NOT LISTED FOR SALE

18 Cascade Ln Aspen, CO 81611

Estimated Value: $4,918,000 - $15,049,237

5 Beds
4.5 Baths
5,628 Sq Ft
$1,774/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $11,900,000 $2,114 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $55,263/month

2 Days on Market

Highlights

  • Ski Accessible
  • 0.79 Acre Lot
  • Steam Shower
  • Aspen Middle School Rated A-
  • Main Floor Primary Bedroom
  • Corner Lot

About This Home

As of November 2021

Superior craftsmanship becomes abundantly apparent as you enter this stunning Aspen residence in the exclusive Five Trees neighborhood. A timelessly designed country estate features soaring ceilings and splendid natural light throughout.

Sited on just shy of one acre, on a private end-of-a cul-de-sac, this handsome home boasts dramatic views of The Maroon Creek Valley and the Maroon Bells. Ski access is provided by an easy ski trail from Highlands Mountain and out to The Five Tress lift.

The home's amenities include; a generous home gym, a second entertaining area, a bar with a wine chiller, and a new DaVinci roof.

Last Agent to Sell the Property

Steven Shane

Compass Aspen Brokerage Phone: 970-925-6063 License #ER040002675 Listed on: 10/11/2021

Compass Aspen

Last Buyer's Agent

Steven Shane

Shane Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,447

Year Built

  • Built in 2000

Lot Details

  • 0.79 Acre Lot
  • Cul-De-Sac
  • Southwest Facing Home
  • Corner Lot
  • Landscaped with Trees
  • Property is in excellent condition

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding
  • Stone Siding
  • Stone

Interior Spaces

  • 3-Story Property
  • Partially Furnished
  • Gas Fireplace
  • Window Treatments
  • Home Security System
  • Property Views
  • Finished Basement

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Mineral Rights Excluded

Utilities

  • Air Conditioning
  • Radiant Heating System
  • Water Rights Not Included
  • Water Softener
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 273514111131

Community Details

Overview

  • Association fees include sewer, ground maintenance
  • Fivetrees Subdivision

Amenities

  • Courtesy Bus

Recreation

  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,447

Year Built

Built in 2000

Lot Details

0.79 Acres

HOA Fees

$28 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.79
  • Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Stove Top, Range, Microwave, Dishwasher
  • Subdivision Name: Fivetrees
  • Directions: Head towards Highlands mountain on Maroon creek Dr. Left on Moore Dr., pass under ski lift, first left on Cascade, end of street.
  • Above Grade Finished Sq Ft: 3820.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2000
  • Tax Parcel Letter: R016795
  • Attribution Contact: 970-925-6063
  • Location Info:Furnished: Partial
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • 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
  • Listing Info:ADU: No
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 28447.0
  • Financing Info:Tax Year2: 2021
  • Extras:Landscaping: 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
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Style:Ranch: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 3820.0
  • General Info:LvHtSqFt (Blw Grnd): 1808.0
  • General Info:Unit Faces: Southwest
  • Substructure:Finished Basement: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Freezer: Yes
  • Inclusions:Stove Top: Yes
  • Extras:Steam Shower: Yes
  • Cooling:AC: Yes
  • Extras:Softener: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 332.0
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Has Basement: Finished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1808.0
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 5628.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Corner Lot, Landscaped
  • Construction Type: Wood Siding, Stone Veneer, Stone
  • Direction Faces: Southwest
  • Property Condition: Excellent
  • Roof: Composition
  • Construction:Stone: Yes

Garage/Parking

  • Keywords Info:Garage: 3 Car
  • General Info:Garage SqFt: 787.0

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Cooling: A/C
  • Cooling Y N: Yes
  • Heating: Radiant
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Amenities: Bus/ShuttleService
  • Association Fee: 83.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 83.0
  • Financing Info:Association Fee Frequency2: Quarterly
  • Location Amenities:Corner Lot: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Cul-de-Sac: Yes
  • Location Amenities:Ski In Access: Yes
  • Location Amenities:Ski Out Access: Yes
  • HOA Amenities:BusShuttleService: Yes

Fee Information

  • Association Fee Includes: Sewer, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 34281.0
  • Parcel #: 273514111131
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 28447.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Nov 29, 2021
Sold by
Mullen Tiffany
Bought by
Blind 1212 Llc
Seller's Agent
Steven Shane
Compass Aspen
Buyer's Agent
Steven Shane
Compass Aspen
List Price
$12,000,000
Sold Price
$11,900,000
Premium/Discount to List
-$100,000
-0.83%
Current Estimated Value
$9,983,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,916,381
Avg. Annual Appreciation
-4.08%
Original Mortgage
$7,635,000
Outstanding Balance
$6,873,205
Interest Rate
2.4%
Mortgage Type
New Conventional
Estimated Equity
$3,110,414

Purchase Details

Closed on
Feb 27, 2008
Sold by
Mullen Michael L
Bought by
Mullen Tiffany

Purchase Details

Closed on
Feb 21, 2008
Sold by
Mullen Michel L
Bought by
Mullen Tiffany

Purchase Details

Closed on
Jul 2, 2007
Sold by
Terral W Timothy
Bought by
Mullen Michel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
6.19%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blind 1212 Llc $11,900,000 Land Title Guarantee Co
Mullen Tiffany -- None Available
Mullen Tiffany -- None Available
Mullen Michel L $7,325,000 Pct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blind 1212 Llc $7,635,000
Previous Owner Mullen Michel L $5,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $11,900,000 -0.8% $2,114 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $12,000,000 -- $2,132 / Sq Ft
Source: Aspen Glenwood MLS

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 $45,644 $1,001,320 $467,280 $534,040
2023 $43,262 $1,013,740 $473,080 $540,660
2022 $31,535 $608,760 $194,600 $414,160
2021 $30,999 $626,280 $200,200 $426,080
2020 $28,322 $534,260 $193,050 $341,210
2019 $28,322 $534,260 $193,050 $341,210
2018 $27,095 $537,990 $194,400 $343,590
2017 $23,793 $520,450 $187,200 $333,250
2016 $19,281 $381,050 $127,360 $253,690
2015 $18,921 $381,050 $127,360 $253,690
2014 $18,690 $362,610 $122,580 $240,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 172345

Aspen Glenwood MLS

APN: R016795

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