NOT LISTED FOR SALE

440 N 5th St Aspen, CO 81611

Estimated Value: $9,891,000 - $14,446,577

4 Beds
6 Baths
5,265 Sq Ft
$2,311/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $10,800,000 $2,051 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $69,361/month

237 Days on Market

Highlights

  • Spa
  • Green Building
  • Steam Shower
  • Aspen Middle School Rated A-
  • Main Floor Primary Bedroom
  • Furnished

About This Home

As of May 2021

Unique opportunity to own a corner lot home in Aspen's coveted West End. This current four-bedroom home can easily be converted back to five bedrooms. Great south facing outside deck off the great room and additional outdoor space throughout. Family-friendly floorplan features an open kitchen, family room, great room, and office. Lower level features a second entertaining area complete with bar, wine cellar, media room, and pool table.

Last Agent to Sell the Property

Steven Shane

Compass Aspen Brokerage Phone: 970-925-6063 License #ER040002675 Listed on: 08/18/2020

Compass Aspen

Last Buyer's Agent

Bubba and Tracy Eggleston

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA40035658

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,954

Year Built

  • Built in 2005

Lot Details

  • 6,000 Sq Ft Lot
  • Southwest Facing Home
  • Southern Exposure
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Brick or Stone Mason
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • 5,265 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Gas Fireplace
  • Window Treatments
  • Home Security System
  • Property Views
  • Finished Basement

Kitchen

  • Oven
  • Stove
  • Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Green Building
  • Mineral Rights Excluded

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer

Listing and Financial Details

  • Assessor Parcel Number 273512497001

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,954

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Stove Top, Range, Dishwasher
  • Subdivision Name: None
  • Directions: Head West on Main St. Take a right on Fifth St. Home is on your right at the intersection of Fifth St and W Smuggler St.
  • Architectural Style: Other
  • Master Model: No
  • New Construction: No
  • Year Built: 2005
  • Tax Parcel Letter: R015309
  • Attribution Contact: 970-925-6063
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: Yes
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 3.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 23954.2
  • Financing Info:Tax Year2: 2019
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Extras:Elevator: Yes
  • General Info:LvHtSqFt (Blw Grnd): 2183.0
  • Unit Faces:South: Yes
  • Unit Faces:West: Yes
  • Exterior:Stucco: Yes
  • Substructure:Finished Basement: Yes
  • Inclusions:Oven: Yes
  • Cooling:Central AC: Yes
  • Inclusions:Freezer: Yes
  • Inclusions:Stove Top: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Finished
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2183.0
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Elevator
  • Living Area: 5265.0
  • Fireplace:Gas: Yes
  • Style Other: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Stone Veneer, Stucco, Stone, Frame
  • Property Condition: Excellent
  • Roof: Composition
  • Construction:Frame: Yes
  • Construction:Stone: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Building Features: Yes
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Hot Water, Natural Gas, Forced Air
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: 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:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 6000.0
  • Parcel #: 273512497001
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 23954.2
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Apr 30, 2021
Sold by
Jemal Norman and Jemal Morris Matthew
Bought by
Sunny Mountain Llc
Seller's Agent
Steven Shane
Compass Aspen
Buyer's Agent
Bubba and Tracy Eggleston
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$12,250,000
Sold Price
$10,800,000
Premium/Discount to List
-$1,450,000
-11.84%
Current Estimated Value
$12,168,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,368,789
Avg. Annual Appreciation
1.47%

Purchase Details

Listed on
Jun 2, 2016
Closed on
Nov 10, 2016
Sold by
Mullen Michel
Bought by
Jemal Norman and Jemal Morris Matthew
Seller's Agent
Carrie Wells
CB, The Aspen Broker
Buyer's Agent
Steven Shane
Compass Aspen
List Price
$8,695,000
Sold Price
$8,000,000
Premium/Discount to List
-$695,000
-7.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%

Purchase Details

Closed on
Jan 8, 2007
Sold by
T4 Development Llc
Bought by
Mullen Michel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,037,500
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2004
Sold by
West Smuggler Lot Split Llc
Bought by
T 4 Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,660,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
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
Sunny Mountain Llc $10,800,000 Land Title Guarantee
Jemal Norman $8,020,000 None Available
Mullen Michel $6,575,000 None Available
T 4 Development Llc $2,200,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jemal Norman $5,101,000
Previous Owner Jemal Norman $5,200,000
Previous Owner Mullen Michael L $5,000,000
Previous Owner Mullen Michel $1,010,030
Previous Owner Mullen Michael $6,000,000
Previous Owner Mullen Michael $0
Previous Owner Mullen Michel $35,000
Previous Owner Mullen Michel $5,037,500
Previous Owner T4 Development Llc $5,750,000
Previous Owner T4 Development Llc $0
Previous Owner T4 Development Llc $5,750,000
Previous Owner T 4 Development Llc $2,660,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Sold $10,800,000 -11.8% $2,051 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
08/18/2020 08/18/20 For Sale $12,250,000 +53.1% $2,327 / Sq Ft
11/10/2016 11/10/16 Sold $8,000,000 -8.0% $1,519 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $8,695,000 -- $1,651 / 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 $42,836 $1,302,990 $434,940 $868,050
2023 $42,836 $1,318,330 $440,060 $878,270
2022 $28,085 $766,060 $277,310 $488,750
2021 $27,965 $788,110 $285,290 $502,820
2020 $23,954 $670,480 $262,760 $407,720
2019 $23,954 $670,480 $262,760 $407,720
2018 $23,103 $675,170 $264,600 $410,570
2017 $20,385 $640,910 $257,040 $383,870
2016 $20,679 $636,800 $275,810 $360,990
2015 $20,412 $737,780 $275,810 $461,970
2014 $16,388 $488,590 $267,460 $221,130
Source: Public Records

Agents Affiliated with this Home

  • Steven Shane

    Seller's Agent in 2021

    Steven Shane

    Compass Aspen

    (970) 925-6063

    85 in this area

    135 Total Sales

    Steven Shane
    Section Image

  • B

    Buyer's Agent in 2021

    Bubba and Tracy Eggleston

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 948-7130

    27 in this area

    42 Total Sales

    Bubba and Tracy Eggleston
    Section Image

  • C

    Seller's Agent in 2016

    Carrie Wells

    CB, The Aspen Broker

See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 166088

Aspen Glenwood MLS

APN: R015309

Colorado Pitkin County Aspen 81611

440 N 5th St, Aspen, CO

This home is located at 440 N 5th St, Aspen, CO 81611 since 18 August 2020 and is currently estimated at $12,168,789, approximately $2,311 per square foot. This property was built in 2005. 440 N 5th 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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