NOT LISTED FOR SALE

525 Shield O Rd Snowmass, CO 81654

Estimated Value: $1,274,496 - $2,399,000

3 Beds
3 Baths
1,964 Sq Ft
$934/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $575,000 $293 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $10,129/month

10 Days on Market

About This Home

As of March 2019

Buy this home and enjoy a tremendous view of neighboring Snowmass Mountain, a sun-drenched 2 acre lot with inground pool, and a home which offers privacy and a great opportunity to update to into a dream property. Please submit all offers to the listing broker/agent. See attachment for PAS requirements and WFHM offer submittal information in MLS document section. Sold with a Special Warranty Deed, bank addendum applies. Homebuyer Priority Timeline after Initial Listing:Calendar Days 1-7: No offers will be entertained, Calenndar Days 8-15: Buyers purchasing a property as their primary residence. Municipalities purchasing a residence or vacant lot. Non-profit buyers purchasing a residence or a vacant lot. No Well, water is from a spring of unknown origin.

Last Agent to Sell the Property

Amy Smits

Resort Real Estate Experts License #EA.040038092 Listed on: 01/09/2019

Last Buyer's Agent

Debra Mayer

ENGEL & VOLKERS License #FA.100037631

ENGEL & VOLKERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,212

Year Built

  • Built in 1967

Lot Details

  • 2.07 Acre Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • No Garage

Interior Spaces

  • 1,964 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Community Details

  • Shield O Terrac Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 264522400013

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,212

Year Built

Built in 1967

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.07
  • Subdivision Name: Shield O Terrac
  • Directions: Shield O Road, uphill to just past intersection with Old Pond, On RT.
  • Master Model: No
  • Year Built: 1967
  • Tax Parcel Letter: R006499
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: RES
  • General Info:Main Floor Master: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: Yes
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 3211.92
  • Financing Info:Tax Year2: 2017
  • Miscellaneous:Under Construction3: No
  • Home Performance Programs:Energy Star Rated: No
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 600.0
  • Special Features: RealEstateOwned

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 1964.0

Garage/Parking

  • Keywords Info:Garage: None

Condo/Co-op/Association

  • Association Fee: 600.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 600.0
  • Financing Info:Association Fee Frequency2: Annually

Lot Info

  • Lot Size Sq Ft: 90169.2
  • Parcel #: 264522400013
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3211.92
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2019
Closed on
Feb 26, 2019
Sold by
Deutsche Bank National Trust Company
Bought by
Freeman Joseph W and Eddy Krista L
Seller's Agent
Amy Smits
Resort Real Estate Experts
Buyer's Agent
Debra Mayer
ENGEL & VOLKERS
List Price
$555,000
Sold Price
$575,000
Premium/Discount to List
$20,000
3.6%
Current Estimated Value
$1,835,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,260,124
Avg. Annual Appreciation
19.55%
Original Mortgage
$484,350
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2001
Sold by
Papenfus Kurt and Papenfus Joanne
Bought by
Papenfus Kurt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
9.25%
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
Freeman Joseph W $575,000 Orange Coast Lender Services
Papenfus Kurt -- Pitkin County Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Joseph W $483,700
Closed Freeman Joseph W $215,000
Closed Freeman Joseph W $483,700
Closed Freeman Joseph W $61,900
Closed Freeman Joseph W $484,350
Previous Owner Papenfus Kurt $109,163
Previous Owner Papenfus Kurt $24,161
Previous Owner Papenfus Kurt $20,323
Previous Owner Papenfus Kurt $42,500
Previous Owner Papenfus Kurt $892,500
Previous Owner Papenfus Kurt $60,000
Previous Owner Papenfus Kurt $732,600
Previous Owner Papenfus Kurt $637,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Sold $575,000 +3.6% $293 / Sq Ft
01/08/2019 01/08/19 Pending -- -- --
12/28/2018 12/28/18 For Sale $555,000 -- $283 / 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 $3,619 $46,050 $24,070 $21,980
2023 $3,619 $49,190 $25,720 $23,470
2022 $3,188 $38,930 $23,630 $15,300
2021 $3,271 $40,050 $24,310 $15,740
2020 $3,419 $43,520 $25,740 $17,780
2019 $3,419 $43,520 $25,740 $17,780
2018 $3,408 $66,480 $32,400 $34,080
2017 $3,212 $42,720 $21,600 $21,120
2016 $3,153 $41,090 $19,900 $21,190
2015 $3,165 $41,090 $19,900 $21,190
2014 $2,598 $35,490 $19,900 $15,590
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Amy Smits

    Resort Real Estate Experts

  • D

    Buyer's Agent in 2019

    Debra Mayer

    ENGEL & VOLKERS

    (970) 925-6060

    9 Total Sales

    Debra Mayer
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Map

Source: Aspen Glenwood MLS

MLS Number: 157373

Aspen Glenwood MLS

APN: R006499

Colorado Pitkin County Snowmass 81654

525 Shield O Rd, Snowmass, CO

This home is located at 525 Shield O Rd, Snowmass, CO 81654 since 09 January 2019 and is currently estimated at $1,835,124, approximately $934 per square foot. This property was built in 1967. 525 Shield O Rd is a home located in Pitkin County.

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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