NOT LISTED FOR SALE

980 Gibson Ave Unit 1 Aspen, CO 81611

Estimated Value: $8,808,000 - $16,217,494

0.12 Acre
$94,656,925 Price per Acre
5,340 Sq Ft Lot

Last Sold December 18, 2014

Last sale price $2,150,000 $2,198 Per Sq Ft

Est. 451% increase in value since last sale

Current estimated payment $67,911/month

51 Days on Market

About This Lot

As of December 2014

Corner lot, with views of Aspen Mountain and Independence Pass. Walking distance to downtown core. This lot offers value in Aspen's downtown core!

Last Agent to Sell the Property

Amy Doherty, mba

Amy Doherty Properties Listed on: 07/02/2014

Last Buyer's Agent

Lucy Nichols

Aspen Snowmass Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,750

Lot Details

  • 5,340 Sq Ft Lot
  • Property is zoned R-6

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 273707410001

Property Details

Property Type

Land

Est. Annual Taxes

$2,750

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 0.12
  • Subdivision Name: None
  • Directions: From Original Curve, Left on Neale Street, Right on Gibson Avenue. At the corner of Gibson and Matchless Drive.
  • Tax Parcel Letter: Roo8612
  • General Info:Zoning2: R-6
  • Listing Info:REO: No
  • Financing Info:Taxes2: 2749.6
  • Financing Info:Tax Year2: 2014
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Exterior Features

  • Disclosures: Right of 1st Refusal

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 5340.0
  • Parcel #: 273707410001
  • Zoning: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2749.6
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2016
Sold by
Van Meter Family Living Trust
Bought by
Gibson Matchess Llc
Current Estimated Value
$11,842,126

Purchase Details

Listed on
Jul 2, 2014
Closed on
Dec 18, 2014
Sold by
Md1 Llc
Bought by
Gibson Matchless Llc
Seller's Agent
Amy Doherty, mba
Amy Doherty Properties
Buyer's Agent
Lucy Nichols
Aspen Snowmass Properties
List Price
$2,500,000
Sold Price
$2,150,000
Premium/Discount to List
-$350,000
-14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.43%

Purchase Details

Closed on
Feb 1, 2006
Sold by
Pitchford Barbara
Bought by
Md1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,541,000
Interest Rate
6.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 4, 2003
Sold by
Tarbet Joseph R and Pitchford Barbara P
Bought by
Pitchford Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.17%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gibson Matchess Llc -- None Available
Gibson Matchless Llc $2,150,000 Land Title Guarantee Company
Md1 Llc $1,625,000 None Available
Pitchford Barbara $475,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Md1 Llc $1,800,000
Previous Owner Md1 Llc $1,541,000
Previous Owner Pitchford Barbara $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2014 12/18/14 Sold $2,150,000 -14.0% $2,198 / Sq Ft
08/22/2014 08/22/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $2,500,000 -- $2,556 / 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 $36,883 $1,121,910 $267,120 $854,790
2023 $36,883 $1,135,510 $270,600 $864,910
2022 $28,115 $766,870 $194,600 $572,270
2021 $27,994 $788,940 $200,200 $588,740
2020 $24,108 $674,790 $193,050 $481,740
2019 $24,108 $674,790 $193,050 $481,740
2018 $8,077 $679,510 $194,400 $485,110
2017 $5,897 $185,400 $180,000 $5,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 122778

Aspen Glenwood MLS

APN: R022295