NOT LISTED FOR SALE

640 S Hayden Rd Aspen, CO 81611

Estimated Value: $5,998,000 - $16,229,189

10.08 Acres
$1,102,539 Price per Acre
439,085 Sq Ft Lot

Last Sold October 22, 2020

Last sale price $5,850,000

Est. 90% increase in value since last sale

Current estimated payment $63,625/month

1,299 Days on Market

Highlights

  • River Front
  • 10.08 Acre Lot
  • Views
  • Aspen Middle School Rated A-
  • Wooded Lot
  • Property is near a preserve or public land

About This Lot

As of October 2020

Aspen’s ultimate estate building site on 10 acres located on a bluff above Castle Creek. All the work has been done to build a 15,000 square foot residence (or less) – land use approvals have been secured and utilities to the building site, re-grading of the large, gently sloping building site and architectural studies and full plans by award-winning Charles Cunniffe Architects have all been completed. Dramatic views to the south of Mt. Hayden, Aspen Highlands to the west and Aspen Mountain to the east. The site is so private that the architectural proposal for the lot easily satisfied the County requirements for all building sites in Castle Creek Valley Ranch regarding visibility of structures from Castle Creek Road.With just a 4 mile drive to the center of Aspen, this parcel is close to Town and yet has just the right amount of privacy and acreage. With just a 4 mile drive to the center of Aspen, this parcel is close to Town and yet has just the right amount of privacy and acreage.

Last Agent to Sell the Property

Carrie Wells

CB, The Aspen Broker Brokerage Phone: (970) 925-7000 Listed on: 02/01/2017

Last Buyer's Agent

Erik Berg

ENGEL & VOLKERS License #ER.040043847

ENGEL & VOLKERS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $48,918

Lot Details

  • 10.08 Acre Lot
  • River Front
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned N/A

Utilities

  • Gas Available
  • Well

Additional Features

  • Property Views

Community Details

  • Property has a Home Owners Association
  • Castle Creek Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 273526401004

Property Details

Property Type

Land

Est. Annual Taxes

$48,918

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 10.08
  • Subdivision Name: Castle Creek
  • Directions: Castle Creek Road to South Hayden Road.
  • Tax Parcel Letter: R014167
  • Attribution Contact: (970) 925-7000
  • General Info:Zoning2: N/A
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Financing Info:Taxes2: 48918.0
  • Financing Info:Tax Year2: 2019
  • Lot Description:Rolling: Yes
  • Lot Description:Wooded Lot: Yes
  • Water:Well Installed: Yes
  • General Info:ADU Allowed: No
  • Gas:Available2: Yes
  • Lot Description:Borders Public Land2: Yes
  • Lot Description:River Frontage2: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Utilities

  • Water Source: Well Installed

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 439085.0
  • Parcel #: 273526401004
  • Zoning: N/A
  • ResoLotSizeUnits: Acres
  • Lot Description View: Yes

Tax Info

  • Tax Annual Amount: 48918.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2022
Sold by
Emrovale Llc
Bought by
Ervc Llc
Current Estimated Value
$11,113,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.13%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 1, 2017
Closed on
Oct 19, 2020
Sold by
Gdl Endeavors Ltd
Bought by
Emrovale Llc
Seller's Agent
Carrie Wells
CB, The Aspen Broker
Buyer's Agent
Erik Berg
ENGEL & VOLKERS
List Price
$8,950,000
Sold Price
$5,850,000
Premium/Discount to List
-$3,100,000
-34.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.64%
Original Mortgage
$613,391
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2016
Sold by
John E Callahan Revocable Trust
Bought by
Avalanche Eagle Pines Llc

Purchase Details

Closed on
Apr 25, 2016
Sold by
John E Callahan Revocable Trust
Bought by
Avalanche Eagle Pines Llc

Purchase Details

Closed on
Dec 8, 2015
Sold by
Meredith Larry and Byers Linda L
Bought by
Gdl Endeavors Ltd

Purchase Details

Closed on
Nov 20, 2015
Sold by
Silver Lady Palm Beach Llc
Bought by
Gdl Endeavors Ltd

Purchase Details

Closed on
Nov 5, 2015
Sold by
Castle Creek Rivers Edge Llc
Bought by
Silver Lady Palm Beach Llc

Purchase Details

Closed on
Mar 6, 2015
Sold by
Castle Creek Development Llc
Bought by
Silver Lady Palm Beach Llc

Purchase Details

Closed on
Dec 28, 2005
Sold by
Callahan John E
Bought by
John E Callahan Revocable Trust

Purchase Details

Closed on
Mar 2, 2005
Sold by
Callahan John E
Bought by
Callahan Cynthia A and Callahan Cynthia Freeman
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
Ervc Llc -- Land Title
Emrovale Llc $5,450,000 None Available
Avalanche Eagle Pines Llc $2,725,000 Attorneys Title Insurance Ag
Avalanche Eagle Pines Llc -- None Available
Gdl Endeavors Ltd -- None Available
Gdl Endeavors Ltd $6,400,000 Stewart Title
Silver Lady Palm Beach Llc -- None Available
Silver Lady Palm Beach Llc $5,750,000 Stewart Title
John E Callahan Revocable Trust -- None Available
Cynthia Callahan Family Trust -- None Available
Callahan Cynthia A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ervc Llc $1,000,000
Previous Owner Emrovale Llc $613,391
Previous Owner Emrovale Llc $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2020 10/22/20 Sold $5,850,000 -34.6% --
08/24/2020 08/24/20 Pending -- -- --
02/01/2017 02/01/17 For Sale $8,950,000 -- --
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 $64,070 $2,232,000 $2,232,000 $0
2023 $64,070 $2,232,000 $2,232,000 $0
2022 $45,778 $1,450,000 $1,450,000 $0
2021 $44,377 $1,450,000 $1,450,000 $0
2020 $48,919 $1,595,000 $1,595,000 $0
2019 $48,919 $1,595,000 $1,595,000 $0
2018 $53,315 $1,595,000 $1,595,000 $0
2017 $46,286 $1,740,000 $1,740,000 $0
2016 $25,575 $942,500 $942,500 $0
2015 $25,415 $942,500 $942,500 $0
2014 $20,006 $725,000 $725,000 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Carrie Wells

    CB, The Aspen Broker

  • Erik Berg

    Buyer's Agent in 2020

    Erik Berg

    ENGEL & VOLKERS

    (970) 379-6353

    67 Total Sales

    Erik Berg
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Map

Source: Aspen Glenwood MLS

MLS Number: 147442

Aspen Glenwood MLS

APN: R014167

Colorado Pitkin County Aspen 81611

640 S Hayden Rd, Aspen, CO

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