NOT LISTED FOR SALE

523 W Smuggler St Aspen, CO 81611

Estimated Value: $7,947,000 - $12,400,691

4 Beds
5 Baths
3,578 Sq Ft
$2,843/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $11,400,000 $3,186 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $57,593/month

56 Days on Market

Highlights

  • Newly Remodeled
  • Spa
  • Steam Shower
  • Aspen Middle School Rated A-
  • Contemporary Architecture
  • Furnished

About This Home

As of October 2023

There's more than meets the eye behind the original Victorian miner's cabin. The contemporary addition designed by Harry Teague in 2003, and an extensive 2022 remodel, offers an up-to-date home with a pleasing flow and superior livability. The reconfigured open floorplan includes a state-of-the-art kitchen with dining area and bar, a line-of-fire fireplace, high ceilings, and a soothing palette of wood and plaster. Two private decks greatly expand the home in the summer months. Half of the upstairs is devoted to the reprogrammed primary suite with luxury bathroom and an expanded private deck. Two guest suites enjoy vaulted ceilings, plentiful sunlight and a shared deck with views of Shadow Mountain. The lower level provides a media room and a 4th bedroom with private bath and full-size windows offering great sunlight. Additional improvements were made throughout the home. A ''deep'' West End location with proximity to the Aspen Meadows campus, Music Tent and more.

Last Agent to Sell the Property

Lucy Nichols

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA944395 Listed on: 07/26/2023

Last Buyer's Agent

The Burggraf Group Will and Sarah Burggraf

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,547

Year Built

  • Built in 1892 | Newly Remodeled

Lot Details

  • 4,503 Sq Ft Lot
  • South Facing Home
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Victorian Architecture
  • Frame Construction
  • Shake Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3,578 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Gas Fireplace
  • Window Treatments
  • Home Security System
  • Property Views
  • Finished Basement

Kitchen

  • Oven
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Location

  • Mineral Rights Excluded

Utilities

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

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 273512499001

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,547

Year Built

Built in 1892 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Water Softener, Stove Top, Dishwasher
  • Subdivision Name: None
  • Directions: 500 block of West Smuggler
  • Architectural Style: Victorian, Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: Yes
  • Year Built: 1892
  • Tax Parcel Letter: R018845
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • Condition:New: Yes
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 3.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 15546.52
  • Financing Info:Tax Year2: 2022
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Exterior:Wood Siding: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Inclusions:Water Softener: Yes
  • General Info:Unit Faces: South
  • Substructure:Finished Basement: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Stove Top: Yes
  • Roof:Metal: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Roof:Shake: Yes
  • Cooling:AC: Yes
  • Extras:Softener: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: NewHome

Interior Features

  • Furnished: Furnished
  • Has Basement: Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3578.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Frame
  • Direction Faces: South
  • Property Condition: Excellent, New Construction
  • Roof: Shake, Metal
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car
  • General Info:Garage SqFt: 494.5

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Cooling: A/C
  • 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

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 4503.0
  • Parcel #: 273512499001
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 15546.52
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2023
Closed on
Oct 18, 2023
Sold by
Weiss Sol H and Weiss Faith E
Bought by
Jax Family Llc
Seller's Agent
Lucy Nichols
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
The Burggraf Group Will and Sarah Burggraf
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$13,000,000
Sold Price
$11,400,000
Premium/Discount to List
-$1,600,000
-12.31%
Views
50
Current Estimated Value
$10,173,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,226,154
Avg. Annual Appreciation
-7.86%
Original Mortgage
$7,000,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2009
Sold by
523 West Smuggler Llc
Bought by
Weiss Sol H and Weiss Faith E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2008
Sold by
Mccullough Andrew
Bought by
523 West Smuggler Llc
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
Jax Family Llc $11,400,000 Land Title Guarantee
Weiss Sol H $4,450,000 Stewart Title
523 West Smuggler Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jax Family Llc $6,600,000
Closed Jax Family Llc $7,000,000
Previous Owner Weiss Sol H $3,300,000
Previous Owner Weiss Sol H $3,350,000
Previous Owner Weiss Sol H $500,000
Previous Owner Weiss Sol H $1,800,000
Previous Owner Mccullough Andrew D $3,225,000
Previous Owner Harman Andrew J $2,535,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $11,400,000 -10.6% $3,186 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/08/2023 08/08/23 Price Changed $12,750,000 -1.9% $3,563 / Sq Ft
07/06/2023 07/06/23 For Sale $13,000,000 -- $3,633 / 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 $27,191 $827,110 $351,520 $475,590
2023 $27,191 $837,840 $356,080 $481,760
2022 $15,547 $424,050 $224,490 $199,560
2021 $17,891 $504,220 $230,950 $273,270
2020 $15,517 $434,310 $212,710 $221,600
2019 $15,517 $434,310 $212,710 $221,600
2018 $15,026 $437,350 $214,200 $223,150
2017 $13,258 $416,850 $208,080 $208,770
2016 $13,754 $423,560 $223,280 $200,280
2015 $13,577 $423,560 $223,280 $200,280
2014 $10,497 $312,960 $216,510 $96,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 180101

Aspen Glenwood MLS

APN: R018845