NOT LISTED FOR SALE

Tbd Pitkin Way Unit Lot 1 Aspen, CO 81611

Estimated Value: $7,882,000

0.98 Acre
$8,042,857 Price per Acre
42,689 Sq Ft Lot

Last Sold September 26, 2013

Last sale price $5,250,000

Est. 50% increase in value since last sale

Current estimated payment $49,031/month

453 Days on Market

Highlights

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

About This Lot

As of September 2013

Set in Red Mountain's exclusive Pitkin Reserve, this lot is perfect to build your dream home or purchase with 64 Pitkin Way for a private compound. Lot is almost an acre in size. Build 6,528 sqft above grade. Enjoy Aspen Mountain views and the close proximity of the Rio Grande Trail right out your back door that leads to downtown Aspen. This lot is also a combined listing with 64 Pitkin Way. MLS: 130086

Last Agent to Sell the Property

Tony DiLucia

Aspen Associates Realty Listed on: 06/05/2012

Co-Listed By

Chris Flynn

Aspen Associates Realty

Last Buyer's Agent

Thomas Melberg

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #EA196381

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,011

Year Built

  • 2021

Lot Details

  • 0.98 Acre Lot
  • Corner Lot
  • Property is zoned PUD R30

Additional Features

  • Green Building
  • Mineral Rights Excluded
  • Water Rights Not Included
  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 273501407001

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include road maintenance, snow removal, ground maintenance
  • On-Site Maintenance

Recreation

  • Snow Removal

Property Details

Property Type

Land

Est. Annual Taxes

$18,011

Year Built

2021

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 0.98
  • Co List Office Mls Id: AspenAssoA
  • Co List Office Phone: 970-544-5800
  • Subdivision Name: None
  • Directions: Follow Mill Street towards Red Mountain, turn left on Willoughby Way. Follow until Pitkin Way on the left. Continue to the end of the road, lot is on the left.
  • Tax Parcel Letter: R010631
  • General Info:Zoning2: PUD R30
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Financing Info:Taxes2: 18011.4
  • Financing Info:Tax Year2: 2012
  • Sanitation:Sewer: Yes
  • Mineral Rights:No2: Yes
  • Water Rights:None6: Yes
  • Lot Description:Corner Lot2: Yes
  • HOA Fee Includes:Grounds Maintenance2: Yes
  • HOA Fee Includes:Snow Removal2: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None
  • Year Built (Public Record): 2021

Utilities

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

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Pets Allowed/Renter
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes

Fee Information

  • Association Fee Includes: Road Maintenance, Snow Removal, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 42689.0
  • Parcel #: 273501407001
  • Zoning: PUD R30
  • ResoLotSizeUnits: Acres
  • Lot Description View: Yes

Tax Info

  • Tax Annual Amount: 18011.4
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2020
Sold by
Fleeger Family First Limited Partnership
Bought by
Scarlett Aspen Llc
Total Days on Market
453
Current Estimated Value
$7,882,000

Purchase Details

Closed on
Sep 27, 2019
Sold by
Lafield Aspen Ventures Llc
Bought by
Fleeger Family First Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,037,500
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 5, 2012
Closed on
Sep 25, 2013
Sold by
Jackson Land Company
Bought by
Lafield Aspen Ventures Llc
Seller's Agent
Tony DiLucia
Aspen Associates Realty
Buyer's Agent
Thomas Melberg
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$6,500,000
Sold Price
$5,250,000
Premium/Discount to List
-$1,250,000
-19.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.53%
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
Scarlett Aspen Llc $24,324,000 None Available
Scarlett Aspen Llc $24,324,000 None Available
Fleeger Family First Lp $8,625,000 Land Title Guarantee
Lafield Aspen Ventures Llc $5,250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fleeger Family First Lp $14,302,631
Previous Owner Fleeger Family First Lp $6,037,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2013 09/26/13 Sold $5,250,000 -19.2% --
09/01/2013 09/01/13 Pending -- -- --
06/05/2012 06/05/12 For Sale $6,500,000 -- --
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 $86,417 $2,628,640 $1,003,590 $1,625,050
2023 $86,417 $2,656,850 $1,014,360 $1,642,490
2022 $59,857 $1,632,680 $566,430 $1,066,250
2021 $27,464 $774,000 $582,730 $191,270
2020 $20,436 $572,000 $572,000 $0
2019 $82,887 $2,320,000 $2,320,000 $0
2018 $75,266 $2,320,000 $2,320,000 $0
2017 $66,411 $2,088,000 $2,088,000 $0
2016 $54,149 $1,667,500 $1,667,500 $0
2015 $53,450 $1,667,500 $1,667,500 $0
2014 $58,363 $1,740,000 $1,740,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 125816

Aspen Glenwood MLS

APN: R010631