Tidbit: Aspen received a record breaking snowstorm(s) last week of 22-25″ with the monthly snowfall surpassing the 40-year old, 1970 record of 36″ for April totals.

According to the Aspen Times and Aspen Water Plant’s records, there were 27 inches of snow in April 2009 and 23.6 inches in April 2008. The average snowfall for the month since 1934 is 15.5 inches. (See the article.)
For last week’s market activity, here is Aspen, Snowmass Village, Woody Creek and Old Snowmass – the upper Roaring Fork Valley – real estate sales activity for all property types over $250,000 excluding fractionals. As the MLS link(s) below expire after 30 days, photos and descriptions of the closed properties have been posted to preserve a history of sold market activity. For a property and sales summary, see The Estin Report:Aspen Snowmass Weekly Real Estate Sales Statistics April 25 – May 2, 2010

Closed (8): MLS#’s – 113462, 115232, 116034,116035, 108359, 115171, 105370, 111593 Link is valid for 30 days until 6/01/10. There were two Residences at the Little Nell (RLN) 3 bedroom units that closed last week at $1.2M and $1.3. No photos of these are supplied.


MLS # 108539 – 277 Draw Drive, Base of Red Mountain, Aspen, CO: Sold Price: $11,650,000/$1,280 sq ft; Ask Price: $13,500,000. (Original Price: $17,500,000 and 528 days on the market). Under Contract Date: 01/20/10; closed on 4/30/10. This is a 2009 built, 5 bdrm/5 ba/3 half ba “sophisticated mountain contemporary 9,100 sq ft home on Red Mountain with 180 degree views of all Aspen’s major peaks. (Photos and description courtesy of Morris & Fyrwald/Sotheby’s International Real Estate)


MLS # 111593 – 72 Bridge Lane, Wood Run neighborhood, Snowmass Village, CO: Sold Price: $3,175,000/$733 sq ft; Ask Price: $3,695,000. (Original Price: $5,295,000 and 316 days on the market.) Under contract date: 03/29/10; Closed date: 4/29/10. This is a 1969 built/19968 remodeled 4,334 sq ft, 5 bdrm/6bath with separate caretaker quarters Wood Run area home with easy ski access. (Photos and description courtesy of Chafin Light Real Estate Snowmass Village).


MLS # 113462 – 1450 Mesa Rd, Shield O’Terrace Subdivision, Old Snowmass, CO: Sold Price: $2,250,000/$372 sq ft; Ask Price: $2,495,000. (Original Price: $$3,495,000. and 197 days on the market.) Under contract: 2/13/10; Closed date: 4/30/10. This is a gorgeous log constructed 6,051 sq ft home with 5 bdrms/4 baths/1 half bath, 3-car garage, built in 2001 approximately 30 minutes to Aspen (17 miles). Spectacular views looking towards Snowmass Mountain and the West Elk range.(Photos and description courtesy of Leverich & Carr Real Estate).


MLS # 115171 – 305 – 307 S. Mill St, Downtown commercial, Aspen, CO: Sold Price: $5,100,000/$970 sq ft; Ask & Original Price: $5,800,000. and 58 days on the market. This is three commercial spaces in the heart of downtown Aspen, “Never before on the market. Aspen’s most visible corner between the Wheeler Opera House and Wagner Park on Mill Street Mall. Current tenant is ”Pacifica”. Former Tenant was ”D19”. Includes the Popcorn Wagon and 2 patios. This is not a ”Cap Rate Deal”. This is a rare opportunity to own a special property” describes the listing broker.(Photos and description courtesy of Setterfield & Bright).


MLS # 115232 – 814 W. Bleeker #C-2, Aspen Villas Townhome, Aspen, CO: Sold Price: $800,000/$590. sq ft; Ask Price: $919,000. (Original Price: $925,,000 and 51 days on the market). This is 3 bedroom/2 bath, 1,357 sq ft West Aspen townnhome unit built in 1972/remodeled 2006. The listing agent remarks are, “Fabulous remodel in 2006. Fantastic value for a three bedroom townhome at Aspen Villas. Central location to town and the Aspen Music Tent. On RFTA bus route.” HOA Dues: $5,600 yr; 2009 Taxes: $1,735. (Photos and description courtesy of Joshua & Co Snowmass Village)

Under Contract/Pending (5): MLS#’s – 114284, 114102, 99889, 112430, 101139. This link is valid for 30 days until 6/01/2010. Photos of under contract properties are not posted unless special circumstances dictate.

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