964 Faraway Rd Snowmass Village, CO 81615
5
Beds
5.5
Baths
4,647
Sq Ft
0.77
Acres
Highlights
- Spa
- Contemporary Architecture
- Cul-De-Sac
- Aspen Middle School Rated A-
- Furnished
- Interior Lot
About This Home
As of August 2024Surrounded by mature Aspen trees and conifers, this meticulously maintained home in the Ridge Run neighborhood has panoramic views of sunrises, sunsets, Brush Creek Valley, the Rim Trail, and beyond to the mountains of Eagle Valley. Its light-filled interior includes five bedrooms, five and one half baths, and several inviting common areas for gathering. The spacious gourmet kitchen has bamboo cabinets and flooring, while outdoor decks offer long range views as well as glimpses into the private wrap around yard and surrounding mountain habitat. The house offers many beautiful spaces inside and out for entertaining. A cascading waterfall and hot tub in the private back yard complete this sanctuary.
Last Agent to Sell the Property
Aspen Snowmass Sotheby's International Realty-Snowmass Village Brokerage Phone: (970) 923-2006 License #n/a Listed on: 07/07/2021
Last Buyer's Agent
non- member
Non-Member Office
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,787
Year Built
- Built in 1980
Lot Details
- 0.77 Acre Lot
- Cul-De-Sac
- Northeast Facing Home
- Interior Lot
- Gentle Sloping Lot
- Landscaped with Trees
- Property is in excellent condition
HOA Fees
- $9 Monthly HOA Fees
Parking
- 1 Car Garage
Home Design
- Contemporary Architecture
- Frame Construction
- Membrane Roofing
Interior Spaces
- 4,647 Sq Ft Home
- 3-Story Property
- Furnished
- Wood Burning Fireplace
- Crawl Space
- Property Views
Kitchen
- Oven
- Stove
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Spa
- Patio
Location
- Mineral Rights Excluded
Utilities
- Air Conditioning
- Heating System Uses Natural Gas
- Radiant Heating System
- Baseboard Heating
- Water Rights Not Included
Community Details
- Association fees include sewer
- Ridge Run Subdivision
Listing and Financial Details
- Assessor Parcel Number 273301401026
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 20, 2024
Closed on
Aug 30, 2024
Sold by
Mckenna Michael P
Bought by
St Jean Real Investments Llc
Seller's Agent
Steven Shane
Compass Aspen
Buyer's Agent
Alexandra George
AG Aspen
List Price
$8,700,000
Sold Price
$7,200,000
Premium/Discount to List
-$1,500,000
-17.24%
Views
20
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.57%
Original Mortgage
$5,250,000
Outstanding Balance
$5,196,145
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$3,159,738
Purchase Details
Listed on
Jul 7, 2021
Closed on
Dec 10, 2021
Sold by
Michael W Walters Irrevocable Trust
Bought by
Mckenna Michael P
Seller's Agent
The Team at ASSIR
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Buyer's Agent
non- member
Non-Member Office
List Price
$4,800,000
Sold Price
$4,000,000
Premium/Discount to List
-$800,000
-16.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.54%
Original Mortgage
$2,800,000
Interest Rate
2.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 7, 2021
Closed on
Nov 17, 2021
Sold by
Michael W Walters Irrevocable Trust
Bought by
Mckenna Michael P
Seller's Agent
The Team at ASSIR
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Buyer's Agent
non- member
Non-Member Office
List Price
$4,800,000
Sold Price
$4,000,000
Premium/Discount to List
-$800,000
-16.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
2.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 19, 2012
Sold by
Walters Michael W
Bought by
Michael W Walters Irrevocable Trust
Purchase Details
Closed on
Sep 20, 2010
Sold by
Mccarthy Deborah Berg
Bought by
Walters Michael W
Similar Home in the area
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 |
|---|---|---|---|
| Special Warranty Deed | $7,200,000 | Land Title Guarantee | |
| Contract Of Sale | -- | -- | |
| Special Warranty Deed | $4,000,000 | Land Title Guarantee | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | $2,700,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $5,250,000 | New Conventional | |
| Previous Owner | $1,000,000 | Construction | |
| Previous Owner | $2,800,000 | New Conventional | |
| Previous Owner | $1,500,000 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2024 09/19/24 | Price Changed | $85,000 | +30.8% | $18 / Sq Ft |
| 09/03/2024 09/03/24 | For Rent | $65,000 | 0.0% | -- |
| 08/30/2024 08/30/24 | Sold | $7,200,000 | -8.9% | $1,549 / Sq Ft |
| 08/05/2024 08/05/24 | Pending | -- | -- | -- |
| 08/01/2024 08/01/24 | Price Changed | $7,900,000 | -3.7% | $1,700 / Sq Ft |
| 07/17/2024 07/17/24 | Price Changed | $8,200,000 | -5.7% | $1,765 / Sq Ft |
| 05/20/2024 05/20/24 | For Sale | $8,700,000 | +117.5% | $1,872 / Sq Ft |
| 11/18/2021 11/18/21 | Sold | $4,000,000 | -16.7% | $861 / Sq Ft |
| 09/24/2021 09/24/21 | Pending | -- | -- | -- |
| 07/07/2021 07/07/21 | For Sale | $4,800,000 | -- | $1,033 / 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 | $18,177 | $404,780 | $182,590 | $222,190 |
| 2023 | $18,177 | $411,410 | $185,580 | $225,830 |
| 2022 | $10,860 | $213,300 | $93,830 | $119,470 |
| 2021 | $11,042 | $219,440 | $96,530 | $122,910 |
| 2020 | $9,679 | $190,610 | $85,800 | $104,810 |
| 2019 | $9,679 | $190,610 | $85,800 | $104,810 |
| 2018 | $10,500 | $191,940 | $86,400 | $105,540 |
| 2017 | $10,011 | $202,330 | $72,000 | $130,330 |
| 2016 | $10,248 | $207,680 | $69,650 | $138,030 |
| 2015 | $9,189 | $207,680 | $69,650 | $138,030 |
| 2014 | $8,505 | $190,310 | $103,480 | $86,830 |
Source: Public Records
Agents Affiliated with this Home
-
A
Seller's Agent in 2024
Alexandra George
AG Aspen
-
S
Seller's Agent in 2024
Steven Shane
Compass Aspen
-
T
Seller's Agent in 2021
The Team at ASSIR
Aspen Snowmass Sotheby's International Realty-Snowmass Village
-
n
Buyer's Agent in 2021
non- member
Non-Member Office
Map
Source: Aspen Glenwood MLS
MLS Number: 170982
APN: R002390
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