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321 Oak Lane

321 Oak Lane, Aspen, CO 81611
House in Pitkin
Sold Feb 13, 2020
$1,250,000
$770,000 by Bay Equity Llc
Mortgage Due Mar 01, 2050
Sold Oct 23, 2015
$750,000
$600,000 by Alpine Bank
Mortgage Due Oct 25, 2045
321 Oak Lane in Aspen, CO was first built in 1998 and is 26 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a prefab, modular style. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 321 Oak Lane has 3,656 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,438 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. The quality of the control joints have been graded by the local assessor with a letter grade of B+. The exterior walls of the home are made of wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 321 Oak Lane sold most recently in Feb 13, 2020 for a total of $1,250,000. If you work out the math, that's approximately a cost of $683.81 per sqft. Before that, the property was also sold for $750,000 in Oct 23, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,722 in taxes each year. 321 Oak Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $127,520. If we break it down further, the land itself was valued at $53,690. Improvements to the property, however, were assessed at a total of $73,830. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2005
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B+
  • Building Style: Prefab, Modular
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,438
  • Total Building Area: 1,828
  • Gross Building Area: 1,828
  • Building Area: 1,828
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,656
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SMUGGLER PARK
  • Land Acres: 0.079
  • Standard Land Use Code: Modular/pre-fabricated homes
  • Legal Description 1: SUBDIVISION: SMUGGLER PARK LOT: 321

Ownership

  • Current Owner : REVEAL MICHAEL
  • Current Owner 2: CLARK CASARAE
  • Previous Owner : BURNS MICHAEL R
  • Previous Owner 2: BURNS TAMARA L
  • Owner Before Previous Owner: ASPEN SQUARE CONDO ASSOC INC

Neighborhood

  • School District Name: Aspen School District 1
  • Census Tract: 000403

Geography

  • Account Number: R016922
  • Parcel: 273707490321
  • Lot: 321
  • Municipality: 1-AFS
  • Latitude: 39.1922
  • Longitude: -106.811

    Address

  • Full Address: 321 Oak Ln
  • Address - House Number: 321
  • Address - Street Name: Oak
  • Address - Suffix Type: Ln
  • State: CO
  • City Name: Aspen
  • Carrier Code: C005
  • 4-Digit Zip Code: 2186
  • Zip Code: 81611

Valuation

    Tax

  • Total Area: 1,828
  • Tax Year: 2023
  • Tax Amount: $3,722

    Appraisal Valuation

  • Standard Deviation: 0.2434
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 65
  • Final Value: 1,973,808
  • High Value: 2,454,396
  • Low Value: 1,493,220

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $770,000
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: Feb 13, 2020
  • First Open Lien Mortgage Loan Amount: $770,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2050

    Market Valuation

  • Market Total Value: $1,885,000
  • Market Land Value: $793,700
  • Market Improvement Value: $1,091,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $127,520
  • Assessed Land Value: $53,690
  • Assessed Improvements Value: $73,830

    Sales

  • Current Sale Contract Date: Feb 13, 2020
  • Current Sale Recording Date: Feb 13, 2020
  • Current Sale Transaction ID: 11730183378
  • Current Sale Price: $1,250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 662735
  • Previous Sale Recording Date: Oct 23, 2015
  • Previous Sale Contract Date: Oct 23, 2015
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: Feb 13, 2020
  • First Mortgage Loan Amount: $770,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: ALPINE BANK
  • Previous Mortgage Transaction Date: Oct 23, 2015
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $600,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 25, 2045

About Aspen



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Frequently Asked Questions

What neighborhood is 321 Oak Lane located in?
The 321 Oak Lane is a house located in the neighborhood of Pitkin in Aspen, Aspen.
What is the average sales price for listings in 321 Oak Lane?
The average sales price for units in 321 Oak Lane is $1,400,000 , or $766/sqft. currently.

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