NOT LISTED FOR SALE

245 Conundrum Creek Rd Aspen, CO 81611

Estimated Value: $7,196,000 - $7,904,881

5 Beds
4 Baths
3,802 Sq Ft
$1,977/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $5,850,000 $1,539 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $40,398/month

1,107 Days on Market

Highlights

  • River Front
  • Green Building
  • Wetlands on Lot
  • Aspen Middle School Rated A-
  • Lake, Pond or Stream
  • 2 Fireplaces

About This Home

As of September 2014

Paradise found. Incredible privacy, with nearly 1/4-mi of Castle Creek frontage and a large, trout-stocked pond at the base of the Conundrum Valley. Only 5 miles to Aspen, yet a world away. Two parcels comprising nearly 8 acres. Entitlements and Activity Envelope in place for a 10,750 sq ft residence. There is a 2570 sq ft, 3-bdrm/3-bath existing log cabin on the larger parcel with tremendous character, a must see, plus a charming 1232 sq ft, 2-bdrm/1-bath A-frame chalet on the smaller parcel.

Last Agent to Sell the Property

BJ Adams

Aspen Snowmass Properties Listed on: 07/11/2011

Last Buyer's Agent

BJ Adams

Aspen Snowmass Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,236

Year Built

  • Built in 1981

Lot Details

  • 7.89 Acre Lot
  • River Front
  • Cul-De-Sac
  • Southeast Facing Home
  • Southern Exposure
  • Fenced
  • Fence is in average condition
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in average condition

Home Design

  • Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 3,802 Sq Ft Home
  • 2-Story Property
  • Furnished
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Window Treatments
  • Crawl Space
  • Property Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • No Garage

Outdoor Features

  • Wetlands on Lot
  • Lake, Pond or Stream
  • Patio
  • Storage Shed
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Propane
  • Water Rights Not Included
  • Well
  • Septic Tank
  • Septic System

Additional Features

  • Green Building
  • Mineral Rights Excluded

Community Details

  • No Home Owners Association
  • Conundrum Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 273535400006

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,236

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 7.89
  • Inclusions: Dryer, Refrigerator, Washer, Window Coverings
  • Subdivision Name: Conundrum
  • Directions: From Aspen follow Castle Creek Rd for slightly less than 5 miles. Take a right on Conundrum Road. Right at the bottom of hill after you cross Castle Creek. Follow the road to the end. Paradise found.
  • Above Grade Finished Sq Ft: 3802.0
  • Architectural Style: Two Story, Cabin
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1981
  • Tax Parcel Letter: R009021
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 9236.0
  • Financing Info:Tax Year2: 2013
  • Extras:PatioDeck: Yes
  • Water Rights:No3: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Substructure:Crawl Space: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 3802.0
  • Unit Faces:East: Yes
  • Unit Faces:South: Yes
  • Condition:Average: Yes
  • Style:Two Story: Yes
  • Sanitation:Septic: Yes
  • Home Performance Programs:Energy Star Rated: No
  • Roof:Metal: Yes
  • Home Performance Programs:Indoor Air Plus: No
  • Extras:Outbuildings: Yes
  • Extras:Storage Shed: Yes
  • Water:Well - Domestic: Yes
  • Exterior:Log Siding: Yes
  • Disclosures:Wetlands: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: More Than One, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 3802.0
  • Fireplace:More Than One: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cul-De-Sac
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Disclosures: Geological Hazard, Wetlands, Other
  • Construction Type: Log Siding, Log
  • Other Structures: Outbuilding
  • Property Condition: Average
  • Roof: Metal
  • Construction:Log: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: None
  • Parking Area:_two_ Car2: Yes

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Well
  • Heating:Natural Gas: Yes
  • Gas/Propane: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Cul-de-Sac: Yes
  • Location Amenities:River Frontage: Yes
  • Location Amenities:Borders Public Land: Yes
  • Location Amenities:Pond Stream Lake: Yes

Lot Info

  • Lot Size Sq Ft: 343688.0
  • Parcel #: 273535400006
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9236.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2021
Sold by
Westbank Development Llc
Bought by
Camp Conundrum Llc
Current Estimated Value
$7,514,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,013,750
Outstanding Balance
$3,581,656
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$3,933,304

Purchase Details

Listed on
Jul 11, 2011
Closed on
Sep 26, 2014
Sold by
Launer Dale
Bought by
Westbank Development Llc
Seller's Agent
BJ Adams
Aspen Snowmass Properties
Buyer's Agent
BJ Adams
Aspen Snowmass Properties
List Price
$8,499,000
Sold Price
$5,850,000
Premium/Discount to List
-$2,649,000
-31.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.29%
Original Mortgage
$3,990,000
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 26, 2004
Sold by
Western National Trust Co
Bought by
Launer Dale
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
Camp Conundrum Llc $6,175,000 Land Title
Westbank Development Llc $5,850,000 Title Company Of The Rockies
Launer Dale -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Camp Conundrum Llc $4,013,750
Previous Owner Westbank Development Llc $3,990,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2014 09/30/14 Sold $5,850,000 -31.2% $1,539 / Sq Ft
07/22/2014 07/22/14 Pending -- -- --
07/11/2011 07/11/11 For Sale $8,499,000 -- $2,235 / 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 $11,828 $411,720 $398,440 $13,280
2023 $11,828 $418,420 $404,920 $13,500
2022 $8,321 $263,260 $208,500 $54,760
2021 $8,298 $270,830 $214,500 $56,330
2020 $8,293 $270,080 $200,200 $69,880
2019 $8,293 $270,080 $200,200 $69,880
2018 $7,479 $271,970 $201,600 $70,370
2017 $6,494 $243,780 $180,000 $63,780
2016 $6,086 $223,980 $167,160 $56,820
2015 $6,048 $223,980 $167,160 $56,820
2014 $5,433 $196,880 $151,240 $45,640
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    BJ Adams

    Aspen Snowmass Properties

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Map

Source: Aspen Glenwood MLS

MLS Number: 121937

Aspen Glenwood MLS

APN: R009021

Colorado Pitkin County Aspen 81611

245 Conundrum Creek Rd, Aspen, CO

This home is located at 245 Conundrum Creek Rd, Aspen, CO 81611 since 11 July 2011 and is currently estimated at $7,514,960, approximately $1,976 per square foot. This property was built in 1981. 245 Conundrum Creek Rd is a home located in Pitkin County with nearby schools including Aspen Elementary School, Aspen Middle School, and Aspen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Aspen Glenwood MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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