NOT LISTED FOR SALE

838 Willoughby Way Aspen, CO 81611

Estimated Value: $21,015,402

5 Beds
4.5 Baths
5,464 Sq Ft
$3,846/Sq Ft Est. Value

Last Sold August 13, 2020

Last sale price $18,900,000 $3,459 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $114,587/month

370 Days on Market

Highlights

  • 1.3 Acre Lot
  • Views
  • Home Security System
  • Aspen Middle School Rated A-
  • Patio
  • Laundry Room

About This Home

As of August 2020

Located above the Roaring Fork River on 1.3 acres along sought-after Willoughby Way, this Montecito-style home exudes style and grace worthy of its Red Mountain locale. Unobstructed views stretching from Aspen Mountain to Highlands to the slopes of Buttermilk offer a direct connection to the mountains. Designed by renowned Aspen architect Bill Poss and custom built by Paul D'Amato, this 5,464-sqft home offers desirable single-level, above-grade living. Interiors feature wood flooring, ceilings and beams, and divided-light windows throughout. 5 bedrooms and 4.5 baths are situated so that a separate guest wing allows privacy for all. An open-floor plan encourages easy access to a large flagstone deck area for entertaining, as well as a beautifully landscaped flat lawn.

Last Agent to Sell the Property

Carrie Wells

CB, The Aspen Broker Brokerage Phone: (970) 925-7000 Listed on: 06/28/2019

Last Buyer's Agent

Carrie Wells

CB, The Aspen Broker Brokerage Phone: (970) 925-7000 Listed on: 06/28/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,912

Year Built

  • Built in 1995

Lot Details

  • 1.3 Acre Lot
  • South Facing Home
  • Southern Exposure
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned R-30

HOA Fees

  • $242 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Shake Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 5,464 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Home Security System
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Rights Not Included

Additional Features

  • Patio
  • Mineral Rights Excluded

Community Details

  • Association fees include sewer
  • Pitkin Green Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273501402011

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,912

Year Built

Built in 1995

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.3
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Pitkin Green
  • Directions: Willoughby Way - Property on the left just after Magnifico road split.
  • Architectural Style: Ranch
  • Master Model: No
  • New Construction: No
  • Year Built: 1995
  • Tax Parcel Letter: R014724
  • Attribution Contact: (970) 925-7000
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-30
  • General Info:Main Floor Master: Yes
  • 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
  • Listing Info:ADU: No
  • General Info:Levels: 1.0
  • Financing Info:Taxes2: 27912.0
  • Financing Info:Tax Year2: 2019
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Substructure:Slab: Yes
  • Water Rights:No3: Yes
  • Style:Ranch: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Unit Faces:South: Yes
  • Inclusions:Oven: Yes
  • Roof:Shake: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 2900.0
  • Special Features: None

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 5464.0

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Stone Veneer, Frame
  • Foundation Details: Slab
  • Property Condition: Excellent
  • Roof: Shake
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 2900.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 2900.0
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 58000.0
  • Parcel #: 273501402011
  • Zoning: R-30
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 27912.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2022
Sold by
Aspww 55 Llc
Bought by
Activitty Envelope And Site Plan Review
Current Estimated Value
$21,015,402

Purchase Details

Listed on
Jun 28, 2019
Closed on
Aug 13, 2020
Sold by
838 Willoughby Llc
Bought by
Asoww 55 Llc
Seller's Agent
Carrie Wells
CB, The Aspen Broker
Buyer's Agent
Carrie Wells
CB, The Aspen Broker
List Price
$22,750,000
Sold Price
$18,900,000
Premium/Discount to List
-$3,850,000
-16.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.09%
Original Mortgage
$10,000,000
Interest Rate
1.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2019
Sold by
Reiss James J and Reiss Priscilla
Bought by
838 Willoughby Llc

Purchase Details

Closed on
Oct 7, 1994
Bought by
Reiss James J and Reiss Priscilla
Source: Public Records

Range of Values:

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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
Activitty Envelope And Site Plan Review -- --
Asoww 55 Llc $18,900,000 Land Title Guarantee Co
838 Willoughby Llc -- None Available
Reiss James J $2,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Asoww 55 Llc $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2020 08/13/20 Sold $18,900,000 -16.9% $3,459 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
06/28/2019 06/28/19 For Sale $22,750,000 -- $4,164 / 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 $40,365 $1,403,310 $1,269,660 $133,650
2023 $40,365 $1,419,640 $1,285,350 $134,290
2022 $31,466 $993,950 $882,650 $111,300
2021 $31,384 $1,022,550 $908,050 $114,500
2020 $27,912 $907,270 $786,500 $120,770
2019 $27,912 $907,270 $786,500 $120,770
2018 $26,608 $913,620 $792,000 $121,620
2017 $23,113 $865,330 $734,400 $130,930
2016 $23,098 $847,750 $772,120 $75,630
2015 $22,954 $847,750 $772,120 $75,630
2014 $23,299 $840,350 $756,200 $84,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 160135

Aspen Glenwood MLS

APN: R014724