NOT LISTED FOR SALE

505 Walnut St Aspen, CO 81611

Estimated Value: $7,444,000 - $10,521,206

5 Beds
7 Baths
4,565 Sq Ft
$1,968/Sq Ft Est. Value

Last Sold March 06, 2015

Last sale price $4,400,000 $964 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $50,413/month

401 Days on Market

Highlights

  • Green Building
  • Contemporary Architecture
  • 3 Fireplaces
  • Aspen Middle School Rated A-
  • Hydromassage or Jetted Bathtub
  • 1-minute walk to Oklahoma Flats Trail

About This Home

As of March 2015

• Walk to town in four and a half minutes-1/4 mile-550 steps

Rarely is it possible to have Aspen's most dynamic views coupled with nearby downtown convenience. This recently constructed home features unobstructed Aspen Mountain views with, a flexible layout that lends itself to both intimate living and large family gatherings. Two large decks off both the Living Room and Kitchen make outdoor entertaining a joy. Add to that covered indoor/outdoor room complete with gas fireplace and access to the private backyard area. New finishes and furnishings make this a ''must see''.

Last Agent to Sell the Property

Susan Hershey

Coldwell Banker Mason Morse-SMV Brokerage Phone: (970) 923-7700 Listed on: 12/16/2013

Last Buyer's Agent

Casey Slossberg

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA100031773

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,504

Year Built

  • Built in 2008

Lot Details

  • 4,356 Sq Ft Lot
  • Home has sun exposure from multiple directions
  • Landscaped
  • Sprinkler System
  • Property is in excellent condition

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • 4,565 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • 3 Fireplaces
  • Gas Fireplace
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Carport

Utilities

  • Central Air
  • Radiant Heating System
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Green Building
  • Patio
  • Mineral Rights Excluded

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Fox Crossing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273707397002

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,504

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Inclusions: Dryer, Refrigerator, Washer, Range, Microwave, Dishwasher
  • Subdivision Name: Fox Crossing
  • Directions: Gibson to Walnut Front row property.
  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2008
  • Tax Parcel Letter: R020925
  • Attribution Contact: (970) 923-7700
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • 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: 13504.0
  • Financing Info:Tax Year2: 2012
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: 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
  • Extras:Elevator: Yes
  • Unit Faces:North: Yes
  • Unit Faces:East: Yes
  • Unit Faces:South: Yes
  • Unit Faces:West: Yes
  • Exterior:Stucco: Yes
  • Carport:_two_ Car: Yes
  • Cooling:Central AC: Yes
  • Extras:Steam Shower: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Elevator
  • Living Area: 4565.0
  • Fireplace:Gas: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes
  • General Info:Garage SqFt: 480.0

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Pets Allowed/Renter
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Parcel #: 273707397002
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13504.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2013
Closed on
Mar 6, 2015
Sold by
David Kahnweiler Revocable Trust
Bought by
Fishman Family Trust
Seller's Agent
Susan Hershey
Coldwell Banker Mason Morse-SMV
Buyer's Agent
Casey Slossberg
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$5,700,000
Sold Price
$4,400,000
Premium/Discount to List
-$1,300,000
-22.81%
Current Estimated Value
$8,982,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,582,603
Avg. Annual Appreciation
6.99%
Original Mortgage
$3,520,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 9, 2013
Closed on
Mar 18, 2013
Sold by
Racjak Lp
Bought by
David Kahnweiler Revocable Trust
Seller's Agent
Susan Hershey
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
CAROL DOPKIN
ENGEL & VOLKERS
List Price
$3,790,000
Sold Price
$3,500,000
Premium/Discount to List
-$290,000
-7.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.32%
Original Mortgage
$2,450,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2008
Sold by
Fox Crossing Partners Llc
Bought by
Racjak Lp
Source: Public Records

Range of Values:

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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
Fishman Family Trust $4,400,000 Title Company Of The Rockies
David Kahnweiler Revocable Trust $3,500,000 Title Company Of The Rockies
Racjak Lp $6,066,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fishman Family Trust $3,520,000
Previous Owner David Kahnweiler Revocable Trust $2,450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2015 03/06/15 Sold $4,400,000 -22.8% $964 / Sq Ft
01/21/2015 01/21/15 Pending -- -- --
12/16/2013 12/16/13 For Sale $5,700,000 +62.9% $1,249 / Sq Ft
03/18/2013 03/18/13 Sold $3,500,000 -7.7% $804 / Sq Ft View Prior Sale
01/25/2013 01/25/13 Pending -- -- --
01/09/2013 01/09/13 For Sale $3,790,000 -- $871 / 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 $33,469 $1,018,060 $215,630 $802,430
2023 $33,469 $1,030,650 $218,510 $812,140
2022 $14,667 $400,050 $145,260 $254,790
2021 $14,604 $411,570 $149,440 $262,130
2020 $14,951 $418,480 $135,850 $282,630
2019 $14,951 $418,480 $135,850 $282,630
2018 $15,462 $421,410 $136,800 $284,610
2017 $13,643 $428,930 $136,080 $292,850
2016 $11,804 $363,500 $159,200 $204,300
2015 $11,652 $363,500 $159,200 $204,300
2014 $11,254 $335,510 $0 $335,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 132393

Aspen Glenwood MLS

APN: R020925