NOT LISTED FOR SALE

2307 Faraway Rd Snowmass Village, CO 81615

Estimated Value: $4,064,306 - $6,288,000

2 Beds
2 Baths
2,444 Sq Ft
$2,185/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $2,100,000 $859 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $29,337/month

21 Days on Market

Highlights

  • Green Building
  • 2 Fireplaces
  • Laundry Room
  • Aspen Middle School Rated A-
  • Patio
  • Landscaped with Trees

About This Home

As of September 2020

Exceptional opportunity to own a very well maintained single family home in Snowmass Village! Move into the existing 2 bedroom + den home and plan for the future with the opportunity to build up to F.A.R. of 4,500 square feet by right + 450 square feet available for purchase.


Upper Ridge Run area is known for its views, wildlife and tranquility. Tom Blake Trail and ski access to Two Creeks are just around the corner. This wonderful community is one of the secret gems of Snowmass Village.

Last Agent to Sell the Property

Stacey Kelly

Douglas Elliman Real Estate-SMV Brokerage Phone: (970) 923-4700 License #FA100006708 Listed on: 07/10/2020

Douglas Elliman Real Estate-SMV

Co-Listed By

The Rulon Kelly Team

Douglas Elliman Real Estate-SMV Brokerage Phone: (970) 923-4700

Last Buyer's Agent

Roshni Slali

Coldwell Banker Mason Morse-Willits License #100041285

Coldwell Banker Mason Morse-Willits

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,959

Year Built

  • Built in 1989

Lot Details

  • 0.86 Acre Lot
  • Southern Exposure
  • North Facing Home
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is in good condition
  • Property is zoned SF-30

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

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

Interior Spaces

  • 2,444 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • 2 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Crawl Space

Kitchen

  • Oven
  • Stove
  • Microwave
  • ENERGY STAR Qualified Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Low Flow Toliet

Laundry

  • Laundry Room
  • ENERGY STAR Qualified Dryer
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Green Building
  • Patio
  • Mineral Rights Excluded

Community Details

  • Association fees include sewer
  • Ridge Run Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273301403090

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,959

Year Built

Built in 1989

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.86
  • Co List Office Mls Id: DougEll-SMV
  • Co List Office Phone: 970-923-4700
  • Inclusions: Dryer, Energy Star Dishwash, Oven, Refrigerator, Washer, Window Coverings, Stove Top, Microwave, Energy Star Dryer
  • Subdivision Name: Ridge Run
  • Directions: Brush Creek Road to Faraway, Go up almost 2 miles and turn on Lower Loop Faraway. 2nd house on left.
  • Architectural Style: Two Story
  • Master Model: No
  • New Construction: No
  • Year Built: 1989
  • Tax Parcel Letter: R002587
  • Attribution Contact: (970) 923-4700
  • Location Info:Furnished: Partial
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: SF-30
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 3.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 6959.0
  • Financing Info:Tax Year2: 2019
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Miscellaneous:Under Construction3: No
  • 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
  • Unit Faces:North: Yes
  • Style:Two Story: Yes
  • Inclusions:Oven: Yes
  • Water Efficiency:Low Flow Toilets: Yes
  • Home Performance Programs:Energy Star Rated: No
  • Inclusions:Stove Top: Yes
  • Home Performance Programs:Indoor Air Plus: No
  • Inclusions:Energy Star Dishwash: Yes
  • Inclusions:Energy Star Dryer: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 90.0
  • Listing Info In Foreclosure: No
  • Special Features: VirtualTour

Interior Features

  • Furnished: Partially
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2444.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Disclosures: Seller Lic RE Agent
  • Construction Type: Wood Siding, Stone Veneer, Stone, Frame
  • Property Condition: Good
  • Roof: Composition
  • Construction:Frame: Yes
  • Construction:Stone: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Info:Garage SqFt: 561.0
  • Parking Area Total Parking: 2.0

Utilities

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

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Pets Allowed/Renter
  • Association Fee: 90.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 90.0
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Gentle Topo: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 37462.0
  • Parcel #: 273301403090
  • Zoning: SF-30
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Low Flow Toilets

Tax Info

  • Tax Annual Amount: 6959.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Sep 21, 2020
Sold by
Rulon Gregory L and Rulon Patricia S
Bought by
Reed S Lewis Trust
Seller's Agent
Stacey Kelly
Douglas Elliman Real Estate-SMV
Buyer's Agent
Roshni Slali
Coldwell Banker Mason Morse-Willits
List Price
$2,125,000
Sold Price
$2,100,000
Premium/Discount to List
-$25,000
-1.18%
Current Estimated Value
$5,339,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,239,827
Avg. Annual Appreciation
20.21%
Original Mortgage
$1,575,000
Outstanding Balance
$1,397,708
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$3,942,119

Purchase Details

Closed on
Jan 25, 1990
Bought by
Rulon Gregory and Rulon Patricia
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
Reed S Lewis Trust $2,100,000 Land Title Guarantee Co
Rulon Gregory -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed S Lewis Trust $1,575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $2,100,000 -1.2% $859 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $2,125,000 -- $869 / 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 $13,223 $294,470 $205,130 $89,340
2023 $13,223 $300,040 $209,010 $91,030
2022 $7,431 $145,960 $107,730 $38,230
2021 $7,556 $150,160 $110,830 $39,330
2020 $7,322 $144,190 $100,100 $44,090
2019 $6,959 $144,190 $100,100 $44,090
2018 $6,933 $145,200 $100,800 $44,400
2017 $6,610 $140,800 $86,400 $54,400
2016 $6,778 $137,370 $79,600 $57,770
2015 $6,078 $137,370 $79,600 $57,770
2014 $6,796 $152,080 $115,420 $36,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 165236

Aspen Glenwood MLS

APN: R002587