NOT LISTED FOR SALE

549 & 553 Race Alley Aspen, CO 81611

Estimated Value: $6,757,000 - $12,709,841

5 Beds
5.5 Baths
4,674 Sq Ft
$2,069/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $12,000,000 $2,567 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $54,000/month

20 Days on Market

Highlights

  • Green Building
  • Contemporary Architecture
  • 3 Fireplaces
  • Aspen Middle School Rated A-
  • Hydromassage or Jetted Bathtub
  • Steam Shower

About This Home

As of October 2020

Charming contemporary house in the desirable Fox Crossing area with unexpected adjacent lot. Graciously landscaped as an inviting yard and oasis, the lot could be developed to make this an exciting in-town compound within easy walking distance of the Hotel Jerome, restaurant row and the local bus routes, or left as it is for year round outdoor enjoyment. Designed with a keen eye and attention to detail, the elegant home features an exceptional south facing patio with fire pit and views of Aspen Mountain and Shadow Mountain, upper level master suite with private deck, expansive media room with wet bar and wine room, and comfortable spaces for entertaining throughout. If cozy, refined, and spacious with inviting outdoor spaces are what you're looking for, your search is over!Landscaped lot square footage is 6,012, home lot square footage is 6,016, home square footage is 4,674. Landscaped lot square footage is 6,012, home lot square footage is 6,016, home square footage is 4,674.

Last Agent to Sell the Property

Craig Morris

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA40009691 Listed on: 08/10/2020

Last Buyer's Agent

Melanie Muss

Douglas Elliman Real Estate-Hyman Ave License #IA100032517

Douglas Elliman Real Estate-Hyman Ave

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,983

Year Built

  • Built in 2017

Lot Details

  • 0.28 Acre Lot
  • Home has North and South Exposure
  • Southern Exposure
  • Fenced
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned R15

HOA Fees

  • $663 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

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

Interior Spaces

  • 4,674 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • 3 Fireplaces
  • Window Treatments
  • Home Security System
  • Property Views
  • Finished Basement

Kitchen

  • Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Water Rights Not Included

Additional Features

  • Green Building
  • Patio
  • Mineral Rights Excluded

Community Details

  • Association fees include sewer
  • Fox Crossing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273707392005

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,983

Year Built

Built in 2017

Lot Details

0

HOA Fees

$663 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Stove Top, Microwave, Dishwasher
  • Subdivision Name: Fox Crossing
  • Directions: Mill Street to Gibson Avenue. Right on Gibson to Race. Left on Race to house on left.
  • Architectural Style: Contemporary
  • Master Model: No
  • New Construction: No
  • Year Built: 2017
  • Tax Parcel Letter: R019555
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Partial
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R15
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 18983.2
  • Financing Info:Tax Year2: 2020
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Unit Faces:North: Yes
  • Unit Faces:South: Yes
  • Substructure:Finished Basement: Yes
  • Inclusions:Oven: Yes
  • Cooling:Central AC: Yes
  • Inclusions:Stove Top: Yes
  • Extras:Steam Shower: Yes
  • Roof:Shake: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 7960.16
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Has Basement: Finished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 4674.0

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Frame
  • Property Condition: Excellent
  • Roof: Shake
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 1 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1990.04
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 1990.04
  • Financing Info:Association Fee Frequency2: Quarterly
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 12028.0
  • Parcel #: 273707392005
  • Zoning: R15
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 18983.2
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2018
Sold by
White River Ral Estate Llc
Bought by
Aspen March Llc
Current Estimated Value
$9,670,947

Purchase Details

Closed on
May 12, 2016
Sold by
Fox Crossing Properties Lot 5 Llc
Bought by
White River Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,590,000
Interest Rate
3.59%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 3, 2016
Sold by
Fox Crossing Properties Lot 5 Llc
Bought by
430 W Hallam Llc

Purchase Details

Closed on
Apr 28, 2015
Sold by
Fox Crossing Properties Llc
Bought by
Fox Crossing Properties Lot 5 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,150,000
Interest Rate
3.84%
Mortgage Type
Construction
Source: Public Records

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
Aspen March Llc $7,650,000 None Available
White River Real Estate Llc $1,900,000 Pct
430 W Hallam Llc $340,000 None Available
Fox Crossing Properties Lot 5 Llc $800,000 Title Company Of The Rockies
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White River Real Estate Llc $3,590,000
Previous Owner Fox Crossing Properties Lot 5 Llc $3,150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2020 10/13/20 Sold $12,000,000 -4.0% $2,567 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $12,500,000 -- $2,674 / 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 $22,345 $679,710 $226,570 $453,140
2023 $22,345 $689,020 $230,010 $459,010
2022 $14,917 $406,890 $152,900 $253,990
2021 $14,853 $418,600 $157,300 $261,300
2020 $14,513 $406,210 $125,130 $281,080
2019 $14,513 $406,210 $125,130 $281,080
2018 $14,363 $409,050 $126,000 $283,050
2017 $4,244 $133,420 $108,000 $25,420
2016 $3,619 $111,440 $111,440 $0
2015 $3,655 $114,030 $111,440 $2,590
2014 $3,829 $114,170 $111,440 $2,730
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 165945

Aspen Glenwood MLS

APN: R019555