Aspen Real Estate Market  Last Week’s Sales: Dec 30, 2018 – Jan 6, 19 – Week 1

Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (8) + Under Contract / Pending (1).

The Dec 2018 and 2018 YR Aspen Snowmass Village Real Estate Market Snapshot Report is posted in Current Reports.  The Monthly Snapshots are posted on or near the 1st Mon. of every month.

The updated Pace of Sales Charts Q1 2007 – Q4 2018 were posted in Charts on Jan 2, 19. These answer the question “Where are we now compared to prior periods?” and indicate market direction with trend lines.

Bi-Annual – Estin Report: Aspen Snowmass Real Estate 2018 YTD and 2017 YR 

Blog Post: Dec 30, 2018 – Jan 6, 2019 Aspen CO real estate market activity, Week 1

Weekly Aspen and Snowmass CO real estate sales activity appears below for sold and under contracts properties in the upper Roaring Fork Valley over $250,000 – for Aspen, Snowmass Village, Brush Cr Village, Woody Creek and Old Snowmass. Fractional sales are not included. Photos and written descriptions of sold properties are posted here as the MLS links below expire after 30 days. For earlier dates, see the Estin Report blog archives starting in 2008 at the bottom of the page. Or use SearchEstinAspen in the menu bar to search by topic, address, subdivision, complex, date, etc.  If it’s about Aspen real estate, the information should be here.

Closed (8):  MLS#s: 151932, 147439, 152221, 155168, 155288, 156818, 157408, 157420. This link is valid until 2/5/2018.

Under Contract/Pending (1): MLS#s: 152563. This link is valid until 2/5/2018.

Sold Properties Last Week:

MLS #155168 – 50 N River Road, Snowmass, CO (Old Snowmass): Sold Price: $1,486,800/$216 sq ft. More details below photo.

MLS #155168 – 50 N River Road, Snowmass, CO: Sold Price: $1,486,800/$216 sq ft. Old Snowmass single family home for sale. Ask Price: $1,486,700. Tim’s notes:  (Original Price: $5,950,000/$1,010 sq ft since 09/18/2006.) What the internet won’t tell you…Depending on one’s definition of a deal, this looks like one and everything has its price…the property  is located opposite the Old Snowmass Conoco Gas Station just off Hwy 82 on the north side of the Roaring Fork River. There is significant highway 82 impact. Broker comments are “Tremendous opportunity to own your dream estate on the Roaring Fork River! Situated on 43+ acres and surrounded by BLM land, this custom home is conveniently located close to the Aspen Snowmass Ski Resort. The expansive multi-level estate is filled with great features including a large kitchen with granite counter tops and stainless appliances, an enormous living room with floor to ceiling river rock fireplace and magnificent view windows. Great tile throughout the home and each room has unique features including extensive use of river rock and tremendous views from almost any room in the house. This is the year-round paradise you have been searching for.” 2016 taxes: $17,979. Under Contract Date: 10/11/2018; Sold Date: 12/28/2018. (Photos and broker comments courtesy of Owners.com)

MLS #155288 – West Aspen, 755 Castle Creek Drive, Aspen, CO: Sold Price: $4,940,000/$1,452 sq ft; unfurnished. More details below photos.

MLS #155288 – West Aspen, 755 Castle Creek Drive, Aspen, CO: Sold Price: $4,940,000/$1,452 sq ft; unfurnished. Aspen duplex/half-duplex for sale. Ask Price: $5,425,000. (Original Price: $4,995,000 and 158 days on the market since 07/19/2018.) This is a 2018 built, 4 bedroom/4 bath/1 half-bath, 3,400 sq ft duplex/half-duplex with 2 car garage on a 21,178 sq ft lot. The adjoining half-duplex at 745 Castle Creek Dr. closed on 10/25/18 at $5.04M/$1,491 sq ft. Broker comments are “Brand new townhome. Completion date end of October.  One of a kind home in West Aspen. Currently unit is under construction pictures reflect adjoining unit on South facing unit but will have same finishes and is the same floorplan. New Mountain Contemporary Modern luxury describes this 3,400 sqft. new Aspen home. The four-bedroom four and a half-bath smart home includes bluetooth keyless entry system, wi-if thermostatically controlled heating and cooling system with capability to add security and camera surveillance. Roof mounted 4.6kw solar panels generate electricity, offsetting electrical bill. High efficiency Lutron RA two lighting systems.” 2017 taxes: $2,500. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/23/2018; Sold Date: 01/02/2019. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #157408 – North Nell, Central Core, 555 E Durant Avenue 4J, Aspen, CO: Sold Price: $3,900,000/$2,906 sq ft. More details below photo.

MLS #157408 – North Nell, Central Core, 555 E Durant Avenue 4J, Aspen, CO: Sold Price: $3,900,000/$2,906 sq ft. Aspen condos for sale. Ask Price: $3,900,000. (Original Price: $3,900,000 and on the market since 01/02/2019.) This is a 1965 built 2 bedroom/2 bath, 1,342 sq ft condo. Tim’s notes: Seller paid $350,000 on 03/10/1984.  Total appreciation = 986%; annual appreciation = 7.35%.  Sold before MLS. No broker comments. 2018 taxes: $6,503. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/02/2019; Sold Date: 01/02/2019. (Photos and broker comments courtesy of Raczak Real Estate CO Inc.)

MLS #157420 – Chateau Roaring Fork Condominiums, Central Core, 1039 E Cooper Avenue 27A, Aspen, CO: Sold Price: $2,100,000/$2,210 sq ft; furnished. More details below photos.

MLS #157420 – Chateau Roaring Fork, Central Core, 1039 E Cooper Avenue 27A, Aspen, CO: Sold Price: $2,100,000/$2,210 sq ft; furnished. Aspen condos for sale. Ask Price: $2,250,000. (Original Price: $2,250,000 and 13 days on the market since 12/01/2018.) This is a 1968 built and 2015 remodeled, 2 bedroom/2 bath, 950 sq ft condo. Tim’s notes: Photos show unit prior to remodel when it sold on 07/09/12 at $850,000/$895 sq ft. Broker comments are “Sold before MLS”. No new photos. 2017 taxes: $1,234. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/03/2018; Sold Date: 12/14/2018. (Photos and broker comments courtesy of Adler Real Estate)

MLS #147439 – Ullr Commons, West End, 520 W Main Street 23, Aspen, CO: Sold Price: $1,600,000/$915 sq ft; furnished. More details below photos.

MLS #147439 – Ullr Commons, West End, 520 W Main Street Unit 23, Aspen, CO: Sold Price: $1,600,000/$915 sq ft; furnished. Aspen townhomes for sale. Ask Price: $1,699,000. (Original Price: $1,870,000 and 1,017 days on the market since 12/14/2015.) This is a 1966 built and 2006 remodeled, 3 bedroom/2 bath/1 half-bath, 1,748 sq ft townhome. Tim’s notes: This is the sole free market unit in the Ullr Commons, a 28 unit deed restricted complex in which APCHA, Aspen Pitkin County Housing Authority holds authority (See Condominiums Declaration.). Broker comments are “Conveniently located to town, this 3 bedroom, 2.5 bathroom townhome is an easy 5 block walk to the renowned Hotel Jerome and downtown Aspen. Nicely appointed with high-end finishes throughout, including steam shower and jacuzzi tub, and this delightful two-level townhome comes with two off-street parking spaces and one onstreet parking permit. An open floor concept on the main upstairs living level creates an excellent flow from kitchen to the outdoor deck with views of Aspen Mountain & Shadow Mountain. Relax and enjoy the warmth of the wood-burning fireplace and vaulted ceilings with skylights providing an abundance of natural light. This beautiful townhome is offered completely turnkey with all present furnishings.” 2017 taxes: $3,805; HOA Dues: $4,262 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/31/2018; Sold Date: 12/28/2018. (Photos and broker comments courtesy of Douglas Elliman Real Estate-Hyman Ave)

MLS #156818 – Chateau Roaring Fork, Condominiums, Central Core, 1039 E Cooper Avenue, Aspen, CO: Sold Price: $1,005,000/$1,415 sq ft; partially furnished. More details below photos.

MLS #156818 – Chateau Roaring Fork Condos, Central Core, 1039 E Cooper Avenue, Aspen, CO: Sold Price: $1,005,000/$1,415 sq ft; partially furnished. Aspen condos for sale. Ask Price: $1,050,000. (Original Price: $1,050,000 and 54 days on the market since 11/09/2018.) This is a 1969 built, 1 bedroom/1 bath, 710 sq ft condo. Tim’s notes: The unit previously sold on 04/06/07 at $925,000/$1,302 sq ft. Broker comments are “Open the Windows and enjoy the sights and sounds of the Roaring Fork River from this Large 1 Br located on the River, Great short term rental history, Complete Exterior Remodel on entire complex was just completed, ski lockers and hallways remodeled and new doors. Extremely popular complex includes Pool, Hot Tub, Sauna, Conference Facility, Couple minutes walking distance to Gondola, Owner Pet allowed. A must see, 24hr Notice required. Turn-Key, Ready for the Winter Rentals.” 2017 taxes: $1,610; HOA Dues: $7,200. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/15/2018; Sold Date: 01/02/2019. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen).

MLS #151932 – Capitol Peak Condominiums, 110 carriage Way 3203, Snowmass Village, CO: Sold Price: $658,800/$822 sq ft; furnished. More details below photos.

MLS #151932 – Capitol Peak Condos, 110 carriage Way 3203, Snowmass Village, CO: Sold Price: $658,800/$822 sq ft; furnished. Snowmass Village condos for sale. Ask Price: $695,000. (Original Price: $695,000 and 375 days on the market since 12/23/2017.) This is a 2008 built, 1 bedrooom/1 bath, 801 sq ft condo. Broker comments are “Oversized 801 sq.ft. Master King One Bedroom with Central A/C, Master Bath with tub and shower.Great large balcony with views.This Newer Base Village Unit offers the best of ski-in, ski-out locations in Snowmass. Steps from the Base Village Mall with restaurants, shopping, mini-mart, kids ski school, right between the Elk Camp Gondola and Snowmass 6 person Chairlift. The unit comes furnished turnkey down to the silverware. Location, Location, and Location! Also, extra large cage storage locker downstairs, Just replaced new w/d in unit, Gated off parking space in parking garage by elevator that takes you to the unit, 2 oversized hot tubs, pool table, Lounge Area and complete fitness area. And Large ski storage locker on Village Level and just 50 feet from the Elk Camp Gondola.In best bldg.A.” 2016 taxes: $2,984; HOA Dues: $3,143 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/13/2018; Sold Date: 01/02/2019. (Photos and broker comments courtesy of Aspen Snowmass Real Estate, LLC)

MLS #152221 – Aspenwood Condominiums, 600 Carriage Way JB, Snowmass Village, CO: Sold Price: $575,000/$521 sq ft; furnished. More details below photos.

MLS #152221 – Aspenwood, 600 Carriage Way JB, Snowmass Village, CO: Sold Price: $575,000/$521 sq ft; furnished. Snowmass Village condos for sale. Ask Price: $617,500. (Original Price: $649,000 and 1,200 days on the market since 08/10/2015.) This is a 2009 built, 2 bedrooom/2 bath, 1,102 sq ft condo. Broker comments are “Luxuriously appointed, turn-key, two bedroom, two bath unit with over 1,100 square feet. Professional interior decorating, full luxury kitchen, granite counters, stainless steel appliances, hardwood floor, custom blinds, radiant floor heating and marble bathrooms. Double sinks in master bathroom, glass enclosed shower, commode room and a pool recreation area. Great ski-in and ski-out access and close to everything in Snowmass. First condo complex above the Snowmass Village Mall.” 2017 taxes: $1,725; HOA Dues: $15,667 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/03/2018; Sold Date: 12/28/2018. (Photos and broker comments courtesy of Engel & Volkers Snowmass).

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