NOT LISTED FOR SALE

972 Willoughby Way Aspen, CO 81611

Estimated Value: $5,756,000

1.57 Acres
$3,666,242 Price per Acre
68,389 Sq Ft Lot

Last Sold October 28, 2014

Last sale price $7,000,000

Est. 18% decrease in value since last sale

Current estimated payment $40,179/month

424 Days on Market

Highlights

  • 1.57 Acre Lot
  • Green Building
  • Views
  • Aspen Middle School Rated A-

About This Lot

As of October 2014

Located in the prestigious Pitkin Green subdivision on Red Mountain, this 1.57 acre lot features fantastic views of all four ski mountains as well as the Maroon Bells & Independence Pass, end of the road privacy, mature trees, gentle topography, and all day sun. Utilizing TDR’s, the development potential for a single family home is over 13,000 square feet (per analysis by Charles Cunniffe Architects). Build your dream home overlooking downtown Aspen!

Last Agent to Sell the Property

Craig Morris

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA40009691 Listed on: 07/08/2013

Last Buyer's Agent

Craig Morris

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA40009691 Listed on: 07/08/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $45,379

Lot Details

  • 1.57

Additional Features

  • 1.57 Acre Lot
  • Green Building
  • Property Views

Community Details

  • Property has a Home Owners Association
  • Association fees include water
  • Pitkin Green Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273501301002

Property Details

Property Type

Land

Est. Annual Taxes

$45,379

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 1.57
  • Subdivision Name: Pitkin Green
  • Directions: Red Mtn Road to Willoughby Way, past Magnifico Road.
  • Tax Parcel Letter: R003914
  • Attribution Contact: (970) 925-6060
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • Financing Info:Taxes2: 45378.68
  • Financing Info:Tax Year2: 2012
  • Sanitation:Sewer: Yes
  • Water:Community: Yes
  • HOA Fee Includes:Water2: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Exterior Features

  • Disclosures: Easements

Utilities

  • Building Features: Yes
  • Utilities: Natural Gas Available
  • Water Source: Community

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Fee Information

  • Association Fee Includes: Water

Lot Info

  • Lot Size Sq Ft: 68389.0
  • Parcel #: 273501301002
  • ResoLotSizeUnits: Acres
  • Lot Description View: Yes

Tax Info

  • Tax Annual Amount: 45378.68
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2024
Sold by
Aspen Rm 7 Llc
Bought by
972 Willoughby Way Llc
Total Days on Market
424
Current Estimated Value
$5,756,000

Purchase Details

Closed on
Jun 14, 2024
Sold by
972 Willoughby Way Llc
Bought by
Ww Colorado Holdings Llc

Purchase Details

Closed on
Oct 4, 2022
Sold by
Evans Roy David
Bought by
Aspen/Pitkin County Housing Authority

Purchase Details

Closed on
May 13, 2022
Sold by
Aspen Rm 7 Llc
Bought by
972 Willoughby Way Llc

Purchase Details

Closed on
May 11, 2022
Sold by
972 Willoughby Way Llc
Bought by
Ww Colorado Holdings Llc

Purchase Details

Listed on
Jul 8, 2013
Closed on
Oct 28, 2014
Sold by
Lot 14 Pitkin Green Llc
Bought by
972 Willoughby Way Llc
Seller's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$7,500,000
Sold Price
$7,000,000
Premium/Discount to List
-$500,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.82%

Purchase Details

Listed on
Jul 8, 2013
Closed on
Oct 27, 2014
Sold by
Elesabeths Trust
Bought by
Lot 14 Pitkin Green Llc
Seller's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$7,500,000
Sold Price
$7,000,000
Premium/Discount to List
-$500,000
-6.67%

Purchase Details

Closed on
Jan 19, 2012
Sold by
Hyde J R
Bought by
Lot 14 Pitkin Green Llc
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
972 Willoughby Way Llc -- None Listed On Document
Ww Colorado Holdings Llc -- None Listed On Document
972 Willoughby Way Llc -- None Listed On Document
Ww Colorado Holdings Llc -- None Listed On Document
Aspen Rm 7 Llc -- None Listed On Document
Aspen/Pitkin County Housing Authority -- --
972 Willoughby Way Llc -- Millard J Zimet Pc
Ww Colorado Holdings Llc -- Holland & Hart Llp
Aspen Rm 7 Llc -- Holland & Hart Llp
972 Willoughby Way Llc $7,000,000 Attorneys Title Agency
Lot 14 Pitkin Green Llc -- None Available
Lot 14 Pitkin Green Llc $5,750,000 Attorneys Title Agency Of As
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2014 10/28/14 Sold $7,000,000 -6.7% --
09/05/2014 09/05/14 Pending -- -- --
07/08/2013 07/08/13 For Sale $7,500,000 -- --
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 $96,254 $3,346,320 $936,970 $2,409,350
2023 $96,254 $3,381,490 $946,820 $2,434,670
2022 $71,267 $2,251,140 $521,250 $1,729,890
2021 $71,080 $2,315,920 $536,250 $1,779,670
2020 $29,202 $949,200 $521,950 $427,250
2019 $23,136 $752,010 $521,950 $230,060
2018 $17,996 $757,270 $525,600 $231,670
2017 $14,739 $551,830 $518,400 $33,430
2016 $45,433 $1,667,500 $1,667,500 $0
2015 $45,149 $1,667,500 $1,667,500 $0
2014 $46,231 $1,667,500 $1,667,500 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Craig Morris

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 429-1090

    74 in this area

    102 Total Sales

    Craig Morris
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Map

Source: Aspen Glenwood MLS

MLS Number: 130718

Aspen Glenwood MLS

APN: R003914

Colorado Pitkin County Aspen 81611

972 Willoughby Way, Aspen, CO

This home is located at 972 Willoughby Way, Aspen, CO 81611 since 08 July 2013 and is currently estimated at $5,756,000. 972 Willoughby Way is a home located in Pitkin County with nearby schools including Aspen Elementary School, Aspen Middle School, and Aspen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Aspen Glenwood MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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