NOT LISTED FOR SALE

321 Oak Ln Unit 321 Aspen, CO 81611

Estimated Value: $1,751,940 - $2,501,000

4 Beds
3 Baths
1,828 Sq Ft
$1,189/Sq Ft Est. Value

Last Sold February 13, 2020

Last sale price $1,250,000 $684 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $12,163/month

213 Days on Market

Highlights

  • Spa
  • Green Building
  • Furnished
  • Aspen Middle School Rated A-
  • Contemporary Architecture
  • 4-minute walk to Smugglers Mountain

About This Home

As of February 2020

Recently updated, this 4 bedroom 3 bathroom single family home is a great value for Aspen! Along with a chic interior, this smart home comes with off street parking with a level two car charger and a spacious outdoor patio. Enjoy relaxing outside in the hot tub or around the ambient fire pit under the lights. Bus service every 20 minutes provides convenient access to downtown Aspen. Close by you will find the Hunter Creek and Smuggler trail systems, along with the John Denver Memorial Park. You do not want to miss this great opportunity to own a single family home for under 2 million in Aspen. Purchaser must be a resident of Pitkin County and must occupy property as a primary residence. See www.SmugglerPark.org for more information.

Last Agent to Sell the Property

Galen Bright

Setterfield & Bright Brokerage Phone: (970) 920-1833 License #FA1310977 Listed on: 04/23/2019

Last Buyer's Agent

Hank Carter

Compass Aspen License #FA100078083

Compass Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,076

Year Built

  • Built in 1998

Lot Details

  • 3,438 Sq Ft Lot
  • Cul-De-Sac
  • Southwest Facing Home
  • Southern Exposure
  • Fenced
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned R-3

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Metal Roof
  • Metal Siding
  • Masonite

Interior Spaces

  • 1,828 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Gas Fireplace
  • Window Treatments
  • Crawl Space
  • Property Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio
  • Storage Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Water Rights Not Included
  • Water Softener
  • Internet Available
  • Cable TV Available

Additional Features

  • Green Building
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273707490321

Community Details

Overview

  • Association fees include contingency fund, sewer, trash, snow removal, ground maintenance, cable TV, internet
  • Smuggler Park Subdivision, Ubc Floorplan
  • On-Site Maintenance

Recreation

  • Snow Removal

Additional Features

  • Courtesy Bus
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,076

Year Built

Built in 1998

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Inclusions: Dryer, Freezer, Refrigerator, Washer, Window Coverings, Water Softener, Range, Microwave, Dishwasher
  • Subdivision Name: Smuggler Park
  • Directions: Going East on Main Street, turn left onto Mill Street, turn right onto Gibson, turn right onto Oak Lane, 321 Oak Lane is on the left.
  • Above Grade Finished Sq Ft: 1828.0
  • Architectural Style: Contemporary
  • Master Model: UBC
  • New Construction: No
  • Year Built: 1998
  • Tax Parcel Letter: R016922
  • Attribution Contact: (970) 920-1833
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: UBC
  • General Info:Zoning2: R-3
  • General Info:Main Floor Master: Yes
  • 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: 1.0
  • Financing Info:Taxes2: 2076.44
  • Financing Info:Tax Year2: 2019
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Substructure:Crawl Space: Yes
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Cable TV2: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • General Info:LvHtSqFt (Abv Grnd): 1828.0
  • Inclusions:Water Softener: Yes
  • Unit Faces:South: Yes
  • Unit Faces:West: Yes
  • Inclusions:Freezer: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Exterior:Metal2: Yes
  • Extras:Softener: Yes
  • HOA Fees Includes:Internet: Yes
  • Extras:Storage Shed: Yes
  • Exterior:Masonite: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 3600.0
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1828.0
  • Fireplace:Gas: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cul-De-Sac, Landscaped
  • Disclosures: Deed Restrict, Right of 1st Refusal
  • Construction Type: Frame, Masonite
  • Property Condition: Excellent
  • Roof: Metal, Composition
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: None

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Hot Water, Natural Gas, Forced Air, Electric, Baseboard
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Management, Bus/ShuttleService, Pets Allowed/Owner
  • Association Fee: 3600.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 3600.0
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Gentle Topo: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • HOA Amenities:Management2: Yes
  • Location Amenities:Cul-de-Sac: Yes
  • HOA Amenities:BusShuttleService: Yes

Fee Information

  • Association Fee Includes: Contingency Fund, Sewer, Trash, Snow Removal, Maintenance Grounds, Cable TV, Internet

Lot Info

  • Lot Size Sq Ft: 3438.0
  • Parcel #: 273707490321
  • Zoning: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2076.44
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2019
Closed on
Feb 13, 2020
Sold by
Burns Michael R and Burns Tamara L
Bought by
Reveal Michael and Clark Casarae
Seller's Agent
Galen Bright
Setterfield & Bright
Buyer's Agent
Hank Carter
Compass Aspen
List Price
$1,600,000
Sold Price
$1,250,000
Premium/Discount to List
-$350,000
-21.88%
Current Estimated Value
$2,173,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$923,485
Avg. Annual Appreciation
10.27%
Original Mortgage
$770,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2015
Closed on
Oct 23, 2015
Sold by
Aspen Square Condo Assoc Inc
Bought by
Burns Michael R and Burns Tamra L
Seller's Agent
Chris Klug
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Galen Bright
Setterfield & Bright
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.58%
Original Mortgage
$600,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Reveal Michael $1,250,000 Land Title Guarantee
Burns Michael R $750,000 Attorneys Title Insurance Ag
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reveal Michael $770,000
Previous Owner Burns Michael R $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/13/2020 02/13/20 Sold $1,250,000 -21.9% $684 / Sq Ft
11/23/2019 11/23/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $1,600,000 +113.3% $875 / Sq Ft
10/23/2015 10/23/15 Sold $750,000 -6.1% $410 / Sq Ft View Prior Sale
09/07/2015 09/07/15 Pending -- -- --
07/15/2015 07/15/15 For Sale $799,000 -- $437 / 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 $4,064 $123,620 $52,050 $71,570
2023 $4,064 $127,520 $53,690 $73,830
2022 $3,488 $95,140 $43,440 $51,700
2021 $3,473 $97,880 $44,690 $53,190
2020 $2,683 $75,100 $33,610 $41,490
2019 $2,076 $58,120 $33,610 $24,510
2018 $1,908 $58,520 $33,840 $24,680
2017 $1,683 $52,930 $32,400 $20,530
2016 $1,779 $54,770 $35,820 $18,950
2015 $1,756 $54,770 $35,820 $18,950
2014 $1,763 $52,550 $35,820 $16,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 158892

Aspen Glenwood MLS

APN: R016922