NOT LISTED FOR SALE

220 Draw Dr Aspen, CO 81611

Estimated Value: $7,506,000 - $8,353,000

5 Beds
4.5 Baths
4,620 Sq Ft
$1,742/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $8,007,500 $1,733 Per Sq Ft

Current estimated payment $43,803/month

195 Days on Market

Highlights

  • Spa
  • 0.69 Acre Lot
  • Maid or Guest Quarters
  • Aspen Middle School Rated A-
  • Green Building
  • Hydromassage or Jetted Bathtub

About This Home

As of September 2023

This home can be a wonderful remodel or a new house on a great lot. It is an extraordinary Red Mountain Lot that includes wooded hillside with Aspens & Oak & mountain views that are South & West. Located on the lower part of Red Mountain it is a quick & easy drive into Aspen. This home could be remodeled or totally rebuilt to 8,657 square feet by either going through Growth Management or buying a TDR's. The main home currently has 3 bedrooms, 3.5 bathrooms & an office, which was the original master bedroom which could be a 4th bedroom. There is also a free-standing Caretaker House with a kitchen, bath, & large studio space for bedroom/ living area. Outside there are two large decks, one with a hot tub, & two-car garage.If you have been looking for a home site or home under $8.8 Million on RED MOUNTAIN, here it is.


The sale is subject to a rental in the main house through September 19, 2023 and subject to a rental in the guest house that has a 60 day move out clause. If you have been looking for a home site or home under $8.8 Million on RED MOUNTAIN, here it is.

The sale is subject to a rental in the main house through September 19, 2023 and subject to a rental in the guest house that has a 60 day move out clause.

Last Agent to Sell the Property

Heidi Houston

Compass Aspen Brokerage Phone: 970-925-6063 License #EA.000224621 Listed on: 12/10/2022

Compass Aspen

Last Buyer's Agent

Whitney McLaughlin

The Agency Aspen License #FA.100100242

The Agency Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,295

Year Built

  • Built in 1990

Lot Details

  • 0.69 Acre Lot
  • South Facing Home
  • Southern Exposure
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is in good condition

HOA Fees

  • $112 Monthly HOA Fees

Home Design

  • Brick or Stone Mason
  • Frame Construction
  • Stone Siding

Interior Spaces

  • 4,620 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Home Security System
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Carport

Outdoor Features

  • Spa
  • Storage Shed

Additional Features

  • Green Building
  • Accessory Dwelling Unit (ADU)
  • Radiant Heating System

Community Details

  • Association fees include sewer, ground maintenance
  • Ridge Of Red Mountain Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 273501404012

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,295

Year Built

Built in 1990

Lot Details

0

HOA Fees

$112 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.69
  • Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Ridge of Red Mountain
  • Directions: Take Red Mountain Road to Draw Drive turn right, and 220 Draw Drive is located on the left-hand side of the street.
  • Above Grade Finished Sq Ft: 468.0
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1990
  • Tax Parcel Letter: R003862
  • Attribution Contact: 970-925-6063
  • Location Info:Furnished: Partial
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: residential
  • General Info:Main Floor Master: No
  • 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: Yes
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 14294.8
  • Financing Info:Tax Year2: 2022
  • Extras:GuestCaretaker Qtrs: Yes
  • Extras:Landscaping: Yes
  • Extras:Security System: Yes
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Inclusions:Range: Yes
  • Electric:Yes: Public
  • Condition:Good: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 468.0
  • General Info:Unit Faces: South
  • Style:Two Story: Yes
  • Carport:_two_ Car: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Freezer: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Extras:Storage Shed: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 1343.0
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 4620.0
  • Fireplace:Gas: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Stone, Frame
  • Direction Faces: South
  • Property Condition: Good
  • 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: 500.0

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Building Features: Yes
  • Heating: Radiant
  • Heating Yn: Yes
  • Electric: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association Fee: 1343.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 1343.0
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Borders Public Land: Yes

Fee Information

  • Association Fee Includes: Sewer, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 30056.0
  • Parcel #: 273501404012
  • Zoning: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14294.8
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2022
Closed on
Sep 25, 2023
Sold by
Rosenstein Arthur
Bought by
Morgan Family 2018 Trust and Morgan
Seller's Agent
Heidi Houston
Compass Aspen
Buyer's Agent
Whitney McLaughlin
The Agency Aspen
List Price
$8,995,000
Sold Price
$8,007,500
Premium/Discount to List
-$987,500
-10.98%
Views
380
Current Estimated Value
$8,046,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,381
Avg. Annual Appreciation
0.29%
Original Mortgage
$5,000,000
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 1989
Bought by
Rosenstein Arthur
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
Morgan Family 2018 Trust $8,007,500 Title Company Of The Rockies
Rosenstein Arthur $695,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Family 2018 Trust $1,000,000
Open Morgan Family 2018 Trust $5,073,000
Closed Morgan Family 2018 Trust $5,000,000
Previous Owner Rosenstein Arthur $4,625,000
Previous Owner Rosenstein Arthur $670,056
Previous Owner Rosenstein Arthur $1,119,000
Previous Owner Rosenstein Arthur $1,115,000
Previous Owner Rosenstein Arthur $1,100,000
Previous Owner Rosenstein Arthur $190,000
Previous Owner Rosenstein Arthur $987,500
Previous Owner Rosenstein Arthur $980,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2023 09/25/23 Sold $8,007,500 -9.0% $1,733 / Sq Ft
02/27/2023 02/27/23 Price Changed $8,795,000 -2.2% $1,904 / Sq Ft
12/10/2022 12/10/22 For Sale $8,995,000 -- $1,947 / 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 $14,348 $498,820 $379,100 $119,720
2023 $14,348 $506,360 $384,830 $121,530
2022 $14,332 $459,670 $291,900 $167,770
2021 $14,295 $472,900 $300,300 $172,600
2020 $10,998 $357,500 $235,950 $121,550
2019 $10,779 $357,500 $235,950 $121,550
2018 $10,516 $407,710 $237,600 $170,110
2017 $9,135 $385,390 $223,200 $162,190
2016 $7,999 $301,550 $199,000 $102,550
2015 $7,949 $301,550 $199,000 $102,550
2014 $8,148 $301,860 $214,920 $86,940
Source: Public Records

Agents Affiliated with this Home

  • Heidi Houston

    Seller's Agent in 2023

    Heidi Houston

    Compass Aspen

    (970) 404-1404

    10 in this area

    29 Total Sales

    Heidi Houston
    Section Image

  • W

    Buyer's Agent in 2023

    Whitney McLaughlin

    The Agency Aspen

    (415) 699-8047

    4 in this area

    12 Total Sales

    Whitney McLaughlin
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 177654

Aspen Glenwood MLS

APN: R003862

Colorado Pitkin County Aspen 81611

220 Draw Dr, Aspen, CO

This home is located at 220 Draw Dr, Aspen, CO 81611 since 10 December 2022 and is currently estimated at $8,046,881, approximately $1,741 per square foot. This property was built in 1990. 220 Draw Dr 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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