NOT LISTED FOR SALE

349 Ridge Rd Aspen, CO 81612

Estimated Value: $7,448,000 - $22,711,390

5 Beds
5.5 Baths
8,810 Sq Ft
$1,712/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $17,750,000 $2,015 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $88,942/month

20 Days on Market

Highlights

  • Outdoor Pool
  • 1.45 Acre Lot
  • Contemporary Architecture
  • Aspen Middle School Rated A-
  • Green Building
  • Main Floor Primary Bedroom

About This Home

As of September 2020

A Must See! Timeless masterpiece with contemporary aesthetic on Aspen's finest view site! Front row on the Ridge of Red Mountain, this elegant 5 bedroom, 5.5 bath, 8810 sq ft estate provides privacy, and a safe space, all while conveniently located just minutes from downtown Aspen. Stunning views over the City and Aspen Mountain dominate every room, captured by the oversized picture windows and soaring ceiling heights. Gourmet Chef's Kitchen features St Charles cabinetry & the finest SubZero and Gaggenau appliances. Incredible Master Suite, with dual His and Her master baths including separate steam showers and walk-in closets, with adjoining Library/Office. Perfect outdoor entertaining spaces, including 1400 sq ft of stone patios, landscaped yard, and a dramatic lap pool.

Last Agent to Sell the Property

Brian Hazen

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 License #EA.000189091 Listed on: 07/17/2020

Coldwell Banker Mason Morse-Aspen

Last Buyer's Agent

Minette Stapleton

Coldwell Banker Mason Morse-Aspen License #FA100001704

Coldwell Banker Mason Morse-Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,848

Year Built

  • Built in 1989

Lot Details

  • 1.45 Acre Lot
  • Southern Exposure
  • Property is zoned R-30

HOA Fees

  • $288 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Shake Roof

Interior Spaces

  • 8,810 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Laundry Room
  • Property Views
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Green Building
  • Outdoor Pool

Community Details

  • Association fees include sewer
  • Ridge Of Red Mountain Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273707202007

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,848

Year Built

Built in 1989

Lot Details

0

HOA Fees

$288 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.45
  • Subdivision Name: Ridge of Red Mountain
  • Directions: From Red Mountain Rd, turn left onto Draw Dr, then make immediate left onto Ridge Rd. Stay left past Bennet and Ridge Place. House on the right.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • Year Built: 1989
  • Tax Parcel Letter: R003378
  • Attribution Contact: (970) 925-7000
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-30
  • General Info:Main Floor Master: Yes
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 32848.0
  • Financing Info:Tax Year2: 2019
  • Substructure:Unfinished Basement: Yes
  • Sanitation:Sewer: Yes
  • Extras:Pool: Yes
  • Cooling:Central AC: Yes
  • Roof:Shake: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 3461.0
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Unfinished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 8810.0
  • Fireplace:Gas: Yes

Exterior Features

  • Disclosures: Excluded Buyer
  • Roof: Shake

Garage/Parking

  • Keywords Info:Garage: 2 Car
  • General Info:Garage SqFt: 400.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 3461.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 3461.0
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Exposure Southern: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 63162.0
  • Parcel #: 273707202007
  • Zoning: R-30
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 32848.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Sep 9, 2020
Sold by
Simon Beriro Revocable Trust
Bought by
Ridge Road Llc
Seller's Agent
Brian Hazen
Coldwell Banker Mason Morse-Aspen
Buyer's Agent
Minette Stapleton
Coldwell Banker Mason Morse-Aspen
List Price
$18,900,000
Sold Price
$17,750,000
Premium/Discount to List
-$1,150,000
-6.08%
Total Days on Market
20
Current Estimated Value
$15,079,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,670,305
Avg. Annual Appreciation
-3.37%

Purchase Details

Closed on
Dec 27, 2018
Sold by
Beririo Simon
Bought by
Simon Beriro Restated Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 1998
Bought by
Beriro Simon
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
Ridge Road Llc $17,750,000 Attorneys Title Agency
Simon Beriro Restated Revocable Trust -- None Available
Beriro Simon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ridge Road Llc $23,100,000
Previous Owner Simon Beriro Restated Revocable Trust $5,000,000
Previous Owner Beriro Simon $0
Previous Owner Preissman Family Lp $3,000,000
Previous Owner Beriro Simon $3,000,000
Previous Owner Beriro Simon $1,000,000
Previous Owner Beriro Simon $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $17,750,000 -6.1% $2,015 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $18,900,000 -- $2,145 / 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 $51,928 $1,805,320 $1,002,950 $802,370
2023 $51,928 $1,825,540 $1,014,190 $811,350
2022 $34,396 $1,086,490 $590,750 $495,740
2021 $34,306 $1,117,750 $607,750 $510,000
2020 $33,068 $1,074,870 $586,300 $488,570
2019 $32,848 $1,074,870 $586,300 $488,570
2018 $30,927 $1,082,380 $590,400 $491,980
2017 $26,865 $1,013,000 $576,000 $437,000
2016 $25,644 $949,160 $636,800 $312,360
2015 $25,484 $949,160 $636,800 $312,360
2014 $23,557 $857,630 $557,200 $300,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 165385

Aspen Glenwood MLS

APN: R003378