NOT LISTED FOR SALE

200 W Reds Rd Aspen, CO 81611

Estimated Value: $8,127,000

6 Beds
6.5 Baths
6,428 Sq Ft
$1,264/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $11,000,000 $1,711 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $45,318/month

54 Days on Market

Highlights

  • Spa
  • 1.06 Acre Lot
  • 2 Fireplaces
  • Aspen Middle School Rated A-
  • Main Floor Primary Bedroom
  • Furnished

About This Home

As of July 2021

Red Mountain's premier view property. Enjoy stunning panoramics of Aspen Mountain, Highlands, Buttermilk, Mt. Sopris, and Independence Pass. This ranch style home is sited on a private one-acre lot with a grand approach. Great outdoor decks. Soaring ceilings, and generous living space.

Last Agent to Sell the Property

Steven Shane

Compass Aspen Brokerage Phone: 970-925-6063 License #ER040002675 Listed on: 03/17/2021

Compass Aspen

Last Buyer's Agent

Steven Shane

Shane Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,315

Year Built

  • Built in 1990

Lot Details

  • 1.06 Acre Lot
  • Southern Exposure
  • Landscaped with Trees
  • Property is in good condition

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Shake Roof
  • Stone Siding

Interior Spaces

  • 6,428 Sq Ft Home
  • 2-Story Property
  • Furnished
  • 2 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Walk-Out Basement
  • Home Security System
  • Property Views

Kitchen

  • Oven
  • Stove
  • Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Location

  • Mineral Rights Excluded

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Red Mountain Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273706309002

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,315

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.06
  • Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Water Softener, Stove Top, Range, Dishwasher
  • Subdivision Name: Red Mountain
  • Directions: Drive up Red Mountain Rd. Continue on to W Reds Rd. House is on the left.
  • Architectural Style: Two Story
  • Master Model: No
  • New Construction: No
  • Year Built: 1990
  • Tax Parcel Letter: R011864
  • Attribution Contact: 970-925-6063
  • Location Info:Furnished: Yes
  • 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: 2.0
  • Financing Info:Taxes2: 19314.8
  • Financing Info:Tax Year2: 2020
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Exterior:Stone Siding: Yes
  • Inclusions:Range: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Condition:Good: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Inclusions:Water Softener: Yes
  • Style:Two Story: Yes
  • Substructure:Walkout: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Freezer: Yes
  • Inclusions:Stove Top: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Roof:Shake: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 6428.0
  • Fireplace:Gas: Yes

Exterior Features

  • Construction Type: Stone Veneer, Frame
  • Property Condition: Good
  • Roof: Shake
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Extreme Topo: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 46144.0
  • Parcel #: 273706309002
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 19314.8
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2025
Sold by
Presutti Timothy M and Presutti Courtney E
Bought by
200 W Reds Llc
Current Estimated Value
$8,127,000

Purchase Details

Listed on
Mar 17, 2021
Closed on
Jul 1, 2021
Sold by
Odd Couple West Llc
Bought by
Presutti Timothy M and Presutti Courtney E
Seller's Agent
Steven Shane
Compass Aspen
Buyer's Agent
Steven Shane
Compass Aspen
List Price
$15,000,000
Sold Price
$11,000,000
Premium/Discount to List
-$4,000,000
-26.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.83%
Original Mortgage
$500,000
Interest Rate
3%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Feb 15, 2012
Closed on
Mar 29, 2012
Sold by
West Reds Property Llc
Bought by
Odd Couple West Llc
Seller's Agent
Steven Shane
Shane Aspen
Buyer's Agent
Steven Shane
Shane Aspen
List Price
$7,950,000
Sold Price
$7,250,000
Premium/Discount to List
-$700,000
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%

Purchase Details

Closed on
Nov 6, 2008
Sold by
Zuckerman Mortimer B
Bought by
West Reds Property Llc
Source: Public Records

Range of Values:

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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
200 W Reds Llc -- None Listed On Document
Presutti Timothy M $1,100,000 Land Title Guarantee
Odd Couple West Llc $7,250,000 None Available
West Reds Property Llc $9,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Presutti Timothy M $5,000,000
Previous Owner Presutti Timothy M $1,200,000
Previous Owner Presutti Timothy M $500,000
Previous Owner Presutti Timothy M $6,600,000
Previous Owner West Reds Property Llc $5,400,000
Previous Owner Zuckerman Mortimer B $5,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $11,000,000 -26.7% $1,711 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $15,000,000 +106.9% $2,334 / Sq Ft
03/29/2012 03/29/12 Sold $7,250,000 -8.8% $1,128 / Sq Ft
02/23/2012 02/23/12 Pending -- -- --
02/15/2012 02/15/12 For Sale $7,950,000 -- $1,237 / 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 $28,802 $1,001,320 $734,300 $267,020
2023 $28,802 $1,013,740 $744,150 $269,590
2022 $23,035 $727,620 $486,500 $241,120
2021 $22,563 $735,140 $500,500 $234,640
2020 $19,211 $624,430 $393,250 $231,180
2019 $19,211 $624,430 $393,250 $231,180
2018 $17,397 $628,800 $396,000 $232,800
2017 $15,112 $565,780 $396,000 $169,780
2016 $15,215 $558,440 $437,800 $120,640
2015 $15,120 $558,440 $437,800 $120,640
2014 $15,547 $560,740 $429,840 $130,900
Source: Public Records

Agents Affiliated with this Home

  • Steven Shane

    Seller's Agent in 2021

    Steven Shane

    Compass Aspen

    (970) 925-6063

    84 in this area

    133 Total Sales

    Steven Shane
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Map

Source: Aspen Glenwood MLS

MLS Number: 169104

Aspen Glenwood MLS

APN: R011864

Colorado Pitkin County Aspen 81611

200 W Reds Rd, Aspen, CO

This home is located at 200 W Reds Rd, Aspen, CO 81611 since 17 March 2021 and is currently estimated at $8,127,000, approximately $1,264 per square foot. This property was built in 1990. 200 W Reds Rd is a home located in Pitkin County with nearby schools including Aspen Elementary School, Aspen Middle School, and Aspen High School.

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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