The Estin Report Aspen Snowmass Weekly Real Estate Sales and Statistics: Closed (6) and Under Contract (5): May 20 – 27, 2012

Scroll down page for last week’s market activity

Tim Estin is an active Aspen real estate broker with Coldwell Banker 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 or semi-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.

Last Week’s Market Highlights – 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 a public archive of sold market activity. For past sales, scroll to page bottom and search by time period.

Market Commentary: April 2012 Monthly Snapshot (link to Charts and Tables). Monthly snapshots are published the first Monday of each month. Scroll down page for last week’s sales activity.

Click image for 2012 YTD Monthly Comparison Chart and Tables

April 2012 Sold Properties Links (Links to property details and photos are valid for 30 days until June 7, 2012)

• ·Aspen Sold Properties includes Aspen, Woody Creek and Old Snowmass

• ·Snowmass Village Sold Properties

The Estin Report: Q1 2012 State of the Aspen Market Published 4/22/12

Click image for executive summary and full report pdf

Last Week’s Activity

Under Contract / Pending (5): MLS #: 120322, 118304, 118234, 122056, 125326. This link is valid for 30 days until 06/27/2012. Photos and descriptions of under contracts are not posted unless special circumstances or significance dictate.

Closed (6): MLS #: 119046, 121525, 121986, 123761, 125492, 111493 This link is valid for 30 days until 06/27/2012.

Aspen Snowmass Solds Last Week

MLS #119046 – Aspen, West End, 605 W. Bleeker Street, Aspen, CO: Sold Price: $3,700,000/$859 sq ft furnished. More details below photos.

MLS #119046 – Aspen, West End, 605 W. Bleeker Street, Aspen, CO: Sold Price: $3,700,000/$859 sq ft furnished; Ask Price: $3,995,000. (Original Price: $5,500,000 and 902 days on the market since12/02/2009.) This is an 1880 built/1999 remodeled, 4 bedroom/5 bath/1 half bath, 4,303 sq ft single family home with 1 car garage on 01. acres. Broker comments are, “Residing on a southwest corner lot in Aspen’s West End, this completely renovated Victorian home features a warm contemporary interior. The residence, offering 4 bedrooms and 5 and 1 half baths, features an inviting decor and is sold completely furnished. A gourmet kitchen with island seating serves as a central entertaining area and is adjacent to the formal living and dining rooms. The upper-level office could be a fifth bedroom with an outdoor deck boasting Aspen Mountain views. A one-car garage completes the home.” 2011 Taxes: $9,197. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/11/2012; Sold Date: 05/18/2012. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #121525 – Aspen, West Aspen single family home, 1690 Silver King Drive, Aspen, CO: Sold Price: $4,750,000/$980 sq ft unfurnished. More details below photos.

MLS #121525 – Aspen, West Aspen single family home, 1690 Silver King Drive, Aspen, CO: Sold Price: $4,750,000/$980 sq ft unfurnished; Ask Price: $4,750,000. (Original Price: $4,995,000 and 344 days on the market since 06/16/2011.) This is a 1971 built/2001 remodeled, 4 bedroom/4 bath/1 half bath, 4,845 sq ft single family home with 2 car garage on 0.6 acres. Broker comments are, “End-of-road privacy & acres of surrounding open space make this contemporary home, set further back from the street than all the others, the envy of the neighborhood. Gorgeously landscaped with lupine, lilac, aspens and pines. Views through the trees of Highlands, Hayden, Tiehack, Buttermilk and Sopris. Renovated a few years ago and beautifully cared for and in impeccable condition. Features include a spectacular living room surrounded by decks, a gorgeous master suite with a bath equal to any of Aspen’s most luxurious spas, and a guest apartment with its own entry and kitchen. Easy access to a network of hiking trails. An incredibly tranquil and peaceful home.” 2011 Taxes: $9,682. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/22/2012; Sold Date: 05/21/2012. (Photos and broker comments courtesy of BJ Adams & Co.)

MLS #121986 – Aspen, Central Core, Galena Lofts condo, 434 E. Main Street, Unit 302, Aspen, CO: Sold Price: $1,020,000/$1,079 sq ft furnished. More details below photos.

MLS #121986 – Aspen, Central Core, Galena Lofts condo, 434 E. Main Street, Unit 302, Aspen, CO: Sold Price: $1,020,000/$1,079 sq ft furnished; Ask Price: $1,150,000. (Original Price: $1,885,000 and 2,230 days on the market since 11/07.2007.) This is a 2003 built, 1 bedroom/2 bath, 945 sq ft condo. The property used to have a direct view of Aspen Mtn from the center of downtown, but a new commercial bldg on Main Street went up in 2007/2008 blocking the view. That’s why it took so long to sell. Broker comments are, “cool, comtemporary penthouse, which is Loft living in the heart of downtown Aspen. This stylish condo features one bedroom plus an amazing loft bedroom, two baths, 945 square feet. soaring 16 foot arched ceilings, state of the art finishes, fireplace, fabulous kitchen, master bath with steam shower and Jacuzzi tub, hardwood floors, air conditioning, and a great deck. This luminous world of glass is a show piece for spectacular entertaining and electrifying views of Aspen Mountain and Red Mountain. Walk to the Gondola and all the amenities of downtown Aspen.” 2011 Taxes: $2,458; HOA Dues: $644 Mo. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/13/2012; Sold Date: 04/03/2012. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #124761 – Aspen, Central Core, Chateau Snow condo, 926 E. Waters Avenue #102, Aspen, CO: Sold Price: $1,940,000/$1,387 sq ft furnished. More details below photos.

MLS #123761 – Aspen, Central Core, Chateau Snow condo, 926 E. Waters Avenue #102, Aspen, CO: Sold Price: $1,940,000/$1,387 sq ft furnished; Ask Price: $2,000,000. (Original Price: $2,725,000 and 1,119 days on the market csince 01/12/2009.) This is a 1969 built/2006 remodeled, 3 bedroom/3 bath, 1,398 sq ft condo. Broker comments are, “Turn-key, furnished, ground-floor unit with a gorgeous interior remodel in a traditional mountain decor-no expense has been spared! Features include wood floors, knotty Alder cabinetry, Sub-Zero appliances, granite counters, flat screen TV’s throughout, A/V wiring, gas fireplace, washer/dryer in unit & 1 off-street parking space. Complex includes sauna & is walking distance to all of Aspen’s amenities. Full Price offers only.” 2011 Taxes: $2,796; HOA Dues: $2,409 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/09/2012; Sold Date: 05/18/2012. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

No Photos in MLS for this Hunter Creek condo:

MLS #125492 – Aspen, Smuggler, Hunter Creek condo, 814 Vine Street, Aspen, CO: Sold Price: $650,000/$883 sq ft unfurnished; Ask Price: $650,000. (Original Price: $650,000 and 2 days on the market since 05/21/2012.) This is a 1982 built, 2 bedroom/1 bath, 736 sq ft condo. No broker comments in MLS. 2011 Taxes: $1,183; HOA Dues: Not in MLS; City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/12/2012; Sold Date: 05/14/2012.

MLS #111493 – Snowmass Village, Meadow Ranch single family home, 330 Meadow Ranch C-22, Snowmass Village, CO: Sold Price: $575,000/$313 sq ft unfurnished. More details below photos.

MLS #111493 – Snowmass Village, Meadow Ranch single family home, 330 Meadow Ranch C-22, Snowmass Village, CO: Sold Price: $575,000/$313 sq ft unfurnished; Ask Price: $659,000. (Original Price: $1,275,000 and 1,086 days on the market since 06/09/2009.) This is a 1977 built, 4 bedroom/3 bath, 1832 sq ft single family home. Broker comments are, “An excellent opportunity to purchase a single family-detached unit in Meadow Ranch. The remodel potential is endless, with a 2,400 sq. ft. legal F.A.R. build out or just add some TLC. A large North and East facing sun-drenched deck located off of the master and guest bedroom, overlooking the Snowmass golf course. Step down living room, gas fireplace, high beamed ceilings and a great barbecue size deck. Laundry room with washer and dryer, large utility sink and ample storage. Don’t forget to check out the do-all room, with its private entrance door. Located on ground level. All this, just steps away from the ski shuttle bus stop. Sellers will entertain all offers, priced to sell, lowest single family in Snowmass Village…Gas heat with electric back up system.” 2011 Taxes: $2,514; HOA Dues: $1,357 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 05/09/2012; Sold Date: 05/23/2012. (Photos and broker comments courtesy of SDS Real Estate.)

Tim Estin welcomes your business, inquiries and comments. Email: tim@estinaspen.com or call 970.920.7387. Subscribe to The Estin Report and Tim Estin’s AspenRealEstateBlog.com on twitter @EstinAspen by clicking “Join the conversation” button below or click one of the different subscription options in banner at the top of page:

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