NOT LISTED FOR SALE

559 Race St Aspen, CO 81611

Estimated Value: $7,487,000 - $15,934,171

5 Beds
7 Baths
6,285 Sq Ft
$1,863/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $6,475,000 $1,030 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $70,202/month

67 Days on Market

Highlights

  • Newly Remodeled
  • Spa
  • Lake, Pond or Stream
  • Aspen Middle School Rated A-
  • Contemporary Architecture
  • 2-minute walk to Oklahoma Flats Trail

About This Home

As of August 2019

Every room makes a statement in this brand new, turnkey home that stands out as the most modern and chic in Fox Crossing. Chenille fireplaces, fascinating lighting, white marble finishes, and engaging artwork create a canvas for mountain living that is very today. Aspen Mountain views and a short walk to the ski shuttle make this the ideal family mountain retreat and a great rental opportunity.

Last Agent to Sell the Property

Holly Goldstein

Leverich and Carr Real Estate Brokerage Phone: (970) 925-5400 License #FA.40021903 Listed on: 05/28/2019

Last Buyer's Agent

Sheryl Goldman

Compass Aspen License #FA100032424

Compass Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,496

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 6,515 Sq Ft Lot
  • South Facing Home
  • Landscaped with Trees
  • Property is zoned R-6

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Frame Construction

Interior Spaces

  • 6,285 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Furnished
  • 3 Fireplaces
  • Property Views
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Lake, Pond or Stream
  • Patio

Location

  • Mineral Rights Excluded

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Water Rights Not Included

Listing and Financial Details

  • Assessor Parcel Number 273707392003

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, sewer, insurance, snow removal, ground maintenance
  • Fox Crossing Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,496

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Inclusions: Dryer, Freezer, Washer, Range, Microwave, Dishwasher
  • Subdivision Name: Fox Crossing
  • Directions: From Gibson Ave, turn RIGHT onto South Avenue, LEFT onto Race Street
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: Yes
  • Year Built: 2016
  • Tax Parcel Letter: R019553
  • Attribution Contact: (970) 925-5400
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-6
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Condition:New: Yes
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 4.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 18496.0
  • Financing Info:Tax Year2: 2018
  • Extras:Hot TubSpa: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Water Rights:No3: Yes
  • HOA Fees Includes:Management: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • Extras:Elevator: Yes
  • Unit Faces:South: Yes
  • Substructure:Finished Basement: Yes
  • Cooling:Central AC: Yes
  • Inclusions:Freezer: Yes
  • Extras:Steam Shower: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: NewHome

Interior Features

  • Furnished: Furnished
  • Has Basement: Finished
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Elevator
  • Living Area: 6285.0

Exterior Features

  • Construction Type: Frame
  • Property Condition: New Construction
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes
  • General Info:Garage SqFt: 472.0

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Trees: Yes
  • Location Amenities:Pond Stream Lake: Yes

Fee Information

  • Association Fee Includes: Management, Sewer, Insurance, Snow Removal, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 6515.0
  • Parcel #: 273707392003
  • Zoning: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 18496.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2019
Closed on
Aug 29, 2019
Sold by
Cadg Aspen Holdings Llc
Bought by
Dash Aspen Llc
Seller's Agent
Holly Goldstein
Leverich and Carr Real Estate
Buyer's Agent
Sheryl Goldman
Compass Aspen
List Price
$6,950,000
Sold Price
$6,475,000
Premium/Discount to List
-$475,000
-6.83%
Current Estimated Value
$12,271,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,796,040
Avg. Annual Appreciation
11.19%

Purchase Details

Listed on
Feb 16, 2016
Closed on
Nov 9, 2016
Sold by
Fox Crossing 2 Ah Llc
Bought by
Cadg Aspen Holdings Llc
Seller's Agent
Chris Souki
Compass Aspen
Buyer's Agent
Holly Goldstein
Leverich and Carr Real Estate
List Price
$7,600,000
Sold Price
$5,700,000
Premium/Discount to List
-$1,900,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%
Original Mortgage
$3,990,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 11, 2013
Sold by
Fox Crossing Properties Llc
Bought by
Fox Crossing 2 Ah 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
Dash Aspen Llc $6,475,000 Stewart Title
Cadg Aspen Holdings Llc $5,700,000 Stewart Title
Fox Crossing 2 Ah Llc $1,000,000 Pct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cadg Aspen Holdings Llc $3,990,000
Previous Owner Fox Crossing 2 Ah Llc $2,460,885
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2019 08/29/19 Sold $6,475,000 -6.8% $1,030 / Sq Ft
08/04/2019 08/04/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $6,950,000 +21.9% $1,106 / Sq Ft
11/09/2016 11/09/16 Sold $5,700,000 -25.0% $943 / Sq Ft
09/24/2016 09/24/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $7,600,000 -- $1,257 / 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 $29,174 $887,420 $226,860 $660,560
2023 $29,174 $898,730 $230,010 $668,720
2022 $17,254 $470,620 $152,900 $317,720
2021 $17,179 $484,160 $157,300 $326,860
2020 $17,027 $476,600 $125,130 $351,470
2019 $17,027 $476,600 $125,130 $351,470
2018 $18,946 $479,920 $126,000 $353,920
2017 $16,717 $539,880 $136,800 $403,080
2016 $12,849 $395,680 $143,280 $252,400
2015 $5,124 $159,840 $143,280 $16,560
2014 $5,367 $160,000 $143,280 $16,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 159432

Aspen Glenwood MLS

APN: R019553