NOT LISTED FOR SALE

70 Pitkin Way Aspen, CO 81611

Estimated Value: $7,882,000

6 Beds
8.5 Baths
8,419 Sq Ft
$936/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $24,325,000 $2,889 Per Sq Ft

Current estimated payment $51,653/month

Highlights

  • Under Construction
  • Spa
  • 0.98 Acre Lot
  • Aspen Middle School Rated A-
  • River Front
  • Green Building

About This Home

As of December 2020

Sold before MLS.

Last Agent to Sell the Property

William Burggraf

Aspen Snowmass Sotheby's International Realty - Durant Brokerage Phone: (970) 925-1100 License #FA40045400 Listed on: 12/17/2020

Co-Listed By

Craig Morris

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-1100 License #EA40009691

Last Buyer's Agent

Erik Cavarra

ENGEL & VOLKERS Snowmass License #EA.40040220

ENGEL & VOLKERS Snowmass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $82,887

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 0.98 Acre Lot
  • River Front
  • Southern Exposure
  • Fenced
  • Sprinkler System
  • Landscaped with Trees
  • Property is zoned R-30

HOA Fees

  • $417 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Brick or Stone Mason
  • Frame Construction
  • Metal Roof
  • Stone Siding

Interior Spaces

  • 8,419 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Furnished
  • 3 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Walk-Out Basement
  • Home Security System
  • Property Views

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Steam Shower

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Green Building
  • Solar Heating System

Pool

  • Spa
  • Outdoor Pool

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Water Rights Not Included
  • Water Softener
  • Cable TV Available

Additional Features

  • Patio
  • Mineral Rights Excluded

Community Details

  • Association fees include sewer, ground maintenance
  • Red Mountain Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273501407001

Home Details

Home Type

Single Family

Est. Annual Taxes

$82,887

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$417 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.98
  • Co List Office Mls Id: ASSHMA
  • Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Stove Top, Range, Microwave, Dishwasher
  • Subdivision Name: Red Mountain
  • Directions: N. Mill Street drive .7 miles and take a left onto Willoughby Way. 05 miles take a left on Pitkin reserve. in 600 feet the home is on your left.
  • Above Grade Finished Sq Ft: 8419.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: Yes
  • Year Built: 2021
  • Tax Parcel Letter: R010631
  • Attribution Contact: (970) 925-1100
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-30
  • General Info:Main Floor Master: Yes
  • 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: 2.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 82886.6
  • Financing Info:Tax Year2: 2020
  • Extras:Hot TubSpa: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Extras:Pool: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Inclusions:Range: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 8419.0
  • Extras:Elevator: Yes
  • Substructure:Walkout: Yes
  • Inclusions:Oven: Yes
  • Cooling:Central AC: Yes
  • Inclusions:Freezer: Yes
  • Inclusions:Stove Top: Yes
  • Roof:Metal: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Extras:Softener: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 5000.0
  • Special Features: NewHome

Interior Features

  • Furnished: Furnished
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Gas
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Elevator
  • Living Area: 8419.0
  • Fireplace:Gas: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Stone Veneer, Stone, Frame
  • Property Condition: New Construction
  • Roof: Metal
  • Construction:Frame: Yes
  • Construction:Stone: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes
  • General Info:Garage SqFt: 912.0

Utilities

  • Security: Security System
  • Building Features: Yes
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Solar, Radiant, Natural Gas, Forced Air
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Solar: Yes

Condo/Co-op/Association

  • Association Fee: 5000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 5000.0
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:River Frontage: Yes

Fee Information

  • Association Fee Includes: Sewer, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 42775.92
  • Parcel #: 273501407001
  • Zoning: R-30
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 82886.6
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2020
Closed on
Dec 22, 2020
Sold by
Fleeger Family First Limited Partnership
Bought by
Scarlett Aspen Llc
Seller's Agent
William Burggraf
Aspen Snowmass Sotheby's International Realty - Durant
Buyer's Agent
Erik Cavarra
ENGEL & VOLKERS Snowmass
List Price
$38,000,000
Sold Price
$24,325,000
Premium/Discount to List
-$13,675,000
-35.99%
Current Estimated Value
$7,882,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,443,000
Avg. Annual Appreciation
-22.24%

Purchase Details

Closed on
Sep 27, 2019
Sold by
Lafield Aspen Ventures Llc
Bought by
Fleeger Family First Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,037,500
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2013
Sold by
Jackson Land Company
Bought by
Lafield Aspen Ventures Llc
Source: Public Records

Range of Values:

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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
Scarlett Aspen Llc $24,324,000 None Available
Scarlett Aspen Llc $24,324,000 None Available
Fleeger Family First Lp $8,625,000 Land Title Guarantee
Lafield Aspen Ventures Llc $5,250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fleeger Family First Lp $14,302,631
Previous Owner Fleeger Family First Lp $6,037,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $24,325,000 -36.0% $2,889 / Sq Ft
12/17/2020 12/17/20 For Sale $38,000,000 -- $4,514 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
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 $86,417 $2,628,640 $1,003,590 $1,625,050
2023 $86,417 $2,656,850 $1,014,360 $1,642,490
2022 $59,857 $1,632,680 $566,430 $1,066,250
2021 $27,464 $774,000 $582,730 $191,270
2020 $20,436 $572,000 $572,000 $0
2019 $82,887 $2,320,000 $2,320,000 $0
2018 $75,266 $2,320,000 $2,320,000 $0
2017 $66,411 $2,088,000 $2,088,000 $0
2016 $54,149 $1,667,500 $1,667,500 $0
2015 $53,450 $1,667,500 $1,667,500 $0
2014 $58,363 $1,740,000 $1,740,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 167909

Aspen Glenwood MLS

APN: R010631