NOT LISTED FOR SALE

4070 Lower River Rd Unit 1 Snowmass, CO 81654

Estimated Value: $560,714 - $807,000

1 Bed
1 Bath
642 Sq Ft
$400/mo HOA Fee

Last Sold September 25, 2020

Last sale price $340,000 $530 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,309/month

78 Days on Market

Highlights

  • River Front
  • Views
  • Laundry Facilities
  • Main Floor Primary Bedroom
  • Landscaped with Trees
  • Northwest Facing Home

About This Home

As of September 2020

Here's your chance to get into the Aspen/Snowmass market! Spacious 1 bedroom, 1 bathroom corner unit, overlooking the Roaring Fork River. Close proximity to both Aspen and Basalt, on the convenient side of the river. This is a great opportunity to own in the upper Roaring Fork Valley or to invest in an income producing property.

Last Listed By

Andrew Myatt

Aspen Snowmass Sotheby's International Realty - Durant Brokerage Phone: (970) 925-1100 License #FA100052112 Listed on: 05/21/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $642

Year Built

  • Built in 1964

Lot Details

  • River Front
  • Northwest Facing Home
  • Landscaped with Trees

HOA Fees

  • $400 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 642 Sq Ft Home
  • 1-Story Property
  • Property Views

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • No Garage
  • 1 Car Parking Space

Utilities

  • No Cooling
  • Heating Available
  • Natural Gas Not Available
  • Water Rights Not Included
  • Well
  • Cable TV Available

Additional Features

  • Storage Shed
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 264306203001

Community Details

Overview

  • Association fees include insurance, trash, sewer, ground maintenance
  • Rivers Bend Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$642

Year Built

Built in 1964

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Rivers Bend
  • Directions: Lower River Road 1 mile to Rivers Bend, just below second Woody Creek turn off, Gerbaz Way, when headed down valley from Aspen on Highway 82.
  • Architectural Style: Other
  • Master Model: No
  • Year Built: 1964
  • Tax Parcel Letter: R018523
  • Attribution Contact: (970) 925-1100
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: MF
  • General Info:Main Floor Master: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • General Info:Levels: 1.0
  • Financing Info:Taxes2: 641.6
  • Financing Info:Tax Year2: 2019
  • Extras:Landscaping: Yes
  • Exterior:Wood Siding: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Sewer2: Yes
  • HOA Fees Includes:Trash: Yes
  • Extras:Storage Shed: Yes
  • Gas:None3: Yes
  • Water:Well - Household: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 4800.0
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 642.0
  • Style Other: Yes

Exterior Features

  • Lot Features: Landscaped
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Wood Siding, Frame
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 Car
  • Keywords Info:Garage: None
  • Parking Area:_one_ Car2: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Well - Household
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Renter
  • Association Fee: 4800.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 4800.0
  • Financing Info:Association Fee Frequency2: Annually
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:River Frontage: Yes

Fee Information

  • Association Fee Includes: Insurance, Trash, Sewer, Maintenance Grounds

Lot Info

  • Parcel #: 264306203001
  • Zoning: MF

Tax Info

  • Tax Annual Amount: 641.6
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Sep 22, 2020
Sold by
Campbell Martha
Bought by
Loboda Vitaliy and Yukhtenko Anastasia
Seller's Agent
Andrew Myatt
Aspen Snowmass Sotheby's International Realty - Durant
Buyer's Agent
Andrew Myatt
Aspen Snowmass Sotheby's International Realty - Durant
List Price
$375,000
Sold Price
$340,000
Premium/Discount to List
-$35,000
-9.33%
Total Days on Market
78
Current Estimated Value
$685,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,929
Avg. Annual Appreciation
16.57%
Original Mortgage
$272,000
Outstanding Balance
$244,647
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$446,954

Purchase Details

Listed on
Nov 14, 2014
Closed on
May 21, 2015
Sold by
Tuna Dennis
Bought by
Campbell Martha
Seller's Agent
Peter Kelley
Coldwell Banker Mason Morse-Aspen
Buyer's Agent
Andrew Myatt
Aspen Snowmass Sotheby's International Realty - Durant
List Price
$249,000
Sold Price
$247,000
Premium/Discount to List
-$2,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$197,600
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2005
Sold by
Woody Creek Ventures Llc
Bought by
Warren Russell F and Warren Francesca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,860,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 31, 2002
Sold by
Wildbrook Ltd Liability Co
Bought by
Tuma Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
5.87%

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
Loboda Vitaliy $340,000 Land Title Guarantee Co
Campbell Martha $247,000 None Available
Warren Russell F $5,250,000 --
Tuma Dennis $195,000 Stewart Title Of Aspen Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loboda Vitaliy $272,000
Previous Owner Campbell Martha $197,600
Previous Owner Tuma Dennis $215,000
Previous Owner Warren Russell F $2,860,000
Previous Owner Tuma Dennis $46,700
Previous Owner Tuma Dennis $185,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $340,000 -9.3% $530 / Sq Ft
08/08/2020 08/08/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $375,000 +51.8% $584 / Sq Ft
05/21/2015 05/21/15 Sold $247,000 -0.8% $385 / Sq Ft
04/07/2015 04/07/15 Pending -- -- --
11/14/2014 11/14/14 For Sale $249,000 -- $388 / 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 $1,267 $44,130 $0 $44,130
2023 $1,267 $47,260 $0 $47,260
2022 $713 $22,590 $0 $22,590
2021 $711 $23,240 $0 $23,240
2020 $642 $20,920 $0 $20,920
2019 $642 $20,920 $0 $20,920
2018 $662 $21,070 $0 $21,070
2017 $574 $21,590 $0 $21,590
2016 $570 $21,010 $0 $21,010
2015 $567 $21,010 $0 $21,010
2014 $501 $18,140 $0 $18,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 164321

Aspen Glenwood MLS

APN: R018523