$2,167,500
SOLD AUG 19, 2024

229 Faraway Rd Unit 32 Snowmass Village, CO 81615

2 Beds
2 Baths
1,418 Sq Ft
$1,284/mo HOA Fee

Recently Sold

$1,529 Per Sq Ft

9% Below List Price

18 Days on Market

Highlights

  • Spa
  • Ski Lockers
  • Patio
  • Aspen Middle School Rated A-
  • Views
  • Resident Manager or Management On Site

About This Home

As of August 2024

Come home to a mountain lifestyle condo with unmatched views that is conveniently positioned within Snowmass. This oversized residence offers breathtaking views of iconic Mt. Daly and is located in one of Snowmass Village's most desirable neighborhoods. Ridge #32 is a spacious two-bedroom, two-bathroom corner unit with high ceilings and turnkey finishes. There is reserved covered parking, indirect ski access via the Ridge Ski Trail and a convenient shuttle ride to the base of Snowmass Mountain. Take advantage of two nearby hot tubs and year-round heated pool. The Ridge offers exceptional on-site management, with beautifully maintained grounds in all seasons. Ridge #32 is an ideal rental asset and mountain retreat! Very easy to show. Call today to arrange a tour of the property.

Last Agent to Sell the Property

Matthew Tate

Coldwell Banker Mason Morse-SMV Brokerage Phone: (970) 923-7700 License #ER100017017 Listed on: 06/21/2024

Coldwell Banker Mason Morse-SMV

Last Buyer's Agent

Andrew Albee

Slifer Smith & Frampton RFV License #FA.100070912

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,384

Year Built

  • Built in 1985

Lot Details

  • West Facing Home
  • Sprinkler System
  • Landscaped with Trees
  • Property is in good condition

HOA Fees

  • $1,284 Monthly HOA Fees

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • 1,418 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Window Treatments
  • Crawl Space
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Carport
  • No Garage
  • Common or Shared Parking
  • Assigned Parking

Outdoor Features

  • Spa
  • Patio

Location

  • Mineral Rights Excluded

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 273301175032
  • Seller Concessions Not Offered

Community Details

Overview

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

Recreation

  • Ski Lockers
  • Snow Removal

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,384

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,284 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Ridge
  • Directions: Brush Creek road to Faraway Road. Left at Faraway Road. Left at The Ridge Sign on corner of Ridge and Faraway Road. Drive through the parking area and around the cul-de-sac to the reserved covered parking area for Ridge #32. Go down the stairs, walk right on the sidewalk until you reach the Residence.
  • Carport Y N: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1985
  • Tax Parcel Letter: R011919
  • Attribution Contact: (970) 923-7700
  • 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: 1.0
  • Financing Info:Taxes2: 5384.2
  • Financing Info:Tax Year2: 2024
  • Extras:Hot TubSpa: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Listing Info:New Construction: No
  • Sanitation:Sewer: 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
  • HOA Fees Includes:Management: Yes
  • Condition:Good: Yes
  • Substructure:Crawl Space: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Cable TV2: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Sewer2: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • HOA Fees Includes:Water: Yes
  • Exterior:Stucco: Yes
  • General Info:Unit Faces: West
  • Water:Community: Yes
  • Inclusions:Oven: Yes
  • HOA Fees Includes:Internet: Yes
  • Carport:_one_ Car: Yes
  • Carport:Assigned: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 15406.0
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1418.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Stone Veneer, Stucco, Frame
  • Direction Faces: West
  • Property Condition: Good
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Common
  • Keywords Info:Garage: None
  • Parking Area:Common2: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: Management, Locker Ski Storage
  • Association Fee: 15406.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 15406.0
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Trees: Yes
  • HOA Amenities:Locker Ski Storage: Yes
  • HOA Amenities:Management2: Yes

Fee Information

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

Lot Info

  • Parcel #: 273301175032
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 5384.2
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Aug 19, 2024
Sold by
Pitkin County
Bought by
Fox Kristin and Lisbakken Benjamin
Seller's Agent
Matthew Tate
Coldwell Banker Mason Morse-SMV
Buyer's Agent
Andrew Albee
Slifer Smith & Frampton RFV
List Price
$2,395,000
Sold Price
$2,167,500
Premium/Discount to List
-$227,500
-9.5%
Views
4
Current Estimated Value
$2,655,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,241
Avg. Annual Appreciation
14.21%
Original Mortgage
$800,000
Outstanding Balance
$793,646
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$1,671,979

Purchase Details

Listed on
Mar 21, 2012
Closed on
Oct 7, 2014
Sold by
Goodman Raymi C and White William P
Bought by
Morphew Lewis Patricia A and Lewis John R
Seller's Agent
Raymi Goodman
Aspen Real Estate Company
Buyer's Agent
Becky Dombrowski
Aspen Snowmass Sotheby's International Realty-Snowmass Village
List Price
$995,000
Sold Price
$800,000
Premium/Discount to List
-$195,000
-19.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%

Purchase Details

Closed on
Apr 12, 2007
Sold by
Hoy Robert
Bought by
Goodman Raymi C and White William P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2006
Sold by
Dewitt Troy C
Bought by
Hoy Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2005
Sold by
579 Summit Avenue Llc
Bought by
Dewitt Troy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2005
Sold by
Mandell Ralph B and Mandell Bonnie S
Bought by
579 Summit Avenue Llc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $21,675 None Listed On Document
Special Warranty Deed $2,167,500 Land Title Guarantee
Special Warranty Deed $800,000 Attorneys Title Agency
Special Warranty Deed $1,100,000 Pct
Special Warranty Deed $765,000 Stewart Title Of Colorado In
Special Warranty Deed -- --
Special Warranty Deed $600,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 New Conventional
Previous Owner $800,000 Purchase Money Mortgage
Previous Owner $600,000 Unknown
Previous Owner $600,000 Purchase Money Mortgage
Previous Owner $480,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2024 08/19/24 Sold $2,167,500 -9.5% $1,529 / Sq Ft
06/21/2024 06/21/24 For Sale $2,395,000 +199.4% $1,689 / Sq Ft
10/07/2014 10/07/14 Sold $800,000 -19.6% $564 / Sq Ft
08/19/2014 08/19/14 Pending -- -- --
03/21/2012 03/21/12 For Sale $995,000 -- $702 / 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 $5,824 $129,690 $0 $129,690
2023 $5,824 $133,660 $0 $133,660
2022 $3,669 $72,060 $0 $72,060
2021 $3,730 $74,130 $0 $74,130
2020 $3,342 $65,820 $0 $65,820
2019 $3,342 $65,820 $0 $65,820
2018 $3,300 $66,280 $0 $66,280
2017 $3,146 $63,580 $0 $63,580
2016 $3,050 $61,820 $0 $61,820
2015 $2,735 $61,820 $0 $61,820
2014 $2,608 $58,360 $0 $58,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 184272

Aspen Glenwood MLS

APN: R011919