NOT LISTED FOR SALE

86 S Meadow Ln Aspen, CO 81611

Estimated Value: $5,972,000 - $15,818,731

5 Beds
5.5 Baths
5,870 Sq Ft
$1,856/Sq Ft Est. Value

Last Sold November 23, 2015

Last sale price $5,680,000 $968 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $60,580/month

471 Days on Market

Highlights

  • On Golf Course
  • Spa
  • Clubhouse
  • Aspen Middle School Rated A-
  • 0.93 Acre Lot
  • 3 Fireplaces

About This Home

As of November 2015

ACCEPTING BACKUP OFFERS. Enjoy the comfort and privacy of this 5,870 square foot European style mountain home featuring elegant finishes and design throughout. Interior features include an open floor plan with dramatic vaulted ceilings and wood beam accents, recessed lighting, wide plank hardwood floors, custom cabinetry and bookcases throughout, and three gas fireplaces. The interior layout includes a formal living and dining room, an upper level master suite and bath, a main level guest master suite, guest bedrooms, office / library, and a private gourmet kitchen with slab granite counter tops and backsplash. Other unique features of the home include a lower level family /media room that transitions into the 5th bedroom with built in custom bunk beds and full bathroom.The private side yard is ideal for entertaining and family gatherings and is surrounded by Aspen trees and a beautiful wooded hillside. The Maroon Creek Club neighborhood has all the amenities to make your lifestyle a reality including hiking, biking, tennis, skiing and world class golfing. The private side yard is ideal for entertaining and family gatherings and is surrounded by Aspen trees and a beautiful wooded hillside. The Maroon Creek Club neighborhood has all the amenities to make your lifestyle a reality including hiking, biking, tennis, skiing and world class golfing.

Last Agent to Sell the Property

Michael Perau

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA.40020953 Listed on: 06/10/2014

Last Buyer's Agent

Michael Perau

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA.40020953 Listed on: 06/10/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,923

Year Built

  • Built in 1997

Lot Details

  • 0.93 Acre Lot
  • On Golf Course
  • East Facing Home
  • Interior Lot
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned SF

Parking

  • 3 Car Garage

Home Design

  • Frame Construction
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 5,870 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • 3 Fireplaces
  • Window Treatments
  • Property Views
  • Finished Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Location

  • Mineral Rights Excluded

Utilities

  • No Cooling
  • Radiant Heating System
  • Hot Water Heating System
  • Water Rights Not Included
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 273511309011

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include contingency fund, management, sewer, insurance, trash, snow removal, ground maintenance
  • Maroon Creek Club Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,923

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.93
  • Inclusions: Dryer, Refrigerator, Washer, Window Coverings, Range, Dishwasher
  • Subdivision Name: Maroon Creek Club
  • Directions: Take Highway 82 to Maroon Creek Club and drive past the Tiehack Express ski lift. Turn right onto S.Meadow Lane. Property is second home on the left.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1997
  • Tax Parcel Letter: R014425
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Partial
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: SF
  • 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: 2.0
  • General Info:Short Termable: No
  • Financing Info:Taxes2: 14922.84
  • Financing Info:Tax Year2: 2014
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • HOA Fees Includes:Management: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • Unit Faces:East: Yes
  • Style:Two Story: Yes
  • Substructure:Finished Basement: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Roof:Shake: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Has Basement: Finished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 5870.0

Exterior Features

  • Lot Features: Interior Lot, Landscaped
  • Construction Type: Wood Siding, Frame
  • Property Condition: Excellent
  • Roof: Shake
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 3 Car
  • Parking Area:_two_ Car2: Yes
  • General Info:Garage SqFt: 686.0

Utilities

  • Laundry Features: Inside
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Hot Water
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Clubhouse
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Golf: Yes
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Interior Lot: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • Location Amenities:Trees: Yes
  • HOA Amenities:Club House: Yes

Fee Information

  • Association Fee Includes: Contingency Fund, Management, Sewer, Insurance, Trash, Snow Removal, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 40510.0
  • Parcel #: 273511309011
  • Zoning: SF
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14922.84
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2014
Closed on
Nov 23, 2015
Sold by
The Lauren King Revocable Trust
Bought by
The Stephens Living Trust
Seller's Agent
Michael Perau
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Michael Perau
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$5,795,000
Sold Price
$5,680,000
Premium/Discount to List
-$115,000
-1.98%
Current Estimated Value
$10,895,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,215,366
Avg. Annual Appreciation
6.80%
Original Mortgage
$3,300,000
Outstanding Balance
$2,557,984
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$8,337,382

Purchase Details

Listed on
Jun 10, 2014
Closed on
Oct 21, 2015
Sold by
King Richard Charles
Bought by
King Lauren
Seller's Agent
Michael Perau
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Michael Perau
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$5,795,000
Sold Price
$5,680,000
Premium/Discount to List
-$115,000
-1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,300,000
Outstanding Balance
$2,557,984
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$8,337,382

Purchase Details

Closed on
Oct 27, 2008
Sold by
King Richard C and King Lauren
Bought by
The Lauren King Revocable Trust

Purchase Details

Closed on
Sep 13, 2002
Sold by
King Richard C and King Lauren
Bought by
King Richard Charles and The Richard King Family Trust

Purchase Details

Closed on
Jan 25, 2001
Sold by
Heller Morton A and Heller Lita Warner
Bought by
King Richard C and King Lauren
Source: Public Records

Range of Values:

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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
The Stephens Living Trust $5,680,000 Stewart Title
King Lauren -- None Available
The Lauren King Revocable Trust -- None Available
King Richard Charles -- --
King Richard C $4,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Stephens Living Trust $3,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2015 11/23/15 Sold $5,680,000 -2.0% $968 / Sq Ft
09/24/2015 09/24/15 Pending -- -- --
06/10/2014 06/10/14 For Sale $5,795,000 -- $987 / 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 $35,834 $1,090,000 $358,070 $731,930
2023 $35,834 $1,103,280 $362,440 $740,840
2022 $19,377 $528,520 $225,880 $302,640
2021 $19,293 $543,730 $232,380 $311,350
2020 $15,354 $429,760 $196,630 $233,130
2019 $15,354 $429,760 $196,630 $233,130
2018 $16,403 $432,760 $198,000 $234,760
2017 $14,473 $455,040 $216,000 $239,040
2016 $17,466 $537,860 $226,860 $311,000
2015 $17,241 $537,860 $226,860 $311,000
2014 $14,923 $444,900 $226,860 $218,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 134647

Aspen Glenwood MLS

APN: R014425