The Estin Report: 1st Quarter and Spring 2014 State of the Aspen Market and the Estin Report: May 2014 Monthly Market Snapshot of Aspen Snowmass Real Estate werereleased Wed June 4, 14, 2014 in the current reports section. The monthly snapshots are released on or near the 1st Monday of each month.
A recent 5/13/14 news article on strengthening Aspen property sales cited Jan-April 2014 Estin Report stats.
Last week’s Aspen and Snowmass sales activity appears below. Scroll down page for photos and details of weekly solds 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. Or use SearchEstinAspen to search by topic, address, subdivision or complex name, date etc. If it’s about Aspen real estate, the information should be here.
Click image for May 2014 Aspen Real Estate Market Snapshot pdf in Current Reports
Market Activity Week 24, June 8 – June 15, 2014: 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 (9): MLS #’s: 130427, 130566, 132327, 133902, 134675, 134690, 127880, 126275, 130216. This link is valid until 7/15/2014.
Under Contract / Pending (8): MLS #’s: 111817, 134592, 130380, 134481, 134599, 134146, 127633. This link is valid until 7/15/2014.
Aspen Snowmass Solds Last Week
MLS #130427 – Aspen, West Aspen, West Meadow single family home, 1357 Mountain View Drive, Aspen, Sold Price; $3,280,000/$792 sq ft partially furnished. More details below photos.
MLS #130427 – Aspen, West Aspen, West Meadow single family home, 1357 Mountain View Drive, Aspen, Sold Price; $3,280,000/$792 sq ft partially furnished; Asking Price: $3,550,000. (Original Price: $4,250,000 and 724 days on the market since 06/25/2012.) This is a 1995 built, 4 bedroom/4 bath/1 half bath, 4,137 sq ft single family home with 3 car garage on a 15,000 sq ft lot. Broker comments are, “Fabulous Mountain Modern home in Aspen’s West Meadow Subdivision. Wonderful split-level with open floor plan & soaring ceilings in the living room. Dining & kitchen up 1/2 level from living room. Spacious & private upper level master suite with large, luxurious bath & closet. Three additional suites surrounding the walkout family room. No subgrade space. Private, corner lot with mature landscaping & fenced yard. Huge 3-car garage.” 2013 Taxes: $5,656; HOA Dues: $100 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/18/2014; Sold Date: 06/12/2014. (Photos and broker comments courtesy of Bowden Winnerman Real Estate.)
MLS #130566 – Aspen, Brush Creek Village single family home, 1226 Medicine Bow Road, Aspen, CO: Sold Price: $1,750,000/$498 sq ft unfurnished. More details below photos.
MLS #130566 – Aspen, Brush Creek Village single family home, 1226 Medicine Bow Road, Aspen, CO: Sold Price: $1,750,000/$498 sq ft unfurnished; Asking Price: $1,875,000. (Original Price: $1,875,000 and 347 days on the market since 06/27/2013.) This is a 2002 built/2011 remodeled, 4 bedroom/4 bath/1 half bath, 3,513 sq ft single family home with 2 car garage on a 89,298 sq ft lot. Broker comments are, “Beautiful home in a coveted, private setting in Brush Creek Village with all day sun and surrounded by views. This home was designed with plenty of windows to take advantage of the long range mountain vistas which include Aspen Mountain, the Continental Divide, McClain Flats and the Woody Creek Corridor. The property also boasts a flat yard area (rare for BCV) that extends from the large covered patio, a wonderful outdoor gathering place. The home is perfectly set up for a family, or for a professional couple with the master suite on the main level. For those who desire to be in what many term “West Aspen”, the convenience of the BCV location offers close proximity to both Aspen and Snowmass at a great value. Oversized heated 2-car garage.” 2013 Taxes: $7,401; HOA Dues: $226 Qtr. Under Contract Date: 05/02/2014; Sold Date: 06/06/2014. (Photos and broker comments courtesy of B.J. Adams & Co.)
MLS #132327 – Aspen, West Aspen single family lot, 0874 Conundrum Road, Aspen, CO: Sold Price: $701,000. More details below photos.
MLS #132327 – Aspen, West Aspen single family lot, 0874 Conundrum Road, Aspen, CO: Sold Price: $701,000; Asking Price: $750,000. (Original Price: $799,000 and 1,452 days on the market since 03/01/2010.) This is a 38,289 sq ft isngle family lot in West Aspen. Broker comments are, “This is a great single family lot, filled with Aspen Trees and evergreens. View and privacy. One Minute from the Conundrum Trail head with hiking and horseback riding. Electric and well in place. The property lines are clearly marked for showings.” 2013 Taxes: $156. Under Contract Date: 04/10/2014; Sold Date: 06/13/2014. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)
MLS #133902 – Aspen, West End, Villas of Aspen condo, 100 N. Eighth Street 36, Aspen, CO: Sold Price: $2,350,000/$1,122 sq ft furnished. More details below photos.
MLS #133902 – Aspen, West End, Villas of Aspen condo, 100 N. Eighth Street 36, Aspen, CO: Sold Price: $2,350,000/$1,122 sq ft furnished; Asking Price: $2,350,000. (Original Price: $2,700,000 and 949 days on the market since 10/19/2011.) This is a 1972 built/2010 remodeled, 3 bedroom/3 bath/1 half bath, 1,960 sq ft condo. Broker comments are, “An exceptionally designed and decorated three bedroom townhouse is truly one of a kind. This quiet end unit has been recently remodeled with wide plank hardwood floors, Italian plaster walls, surround sound system with iPod docking systems and flat screen TV’s. Just a short walk into town.” 2013 Taxes: $2,762; HOA Dues: $1,695 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/15/2014; Sold Date: 06/10/2014. (Photos and broker comments courtesy of Aspen Real Estate Co.)
MLS #134675 – Aspen, Central core, Sequin Building commercial, 304 E. Hopkins Avenue #1, 2, 3, 4, 5, Aspen, CO: Sold Price: $4,250,000/$771 sq ft. More details below photos.
MLS #134675 – Aspen, Central core, Sequin Building commercial, 304 E. Hopkins Avenue #1, 2, 3, 4, 5, Aspen, CO: Sold Price: $4,250,000/$771 sq ft; Asking Price: $4,250,000. (Original Price: $4,250 and 19 days on the market since 05/03/2014.) This is a 1983 built, 5,508 sq ft commercial building in downtown Aspen. 2013 Taxes: $29,378. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/03/2014; Sold Date: 05/22/2014. (Photo courtesy of Setterfield & Bright.)
MLS #134690 – Aspen, Central Core commercial, 517 E. Hopkins Avenue, Aspen, CO: Sold Price: $10,000,000/$548 sq ft; Asking Price: $10,000,000. (Original Price: $10,000,000 and sold before MLS.) This is a 1983 built, 18,241 sq ft commercial building in downtown Aspen. 2013 Taxes: $41,418. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/09/2014; Sold Date: 06/10/2014.
MLS #127880 – Snowmass Village, Chamonix condo, 476 Wood Road 34, Snowmass Village, CO: Sold Price: $1,175,000/$841 sq ft furnished. More details below photos.
MLS #127880 – Snowmass Village, Chamonix condo, 476 Wood Road 34, Snowmass Village, CO: Sold Price: $1,175,000/$841 sq ft furnished; Asking Price: $1,395,000. (Original Price: $1,595,000 and 556 days on the market since 12/03/2012.) This is a 1985 built, 3 bedroom/3 bath, 1,397 sq ft condo with 1 car garage. Broker comments are, “Welcome to Chamonix at Woodrun, Snowmass’ premier slopeside retreat dressed with European charm. Considered one of the most prestigious properties in all of Snowmass, property re-sales are a rare event. Located at the intersection of Assay Hill and Funnel ski trails, skiing (and/or biking and hiking) in and out are as good as it gets. The unit itself consists of 3 bedrooms/3 baths in a spacious and open all-on-one level floorplan where you have breathtaking views from almost any seat in the condominium. The complex also offers a slopeside heated pool and whirlpool spa (right next to this unit), well appointed ski locker rooms, interior elevators, a board room, exercise room, and underground private parking. Go ahead, indulge yourself.” 2013 Taxes: $4,007; HOA Dues: $39,657 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 04/08/2014; Sold Date: 06/06/2014. (Photos and broker comments courtesy of B.J. Adams & Co.)
MLS #130216 – Snowmass Village, Enclave condo, 360 Wood Road 302, Snowmass Village, CO: Sold Price: $540,000/$495 sq ft furnished. More details below photos.
MLS #130216 – Snowmass Village, Enclave condo, 360 Wood Road 302, Snowmass Village, CO: Sold Price: $540,000/$495 sq ft furnished; Asking Price: $675,000. (Original Price: $1,100,000 and 1,246 days on the market since 11/10/2010.) This is a 1977 built, 2 bedroom/2 bath, 1,092 sq ft condo. Broker comments are, “Vaulted ceilings, wood fireplace, slope side access for skiing. This two bedroom Enclave condominium has the most popular features for your new Snowmass Village getaway. Recently remodeled throughout, enjoy the views uphill towards Elk Camp Gondola and across the Snowmass Valley. Great amenities provided by the Enclave includes designated covered parking, year-round pool, hot tub, workout area, and professional on-site management and rental.” 2013 Taxes: $2,987; HOA Dues: $16,681 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 04/29/2014; Sold Date: 06/13/2014. (Photos and broker comments courtesy of Joshua & Co.)
MLS #126275 – Snowmass Village, Lichenhearth condo, 150 Carriage Way 13, Snowmass Village, CO: Sold Price: $325,000/$503 sq ft furnished. More details below photos.
MLS #126275 – Snowmass Village, Lichenhearth condo, 150 Carriage Way 13, Snowmass Village, CO: Sold Price: $325,000/$503 sq ft furnished; Asking Price: $400,000. (Original Price: $400,000 and 713 days on the market since 07/03/2012.) This is a 1968 built, 1 bedroom/1 bath, 645 sq ft condo. Broker comments are, “Top floor vaulted ceilings at the Lichenhearth! Enjoy valley views from this standard studio condominium located immediately above Base Village. Bonus bunk room! Direct ski access to Fanny Hill and access to the heated pool and hot tub makes this property an excellent rental. Unit heat included in the assessment.” 2013 Taxes: $1,060; HOA Dues: $1,888. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 04/18/2014; Sold Date: 06/12/2014. (Photos and broker comments courtesy of Joshua & Co.)
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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 at970.309.6163 or by email. The Estin Report is copyrighted 2014 and all rights reserved. Use is permitted subject to the following attribution with link to the source: “The Estin Report on the Aspen real estate market”
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