NOT LISTED FOR SALE

1993 Faraway Rd Snowmass Village, CO 81615

Estimated Value: $7,066,000 - $8,560,000

4 Beds
4.5 Baths
4,213 Sq Ft
$1,916/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $3,595,000 $853 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $44,465/month

218 Days on Market

Highlights

  • Ski Accessible
  • Spa
  • Reclaimed Wood Flooring
  • Aspen Middle School Rated A-
  • Green Building
  • Main Floor Primary Bedroom

About This Home

As of December 2019

An extraordinary, high-end mountain home reflecting comfort, quality and master craftsmanship at every turn. Numerous custom-designed details including handmade iron chandeliers and stair railings, stunning hammered copper range hood, and custom-milled woodwork throughout. Rich interiors feature distressed Old World beams with iron-jointed trusses, reclaimed wood flooring, 3 fireplaces, integrated plaster walls, generous amounts of stone and granite, and ''Lite Touch'' lighting control system . Great room, chef's kitchen and master suite all on main entry level. Gracious guest suites and a den/entertainment center, on their own level. All rooms open to the outdoors where you'll find a hot tub, fire pit, snow-melted decks, and your own aspen forest. Ski-in/out via the West Fork trail.

Last Agent to Sell the Property

BJ Adams

Compass SMV Brokerage Phone: 970-923-2111 License #EA.000171621 Listed on: 11/05/2019

Compass SMV

Last Buyer's Agent

Doug Leibinger

Compass Aspen License #FA40009481

Compass Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,275

Year Built

  • Built in 2000

Lot Details

  • 0.74 Acre Lot
  • Home has sun exposure from multiple directions
  • Southern Exposure
  • Lot Has A Rolling Slope
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned SF-30

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Shake Roof
  • Wood Siding
  • Stone Siding
  • Stone

Interior Spaces

  • 4,213 Sq Ft Home
  • 2-Story Property
  • Furnished
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Reclaimed Wood Flooring
  • Crawl Space
  • Home Security System
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Utilities

  • No Cooling
  • Radiant Heating System
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Green Building
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273301403030

Community Details

Overview

  • Association fees include sewer
  • Ridge Run Subdivision

Recreation

  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,275

Year Built

Built in 2000

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.74
  • Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Ridge Run
  • Directions: Brush Creek Road to Faraway Road - proceed aprx 2 miles. Turn right at Lower Faraway Loop and continue on around to Upper Faraway Loop. Driveway on your left. There is a stone pillar with 1993 on it, east of the driveway entrance.
  • Above Grade Finished Sq Ft: 4213.0
  • Architectural Style: Other, Two Story
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2000
  • Tax Parcel Letter: R001751
  • Attribution Contact: 970-923-2111
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: SF-30
  • 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: 2.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 14275.0
  • Financing Info:Tax Year2: 2018
  • Extras:Hot TubSpa: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: 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
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Substructure:Crawl Space: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 4213.0
  • Unit Faces:North: Yes
  • Unit Faces:South: Yes
  • Unit Faces:West: Yes
  • Style:Two Story: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Freezer: Yes
  • Home Performance Programs:Energy Star Rated: No
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Roof:Shake: Yes
  • Home Performance Programs:Indoor Air Plus: No
  • Extras:Indoor Jetted Tub: Yes
  • Sustainable Material:Reclaimed Flooring: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 90.0
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 4213.0
  • Fireplace:Gas: Yes
  • Style Other: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Stone Veneer, Stone, Frame
  • Property Condition: Excellent
  • Roof: Shake
  • Construction:Frame: Yes
  • Construction:Stone: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes
  • General Info:Garage SqFt: 590.0

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Pets Allowed/Renter
  • Association Fee: 90.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 90.0
  • Financing Info:Association Fee Frequency2: Annually
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Ski In Access: Yes
  • Location Amenities:Ski Out Access: Yes
  • Location Amenities:Rolling Topo: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 32234.0
  • Parcel #: 273301403030
  • Zoning: SF-30
  • ResoLotSizeUnits: Acres

Green Features

  • Green Sustainability: Reclaimed Flooring

Tax Info

  • Tax Annual Amount: 14275.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Dec 30, 2019
Sold by
John Paugh Irrevocable Trust
Bought by
Hatef And Elenice Behnia Living Trust
Seller's Agent
BJ Adams
Compass SMV
Buyer's Agent
Doug Leibinger
Compass Aspen
List Price
$4,395,000
Sold Price
$3,595,000
Premium/Discount to List
-$800,000
-18.2%
Current Estimated Value
$8,073,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,478,432
Avg. Annual Appreciation
14.91%
Original Mortgage
$2,000,000
Outstanding Balance
$1,758,428
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$6,315,004

Purchase Details

Closed on
Apr 7, 2011
Sold by
Gordon Michael and Gordon Nancy S
Bought by
John Paugh Irrevocable Trust

Purchase Details

Closed on
Mar 6, 2006
Sold by
Scorpio Development Co Llc
Bought by
Gordon Michael and Gordon Nancy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2003
Sold by
Gordon Michael and Gordon Nancy
Bought by
Scorpio Development Co Llc

Purchase Details

Closed on
May 13, 2003
Sold by
Scorpio Development Co
Bought by
Gordon Michael and Gordon Nancy

Purchase Details

Closed on
Mar 25, 2003
Sold by
Gordon Micheal and Gordon Nancy
Bought by
Scorpio Development Co Llc

Purchase Details

Closed on
Jan 23, 2003
Sold by
Scorpio Development Co Llc
Bought by
Gordon Michael and Gordon Nancy
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
Hatef And Elenice Behnia Living Trust $3,595,000 Stewart Title
John Paugh Irrevocable Trust $4,000,000 Land Title Guarantee Company
Gordon Michael -- Land Title Guarantee Company
Scorpio Development Co Llc -- --
Gordon Michael -- --
Scorpio Development Co Llc -- --
Gordon Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hatef And Elenice Behnia Living Trust $2,000,000
Previous Owner Gordon Michael $2,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2019 12/30/19 Sold $3,595,000 -18.2% $853 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $4,395,000 -- $1,043 / 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 $21,351 $475,480 $206,110 $269,370
2023 $21,351 $482,800 $209,720 $273,080
2022 $14,396 $282,770 $107,730 $175,040
2021 $14,638 $290,910 $110,830 $180,080
2020 $12,886 $253,770 $100,100 $153,670
2019 $12,886 $253,770 $100,100 $153,670
2018 $14,275 $255,550 $100,800 $154,750
2017 $13,610 $275,070 $86,400 $188,670
2016 $13,712 $277,880 $79,600 $198,280
2015 $12,295 $277,880 $79,600 $198,280
2014 $10,750 $240,550 $115,420 $125,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 158513

Aspen Glenwood MLS

APN: R001751