NOT LISTED FOR SALE

71 Pitkin Way Aspen, CO 81611

Estimated Value: $7,882,000

0.9 Acre
$8,757,778 Price per Acre
39,204 Sq Ft Lot

Last Sold September 27, 2019

Last sale price $8,625,000

Est. 9% decrease in value since last sale

Current estimated payment $51,236/month

79 Days on Market

Highlights

  • River Front
  • 0.9 Acre Lot
  • Wooded Lot
  • Aspen Middle School Rated A-
  • Green Building
  • Fireplace

About This Lot

As of September 2019

The Best of the Best. Best location off of Willoughby Way being offered with permitted plans for an 8,600 square foot home designed by CCY Architects. New owner will save 2 years in order to be where this development is. The interiors of the house (cabinetry, fireplaces, flooring and wall finishes) are left to be personalized and designed by you. Step in now and be living in the best neighborhood Aspen has to offer in 18 months. Price includes over $500,000 in permit fees and infrastructure improvements.

Last Agent to Sell the Property

Thomas Melberg

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA196381 Listed on: 06/03/2019

Last Buyer's Agent

William Burggraf

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA40045400

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $75,266

Year Built

  • 2021

Lot Details

  • 0.9 Acre Lot
  • River Front
  • Fenced
  • Wooded Lot

Parking

  • Garage

Interior Spaces

  • Fireplace
  • Home Security System
  • Property Views

Utilities

  • Underground Utilities
  • Water Rights
  • Irrigation Water Rights
  • Cable TV Available

Additional Features

  • Green Building
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273501407001

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, contingency fund, insurance, road maintenance, snow removal
  • Red Mountain Subdivision
  • Property is near a preserve or public land

Recreation

  • Snow Removal

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Property Type

Land

Est. Annual Taxes

$75,266

Year Built

2021

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 0.9
  • Subdivision Name: Red Mountain
  • Directions: Red Mountain Road, left on Willoughby Way, left on Pitkin Way.
  • Tax Parcel Letter: R010631
  • Attribution Contact: (970) 925-6060
  • General Info:Zoning2: Residential
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Financing Info:Taxes2: 75266.0
  • Financing Info:Tax Year2: 2019
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Extras:Cable TV: Yes
  • Mineral Rights:No2: Yes
  • Extras:Fencing: Yes
  • Lot Description:Wooded Lot: Yes
  • Water Rights:Community2: Yes
  • Extras:Common Area2: Yes
  • Extras:Underground Utility: Yes
  • General Info:ADU Allowed: No
  • HOA Fee Includes:Management4: Yes
  • HOA Fee Includes:Snow Removal2: Yes
  • Lot Description:Borders Public Land2: Yes
  • HOA Fee Includes:Insurance3: Yes
  • Lot Description:River Frontage2: Yes
  • Extras:Fireplace: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None
  • Year Built (Public Record): 2021

Exterior Features

  • Fencing: Fenced

Garage/Parking

  • Extras:Garage3: Yes

Utilities

  • Security: Security System
  • Building Features: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Water Rights Irrigation: Yes

Condo/Co-op/Association

  • Amenities: Management, Pets Allowed/Owner, Pets Allowed/Renter
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee Frequency2: Annually
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • HOA Amenities:Management3: Yes

Fee Information

  • Association Fee Includes: Management, Contingency Fund, Insurance, Road Maintenance, Snow Removal

Lot Info

  • Lot Size Sq Ft: 42679.0
  • Parcel #: 273501407001
  • Zoning: Residential
  • ResoLotSizeUnits: Acres
  • Lot Description View: Yes

Tax Info

  • Tax Annual Amount: 75266.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2020
Sold by
Fleeger Family First Limited Partnership
Bought by
Scarlett Aspen Llc
Total Days on Market
79
Current Estimated Value
$7,882,000

Purchase Details

Listed on
Jun 3, 2019
Closed on
Sep 27, 2019
Sold by
Lafield Aspen Ventures Llc
Bought by
Fleeger Family First Lp
Seller's Agent
Thomas Melberg
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
William Burggraf
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$9,250,000
Sold Price
$8,625,000
Premium/Discount to List
-$625,000
-6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.56%
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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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
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
09/27/2019 09/27/19 Sold $8,625,000 -6.8% --
08/22/2019 08/22/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $9,250,000 -- --
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 $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

  • Thomas Melberg

    Seller's Agent in 2019

    Thomas Melberg

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 379-1297

    8 in this area

    43 Total Sales

    Thomas Melberg
    Section Image

  • W

    Buyer's Agent in 2019

    William Burggraf

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 925-6060

    3 in this area

    7 Total Sales

    William Burggraf
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 159537

Aspen Glenwood MLS

APN: R010631

Colorado Pitkin County Aspen 81611

71 Pitkin Way, Aspen, CO

This home is located at 71 Pitkin Way, Aspen, CO 81611 since 03 June 2019 and is currently estimated at $7,882,000. This property was built in 2021. 71 Pitkin Way is a home located in Pitkin County with nearby schools including Aspen Elementary School, Aspen Middle School, and Aspen High School.

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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