$12,500,000
SOLD SEP 17, 2021

89 Pitkin Way Aspen, CO 81611

3 Beds
4.5 Baths
4,961 Sq Ft
0.75 Acres

Recently Sold

$2,520 Per Sq Ft

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
$11,574,066
Interest Rate
6.02%
Mortgage Type
Seller Take Back
Estimated Equity
-$29,315

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
-1.99%
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

Similar Homes in Aspen, CO

  • 77 Overlook Dr, Aspen, CO 81611

    $18,250,000

    • 6 Beds
    • 6.5 Baths
    • 6,817 Sq Ft
    • 77 Overlook Dr
    • Aspen, CO

    Stunning 6BD/6.5BA contemporary retreat in Aspen's exclusive Black Birch Estates. This ~6,800 sq ft home features an open-concept living area with soaring ceilings, gourmet kitchen, expansive terraces with two fire pits, and south-facing mountain views. Main-level primary suite offers spa-like bath and private patio access. Lower level includes a guest suite, wine room, bar, gym, and rec room.

    Joshua Saslove Douglas Elliman Real Estate-Durant

    Section Image
  • 75 Bennett Ct, Aspen, CO 81611

    $12,995,000

    • 4 Beds
    • 3 Baths
    • 3,603 Sq Ft
    • 75 Bennett Ct
    • Aspen, CO

    Nestled on a peaceful cul-de-sac atop the prestigious Ridge of Red Mountain, this beautifully remodeled 4-bedroom, 3-bath home is move-in ready and offered fully furnished with brand-new designer decor. The modern, contemporary design features an open floor plan and floor-to-ceiling windows that frame breathtaking panoramic views of Aspen Mountain, Highlands, and Buttermilk.Inside, the

    James Benvenuto Aspen Snowmass Sotheby's International Realty - Hyman Mall

    Section Image
  • 162 Bennett Bench Rd, Aspen, CO 81611

    $16,250,000

    • 5 Beds
    • 4.5 Baths
    • 3,135 Sq Ft
    • 162 Bennett Bench Rd
    • Aspen, CO

    Red Mountain Sanctuary with Unrivaled Panoramic Views.Commanding a premier position on Aspen's iconic Ridge of Red Mountain, this comfortable 4-bedroom residence offers sweeping, nearly 360-degree panoramic views spanning Independence Pass, Aspen Snowmass Mountains, to Mount Sopris, and the surrounding wilderness. Designed to embrace its extraordinary setting, the home provides an elevated

    Julie Mandt Aspen Snowmass International Realty

    Section Image
  • 1430 Silver King Dr, Aspen, CO 81611

    $15,500,000

    • 5 Beds
    • 6.5 Baths
    • 6,031 Sq Ft
    • 1430 Silver King Dr
    • Aspen, CO

    This spacious and welcoming mountain-style home is situated on nearly half an acre just minutes from downtown Aspen. Offering 6,031 square feet, 5 bedrooms plus a bunk room, and multiple living areas for comfortable family living. Thoughtfully designed with ample separation between bedrooms creates private spaces for all. There is even a separate guest quarters with private entrance. The multiple

    Jennifer Banner Compass Aspen

    Section Image
  • 645 Sneaky Ln, Aspen, CO 81611

    $12,495,000

    • 4 Beds
    • 4 Baths
    • 3,427 Sq Ft
    • 645 Sneaky Ln
    • Aspen, CO

    Riverfront single-family homes in Aspen are as rare as powder days in July. Set on a private, flat, wooded lot within city limits, this serene property offers 100 feet of Castle Creek frontage and is just minutes from downtown Aspen.The existing four-bedroom home features high wood-beamed ceilings and a light-filled, open layout. Recent updates include a new roof, updated flooring, modern

    Lex Tarumianz Aspen Snowmass Sotheby's International Realty - Hyman Mall

    Section Image
  • 504 N 8th St, Aspen, CO 81611

    $15,750,000

    • 5 Beds
    • 5.5 Baths
    • 5,036 Sq Ft
    • 504 N 8th St
    • Aspen, CO

    Experience the best of Aspen living in this stunning 5-bedroom, 5.5-bathroom home in the coveted West End. One of the five bedrooms is a private ADU, offering flexibility for guests, rental income, or a separate workspace. Perfectly positioned near the Aspen Institute, Benedict Music Tent, and endless outdoor recreation, this residence offers both convenience and tranquility just outside

    Galen Bright Setterfield & Bright

    Section Image
  • 531 W Gillespie St, Aspen, CO 81611

    $13,200,000

    • 4 Beds
    • 3.5 Baths
    • 3,596 Sq Ft
    • 531 W Gillespie St
    • Aspen, CO

    Rare and exciting opportunity to create your dream home in Aspen's highly desirable West End neighborhood. Situated on a coveted corner lot across the street from the Aspen Music Tent, Aspen Institute and Herbert Bayer Museum. With access to the Rio Grande Trail for hiking and biking and the Aspen Meadows Resort which offers neighborhood tennis and pickleball. The City of Aspen has approved a

    Lex Tarumianz Aspen Snowmass Sotheby's International Realty - Hyman Mall

    Section Image
  • 520 W Smuggler St Unit 1, Aspen, CO 81611

    $15,500,000

    • 4 Beds
    • 4.5 Baths
    • 4,017 Sq Ft
    • 520 W Smuggler St
    • Unit 1
    • Aspen, CO

    Effortless enjoyment! Luxury meets timeless style at 520 W. Smuggler, a designer-remodeled retreat by Joe McGuire Interiors, complete with a brand-new roof (2025) and a lock-and-leave ease that's hard to come by. This four-bedroom stunning home is perfectly positioned in Aspen's coveted West End, just a quick stroll to the Music Tent, Aspen Institute, and downtown. Step inside and feel

    Bubba and Tracy Eggleston Aspen Snowmass Sotheby's International Realty - Hyman Mall

    Section Image
  • 612 W Francis St, Aspen, CO 81611

    $17,000,000

    • 4 Beds
    • 4.5 Baths
    • 3,725 Sq Ft
    • 612 W Francis St
    • Aspen, CO

    Completely reimagined by acclaimed architects Rowland + Broughton, this stunning residence blends sophisticated design with contemporary refinement. Located in Aspen's historic West End, the four-bedroom home has been transformed with an uncompromising focus on quality and detail. Skylights and expansive windows flood the interiors with natural light, enhancing the home's clean lines and airy,

    Jennifer Banner Compass Aspen

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $12,500,000 --
Special Warranty Deed $12,500,000 Title Company Of The Rockies
Warranty Deed $12,250,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $12,000,000 Seller Take Back
Previous Owner $8,125,000 New Conventional
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 172090

Aspen Glenwood MLS

APN: R003151