NOT LISTED FOR SALE

346 Draw Dr Aspen, CO 81611

Aspen Area

Estimated Value: $8,237,000 - $19,608,855

5 Beds
7 Baths
7,326 Sq Ft
$1,900/Sq Ft Est. Value

Sale Details

Date Sold: June 22, 2021

Last sale price $19,850,000 $2,710 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $80,676 / mo

1176 Days on Market

Highlights

  • 1.4 Acre Lot
  • 3 Fireplaces
  • Furnished
  • Main Floor Primary Bedroom
  • Steam Shower
  • Views

About This Home

As of June 2021

The perfect perch with views and a newly remodeled home on Aspen's desirable Red Mountain. Five bedrooms, contemporary finishes that mesh with the mountain vibe, a spacious family room, great outdoor spaces, and plenty of room to spread your wings. The master bedroom is located on the main living level which allows for an easy lifestyle and separation from additional family and guests. Open living with high ceilings capture the views and essence of the Colorado lifestyle. Radiant floors, a separate office, and three car garage round out the lengthy list of conveniences.

Last Agent to Sell the Property

Andrew Ernemann

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA100028587 Listed on: 02/12/2021

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Last Buyer's Agent

Andrew Ernemann

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,353

Year Built

  • Built in 1997

Lot Details

  • 1.4 Acre Lot
  • Home has North and South Exposure
  • Southern Exposure
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned R-30

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Metal Siding

Interior Spaces

  • 7,326 Sq Ft Home
  • 2-Story Property
  • Furnished
  • 3 Fireplaces
  • Gas Fireplace
  • Walk-Out Basement
  • Home Security System
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273501404006

Community Details

Overview

  • Association fees include contingency fund, sewer, insurance, snow removal, ground maintenance
  • Ridge Of Red Mountain Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,353

Year Built

Built in 1997

Lot Details

1.4 Acres

HOA Fees

$48 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.4
  • Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Range, Microwave, Dishwasher
  • Subdivision Name: Ridge of Red Mountain
  • Directions: North on Mill Street to Red Mountain Road. Turn left on Draw Drive. House will be on the left.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1997
  • Tax Parcel Letter: R003516
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-30
  • 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
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 32353.0
  • Financing Info:Tax Year2: 2020
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • Unit Faces:North: Yes
  • Unit Faces:South: Yes
  • Style:Two Story: Yes
  • Substructure:Walkout: Yes
  • Inclusions:Oven: Yes
  • Cooling:Central AC: Yes
  • Inclusions:Freezer: Yes
  • Roof:Metal: Yes
  • Extras:Steam Shower: Yes
  • Exterior:Metal2: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 570.0
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 7326.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Frame
  • Property Condition: Excellent
  • Roof: Metal
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 3 Car
  • General Info:Garage SqFt: 773.0

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Forced Air
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 570.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 570.0
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Contingency Fund, Sewer, Insurance, Snow Removal, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 60984.0
  • Parcel #: 273501404006
  • Zoning: R-30
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 32353.0
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Jun 22, 2021
Sold by
Bought by
Seller's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$18,995,000
Sold Price
$19,850,000
Premium/Discount to List
$855,000
4.5%
Current Estimated Value
$13,922,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,927,072
Avg. Annual Appreciation
-6.62%
Original Mortgage
$19,850,000
Outstanding Balance
$17,647,913
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
-$3,724,985

Purchase Details

Listed on
Jun 5, 2017
Closed on
May 30, 2017
Sold by
Bought by
Seller's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$10,675,000
Sold Price
$10,675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.51%
Original Mortgage
$8,000,000
Interest Rate
3.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 28, 2012
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Aspen, CO

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$19,850,000 Attorneys Title Agency
$10,675,000 Pct
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $19,850,000
Previous Owner $6,500,000
Previous Owner $8,000,000
Previous Owner $850,000
Previous Owner $850,000
Previous Owner $1,000,000
Previous Owner $1,000,000
Previous Owner $1,000,000
Previous Owner $500,000
Previous Owner $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2021 06/22/21 Sold $19,850,000 +4.5% $2,710 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
11/27/2017 11/27/17 For Sale $18,995,000 +77.9% $2,593 / Sq Ft
06/05/2017 06/05/17 For Sale $10,675,000 0.0% $1,505 / Sq Ft
06/02/2017 06/02/17 Sold $10,675,000 -- $1,505 / Sq Ft View Prior Sale
04/16/2017 04/16/17 Pending -- -- --
Source: Aspen Glenwood MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $51,008 $1,562,500 $593,750 $968,750
2024 $51,008 $1,738,310 $568,290 $1,170,020
2023 $50,001 $1,757,890 $575,030 $1,182,860
2022 $36,874 $1,164,750 $486,500 $678,250
2021 $36,777 $1,198,270 $500,500 $697,770
2020 $32,178 $1,045,940 $443,300 $602,640
2019 $21,236 $690,280 $443,300 $246,980
2018 $11,931 $695,100 $446,400 $248,700
2017 $13,694 $512,680 $237,600 $275,080
2016 $10,785 $395,820 $222,880 $172,940
2015 $10,717 $395,820 $222,880 $172,940
2014 $10,458 $377,200 $230,840 $146,360
Source: Public Records

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Map

Source: Aspen Glenwood MLS

MLS Number: 151740

Aspen Glenwood MLS

APN: R003516

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