NOT LISTED FOR SALE

250 Draw Dr Aspen, CO 81611

Estimated Value: $6,503,000 - $9,792,141

5 Beds
4.5 Baths
3,940 Sq Ft
$2,031/Sq Ft Est. Value

Last Sold February 07, 2022

Last sale price $9,500,000 $2,411 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $42,862/month

147 Days on Market

Highlights

  • Spa
  • 0.7 Acre Lot
  • 2 Fireplaces
  • Aspen Middle School Rated A-
  • Green Building
  • Furnished

About This Home

As of February 2022

Unique opportunity on Red Mountain! Premier Aspen location with stunning views from top of Ajax to Mt. Sopris. This 70's style modern family home is in excellent condition and is move-in ready yet offers a prime remodel opportunity. This south facing, gently sloping lot combines a flat backyard with views from all three levels of the home making for outdoor enjoyment with the mountain range and slopes as a backdrop. A Zoning Analysis can be found in Documents.

Last Agent to Sell the Property

Susan Lodge

Aspen Snowmass International R Brokerage Phone: (970) 925-6060 License #FA100033108 Listed on: 08/18/2021

Aspen Snowmass International R

Last Buyer's Agent

Chris Flynn

The Agency Aspen License #ER.40014021

The Agency Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,633

Year Built

  • Built in 1976

Lot Details

  • 0.7 Acre Lot
  • South Facing Home
  • Southern Exposure
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned R-30

HOA Fees

  • $112 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Metal Roof
  • Stucco Exterior

Interior Spaces

  • 3,940 Sq Ft Home
  • 3-Story Property
  • Furnished
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Window Treatments
  • Walk-Out Basement
  • Home Security System
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Green Building
  • Mineral Rights Excluded

Community Details

  • Association fees include sewer
  • Ridge Of Red Mountain Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273501404010

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,633

Year Built

Built in 1976

Lot Details

0

HOA Fees

$112 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.7
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Ridge of Red Mountain
  • Directions: From Main Street head north on N Mill to Red Mountain Rd. Left onto Draw Drive. Home is on left.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1976
  • Tax Parcel Letter: R003625
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-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
  • Listing Info:Foreclosure: No
  • General Info:Levels: 3.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 11632.6
  • Financing Info:Tax Year2: 2020
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Exterior:Stucco: Yes
  • General Info:Unit Faces: South
  • Style:Two Story: Yes
  • Substructure:Walkout: Yes
  • Inclusions:Oven: Yes
  • Roof:Metal: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Gas:None3: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 1343.0
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 3940.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Stucco, Frame
  • Direction Faces: South
  • Property Condition: Excellent
  • Roof: Metal
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes
  • General Info:Garage SqFt: 656.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1343.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 1343.0
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 30350.0
  • Parcel #: 273501404010
  • Zoning: R-30
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11632.6
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Feb 7, 2022
Sold by
Weiss Eric C
Bought by
250 Draw Drive Llc
Seller's Agent
Susan Lodge
Aspen Snowmass International R
Buyer's Agent
Chris Flynn
The Agency Aspen
List Price
$9,800,000
Sold Price
$9,500,000
Premium/Discount to List
-$300,000
-3.06%
Current Estimated Value
$8,001,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,498,620
Avg. Annual Appreciation
-4.29%
Original Mortgage
$4,120,000
Outstanding Balance
$3,539,004
Interest Rate
2.77%
Estimated Equity
$4,462,376

Purchase Details

Closed on
Feb 18, 2011
Sold by
Weiss Jeffrey W
Bought by
Weiss James L and Weiss Eric C

Purchase Details

Closed on
Feb 1, 2011
Sold by
Weiss Marion W
Bought by
Weiss James L and Weiss Eric C
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
250 Draw Drive Llc $9,500,000 Land Title
Weiss James L -- None Available
Weiss James L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 250 Draw Drive Llc $4,120,000
Closed 250 Draw Drive Llc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2022 02/07/22 Sold $9,500,000 -3.1% $2,411 / Sq Ft
01/13/2022 01/13/22 Pending -- -- --
08/18/2021 08/18/21 For Sale $9,800,000 -- $2,487 / 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 $15,903 $552,870 $379,370 $173,500
2023 $15,903 $827,280 $385,130 $442,150
2022 $14,156 $447,150 $291,900 $155,250
2021 $14,119 $460,020 $300,300 $159,720
2020 $11,570 $376,070 $235,950 $140,120
2019 $11,570 $376,070 $235,950 $140,120
2018 $10,445 $378,700 $237,600 $141,100
2017 $9,073 $339,700 $223,200 $116,500
2016 $7,431 $272,750 $199,000 $73,750
2015 $7,385 $272,750 $199,000 $73,750
2014 $7,693 $277,480 $214,920 $62,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 171632

Aspen Glenwood MLS

APN: R003625