NOT LISTED FOR SALE

490 S Riverside Ave Aspen, CO 81611

Aspen Area

Estimated Value: $4,359,000 - $13,269,832

2 Beds
1 Bath
1,096 Sq Ft
$8,042/Sq Ft Est. Value

Sale Details

Date Sold: March 9, 2017

Last sale price $2,670,000 $2,436 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $51,594 / mo

63 Days on Market

Highlights

  • Green Building
  • Views
  • Garage
  • Aspen Middle School Rated A-
  • Landscaped with Trees
  • 5-minute walk to Snyder Park

About This Home

As of March 2017

As acquaintances of Herbert Bayer and Lazo Moholy - Nagy and at the urging of Walter Paepcke, the Richard family acquired this property in the early 50’s. Enjoy straight-on, unobstructed views of Aspen Mountain looking over city owned Anderson Park. You also see Red Mtn , Shadow Mtn, Traynor Ridge and Ute Rock from the property. The view is unique and unlike the cross-valley vistas from Red Mountain. Adjacent to historic Anderson Park and the Roaring Fork River, the property is located on a quiet street away from the fray yet walking distance to the Aspen core. The lot is perfect for a medium sized home in an excellent location with an incredible view.

Last Agent to Sell the Property

Mark Lewis

Aspen Snowmass Properties Listed on: 07/22/2016

Last Buyer's Agent

Sheila Brennan

Urban Aspen Real Estate License #ER100024710

Urban Aspen Real Estate

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,311

Year Built

  • Built in 1952

Lot Details

  • 5,133 Sq Ft Lot
  • Southwest Facing Home
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is in below average condition
  • Property is zoned R-6

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,096 Sq Ft Home
  • 1-Story Property
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Garage
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Water Rights Not Included

Additional Features

  • Green Building
  • Mineral Rights Excluded

Listing and Financial Details

  • Exclusions: Dishwasher, Range, Washer, Refrigerator, Dryer
  • Assessor Parcel Number 273718100026

Community Details

Overview

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

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,311

Year Built

Built in 1952

Lot Details

5,133 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Subdivision Name: Riverside
  • Directions: Main St. to Original St. to Cooper St., travel east out of Aspen. Take 1st right across bridge onto S. Riverside Ave. Property is the second home on the left.
  • Above Grade Finished Sq Ft: 1096.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1952
  • Tax Parcel Letter: R005039
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-6
  • 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: 1.0
  • Financing Info:Taxes2: 4311.28
  • Financing Info:Tax Year2: 2016
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Substructure:Slab: Yes
  • Roof:Membrane: Yes
  • Water Rights:No3: Yes
  • Style:Ranch: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • General Info:LvHtSqFt (Abv Grnd): 1096.0
  • Unit Faces:South: Yes
  • Unit Faces:West: Yes
  • Home Performance Programs:Energy Star Rated: No
  • Condition:Poor: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1096.0

Exterior Features

  • Exclusions: Dishwasher, Range, Washer, Refrigerator, Dryer
  • Construction Type: Other, Block
  • Foundation Details: Slab
  • Property Condition: Poor
  • Roof: Membrane
  • Construction:Concrete Block: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: None
  • Parking Area:_two_ Car2: Yes

Utilities

  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Natural Gas: 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:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 5133.0
  • Parcel #: 273718100026
  • Zoning: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4311.28
  • Tax Year: 2016

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2022
Sold by
Bought by
Current Estimated Value
$8,814,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,550,000
Outstanding Balance
$5,046,328
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$3,768,088

Purchase Details

Listed on
Jul 22, 2016
Closed on
Mar 3, 2017
Sold by
Bought by
Seller's Agent
Mark Lewis
Aspen Snowmass Properties
Buyer's Agent
Sheila Brennan
Urban Aspen Real Estate
List Price
$2,995,000
Sold Price
$2,670,000
Premium/Discount to List
-$325,000
-10.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.53%
Original Mortgage
$1,887,500
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2012
Sold by
Bought by

Purchase Details

Closed on
May 15, 2012
Sold by
Bought by

Purchase Details

Closed on
Apr 11, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 12, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 10, 2012
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Aspen, CO

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- New Title Company Name
$2,670,000 St
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,000,000
Closed $250,000
Open $5,550,000
Previous Owner $1,800,000
Previous Owner $3,500,000
Previous Owner $600,000
Previous Owner $1,887,500
Previous Owner $150,000
Previous Owner $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/09/2017 03/09/17 Sold $2,670,000 -10.9% $2,436 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $2,995,000 -- $2,733 / Sq Ft
Source: Aspen Glenwood MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $38,895 $1,043,110 $265,630 $777,480
2024 $38,895 $1,102,810 $260,430 $842,380
2023 $36,561 $1,116,220 $263,600 $852,620
2022 $20,041 $541,270 $187,650 $353,620
2021 $12,716 $354,830 $193,050 $161,780
2020 $10,537 $291,880 $178,750 $113,130
2019 $6,907 $191,320 $178,750 $12,570
2018 $6,750 $192,660 $180,000 $12,660
2017 $5,959 $185,100 $180,000 $5,100
2016 $4,311 $131,190 $127,360 $3,830
2015 $4,256 $131,190 $127,360 $3,830
2014 $4,471 $131,680 $127,360 $4,320
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 145302

Aspen Glenwood MLS

APN: R005039

Your Personal Tour Guide

Ask me questions while you tour the home.