NOT LISTED FOR SALE

376 Draw Dr Aspen, CO 81611

Estimated Value: $2,803,000 - $11,827,996

4 Beds
3.5 Baths
2,480 Sq Ft
$2,986/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $11,795,000 $4,756 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $43,718/month

522 Days on Market

Highlights

  • 1.4 Acre Lot
  • Main Floor Primary Bedroom
  • Views
  • Aspen Middle School Rated A-
  • Furnished
  • Patio

About This Home

As of January 2024

A unique opportunity to own a charming lower Red Mountain home graciously situated at the end of Draw Drive. Four bedrooms, three and a half baths, and a separate three-car garage, all strategically positioned on an expansive 1.4-acre parcel capturing breathtaking panoramic vistas. Whether you envision embracing the residence as it stands, expanding the existing footprint, or rebuilding from the ground up, this property offers an unparalleled location, views, and proximity to downtown Aspen. Ability to build up to 12,914 sqft with 3 TDRs. Each pavilion is constructed from climate-positive mass timber, a carbon sequestering material designed to the highest net-zero and passive house energy standards to create a house that can be self-sufficient.

Last Agent to Sell the Property

Steven Shane

Compass Aspen Brokerage Phone: 970-925-6063 License #ER040002675 Listed on: 10/03/2023

Compass Aspen

Last Buyer's Agent

Tommy Kanarellis

Compass Aspen License #100100561

Compass Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,263

Year Built

  • Built in 1974

Lot Details

  • 1.4 Acre Lot
  • South Facing Home
  • Fence is in average condition
  • Landscaped with Trees
  • Property is in average condition

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

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

Interior Spaces

  • 2,480 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Walk-Out Basement
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Utilities

  • No Cooling
  • Heating Available
  • Water Rights Not Included

Additional Features

  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273501404005

Community Details

Overview

  • Association fees include sewer, snow removal, ground maintenance
  • Ridge Of Red Mountain Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,263

Year Built

Built in 1974

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.4
  • Subdivision Name: Ridge of Red Mountain
  • Directions: From Red Mountain Road, turn left onto Draw Drive. Property will be on the left.
  • Architectural Style: Other
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1974
  • Tax Parcel Letter: R003164
  • Attribution Contact: 970-925-6063
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: 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: 3.0
  • Financing Info:Taxes2: 10263.2
  • Financing Info:Tax Year2: 2022
  • Extras:PatioDeck: Yes
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Exterior:Wood Siding: Yes
  • Water Rights:No3: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • Condition:Average: Yes
  • General Info:Unit Faces: South
  • Substructure:Walkout: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 896.0
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2480.0
  • Style Other: Yes

Exterior Features

  • Construction Type: Wood Siding, Frame
  • Direction Faces: South
  • Property Condition: Average
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 3 Car
  • General Info:Garage SqFt: 864.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 896.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 896.0
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer, Snow Removal, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 60984.0
  • Parcel #: 273501404005
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10263.2
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Jan 25, 2024
Sold by
Nathaniel B Bates Trust
Bought by
Flikerski Adam and Flikerski Allison
Seller's Agent
Steven Shane
Compass Aspen
Buyer's Agent
Tommy Kanarellis
Compass Aspen
List Price
$12,900,000
Sold Price
$11,795,000
Premium/Discount to List
-$1,105,000
-8.57%
Current Estimated Value
$8,224,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,570,871
Avg. Annual Appreciation
-21.05%
Original Mortgage
$7,000,000
Outstanding Balance
$1,743,427
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$5,661,072

Purchase Details

Listed on
Oct 3, 2023
Closed on
Jan 24, 2024
Sold by
Flikerski Adam and Flikerski Allison
Bought by
Flikerski Investments Llc
Seller's Agent
Steven Shane
Compass Aspen
Buyer's Agent
Tommy Kanarellis
Compass Aspen
List Price
$12,900,000
Sold Price
$11,795,000
Premium/Discount to List
-$1,105,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Outstanding Balance
$1,743,427
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$5,661,072

Purchase Details

Closed on
Dec 23, 2021
Sold by
Nathaniel B Bates Trust
Bought by
Bates Property Investments Llc

Purchase Details

Closed on
Oct 23, 2021
Sold by
Nathaniel B Bates Trust
Bought by
Bates Roperty Investments Llc

Purchase Details

Closed on
Mar 25, 2003
Sold by
Bates Nathaniel B
Bought by
Nathaniel B Bates Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Flikerski Adam $11,795,000 Land Title Guarantee
Flikerski Investments Llc -- None Listed On Document
Bates Property Investments Llc $500 None Listed On Document
Bates Roperty Investments Llc -- None Available
Nathaniel B Bates Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flikerski Adam $7,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2024 01/25/24 Sold $11,795,000 -8.6% $4,756 / Sq Ft
10/03/2023 10/03/23 For Sale $12,900,000 +9.4% $5,202 / Sq Ft
09/08/2023 09/08/23 Off Market $11,795,000 -- --
06/30/2023 06/30/23 Price Changed $12,900,000 +7.5% $5,202 / Sq Ft
02/07/2023 02/07/23 Price Changed $12,000,000 -31.4% $4,839 / Sq Ft
04/27/2022 04/27/22 For Sale $17,500,000 -- $7,056 / 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 $12,777 $450,900 $398,740 $52,160
2023 $12,777 $457,980 $405,000 $52,980
2022 $10,263 $331,140 $305,800 $25,340
2021 $10,236 $340,670 $314,600 $26,070
2020 $9,186 $298,590 $271,700 $26,890
2019 $8,966 $298,590 $271,700 $26,890
2018 $7,868 $300,680 $273,600 $27,080
2017 $6,835 $263,090 $237,600 $25,490
2016 $6,347 $240,900 $222,880 $18,020
2015 $6,307 $240,900 $222,880 $18,020
2014 $6,643 $247,560 $230,840 $16,720
Source: Public Records

Agents Affiliated with this Home

  • Steven Shane

    Seller's Agent in 2024

    Steven Shane

    Compass Aspen

    (970) 925-6063

    80 in this area

    127 Total Sales

    Steven Shane
    Section Image

  • T

    Buyer's Agent in 2024

    Tommy Kanarellis

    Compass Aspen

    2 in this area

    3 Total Sales

    Tommy Kanarellis
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 174731

Aspen Glenwood MLS

APN: R003164

Colorado Pitkin County Aspen 81611

376 Draw Dr, Aspen, CO

Not Listed for Sale

Detached

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