The Estin Report Aspen Snowmass Weekly Sales and Statistics: Closed (4) and Under Contract (4): Aug 21 – 28, 11

Tim Estin is an active Aspen real estate broker with Mason Morse located in the center of Aspen. This blog, www.AspenRealEstateBlog.com or Tim Estin’s blog, is released Monday mornings and sometimes in-between. The Estin Reports are released quarterly, annually and also special reports. For blog archives, scroll to bottom of this page and search by date or topic. Or search this site in SearchEstinAspen.com on the menu bar. If it’s about Aspen real estate, chances are there’s something about it here. Follow @EstinAspen on twitter for Aspen Snowmass real estate news, market updates, statistics, commentary and reports or subscribe to RSS feeds with the button on the left.

Link to The Estin Report: 1st Half 2011 State of the Aspen Market (released 07/14/11)

See“Mega-mansion Deals Spur Rebound in Aspen Market” , 07/17/11 Sunday Business, Grand Junction Sentinel

Last Week’s Market Highlights – Aspen Snowmass Real Estate Sales and Under Contract Activity: Last week’s real estate sold and under contract activity appears below for the upper Roaring Fork Valley for all property types over $250,000 in Aspen, Snowmass Village, Woody Creek and Old Snowmass excluding fractionals. Because the MLS links below expire after 30 days, photos and written descriptions of the closed properties are posted here to preserve an archive of sold market activity. For past sales, scroll to page bottom and search by time period.

Under Contract / Pending (4): MLS# 112684, 120009, 120907, 118417. Link is valid for 30 days until 9/27/2011. Photos and descriptions of under contracts /pending are not posted unless special circumstances dictate.

Closed (4): MLS# 118765, 119209, 109771, 116443. Link is valid for 30 days until 9/27/2011.

Featured Sold Aspen Properties Last Week
MLS #118765 – In-town newly remodeled exterior and interior 2 bdrm Condo, 104 W. Cooper Unit 4 Penthouse, Aspen CO: Sold at Ask Price: $3,595,000/$2,222 sq ft !!

MLS #118765 – In-town newly remodeled exterior and interior 2 bdrm Condo, 104 W. Cooper Unit 4 Penthouse, Aspen CO: Sold at Ask Price: $3,595,000/$2,222 sq ft; Original Price: $3,750,000 and on the market for 436 days since 09/05/2010.This is a beautifully 1972 built/2011 remodeled top floor 2 bedroom/2 bath, 1618 sq ft in-town condo. The broker’s comments, “THE ASPEN PENTHOUSE AT KOCH PARK. Looking for sexy NYC Park Ave elegance? This brand NEW never before offered, luxury penthouse residence is just what you are looking for and nestled on the edge of Aspen’s bustling core. Offering top floor, south facing corner privacy and the security of forever-unobstructed ski mountain views. Sophisticated and perfection in design, detail and furnished for the truly discriminating buyer. Beautiful exotic woods and custom built-in’s, soundproof windows and walls. 12”’ high ceiling in the great room and 10′ ceilings in bedrooms. Radiant heated floors & AC. Extra owner storage rm & ski locker, 2 assigned parking spaces (possible garage in future by HOA) Exquisite 5 Star. Turn Key. Quick closing…Across the street from Koch Park, the west end corner, quiet side, common area lawn side. Go up the stairs to the penthouse. Listing Agent to accompany all showings.” 2011 Taxes: $3,816 Yr; HOA Dues: $1,800 Qtr. Under Contract Date: 08/17/11; Sold Date: 08/26/11. City of Aspen RETT Transfer Tax of 1.5% payable by buyer. (Photos and description courtesy of Mason Morse Real Estate.)

MLS #118289 – North of Nell Condominium, Base of Aspen Mountain, 555 E Durant #3M Aspen, CO: Sold Price: $2,400,000/$1,626 sq ft. (This is the only photo provided.)

MLS #118289 – North of Nell Condominium, Base of Aspen Mountain, 555 E Durant #3M Aspen, CO: Sold Price: $2,400,000/$1,626 sq ft; Ask and Original Price: $2,995,000 and on the market 253 days since 12/22/2010. THis is a 1968 built condo complex with exterior remodel done in 2009. It is a 3 bedroom/2.5 bath, 1,476 sq ft unit with 1-car garaged parking. The broker’s comments, “The North of Nell is ideally located at the base of Aspen Mountain.” 2009 Taxes: $6,387 Yr; HOA Dues: $1,220 Mos. Under Contract Date: 08/19/11; Sold Date: 08/25/11. City of Aspen RETT Transfer Tax of 1.5% payable by buyer. (Photos and description courtesy of Raczak Real Estate.)

MLS # 109771 – Snowmass Ski-in/Ski-out lot, TBD Faraway Rd, Snowmass Village, CO: Sold Price: $2,000,000; Ask and Original Price: $2,995,000. and on the market 907 days. The broker’s comments are, “Located directly on West Fork ski run with dramatic, sweeping, 360 degree views that include the Hanging Valley Wall and Continental Divide. Adjacent to the National Forest for supreme access to hiking, biking and skiing. Wonderful privacy. You won’t find anything like this for the price – incredible opportunity! Seller Financing Available.” (Photos and description courtesy of .)

MLS #116443 – Seasons 4 Condominium, 35 Lower Woodbridge Rd #157, Snowmass Village, CO: Sold Price: $375,000/$394 sq ft. This is a 2 bedroom/1 bath, 952 sq ft unit. Town of Snowmass Transfer tax of 1% payable by buyer.

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