NOT LISTED FOR SALE

238 W Reds Rd Aspen, CO 81611

Estimated Value: $7,421,000 - $17,244,730

6 Beds
9 Baths
8,524 Sq Ft
$1,447/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $12,876,750 $1,511 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $68,895/month

315 Days on Market

Highlights

  • Spa
  • 1.02 Acre Lot
  • Main Floor Primary Bedroom
  • Aspen Middle School Rated A-
  • Green Building
  • Hydromassage or Jetted Bathtub

About This Home

As of October 2020

The perfect marriage of form and function at Aspen's most coveted location at the top of Red Mountain - West Reds Road, rarely available, the address that evokes legacy, lifestyle, and sanctuary. With views from Independence Pass to Mount Sopris, yet only five minutes to the Hotel Jerome, this estate is the ultimate destination. The journey stops here!

Last Agent to Sell the Property

Jonathan Feinberg

Christie's International Real Estate Aspen Snowmass Brokerage Phone: (970) 544-5800 License #IA.40036241 Listed on: 11/05/2019

Christie's International Real Estate Aspen Snowmass

Last Buyer's Agent

Bill Guth

Aspen International Properties License #ER100031715

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,829

Year Built

  • Built in 1995

Lot Details

  • 1.02 Acre Lot
  • South Facing Home
  • Southern Exposure
  • Landscaped
  • Sprinkler System
  • Property is in excellent condition

Parking

  • 3 Car Garage

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Wood Siding
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • 8,524 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • 5 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Home Security System
  • Property Views

Kitchen

  • Stove
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Water Rights Not Included
  • Satellite Dish

Additional Features

  • Green Building
  • Mineral Rights Excluded

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 273501401001

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,829

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.02
  • Inclusions: Dryer, Freezer, Refrigerator, Washer, Window Coverings, Stove Top, Satellite Dish, Range, Microwave, Dishwasher
  • Subdivision Name: Red Mountain
  • Directions: On Red Mountain. Turn left of West Reds Road. It is the 6th house on the left.
  • Architectural Style: Other
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1995
  • Tax Parcel Letter: R003374
  • Attribution Contact: (970) 544-5800
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: RES
  • 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
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 23829.2
  • Financing Info:Tax Year2: 2018
  • Extras:Hot TubSpa: Yes
  • 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
  • Condition:Excellent: Yes
  • Substructure:Slab: Yes
  • Water Rights:No3: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Extras:Elevator: Yes
  • Exterior:Stucco: Yes
  • Cooling:Central AC: Yes
  • Inclusions:Freezer: Yes
  • Inclusions:Stove Top: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Inclusions:Satellite Dish: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: Gas
  • Fireplaces: 5
  • Fireplace: Yes
  • Interior Amenities: Elevator
  • Living Area: 8524.0
  • Fireplace:Gas: Yes
  • Style Other: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Stucco, Stone
  • Foundation Details: Slab
  • Property Condition: Excellent
  • Construction:Stone: Yes

Garage/Parking

  • Keywords Info:Garage: 3 Car
  • General Info:Garage SqFt: 659.0

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Building Features: Yes
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Natural Gas, Forced Air
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Exposure Southern: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 44431.2
  • Parcel #: 273501401001
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 23829.2
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Oct 14, 2020
Sold by
Dell Steven J
Bought by
238 Aspen Llc
Seller's Agent
Jonathan Feinberg
Christie's International Real Estate Aspen Snowmass
Buyer's Agent
Bill Guth
Aspen International Properties
List Price
$16,995,000
Sold Price
$12,876,750
Premium/Discount to List
-$4,118,250
-24.23%
Total Days on Market
315
Current Estimated Value
$12,332,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$543,885
Avg. Annual Appreciation
-0.92%

Purchase Details

Closed on
Apr 6, 2017
Sold by
Dell Alexander
Bought by
Dell Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,091,891
Interest Rate
4.1%
Mortgage Type
New Conventional
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
238 Aspen Llc $12,876,750 Title Company Of The Rockies
Dell Steven J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dell Steven J $9,091,891
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $12,876,750 -24.2% $1,511 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
11/05/2019 11/05/19 For Sale $16,995,000 -- $1,994 / 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 $41,329 $1,436,820 $735,120 $701,700
2023 $41,329 $1,453,460 $743,630 $709,830
2022 $31,463 $993,850 $486,500 $507,350
2021 $31,381 $1,022,450 $500,500 $521,950
2020 $27,936 $908,050 $393,250 $514,800
2019 $27,936 $908,050 $393,250 $514,800
2018 $23,829 $914,400 $396,000 $518,400
2017 $20,699 $774,960 $396,000 $378,960
2016 $19,238 $706,080 $437,800 $268,280
2015 $19,118 $706,080 $437,800 $268,280
2014 $20,970 $756,340 $469,640 $286,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 161969

Aspen Glenwood MLS

APN: R003374