$10,950,000
SOLD MAR 25, 2021

1683 Red Mountain Rd Aspen, CO 81611

7 Beds
6.5 Baths
6,899 Sq Ft
1.02 Acres

Recently Sold

$1,587 Per Sq Ft

16% Below List Price

869 Days on Market

About This Home

As of November 2021

The views are endless from Independence Pass to Mt. Sopris, and so is the potential for this rare and magnificent location and home set high atop Red Mountain Ranch. With floor to ceiling windows, this 7,000 square foot home captures the most breathtaking views in Aspen and beyond. What is great now can be even more spectacular with the vision to transform the existing home into a truly one of a kind Aspen living experience. A flat and completely usable one-acre site allows for extraordinary indoor/outdoor living and entertaining and total privacy. The charming current home consists of 6 bedrooms (plus a sitting room with a Murphy bed – making it a 7th bedroom), 6 full baths (four with heated floors), multiple living, den and office spaces,a wood-burning fireplace in the family room adjacent to the kitchen, an extra-large three car garage, forced air heat and full air conditioning. There is expansion potential to approximately 10,000 square feet with space for a swimming pool, and remodel plans are already completed by Aspen architect John Galambos. A rare opportunity with no comparable options! a wood-burning fireplace in the family room adjacent to the kitchen, an extra-large three car garage, forced air heat and full air conditioning. There is expansion potential to approximately 10,000 square feet with space for a swimming pool, and remodel plans are already completed by Aspen architect John Galambos. A rare opportunity with no comparable options!

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: 12/15/2020

Last Buyer's Agent

Wendalin Whitman

Whitman Fine Properties License #ER.001311517

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Nov 18, 2021
Sold by
1683 Rmr Llc
Bought by
We 64 Red Mountain Llc
Seller's Agent
Wendalin Whitman
Whitman Fine Properties
Buyer's Agent
Wendalin Whitman
Whitman Fine Properties
List Price
$16,000,000
Sold Price
$14,700,000
Premium/Discount to List
-$1,300,000
-8.12%
Total Days on Market
869
Current Estimated Value
$12,864,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,835,514
Avg. Annual Appreciation
-3.69%
Original Mortgage
$10,290,000
Outstanding Balance
$9,420,158
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$3,444,328

Purchase Details

Listed on
Oct 5, 2021
Closed on
Nov 11, 2021
Sold by
1683 Rmr Llc
Bought by
We 64 Red Mountain Llc
Seller's Agent
Wendalin Whitman
Whitman Fine Properties
Buyer's Agent
Wendalin Whitman
Whitman Fine Properties
List Price
$16,000,000
Sold Price
$14,700,000
Premium/Discount to List
-$1,300,000
-8.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,290,000
Outstanding Balance
$9,420,158
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$3,444,328

Purchase Details

Listed on
Dec 15, 2020
Closed on
Mar 25, 2021
Sold by
Acme Colorado Llc
Bought by
1683 Rmr Llc
Seller's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Wendalin Whitman
Whitman Fine Properties
List Price
$12,995,000
Sold Price
$10,950,000
Premium/Discount to List
-$2,045,000
-15.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.24%

Purchase Details

Listed on
Jun 10, 2013
Closed on
Oct 25, 2013
Sold by
Irwin Management Llc
Bought by
Acme Colorado Llc
Seller's Agent
AnneAdare Wood
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$6,995,000
Sold Price
$6,130,000
Premium/Discount to List
-$865,000
-12.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%

Purchase Details

Closed on
Jun 1, 2011
Sold by
Johnson William E
Bought by
Irwin Management Llc
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 $14,700,000 Attorneys Title Aspen
Bargain Sale Deed -- None Available
Special Warranty Deed $10,950,000 Attorneys Ttl Ins Agcy Of As
Warranty Deed $6,130,000 Attorneys Title Agency Of As
Special Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,290,000 New Conventional
Previous Owner $4,149,176 Unknown
Previous Owner $7,855,778 Commercial
Previous Owner $1,600,000 Unknown
Previous Owner $5,000,000 Fannie Mae Freddie Mac
Previous Owner $4,200,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $14,700,000 -8.1% $2,131 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $16,000,000 +46.1% $2,319 / Sq Ft
03/25/2021 03/25/21 Sold $10,950,000 -15.7% $1,587 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
09/05/2018 09/05/18 For Sale $12,995,000 +112.0% $1,884 / Sq Ft
10/25/2013 10/25/13 Sold $6,130,000 -12.4% $889 / Sq Ft
10/02/2013 10/02/13 Pending -- -- --
06/10/2013 06/10/13 For Sale $6,995,000 -- $1,014 / 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 $30,407 $1,057,130 $734,440 $322,690
2023 $30,407 $1,196,090 $743,520 $452,570
2022 $26,572 $839,340 $486,500 $352,840
2021 $26,503 $863,500 $500,500 $363,000
2020 $22,668 $736,800 $393,250 $343,550
2019 $22,668 $736,800 $393,250 $343,550
2018 $14,126 $741,950 $396,000 $345,950
2017 $12,271 $459,400 $396,000 $63,400
2016 $13,236 $485,810 $437,800 $48,010
2015 $13,218 $488,190 $437,800 $50,390
2014 $14,669 $529,080 $469,640 $59,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 155988

Aspen Glenwood MLS

APN: R003201