NOT LISTED FOR SALE

550 S Riverside Ave Unit 4 Aspen, CO 81611

Estimated Value: $1,181,526 - $2,286,000

1 Bed
1 Bath
505 Sq Ft
523 Sq Ft Lot

Last Sold July 24, 2017

Last sale price $750,000 $1,485 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $9,878/month

290 Days on Market

Highlights

  • River Front
  • Green Building
  • Landscaped with Trees
  • Aspen Middle School Rated A-
  • Resident Manager or Management On Site
  • Baseboard Heating

About This Home

As of July 2017

Pied-a-terre on the River! The Redwood Condominiums are a small complex, east of Aspen, on the east side of the Roaring Fork. Convenient and within walking/bike distance. Front deck for relaxing and enjoying the river. Assigned parking + additional for guests. Includes a storage space. An unusual find so close to town!

Last Agent to Sell the Property

Penny Carruth

Aspen Snowmass Sotheby's International Realty Brokerage Phone: (970) 925-6060 License #EA192791 Listed on: 07/10/2017

Aspen Snowmass Sotheby's International Realty

Last Buyer's Agent

Peggy Briscoe

Weaver & Briscoe License #EA40014973

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,378

Year Built

  • Built in 1960

Lot Details

  • River Front
  • Southeast Facing Home
  • Landscaped with Trees
  • Property is in excellent condition

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 505 Sq Ft Home
  • 1-Story Property
  • Window Treatments

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • 1 Car Parking Space
  • Assigned Parking

Additional Features

  • Green Building
  • Storage Shed
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 273718128004

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include contingency fund, management, sewer, insurance, snow removal
  • Redwood Subdivision

Recreation

  • Snow Removal

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,378

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Refrigerator, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Redwood
  • Directions: E Cooper/Hwy 82 towards East Aspen, cross the bridge and make the first right on S Riverside Ave. First building on right. Unit 4 is upstairs on right.
  • Architectural Style: Other
  • Master Model: No
  • New Construction: No
  • Year Built: 1960
  • Tax Parcel Letter: R004836
  • Attribution Contact: (970) 925-6060
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • Listing Info:REO: No
  • General Info:Levels: 1.0
  • Financing Info:Taxes2: 1378.0
  • Financing Info:Tax Year2: 2016
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • HOA Fees Includes:Management: Yes
  • Roof:Composition Shingles: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • Unit Faces:East: Yes
  • Unit Faces:South: Yes
  • Extras:Storage Shed: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 505.0
  • Style Other: Yes

Exterior Features

  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Wood Siding, Frame
  • Property Condition: Excellent
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 Car, Assigned
  • Keywords Info:Garage: None
  • Parking Area:Assigned2: Yes
  • Parking Area:_one_ Car2: Yes

Utilities

  • Building Features: Yes
  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Trees: Yes
  • Location Amenities:River Frontage: Yes

Fee Information

  • Association Fee Includes: Contingency Fund, Management, Sewer, Insurance, Snow Removal

Lot Info

  • Parcel #: 273718128004
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 1378.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2024
Sold by
Summers Shelley M
Bought by
Nixie Properties Iv Llc
Current Estimated Value
$1,839,632

Purchase Details

Listed on
Jul 10, 2017
Closed on
Jul 24, 2017
Sold by
Pagels Elaine
Bought by
Summers Shelley M
Seller's Agent
Penny Carruth
Aspen Snowmass Sotheby's International Realty
Buyer's Agent
Peggy Briscoe
Weaver & Briscoe
List Price
$895,000
Sold Price
$750,000
Premium/Discount to List
-$145,000
-16.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%

Purchase Details

Closed on
Sep 5, 2007
Sold by
Ross Matthew N and Ross Mathew N
Bought by
Pagels Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
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
Nixie Properties Iv Llc -- None Listed On Document
Nixie Properties Iv Llc -- None Listed On Document
Summers Shelley M $750,000 Land Title Guarantee Co
Pagels Elaine $865,000 Stewart Title Of Colorado In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pagels Elaine $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2017 07/24/17 Sold $750,000 -16.2% $1,485 / Sq Ft
07/10/2017 07/10/17 Pending -- -- --
09/22/2016 09/22/16 For Sale $895,000 -- $1,772 / 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 $1,954 $58,950 $0 $58,950
2023 $1,954 $62,230 $0 $62,230
2022 $2,187 $59,080 $0 $59,080
2021 $2,178 $60,780 $0 $60,780
2020 $2,117 $58,630 $0 $58,630
2019 $2,117 $58,630 $0 $58,630
2018 $1,703 $59,540 $0 $59,540
2017 $1,504 $46,700 $0 $46,700
2016 $1,379 $41,950 $0 $41,950
2015 $1,361 $41,950 $0 $41,950
2014 $1,387 $40,850 $0 $40,850
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Penny Carruth

    Aspen Snowmass Sotheby's International Realty

    (970) 379-9133

    1 in this area

    31 Total Sales

    Penny Carruth
    Section Image
  • Peggy Briscoe

    Buyer's Agent in 2017

    Peggy Briscoe

    Weaver & Briscoe

    (970) 618-3330

    1 in this area

    3 Total Sales

    Peggy Briscoe
    Section Image
See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 146159

Aspen Glenwood MLS

APN: R004836

Colorado Pitkin County Aspen 81611

550 S Riverside Ave Unit 4, Aspen, CO

This home is located at 550 S Riverside Ave Unit 4, Aspen, CO 81611 since 10 July 2017 and is currently estimated at $1,839,632, approximately $3,642 per square foot. This property was built in 1960. 550 S Riverside Ave Unit 4 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