The Estin Report Aspen Snowmass Weekly Real Estate Sales and Statistics: Closed (8) and Under Contract / Pending (10): Oct 21 – 28, 2012

Scroll down page for photos and details of sold and under contract (pending) Aspen properties in the past 4 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: Q3 2012 State of the Aspen Real Estate Market released Monday 10/22/12.

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The Estin Report: September 2012 Market Snapshot Aspen Snowmass Real Estate

released Oct. 9, 2012

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Last Week’s Market Activity – 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 . Because the MLS links below expire after 30 days, photos and written descriptions of most closed properties (with excellent photography) are posted to preserve an archive of sold market activity. For sales in the past month, scroll down page, and for earlier dates use the down arrow and search by time period.

Under Contract / Pending (10): MLS #: 126847, 125789, 121007, 127116, 126496, 126988, 123169, 126615, 125358, 121811. This link is valid for 30 days until 11/28/2012. Photos and descriptions of under contracts are not posted unless special circumstances or significance dictate.

Closed (8): MLS #: 127130, 127610, 125145, 125959, 125562, 124644, 117248, 121096. This link is valid for 30 days until 11/28/2012.

Aspen Snowmass Solds Last Week:

MLS #127130 – Aspen, West Aspen, Christiana Aspen condo, 513 W. Main Street, E101, Aspen, CO: Sold Price: $505,000/$1,086 sq ft furnished. More details below photos.

MLS #127130 – Aspen, West Aspen, Christiana Aspen condo, 513 W. Main Street, E101, Aspen, CO: Sold Price: $505,000/$1,086 sq ft furnished; Asking Price: $512,000. (Original Price: $555,000 and 62 days on the market since 09/10/2012.) This is a 2006 built/2012 remodeled, 1 bedroom/1 bath, 465 sq ft condo. Broker comments are, “Newly redone condo: Custom Syzygy tile in bath, Sonoma Forge plumbing fixtures, quartz counters in new kitchen. Miele, Subzero, and Wolf appliances in kitchen. Newly installed stone wall around gas fireplace. Fully furnished. Pet friendly for owners. Surround sound, 2 flat screens..the loveliest 465 square feet in Aspen! Perfect as an Aspen getaway for single or couple.” 2011 Taxes: $945; HOA Dues: $5,492 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/24/2012; Sold Date: 10/26/2012. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.

MLS #125145 – Aspen, Central Core, Chateau Eau Claire riverfront condo, 1034 E. Cooper Avenue 16, Aspen, CO: Sold Price: $1,225,000/$1,242 sq ft furnished. More details below photos.

MLS #125145 – Aspen, Central Core, Chateau Eau Claire riverfront condo, 1034 E. Cooper Avenue 16, Aspen, CO: Sold Price: $1,225,000/$1,242 sq ft furnished; Asking Price: $1,375,000. (Original Price: $1,475,000 and 186 days on the market since 04/23/2012.) This is a 1971 built/2011 remodeled, 2 bedroom/2 bath, 986 sq ft condo. Broker comments are, “One of the best two-bedroom condominiums in Aspen. Located directly on the Roaring Fork River. Beautifully renovated with stunning mountain décor. Well-conceived built-ins allowing for storage. Tasteful wood-finishes compliment the choice of fabrics and colors. The warm interior is an invitation to relax in front of the fire; the outdoor decks invite you to sit by the river. Very few properties in Aspen have such a setting. Hot tub is privately situated, yet close to this condominium. Exterior renovation of the building exterior is complete. Five blocks from the gondola. Excellent for summer or winter use, plus potential for rental.” 2011 Taxes: $2,735; HOA Dues: $2,810 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/24/2012; Sold Date: 10/24/2012. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #124644 – Aspen, Central Core, Gant condo, 610 S. West End Street, K-304, Aspen, CO: Sold Price: $1,400,000/$1,323 sq ft furnished. More details below photos.

MLS #124644 – Aspen, Central Core, Gant condo, 610 S. West End Street, K-304, Aspen, CO: Sold Price: $1,400,000/$1,323 sq ft furnished; Asking Price: $1,495,000. (Original Price: $1,500,000 and 228 days on the market since 03/12/2012.) This is a 1972 built, 2 bedroom/2 bath, 1,058 sq ft condo. Broker comments are, “The Gant at its very best. Top floor corner unit with vaulted ceilings, 3 private decks, en suite washer & dryer. Tons of natural light and premiere Gant status. One of the largest 2 bedroom units at The Gant & newly remodeled in 2011.” 2011 Taxes: $4,180; HOA Dues: $22,824 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/21/2012; Sold Date: 10/22/2012. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s and Adler Real Estate.)

MLS #125959 – Aspen, West Aspen, Le Chamonix condo, 1501 Maroon Creek Road, Unit 6, Aspen, CO: Sold Price: $700,000/$540 sq ft furnished. More details below photos.

MLS #125959 – Aspen, West Aspen, Le Chamonix condo, 1501 Maroon Creek Road, Unit 6, Aspen, CO: Sold Price: $700,000/$540 sq ft furnished; Asking Price: $715,000. (Original Price: $1,225,000 and 581 days on the market since 06/01/2008.) This is a 1965 built, 3 bedroom/2 bath, 1,296 sq ft condo. Broker comments are, ” Excellent remodel opportunity w/potential of additional square footage. Exterior improvement is complete & paid for w/reserves in account. Reorg & compliant HOA. County Land Use Application is submitted which includes expansion potential of 956 sf for this unit. Excellent rental income now. Clean unit w/upgrades. Lg deck overlooking Creek.SpecAssmt dollars/time TBD. Addendum: Unit 6 is being offered for sale ‘as is’ w/no warranties insofar as existing condition or future development potential. Unit 6 is original 1960’s construction. Seller commissioned Oddo Engineering for structural evaluation but makes no warranties or representations regarding such report. The HOA has filed a Land Use Appl w/Pitkin Co (via staff recommendations) which is attached. 2011 Taxes: $1,383; HOA Dues: $2,100 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/23/2012; Sold Date: 10/12/2012. (Photos and broker comments courtesy of Schmidt Enterprises.)

No Photos in MLS for this commercial property:

MLS #127610 – Aspen, Central Core, Aspen Townsite commercial building, The Gap Bldg, 204 S. Galena Street, Aspen, CO: Sold Price: $13,250,000/$1,472 sq ft; Asking Price: $13,250. (Original Price: $13,250,000 and 115 days on the market since 07/02/2012.) This is a 1992 built, 9000 sq ft commercial building on a corner lot with finished basement. No broker comments in MLS. 2011 Taxes: $81,192. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/02/2010; Sold Date: 10/25/2012.

MLS #125562 – Snowmass Village, Wood Run single family home, 155 Forest Lane, Snowmass Village, CO: Sold Price: $2,695,000/$763 sq ft furnished. More details below photos.

MLS #125562 – Snowmass Village, Wood Run single family home, 155 Forest Lane, Snowmass Village, CO: Sold Price: $2,695,000/$763 sq ft furnished; Asking Price: $3,395,000. (Original Price: $3,395,000 and 161 days on the market since 05/31/2012.) This is a 1972 built, 4 bedroom/4 bath/1 half bath, 3,531 sq ft single family home with 2 car garage on 1.05 acres. Sold at or near lot value. Broker comments are, “Located at the end of a quiet cul-de-sac, this charming Austrian-styled family ski chalet has been the centerpiece of family memories for three generations. The home was constructed using many old-world design features including diamond paned windows, arched doorways, rough-cut lumber, exposed beams, Dutch doors and classic ironwork and detailing. Considered one of the best lots and locations in Woodrun, this parcel was among the first few of the great lots that was chosen and developed early in Snowmass’ existence. Placed on a gently sloping hillside and surrounded by aspen trees, the property borders the White River National Forest with ski-in/ski-out access near Little Makaha Terrain Park and at the intersection of Assay Hill and Funnel ski trail (home of the Elk Camp Gondola).” 2011 Taxes: $8,107; HOA Dues: $90 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 09/21/2012; Sold Date: 10/22/2012. (Photos and broker comments courtesy of B.J. Adams & Co.)

MLS #117248 – Snowmass Village, Meadow Ranch condo, 383 Meadow Ranch, F4C, Snowmass Village, CO: Sold Price: $620,000/$514 sq ft furnished. More details below photos.

MLS #117248 – Snowmass Village, Meadow Ranch condo, 383 Meadow Ranch, F4C, Snowmass Village, CO: Sold Price: $620,000/$514 sq ft furnished; Asking Price: $675,000. (Original Price: $949,000 and 1,184 days on the market since 02/24/2009.) This is a 1976 built/2005 remodeled, 2 bedroom/2 bath/1 half bath, 1,206 sq ft condo. Broker comments are, “Beautifully upgraded high-end custom cabinetry and two full baths upstairs plus a powder room-all nicely outfitted. Quiet location within the complex. Large deck. Roof recently replaced. Close to Snowmass Village shuttle. 1 dog permitted.” 2011 Taxes: $2,233; HOA Dues: $1,425 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 09/10/2012; Sold Date: 10/22/2012. (Photos and broker comments courtesy of B.J. Adams & Co.)

MLS #121096 – Snowmass Village, Shadowbrook condo, 105 Campground Lane, 406, Snowmass Village, CO: Sold Price: $1,246,000/$577 sq ft furnished. More details below photos.

MLS #121096 – Snowmass Village, Shadowbrook condo, 105 Campground Lane, 406, Snowmass Village, CO: Sold Price: $1,246,000/$577 sq ft furnished; Asking Price: $1,345,000. (Original Price: $2,800,000 and 1,795 days on the market since 08/24/2009.) This is a 1968 built/2008 remodeled, 4 bedroom/3 bath, 2,156 sq ft condo. Broker comments are, “Great corner unit with lots of privacy. Very large 4 bedroom with 2,156 sq ft. Next to park and stream. Beautifully furnished and remodeled. Direct ski-in and ski-out. Excellent rental property with outstanding rental management. Originally priced at $2,995,000. Deck off of living room faces park and stream. Patio off living room with access to slopes, pool, jacuzzi. Grills allowed.” 2011 Taxes: $6,082; HOA Dues: $16,066 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 10/10/2012; Sold Date: 10/26/2012. (Photos and broker comments courtesy of Exclusive Properties of Aspen & Snowmass.)

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