NOT LISTED FOR SALE

260 Star Mesa Rd Aspen, CO 81611

Estimated Value: $4,842,000 - $13,949,331

4 Beds
3 Baths
3,732 Sq Ft
$2,518/Sq Ft Est. Value

Sale Details

Date Sold: December 30, 2020

Last sale price $6,000,000 $1,608 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $52,191 / mo

404 Days on Market

Highlights

  • Barn
  • Horse Property
  • 17.6 Acre Lot
  • Aspen Middle School Rated A-
  • Greenhouse
  • Green Building

About This Home

As of December 2020

Overlooking the upper Roaring Fork Valley from its perch on lower Star Mesa Road, a unique opportunity exists in the form of a much older but charming log home and barn on over 17 acres with the utmost potential to become something truly grand. With the Salvation Ditch marking its entire north boundary, the site incorporates flat usable areas on the lower portion and gentle slopes of scrub oak, aspen and pine on the upper portion to provide ease of building. South-facing with expansive and unobstructed views across dedicated open space to Mount Daly, Hayden Peak and all four ski areas, the cabin could transition into a spectacular detached guest house blending the historic west with a new main house and barn incorporating the latest technology, craftsmanship and design attributes.Bring your vision to exploit this rare opportunity to its fullest potential. Bring your vision to exploit this rare opportunity to its fullest potential.

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: 01/15/2020

Last Buyer's Agent

Erik Berg

ENGEL & VOLKERS License #ER.040043847

ENGEL & VOLKERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,747

Year Built

  • Built in 1910

Lot Details

  • 17.6 Acre Lot
  • Cul-De-Sac
  • Home has sun exposure from multiple directions
  • Southern Exposure
  • Fenced
  • Lot Has A Rolling Slope
  • Landscaped with Trees
  • Property is in good condition
  • Property is zoned RS-20

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Cabin
  • Poured Concrete
  • Frame Construction
  • Log Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,732 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Window Treatments
  • Crawl Space
  • Property Views

Kitchen

  • Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Horse Property
  • Patio
  • Greenhouse
  • Storage Shed
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Propane
  • Water Rights
  • Cistern
  • Septic Tank
  • Septic System

Additional Features

  • Green Building
  • Mineral Rights Excluded
  • Barn

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 264322400011

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,747

Year Built

Built in 1910

Lot Details

17.6 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 17.6
  • Inclusions: Dryer, Freezer, Refrigerator, Washer, Window Coverings, Range, Dishwasher
  • Subdivision Name: None
  • Directions: From Aspen, McLain Flats Road to Star Mesa Road, turn right and then go 0.1 mile and turn left onto the upper driveway to the house. Lower driveway is a loop to the barn.
  • Architectural Style: Two Story, Contemporary, Cabin
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1910
  • Tax Parcel Letter: R003498
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: RS-20
  • General Info:Main Floor Master: Yes
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 7747.28
  • Financing Info:Tax Year2: 2019
  • Extras:GuestCaretaker Qtrs: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Range: Yes
  • Condition:Good: Yes
  • Substructure:Crawl Space: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Unit Faces:North: Yes
  • Unit Faces:South: Yes
  • Unit Faces:West: Yes
  • Style:Two Story: Yes
  • Sanitation:Septic: Yes
  • Inclusions:Freezer: Yes
  • Extras:Outbuildings: Yes
  • Extras:Storage Shed: Yes
  • Water Rights:Yes3: Yes
  • Extras:Barn or Corral: Yes
  • Water:Cistern: Yes
  • Extras:Green House: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3732.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cul-De-Sac, Landscaped
  • Disclosures: Other
  • Construction Type: Other, Concrete, Log, Frame
  • Other Structures: Outbuilding, Greenhouse
  • Property Condition: Good
  • Construction:Frame: Yes
  • Construction:Poured Concrete: Yes
  • Construction:Log: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes
  • General Info:Garage SqFt: 528.0

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Cul-de-Sac: Yes
  • Location Amenities:Rolling Topo: Yes
  • Location Amenities:Horse Property: Yes

Lot Info

  • Lot Size Sq Ft: 766786680.0
  • Parcel #: 264322400011
  • Zoning: RS-20
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7747.28
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2020
Closed on
Dec 24, 2020
Sold by
Levine Jeffrey and Eisenberg Martha S
Bought by
Pramour Ranch Llc
Seller's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Erik Berg
ENGEL & VOLKERS
List Price
$6,500,000
Sold Price
$6,000,000
Premium/Discount to List
-$500,000
-7.69%
Current Estimated Value
$9,395,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,395,666
Avg. Annual Appreciation
8.92%
Original Mortgage
$3,420,000
Outstanding Balance
$3,002,459
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$6,393,207

Purchase Details

Listed on
Jan 15, 2020
Closed on
Dec 1, 2020
Sold by
Levine Jeffrey and Eisenberg Martha S
Bought by
Paramour Ranch Llc
Seller's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Erik Berg
ENGEL & VOLKERS
List Price
$6,500,000
Sold Price
$6,000,000
Premium/Discount to List
-$500,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,420,000
Outstanding Balance
$3,002,459
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$6,393,207

Purchase Details

Closed on
Dec 17, 2019
Sold by
Eisenberg Martha S
Bought by
Levine Jeffrey and Eisenberg Martha S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2019
Sold by
Jeanne Jaffee Gst Family Trust
Bought by
Eisenberg Erica S and Eisenberg Martha S

Purchase Details

Closed on
Dec 22, 2012
Sold by
Eisenberg Erica S and Eisenberg Martha S
Bought by
Eisenberg Erica S and Eisenberg Martha S

Purchase Details

Closed on
Dec 29, 2009
Sold by
Katz Ellen S
Bought by
Eisenberg Erica S and Eisenberg Martha S

Purchase Details

Closed on
Oct 17, 2008
Sold by
Katz Ellen S and Estate Of Jeanne Jaffee
Bought by
Jeanne Jaffee Family Gst Trust
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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Purchase History

Date Buyer Sale Price Title Company
Pramour Ranch Llc -- None Available
Paramour Ranch Llc $6,000,000 Attorney Title Agency Of
Levine Jeffrey -- None Available
Eisenberg Martha S -- Fidelity National Ttl Ins Co
Eisenberg Martha S -- Fidelity National Ttl Ins Co
Eisenberg Erica S -- None Available
Eisenberg Erica S -- None Available
Eisenberg Erica S -- None Available
Eisenberg Erica S -- None Available
Jeanne Jaffee Family Gst Trust -- None Available
Katz Ellen S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paramour Ranch Llc $3,420,000
Previous Owner Levine Jeffrey $1,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2020 12/30/20 Sold $6,000,000 -7.7% $1,608 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
06/12/2019 06/12/19 For Sale $6,500,000 -- $1,742 / 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 $24,412 $749,630 $688,310 $61,320
2024 $24,412 $737,010 $667,360 $69,650
2023 $21,156 $746,740 $676,330 $70,410
2022 $10,113 $320,310 $278,710 $41,600
2021 $10,113 $330,450 $286,780 $43,670
2020 $7,603 $247,890 $215,220 $32,670
2019 $7,603 $247,890 $215,220 $32,670
2018 $7,747 $249,520 $216,720 $32,800
2017 $6,726 $252,840 $216,780 $36,060
2016 $8,795 $324,110 $279,290 $44,820
2015 $8,740 $323,910 $279,090 $44,820
2014 $7,590 $275,060 $239,350 $35,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 159749

Aspen Glenwood MLS

APN: R003498

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