NOT LISTED FOR SALE

407 N 3rd St Aspen, CO 81611

Estimated Value: $7,119,000 - $14,769,506

7 Beds
5.5 Baths
3,506 Sq Ft
$2,866/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $18,000,000 $5,134 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $55,110/month

15 Days on Market

Highlights

  • Air Conditioning
  • Patio
  • Wood Siding
  • Aspen Middle School Rated A-
  • Laundry Room
  • Wood Burning Fireplace

About This Home

As of May 2024

City of Aspen Demolition Permit secured for the property! Nestled in Aspen's historic and tranquil West End on 3rd St., this property presents a unique opportunity boasting a generous 12,000 square foot lot, currently with a spacious 7-bedroom, 5.5-bathroom residence. Occupying a corner lot, this property offers ample space for both current enjoyment and future development. The strategic location allows for a short walk to town and a convenient 0.6-mile proximity to The Hotel Jerome. Standing only a block away from the free crosstown shuttle to downtown Aspen only enhances the accessibility of the location. This house in the West End is not only a comfortable abode but also a canvas for your envisioned dream home.

Last Agent to Sell the Property

Tony DiLucia

Christie's International Real Estate Aspen Snowmass Brokerage Phone: (970) 544-5800 License #FA.100021820 Listed on: 03/13/2024

Christie's International Real Estate Aspen Snowmass

Co-Listed By

Nick Lincoln

Christie's International Real Estate Aspen Snowmass Brokerage Phone: (970) 544-5800 License #FA100070207

Last Buyer's Agent

Blake Appleby

Compass Aspen License #FA.100066940

Compass Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,102

Year Built

  • Built in 1966

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R-6

Home Design

  • Split Level Home
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3,506 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Laundry Room
  • Finished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms

Parking

  • Carport
  • No Garage

Utilities

  • Air Conditioning
  • Water Rights

Additional Features

  • Patio
  • Mineral Rights Excluded

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Townsite Of Aspen Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273512413006

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,102

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Co List Office Mls Id: 216506643
  • Co List Office Phone: 970-544-5800
  • Subdivision Name: Townsite of Aspen
  • Directions: Driving East on Main Street, Turn left onto N 3rd Street. 407 will be on the left.
  • Architectural Style: Two Story, Split Level
  • Carport Y N: Yes
  • Master Model: No
  • Year Built: 1966
  • Tax Parcel Letter: R000330
  • Attribution Contact: (970) 544-5800
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-6
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 20101.84
  • Financing Info:Tax Year2: 2023
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Exterior:Wood Siding: Yes
  • Mineral Rights:No2: Yes
  • Style:Two Story: Yes
  • Substructure:Finished Basement: Yes
  • Carport:_two_ Car: Yes
  • Roof:Metal: Yes
  • Cooling:AC: Yes
  • Water Rights:Yes3: Yes
  • Style:Split Level: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Has Basement: Finished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3506.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Type: Wood Siding, Frame
  • Roof: Metal
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: None

Utilities

  • Laundry Features: Inside
  • Cooling: A/C
  • Cooling Y N: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 12000.0
  • Parcel #: 273512413006
  • Zoning: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 20101.84
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
May 31, 2024
Sold by
Five Continents Aspen Realty Corp
Bought by
Sack Ken and Sack Sheri
Seller's Agent
Tony DiLucia
Christie's International Real Estate Aspen Snowmass
Buyer's Agent
Blake Appleby
Compass Aspen
List Price
$18,900,000
Sold Price
$18,000,000
Premium/Discount to List
-$900,000
-4.76%
Views
109
Current Estimated Value
$10,049,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,950,373
Avg. Annual Appreciation
-34.65%

Purchase Details

Closed on
May 27, 2004
Sold by
Charriol Philippe
Bought by
Five Continents Aspen Realty Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,197,000
Interest Rate
2.62%
Mortgage Type
Stand Alone First
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
Sack Ken $18,000,000 Land Title
Five Continents Aspen Realty Corp -- --
Charriol Philippe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Charriol Philippe $1,197,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $18,000,000 -4.8% $5,134 / Sq Ft
03/13/2024 03/13/24 For Sale $18,900,000 -- $5,391 / 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 $21,950 $667,680 $585,600 $82,080
2023 $21,950 $676,870 $593,650 $83,220
2022 $15,592 $425,280 $374,360 $50,920
2021 $15,525 $437,520 $385,130 $52,390
2020 $13,998 $391,800 $354,730 $37,070
2019 $13,998 $391,800 $354,730 $37,070
2018 $13,733 $394,540 $357,210 $37,330
2017 $12,117 $380,980 $347,000 $33,980
2016 $13,321 $410,220 $372,350 $37,870
2015 $13,149 $410,220 $372,350 $37,870
2014 $12,521 $373,300 $351,940 $21,360
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Tony DiLucia

    Christie's International Real Estate Aspen Snowmass

    (970) 544-5800

    6 in this area

    8 Total Sales

    Tony DiLucia
    Section Image

  • N

    Seller Co-Listing Agent in 2024

    Nick Lincoln

    Christie's International Real Estate Aspen Snowmass

    (970) 379-5064

    5 in this area

    6 Total Sales

    Nick Lincoln
    Section Image
  • Blake Appleby

    Buyer's Agent in 2024

    Blake Appleby

    Compass Aspen

    (970) 379-1143

    19 in this area

    61 Total Sales

    Blake Appleby
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 182871

Aspen Glenwood MLS

APN: R000330

Colorado Pitkin County Aspen 81611

407 N 3rd St, Aspen, CO

This home is located at 407 N 3rd St, Aspen, CO 81611 since 13 March 2024 and is currently estimated at $10,049,627, approximately $2,866 per square foot. This property was built in 1966. 407 N 3rd St 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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