$2,200,000
SOLD APR 12, 2018

198 Mountain Laurel Dr Aspen, CO 81611

0.6 Acre
$3,666,667 Price per Acre
26,136 Sq Ft Lot

Recently Sold

$847 Per Sq Ft

27% Below List Price

33 Days on Market

Highlights

  • 0.6 Acre Lot
  • Green Building
  • Fireplace
  • Aspen Middle School Rated A-
  • No HOA
  • Views

About This Lot

As of April 2018

EAST ASPEN DEVELOPMENT - DUPLEX SITE!

Full plans with engineering available.

County staff is making noise about needing a TDR to build a duplex over

5,750. Single family approved at 5,750. TDR needed for larger.

SPECTACULAR VIEWS FROM EVERY DECK, AND MAIN ROOMS OF HOME. TWO MASTER SUITES (one with large study/den) PLUS 2 JUNIOR SUITES (with family room);

LARGE LIVING, DINING, KITCHEN OPENS TO WRAP AROUND DECKS. Elevator. Approx. 4,200 sq feet per side plus 500+ square foot garage. Could be 3,500 square feet by not building third level. Great opportunity for the owner user!!


Building envelope is cleared of trees so you have real perspective.-may need

tree mitigation.


Plans attached in Documents.

Owner is licensed Colorado broker.


Older home at top of lot-current tenants pay

Last Agent to Sell the Property

Lorrie Winnerman

Compass Aspen Brokerage Phone: 970-925-6063 License #ER.272611 Listed on: 12/12/2017

Last Buyer's Agent

Andrew Ernemann

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA100028587

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,058

Lot Details

  • 0.6 Acre Lot
  • Unpaved Streets

Utilities

  • Gas Available
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Fireplace
  • Green Building
  • Mineral Rights Excluded
  • Property Views

Community Details

  • No Home Owners Association
  • Mountain Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273717307085

Property Details

Property Type

Land

Est. Annual Taxes

$4,058

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 0.6
  • Subdivision Name: Mountain Valley
  • Directions: East on Highway 82 to left on Lupine, bear left on West Lupine , right on Mountain Laurel to 198 on left.
  • Tax Parcel Letter: R006148
  • Attribution Contact: 970-925-6063
  • General Info:Zoning2: Res
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Financing Info:Taxes2: 4058.36
  • Financing Info:Tax Year2: 2016
  • Sanitation:Sewer: Yes
  • Extras:Cable TV: Yes
  • Mineral Rights:No2: Yes
  • Water Rights:None6: Yes
  • Gas:Available2: Yes
  • Access:Unpaved: Yes
  • Extras:Fireplace: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Exterior Features

  • Disclosures: Slr Licensed RE Agnt

Utilities

  • Building Features: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 26263.0
  • Parcel #: 273717307085
  • Zoning: Res
  • ResoLotSizeUnits: Acres
  • Lot Description View: Yes

Tax Info

  • Tax Annual Amount: 4058.36
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2017
Closed on
Apr 12, 2018
Sold by
168 Mt Laurel Llc
Bought by
Solcher Susan and Solcher Stephen
Seller's Agent
Lorrie Winnerman
Compass Aspen
Buyer's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$2,995,000
Sold Price
$2,200,000
Premium/Discount to List
-$795,000
-26.54%
Current Estimated Value
$8,929,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,729,718
Avg. Annual Appreciation
22.09%

Purchase Details

Listed on
Oct 16, 2012
Closed on
Jul 8, 2013
Sold by
Heather Traulinde R
Bought by
198 Mt Laurel Llc
Seller's Agent
Mark Pisani
ZG Real Estate
Buyer's Agent
Lorrie Winnerman
Lorrie B Aspen, Inc.
List Price
$1,650,000
Sold Price
$1,550,000
Premium/Discount to List
-$100,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $2,200,000 Pitkin County Title
Warranty Deed $1,550,000 Land Title Guarantee Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2018 04/12/18 Sold $2,200,000 -26.5% $847 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
09/05/2017 09/05/17 For Sale $2,995,000 +93.2% $1,153 / Sq Ft
07/08/2013 07/08/13 Sold $1,550,000 -6.1% $597 / Sq Ft
03/22/2013 03/22/13 Pending -- -- --
10/16/2012 10/16/12 For Sale $1,650,000 -- $635 / 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 $29,080 $1,001,320 $240,320 $761,000
2023 $29,080 $1,013,740 $243,540 $770,200
2022 $15,366 $479,880 $166,800 $313,080
2021 $11,067 $356,470 $171,600 $184,870
2020 $7,806 $250,670 $157,300 $93,370
2019 $4,868 $156,340 $143,000 $13,340
2018 $4,370 $157,440 $144,000 $13,440
2017 $3,799 $140,200 $118,800 $21,400
2016 $4,058 $146,850 $131,340 $15,510
2015 $4,033 $146,850 $131,340 $15,510
2014 $3,402 $120,920 $102,680 $18,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 150734

Aspen Glenwood MLS

APN: R006148