NOT LISTED FOR SALE

502 Wright Rd Aspen, CO 81611

Estimated Value: $8,085,000 - $44,217,896

3 Beds
2.5 Baths
2,244 Sq Ft
$9,251/Sq Ft Est. Value

Last Sold November 03, 2017

Last sale price $6,350,000 $2,830 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $115,595/month

Highlights

  • 1 Acre Lot
  • No HOA
  • 1-Story Property
  • Aspen Middle School Rated A-

About This Home

As of November 2017

Sold before MLS

Last Agent to Sell the Property

Casey Slossberg

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA100031773 Listed on: 11/07/2017

Last Buyer's Agent

Rod Woelfle

Slifer Smith & Frampton RFV License #FA40034035

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,357

Year Built

  • Built in 1973

Lot Details

  • 1 Acre Lot
  • Property is zoned SINGLE FAM RES

Parking

  • 2 Car Garage

Interior Spaces

  • 2,244 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Community Details

  • No Home Owners Association
  • Red Mountain Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273501401006

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,357

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Subdivision Name: Red Mountain
  • Directions: Red Mtn Rd to Wrights Rd. Property is at the end.
  • Master Model: No
  • Year Built: 1973
  • Tax Parcel Letter: R003561
  • Attribution Contact: (970) 925-6060
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: SINGLE FAM RES
  • Listing Info:REO: No
  • General Info:Levels: 1.0
  • Financing Info:Taxes2: 5356.56
  • Financing Info:Tax Year2: 2016
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 2244.0

Garage/Parking

  • Keywords Info:Garage: 2 Car

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 273501401006
  • Zoning: SINGLE FAM RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5356.56
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2023
Sold by
502 Wrights Road Llc
Bought by
502 Alexander Llc
Current Estimated Value
$20,759,299

Purchase Details

Listed on
Nov 7, 2017
Closed on
Oct 2, 2017
Sold by
Limacher Robert J and Limacher Crispen S
Bought by
502 Wrighs Road Llc
Seller's Agent
Casey Slossberg
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Rod Woelfle
Slifer Smith & Frampton RFV
List Price
$6,350,000
Sold Price
$6,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.84%

Purchase Details

Closed on
Dec 17, 2012
Sold by
Kramer Morris J
Bought by
Gsm Aspen Llc

Purchase Details

Closed on
May 26, 2006
Sold by
Monterossa Llc
Bought by
Kramer Morris J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,340,000
Interest Rate
6.25%
Mortgage Type
Unknown
Source: Public Records

Similar Homes in Aspen, CO

  • 62 Bennett Ct, Aspen, CO 81611

    $25,000,000

    • 5 Beds
    • 4.5 Baths
    • 4,976 Sq Ft
    • 62 Bennett Ct
    • Aspen, CO

    Located in the prestigious Bennett Court enclave of Red Mountain, this exceptional contemporary residence blends luxurious mountain living with the convenience of proximity to town. Originally built in 2016, this 5-bedroom, 5-bathroom home has been extensively reimagined with multimillion-dollar upgrades, transforming it into a true private sanctuary.Set against panoramic mountain views, the

    The McLendon Team Aspen Snowmass Sotheby's International Realty - Hyman Mall

    Section Image
  • 42 Northway Dr, Aspen, CO 81611

    $15,950,000

    • 4 Beds
    • 4.5 Baths
    • 4,217 Sq Ft
    • 42 Northway Dr
    • Aspen, CO

    Discover an unparalleled opportunity in Aspen with this exquisite Montecito-style luxury home, set on a rare 17,263 square foot flat lot on the serene East side, where traffic impacts are non-existent. This stunning 4200 square foot residence is nestled amidst three distinct outdoor yard areas, perfect for exceptional outdoor entertaining. Tucked away on tranquil Northway Drive, the home offers

    Wendalin Whitman Whitman Fine Properties

    Section Image
  • 335 Hall Dr, Aspen, CO 81611

    $18,950,000

    • 4 Beds
    • 3.5 Baths
    • 3,174 Sq Ft
    • 335 Hall Dr
    • Aspen, CO

    This single-family home nestled high on a hilltop above Castle Creek takes in expansive views of the Castle Creek Valley and Highlands Bowl. A quick drive to Aspen, Just 3 minutes from the round-a-bout. Build an additional 5,934 square feet or start fresh with a new 9,829 square foot home. This is truly an idyllic setting for someone looking for a mountain home, but wants to be close to Aspen.

    Katie Grange Aspen Snowmass Sotheby's International Realty-Snowmass Village

    Section Image
  • 175 White Horse Springs Ln, Aspen, CO 81611

    $16,750,000

    • 4 Beds
    • 4 Baths
    • 7,134 Sq Ft
    • 175 White Horse Springs Ln
    • Aspen, CO

    Experience the perfect blend of iconic design and mountain charm in this stunning 4-bedroom, all above-grade, with a few steps throughout the custom ranch-style home. Inspired by the timeless architectural style of Frank Lloyd Wright, the home features clean lines, natural materials, and a seamless connection to its breathtaking surroundings. Nestled on 6.5 private acres, this retreat offers

    Erik Berg ENGEL & VOLKERS

    Section Image
  • 1833 W Buttermilk Rd, Aspen, CO 81611

    $19,500,000

    • 3 Beds
    • 3.5 Baths
    • 3,016 Sq Ft
    • 1833 W Buttermilk Rd
    • Aspen, CO

    WEST BUTTERMILK ESTATE- Development Opportunity - This stunning 36.5-acre property, located in the highly sought-after West Buttermilk area, offers the perfect Colorado Mountain canvas to build your dream estate. With two approved homesites and a barn, the possibilities are as expansive as the views. Just minutes from both downtown Aspen and Snowmass Village ski resort, the property is set

    Christopher Wyckoff Coldwell Banker Mason Morse-Willits

    Section Image
  • 1894 Castle Creek Rd, Aspen, CO 81611

    $18,875,000

    • 5 Beds
    • 4.5 Baths
    • 4,605 Sq Ft
    • 1894 Castle Creek Rd
    • Aspen, CO

    River Frontage and unequalled privacy just minutes to Aspen. Your experience starts as you cross the private bridge to your new residence. From the moment you pass over the river every bit of this property welcomes you home.Heavily treed protection allows for ultimate privacy. Surrounded by the river on 3 sides, the house is engulfed by the sounds of Castle Creek year 'round. Great southern

    BassWogan Team Compass Aspen

    Section Image
See All Homes in Aspen

Range of Values:

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
502 Alexander Llc $42,250,000 Land Title
502 Wrighs Road Llc $6,350,000 Title Co The Rockies
Gsm Aspen Llc $6,000,000 Stewart Title
Kramer Morris J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 502 Wrights Road Llc $17,250,000
Previous Owner 502 Wrights Road Llc $2,500,000
Previous Owner Kramer Morris J $4,340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2017 11/07/17 For Sale $6,350,000 0.0% $2,830 / Sq Ft
11/03/2017 11/03/17 Sold $6,350,000 -- $2,830 / Sq Ft
08/04/2017 08/04/17 Pending -- -- --
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 $65,100 $2,263,260 $568,580 $1,694,680
2023 $65,100 $778,950 $574,270 $204,680
2022 $19,890 $628,280 $486,500 $141,780
2021 $15,361 $500,500 $500,500 $0
2020 $13,638 $443,300 $443,300 $0
2019 $13,966 $453,950 $443,300 $10,650
2018 $6,023 $457,130 $446,400 $10,730
2017 $5,039 $195,870 $187,200 $8,670
2016 $5,357 $204,560 $199,000 $5,560
2015 $5,323 $204,560 $199,000 $5,560
2014 $5,647 $211,640 $206,960 $4,680
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Casey Slossberg

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 925-6060

    2 in this area

    14 Total Sales

    Casey Slossberg
    Section Image
  • Rod Woelfle

    Buyer's Agent in 2017

    Rod Woelfle

    Slifer Smith & Frampton RFV

    (970) 230-2876

    24 Total Sales

    Rod Woelfle
    Section Image

  • S

    Buyer Co-Listing Agent in 2017

    Sarah Woelfle

    Slifer Smith & Frampton RFV

    (970) 319-9583

    1 in this area

    28 Total Sales

    Sarah Woelfle
    Section Image
See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 151487

Aspen Glenwood MLS

APN: R003561

Colorado Pitkin County Aspen 81611

502 Wright Rd, Aspen, CO

This home is located at 502 Wright Rd, Aspen, CO 81611 since 07 November 2017 and is currently estimated at $20,759,299, approximately $9,251 per square foot. This property was built in 1973. 502 Wright Rd 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.

Nearby Homes