NOT LISTED FOR SALE

720 W Smuggler St Aspen, CO 81611

Estimated Value: $5,907,000 - $13,355,848

5 Beds
5.5 Baths
4,920 Sq Ft
$1,958/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $6,600,000 $1,341 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $53,555/month

51 Days on Market

Highlights

  • Spa
  • Green Building
  • 3 Fireplaces
  • Aspen Middle School Rated A-
  • Hydromassage or Jetted Bathtub
  • Steam Shower

About This Home

As of January 2017

A timeless designed, well priced home in Aspen's coveted West End, with recent price reduction only $1421 per sqft. Located on the North side of the street with Aspen Mountain views and southern exposure. Home features a two car, oversized, garage accessed from the rear alley, two patios, outdoor hot tub/spa, elevator, master on entry level, office (could be en-suite fifth bedroom), temperature and humidity controlled 350 bottle wine room and new audio/visual system. Finishes include; marble and granite counter tops, knotty alder cabinetry, oak floors - a handsome home for the discerning buyer.

Last Agent to Sell the Property

Steven Shane

Compass Aspen Brokerage Phone: 970-925-6063 License #ER040002675 Listed on: 08/11/2016

Compass Aspen

Last Buyer's Agent

Robert Ritchie

Aspen Snowmass Sotheby's International Realty License #EA195481

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,344

Year Built

  • Built in 2001

Lot Details

  • 6,000 Sq Ft Lot
  • South Facing Home
  • Southern Exposure
  • Interior Lot
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned R-6

Parking

  • 2 Car Garage

Home Design

  • Brick Veneer
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Elevator
  • Furnished
  • 3 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Home Security System
  • Property Views
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Utilities

  • Central Air
  • Radiant Heating System
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Green Building
  • Mineral Rights Excluded

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Townsite Of Aspen Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273512406002

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,344

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Inclusions: Dryer, Freezer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Townsite of Aspen
  • Directions: From Main Street turn onto N 6th Street. Continue 6 blocks and turn left onto W Smuggler St, second house on right.
  • Above Grade Finished Sq Ft: 2750.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2001
  • Tax Parcel Letter: R000136
  • Attribution Contact: 970-925-6063
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-6
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 18344.2
  • Financing Info:Tax Year2: 2015
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 2750.0
  • Extras:Elevator: Yes
  • General Info:LvHtSqFt (Blw Grnd): 2170.0
  • Unit Faces:South: Yes
  • Substructure:Finished Basement: Yes
  • Cooling:Central AC: Yes
  • Inclusions:Freezer: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Exterior:Brick Veneer: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Finished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2170.0
  • Fireplace Features: Gas
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Elevator
  • Living Area: 4920.0
  • Fireplace:Gas: Yes
  • Style Other: Yes

Exterior Features

  • Lot Features: Interior Lot, Landscaped
  • Construction Type: Brick Veneer, Wood Siding, Frame
  • Property Condition: Excellent
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car
  • General Info:Garage SqFt: 592.0

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Interior Lot: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 6000.0
  • Parcel #: 273512406002
  • Zoning: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 18344.2
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2016
Closed on
Jan 31, 2017
Sold by
Dempsey Neal and Dempsey Janet Rae
Bought by
Elsenbrook Thomas and Elsenbrook Lesha
Seller's Agent
Steven Shane
Compass Aspen
Buyer's Agent
Robert Ritchie
Aspen Snowmass Sotheby's International Realty
List Price
$7,995,000
Sold Price
$6,600,000
Premium/Discount to List
-$1,395,000
-17.45%
Current Estimated Value
$9,631,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,031,424
Avg. Annual Appreciation
4.36%
Original Mortgage
$4,290,000
Outstanding Balance
$3,426,382
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,205,042

Purchase Details

Closed on
May 4, 2015
Sold by
Dempsey 1996 Revocable Trust and Dempsey Neal
Bought by
Dempsey 1996 Revocable Trust and Dempsey Janet Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
2.9%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Elsenbrook Thomas $6,600,000 Land Title Guarantee Company
Dempsey 1996 Revocable Trust -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elsenbrook Thomas $4,290,000
Previous Owner Dempsey 1996 Revocable Trust $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2017 01/31/17 Sold $6,600,000 -17.4% $1,341 / Sq Ft
10/01/2016 10/01/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $7,995,000 -- $1,625 / 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 $34,708 $1,055,760 $413,950 $641,810
2023 $34,708 $1,068,710 $419,030 $649,680
2022 $22,903 $624,710 $264,100 $360,610
2021 $22,804 $642,680 $271,700 $370,980
2020 $19,660 $550,280 $250,250 $300,030
2019 $18,921 $529,590 $250,250 $279,340
2018 $18,168 $533,290 $252,000 $281,290
2017 $16,030 $557,040 $244,800 $312,240
2016 $18,584 $572,290 $262,680 $309,610
2015 $18,344 $572,290 $262,680 $309,610
2014 $13,517 $402,990 $254,720 $148,270
Source: Public Records

Agents Affiliated with this Home

  • Steven Shane

    Seller's Agent in 2017

    Steven Shane

    Compass Aspen

    (970) 925-6063

    81 in this area

    127 Total Sales

    Steven Shane
    Section Image

  • R

    Buyer's Agent in 2017

    Robert Ritchie

    Aspen Snowmass Sotheby's International Realty

    (970) 379-1500

    4 in this area

    5 Total Sales

    Robert Ritchie
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 142426

Aspen Glenwood MLS

APN: R000136

Colorado Pitkin County Aspen 81611

720 W Smuggler St, Aspen, CO

Not Listed for Sale

Detached

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