$1,764,000
SOLD APR 16, 2012

31 Mountain Laurel Dr Aspen, CO 81611

0.35 Acre
$5,040,000 Price per Acre
15,246 Sq Ft Lot

Recently Sold

$872 Per Sq Ft

39% Below List Price

560 Days on Market

Highlights

  • Green Building
  • Corner Lot
  • Views
  • Aspen Middle School Rated A-
  • No HOA

About This Lot

As of October 2015

Sweeping corner lot zoned for single family home.Outstanding views of Independence and surrounding mountains. Not far up the mountain for those who want an easy drive but quiet and special with gentle terrain to great a wonderful floor plan and outdoor living space. Has been used as a nonconforming triplex for over 35 years

Presently fully rented so could be income producing while waiting to build a new home.

Last Agent to Sell the Property

Carol Dopkin

Carol Dopkin Real Estate Listed on: 02/19/2010

Last Buyer's Agent

Annemie Dundon

Aspen Estates, Inc License #ER40037959

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,157

Lot Details

  • 0.35 Acre Lot
  • Corner Lot

Eco-Friendly Details

  • Green Building

Additional Features

  • Property Views

Community Details

  • No Home Owners Association
  • Mountain Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273717307054

Property Details

Property Type

Land

Est. Annual Taxes

$5,157

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 0.35
  • Subdivision Name: Mountain Valley
  • Directions: 31 MOUNTAIN LAUREL DRIVE -PROPERTY IS LOCATED ON THE CORNER. LOOK FOR SIGN
  • Tax Parcel Letter: R006164
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Financing Info:Taxes2: 5157.0
  • Financing Info:Tax Year2: 2010
  • Sanitation:Sewer: Yes
  • Lot Description:Corner Lot2: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Utilities

  • Building Features: Yes
  • Water Source: Public

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

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

Tax Info

  • Tax Annual Amount: 5157.0
  • Tax Year: 2010

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

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 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: 114962

Aspen Glenwood MLS

APN: R006164