NOT LISTED FOR SALE

651 Conundrum Creek Rd Aspen, CO 81611

Estimated Value: $8,192,000 - $15,124,388

5 Beds
5.5 Baths
4,783 Sq Ft
$2,437/Sq Ft Est. Value

Last Sold February 11, 2019

Last sale price $6,800,000 $1,422 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $62,896/month

424 Days on Market

Highlights

  • River Front
  • Green Building
  • Main Floor Primary Bedroom
  • Aspen Middle School Rated A-
  • Lake, Pond or Stream
  • Hydromassage or Jetted Bathtub

About This Home

As of February 2019

Situated on an extremely private lot in the Conundrum Valley, this lot offers over 350 feet of river frontage, two large ponds and water rights. The mature forest’s canopy creates a protective oasis for relaxing in the mountain air while enjoying the panorama of Castle Creek Valley.

Two-story windows and stone fireplace welcome you upon entering the home’s impressive great room. Opening to the breakfast area and family room complete with fireplace, the kitchen is fit for a chef with custom copper countertops and range hood, Wolf range, commercial grade appliances, and space aplenty. The main level master suite features a sitting area with fireplace, walk-in closet, and bathroom with a steam shower and custom marble tub.

The one-of-a-kind log staircase draws visitors in from the (cont.)

Last Agent to Sell the Property

Krista Klees

Palladium Properties Listed on: 11/07/2017

Co-Listed By

Ann Abernethy

Palladium Properties

Last Buyer's Agent

Steven Shane

Compass Aspen License #ER040002675

Compass Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,020

Year Built

  • Built in 2008

Lot Details

  • 2.09 Acre Lot
  • River Front
  • Southern Exposure
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned Pitkin County

Parking

  • 3 Car Garage

Home Design

  • Cabin
  • Composition Roof
  • Composition Shingle Roof
  • Metal Roof
  • Log Siding

Interior Spaces

  • 4,783 Sq Ft Home
  • 2-Story Property
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Crawl Space
  • Home Security System
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Lake, Pond or Stream
  • Patio

Utilities

  • Radiant Heating System
  • Propane
  • Irrigation Well
  • Water Rights
  • Well
  • Water Softener
  • Septic Tank
  • Septic System
  • Satellite Dish

Additional Features

  • Green Building
  • Mineral Rights Excluded

Community Details

  • No Home Owners Association
  • Conundrum Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 291102300018

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,020

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.09
  • Co List Office Mls Id: PallASP
  • Co List Office Phone: 970-925-8088
  • Inclusions: Dryer, Refrigerator, Washer, Water Softener, Satellite Dish, Range, Microwave, Dishwasher
  • Subdivision Name: Conundrum
  • Directions: At roundabout turn up Castle Creek go 4.4 miles turn right on Conundrum come down hill to two totem poles & turn left. Proceed down the road to 651 Conundrum,log home on right.
  • Architectural Style: Two Story, Cabin
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2008
  • Tax Parcel Letter: R003743
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Pitkin County
  • General Info:Main Floor Master: Yes
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 14020.0
  • Financing Info:Tax Year2: 2016
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Extras:Lawn Sprinklers: Yes
  • Substructure:Crawl Space: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Water Softener: Yes
  • Style:Two Story: Yes
  • Sanitation:Septic: Yes
  • Roof:Metal: Yes
  • Extras:Steam Shower: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Inclusions:Satellite Dish: Yes
  • Water Rights:Yes3: Yes
  • Water:Well - Domestic: Yes
  • Exterior:Log Siding: Yes
  • Water:Other4: Yes
  • Water:Well - Irrigation: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 4
  • Fireplace: Yes
  • Living Area: 4783.0
  • Fireplace:Gas: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Landscaped
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Disclosures: Easements
  • Construction Type: Log Siding, Log
  • Property Condition: Excellent
  • Roof: Composition, Metal
  • Construction:Log: Yes

Garage/Parking

  • Keywords Info:Garage: 3 Car
  • General Info:Garage SqFt: 791.0

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Building Features: Yes
  • Heating: Radiant
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Well - Irrigation, Other, Well
  • Heating:Radiant: Yes
  • Gas/Propane: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:River Frontage: Yes
  • Location Amenities:Borders Public Land: Yes
  • Location Amenities:Pond Stream Lake: Yes

Lot Info

  • Lot Size Sq Ft: 87120.0
  • Parcel #: 291102300018
  • Zoning: Pitkin County
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14020.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2017
Closed on
Feb 11, 2019
Sold by
Cookson Lucy B
Bought by
Conumdrum Cabin Llc
Seller's Agent
Krista Klees
Palladium Properties
Buyer's Agent
Steven Shane
Compass Aspen
List Price
$8,900,000
Sold Price
$6,800,000
Premium/Discount to List
-$2,100,000
-23.6%
Current Estimated Value
$11,658,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,858,194
Avg. Annual Appreciation
8.35%

Purchase Details

Closed on
Nov 20, 2008
Sold by
651 Conundrum Llc
Bought by
Cookson Lucy B

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
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2007
Sold by
Olson Douglas E and Olson Andrea
Bought by
651 Conundrum Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,325,000
Interest Rate
6.24%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 3, 2004
Sold by
Lassie Llc
Bought by
Conundrum Retreats Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$658,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
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
Conumdrum Cabin Llc $6,800,000 Land Title Guarantee Co
Cookson Lucy B $7,900,000 Pct
651 Conundrum Llc -- None Available
Conundrum Retreats Llc $930,000 Pct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cookson Lucy B $1,000,000
Previous Owner 651 Conundrum Llc $4,325,000
Previous Owner Conundrum Retreats Llc $658,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2019 02/11/19 Sold $6,800,000 -23.6% $1,422 / Sq Ft
01/06/2019 01/06/19 Pending -- -- --
11/07/2017 11/07/17 For Sale $8,900,000 -- $1,861 / 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 $21,050 $733,310 $433,320 $299,990
2023 $21,050 $963,430 $439,260 $524,170
2022 $16,093 $509,750 $208,500 $301,250
2021 $16,050 $524,420 $214,500 $309,920
2020 $15,329 $499,790 $200,200 $299,590
2019 $17,779 $579,700 $200,200 $379,500
2018 $17,437 $583,750 $201,600 $382,150
2017 $15,138 $569,090 $180,000 $389,090
2016 $14,021 $516,700 $167,160 $349,540
2015 $13,933 $516,700 $167,160 $349,540
2014 $11,942 $432,750 $151,240 $281,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 151511

Aspen Glenwood MLS

APN: R003743