • North Facing Home
  • Interior Lot
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 3,798 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Window Treatments
  • Property Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Green Building

Outdoor Features

  • Spa
  • Patio

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 273502401015

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,008

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • Inclusions: Dryer, Freezer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: West Aspen
  • Directions: Cemetery Lane to Silver King Drive
  • Architectural Style: Two Story
  • Master Model: No
  • New Construction: No
  • Year Built: 1972
  • Tax Parcel Letter: R005404
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 8008.44
  • Financing Info:Tax Year2: 2014
  • 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
  • Condition:Excellent: Yes
  • Extras:Lawn Sprinklers: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Unit Faces:North: Yes
  • Style:Two Story: Yes
  • Inclusions:Freezer: Yes
  • Extras:Outdoor Hot TubSpa: 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
  • Fireplace: Yes
  • Living Area: 3798.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Interior Lot, Landscaped
  • Disclosures: Excluded Buyer
  • Construction Type: Wood Siding, Frame
  • Property Condition: Excellent
  • Construction:Frame: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Heating: Hot Water, Natural Gas, Baseboard
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Interior Lot: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 15400.0
  • Parcel #: 273502401015
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8008.44
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2022
Sold by
Banks Jarett
Bought by
1605 Silver King Llc
Current Estimated Value
$6,734,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,090,000
Outstanding Balance
$1,044,811
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$5,639,902

Purchase Details

Closed on
Jul 29, 2021
Sold by
Savage Elizabeth Bell and Savage Roy E
Bought by
Banks Jarett and Banks Jayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 6, 2014
Closed on
Jul 14, 2014
Sold by
Cooper Jody and Bonadies Chris
Bought by
Savage Elizabeth Bell and Savage Roy E
Seller's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$3,750,000
Sold Price
$3,650,000
Premium/Discount to List
-$100,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$2,000,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 17, 2008
Sold by
Cooper Jody and Bonadies Chris
Bought by
Cooper Jody and Bonadies Chris

Purchase Details

Closed on
Jun 1, 2005
Sold by
Schiller Carl F
Bought by
Bonadies Chris and Cooper Jody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
1605 Silver King Llc -- --
Banks Jarett $6,000,000 Land Title Guarantee Company
Savage Elizabeth Bell $3,650,000 Title Company Of The Rockies
Cooper Jody -- None Available
Bonadies Chris $3,000,000 Attorneys Title Agency Aspen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1605 Silver King Llc $1,090,000
Previous Owner Banks Jarett $4,500,000
Previous Owner Savage Elizabeth Bell $2,000,000
Previous Owner Cooper Jody $475,000
Previous Owner Cooper Jody $417,000
Previous Owner Cooper Jody $470,867
Previous Owner Cooper Jody L $500,000
Previous Owner Bonadies Chris $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2014 07/14/14 Sold $3,650,000 -2.7% $961 / Sq Ft
06/09/2014 06/09/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $3,750,000 -- $987 / 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 $8,756 $266,330 $247,820 $18,510
2023 $8,756 $271,620 $253,690 $17,930
2022 $9,708 $264,810 $208,500 $56,310
2021 $9,667 $272,430 $214,500 $57,930
2020 $10,024 $280,570 $214,500 $66,070
2019 $10,024 $280,570 $214,500 $66,070
2018 $11,380 $282,530 $216,000 $66,530
2017 $10,041 $315,710 $208,800 $106,910
2016 $8,532 $262,740 $206,960 $55,780
2015 $8,422 $262,740 $206,960 $55,780
2014 $8,179 $243,840 $187,060 $56,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 134592

Aspen Glenwood MLS

APN: R005404