$5,750,000
SOLD OCT 1, 2015

31 Mountain Laurel Dr Aspen, CO 81611

5 Beds
4.5 Baths
5,220 Sq Ft
0.35 Acres

Recently Sold

$1,102 Per Sq Ft

25% Below List Price

356 Days on Market

Highlights

  • Laundry Room
  • Central Air
  • Property is in excellent condition
  • Aspen Middle School Rated A-
  • 3 Car Garage

About This Home

As of October 2015

Sighted on high promontory, one of Aspen's best view lots. Unparalleled views of Aspen Mountain, Independence Pass and the Roaring fork valley.

This classic, yet contemporary five bedroom home features warm, elegant interiors with abundant natural light. Upstairs the private master and guest master suite delights with an adjacent cozy den with large glass sliding doors and picture perfect views.

The open living areas and seamless connection to the outdoors are also great for accommodating large gatherings or intimate dinner parties with equal finesse.

Last Agent to Sell the Property

Annemie Dundon

Aspen Estates, Inc Brokerage Phone: (970) 274-2621 License #ER40037959 Listed on: 07/16/2014

Last Buyer's Agent

Annemie Dundon

Aspen Estates, Inc Brokerage Phone: (970) 274-2621 License #ER40037959 Listed on: 07/16/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,626

Lot Details

  • 0.35 Acre Lot
  • Property is in excellent condition

Parking

  • 3 Car Garage

Interior Spaces

  • 3-Story Property
  • Laundry Room
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Central Air

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Mountain Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273717307054

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,626

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • Subdivision Name: Mountain Valley
  • Directions: East on Highway 82 towards Independence Pass. Left into Mountain Valley Subdivision. Right on Lupine by bus stop. Left on Mountain Laurel. First residence on left. See sign
  • Above Grade Finished Sq Ft: 3480.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Tax Parcel Letter: R006164
  • Attribution Contact: (970) 274-2621
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Unfinished SqFt: 101.0
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 3.0
  • General Info:Short Termable: No
  • Financing Info:Taxes2: 8625.9
  • Financing Info:Tax Year2: 2015
  • Sanitation:Sewer: Yes
  • Condition:Excellent: Yes
  • Miscellaneous:Under Construction3: No
  • General Info:LvHtSqFt (Abv Grnd): 3480.0
  • General Info:LvHtSqFt (Blw Grnd): 1740.0
  • Substructure:Finished Basement: Yes
  • Cooling:Central AC: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Finished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1740.0
  • Living Area: 5220.0
  • Style Other: Yes

Exterior Features

  • Property Condition: Excellent

Garage/Parking

  • Keywords Info:Garage: 3 Car
  • General Info:Garage SqFt: 768.0

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Natural Gas Available

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 15294.0
  • Parcel #: 273717307054
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8625.9
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2014
Closed on
Oct 1, 2015
Sold by
Lipnick Laurence H
Bought by
O K Mountain Laurel Llc
Seller's Agent
Annemie Dundon
Aspen Estates, Inc
Buyer's Agent
Annemie Dundon
Aspen Estates, Inc
List Price
$7,700,000
Sold Price
$5,750,000
Premium/Discount to List
-$1,950,000
-25.32%
Current Estimated Value
$10,242,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,492,630
Avg. Annual Appreciation
6.17%
Original Mortgage
$2,500,000
Outstanding Balance
$1,092,586
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$9,260,067

Purchase Details

Listed on
Feb 19, 2010
Closed on
Apr 16, 2012
Sold by
The Crystal Palace Corporation
Bought by
Lipnick Laurence H
Seller's Agent
Carol Dopkin
Carol Dopkin Real Estate
Buyer's Agent
Annemie Dundon
Aspen Estates, Inc
List Price
$2,900,000
Sold Price
$1,764,000
Premium/Discount to List
-$1,136,000
-39.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.71%
Original Mortgage
$1,350,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $5,750,000 Land Title Guarantee Company
Warranty Deed $1,764,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,500,000 Purchase Money Mortgage
Previous Owner $4,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,775,000 Construction
Previous Owner $1,350,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2015 10/01/15 Sold $5,750,000 -25.3% $1,102 / Sq Ft
07/07/2015 07/07/15 Pending -- -- --
07/16/2014 07/16/14 For Sale $7,700,000 +336.5% $1,475 / Sq Ft
04/16/2012 04/16/12 Sold $1,764,000 -39.2% $872 / Sq Ft
09/02/2011 09/02/11 Pending -- -- --
02/19/2010 02/19/10 For Sale $2,900,000 -- $1,433 / 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 $21,200 $729,970 $259,990 $469,980
2023 $19,342 $739,760 $263,840 $475,920
2022 $15,102 $471,640 $187,650 $283,990
2021 $15,183 $485,210 $193,050 $292,160
2020 $12,913 $414,680 $178,750 $235,930
2019 $12,913 $414,680 $178,750 $235,930
2018 $13,748 $417,580 $180,000 $237,580
2017 $11,953 $448,520 $158,400 $290,120
2016 $12,111 $438,230 $197,010 $241,220
2015 $12,036 $438,230 $197,010 $241,220
2014 $8,626 $306,590 $139,300 $167,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 135318

Aspen Glenwood MLS

APN: R006164