NOT LISTED FOR SALE

244 Ridge Rd Aspen, CO 81611

Estimated Value: $5,171,000

6 Beds
7.5 Baths
7,538 Sq Ft
$686/Sq Ft Est. Value

Sale Details

Date Sold: October 7, 2020

Last sale price $7,425,000 $985 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $33,154 / mo

207 Days on Market

Highlights

  • Spa
  • Sauna
  • Green Building
  • Aspen Middle School Rated A-
  • 1.27 Acre Lot
  • Hydromassage or Jetted Bathtub

About This Home

As of October 2020

Designed by renowned Latvian-born architect Gunnar Birkerts, the dramatic angular living areas, accompanied by expansive glass revealing even more dramatic views, create a ridge top residence that transcends the definition of modern mountain architecture. With spaces designed for comfort and functionality, whether an open and inviting great room with custom furniture, an ordered and efficient kitchen, inviting media room or generous master with en suite office and his & her baths, every room fulfills its purpose. The blending of hardwood floors, custom carpets and indigenous river rock create a home of warm finishes and inviting spaces while the scale of the upper level areas allow floor to ceiling windows opposite generous walls to focusattention on art and furnishings. The intimate bedroom suites and more private areas of the home contrast nicely to create a relaxed yet refined living experience. attention on art and furnishings. The intimate bedroom suites and more private areas of the home contrast nicely to create a relaxed yet refined living experience.

Last Agent to Sell the Property

Craig Morris

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA40009691 Listed on: 07/13/2020

Co-Listed By

Lucy Nichols

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA944395

Last Buyer's Agent

Kendall Dalton

Douglas Elliman Real Estate-Durant License #FA.100081110

Douglas Elliman Real Estate-Durant

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,338

Year Built

  • Built in 1978

Lot Details

  • 1.27 Acre Lot
  • South Facing Home
  • Southern Exposure
  • Corner Lot
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is in excellent condition

HOA Fees

  • $144 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 7,538 Sq Ft Home
  • 4-Story Property
  • Elevator
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Sauna
  • Home Security System
  • Property Views
  • Finished Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Green Building

Outdoor Features

  • Spa
  • Patio

Utilities

  • Air Conditioning
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 273501404025

Community Details

Overview

  • Association fees include management, sewer, insurance, snow removal, ground maintenance
  • Ridge Of Red Mountain Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,338

Year Built

Built in 1978

Lot Details

1.27 Acres

HOA Fees

$144 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.27
  • Co List Office Mls Id: ASSHMA
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Ridge of Red Mountain
  • Directions: Red Mountain Road to Ridge Road. Bear left on Ridge Road and the house is on the left.
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1978
  • Tax Parcel Letter: R003246
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: No
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 4.0
  • Financing Info:Taxes2: 18338.08
  • Financing Info:Tax Year2: 2020
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Laundry Facility:Area4: Yes
  • 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
  • Condition:Excellent: Yes
  • Roof:Membrane: Yes
  • HOA Fees Includes:Management: Yes
  • Roof:Composition Shingles: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • Extras:Sauna: Yes
  • Extras:Elevator: Yes
  • Unit Faces:South: Yes
  • Substructure:Finished Basement: Yes
  • Inclusions:Oven: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Cooling:AC: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 1727.0
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Finished
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 4
  • Fireplace: Yes
  • Interior Amenities: Elevator
  • Living Area: 7538.0
  • Fireplace:Gas: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Corner Lot, Landscaped
  • Construction Type: Wood Siding, Stone Veneer, Frame
  • Property Condition: Excellent
  • Roof: Other, Composition, Membrane
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car
  • General Info:Garage SqFt: 908.0

Utilities

  • Security: Security System
  • Building Features: Yes
  • Cooling: A/C
  • Cooling Y N: Yes
  • Heating: Radiant
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association Fee: 1727.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 1727.0
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Corner Lot: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Management, Sewer, Insurance, Snow Removal, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 55145.0
  • Parcel #: 273501404025
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 18338.08
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Oct 5, 2020
Sold by
Kaufman Sylvia C
Bought by
Aspen Ridge Llc
Seller's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Kendall Dalton
Douglas Elliman Real Estate-Durant
List Price
$9,995,000
Sold Price
$7,425,000
Premium/Discount to List
-$2,570,000
-25.71%
Current Estimated Value
$5,171,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,254,000
Avg. Annual Appreciation
-6.27%
Original Mortgage
$5,197,500
Outstanding Balance
$4,570,338
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$600,662

Purchase Details

Closed on
Mar 1, 1989
Bought by
Kaufman Richard and Kaufman Sylvia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Aspen Ridge Llc $7,425,000 Attorneys Ttl Ins Agcy Of As
Kaufman Richard $2,200,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Aspen Ridge Llc $5,197,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2020 10/07/20 Sold $7,425,000 -25.7% $985 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $9,995,000 -- $1,326 / Sq Ft
Source: Aspen Glenwood MLS

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
2025 $65,187 $1,996,830 $687,500 $1,309,330
2024 $65,187 $699,390 $429,890 $269,500
2023 $20,117 $626,810 $435,640 $191,170
2022 $16,942 $535,150 $298,850 $236,300
2021 $16,897 $550,550 $307,450 $243,100
2020 $18,338 $596,070 $286,000 $310,070
2019 $18,338 $596,070 $286,000 $310,070
2018 $16,362 $600,240 $288,000 $312,240
2017 $14,213 $532,120 $252,000 $280,120
2016 $13,080 $480,070 $278,600 $201,470
2015 $12,998 $480,070 $278,600 $201,470
2014 $13,144 $474,100 $278,600 $195,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 162826

Aspen Glenwood MLS

APN: R003246

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