NOT LISTED FOR SALE

406 Ridge Rd Snowmass Village, CO 81615

Estimated Value: $6,973,000 - $9,543,000

5 Beds
6.5 Baths
4,655 Sq Ft
$1,791/Sq Ft Est. Value

Last Sold July 24, 2019

Last sale price $4,000,000 $859 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $45,356/month

277 Days on Market

Highlights

  • Spa
  • Sauna
  • Contemporary Architecture
  • Aspen Middle School Rated A-
  • Green Building
  • Main Floor Primary Bedroom

About This Home

As of July 2019

: All new interior paint makes this gem of a property really shine! Studs-in remodel by the owner for the owner, only the highest quality materials used to create this resort like living in the mountains. All new windows, roof, electrical, plumbing, 5000 sq ft of heated driveways and patios. Stunning private setting with multiple flower beds, winter views of Daly. The open floor plan allows for entertaining large groups or creating small intimate get togethers. Four fireplaces, two wood burning and two gas. Wine cellar, hot tub, sauna and steam room complete the resort feeling of this home. Seller has moved and is ready to hand over this one of a kind property to a new owner.

Last Agent to Sell the Property

Michelle Sullivan

Christie's International Real Estate Aspen Snowmass Brokerage Phone: (970) 544-5800 License #FA000935805 Listed on: 12/19/2018

Christie's International Real Estate Aspen Snowmass

Last Buyer's Agent

Thomas Melberg

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #EA196381

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,659

Year Built

  • Built in 1973

Lot Details

  • 0.75 Acre Lot
  • Home has East and West Exposure
  • Corner Lot
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Membrane Roofing
  • Metal Roof
  • Metal Siding
  • Stucco Exterior

Interior Spaces

  • 4,655 Sq Ft Home
  • 3-Story Property
  • Furnished
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Sauna
  • Walk-Out Basement
  • Property Views

Kitchen

  • Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Low Flow Toliet
  • Steam Shower

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Green Building
  • Energy-Efficient Thermostat

Outdoor Features

  • Spa
  • Patio

Location

  • Mineral Rights Excluded

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 273301402016

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include sewer
  • Ridge Run Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,659

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.75
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Stove Top, Microwave, Dishwasher
  • Subdivision Name: Ridge Run
  • Directions: Brush Creek Rd to Faraway Rd, Left on Faraway to Ridge, Right on Ridge to property on the right.
  • Above Grade Finished Sq Ft: 4655.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1973
  • Tax Parcel Letter: R002006
  • Attribution Contact: (970) 544-5800
  • 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: 8659.0
  • Financing Info:Tax Year2: 2018
  • Extras:Hot TubSpa: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Condition:Excellent: Yes
  • Roof:Membrane: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 4655.0
  • Extras:Sauna: Yes
  • Unit Faces:East: Yes
  • Unit Faces:West: Yes
  • Exterior:Stucco: Yes
  • Substructure:Walkout: Yes
  • Inclusions:Oven: Yes
  • Water Efficiency:Low Flow Toilets: Yes
  • Inclusions:Stove Top: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Exterior:Metal2: Yes
  • Energy Efficiency:Progrmble Thermostat: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 4
  • Fireplace: Yes
  • Living Area: 4655.0
  • Fireplace:Gas: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Corner Lot, Landscaped
  • Construction Type: Stucco, Frame
  • Property Condition: Excellent
  • Roof: Metal, Membrane
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car
  • General Info:Garage SqFt: 440.0

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Corner Lot: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 32670.0
  • Parcel #: 273301402016
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Low Flow Toilets

Tax Info

  • Tax Annual Amount: 8659.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2018
Closed on
Jul 23, 2019
Sold by
Stpehen M Vance 2017 Trust
Bought by
3 Lights Colorado Llc
Seller's Agent
Michelle Sullivan
Christie's International Real Estate Aspen Snowmass
Buyer's Agent
Thomas Melberg
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$4,590,000
Sold Price
$4,000,000
Premium/Discount to List
-$590,000
-12.85%
Current Estimated Value
$8,336,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,336,270
Avg. Annual Appreciation
12.45%
Original Mortgage
$2,300,000
Outstanding Balance
$2,015,005
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$6,321,265

Purchase Details

Closed on
Apr 2, 2018
Sold by
Vance Stephen M
Bought by
The Stephens M Vance 2017 Trust

Purchase Details

Closed on
Dec 16, 2004
Sold by
Ridge Run Two Lot 14 Llc
Bought by
Vance Stephen M
Source: Public Records

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
3 Lights Colorado Llc $4,000,000 Attornerys Title Agcy Of Or
The Stephens M Vance 2017 Trust -- None Available
Vance Stephen M $1,617,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3 Lights Colorado Llc $2,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2019 07/24/19 Sold $4,000,000 -12.9% $859 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
08/30/2018 08/30/18 For Sale $4,590,000 -- $986 / 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 $19,627 $437,070 $185,370 $251,700
2023 $19,627 $444,010 $188,310 $255,700
2022 $11,577 $227,390 $91,570 $135,820
2021 $11,771 $233,930 $94,200 $139,730
2020 $8,485 $167,090 $85,090 $82,000
2019 $8,485 $167,090 $85,090 $82,000
2018 $9,083 $168,260 $85,680 $82,580
2017 $8,659 $175,020 $73,440 $101,580
2016 $8,666 $175,630 $67,660 $107,970
2015 $7,765 $175,490 $67,660 $107,830
2014 $7,432 $166,300 $98,110 $68,190
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michelle Sullivan

    Christie's International Real Estate Aspen Snowmass

    (970) 366-0168

    4 in this area

    22 Total Sales

    Michelle Sullivan
    Section Image
  • Thomas Melberg

    Buyer's Agent in 2019

    Thomas Melberg

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 379-1297

    16 in this area

    38 Total Sales

    Thomas Melberg
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 155909

Aspen Glenwood MLS

APN: R002006

Colorado Pitkin County Snowmass Village 81615

406 Ridge Rd, Snowmass Village, CO

This home is located at 406 Ridge Rd, Snowmass Village, CO 81615 since 19 December 2018 and is currently estimated at $8,336,270, approximately $1,790 per square foot. This property was built in 1973. 406 Ridge Rd is a home located in Pitkin County with nearby schools including Aspen Elementary School, Aspen Middle School, and Aspen High School.

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.

Aspen Glenwood MLS 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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