The Estin Report: July YTD 2015 Aspen Snowmass Monthly Market Snapshotwas posted 08/0315 in Current Reports. The August 2015 Snapshot will be released by late Wed Sept. 2nd. The Snapshots are released on or near the 1st Monday of the month.

The 1st Half 2015 State of the Aspen Market Report is in process.

See recent Before/After redevelopment‘flip job’ examplesin Miscellaneous Info at the bottom of the Menu Bar on the left. These are properties that have been recently or are currently being redeveloped for re-sale. This post is updated (08/24/15) as additional re-sale properties come on the market at significantly higher prices.

Last week’s Aspen and Snowmass sales activity appears below. Scroll down the page for photos and details of weekly sales and under contract / pending Aspen properties in the past 4 weeks. For earlier dates, use the down arrow to search the blog archives by year and date to 2008. Or useSearchEstinAspenin the menu bar to search by topic, address, subdivision, complex, date, etc. If it’s about Aspen, the information should be here.

_______________________

Market Activity Week 35, August 23 – 30, 2015

Aspen Snowmass real estate weekly sales and under contract activity appears below for all Aspen, Snowmass Village, Woody Creek and Old Snowmass properties over $250,000 excluding fractionals in the upper Roaring Fork Valley. As the MLS links below expire after 30 days, photos and written descriptions of select closed properties (those with excellent photography) are posted here to preserve an archive of sold market activity.

Closed (8):MLS #’s:135706,137252,137528,137619,135601,135999,137122,139217. This link is valid until 09/29/2015.

Under Contract/Pending (9):MLS#’s:139773,133639,135048,137137,139313,139399,140271,140319,140695. This link is valid until09/29/2015.

Aspen Snowmass Solds Last Week:

MLS #135601 – West Aspen, 203 Oregon Trail, Aspen, CO. Sold Price: $4,256,000/$851 sq ft; furnished. More details below photos.

MLS #135601 – West Aspen, 203 Oregon Trail, Aspen, CO. Sold Price: $4,256,000/$851 sq ft; furnished.Asking Price: $3,995,000. (Original Price: $3,995,000 and 225 days on the market since 08/01/2014.) This is a 1998 built, 5 bedroom/5 bath/1 half-bath, 5,000 sq ft townhouse with 2 car garage on a 4,055 sq ft lot. Broker comments are “This fully furnished 5 bedroom – 5.5 bath Maroon Creek Townhouse is turnkey and priced to sell. It’s located just steps from the Tie-Hack lift at Buttermilk. The vaulted ceilings with exposed wood beams and elegant furniture and fireplaces make for a warm and cozy home. The kitchen has high end appliances and plenty of room to cook for guests or just eat in. The home can be accessed from the underground heated parking and private garage or from the massive front door.” 2013 Taxes: $8,260; HOA Dues: $1,500 per Month. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/08/2015; Sold Date: 08/27/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #137122 – West End Commercial, 420 W Main Street, Aspen, CO. Sold Price: $3,850,000 sq ft. More details below photos.

MLS #137122 – West End Commercial, 420 W Main Street, Aspen, CO. Sold Price: $3,850,000 sq ft.Asking Price: $4,950,000. (Original Price: $6.95M and 1,043 days on the market since 08/13/2012.) This is a 1971 built, 6-10 units, 5,060 sq ft commercial industrial zoned building on a 6,000 sq ft lot. Broker comments are “Rare opportunity to own an entire (non historic) mixed use building on Main St in Aspen. This 5,462 square foot building includes two office suites on the ground floor, totaling 2,662 square feet. There are also four one-bedroom apartments on the upper level totaling 2,800 square feet. Each apartment includes washer/ dryer, private balcony, private storage room and parking. This building has available unused FAR and an allowable 2100 SF roof deck with 360 degree views. Tremendous visibility on Main Street, with easy access to everything.” 2014 Taxes: $20,700. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/11/2015; Sold Date: 08/24/2015. (Photos and broker comments courtesy of Leah Davis)

MLS #137619 – West Aspen, 729 Cemetery Lane Unit: 731, Aspen, CO. Sold Price: $3,350,000/$1,111 sq ft; unfurnished.More details below photos.

MLS #137619 – West Aspen, 729 Cemetery Lane Unit: 731, Aspen, CO. Sold Price: $3,350,000/$1,111 sq ft; unfurnished.Asking Price: $3,650,000. (Original Price: $3,650,000 and 197 days on the market since 02/09/2015.) This is a 1990 built, 4 bedroom/2 bath, 3,014 sq ft Duplex/Half Duplex with 2 car garage. Broker comments are “Light, bright and sleek 4 bedroom 1/2 duplex with high ceilings with big volume located directly on the 15th fairway of the Aspen Golf Course. Well removed and buffered from Cemetery Lane, this property features stunning views of the golf course, Highlands, Buttermilk and all the way to Sopris. Immaculately maintained, gently used home with tons of storage and a 2-car garage.” 2014 Taxes: $4,662; HOA Dues: TBD. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/15/2015; Sold Date: 08/25/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #137252 – East Aspen/Mountain Valley Subdivision, 97 Mountain Laurel Court, Aspen, CO. Sold Price: $2,594,143/$867 sq ft; unfurnished.More details below photos.

MLS #137252 – East Aspen / Mountain Valley Subdivision, 97 Mountain Laurel Court, Aspen, CO. Sold Price: $2,594,143/$867 sq ft; unfurnished.Asking Price: $3,000,000. (Original Price: $3,000,000 and 233 days on the market since 01/06/2015.) This is a 1977 built and 1982 remodeled, 4 bedroom/3 bath/1 half-bath, 2,992 sq ft single family home on a 16,896 sq ft lot. The property sold at or near lot value. Broker comments are “Well kept, multi-level mountain home perfect for local, family or second homeowner. Bright and airy with open Living Room with vaulted ceilings. Second level living and master, lower family room and walkout. Spacious decks, private treed lot and dramatic views of Independence Pass. Transportation options: Dial-a-ride taxi service for $1.00 and Mountain Valley Shuttle Bus to and from town.” 2013 Taxes: $3,952. Under Contract Date: 06/27/2015; Sold Date: 08/27/2015. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen)

MLS #135706 – Central Core / Aspen Townhouse Condos, 108 W Hyman Unit 4 Avenue, Aspen, CO. Sold Price: $1,100,000/$1,260 sq ft; unfurnished.More details below photos.

MLS #135706 – Central Core / Aspen Townhouse Condos, 108 W Hyman Unit 4 Avenue, Aspen, CO. Sold Price: $1,100,000/$1,260 sq ft; unfurnished.Asking Price: $1,125,000. (Original Price: $1,375,000 and 729 days on the market since 07/15/2015.) This is 2 bedroom/2 bath, 873 sq ft Duplex/Half Duplex. Broker comments are “Very rare and unique opportunity to own in the Aspen Townhouses Complex. Recently renovated light and bright with new oak floors, caesarstone countertop, new appliances and washer dryer. 2 Blocks from the core with generous courtyard, 2 parking spaces, and a large storage area, this two bed two bath is the perfect mix for a variety of buyers. This property has great neighbors and views of AJAX from the deck off the living room.” 2012 Taxes: $1,927; HOA Dues: $1,125 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/20/2015; Sold Date: 08/21/2015. (Photos and broker comments courtesy of Bowden Properties)

MLS #139217 – Original Curve Condos, Central Core, 725 E Main Street Unit #110, Aspen, CO. Sold Price: $329,000/$940 sq ft; partial-furnished.More details below photos.

MLS #139217 – Original Curve Condos, Central Core, 725 E Main Street Unit #110, Aspen, CO. Sold Price: $329,000/$940 sq ft; partial-furnished.Asking Price: $365,000. (Original Price: $365,000 and 97 days on the market since 05/20/2015.) This is a studio / 1 bath, 350 sq ft condo. Broker comments are “Conveniently located downtown studio. Great light from the unobstructed ground floor windows. Built in Murphy-bed/dining table with book case. Walk to everything!” 2015 Taxes: $655; HOA Dues: $270 per Month. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/02/2015; Sold Date: 08/25/2015. (Photos and broker comments courtesy of Aspen Associates Realty Group LLC)

MLS #137528 – Hunter Creek, Smuggler, 1324 Vine Street, Aspen, CO. Sold Price: $265,000/$676 sq ft; unfurnished.More details below photo.

MLS #137528 – Hunter Creek, Smuggler, 1324 Vine Street, Aspen, CO. Sold Price: $265,000/$676 sq ft; unfurnished.Asking Price: $279,000. (Original Price: $299,000 and 197 days on the market since 02/05/2015.) This is a 1980 built, 1 bath, 392 sq ft condo. Broker comments are “Put your own spin on this affordable 2nd floor studio with lovely views towards Hunter Creek. Ripe for remodel, this unit has a wood burning stove, is located across from the pool, hot tubs and tennis courts. Hunter Creek is a well run, well maintained complex with ample parking, located near hiking and mountain bike trails, enjoy free bus service and is an easy walk to downtown Aspen.” 2014 Taxes: $644; HOA Dues: $142 per Month. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/22/2015; Sold Date: 08/21/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #135999 – Country Club, Snowmass Village, 0176 Fairway Drive, Snowmass Village, CO: Sold Price: $1,775,000/$721 sq ft.More details below photos.

MLS #135999 – Country Club, Snowmass Village, 0176 Fairway Drive, Snowmass Village, CO: Sold Price: $1,775,000/$721 sq ft.Asking Price: $1,995,000. (Original Price: $1,995,000 and 628 days on the market since 09/20/2013.) This is a 1979 built and 2003 remodeled, 4 bedroom/3 bath/1 half-bath, 2,460 sq ft single family home with 1 car garage on a 6,930 sq ft lot. Broker comments are”Delightful, sunny and renovated home with log accents, skylights, multiple decks. New kitchen, baths and flooring. Commanding 2-sided stone fireplace. Views of Mt. Daly and Garret’s Peak. Easy walk to Two Creeks lift and to The Snowmass Club. Near shuttle and school bus route. Borders common area. Beautifully maintained. Lovely family neighborhood.” 2014 Taxes: $3,891; HOA Dues: $90 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 07/20/2015; Sold Date: 08/26/2015. (Photos and broker comments courtesy of Aspen Snowmass Properties|BJ Adams and Company-SMV)

Tim Estin welcomes your business, inquiries and comments. Call him at970.309.6163or email him from theContact Page. Subscribe to The Estin Report and blog on twitter@EstinAspenby clicking “Join the conversation” button below or click one of the different subscription options in banner at the top of page:

Recent Estin Report tweets on Aspen Real Estate

{loadposition articlepos}

Disclaimer: The statements made in The Estin Report and on Aspen broker Tim Estin’s blog represent the opinions of the author and should not be relied upon exclusively to make real estate decisions. A potential buyer and/or seller is advised to make an independent investigation of the market and of each property before deciding to purchase or to sell. To the extent the statements made herein report facts or conclusions taken from other sources, the information is believed by the author to be reliable, however, the author makes no guarantee concerning the accuracy of the facts and conclusions reported herein. Information concerning particular real estate opportunities can be requested from Tim Estin at970.309.6163or byemail.The Estin Report is copyrighted 2015 and all rights reserved. Use is permitted subject to the following attribution with a live link to the source:“The Estin Reporton Aspen Real Estate.”

_______________________________________