$13,500,000
SOLD SEP 15, 2020

726 Red Mountain Rd Aspen, CO 81611

6 Beds
8 Baths
8,353 Sq Ft
1.4 Acres

Recently Sold

$1,616 Per Sq Ft

21% Below List Price

1,055 Days on Market

Highlights

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

About This Home

As of September 2020

An elegant Red Mountain estate on 1.4 acres, outdoor heated swimming pool, generous rooms, soaring ceilings, and dramatic views. No climb necessary, located just past Willoughby Way, the private gated approach to this home will let you know you have arrived. Separate, recently remodeled caretakers home on the property. Master bedroom sits on its own floor separate from guests providing a level of privacy. Home boasts a large open floor plan with great room, dining room and kitchen all with spectacular views.

Last Agent to Sell the Property

Steven Shane

Compass Aspen Brokerage Phone: 970-925-6063 License #ER040002675 Listed on: 09/06/2017

Compass Aspen

Last Buyer's Agent

Andrew Ernemann

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA100028587

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,653

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
  • Property is zoned R-30

Parking

  • 3 Car Garage

Home Design

  • Brick or Stone Mason
  • Frame Construction
  • Shake Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Home Security System
  • Property Views
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Outbuilding

Location

  • Mineral Rights Excluded

Utilities

  • Central Air
  • Radiant Heating System
  • Baseboard Heating
  • Water Rights Not Included
  • 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

$29,653

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, Freezer, Refrigerator, Washer, Range, Microwave, Dishwasher
  • Subdivision Name: Red Mountain
  • Directions: From Main Street turn onto N Mill St. Continue 0.3 miles and take a slight left onto Red Mountain Rd. 726 Red Mountain Road will be on the right.
  • Above Grade Finished Sq Ft: 5428.0
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1969
  • Tax Parcel Letter: R003915
  • Attribution Contact: 970-925-6063
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-30
  • General Info:Unfinished SqFt: 241.0
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 29653.4
  • Financing Info:Tax Year2: 2019
  • Extras:Landscaping: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Extras:Pool: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • General Info:LvHtSqFt (Abv Grnd): 5428.0
  • General Info:LvHtSqFt (Blw Grnd): 2925.0
  • Substructure:Finished Basement: Yes
  • Cooling:Central AC: Yes
  • Inclusions:Freezer: Yes
  • Extras:Steam Shower: Yes
  • Roof:Shake: Yes
  • Cooling:AC: Yes
  • Extras:Outbuildings: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Finished
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 2925.0
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 8353.0
  • Fireplace:Gas: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Stone Veneer, Stone, Frame
  • Other Structures: Outbuilding
  • Property Condition: Excellent
  • Roof: Shake
  • Construction:Frame: Yes
  • Construction:Stone: Yes

Garage/Parking

  • Keywords Info:Garage: 3 Car
  • General Info:Garage SqFt: 813.0

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Cooling: A/C, Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Baseboard
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Baseboard: 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: R-30
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 29653.4
  • Tax Year: 2019

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
1055
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

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Range of Values:

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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: 142356

Aspen Glenwood MLS

APN: R003915