NOT LISTED FOR SALE

44 Pitkin Way Aspen, CO 81611

Estimated Value: $7,101,000 - $29,759,367

4 Beds
6 Baths
7,473 Sq Ft
$2,466/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $30,000,000 $4,014 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $107,845/month

42 Days on Market

Highlights

  • Spa
  • River Front
  • Contemporary Architecture
  • Aspen Middle School Rated A-
  • 0.84 Acre Lot
  • Main Floor Primary Bedroom

About This Home

As of August 2022

The best of the best. This beautifully remodeled home is located on the exclusive Pitkin Way. Enjoy views of Aspen Mountain, Highlands and Buttermilk. You also have direct access to the Rio Grande Trail, sounds of the Roaring Fork River and all day sunshine via south facing views. The wrap around patio is perfect for summer grilling and entertaining. The entire lower level walks out to large patios, a hot tub and path that leads directly to the Rio Grande Trail.


The adjacent vacant lot, 42 Pitkin Way, is also available to create your one-off Aspen compound.

Last Agent to Sell the Property

Riley Warwick

Douglas Elliman Real Estate-Durant Brokerage Phone: (970) 925-8810 License #FA100054819 Listed on: 06/15/2022

Douglas Elliman Real Estate-Durant

Co-Listed By

Joshua Saslove

Douglas Elliman Real Estate-Durant Brokerage Phone: (970) 925-8810 License #ER.224491

Last Buyer's Agent

Chris Souki

Compass Aspen License #FA100022800

Compass Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,130

Year Built

  • Built in 1998

Lot Details

  • 0.84 Acre Lot
  • River Front
  • South Facing Home
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 7,473 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Spa
  • Patio
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 273501407005

Community Details

Overview

  • No Home Owners Association
  • Association fees include sewer, snow removal
  • Red Mountain Subdivision

Recreation

  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,130

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.84
  • Co List Office Mls Id: DougEll-Durant
  • Co List Office Phone: 970-925-8810
  • Subdivision Name: Red Mountain
  • Directions: From Willoughby Way, turn left onto Pitkin Way. House is on your left.
  • Architectural Style: Other, Contemporary
  • Master Model: No
  • New Construction: No
  • Year Built: 1998
  • Tax Parcel Letter: R010635
  • Attribution Contact: (970) 925-8810
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: Yes
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 43129.63
  • Financing Info:Tax Year2: 2022
  • Extras:Hot TubSpa: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Condition:Excellent: Yes
  • Substructure:Slab: Yes
  • Extras:Lawn Sprinklers: Yes
  • Roof:Composition Shingles: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • General Info:Unit Faces: South
  • Cooling:Central AC: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Extras:Storage Shed: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 7473.0
  • Fireplace:Gas: Yes
  • Style Other: Yes

Exterior Features

  • Lot Features: Landscaped
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Other, Wood Siding, Stone Veneer, Frame
  • Direction Faces: South
  • Foundation Details: Slab
  • Property Condition: Excellent
  • Roof: Composition
  • Construction:Frame: Yes
  • Construction:Other6: Yes

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Association/Amenities

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

Fee Information

  • Association Fee Includes: Sewer, Snow Removal

Lot Info

  • Lot Size Sq Ft: 36950.4
  • Parcel #: 273501407005
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 43129.63
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 29, 2022
Sold by
William Wrigley Jr Residuary Trust
Bought by
Alpia 44 Trust
Seller's Agent
Riley Warwick
Douglas Elliman Real Estate-Durant
Buyer's Agent
Chris Souki
Compass Aspen
List Price
$32,250,000
Sold Price
$30,000,000
Premium/Discount to List
-$2,250,000
-6.98%
Total Days on Market
42
Current Estimated Value
$18,430,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,569,816
Avg. Annual Appreciation
-16.02%

Purchase Details

Closed on
Mar 12, 2004
Sold by
Susz Mark A
Bought by
Wrigley William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Alpia 44 Trust $30,000 --
Wrigley William $8,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wrigley William $4,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Sold $30,000,000 -7.0% $4,014 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $32,250,000 -- $4,316 / 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 $58,565 $1,781,450 $1,203,510 $577,940
2023 $58,565 $2,388,230 $1,217,190 $1,171,040
2022 $43,316 $1,181,500 $785,350 $396,150
2021 $43,130 $1,215,500 $807,950 $407,550
2020 $42,149 $1,179,750 $786,500 $393,250
2019 $42,149 $1,179,750 $786,500 $393,250
2018 $39,450 $1,368,910 $792,000 $576,910
2017 $34,808 $1,272,730 $734,400 $538,330
2016 $34,981 $1,077,230 $772,120 $305,110
2015 $34,530 $1,077,230 $772,120 $305,110
2014 $36,296 $1,082,120 $756,200 $325,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 175501

Aspen Glenwood MLS

APN: R010635