NOT LISTED FOR SALE

219 Cottonwood Ln Unit 219 Aspen, CO 81611

Estimated Value: $1,574,000 - $2,531,000

2 Beds
2 Baths
1,152 Sq Ft
$1,661/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $1,385,000 $1,202 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $10,981/month

88 Days on Market

Highlights

  • Laundry Room
  • Baseboard Heating
  • Southwest Facing Home
  • Aspen Middle School Rated A-
  • Wood Siding
  • 5-minute walk to Smugglers Mountain

About This Home

As of February 2023

Welcome to the best value in Aspen! Centrally located right around the corner from Smuggler Road and a short walk to town and the free local bus route, this 2 bedroom, 2 bathroom property is your opportunity to get into the Aspen Market! This home is situated perfectly for both summer and winter activities, with a short walk or bike ride to trails, parks and skiing/snowboarding, not to mention featuring incredible views of Aspen Mountain. Recent upgrades include: a new fence including an EV charging station and exterior paint on home and deck! Smuggler Park is designated as Resident Occupied (RO) by the Pitkin County Housing Authority. The purchaser must agree as a condition of the sale that they will personally occupy the property as their primary residence (6 months per year)

Last Agent to Sell the Property

Hank Carter

Aspen Snowmass International R Brokerage Phone: (970) 925-6060 License #FA100078083 Listed on: 09/16/2022

Last Buyer's Agent

Layne Shea

Douglas Elliman Real Estate-Hyman Ave License #FA.100004067

Douglas Elliman Real Estate-Hyman Ave

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,019

Year Built

  • Built in 1980

Lot Details

  • 2,857 Sq Ft Lot
  • Southwest Facing Home
  • Property is in good condition

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating

Community Details

  • Association fees include sewer
  • Smuggler Park Subdivision, Hud Floorplan

Listing and Financial Details

  • HUD Owned
  • Assessor Parcel Number 273707490219

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,019

Year Built

Built in 1980

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Subdivision Name: Smuggler Park
  • Directions: Take Gibson to South St, turn onto Cottonwood Lane, 219 Cottonwood Lane will be on your left.
  • Architectural Style: Other
  • Master Model: HUD
  • New Construction: No
  • Year Built: 1980
  • Tax Parcel Letter: R016964
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: HUD
  • 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:ADU: No
  • General Info:Levels: 1.0
  • General Info:Short Termable: No
  • Financing Info:Taxes2: 2019.23
  • Financing Info:Tax Year2: 2021
  • Sanitation:Sewer: Yes
  • Exterior:Wood Siding: Yes
  • Condition:Good: Yes
  • Roof:Composition Shingles: Yes
  • Cooling:None: Yes
  • General Info:Unit Faces: Southwest
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 4200.0
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1152.0
  • Style Other: Yes

Exterior Features

  • Construction Type: Wood Siding
  • Direction Faces: Southwest
  • Property Condition: Good
  • Roof: Composition

Garage/Parking

  • Keywords Info:Garage: None

Utilities

  • Laundry Features: Inside
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, Baseboard
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association Fee: 4200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 4200.0
  • Financing Info:Association Fee Frequency2: Annually

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 2857.0
  • Parcel #: 273707490219
  • Zoning: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2019.23
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Feb 24, 2023
Sold by
Emack Bailey Anderson
Bought by
Chamberlin Catherine and Strugatskiy Alex
Seller's Agent
Hank Carter
Aspen Snowmass International R
Buyer's Agent
Layne Shea
Douglas Elliman Real Estate-Hyman Ave
List Price
$1,550,000
Sold Price
$1,385,000
Premium/Discount to List
-$165,000
-10.65%
Views
95
Current Estimated Value
$1,913,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,822
Avg. Annual Appreciation
19.34%
Original Mortgage
$1,108,000
Outstanding Balance
$1,080,414
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$1,063,215

Purchase Details

Listed on
Jan 7, 2018
Closed on
Oct 9, 2018
Sold by
Johnson Luke and Johnson Natalie
Bought by
Calhoun Bailey
Seller's Agent
Laura Gee
Aspen Snowmass Sotheby's International Realty-Basalt
Buyer's Agent
non- member
Non-Member Office
List Price
$950,000
Sold Price
$750,000
Premium/Discount to List
-$200,000
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.00%
Original Mortgage
$30,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2015
Sold by
Mayer Natalie P
Bought by
Johnson Natalie Patricia

Purchase Details

Closed on
Oct 20, 2014
Sold by
Mayer Natalie P
Bought by
Mayer Natalie P and Johnson Luke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2007
Sold by
Ledingham Larry
Bought by
Mayer Natalie P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2001
Sold by
Galicinao Virginia
Bought by
Ledingham Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2001
Sold by
Winagle Dorothy Y
Bought by
Ledingham Larry and Galicinao Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2001
Sold by
Winagle James L
Bought by
Winagle Dorothy Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2001
Sold by
Winagle Jeffrey T
Bought by
Winagle Dorothy Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
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
Chamberlin Catherine $1,385,000 Attorneys Title Agency
Calhoun Bailey $750,000 Land Title Guarantee
Johnson Natalie Patricia -- Land Title Guarantee Company
Mayer Natalie P -- Land Title Guarantee Company
Mayer Natalie P $620,000 Title Company Of Rockies Inc
Ledingham Larry -- --
Ledingham Larry $400,000 --
Winagle Dorothy Y -- --
Winagle Dorothy Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chamberlin Catherine $1,108,000
Previous Owner Calhoun Bailey $585,000
Previous Owner Calhoun Bailey $30,000
Previous Owner Calhoun Bailey $600,000
Previous Owner Mayer Natalie P $385,000
Previous Owner Mayer Natalie P $408,622
Previous Owner Mayer Natalie P $417,000
Previous Owner Ledingham Larry $125,500
Previous Owner Ledingham Larry $125,000
Previous Owner Ledingham Larry $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $1,385,000 -4.5% $1,202 / Sq Ft
10/05/2022 10/05/22 Price Changed $1,450,000 -6.5% $1,259 / Sq Ft
09/16/2022 09/16/22 For Sale $1,550,000 +106.7% $1,345 / Sq Ft
10/09/2018 10/09/18 Sold $750,000 -21.1% $651 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
01/07/2018 01/07/18 For Sale $950,000 -- $825 / 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 $2,431 $73,960 $51,050 $22,910
2023 $2,431 $77,390 $53,420 $23,970
2022 $2,028 $55,320 $43,440 $11,880
2021 $2,019 $56,910 $44,690 $12,220
2020 $1,528 $42,780 $33,610 $9,170
2019 $1,528 $42,780 $33,610 $9,170
2018 $1,447 $43,080 $33,840 $9,240
2017 $1,276 $40,130 $32,400 $7,730
2016 $1,396 $42,980 $35,820 $7,160
2015 $1,378 $42,980 $35,820 $7,160
2014 $1,414 $42,170 $35,820 $6,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 176881

Aspen Glenwood MLS

APN: R016964