NOT LISTED FOR SALE

203 Roaring Fork Dr Aspen, CO 81611

Estimated Value: $5,206,000 - $7,489,000

0.37 Acre
$17,309,192 Price per Acre
16,117 Sq Ft Lot

Last Sold December 07, 2022

Last sale price $5,350,000

Est. 20% increase in value since last sale

Current estimated payment $36,473/month

70 Days on Market

Highlights

  • New Construction
  • Green Building
  • Views
  • Aspen Middle School Rated A-
  • No HOA
  • Lot Has A Rolling Slope

About This Lot

As of December 2022

Rare opportunity to build immediately on this ''Shovel Ready'' fabulous Knollwood property with captivating views towards
Independence Pass. Seller is in possession of a 5/22 issued City of Aspen building permit to build a Rowland + Broughton
designed 4.200 sq. ft. new residence. Home design includes central air, solar features, radiant heat, extensive glass on the front
& back side of the living room which fully opens to an inviting double sided indoor/outdoor living space, elevator, snow melt zones and much more. Up to 4,000 sq. ft. additional subgrade space allowed per the zoning (permit change required). Convenient, private & quiet locale. Just a 2 min. drive or 10 min. walk to downtown Aspen. Enjoy the East Aspen Trail, paddle boarding, hiking, biking, and skiing Independence.

Last Agent to Sell the Property

Carol Hood Peterson

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 License #EA329031 Listed on: 06/15/2022

Last Buyer's Agent

Carrie Wells

CB, The Aspen Broker

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $32,217

Lot Details

  • 0.37 Acre Lot
  • Lot Has A Rolling Slope
  • Property is zoned R-15B

Home Design

  • New Construction

Utilities

  • Gas Available
  • Water Rights Not Included

Additional Features

  • Green Building
  • Mineral Rights Excluded
  • Property Views

Community Details

  • No Home Owners Association
  • Knollwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273718122007

Property Details

Property Type

Land

Est. Annual Taxes

$32,217

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 0.37
  • Subdivision Name: Knollwood
  • Directions: Travel east on Hwy 82 from City Market and turn left on Roaring Fork Dr. As you are heading up the hill, drive past Eastwood Dr. and take a left on Roaring Fork Drive. Property (staked lot w/ older fencing) on the right to the east of 205 Roaring Fork Dr. home.
  • New Construction: Yes
  • Tax Parcel Letter: R004249
  • Attribution Contact: (970) 925-7000
  • General Info:Zoning2: R-15B
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Financing Info:Taxes2: 32216.56
  • Financing Info:Tax Year2: 2021
  • Listing Info:New Construction: Yes
  • Sanitation:Sewer: Yes
  • Electric:Yes: Public
  • Mineral Rights:No2: Yes
  • Lot Description:Rolling: Yes
  • Water Rights:None6: Yes
  • General Info:ADU Allowed: No
  • Gas:Available2: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: NewHome

Utilities

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

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 16310.0
  • Parcel #: 273718122007
  • Zoning: R-15B
  • ResoLotSizeUnits: Acres
  • Lot Description View: Yes

Tax Info

  • Tax Annual Amount: 32216.56
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Dec 7, 2022
Sold by
Knollwood Lot 5 Llc
Bought by
203 Roaring Fork Llc
Seller's Agent
Carol Hood Peterson
Coldwell Banker Mason Morse-Aspen
Buyer's Agent
Carrie Wells
CB, The Aspen Broker
List Price
$7,750,000
Sold Price
$5,350,000
Premium/Discount to List
-$2,400,000
-30.97%
Views
15
Current Estimated Value
$6,404,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,054,401
Avg. Annual Appreciation
5.95%

Purchase Details

Closed on
Jun 18, 2007
Sold by
Pardee James Lee and Pardee Laurie V
Bought by
Knollwood Lot 5 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2007
Sold by
Hewey Gerald G and Hewey Rosalyn L
Bought by
Pardee James Lee and Pardee Laurie V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
203 Roaring Fork Llc $5,350,000 Land Title
Knollwood Lot 5 Llc $3,700,000 Pct
Pardee James Lee $3,000,000 Pct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pardee James Lee $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2022 12/07/22 Sold $5,350,000 -31.0% --
06/15/2022 06/15/22 For Sale $7,750,000 -- --
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 $39,774 $1,199,700 $1,199,700 $0
2023 $39,774 $1,199,700 $1,199,700 $0
2022 $33,285 $899,000 $899,000 $0
2021 $32,217 $899,000 $899,000 $0
2020 $6,969 $193,050 $193,050 $0
2019 $6,969 $193,050 $193,050 $0
2018 $6,827 $194,400 $194,400 $0
2017 $6,027 $187,200 $187,200 $0
2016 $5,755 $175,120 $175,120 $0
2015 $5,682 $175,120 $175,120 $0
2014 $5,946 $175,120 $175,120 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Carol Hood Peterson

    Coldwell Banker Mason Morse-Aspen

  • C

    Buyer's Agent in 2022

    Carrie Wells

    CB, The Aspen Broker

See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 175519

Aspen Glenwood MLS

APN: R004249

Colorado Pitkin County Aspen 81611

203 Roaring Fork Dr, Aspen, CO

Not Listed for Sale

Lots

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