NOT LISTED FOR SALE

688 Spruce St Aspen, CO 81611

Estimated Value: $7,007,000 - $14,181,349

5 Beds
4.5 Baths
4,752 Sq Ft
$2,229/Sq Ft Est. Value

Sale Details

Date Sold: March 5, 2019

Last sale price $6,100,000 $1,284 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $60,164 / mo

17 Days on Market

Highlights

  • 1.2 Acre Lot
  • Aspen Middle School Rated A-
  • Main Floor Primary Bedroom

About This Home

As of March 2019

Extremely rare 1.2-acre property with spectacular views located within walking distance to downtown shops, restaurants, and entertainment. The property features an expansive flat lawn, south-facing all day sunshine, and mountain views framed by mature Aspen groves. Quiet area of town on a not-thru street, creating additional privacy. Direct access to Hunter Creek trails hiking and biking. Existing 4,752 sq ft, 5 bed, 4 1⁄2 bath home can be quickly remodeled, or buyer can benefit from rental income while exploring designs for a new home or subdividing the lot. Winning combination of location, large lot, and views. Endless possibilities for a one of a kind property.

Last Agent to Sell the Property

Peter Grenney

ITR Real Estate License #II100054733 Listed on: 12/30/2018

Last Buyer's Agent

Garrett Reuss

Aspen Snowmass Sotheby's International Realty-Snowmass Village License #FA40005762

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,745

Year Built

  • Built in 1967

Lot Details

  • 1.2 Acre Lot
  • Property is zoned R-15

Parking

  • 2 Car Garage

Interior Spaces

  • 4,752 Sq Ft Home
  • 3-Story Property
  • Partially Furnished

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Community Details

  • Property has a Home Owners Association
  • Spruce Street Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273707400009

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,745

Year Built

Built in 1967

Lot Details

1.2 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.2
  • Subdivision Name: Spruce Street
  • Directions: Turn left onto Spruce Street off of Gibson Avenue. Second driveway on the left after Williams Way.
  • Master Model: No
  • Year Built: 1967
  • Tax Parcel Letter: R004439
  • Location Info:Furnished: Partial
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-15
  • General Info:Main Floor Master: Yes
  • Listing Info:REO: No
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 7745.0
  • Financing Info:Tax Year2: 2017
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 4752.0

Garage/Parking

  • Keywords Info:Garage: 2 Car

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee Frequency2: Annually

Lot Info

  • Lot Size Sq Ft: 52272.0
  • Parcel #: 273707400009
  • Zoning: R-15
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7745.0
  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2018
Closed on
Mar 5, 2019
Sold by
Bought by
Seller's Agent
Peter Grenney
ITR Real Estate
Buyer's Agent
Garrett Reuss
Aspen Snowmass Sotheby's International Realty-Snowmass Village
List Price
$6,995,000
Sold Price
$6,100,000
Premium/Discount to List
-$895,000
-12.79%
Current Estimated Value
$10,594,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,494,175
Avg. Annual Appreciation
7.81%

Purchase Details

Closed on
Jul 29, 2016
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Land Title Guarantee
$6,100,000 Land Title Guarantee
-- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/05/2019 03/05/19 Sold $6,100,000 -12.8% $1,284 / Sq Ft
01/17/2019 01/17/19 Pending -- -- --
12/30/2018 12/30/18 For Sale $6,995,000 -- $1,472 / Sq Ft
Source: Aspen Glenwood MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $39,311 $1,063,030 $437,500 $625,530
2024 $39,311 $1,234,670 $447,570 $787,100
2023 $40,590 $488,310 $452,310 $36,000
2022 $15,386 $419,680 $382,250 $37,430
2021 $15,155 $427,110 $393,250 $33,860
2020 $10,519 $294,420 $257,400 $37,020
2019 $10,263 $294,420 $257,400 $37,020
2018 $8,778 $296,480 $259,200 $37,280
2017 $7,745 $250,710 $220,320 $30,390
2016 $7,923 $251,940 $229,250 $22,690
2015 $7,821 $251,940 $229,250 $22,690
2014 $8,094 $249,280 $229,250 $20,030
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Peter Grenney

    ITR Real Estate

  • G

    Buyer's Agent in 2019

    Garrett Reuss

    Aspen Snowmass Sotheby's International Realty-Snowmass Village

    (970) 379-3458

    142 Total Sales

    Garrett Reuss
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Map

Source: Aspen Glenwood MLS

MLS Number: 157386

Aspen Glenwood MLS

APN: R004439

Colorado Pitkin County Aspen 81611

688 Spruce St, Aspen, CO

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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