$1,800,000
SOLD JAN 3, 2023

350 Rabbit Way Snowmass, CO 81654

3 Beds
2 Baths
2,237 Sq Ft
19.11 Acres

Recently Sold

$805 Per Sq Ft

28% Below List Price

126 Days on Market

Highlights

  • 19.11 Acre Lot
  • Patio
  • Landscaped with Trees
  • Views
  • Laundry Room
  • Baseboard Heating

About This Home

As of January 2023

This Old Snowmass mountain home sits on 19+ acres with unbelievable 360 degree views. Live in the existing three bedroom, two bathroom home, or build your own mountain compound on the conveniently flat building area. Enjoy the Aspen to Sopris views around the outdoor fire pit or picnic area, with plenty of space for outdoor entertaining. A detached, two car garage with loft and basketball court complete this unique mountain escape.

Last Agent to Sell the Property

Emery Holton

Douglas Elliman Real Estate-Durant Brokerage Phone: (970) 925-8810 License #FA100073765 Listed on: 10/07/2022

Douglas Elliman Real Estate-Durant

Co-Listed By

Andrew Doremus

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-8810 License #FA100079374

Last Buyer's Agent

Emery Holton

Douglas Elliman Real Estate-Hyman Ave

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,470

Year Built

  • Built in 1982

Lot Details

  • 19.11 Acre Lot
  • Southern Exposure
  • Southwest Facing Home
  • Lot Has A Rolling Slope
  • Landscaped with Trees
  • Property is in good condition
  • Property is zoned RS-30

Parking

  • 2 Car Garage

Home Design

  • Cabin
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 2,237 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Crawl Space
  • Property Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outbuilding

Location

  • Mineral Rights Excluded

Utilities

  • No Cooling
  • Baseboard Heating
  • Propane
  • Water Rights Not Included
  • Well
  • Septic Tank
  • Septic System

Community Details

  • Property has a Home Owners Association
  • Association fees include ground maintenance
  • Shield O Mesa Subdivision

Listing and Financial Details

  • Assessor Parcel Number 264515400011

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,470

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 19.11
  • Co List Office Mls Id: ASSHMA
  • Inclusions: Dryer, Freezer, Refrigerator, Washer, Range, Microwave, Dishwasher
  • Subdivision Name: Shield O Mesa
  • Directions: Heading west on Aspen 82, take a left onto Watson Divide Road. Then take a left onto Snowmass Creek Road. Veer right onto Mesa Road, then a right onto Rabbit Way. Second driveway on the left.
  • Above Grade Finished Sq Ft: 2237.0
  • Architectural Style: Two Story, Cabin
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1982
  • Tax Parcel Letter: R006522
  • Attribution Contact: (970) 925-8810
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: RS-30
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 5470.4
  • Financing Info:Tax Year2: 2021
  • Extras:PatioDeck: Yes
  • Listing Info:New Construction: No
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Water Rights:No3: Yes
  • Condition:Good: Yes
  • Substructure:Crawl Space: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • General Info:LvHtSqFt (Abv Grnd): 2237.0
  • General Info:Unit Faces: Southwest
  • Style:Two Story: Yes
  • Sanitation:Septic: Yes
  • Inclusions:Freezer: Yes
  • Extras:Outbuildings: Yes
  • Water:Well - Domestic: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2237.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Disclosures: Other
  • Construction Type: Wood Siding, Log
  • Direction Faces: Southwest
  • Other Structures: Outbuilding
  • Property Condition: Good
  • Roof: Composition
  • Construction:Log: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes
  • General Info:Garage SqFt: 600.0

Utilities

  • Laundry Features: Inside
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Well
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes
  • Gas/Propane: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Rolling Topo: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 832431.6
  • Parcel #: 264515400011
  • Zoning: RS-30
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5470.4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Jan 3, 2023
Sold by
Guthrie David
Bought by
Richardson Brandon and Richardson Megan
Seller's Agent
Emery Holton
Douglas Elliman Real Estate-Durant
Buyer's Agent
Emery Holton
Douglas Elliman Real Estate-Durant
List Price
$2,500,000
Sold Price
$1,800,000
Premium/Discount to List
-$700,000
-28%
Views
54
Current Estimated Value
$2,413,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$613,310
Avg. Annual Appreciation
12.03%
Original Mortgage
$50,000
Outstanding Balance
$28,809
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,373,319

Purchase Details

Closed on
Jul 28, 2022
Sold by
Sandra Lund
Bought by
Guthrie David

Purchase Details

Closed on
Mar 3, 2021
Sold by
Wells Fargo Bank Na
Bought by
Guthrie David

Purchase Details

Listed on
Jan 7, 2020
Closed on
Mar 3, 2020
Sold by
Wells Fargo Bank N A
Bought by
Glithrie David and Lund Sandra
Seller's Agent
Amy Smits
Resort Real Estate Experts
Buyer's Agent
non- member
Non-Member Office
List Price
$955,000
Sold Price
$925,000
Premium/Discount to List
-$30,000
-3.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.53%
Original Mortgage
$878,750
Interest Rate
3.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 4, 2019
Sold by
Leach Brian E and Leach Elizabeth R
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
May 1, 2007
Sold by
Verity John P
Bought by
Leach Brian E and Leach Elizabeth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Special Warranty Deed $1,800,000 Title Company Of The Rockies
Quit Claim Deed -- None Listed On Document
Special Warranty Deed -- Servicelink
Special Warranty Deed $925,000 Servicelink
Quit Claim Deed -- None Available
Deed -- None Available
Warranty Deed $1,900,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 Credit Line Revolving
Previous Owner $878,750 Credit Line Revolving
Previous Owner $878,750 Credit Line Revolving
Previous Owner $1,500,000 Purchase Money Mortgage
Previous Owner $1,000,000 Balloon
Previous Owner $200,000 Credit Line Revolving
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2023 01/03/23 Sold $1,800,000 -10.0% $805 / Sq Ft
10/24/2022 10/24/22 Price Changed $2,000,000 -20.0% $894 / Sq Ft
07/26/2022 07/26/22 For Sale $2,500,000 +170.3% $1,118 / Sq Ft
03/16/2020 03/16/20 Sold $925,000 -3.1% $414 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $955,000 -- $427 / 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 $7,044 $89,640 $45,050 $44,590
2023 $7,044 $79,040 $46,750 $32,290
2022 $5,566 $67,970 $46,910 $21,060
2021 $5,710 $69,920 $48,260 $21,660
2020 $7,006 $89,180 $48,260 $40,920
2019 $7,006 $89,180 $48,260 $40,920
2018 $5,204 $89,810 $48,600 $41,210
2017 $4,905 $65,240 $32,400 $32,840
2016 $4,913 $64,030 $31,840 $32,190
2015 $4,931 $64,030 $31,840 $32,190
2014 $3,661 $50,010 $27,860 $22,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 176187

Aspen Glenwood MLS

APN: R006522