NOT LISTED FOR SALE

553 Race St Unit Lot 4 House I Aspen, CO 81611

Estimated Value: $3,930,000 - $15,688,831

0.13 Acre
$56,759,292 Price per Acre
5,625 Sq Ft Lot

Last Sold May 25, 2017

Last sale price $1,745,000

Est. 323% increase in value since last sale

Current estimated payment $39,889/month

6 Days on Market

Highlights

  • Green Building
  • Cul-De-Sac
  • Shuttle
  • Aspen Middle School Rated A-
  • Views
  • 2-minute walk to Oklahoma Flats Trail

About This Lot

As of May 2017

Last undeveloped lot in the prestigious Fox Crossing.

Last Agent to Sell the Property

BassWogan Team

Compass Aspen Brokerage Phone: 970-925-6063 License #FA40000200 Listed on: 03/25/2016

Compass Aspen

Last Buyer's Agent

Chris Souki

Compass Aspen License #FA100022800

Compass Aspen

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,733

Lot Details

  • 5,625 Sq Ft Lot
  • Cul-De-Sac
  • Level Lot
  • Property is zoned R-6

Eco-Friendly Details

  • Green Building

Utilities

  • Underground Utilities
  • Gas Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 273707392004

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include contingency fund, insurance, road maintenance, ground maintenance
  • Fox Crossing Subdivision
  • On-Site Maintenance

Amenities

  • Shuttle

Property Details

Property Type

Land

Est. Annual Taxes

$16,733

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 0.13
  • Subdivision Name: Fox Crossing
  • Directions: North Mill right on Gibson to Race Avenue turn left. Lot is on the left hand side
  • Tax Parcel Letter: R019554
  • Attribution Contact: 970-925-6063
  • General Info:Zoning2: R-6
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Financing Info:Taxes2: 16732.6
  • Financing Info:Tax Year2: 2015
  • Sanitation:Sewer: Yes
  • Lot Description:Flat: Yes
  • Lot Description:Cul-de-Sac2: Yes
  • Extras:Underground Utility: Yes
  • Gas:Available2: Yes
  • HOA Fee Includes:Grounds Maintenance2: Yes
  • HOA Fee Includes:Insurance3: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Exterior Features

  • Disclosures: Easements, Reports Available, Special Review

Utilities

  • Building Features: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Shuttle Service
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Shuttle Service: Yes

Fee Information

  • Association Fee Includes: Contingency Fund, Insurance, Road Maintenance, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 5625.0
  • Parcel #: 273707392004
  • Zoning: R-6
  • ResoLotSizeUnits: Acres
  • Lot Description View: Yes

Tax Info

  • Tax Annual Amount: 16732.6
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2020
Sold by
Aspen March Llc
Bought by
549 Race Alley Llc
Current Estimated Value
$7,378,708

Purchase Details

Closed on
Sep 17, 2018
Sold by
Cadg Aspen Holdings Llc
Bought by
Aspen March Llc

Purchase Details

Listed on
Mar 25, 2016
Closed on
May 25, 2017
Sold by
Fox Crossing Properties Lots 4 & 6 Llc
Bought by
Cadg Aspen Holdings Llc
Seller's Agent
BassWogan Team
Compass Aspen
Buyer's Agent
Chris Souki
Compass Aspen
List Price
$1,799,000
Sold Price
$1,745,000
Premium/Discount to List
-$54,000
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.77%
Original Mortgage
$1,200,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
549 Race Alley Llc $12,000,000 Attorneys Title Ins Agcy Inc
Aspen March Llc -- Attorneys Title Agency Of As
Aspen March Llc $2,200,000 Attorneys Title Agency On As
Cadg Aspen Holdings Llc $1,745,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cadg Aspen Holdings Llc $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2017 05/25/17 Sold $1,745,000 -3.0% --
03/31/2016 03/31/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $1,799,000 -- --
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 $7,368 $224,120 $224,120 $0
2023 $7,368 $229,000 $229,000 $0
2022 $5,606 $152,900 $152,900 $0
2021 $5,581 $157,300 $157,300 $0
2020 $4,471 $125,130 $125,130 $0
2019 $18,131 $507,500 $507,500 $0
2018 $15,680 $507,500 $507,500 $0
2017 $3,996 $136,800 $136,800 $0
2016 $4,737 $145,870 $143,280 $2,590
2015 $16,732 $522,000 $522,000 $0
2014 $13,618 $406,000 $406,000 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    BassWogan Team

    Compass Aspen

    (970) 948-7424

    10 in this area

    19 Total Sales

    BassWogan Team
    Section Image

  • C

    Buyer's Agent in 2017

    Chris Souki

    Compass Aspen

    (970) 948-4378

    24 in this area

    43 Total Sales

    Chris Souki
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 143241

Aspen Glenwood MLS

APN: R019554

Colorado Pitkin County Aspen 81611

553 Race St Unit Lot 4 House I, Aspen, CO

This home is located at 553 Race St Unit Lot 4 House I, Aspen, CO 81611 since 25 March 2016 and is currently estimated at $7,378,708. 553 Race St Unit Lot 4 House I 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.

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