The Estin Report Aspen Snowmass Weekly Real Estate Sales and Statistics: Closed (8) and Under Contract / Pending (7): July 07 – 14, 2013

Last week’s sales activity is posted 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, information should be here.

The Estin Report: 2nd Quarter/1st Half 2013 State of the Aspen Market to be released soon

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. As the MLS links below expire after 30 days, photos and written descriptions of select closed properties (those with excellent photography) are posted to preserve an archive of sold market activity.

Under Contract / Pending (7) MLS#’s: 125890, 129862, 129802, 130082, 126714, 128304/128303, 117174 .Photos and descriptions of under contracts are not posted unless special circumstances or significance dictate. This link is valid for 30 days until 08/14/2013.

Closed (8) MLS #’s: 124788, 127656, 130011, 123269, 125879, 126614, 129738, 114135 . This link is valid for 30 days until 08/14/2013.

Aspen Snowmass Solds Last Week

MLS #124788 – Aspen, Central Core single family home, 117 Neale Avenue, Aspen, CO: Sold Price: $1,125,000/$1,200 sq ft unfurnished. More details below photos.

MLS #124788 – Aspen, Central Core single family home, 117 Neale Avenue, Aspen, CO: Sold Price: $1,125,000/$1,200 sq ft unfurnished; Asking Price: $1,250,000. (Original Price: $1,250,000 and 469 days on the market since 03/21/2012.) This is an 1886 built, 1 bedroom/1 bath, 937 sq ft single family home on 0.07 acres. Broker comments are, “Rare charming 1880s era historic log cabin is situated in idyllic setting. Nicely located and easy walk to town. Rescued from Benedict family’s Stillwater Road Property and recently designated a Historic Landmark. 135 sf front porch and 82 sf river side deck. Can be combined with mls #122121 for a compound $4,900,000.” 2012 Taxes: $10,970. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 09/28/2012; Sold Date: 07/03/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #127656 – Aspen, Central Core, Aspen Inn condo, 731 S. Mill Street, 3-B, Aspen, CO: Sold Price: $945,000/$1,005 sq ft furnished. More details below photos.

MLS #127656 – Aspen, Central Core, Aspen Inn condo, 731 S. Mill Street, 3-B, Aspen, CO: Sold Price: $945,000/$1,005 sq ft furnished; Asking Price: $1,025,000. (Original Price: $1,198,000 and 252 days on the market since 10/31/2012.) This is a 1963 built/2009 remodeled, 2 bedroom/2 bath, 940 sq ft condo. Broker comments are, “This gorgeous top floor ski- in unit has been completely remolded and includes new furnishings, Vaulted ceilings, Granite counters, wood fireplace with excellent rental potential. Small complex with most utilities included in HOA fees. Designated Parking A Must see.” 2012 Taxes: $2,194; HOA Dues: $2,099 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/04/2013; Sold Date: 07/05/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.

MLS #130011 – Aspen, Central Core, Silver Bell condo, 805 E. Cooper Street #12, Aspen, CO: Sold Price: $1,080,000/$974 sq ft furnished. More details below photos.

MLS #130011 – Aspen, Central Core, Silver Bell condo, 805 E. Cooper Street #12, Aspen, CO: Sold Price: $1,080,000/$974 sq ft furnished; Asking Price: $1,099,000. (Original Price: $2,000,000 and 1,322 days on the market since 08/26/2008) This is a 1970 built/2007 remodeled, 3 bedroom/2 bath, 1,108 sq ft condo. Broker comments are, “Impeccable, 2 level end unit condominium only 2 blocks to the gondola. Remodeled with the classiest of fixtures/appliances/materials/upgrades. Hilila Limestone Countertops, Limestone Floor. A full bath on each level: Calacatta Marble Bathroom with faux crocodile wallpaper on upper level and beautifully remodeled full bathroom on lower level make this unit as comfortable as it gets. Good rental history.” 2012 Taxes: $3,011; HOA Dues: $348 Mo. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/30/2013; Sold Date: 07/12/2013. (Photos and broker comments courtesy of Joshua & Co.)

MLS #123269 – Aspen, East Aspen, Mountain Valley duplex, 198 Mountain Laurel Drive, Aspen, CO: Sold Price: $1,550,000/$596 sq ft unfurnished. More details below photos.

MLS #123269 – Aspen, East Aspen, Mountain Valley duplex, 198 Mountain Laurel Drive, Aspen, CO: Sold Price: $1,550,000/$596 sq ft unfurnished; Asking Price: $1,650,000. (Original Price: $1,650,000 and 608 days on the market since 11/08/2011.) This is a 1969 built/1978 remodeled, 7 bedroom/3 bath, 2,598 sq ft duplex on 0.6 acres. Broker comments are, “Possibilities abound with this existing duplex. Top level has four bedrooms and two baths and is vacant. Lower level is currently rented month to month and has three bedrooms and one bath. Remodel or plan your new home while you receive an income. Rebuild County approved duplex or single family home up to 5,750 square feet. Just over a mile from City Market and with Sweeping views from Aspen Mountain and towards Independence Pass, this home offers huge potential. Can build an 11,828 square foot Duplex with TDR’S or Growth Management Approval. Additionally, you can build a 10,002.60 Square foot Single Family with TDR’s or Growth Management Approval.” 2012 Taxes: $6,175; HOA Dues: $400 Yr. Under Contract Date: 03/22/2013; Sold Date: 07/08/2013. (Photos and broker comments courtesy of Mark Pisani.)

MLS #125879 – Aspen, Smuggler, Fox Crossing single family lot, 540 Walnut Street, Aspen, CO: Sold Price: $1,100,000. More details below photos.

MLS #125879 – Aspen, Smuggler, Fox Crossing single family lot, 540 Walnut Street, Aspen, CO: Sold Price: $1,100,000; Asking Price: $1,300,000. (Original Price: $1,500,000 and 401 days on the market since 06/08/2012.) This is a 0.16 acre lot in the Fox Crossing subdivision. Broker comments are, “Located easy walking distance from downtown, the Rio Grande Trail, and the Aspen Art Museum, this 6,894 sq ft flat lot offers an opportunity to design and build your Aspen Dream Home. The property possesses commanding views of Aspen Mtn, and Sopris Peak. 360-degree views, awash in sunshine with the potential to build upwards of 6,200 sq ft on three levels. An ideal location to view Aspen Mtn’s fireworks displays celebrating New Years, Winterskol, July 4th and occasional random private displays. Fox crossing lots were originally sold for $2 million. Charles Cunniffe, well-known Aspen and national architect, has site plans, drawings and elevations already created that can be altered to suit your life style and design preference.” 2012 Taxes: $22,498; HOA Dues: $397 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/03/2013; Sold Date: 07/05/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #126614 – Woody Creek, Rivers Bend condo, 4070 Lower River Road #18, Snowmass, CO: Sold Price: $360,000/$467 sq ft unfurnished. More details below photos.

MLS #126614 – Woody Creek, Rivers Bend condo, 4070 Lower River Road #18, Snowmass, CO: Sold Price: $360,000/$467 sq ft unfurnished; Asking Price: $375,000. (Original Price: $$449,000 and 381 days on the market since 11/15/2010.) This is a 1964 built/2002 remodeled, 1 bedroom/1 bath, 770 sq ft condo. Broker comments are, “Premiere corner, river-level, one-bedroom. Largest 1-bedroom in project. Spacious living room/dining room/kitchen with gas fireplace. Remodeled master bedroom viewing Roaring Fork River. Large common deck overlooking river.” 2012 Taxes: $1,091.96; HOA Dues: $$407 Mo. Under Contract Date: 05/21/2013; Sold Date: 07/02/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #129738 – Snowmass Village, Viceroy condo, 130 Wood Road 437, Snowmass Village, CO: Sold Price: $515,000/$887 sq ft furnished. More details below photos.

MLS #129738 – Snowmass Village, Viceroy condo, 130 Wood Road 437, Snowmass Village, CO: Sold Price: $515,000/$887 sq ft furnished; Asking Price: $529,000. (Original Price: $529,000 and 210 days on the market since 05/07/2013.) This is a 2010 built, 1 bedroom/1 bath, 580 sq ft condo. Broker comments are, “New Condominium units now available at the world-acclaimed Viceroy. Ski in-Ski-out in Snowmass’ Base Village, there is nothing else like in the Aspen/Snowmass market for wholly-owned condominiums. Leed Gold Certified Property. One time Base Village Metro Fee paid by Buyer of $5,150.” 2012 Taxes: $1,692; HOA Dues: $3,565. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 05/03/2010; Sold Date: 07/10/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #114135 – Snowmass Village, Ridge Run single family lot, 2034 Faraway Road, Snowmass Village, CO: Sold Price: $1,575,000. More details below photos.

MLS #114135 – Snowmass Village, Ridge Run single family lot, 2034 Faraway Road, Snowmass Village, CO: Sold Price: $1,575,000; Asking Price: $1,700,000. (Original Price: $3,500,000 and 2,001 days on the market since 12/12/2007.) This is a 0.75 acre single family lot in the Ridge Run subdivision. Broker comments are, “Enjoy the ability to build your own home on this rare three-quarter acre, ski-in, ski-out home site with West Fork ski trail right out your back door. The easy ski access to 3,132 acres of ski terrain with 91 ski trails creates ample opportunity for you and your family to enjoy one of the premier ski resorts in the country. Pristine 360 degree mountain views to accompany the fabulous wooded, single-family home site. Build your dream home with preliminary plans (included in the price) for a 4,950 sq. ft. home designed by Hagman Architects.” 2012 Taxes: $26,244; HOA Dues: $90 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 04/06/2013; Sold Date: 07/10/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

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