NOT LISTED FOR SALE

323 E Reds Rd Aspen, CO 81611

Estimated Value: $8,269,000 - $14,652,197

5 Beds
5 Baths
3,540 Sq Ft
$3,237/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $12,100,000 $3,418 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $66,440/month

10 Days on Market

About This Home

As of June 2021

Offered for the first time in over 45 years, this charming and peaceful Red Mountain legacy home is tucked into a grove of Aspen trees with direct views of Aspen Mountain and the surrounding peaks. With only a handful of homes on East Reds Road, this property offers privacy and serenity. Built in 1975, the timeless design has character and history. Designers and architects alike say they ''wouldn't change one thing.'' Flat lot just under an acre and a large front yard – a rarity on Red Mountain. 3,540 sf home with a two-car garage, one-car garage, carport, wood shop/ office and separate ADU. The property offers 5 bedrooms and 5 baths consisting of the main house with 4b/4ba and the ADU with 1bd/1ba.Benedict stream runs through the backyard and the home boasts more than 1,500 sf of deck space. Two-minute walk to Hunter Creek valley for cross country skiing, hiking and mountain biking. Benedict stream runs through the backyard and the home boasts more than 1,500 sf of deck space. Two-minute walk to Hunter Creek valley for cross country skiing, hiking and mountain biking.

Last Agent to Sell the Property

Mandy Welgos

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA.100083604 Listed on: 05/14/2021

Last Buyer's Agent

Matt Holstein

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA40027702

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 18, 2021
Sold by
Barker Jack G and Barker Wendy E
Bought by
Elevate Development & Design No 003 Llc
Seller's Agent
Mandy Welgos
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Matt Holstein
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$13,000,000
Sold Price
$12,100,000
Premium/Discount to List
-$900,000
-6.92%
Total Days on Market
10
Current Estimated Value
$11,460,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$639,401
Avg. Annual Appreciation
-1.36%

Purchase Details

Closed on
Apr 24, 2015
Sold by
Barker Wendy
Bought by
Barker Jack G and Barker Wendy E
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 Buyer Sale Price Title Company
Elevate Development & Design No 003 Llc $12,100,000 Attorneys Title Agency
Barker Jack G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Elevate Development & Design No Oo3 Llc $10,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $12,100,000 -6.9% $3,418 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $13,000,000 -- $3,672 / 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 $26,111 $907,770 $600,560 $307,210
2023 $26,111 $1,232,230 $608,350 $623,880
2022 $17,848 $563,770 $410,050 $153,720
2021 $13,650 $444,740 $421,850 $22,890
2020 $13,023 $423,310 $393,250 $30,060
2019 $13,023 $423,310 $393,250 $30,060
2018 $10,619 $426,270 $396,000 $30,270
2017 $9,225 $345,360 $324,000 $21,360
2016 $9,255 $339,700 $318,400 $21,300
2015 $9,198 $339,700 $318,400 $21,300
2014 $8,974 $323,680 $298,500 $25,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 169983

Aspen Glenwood MLS

APN: R003160