NOT LISTED FOR SALE

720 Willoughby Way Aspen, CO 81611

Estimated Value: $7,753,000 - $57,649,606

7 Beds
9 Baths
8,737 Sq Ft
$3,743/Sq Ft Est. Value

Sale Details

Date Sold: August 29, 2024

Last sale price $60,000,000 $6,867 Per Sq Ft

Est. 45% decrease in value since last sale

Current estimated payment $182,266 / mo

Highlights

  • Pool
  • 0.87 Acre Lot
  • 7 Fireplaces
  • Aspen Middle School Rated A-
  • Contemporary Architecture
  • Furnished

About This Home

As of August 2024

Sold before MLS

Last Agent to Sell the Property

Mandy Welgos

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA.100083604 Listed on: 08/29/2024

Last Buyer's Agent

Lex Tarumianz

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA100014565

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $88,149

Year Built

  • Built in 2015

Lot Details

  • 38,000 Sq Ft Lot
  • Southern Exposure
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned RSF

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Frame Construction
  • Metal Roof
  • Stone Siding
  • Stone

Interior Spaces

  • 8,737 Sq Ft Home
  • 3-Story Property
  • Furnished
  • 7 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • ENERGY STAR Qualified Washer

Pool

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Water Rights Not Included
  • Water Softener

Additional Features

  • Patio
  • Mineral Rights Excluded

Community Details

  • Association fees include sewer, insurance, water
  • Pitkin Green Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273501403022
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$88,149

Year Built

Built in 2015

Lot Details

0.87 Acres

HOA Fees

$333 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.87
  • Inclusions: Dryer, Energy Star Oven, Energy Star Dishwash, Energy Star Refrig, Washer, Window Coverings, Water Softener, Range, Microwave, Energy Star Washer
  • Subdivision Name: Pitkin Green
  • Directions: Take Red Mountain Road, then turn left on Willoughby Way.
  • Architectural Style: Split Level, Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2015
  • Tax Parcel Letter: R003264
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: RSF
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 88148.96
  • Financing Info:Tax Year2: 2023
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Extras:Pool: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Lawn Sprinklers: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Water: Yes
  • Inclusions:Water Softener: Yes
  • Water:Community: Yes
  • Cooling:Central AC: Yes
  • Roof:Metal: Yes
  • Inclusions:Energy Star Dishwash: Yes
  • Inclusions:Energy Star Oven: Yes
  • Inclusions:Energy Star Refrig: Yes
  • Inclusions:Energy Star Washer: Yes
  • Style:Split Level: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 4000.0
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Fireplace Features: Gas
  • Fireplaces: 7
  • Fireplace: Yes
  • Living Area: 8737.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Stone Veneer, Stone, Frame
  • Property Condition: Excellent
  • Roof: Metal
  • Construction:Frame: Yes
  • Construction:Stone: Yes

Garage/Parking

  • Keywords Info:Garage: 3 Car
  • General Info:Garage SqFt: 749.0

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Forced Air
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Community
  • Heating:Radiant: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 1000.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 1000.0
  • Financing Info:Association Fee Frequency2: Quarterly
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer, Insurance, Water

Lot Info

  • Lot Size Sq Ft: 38000.0
  • Parcel #: 273501403022
  • Zoning: RSF
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 88148.96
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Aug 27, 2024
Sold by
Allen Family Aspen Llc
Bought by
Willoughby Wildflower Ridge Llc
Seller's Agent
Mandy Welgos
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Lex Tarumianz
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$60,000,000
Sold Price
$60,000,000
Views
15
Current Estimated Value
$32,701,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,298,697
Avg. Annual Appreciation
-30.47%

Purchase Details

Closed on
Dec 16, 2022
Sold by
Folks Byron Allen
Bought by
Allen Family Aspen Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,609,000
Interest Rate
7.08%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Dec 11, 2019
Closed on
Jul 9, 2020
Sold by
720 Aspen Way Llc
Bought by
Folks Byron Allen
Seller's Agent
BassWogan Team
Douglas Elliman Real Estate-Hyman Ave
Buyer's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$30,950,000
Sold Price
$27,000,000
Premium/Discount to List
-$3,950,000
-12.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.35%
Original Mortgage
$20,000,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 23, 2014
Closed on
Nov 10, 2016
Sold by
Five Rules Holdings Property 1 Ltd
Bought by
720 Aspen Way Llc
Seller's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Gary Feldman
BJ Adams and Company-Aspen
List Price
$24,500,000
Sold Price
$24,000,000
Premium/Discount to List
-$500,000
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.26%
Original Mortgage
$12,000,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 2013
Sold by
Aspen Kiwi Properties Llc
Bought by
Five Rules Holdings Property 1 Ltd

Purchase Details

Listed on
Dec 7, 2012
Closed on
Dec 28, 2012
Sold by
Cronin John W
Bought by
Aspen Kiwi Properties Llc
Seller's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$6,995,000
Sold Price
$5,300,000
Premium/Discount to List
-$1,695,000
-24.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Willoughby Wildflower Ridge Llc $60,000,000 Attorneys Title
Allen Family Aspen Llc -- First American Title
Folks Byron Allen $27,000,000 Title Company Of The Rockies
720 Aspen Way Llc -- None Available
720 Aspen Way Llc $24,000,000 Stewart Title
Five Rules Holdings Property 1 Ltd -- None Available
Aspen Kiwi Properties Llc $5,300,000 Attorneys Title Agency Of As
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen Family Aspen Llc $2,609,000
Previous Owner Folks Byron Allen $20,000,000
Previous Owner 720 Aspen Way Llc $12,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2024 08/29/24 Sold $60,000,000 0.0% $6,867 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/29/2024 08/29/24 For Sale $60,000,000 +122.2% $6,867 / Sq Ft
07/10/2020 07/10/20 Sold $27,000,000 -12.8% $3,090 / Sq Ft View Prior Sale
03/03/2020 03/03/20 Pending -- -- --
12/03/2018 12/03/18 For Sale $30,950,000 +29.0% $3,542 / Sq Ft
11/10/2016 11/10/16 Sold $24,000,000 -2.0% $2,755 / Sq Ft View Prior Sale
08/22/2014 08/22/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $24,500,000 +362.3% $2,813 / Sq Ft
01/02/2013 01/02/13 Sold $5,300,000 -24.2% $2,110 / Sq Ft View Prior Sale
12/26/2012 12/26/12 Pending -- -- --
12/07/2012 12/07/12 For Sale $6,995,000 -- $2,785 / Sq Ft
Source: Aspen Glenwood MLS

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
2025 $102,701 $3,145,960 $1,562,500 $1,583,460
2024 $102,701 $3,359,080 $1,003,900 $2,355,180
2023 $96,621 $3,394,380 $1,014,450 $2,379,930
2022 $62,051 $1,960,050 $566,430 $1,393,620
2021 $60,985 $1,986,990 $582,730 $1,404,260
2020 $58,489 $1,901,160 $572,000 $1,329,160
2019 $58,489 $1,901,160 $572,000 $1,329,160
2018 $45,698 $1,914,450 $576,000 $1,338,450
2017 $39,696 $1,486,170 $518,400 $967,770
2016 $26,080 $957,210 $457,700 $499,510
2015 $18,154 $670,470 $457,700 $212,770
2014 $14,985 $540,480 $497,500 $42,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 185263

Aspen Glenwood MLS

APN: R003264

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