NOT LISTED FOR SALE

89 Pitkin Way Aspen, CO 81611

Estimated Value: $9,439,000 - $13,650,502

3 Beds
4.5 Baths
4,961 Sq Ft
$2,327/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $12,500,000 $2,520 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $67,948/month

Highlights

  • Spa
  • River Front
  • Contemporary Architecture
  • Aspen Middle School Rated A-
  • 0.75 Acre Lot
  • Hydromassage or Jetted Bathtub

About This Home

As of September 2021

Sold before MLS.

Last Agent to Sell the Property

Riley Warwick

Douglas Elliman Real Estate-Durant Brokerage Phone: (970) 925-8810 License #FA100054819 Listed on: 09/20/2021

Douglas Elliman Real Estate-Durant

Last Buyer's Agent

Riley Warwick

Aspen Snowmass Sotheby's International Realty-Snowmass Village

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,394

Year Built

  • Built in 1987

Lot Details

  • 0.75 Acre Lot
  • River Front
  • Cul-De-Sac
  • Southern Exposure
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in good condition
  • Property is zoned R-30

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture
  • Brick or Stone Mason
  • Slab Foundation
  • Frame Construction
  • Tar and Gravel Roof
  • Composition Roof
  • Composition Shingle Roof
  • Stone Siding

Interior Spaces

  • 4,961 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • 4 Fireplaces
  • Gas Fireplace
  • Home Security System
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Spa
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include sewer
  • Pitkin Green Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 273501402009

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,394

Year Built

Built in 1987

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.75
  • Subdivision Name: Pitkin Green
  • Directions: From Willoughby Way, turn left onto Pitkin Way. House is at the end of the cul-de-sac.
  • Architectural Style: Two Story, Contemporary
  • Master Model: No
  • New Construction: No
  • Year Built: 1987
  • Tax Parcel Letter: R003151
  • Attribution Contact: (970) 925-8810
  • Location Info:Furnished: Partial
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-30
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 32393.84
  • Financing Info:Tax Year2: 2020
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Exterior:Stone Siding: Yes
  • Substructure:Slab: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Condition:Good: Yes
  • Roof:Composition Shingles: Yes
  • Style:Two Story: Yes
  • Water:Community: Yes
  • Cooling:Central AC: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Roof:Tar Gravel: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 6000.0
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 4
  • Fireplace: Yes
  • Living Area: 4961.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Landscaped
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Stone Veneer, Stone, Frame
  • Foundation Details: Slab
  • Property Condition: Good
  • Roof: Tar/Gravel, Composition
  • Construction:Frame: Yes
  • Construction:Stone: Yes

Garage/Parking

  • Keywords Info:Garage: 3 Car

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Community
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 1500.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 1500.0
  • Financing Info:Association Fee Frequency2: Quarterly
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Cul-de-Sac: Yes
  • Location Amenities:River Frontage: Yes
  • Location Amenities:Borders Public Land: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 32670.0
  • Parcel #: 273501402009
  • Zoning: R-30
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 32393.84
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2022
Sold by
Mathers Nicholas
Bought by
Mathers Irrevocable Trust
Current Estimated Value
$11,544,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000,000
Outstanding Balance
$11,615,759
Interest Rate
6.02%
Mortgage Type
Seller Take Back
Estimated Equity
-$1,427,680

Purchase Details

Listed on
Sep 20, 2021
Closed on
Sep 17, 2021
Sold by
Roadsend Llc
Bought by
Mathers Nicholas
Seller's Agent
Riley Warwick
Douglas Elliman Real Estate-Durant
Buyer's Agent
Riley Warwick
Douglas Elliman Real Estate-Durant
List Price
$12,500,000
Sold Price
$12,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.12%
Original Mortgage
$8,125,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 26, 2015
Closed on
Oct 7, 2015
Sold by
Blitt Chela
Bought by
Roadsend Llc
Seller's Agent
Joshua Saslove
Douglas Elliman Real Estate-Durant
Buyer's Agent
Tim Estin MBA
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$12,000,000
Sold Price
$12,250,000
Premium/Discount to List
$250,000
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.34%

Purchase Details

Closed on
Mar 8, 2015
Sold by
Blitt Irwin
Bought by
Blitt Chela
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
Mathers Irrevocable Trust $12,500,000 --
Mathers Nicholas $12,500,000 Title Company Of The Rockies
Roadsend Llc $12,250,000 None Available
Blitt Chela -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathers Irrevocable Trust $12,000,000
Previous Owner Mathers Nicholas $8,125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 For Sale $12,500,000 0.0% $2,520 / Sq Ft
09/17/2021 09/17/21 Sold $12,500,000 +2.0% $2,520 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
10/08/2015 10/08/15 Sold $12,250,000 +2.1% $2,469 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
08/26/2015 08/26/15 For Sale $12,000,000 -- $2,419 / 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 $44,254 $1,538,530 $1,203,120 $335,410
2023 $44,254 $1,556,160 $1,216,910 $339,250
2022 $33,142 $1,046,870 $785,350 $261,520
2021 $33,055 $1,077,000 $807,950 $269,050
2020 $32,219 $1,047,260 $786,500 $260,760
2019 $32,219 $1,047,260 $786,500 $260,760
2018 $28,550 $1,054,580 $792,000 $262,580
2017 $24,800 $928,490 $734,400 $194,090
2016 $19,953 $732,340 $617,700 $114,640
2015 $19,013 $702,200 $617,700 $84,500
2014 $19,268 $694,960 $604,960 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 172090

Aspen Glenwood MLS

APN: R003151