$10,825,000
SOLD OCT 21, 2014

726 Red Mountain Rd Aspen, CO 81611

6 Beds
8 Baths
7,688 Sq Ft
1.4 Acres

Recently Sold

$1,408 Per Sq Ft

13% Below List Price

Highlights

  • Outdoor Pool
  • 1.4 Acre Lot
  • 3 Fireplaces
  • Aspen Middle School Rated A-
  • Contemporary Architecture
  • Steam Shower

About This Home

As of September 2020

This home is located at 726 Red Mountain Rd, Aspen, CO 81611 and is currently priced at $10,825,000, approximately $1,408 per square foot. This property was built in 1969. 726 Red Mountain Rd is a home located in Pitkin County with nearby schools including Aspen Elementary School, Aspen Middle School, and Aspen High School.

Last Agent to Sell the Property

Lorrie Winnerman

Lorrie B Aspen, Inc. Brokerage Phone: (970) 618-7772 Listed on: 10/21/2014

Last Buyer's Agent

Wendalin Whitman

Whitman Fine Properties License #ER.001311517

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,476

Year Built

  • Built in 1969

Lot Details

  • 1.4 Acre Lot
  • South Facing Home
  • Southern Exposure
  • Fenced
  • Lot Has A Rolling Slope
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 7,688 Sq Ft Home
  • 3-Story Property
  • Furnished
  • 3 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Home Security System
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Patio
  • Outbuilding

Location

  • Mineral Rights Excluded

Utilities

  • Central Air
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Red Mountain Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273707205007

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,476

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.4
  • Inclusions: Dryer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Red Mountain
  • Directions: From the Hotel Jerome onto Mill Street, continue to Red Mtn. Road to 726 on right.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1969
  • Tax Parcel Letter: R003915
  • Attribution Contact: (970) 618-7772
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Res
  • 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
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 19476.0
  • Financing Info:Tax Year2: 2012
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Extras:Pool: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Cooling:Central AC: Yes
  • Extras:Steam Shower: Yes
  • Extras:Outbuildings: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Gas
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 7688.0
  • Fireplace:Gas: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Construction Type: Wood Siding
  • Other Structures: Outbuilding
  • Property Condition: Excellent
  • Roof: Other

Garage/Parking

  • Keywords Info:Garage: 3 Car
  • General Info:Garage SqFt: 7688.0

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Rolling Topo: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 60969.0
  • Parcel #: 273707205007
  • Zoning: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 19476.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2017
Closed on
Sep 15, 2020
Sold by
Moreno Commercial Llc
Bought by
726 Rmr Llc
Seller's Agent
Steven Shane
Compass Aspen
Buyer's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$16,995,000
Sold Price
$13,500,000
Premium/Discount to List
-$3,495,000
-20.56%
Total Days on Market
0
Current Estimated Value
$13,851,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,886
Avg. Annual Appreciation
0.55%

Purchase Details

Closed on
Aug 15, 2014
Sold by
St George Investments Llc
Bought by
Moreno Commercial Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,311,400
Interest Rate
2.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 5, 2002
Sold by
Robinson David M and Robinson Valerie R
Bought by
Saint George Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
6.83%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Special Warranty Deed $13,500,000 Land Title Guarantee Co
Warranty Deed $10,825,000 None Available
Warranty Deed $6,050,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,000,000 New Conventional
Previous Owner $6,311,400 Adjustable Rate Mortgage/ARM
Previous Owner $6,311,400 Adjustable Rate Mortgage/ARM
Previous Owner $9,000,000 Credit Line Revolving
Previous Owner $6,000,000 Credit Line Revolving
Closed $0 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $13,500,000 -20.6% $1,616 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
09/06/2017 09/06/17 For Sale $16,995,000 +57.0% $2,035 / Sq Ft
10/21/2014 10/21/14 Sold $10,825,000 -13.4% $1,408 / Sq Ft
10/21/2014 10/21/14 Pending -- -- --
10/21/2014 10/21/14 For Sale $12,500,000 -- $1,626 / 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 $46,917 $1,631,110 $668,490 $962,620
2023 $46,917 $1,899,820 $676,140 $1,223,680
2022 $29,703 $938,250 $430,900 $507,350
2021 $29,625 $965,250 $443,300 $521,950
2020 $29,653 $963,870 $443,300 $520,570
2019 $29,653 $963,870 $443,300 $520,570
2018 $28,004 $970,610 $446,400 $524,210
2017 $24,326 $910,730 $446,400 $464,330
2016 $22,541 $827,310 $501,480 $325,830
2015 $22,400 $827,310 $501,480 $325,830
2014 $22,380 $807,200 $501,480 $305,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 136464

Aspen Glenwood MLS

APN: R003915