NOT LISTED FOR SALE

230 Lake Ave Aspen, CO 81611

Estimated Value: $5,688,000 - $23,986,760

6 Beds
6.5 Baths
5,361 Sq Ft
$2,768/Sq Ft Est. Value

Last Sold December 02, 2019

Last sale price $15,750,000 $2,938 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $82,115/month

49 Days on Market

Highlights

  • Green Building
  • Contemporary Architecture
  • Main Floor Primary Bedroom
  • Aspen Middle School Rated A-
  • Lake, Pond or Stream
  • 2 Fireplaces

About This Home

As of December 2019

The best available development opportunity, on the best street, in Aspen's picture perfect West End. This lot is perched on the Hallam Lake Bluff, with tremendous views of the Lake, Red Mountain, Aspen Mountain, and more. Over 12,000 square feet of lot area offers plenty of buildable area. Walk everywhere, bask in the tranquility of your backyard, and enjoy Triangle Park across the street.
The existing home is perfectly livable and can be fully used while a new home is being designed and approved.
Stage Fine Homes is available to build to suit for an interested end user.

Last Agent to Sell the Property

Bill Guth

Aspen International Properties Brokerage Phone: (970) 948-5566 License #ER100031715 Listed on: 06/20/2019

Last Buyer's Agent

Margaret Jandegian

Alpine Property Management License #IA.100026022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,639

Year Built

  • Built in 1980

Lot Details

  • 0.28 Acre Lot
  • South Facing Home
  • Fenced
  • Fence is in average condition
  • Landscaped with Trees
  • Property is in average condition
  • Property is zoned R-6

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Membrane Roofing
  • Wood Siding

Interior Spaces

  • 5,361 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Finished Basement
  • Crawl Space
  • Home Security System
  • Property Views

Kitchen

  • Oven
  • Stove
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Steam Shower

Laundry

  • Laundry Room
  • Washer

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Water Rights Not Included

Additional Features

  • Green Building
  • Lake, Pond or Stream
  • Mineral Rights Excluded

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 273512488001

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,639

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Inclusions: Freezer, Oven, Refrigerator, Washer, Stove Top, Dishwasher
  • Subdivision Name: None
  • Directions: Lake Avenue & N. Second St.
  • Architectural Style: Contemporary
  • Master Model: No
  • New Construction: No
  • Year Built: 1980
  • Tax Parcel Letter: R008701
  • Attribution Contact: (970) 948-5566
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-6
  • 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: 3.0
  • Financing Info:Taxes2: 29638.9
  • Financing Info:Tax Year2: 2018
  • Extras:Landscaping: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Exterior:Wood Siding: Yes
  • Roof:Membrane: Yes
  • Water Rights:No3: Yes
  • Miscellaneous:Under Construction3: No
  • Substructure:Crawl Space: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Washer: Yes
  • Unit Faces:South: Yes
  • Condition:Average: Yes
  • Substructure:Finished Basement: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Freezer: Yes
  • Home Performance Programs:Energy Star Rated: No
  • Inclusions:Stove Top: Yes
  • Extras:Steam Shower: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Finished, Crawl Space
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 5361.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Disclosures: Seller Lic RE Agent
  • Construction Type: Wood Siding, Frame
  • Property Condition: Average
  • Roof: Membrane
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Trees: Yes
  • Location Amenities:Borders Public Land: Yes
  • Location Amenities:Pond Stream Lake: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 12118.0
  • Parcel #: 273512488001
  • Zoning: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 29638.9
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2019
Closed on
Dec 2, 2019
Sold by
230 Aspen Llc
Bought by
230 Lake Llc
Seller's Agent
Bill Guth
Aspen International Properties
Buyer's Agent
Margaret Jandegian
Alpine Property Management
List Price
$17,995,000
Sold Price
$15,750,000
Premium/Discount to List
-$2,245,000
-12.48%
Current Estimated Value
$14,837,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$912,620
Avg. Annual Appreciation
-0.99%

Purchase Details

Listed on
Jan 17, 2018
Closed on
Nov 26, 2018
Sold by
Lloyd Eric Cotsen Trust
Bought by
230 Aspen Llc
Seller's Agent
Carrie Wells
CB, The Aspen Broker
Buyer's Agent
Bill Guth
Aspen International Properties
List Price
$14,950,000
Sold Price
$13,000,000
Premium/Discount to List
-$1,950,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.70%

Purchase Details

Closed on
Nov 16, 2017
Sold by
Cotsen Margit Sperling
Bought by
T L J Cotsen Living Trust

Purchase Details

Closed on
Apr 7, 1994
Bought by
Cotsen Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
230 Lake Llc $15,750,000 Stewart Title
230 Aspen Llc $13,000,000 Stewart Title
T L J Cotsen Living Trust -- None Available
T L J Cotsen Living Trust -- None Available
Cotsen Trust $2,650,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2019 12/02/19 Sold $15,750,000 -12.5% $2,938 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $17,995,000 +38.4% $3,357 / Sq Ft
11/26/2018 11/26/18 Sold $13,000,000 -13.0% $2,488 / Sq Ft View Prior Sale
07/09/2018 07/09/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $14,950,000 -- $2,861 / 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 $48,812 $1,484,780 $868,840 $615,940
2023 $48,812 $1,501,890 $878,850 $623,040
2022 $34,504 $941,130 $590,750 $350,380
2021 $34,355 $968,210 $607,750 $360,460
2020 $30,445 $852,150 $550,550 $301,600
2019 $30,445 $852,150 $550,550 $301,600
2018 $29,639 $858,110 $554,400 $303,710
2017 $26,152 $822,230 $540,000 $282,230
2016 $21,230 $653,770 $382,080 $271,690
2015 $20,956 $653,770 $382,080 $271,690
2014 $14,845 $442,590 $310,440 $132,150
Source: Public Records

Agents Affiliated with this Home

  • Bill Guth

    Seller's Agent in 2019

    Bill Guth

    Aspen International Properties

    (970) 925-7528

    6 in this area

    6 Total Sales

    Bill Guth
    Section Image

  • M

    Buyer's Agent in 2019

    Margaret Jandegian

    Alpine Property Management

    (970) 948-6509

    2 in this area

    11 Total Sales

    Margaret Jandegian
    Section Image

  • C

    Seller's Agent in 2018

    Carrie Wells

    CB, The Aspen Broker

See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 159985

Aspen Glenwood MLS

APN: R008701

Colorado Pitkin County Aspen 81611

230 Lake Ave, Aspen, CO

Not Listed for Sale

Detached

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