NOT LISTED FOR SALE

Estimated Value: $8,186,000 - $8,747,000

5 Beds
5.5 Baths
5,125 Sq Ft
$1,668/Sq Ft Est. Value

Last Sold January 10, 2023

Last sale price $5,800,000 $1,132 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $46,825/month

165 Days on Market

Highlights

  • Ski Accessible
  • Spa
  • Green Building
  • Aspen Middle School Rated A-
  • Sauna
  • Main Floor Primary Bedroom

About This Home

As of January 2023

Rare view home perched on nearly an acre above Snowmass Village on the desirable East side of the Ridge Run neighborhood. Ideally situated amongst Aspen and Pine trees, the timeless mountain estate creates a feeling of privacy and expansiveness that extends beyond the boundaries of its acreage. An open floorplan encourages entertaining and flows to an elevated deck, walkout patio with spa and flat yard. A porte-cochere introduces the home, where towering ceilings and a wall of windows allow you to take in breathtaking views toward Aspen and Hunter Creek Valley. Natural light and views beam from every room. The main level primary suite and four ensuite bedrooms downstairs have been arranged with common spaces in between, making it ideal for gatherings of friends and family.A lower-level game room, sauna, extra storage areas and a long list of amenities complete the home. Hike, run or bike in the summer via the Tom Blake Trail. You're only minutes from Snowmass Base Village. A lower-level game room, sauna, extra storage areas and a long list of amenities complete the home. Hike, run or bike in the summer via the Tom Blake Trail. You're only minutes from Snowmass Base Village.

Last Agent to Sell the Property

Matthew Tate

Coldwell Banker Mason Morse-SMV Brokerage Phone: (970) 923-7700 License #ER100017017 Listed on: 05/15/2022

Coldwell Banker Mason Morse-SMV

Last Buyer's Agent

Erik Berg

ENGEL & VOLKERS License #ER.040043847

ENGEL & VOLKERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,872

Year Built

  • Built in 1987

Lot Details

  • 0.92 Acre Lot
  • East Facing Home
  • Interior Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 5,125 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Wood Burning Fireplace
  • Window Treatments
  • Sauna
  • Property Views

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Crawl Space

Parking

  • 2 Car Garage
  • Carport

Outdoor Features

  • Spa
  • Patio

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Water Rights Not Included

Additional Features

  • Green Building
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273506304015

Community Details

Overview

  • Association fees include sewer
  • Ridge Run Subdivision

Recreation

  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,872

Year Built

Built in 1987

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.92
  • Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Stove Top, Range, Microwave, Dishwasher
  • Subdivision Name: Ridge Run
  • Directions: Brush Creek Road to Faraway Road. Left on Faraway Road. Follow Faraway Road to Ermine Lane. Left on Ermine Lane. The home is on the left.
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1987
  • Tax Parcel Letter: R002370
  • Attribution Contact: (970) 923-7700
  • Location Info:Furnished: Partial
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • 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: 2.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 12872.08
  • Financing Info:Tax Year2: 2022
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Lawn Sprinklers: Yes
  • Substructure:Crawl Space: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Extras:Sauna: Yes
  • General Info:Unit Faces: East
  • Style:Two Story: Yes
  • Substructure:Finished Basement: Yes
  • Substructure:Walkout: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Freezer: Yes
  • Inclusions:Stove Top: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Carport:_one_ Car: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 150.0
  • Special Features: VirtualTour

Interior Features

  • Furnished: Partially
  • Has Basement: Walk-Out Access, Finished, Crawl Space
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 5125.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Interior Lot
  • Construction Type: Wood Siding, Frame
  • Direction Faces: East
  • Property Condition: Excellent
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car
  • General Info:Garage SqFt: 573.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 150.0
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Interior Lot: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Ski Out Access: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 40075.2
  • Parcel #: 273506304015
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12872.08
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2022
Closed on
Jan 10, 2023
Sold by
Hague Bruce R
Bought by
36 Ermine Llc
Seller's Agent
Matthew Tate
Coldwell Banker Mason Morse-SMV
Buyer's Agent
Erik Berg
ENGEL & VOLKERS
List Price
$7,250,000
Sold Price
$5,800,000
Premium/Discount to List
-$1,450,000
-20%
Views
46
Current Estimated Value
$8,549,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,749,988
Avg. Annual Appreciation
14.98%
Original Mortgage
$2,800,000
Outstanding Balance
$2,464,383
Interest Rate
5.9%
Mortgage Type
New Conventional
Estimated Equity
$6,085,605

Purchase Details

Closed on
Apr 18, 2018
Sold by
Shinnecock Ii Inc
Bought by
Hague Bruce R and Hague Jamie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 22, 2015
Sold by
Hague Bruce R and Clifford Robert A
Bought by
Shinnecock Ii Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
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
36 Ermine Llc $5,800,000 Land Title
Hague Bruce R -- Title Source
Shinnecock Ii Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 36 Ermine Llc $2,800,000
Previous Owner Hague Bruce R $2,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2023 01/10/23 Sold $5,800,000 -20.0% $1,132 / Sq Ft
05/14/2022 05/14/22 For Sale $7,250,000 -- $1,415 / 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 $19,390 $431,810 $245,800 $186,010
2023 $19,390 $438,710 $249,730 $188,980
2022 $12,660 $248,660 $132,050 $116,610
2021 $12,872 $255,820 $135,850 $119,970
2020 $11,396 $224,410 $121,550 $102,860
2019 $11,396 $224,410 $121,550 $102,860
2018 $12,268 $225,980 $122,400 $103,580
2017 $11,696 $236,390 $108,000 $128,390
2016 $11,391 $230,840 $103,480 $127,360
2015 $10,214 $230,840 $103,480 $127,360
2014 $10,263 $229,660 $143,280 $86,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 174992

Aspen Glenwood MLS

APN: R002370