NOT LISTED FOR SALE

255 Exhibition Ln Aspen, CO 81611

Estimated Value: $7,788,000 - $17,823,476

1.04 Acres
$12,313,210 Price per Acre
45,302 Sq Ft Lot

Last Sold June 17, 2014

Last sale price $1,950,000

Est. 557% increase in value since last sale

Current estimated payment $74,898/month

Highlights

  • 1.04 Acre Lot
  • Green Building
  • Views
  • Aspen Middle School Rated A-
  • Wooded Lot
  • Resident Manager or Management On Site

About This Lot

As of June 2014

Beautiful one acre building site overlooking the Maroon Creek and bordering National Forest, with abundant trees, gorgeous views, & privacy. Enjoy skiing, fine dining, & the world class amenities of the adjacent Ritz-Carlton Club, including use of the pool, spa, & fitness center, & complimentary taxi service to & from downtown Aspen & the airport. Ski-in access from Exhibition Lane. Build up to 9,000 square feet (5000 above grade, 4000 below grade). Plans are available. Viewing platform on the property.

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: 06/17/2014

Co-Listed By

Michael Perau

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA.40020953

Last Buyer's Agent

Chris Klug

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA100025125

Property Details

Property Type

  • Land

Lot Details

  • 1.04 Acre Lot
  • Wooded Lot

Utilities

  • Gas Available
  • Water Rights Not Included

Additional Features

  • Green Building
  • Mineral Rights Excluded
  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 273515416016

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, contingency fund, insurance, snow removal, ground maintenance
  • Aspen Highlands Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Security

  • Resident Manager or Management On Site

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 1.04
  • Co List Office Mls Id: ASSHMA
  • Subdivision Name: Aspen Highlands
  • Directions: Maroon Creek Road to Aspen Highlands Village, left on Prospector, right on Exhibition Lane. Lot is on the right.
  • Tax Parcel Letter: R016842
  • Attribution Contact: (970) 925-6060
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Financing Info:Taxes2: 51707.32
  • Financing Info:Tax Year2: 2012
  • Sanitation:Sewer: Yes
  • Mineral Rights:No2: Yes
  • Water:Community: Yes
  • Water Rights:None6: Yes
  • Lot Description:Wooded Lot: Yes
  • Gas:Available2: Yes
  • HOA Fee Includes:Grounds Maintenance2: Yes
  • HOA Fee Includes:Management4: Yes
  • HOA Fee Includes:Snow Removal2: Yes
  • HOA Fee Includes:Insurance3: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Exterior Features

  • Disclosures: Other

Utilities

  • Building Features: Yes
  • Utilities: Natural Gas Available
  • Water Source: Community

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Fee Information

  • Association Fee Includes: Management, Other, Contingency Fund, Insurance, Snow Removal, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 45302.0
  • Parcel #: 273515416016
  • ResoLotSizeUnits: Acres
  • Lot Description View: Yes

Tax Info

  • Tax Annual Amount: 51707.32
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2022
Sold by
Analex Exhibition Llc
Bought by
Leitner Living Trust
Current Estimated Value
$12,805,738

Purchase Details

Closed on
Sep 23, 2021
Sold by
Leitner Michael E and Leitner Julie R
Bought by
Analex Exhabition Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
2.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 9, 2020
Sold by
The Leitner Living Trust
Bought by
Leitner Michael E and Leitner Julie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2017
Sold by
Suzanne K Bade Revocable Trust
Bought by
The Leiner Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 17, 2014
Closed on
Jun 17, 2014
Sold by
Exhibition Lane Llc
Bought by
Suzanne K Bade Revocable Trust
Seller's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Chris Klug
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$2,495,000
Sold Price
$1,950,000
Premium/Discount to List
-$545,000
-21.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.02%
Original Mortgage
$1,560,000
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2004
Sold by
Labs J Daniel and Stube Keith
Bought by
Exhibition Lane Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Leitner Living Trust $500 --
Analex Exhabition Llc -- Attorneys Ttl Agcy Lof Aspan
Leitner Michael E -- Attorneys Ttl Ins Agcy Of As
The Leiner Living Trust $6,675,000 Attorneys Title Ins Agency I
Suzanne K Bade Revocable Trust $1,950,000 Attorneys Title Agency
Exhibition Lane Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Analex Exhabition Llc $4,000,000
Previous Owner Leitner Michael E $4,000,000
Previous Owner The Leiner Living Trust $4,000,000
Previous Owner Suzanne K Bade Revocable Trust $1,560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2014 06/17/14 Sold $1,950,000 -21.8% --
06/17/2014 06/17/14 For Sale $2,495,000 -- --
04/18/2014 04/18/14 Pending -- -- --
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 $86,459 $1,338,640 $332,410 $1,006,230
2023 $86,459 $1,354,330 $336,310 $1,018,020
2022 $50,757 $620,370 $243,250 $377,120
2021 $49,074 $638,220 $250,250 $387,970
2020 $39,536 $509,740 $221,650 $288,090
2019 $39,536 $509,740 $221,650 $288,090
2018 $39,122 $513,300 $223,200 $290,100
2017 $36,874 $511,320 $216,000 $295,320
2016 $24,041 $330,340 $155,220 $175,120
2015 $40,817 $565,500 $565,500 $0
2014 $45,516 $619,880 $619,880 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Craig Morris

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 429-1090

    56 in this area

    78 Total Sales

    Craig Morris
    Section Image

  • M

    Seller Co-Listing Agent in 2014

    Michael Perau

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

  • Chris Klug

    Buyer's Agent in 2014

    Chris Klug

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 948-7055

    43 in this area

    105 Total Sales

    Chris Klug
    Section Image
See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 126884

Aspen Glenwood MLS

APN: R016842

Colorado Pitkin County Aspen 81611

255 Exhibition Ln, Aspen, CO

This home is located at 255 Exhibition Ln, Aspen, CO 81611 since 17 June 2014 and is currently estimated at $12,805,738. 255 Exhibition Ln is a home 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.

Nearby Homes