Seller's Agent in 2024
Steven Shane
Compass Aspen
(970) 925-6063
84 in this area
134 Total Sales
5
Beds
9
Baths
7,896
Sq Ft
0.69
Acres
Highlights
- Spa
- 0.69 Acre Lot
- 8 Fireplaces
- Aspen Middle School Rated A-
- Green Building
- Corner Lot
About This Home
As of May 2024A unique opportunity to own a classic Red Mountain estate at an asking price of only $1,633 per sq. ft. Built in 2002, this elegant home features the finest in finishes and furnishings. Designed by highly regarded aspen architect, Charles Cunniffe, the millwork and cabinetry is custom designed and installed from New York. Brazilian walnut floors, Colorado limestone, and period piece antiques throughout. Dramatic views of Aspen Mountain and surrounding mountain ranges. Completely turnkey, this may be the best opportunity currently available on Red Mountain.
Last Agent to Sell the Property
Steven Shane
Shane Aspen Listed on: 10/08/2014
Last Buyer's Agent
Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA100025125
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,972
Year Built
- Built in 2002
Lot Details
- 0.69 Acre Lot
- South Facing Home
- Southern Exposure
- Corner Lot
- Gentle Sloping Lot
- Sprinkler System
- Landscaped with Trees
- Property is in excellent condition
Parking
- 3 Car Garage
Home Design
- Brick or Stone Mason
- Frame Construction
- Shake Roof
- Stone Siding
Interior Spaces
- 3-Story Property
- Furnished
- 8 Fireplaces
- Gas Fireplace
- Window Treatments
- Home Security System
- Property Views
- Finished Basement
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Spa
- Patio
Utilities
- Central Air
- Heating System Uses Natural Gas
- Radiant Heating System
- Water Rights Not Included
- Water Softener
- Cable TV Available
Additional Features
- Green Building
- Mineral Rights Excluded
Listing and Financial Details
- Assessor Parcel Number 273706403002
Community Details
Overview
- Property has a Home Owners Association
- Association fees include contingency fund, sewer, trash, snow removal, ground maintenance
- Red Mountain Ranch Subdivision
Recreation
- Snow Removal
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2024
Closed on
May 1, 2024
Sold by
Phillips Stephen Norbert
Bought by
916 Hunter Creek Llc
Seller's Agent
Steven Shane
Compass Aspen
Buyer's Agent
Sam Augustine
Compass Aspen
List Price
$29,900,000
Sold Price
$23,500,000
Premium/Discount to List
-$6,400,000
-21.4%
Views
45
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,387,689
Avg. Annual Appreciation
-22.56%
Original Mortgage
$15,000,000
Outstanding Balance
$14,788,701
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$1,682,121
Purchase Details
Listed on
Oct 8, 2014
Closed on
Jan 6, 2015
Sold by
Blechman Steve and Blechman Elyse
Bought by
Phillips Stephen Norbert
Seller's Agent
Steven Shane
Shane Aspen
Buyer's Agent
Chris Klug
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$12,900,000
Sold Price
$10,000,000
Premium/Discount to List
-$2,900,000
-22.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%
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 |
|---|---|---|---|
| Warranty Deed | $23,500,000 | Land Title | |
| Warranty Deed | $10,000,000 | Attorneys Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $15,000,000 | New Conventional | |
| Previous Owner | $3,300,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,000,000 | Credit Line Revolving | |
| Previous Owner | $400,000 | Credit Line Revolving | |
| Previous Owner | $3,500,000 | Unknown | |
| Previous Owner | $3,500,000 | Construction | |
| Previous Owner | $1,100,000 | Unknown | |
| Previous Owner | $1,100,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2024 05/01/24 | Sold | $23,500,000 | -9.3% | $3,035 / Sq Ft |
| 04/16/2024 04/16/24 | Pending | -- | -- | -- |
| 03/16/2024 03/16/24 | Price Changed | $25,900,000 | -13.4% | $3,345 / Sq Ft |
| 03/16/2024 03/16/24 | For Sale | $29,900,000 | 0.0% | $3,862 / Sq Ft |
| 03/01/2024 03/01/24 | Pending | -- | -- | -- |
| 04/06/2023 04/06/23 | Price Changed | $29,900,000 | -12.1% | $3,862 / Sq Ft |
| 01/30/2023 01/30/23 | For Sale | $34,000,000 | +240.0% | $4,391 / Sq Ft |
| 01/06/2015 01/06/15 | Sold | $10,000,000 | -22.5% | $1,266 / Sq Ft |
| 10/27/2014 10/27/14 | Pending | -- | -- | -- |
| 10/08/2014 10/08/14 | For Sale | $12,900,000 | -- | $1,634 / 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 | $58,501 | $2,033,840 | $635,350 | $1,398,490 |
| 2023 | $58,501 | $2,056,280 | $642,360 | $1,413,920 |
| 2022 | $36,272 | $1,145,760 | $417,000 | $728,760 |
| 2021 | $36,178 | $1,178,730 | $429,000 | $749,730 |
| 2020 | $36,735 | $1,194,050 | $371,800 | $822,250 |
| 2019 | $36,735 | $1,194,050 | $371,800 | $822,250 |
| 2018 | $27,674 | $1,318,590 | $374,400 | $944,190 |
| 2017 | $24,039 | $1,046,620 | $360,000 | $686,620 |
| 2016 | $24,004 | $881,000 | $398,000 | $483,000 |
| 2015 | $21,315 | $787,240 | $398,000 | $389,240 |
| 2014 | $20,366 | $734,560 | $310,440 | $424,120 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Shane
-
Sam Augustine
Buyer's Agent in 2024
Sam Augustine
Compass Aspen
(646) 629-4353
19 in this area
269 Total Sales
-
Chris Klug
C
Buyer's Agent in 2015
Chris Klug
Aspen Snowmass Sotheby's International Realty - Hyman Mall
(970) 948-7055
46 in this area
111 Total Sales
Map
Source: Aspen Glenwood MLS
MLS Number: 131963
APN: R003464
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