NOT LISTED FOR SALE

975 King St Aspen, CO 81611

Estimated Value: $4,898,000 - $14,504,512

5 Beds
3 Baths
2,765 Sq Ft
$3,509/Sq Ft Est. Value

Last Sold July 08, 2019

Last sale price $5,150,000 $1,863 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $55,138/month

175 Days on Market

Highlights

  • Maid or Guest Quarters
  • Main Floor Primary Bedroom
  • Views
  • Aspen Middle School Rated A-
  • 2 Fireplaces
  • 1-minute walk to Procktor Open Space

About This Home

As of July 2019

Prime Aspen property that captures the rare combination of views, privacy and a short walk to downtown shops and restaurants! Over a third of an acre with a flat building area and an existing home to rent or occupy during the design/permit/build process. Preliminary zoning analysis indicates a single family home of over 4,000 square feet above grade can be built (with additional below grade space). Herron Park and the Rio Grande trail are a three minute walk and the popular Smuggler & Hunter Creek trails are nearby. Great opportunity to build exactly what you want in a superb location.

Last Agent to Sell the Property

Andrew Ernemann

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA100028587 Listed on: 11/13/2018

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Co-Listed By

Craig Morris

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA40009691

Last Buyer's Agent

Lucy Nichols

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA944395

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,336

Year Built

  • Built in 1930

Lot Details

  • 0.38 Acre Lot
  • Home has North and South Exposure
  • Southern Exposure
  • Fence is in average condition
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is in average condition
  • Property is zoned R-15

Home Design

  • Frame Construction
  • Shake Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Property Views
  • Finished Basement

Kitchen

  • Oven
  • Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • No Garage

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Rights Not Included

Additional Features

  • Patio
  • Accessory Dwelling Unit (ADU)
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273707400023

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include sewer
  • Townsite Of Aspen Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,336

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Co List Office Mls Id: ASSHMA
  • Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Range, Dishwasher
  • Subdivision Name: Townsite of Aspen
  • Directions: Main Street to Neale Ave. Pass Herron Park, go up the hill, turn right on King Street. House is on right hand side on a shared driveway.
  • Above Grade Finished Sq Ft: 1865.0
  • Carport Y N: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1930
  • Tax Parcel Letter: R005384
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-15
  • General Info:Unfinished SqFt: 353.0
  • General Info:Main Floor Master: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: Yes
  • General Info:Levels: 3.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 7336.28
  • Financing Info:Tax Year2: 2018
  • Extras:GuestCaretaker Qtrs: Yes
  • Extras:PatioDeck: Yes
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Water Rights:No3: Yes
  • Miscellaneous:Under Construction3: No
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • General Info:LvHtSqFt (Abv Grnd): 1865.0
  • Unit Faces:North: Yes
  • General Info:LvHtSqFt (Blw Grnd): 900.0
  • Unit Faces:South: Yes
  • Condition:Average: Yes
  • Substructure:Finished Basement: Yes
  • Carport:_two_ Car: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Freezer: Yes
  • Roof:Metal: Yes
  • Roof:Shake: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Finished
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 900.0
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2765.0
  • Fireplace:Gas: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Type: Wood Siding, Frame
  • Property Condition: Average
  • Roof: Shake, Metal
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: None

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 16616.0
  • Parcel #: 273707400023
  • Zoning: R-15
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7336.28
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 1996
Bought by
Isaac Thomas D Rev Trst
Current Estimated Value
$9,701,256
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Isaac Thomas D Rev Trst -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2019 07/08/19 Sold $5,150,000 -14.1% $1,863 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
11/13/2018 11/13/18 For Sale $5,995,000 -- $2,168 / 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 $57,147 $1,738,310 $394,460 $1,343,850
2023 $57,147 $545,260 $398,390 $146,870
2022 $17,319 $479,340 $326,650 $152,690
2021 $12,802 $367,950 $336,050 $31,900
2020 $8,660 $242,380 $214,500 $27,880
2019 $8,404 $242,380 $214,500 $27,880
2018 $7,077 $244,070 $216,000 $28,070
2017 $6,244 $203,520 $180,000 $23,520
2016 $7,058 $225,310 $206,960 $18,350
2015 $6,967 $225,310 $206,960 $18,350
2014 $7,622 $235,200 $222,880 $12,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 156788

Aspen Glenwood MLS

APN: R005384