NOT LISTED FOR SALE

229 Faraway Rd Unit 31 Snowmass Village, CO 81615

Estimated Value: $2,493,000 - $3,598,000

3 Beds
3 Baths
2,159 Sq Ft
$1,454/mo HOA Fee

Last Sold February 04, 2020

Last sale price $1,100,000 $509 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $18,749/month

36 Days on Market

Highlights

  • Corner Lot
  • Furnished
  • Patio
  • Aspen Middle School Rated A-
  • Views
  • Resident Manager or Management On Site

About This Home

As of February 2020

More PHOTOS coming soon.


The Ridge has been a very hot neighborhood this summer and fall. Ridge #31 offers a buyer the opportunity to purchase a large corner unit condo at an incredible price point that will allow for an amazing remodel. Or, it could be perfect as is for a family that wants the Aspen school district. Either way, have a look! There is a lot of value being offered at this price.

Last Agent to Sell the Property

Matthew Tate

Coldwell Banker Mason Morse-SMV Brokerage Phone: (970) 923-7700 License #ER100017017 Listed on: 10/07/2019

Coldwell Banker Mason Morse-SMV

Last Buyer's Agent

Matthew Tate

Boone & Co., Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,024

Year Built

  • Built in 1985

Lot Details

  • Home has sun exposure from multiple directions
  • Fence is in average condition
  • Landscaped
  • Sprinkler System
  • Property is in good condition

HOA Fees

  • $1,454 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,159 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Crawl Space
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Common or Shared Parking
  • Assigned Parking

Utilities

  • No Cooling
  • Baseboard Heating
  • Water Rights Not Included
  • Septic Tank
  • Septic System
  • Internet Available
  • Cable TV Available

Additional Features

  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273301175031

Community Details

Overview

  • Association fees include contingency fund, water, trash, snow removal, sewer, ground maintenance, cable TV, internet
  • Ridge Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,024

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,454 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Range, Microwave, Dishwasher
  • Subdivision Name: Ridge
  • Directions: Headed into Snowmass Village on Brush Creek Road, Turn Left on Faraway Road, Left at the Ridge. Drive to the end of the Cul de Sac. Reserved covered parking for #31. Take the staircase down to #31. Corner unit.
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1985
  • Tax Parcel Letter: R011918
  • Attribution Contact: (970) 923-7700
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: No
  • 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: 5023.64
  • Financing Info:Tax Year2: 2018
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Laundry Facility:Area4: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Condition:Good: Yes
  • Substructure:Crawl Space: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • HOA Fees Includes:Cable TV2: Yes
  • HOA Fees Includes:Sewer2: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • HOA Fees Includes:Water: Yes
  • Unit Faces:North: Yes
  • Unit Faces:East: Yes
  • Unit Faces:West: Yes
  • Exterior:Stucco: Yes
  • Condition:Average: Yes
  • Style:Two Story: Yes
  • Sanitation:Septic: Yes
  • Inclusions:Oven: Yes
  • Roof:Shake: Yes
  • HOA Fees Includes:Internet: Yes
  • Carport:Assigned: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 17447.2
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2159.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Corner Lot, Landscaped
  • Construction Type: Wood Siding, Stone Veneer, Stucco, Frame
  • Property Condition: Average, Good
  • Roof: Shake
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Common
  • Keywords Info:Garage: Assigned
  • Parking Area:Common2: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee: 17447.2
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 17447.2
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Corner Lot: Yes
  • HOA Amenities:Management2: Yes

Fee Information

  • Association Fee Includes: Contingency Fund, Water, Trash, Snow Removal, Sewer, Maintenance Grounds, Cable TV, Internet

Lot Info

  • Parcel #: 273301175031
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 5023.64
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Feb 4, 2020
Sold by
Amended Markell Broooks 192 and Amended Restated T
Bought by
Hinck John D and Hinck Elizabeth C
Seller's Agent
Matthew Tate
Coldwell Banker Mason Morse-SMV
Buyer's Agent
Matthew Tate
Coldwell Banker Mason Morse-SMV
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Current Estimated Value
$3,075,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,975,068
Avg. Annual Appreciation
19.95%
Original Mortgage
$750,000
Outstanding Balance
$658,955
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$2,376,000

Purchase Details

Closed on
Sep 12, 2000
Bought by
Brooks Markell Trust
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
Hinck John D $1,100,000 Title Company Of The Rockies
Brooks Markell Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hinck John D $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2020 02/04/20 Sold $1,100,000 -8.3% $509 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $1,200,000 -- $556 / 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 $8,042 $179,080 $0 $179,080
2023 $8,042 $183,530 $0 $183,530
2022 $5,586 $109,710 $0 $109,710
2021 $5,679 $112,860 $0 $112,860
2020 $5,089 $100,210 $0 $100,210
2019 $5,089 $100,210 $0 $100,210
2018 $5,024 $100,910 $0 $100,910
2017 $4,789 $96,800 $0 $96,800
2016 $4,644 $94,120 $0 $94,120
2015 $4,165 $94,120 $0 $94,120
2014 $3,972 $88,870 $0 $88,870
Source: Public Records

Agents Affiliated with this Home

  • Matthew Tate

    Seller's Agent in 2020

    Matthew Tate

    Coldwell Banker Mason Morse-SMV

    (970) 923-9614

    52 in this area

    71 Total Sales

    Matthew Tate
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Map

Source: Aspen Glenwood MLS

MLS Number: 161623

Aspen Glenwood MLS

APN: R011918

Colorado Pitkin County Snowmass Village 81615

229 Faraway Rd Unit 31, Snowmass Village, CO

This home is located at 229 Faraway Rd Unit 31, Snowmass Village, CO 81615 since 07 October 2019 and is currently estimated at $3,075,068, approximately $1,424 per square foot. This property was built in 1985. 229 Faraway Rd Unit 31 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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