NOT LISTED FOR SALE

1940 Red Mountain Rd Aspen, CO 81611

Aspen Area

Estimated Value: $10,136,784

4 Beds
5.5 Baths
4,056 Sq Ft
$2,499/Sq Ft Est. Value

Sale Details

Date Sold: September 9, 2015

Last sale price $8,990,000 $2,216 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $58,418 / mo

85 Days on Market

Highlights

  • 0.7 Acre Lot
  • Furnished
  • Laundry Room

About This Home

As of September 2015

RED MOUNTAIN RANCH This property is situated on a premier location within Red Mountain Ranch, one of Aspen’s most sought-after residential neighborhoods. The south-facing home enjoys all-day sun and dead-on views of Aspen Mountain. More than 4000 square feet of heated living area, fabulous outdoor entertainment spaces and cascading lawns complement this amazing property.

Last Agent to Sell the Property

Wendy Wogan

Compass Aspen Brokerage Phone: (970) 925-8810 License #FA40021392 Listed on: 04/08/2015

Compass Aspen

Last Buyer's Agent

Lane Schiller

Aspen Core Realty

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,001

Year Built

  • Built in 1976

Lot Details

  • 30,474 Sq Ft Lot
  • Property is zoned SF

Home Design

  • Split Level Home
  • Frame Construction

Interior Spaces

  • 4,056 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • Property has a Home Owners Association
  • Red Mountain Ranch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273706303001

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,001

Year Built

Built in 1976

Lot Details

0.7 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.7
  • Subdivision Name: Red Mountain Ranch
  • Directions: Take Mill Street north to Red Mountain Road
  • Above Grade Finished Sq Ft: 4056.0
  • Architectural Style: Other, Split Level
  • Master Model: No
  • Year Built: 1976
  • Tax Parcel Letter: R0004031
  • Attribution Contact: (970) 925-8810
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: SF
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:ADU: No
  • General Info:Levels: 3.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 12001.32
  • Financing Info:Tax Year2: 2014
  • General Info:LvHtSqFt (Abv Grnd): 4056.0
  • Style:Split Level: Yes
  • Financing Info:HOA Dues YN: Yes
  • Listing Info In Foreclosure: No
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 4056.0
  • Style Other: Yes

Exterior Features

  • Construction Type: Frame
  • Construction:Frame: Yes

Garage/Parking

  • General Info:Garage SqFt: 525.0

Utilities

  • Laundry Features: Inside

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 30474.0
  • Parcel #: 273706303001
  • Zoning: SF
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12001.32
  • Tax Year: 2014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2015
Closed on
Sep 9, 2015
Sold by
Bought by
Seller's Agent
Wendy Wogan
Compass Aspen
Buyer's Agent
Lane Schiller
Aspen Core Realty
List Price
$9,995,000
Sold Price
$8,990,000
Premium/Discount to List
-$1,005,000
-10.06%
Current Estimated Value
$10,136,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,146,784
Avg. Annual Appreciation
1.11%
Original Mortgage
$7,192,000
Outstanding Balance
$2,473,768
Interest Rate
3.85%
Mortgage Type
Unknown
Estimated Equity
$7,663,016
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Aspen, CO

  • Stacey Kelly Real Estate Agent - Christie's International Real Estate Aspen Snowmass

    Stacey Kelly

    Christie's International Real Estate Aspen Snowmass

    (970) 404-4810

    64 Total Sales

    1 in Aspen

    $2,185,000 Price

    Stacey Kelly
     Section Image
  • Galen Bright Real Estate Agent - Setterfield & Bright

    Galen Bright

    Setterfield & Bright

    (970) 355-3268

    31 Total Sales

    27 in Aspen

    $625K - $33M Price Range

    Galen Bright
     Section Image
  • Strawberry Windholz Real Estate Agent - Corcoran Perry & Co.

    Strawberry Windholz

    Corcoran Perry & Co.

    (720) 419-1109

    73 Total Sales

    1 in Aspen

    $2,495,000 Price

    Strawberry Windholz
     Section Image
  • Susan Plummer Real Estate Agent - Christie's International Real Estate Aspen Snowmass

    Susan Plummer

    Responds Quickly

    Christie's International Real Estate Aspen Snowmass

    (970) 404-4670

    9 Total Sales

    8 in Aspen

    $2.9M - $22M Price Range

    Susan Plummer
     Section Image
  • Rachel Cossman Real Estate Agent - ENGEL & VOLKERS

    Rachel Cossman

    Responds Quickly

    ENGEL & VOLKERS

    (970) 238-3867

    10 Total Sales

    3 in Aspen

    $2.8M - $10.5M Price Range

    Rachel Cossman
     Section Image

  • TT

    The McLendon Team

    Responds Quickly

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 404-8334

    29 Total Sales

    12 in Aspen

    $45K - $22M Price Range

    The McLendon Team
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$8,990,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $7,192,000
Previous Owner $968,000
Previous Owner $1,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/09/2015 09/09/15 Sold $8,990,000 -10.1% $2,216 / Sq Ft
07/02/2015 07/02/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $9,995,000 -- $2,464 / Sq Ft
Source: Aspen Glenwood MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $33,714 $1,032,740 $812,500 $220,240
2024 $33,714 $1,064,840 $734,460 $330,380
2023 $30,629 $1,077,870 $743,450 $334,420
2022 $24,423 $771,450 $486,500 $284,950
2021 $24,359 $793,650 $500,500 $293,150
2020 $21,117 $686,400 $393,250 $293,150
2019 $21,117 $686,400 $393,250 $293,150
2018 $19,389 $720,860 $396,000 $324,860
2017 $16,843 $630,570 $396,000 $234,570
2016 $13,931 $511,320 $398,000 $113,320
2015 $13,845 $511,320 $398,000 $113,320
2014 $12,001 $432,870 $310,440 $122,430
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2015

    Wendy Wogan

    Compass Aspen

    (970) 948-8948

    15 Total Sales

    Wendy Wogan
    Section Image

  • L

    Buyer's Agent in 2015

    Lane Schiller

    Aspen Core Realty

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Map

Source: Aspen Glenwood MLS

MLS Number: 138429

Aspen Glenwood MLS

APN: R004031

Colorado Pitkin County Aspen 81611

1940 Red Mountain Rd, Aspen, CO

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Aspen Glenwood MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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