The Estin Report: Pre-Christmas Brief Summary 2015 YTD was released 12/24/15 and Nov 2015 Aspen Snowmass Real Estate Market Snapshot was posted12/04/15 inCurrent Reports.The Monthly Snapshots are released on or near the 1st Monday of the month.

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 (11/24/15) 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 real estate, the information should be here.

_______________________

Market Activity Week 4, January 24 – 31, 2016

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:140518, 142113, 142463, 139490, 141772, 141935, 137227, 139916.This link is valid until 3/1/2016.

Under Contract/Pending (7):MLS#’s:130044, 132382, 134878, 140392, 142401, 137803, 142436. This link is valid until 3/1/2016.

Aspen Snowmass Solds Last Week:

MLS #140518 – Red Mtn Ranch, Red Mountain, 0171 Hunter Creek Road, Aspen, CO. Sold Price: $8,000,000/$2,284 sq ft. More details below photos.

MLS #140518 – Red Mtn Ranch, Red Mountain, 0171 Hunter Creek Road, Aspen, CO. Sold Price: $8,000,000/$2,284 sq ft. Asking Price: $8,499,000. (Original Price: $8,499,000 and 176 days on the market since 08/06/2015.) This is a 1985 built, 3 bedroom/3 bath, 3,502 sq ft single family residence with 1 car garage on a 31,122 sq ft lot. No broker comment. 2014 Taxes: $11,917. Under Contract Date: 08/11/2015; Sold Date: 01/29/2016. (Photos and broker comments courtesy of Whitman Fine Properties)

MLS #142113 – Scott Bldg, West End, 400 W Hopkins Avenue 6/7, Aspen, CO. Sold Price: $2,850,000/$2,260 sq ft; furnished. More details below photo.

MLS #142113 – Scott Bldg, West End, 400 W Hopkins Avenue 6/7, Aspen, CO. Sold Price: $2,850,000/$2,260 sq ft; furnished. Asking Price: $2,850,000. (Original Price: $2,850,000 and 172 days on the market since 08/07/2015.) This is a 1973 built and 2010 remodeled, 3 bedroom/3 bath, 1,261 sq ft condo. Broker comments are “Sold before MLS. Perfect location: close enough to walk to Aspen’s downtown core, but just far enough away to enjoy a little quiet. Views of Aspen ski slopes. Gorgeous,total remodel in 2010.” 2015 Taxes: $4,402; HOA Dues: $775 per month. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/11/2015; Sold Date: 01/26/2016. (Photos and broker comments courtesy of BERKSHIRE HATHAWAY HomeServices | Aspen Snowmass Properties)

MLS #142463 – Fifth Ave Condo, Central Core, 800 S Mill Street D105, Aspen, CO. Sold Price: $1,400,000/$1,147 sq ft; furnished. More details below photo.

MLS #142463 – Fifth Ave Condo, Central Core, 800 S Mill Street D105, Aspen, CO. Sold Price: $1,400,000/$1,147 sq ft; furnished. Asking Price: $1,400,000. (Original Price: $1,400,000 and 39 days on the market since 11/05/2015.) This is a 1965 built and 2006 remodeled, 3 bedroom/2 bath, 1,220 sq ft condo. No broker comment. 2015 Taxes: $3,000. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/07/2015; Sold Date: 12/14/2015. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #139490 – Aspen Villas, West End, 814 W Bleeker Street E-5, Aspen, CO. Sold Price: $1,200,000/$854 sq ft; unfurnished. More details below photos.

MLS #139490 – Aspen Villas, West End, 814 W Bleeker Street E-5, Aspen, CO. Sold Price: $1,200,000/$854 sq ft; unfurnished. Asking Price: $1,250,000. (Original Price: $1,250,000 and 258 days on the market since 05/12/2015.) This is a 1972 built and 2006 remodeled, 3 bedroom/3 bath, 1,405 sq ft townhouse. Broker comments are “Well appointed 3 bedroom, 3 bath townhome conveniently located in the heart of Aspen. The unit features an upgraded kitchen with a six-burner Thermador range, Sub-zero refrigerator, granite countertops & backsplash, stainless appliances, and modern track lighting. Additional features include an expanded kitchen and dining area, wood-burning fireplace, main level slate tile floor, custom cabinetry & trim, freshly painted interior, and new carpets. Relaxing patio off the kitchen creates ideal outside space for grilling and lounging. Great complex located within the Aspen School District, and conveniently located to the bus stop allowing easy access in or out of town.” 2014 Taxes: $2,162; HOA Dues: $1,800 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/25/2015; Sold Date: 01/25/2016. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #141772 – Good Thunder, Central Core, 305 S Aspen Street 2b, Aspen, CO. Sold Price: $572,000/$1,246 sq ft; furnished. More details below photos.

MLS #141772 – Good Thunder, Central Core, 305 S Aspen Street 2b, Aspen, CO. Sold Price: $572,000/$1,246 sq ft; furnished. Asking Price: $572,000. (Original Price: $572,000 and 55 days on the market since 11/21/2015.) This is a 1978 built and 2015 remodeled, 1 bedroom/1 bath, 459 sq ft condo. Broker comments are “The light and bright condo is centrally located in Aspen’s downtown core. Newly remodeled with granite counters and stone backsplash, modern flooring, recessed lights, overhead fan in master, and Travertine in the master bath, this condo is as functional as it is beautiful! And it’s so convenient to bus, dining and shopping, not to mention skiing! Washer/dryer in unit. Rented for $3350/mo on one year lease starting 12/14/15. Dogs allowed for owners. You could go either way on this condo—investment or owner occupy. Low HOA dues are an added bonus. Huge storage closet. 6 blocks to Gondola or 3 blocks to Lift 1A.” 2014 Taxes: $1,013; HOA Dues: $168 per Month. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/08/2015; Sold Date: 01/22/2016. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

MLS #141935 – Capitol Peak, Snowmass Village, 110 Carriage Way 3306, Snowmass Village, CO: Sold Price: $895,000/$814 sq ft; furnished. More details below photos.

MLS #141935 – Capitol Peak, Snowmass Village, 110 Carriage Way 3306, Snowmass Village, CO: Sold Price: $895,000/$814 sq ft; furnished. Asking Price: $915,000. (Original Price: $915,000 and 66 days on the market since 11/24/2015.) This is a 2008 built, 2 bedroom/2 bath, 1,099 sq ft condo. Broker comments are “This is a premier 2 bedroom located slope side. It is just steps to everything in Snowmass and has views to the ridge above Elk Camp. The location and on site amenities make this condo the perfect ski get away and great rental income property. Ski locker, hot tubs, gym, pool room, underground parking, elevator, conference center.” 2014 Taxes: $6,869; HOA Dues: $4,034 per Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/15/2015; Sold Date: 01/29/2016. (Photos and broker comments courtesy of Frias Properties of Aspen)

MLS #137227 – Aspenwood, Snowmass Village, 600 Carriage Way L-14, Snowmass Village, CO: Sold Price: $435,000/$403 sq ft; furnished. More details below photos.

MLS #137227 – Aspenwood, Snowmass Village, 600 Carriage Way L-14, Snowmass Village, CO: Sold Price: $435,000/$403 sq ft; furnished. Asking Price: $469,000. (Original Price: $498,000 and 382 days on the market since 01/12/2015.) This is a 1967 built and 2006 remodeled, 2 bedroom/2 bath, 1,078 sq ft condo. Broker comments are “Wonderful opportunity to own a 2 bedroom, 2 bath condominium in a beautifully recently renovated condominium complex with new exterior, fabulous new pool and hot tubs, work out facility and conference facility. This property is located only steps from the ski slopes, Snowmass Village Mall with restaurants, shops, parking and convenient public bus service throughout the valley. All this and one of the lowest price per square foot condominiums with ski/in-out access in Snowmass Village. Great rental property or perfect ski getaway.” 2014 Taxes: $1,417; HOA Dues: $14,840 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/30/2015; Sold Date: 01/29/2016. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Snowmass Village)

MLS #139916 – Timberline, Snowmass Village, 690 Carriageway A-2 B, Snowmass Village, CO: Sold Price: $329,000/$476 sq ft; furnished. More details below photos.

MLS #139916 – Timberline, Snowmass Village, 690 Carriageway A-2 B, Snowmass Village, CO: Sold Price: $329,000/$476 sq ft; furnished. Asking Price: $347,000. (Original Price: $347,500 and 208 days on the market since 07/02/2015.) This is a 1971 built and 2008 remodeled, 1 bedroom/1 bath, 690 sq ft condo. Broker comments are “This one-bedroom is a compelling opportunity – charming and so well-priced. Assiduously cared-for over the years, and a real winner. Upgraded fireplace, kitchen, and bath. Beautifully staged with new lamps, accessories and linen. Quiet and private location in complex with views across the valley. Easy access to slopes and to pool/spa. Rated an ‘8’ by management.” 2015 Taxes: $1,173; HOA Dues: $825 per Month. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/15/2015; Sold Date: 01/26/2016. (Photos and broker comments courtesy of BERKSHIRE HATHAWAY HomeServices | Aspen Snowmass Properties)

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 2016 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.”

_______________________________________