The Estin Report Aspen Snowmass Weekly Real Estate Sales and Statistics: Closed (4) and Under Contract (8): Aug 12 – 19, 2012

Scroll down page for photos and details of sold and under contract Aspen properties in the past 3 weeks. For earlier dates, use the down arrow to the blog archives and search by date. Or use SearchEstinAspen to search by topic, address, date etc. If it’s about Aspen real estate, it should be here.

The Estin Report: July 2012 Market Snapshot Aspen Snowmass Real Estate (posted Aug. 3, 12)

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Aspen Snowmass Snapshot

The Estin Report: 2nd Quarter/1st Half 2012 State of the Aspen Market (posted 7/16/12 )

Click image for exec. summary and full report

Last Week’s Market Activity – Aspen Snowmass real estate weekly sales statistics and under contract activity appears below for all Aspen, Snowmass Village, Woody Creek and Old Snowmass properties over $250,000 in the upper Roaring Fork Valley excluding fractionals. Because the MLS links below expire after 30 days, photos and written descriptions of closed properties with excellent photography are posted here to preserve an archive of sold market activity. For sales in the past month, scroll down; for earlier dates, use the down arrow and search by time period.

Under Contract / Pending (8): MLS #: 118550, 126104, 125125, 126491, 126775, 122850, 125882, 116774. This link is valid for 30 days until 09/19/2012. Photos and descriptions of under contracts are not posted unless special circumstances or significance dictate.

Closed (4): MLS #: 123013, 123542, 97218, 123871. This link is valid for 30 days until 09/19/2012.

Aspen Snowmass Solds Last Week:

MLS #123013 – Aspen, Central Core, Silver Glo condo, 940 Waters Avenue #206, Aspen, CO: Sold Price: $530,000/$746 sq ft furnished. More details below photos.

MLS #123013 – Aspen, Central Core, Silver Glo condo, 940 Waters Avenue #206, Aspen, CO: Sold Price: $530,000/$746 sq ft furnished; Asking Price: $558,400. (Original Price: $873,000 and 985 days on the market since 05/26/2009.) This is a 1970 built, 2 bedroom/2 bath, 710 sq ft condo. Broker comments are, “This second-floor condo is just four blocks to the Silver Queen Gondola and the core. Wood-burning fireplace, amenities include on-site mgmt., check-in and front desk, heated pool, free on-site parking, free Aspen airport transfers, During ski season, Silverglo provides shuttle to downtown and the gondola.” 2011 Taxes: $1,562; HOA Dues: $1,675 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/21/2012; Sold Date: 08/16/2012. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #123542 – Aspen, Smuggler, Park Circle condo, 431 Park Circle C4, Aspen, CO: This is a Short Sale. Sold Price: $405,000/$648 sq ft. More details below photos.

MLS #123542 – Aspen, Smuggler, Park Circle condo, 431 Park Circle C4, Aspen, CO: This is a Short Sale. Sold Price: $405,000/$648 sq ft; Asking Price: $450,000. (Original Price: $650,000 and 1,261 days on the market since 06/01/2006.) This is a 1975, 1 bedroom/1 bath, 625 sq ft condo. Broker comments are, “Top floor corner unit in town. Recent remodel includes new doors and energy efficient windows. Remodeled kitchen with new cabinets, travertine tile and quartz countertops. All new stainless steel kitchen appliances. New hot water heater, washing machine. Pet friendly. Assigned parking. Covered deck with views overlooking creek. On Hunter Creek bus line, for quick convenient access to downtown / gondola.” 2011 Taxes: $1,640; HOA Dues: $525 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/25/2012; Sold Date: 08/15/2012. (Photos and broker comments courtesy of Leverich & Carr.)

MLS #97218 – Aspen, Central Core, Mother Lode Aspen commercial, 314 E. Hyman Avenue, Aspen, CO: Sold Price: $3,200,000/$1,091 sq ft; Asking Price: $3,500,000. More details below photos.

MLS #97218 – Aspen, Central Core, Mother Lode Aspen commercial, 314 E. Hyman Avenue, Aspen, CO: Sold Price: $3,200,000/$1,091 sq ft. Buyer was the Aspen Times; Asking Price: $3,500,000. (Original Price: $5,000,000 and 2,022 days on the market since 01/30/2007.) This is a 2,932 sq ft retail/commercial unit. Broker comments are, “The List Price for the entire Building is $27,475,000 which includes the street-level retail/commercial space, a basement corporate entertaining level, 1 guest unit, 2 AHUs, the Penthouse and rooftop deck. Or the retail/commercial unit may be sold separately for the list price of $3,500,000. The entire building is approximately 25,000 SF including all floors. The retail/commercial Unit is approximately 2,932 SF on the street-level with high ceilings and lots of windows!2011 Taxes: TBD. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/13/2012; Sold Date: 08/13/2012. (Photos and broker comments courtesy of Aspen Sales & Rentals & Setterfield & Bright).

MLS #123871 – Snowmass Village, Fox Run single family home, 58 Fox Lane, Snowmass Village, CO: Sold Price: $2,847,500/$574 sq ft partially furnished. More details below photos.

MLS #123871 – Snowmass Village, Fox Run single family home, 58 Fox Lane, Snowmass Village, CO: Sold Price: $2,847,500/$574 sq ft partially furnished; Asking Price: $2,995,000. (Original Price: $5,750,000 and 785 days on the market since 04/15/2009.) This is a 1987 built/1993 remodeled, 4 bedroom/4 bath/2 half bath, 3,957 sq ft single family home with 2 car garage on 0.82 acres. Broker comments are, “One of the five premier lots of Fox Run. Spectacular views of the ski runs to the south, Continental Divide and Hunter Creek Valley. No expense was spared during the construction of this home.” 2011 Taxes: $11,182; HOA Dues: $2,000 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 07/16/2012; Sold Date: 08/15/2012. (Photos and broker comments courtesyof Aspen Snowmass Sotheby’s.)

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Aspen Snowmass Real Estate Weekly Market Update Report Closed and Under Contract