NOT LISTED FOR SALE

2553 Lower River Rd Snowmass, CO 81654

Estimated Value: $4,810,636

37 Acres
$130,017 Price per Acre
1,611,720 Sq Ft Lot

Last Sold July 06, 2015

Last sale price $2,500,000 $1,184 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $26,920/month

395 Days on Market

Highlights

  • Horse Property
  • Green Building
  • No HOA
  • 37 Acre Lot
  • Lake, Pond or Stream
  • Property is near a preserve or public land

About This Lot

As of July 2015

Deer Creek Ranch is a wonderful opportunity to own a 37 acre ranch located in a private setting in the Snowmass Canyon. It stretches on both sides of Lower River Road. On the one side there are two homes, lush pastures, water rights, a creek, several ponds. For the fisherman the other side features 496 feet of Roaring Fork River frontage for premier fishing. Arbaney Gulch is right out your back door offering some of the best scenery, hiking and hunting. The Rio Grande bike trail also crosses the property. This ranch is only 15 minutes from Aspen and Snowmass the perfectspot for the horse person, fisherman outdoor person just privacy. spot for the horse person, fisherman outdoor person just privacy.

Last Agent to Sell the Property

James Bineau

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 License #FA100035184 Listed on: 04/03/2014

Co-Listed By

Chris Souki

Compass Aspen Brokerage Phone: (970) 925-7000 License #FA100022800

Last Buyer's Agent

anita bineau

Christie's International Real Estate Aspen Snowmass License #FA100035184

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,640

Lot Details

  • 37 Acre Lot
  • Fenced
  • Property is zoned AR-10

Utilities

  • Irrigation Water Rights
  • Well
  • Septic Tank
  • Septic System

Additional Features

  • Green Building
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 246725400585

Community Details

Overview

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

Recreation

  • Lake, Pond or Stream
  • Horse Property

Property Details

Property Type

Land

Est. Annual Taxes

$6,640

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 37.0
  • Co List Office Mls Id: CBMMAspen
  • Co List Office Phone: 970-925-7000
  • Subdivision Name: None
  • Directions: Hwy 82 to right onto Gerbaz Way, turn left onto Lower River Road the house is on the right
  • Tax Parcel Letter: R009080
  • Attribution Contact: (970) 925-7000
  • General Info:Zoning2: AR-10
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Financing Info:Taxes2: 6640.0
  • Financing Info:Tax Year2: 2014
  • Mineral Rights:No2: Yes
  • Sanitation:Septic: Yes
  • Lot Description:Horse Property3: Yes
  • Extras:Fencing: Yes
  • Water:Well Installed: Yes
  • Lot Description:Pond Lake Stream: Yes
  • Lot Description:Borders Public Land2: Yes
  • Extras:Horse Property2: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Exterior Features

  • Fencing: Fenced
  • Disclosures: Reports Available

Utilities

  • Building Features: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available
  • Water Source: Well Installed
  • Water Rights Irrigation: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 1611720.0
  • Parcel #: 246725400585
  • Zoning: AR-10
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6640.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2014
Closed on
Jul 6, 2015
Sold by
Rrr Funding Llc
Bought by
Board Of County Commissioners Of Pitkin
Seller's Agent
James Bineau
Coldwell Banker Mason Morse-Aspen
Buyer's Agent
anita bineau
Christie's International Real Estate Aspen Snowmass
List Price
$2,975,000
Sold Price
$2,500,000
Premium/Discount to List
-$475,000
-15.97%
Current Estimated Value
$4,810,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,310,636
Avg. Annual Appreciation
6.57%

Purchase Details

Closed on
May 4, 2015
Sold by
Rrr Funding Llc
Bought by
Pitkin County Board Of County Commission

Purchase Details

Closed on
May 19, 2010
Sold by
River Road Ranch Llc
Bought by
Rrr Funding Llc

Purchase Details

Closed on
Jul 19, 2007
Sold by
Cherek Charles R
Bought by
River Road Ranch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,125,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2003
Sold by
Moffat Andrew
Bought by
Cherek Charles R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Board Of County Commissioners Of Pitkin $2,500,000 Land Title Guarantee Company
Pitkin County Board Of County Commission $2,500,000 None Available
Rrr Funding Llc -- None Available
River Road Ranch Llc -- None Available
Cherek Charles R $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner River Road Ranch Llc $2,125,000
Previous Owner Cherek Charles R $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2015 07/06/15 Sold $2,500,000 -16.0% $1,184 / Sq Ft
05/04/2015 05/04/15 Pending -- -- --
04/03/2014 04/03/14 For Sale $2,975,000 -- $1,409 / 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 $16,974 $216,000 $100,500 $115,500
2023 $0 $218,100 $101,480 $116,620
2022 $0 $103,120 $48,650 $54,470
2021 $8,299 $106,080 $50,050 $56,030
2020 $7,514 $95,650 $50,050 $45,600
2019 $6,641 $95,650 $50,050 $45,600
2018 $0 $96,320 $50,400 $45,920
2017 $0 $66,930 $50,400 $16,530
2016 $0 $76,700 $55,720 $20,980
2015 $3,010 $76,700 $55,720 $20,980
2014 $5,958 $81,390 $59,700 $21,690
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    James Bineau

    Coldwell Banker Mason Morse-Aspen

  • C

    Seller Co-Listing Agent in 2015

    Chris Souki

    Compass Aspen

    (970) 948-4378

    44 Total Sales

    Chris Souki
    Section Image
  • anita bineau

    Buyer's Agent in 2015

    anita bineau

    Christie's International Real Estate Aspen Snowmass

    (970) 274-9725

    34 Total Sales

    anita bineau
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 133620

Aspen Glenwood MLS

APN: R009080

Colorado Pitkin County Snowmass 81654

2553 Lower River Rd, Snowmass, CO

This home is located at 2553 Lower River Rd, Snowmass, CO 81654 since 03 April 2014 and is currently estimated at $4,810,636, approximately $2,277 per square foot. 2553 Lower River Rd is a home located in Pitkin County.

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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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