Seller's Agent in 2024
Steven Shane
Compass Aspen
(970) 925-6063
79 in this area
128 Total Sales
Estimated Value: $6,523,000 - $12,178,206
4
Beds
3.5
Baths
2,480
Sq Ft
$3,800/Sq Ft
Est. Value
Highlights
- 1.4 Acre Lot
- Main Floor Primary Bedroom
- Views
- Aspen Middle School Rated A-
- Furnished
- Patio
About This Home
As of January 2024A 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
Compass Aspen Brokerage Phone: 970-925-6063 License #ER040002675 Listed on: 10/03/2023
Last Buyer's Agent
Tommy Kanarellis
Compass Aspen License #100100561
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
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
Oct 3, 2023
Closed on
Jan 25, 2024
Sold by
Bought by
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%
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,371,948
Avg. Annual Appreciation
-9.04%
Original Mortgage
$7,000,000
Outstanding Balance
$1,498,660
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$7,924,392
Purchase Details
Listed on
Oct 3, 2023
Closed on
Jan 24, 2024
Sold by
Bought by
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%
Views
11
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
$1,498,660
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$7,924,392
Purchase Details
Closed on
Dec 23, 2021
Sold by
Bought by
Purchase Details
Closed on
Oct 23, 2021
Sold by
Bought by
Purchase Details
Closed on
Mar 25, 2003
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $11,795,000 | Land Title Guarantee | ||
| -- | None Listed On Document | ||
| $500 | None Listed On Document | ||
| -- | 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 | $7,000,000 |
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 |
|---|---|---|---|---|
| 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
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 | $20,832 | $638,120 | $593,750 | $44,370 |
| 2024 | $20,832 | $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
-
T
Buyer's Agent in 2024
Tommy Kanarellis
Compass Aspen
Map
Source: Aspen Glenwood MLS
MLS Number: 174731
APN: R003164
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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