4
Beds
3
Baths
2,830
Sq Ft
0.57
Acres
Highlights
- Spa
- 0.57 Acre Lot
- Contemporary Architecture
- Aspen Middle School Rated A-
- Green Building
- Cul-De-Sac
About This Home
As of October 2024This is a rare opportunity to own property on the exclusive Ridge of Red Mountain in this price range. This 4-bedroom, 3-bath property is priced at land value. The house is very livable or rentable while you design your dream home. Located at the end of a quiet cul-de-sac, this property is ready for a remodel or for a new building project. The lot is 24,718 sq. ft. with 270-degree views. Enjoy spectacular views & mountain sunsets to the west, Red Mountain & Hunter Creek views to the north, & Aspen Mt, Aspen Highlands & Buttermilk Mt. panoramas to the south. You can currently build 5,750 sq. ft., 3,160 above grade, 1,840 below grade & a 750 sq. ft. garage. Maximize the home to 7,963 sq. ft. by purchasing a county TDR. This is a great value in the most exclusive neighborhood in Aspen.7,963 SF, which would include a 3-car garage, a lower level of 4000 SF & 2 additional above grade stories for double height living & a master with a commanding view, an excellent opportunity for a great home. 7,963 SF, which would include a 3-car garage, a lower level of 4000 SF & 2 additional above grade stories for double height living & a master with a commanding view, an excellent opportunity for a great home.
Last Agent to Sell the Property
Compass Aspen Brokerage Phone: 970-925-6063 License #EA.000224621 Listed on: 10/15/2018
Co-Listed By
Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: 970-925-6063 License #FA100025125
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,358
Year Built
- Built in 1981
Lot Details
- 0.57 Acre Lot
- Cul-De-Sac
- Fence is in average condition
- Landscaped with Trees
- Property is in average condition
Parking
- 3 Car Garage
Home Design
- Contemporary Architecture
- Split Level Home
- Shake Roof
Interior Spaces
- 2,830 Sq Ft Home
- 3-Story Property
- Wood Burning Fireplace
- Crawl Space
- Property Views
Kitchen
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Spa
- Patio
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- Water Rights Not Included
Additional Features
- Green Building
- Mineral Rights Excluded
Listing and Financial Details
- Assessor Parcel Number 273501406002
Community Details
Overview
- Property has a Home Owners Association
- Association fees include sewer, ground maintenance
- Ridge Of Red Mountain Subdivision
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 23, 2023
Closed on
Oct 4, 2024
Sold by
75 Bennett Court Llc
Bought by
Asmbc Llc
Seller's Agent
Daniel Becker
Douglas Elliman Real Estate-Hyman Ave
Buyer's Agent
Daniel Becker
Douglas Elliman Real Estate-Hyman Ave
List Price
$6,950,000
Sold Price
$6,487,500
Premium/Discount to List
-$462,500
-6.65%
Views
97
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.48%
Original Mortgage
$3,000,000
Outstanding Balance
$2,983,024
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$5,190,349
Purchase Details
Listed on
Oct 15, 2018
Closed on
Jun 12, 2019
Sold by
75 Bennett Court Land Trust
Bought by
75 Bennett Court Llc
Seller's Agent
Heidi Houston
Compass Aspen
Buyer's Agent
LEA NOVGRAD
SSC & Company llc
List Price
$5,395,000
Sold Price
$4,748,500
Premium/Discount to List
-$646,500
-11.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Purchase Details
Listed on
May 5, 2016
Closed on
Nov 14, 2016
Sold by
Richard James Michael and Richard Nancy Ann
Bought by
Chateau Eau Claire 27 Llc
Seller's Agent
Heidi Houston
Compass Aspen
Buyer's Agent
Heidi Houston
Compass Aspen
List Price
$3,975,000
Sold Price
$3,100,000
Premium/Discount to List
-$875,000
-22.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.91%
Original Mortgage
$1,700,000
Interest Rate
3.42%
Mortgage Type
Commercial
Purchase Details
Listed on
Feb 4, 2010
Closed on
Jan 31, 2012
Sold by
Mccormick Muriel E
Bought by
Richard James Michael and Richard Nancy Ann
Seller's Agent
Wendalin Whitman
Whitman Fine Properties
Buyer's Agent
Natallia Kharkhal
Tanguay Real Estate Company
List Price
$4,295,000
Sold Price
$2,250,000
Premium/Discount to List
-$2,045,000
-47.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$1,500,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2005
Sold by
The Ali N Shariatzadeh Living Trust
Bought by
Mccormick Muriel E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,610,000
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 22, 2003
Sold by
Shariatzadeh Ali N
Bought by
The Ali N Shariatzadeh Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving
Similar Homes in Aspen, CO
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $6,487,500 | Land Title Guarantee | |
| Special Warranty Deed | -- | Title Company The Rockies | |
| Special Warranty Deed | $3,100,000 | Title Company Of The Rockies | |
| Warranty Deed | $2,250,000 | Stewart Title | |
| Warranty Deed | $2,300,000 | Pitkin County Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,000,000 | New Conventional | |
| Previous Owner | $3,798,000 | Commercial | |
| Previous Owner | $1,700,000 | Commercial | |
| Previous Owner | $1,500,000 | New Conventional | |
| Previous Owner | $1,610,000 | Purchase Money Mortgage | |
| Previous Owner | $610,000 | Credit Line Revolving | |
| Previous Owner | $950,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | Price Changed | $12,995,000 | -7.1% | $3,607 / Sq Ft |
| 06/19/2025 06/19/25 | For Sale | $13,995,000 | 0.0% | $3,884 / Sq Ft |
| 04/14/2025 04/14/25 | Off Market | $13,995,000 | -- | -- |
| 03/16/2025 03/16/25 | Price Changed | $13,995,000 | -6.7% | $3,884 / Sq Ft |
| 02/11/2025 02/11/25 | For Sale | $14,995,000 | +131.1% | $4,162 / Sq Ft |
| 10/08/2024 10/08/24 | Sold | $6,487,500 | -6.7% | $1,801 / Sq Ft |
| 12/23/2023 12/23/23 | For Sale | $6,950,000 | +46.4% | $1,929 / Sq Ft |
| 08/07/2019 08/07/19 | Sold | $4,748,500 | -12.0% | $1,678 / Sq Ft |
| 08/02/2019 08/02/19 | Pending | -- | -- | -- |
| 10/15/2018 10/15/18 | For Sale | $5,395,000 | +74.0% | $1,906 / Sq Ft |
| 11/14/2016 11/14/16 | Sold | $3,100,000 | -22.0% | $1,095 / Sq Ft |
| 10/03/2016 10/03/16 | Pending | -- | -- | -- |
| 05/05/2016 05/05/16 | For Sale | $3,975,000 | +76.7% | $1,405 / Sq Ft |
| 01/31/2012 01/31/12 | Sold | $2,250,000 | -47.6% | $795 / Sq Ft |
| 12/14/2011 12/14/11 | Pending | -- | -- | -- |
| 02/04/2010 02/04/10 | For Sale | $4,295,000 | -- | $1,518 / Sq Ft |
Source: Aspen Glenwood MLS
Tax History Compared to Growth
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 | $12,566 | $436,880 | $378,700 | $58,180 |
| 2023 | $12,566 | $443,840 | $384,730 | $59,110 |
| 2022 | $10,143 | $320,390 | $291,900 | $28,490 |
| 2021 | $10,116 | $329,610 | $300,300 | $29,310 |
| 2020 | $7,529 | $244,730 | $214,500 | $30,230 |
| 2019 | $7,529 | $244,730 | $214,500 | $30,230 |
| 2018 | $7,306 | $246,440 | $216,000 | $30,440 |
| 2017 | $6,346 | $284,130 | $223,200 | $60,930 |
| 2016 | $5,391 | $197,870 | $159,200 | $38,670 |
| 2015 | $5,358 | $197,870 | $159,200 | $38,670 |
| 2014 | $4,722 | $170,330 | $149,650 | $20,680 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2025
James Benvenuto
Aspen Snowmass Sotheby's International Realty - Hyman Mall
(970) 948-3264
18 in this area
47 Total Sales
-
D
Seller's Agent in 2024
Daniel Becker
Douglas Elliman Real Estate-Hyman Ave
(480) 776-1555
11 in this area
12 Total Sales
-
Seller's Agent in 2019
Heidi Houston
Compass Aspen
(970) 404-1404
10 in this area
30 Total Sales
-
C
Seller Co-Listing Agent in 2019
Chris Klug
Aspen Snowmass Sotheby's International Realty - Hyman Mall
(970) 948-7055
51 in this area
118 Total Sales
-
L
Buyer's Agent in 2019
LEA NOVGRAD
SSC & Company llc
(970) 618-3368
2 in this area
19 Total Sales
-
W
Seller's Agent in 2012
Wendalin Whitman
Whitman Fine Properties
(970) 544-3771
66 in this area
76 Total Sales
Map
Source: Aspen Glenwood MLS
MLS Number: 156479
APN: R003530
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