NOT LISTED FOR SALE

234 Mountain Laurel Dr Aspen, CO 81611

Estimated Value: $6,053,000 - $7,599,000

4 Beds
3 Baths
2,555 Sq Ft
$2,610/Sq Ft Est. Value

Last Sold November 08, 2018

Last sale price $2,450,000 $959 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $35,714/month

484 Days on Market

Highlights

  • Green Building
  • Main Floor Primary Bedroom
  • Interior Lot
  • Aspen Middle School Rated A-
  • 2 Fireplaces
  • Views

About This Home

As of November 2018

This is one of the premier south facing lots in Mountain Valley with the potential to add approximately 2600 additional sqft. Or, build a brand new house with 4468 allowable above grade FAR and a total gross sqft of 5750, (and, potentially more with the purchase of a TDR). The 4-bedroom single family home has been impeccably maintained and includes a separate office, open and bright living room, 2-car garage, and landscaped yard with sprinkler system. The large outdoor deck is perfect for entertaining and has expansive views of Aspen Mountain and Independence Pass. The property is in the Aspen School District and is ready for move in for the upcoming school year. Dial-a-ride allows for easy access to and from town. Also easy to walk or bike to town on the trail system. No transfer tax

Last Agent to Sell the Property

Amy Doherty

Douglas Elliman Real Estate-Durant Brokerage Phone: (970) 925-8810 License #ER100008175 Listed on: 05/11/2017

Douglas Elliman Real Estate-Durant

Last Buyer's Agent

James Cardamone

Coldwell Banker Mason Morse-Aspen License #EA.340351

Coldwell Banker Mason Morse-Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,448

Year Built

  • Built in 1969

Lot Details

  • 0.51 Acre Lot
  • South Facing Home
  • Southern Exposure
  • Interior Lot
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in good condition
  • Property is zoned R15A

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,555 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Window Treatments
  • Home Security System
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Green Building
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273717307084

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include sewer
  • Mountain Valley Subdivision

Amenities

  • Courtesy Bus

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,448

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Inclusions: Dryer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Mountain Valley
  • Directions: From Main Street, turn left onto East CO 82/East Cooper. Turn left onto West Lupine Drive, then right onto Mountain Laurel Drive. House is on the left.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1969
  • Tax Parcel Letter: R006158
  • Attribution Contact: (970) 925-8810
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R15A
  • General Info:Main Floor Master: Yes
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 4447.64
  • Financing Info:Tax Year2: 2017
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Substructure:Slab: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Condition:Good: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Unit Faces:South: Yes
  • Style:Two Story: Yes
  • Roof:Metal: Yes
  • Extras:Storage Shed: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2555.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Interior Lot, Landscaped
  • Disclosures: Excluded Buyer
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Slab
  • Property Condition: Good
  • Roof: Metal
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car
  • General Info:Garage SqFt: 588.0

Utilities

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

Condo/Co-op/Association

  • Amenities: Bus/ShuttleService
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Interior Lot: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • HOA Amenities:BusShuttleService: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 22356.0
  • Parcel #: 273717307084
  • Zoning: R15A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4447.64
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2017
Closed on
Nov 7, 2018
Sold by
Dowley Carmen F and Dowley James F
Bought by
Smith Oliver and Smith Aimee D
Seller's Agent
Amy Doherty
Douglas Elliman Real Estate-Durant
Buyer's Agent
James Cardamone
Coldwell Banker Mason Morse-Aspen
List Price
$3,200,000
Sold Price
$2,450,000
Premium/Discount to List
-$750,000
-23.44%
Current Estimated Value
$6,668,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,218,152
Avg. Annual Appreciation
15.17%
Original Mortgage
$1,837,500
Outstanding Balance
$1,592,563
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,075,589

Purchase Details

Closed on
Jan 18, 2011
Sold by
Dowley Carmen F
Bought by
Dowley Carmen F and Dowley James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$658,877
Interest Rate
4.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2006
Sold by
Dowley James F
Bought by
Dowley Carmen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.23%
Mortgage Type
New Conventional
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
Smith Oliver $245,000 Land Title Guarantee Co
Dowley Carmen F -- Chicago Title
Dowley Carmen F -- None Available
Dowley James F $1,200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Oliver $1,837,500
Previous Owner Dowley Carmen F $658,877
Previous Owner Dowley James F $700,000
Previous Owner Dowley Carmen F $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2018 11/08/18 Sold $2,450,000 -23.4% $959 / Sq Ft
09/08/2018 09/08/18 Pending -- -- --
05/11/2017 05/11/17 For Sale $3,200,000 -- $1,252 / 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 $8,909 $306,770 $238,340 $68,430
2023 $8,909 $312,460 $242,750 $69,710
2022 $6,157 $192,290 $166,800 $25,490
2021 $6,141 $197,820 $171,600 $26,220
2020 $5,622 $180,530 $157,300 $23,230
2019 $5,622 $180,530 $157,300 $23,230
2018 $5,115 $181,790 $158,400 $23,390
2017 $4,448 $164,120 $136,800 $27,320
2016 $3,513 $127,110 $119,400 $7,710
2015 $3,491 $127,110 $119,400 $7,710
2014 $4,110 $146,070 $139,300 $6,770
Source: Public Records

Agents Affiliated with this Home

  • Amy Doherty

    Seller's Agent in 2018

    Amy Doherty

    Douglas Elliman Real Estate-Durant

    (970) 930-5733

    5 in this area

    8 Total Sales

    Amy Doherty
    Section Image

  • J

    Buyer's Agent in 2018

    James Cardamone

    Coldwell Banker Mason Morse-Aspen

    (970) 948-2832

    2 in this area

    72 Total Sales

    James Cardamone
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 148875

Aspen Glenwood MLS

APN: R006158

Colorado Pitkin County Aspen 81611

234 Mountain Laurel Dr, Aspen, CO

Not Listed for Sale

Detached

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