Last week’s sales activity appears below. The Q4 and Year 2013 State of the Aspen Market should be released towards the end of week of Jan 20,2014. The Dec 2013 Aspen Snowmass Market Snapshot was posted in Current Reports. Tim was interviewed in the Denver Business Journal (DBJ) for an Aspen and mountain real estate article published Mon. Nov. 25, 2013. The Estin Report furnished key Aspen real estate market data from 2007 to 2013 YTD (Nov 20, 13) for the DBJ article and these tables and a market trend chart were posted 11/24/13 in Current Reports. 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.

Click image for larger view of Aspen real estate market trend chart.

Click image or link for The Estin Report: 3rd Quarter & YTD 2013 State of the Aspen Market (released Oct 15, 13).

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.

Closed (5): MLS #s: 128716, 131614, 132502, 130088, 131869. This link is valid until 02/19/2014.

Under Contract / Pending (7): MLS #s: 129227, 132321, 121644, 130034, 131009, 128596, 122454. This link is valid until 02/19/2014.

Aspen Snowmass Solds Last Week

MLS #128716 – Aspen, Central Core, Durant Condos, 718 S. Galena Street #201a/#203a, Aspen, CO: Sold Price: $1,235,000/$1,083 sq ft partially furnished. More details below photos.

MLS #128716 – Aspen, Central Core, Durant Condos, 718 S. Galena Street #201a/#203a, Aspen, CO: Sold Price: $1,235,000/$1,083 sq ft partially furnished; Asking Price: $1,395,000. (Original Price: $1,395,000 and 335 days on the market since 02/14/2013.) This is a 1969 built/2002 remodeled, 2 bedroom/2 bath, 1,140 sq ft condo. Broker comments are, ” Rare 2 bedroom unit made from combining two one bedroom units (before the City stopped allowing for such). Current owner locks off the master suite (203A) and rents 201A as a one bedroom unit with warm, fresh finishes in kitchen and bathroom. Great views. Easy access to and from Aspen Mountain! Here’s your opportunity buy a place you can actually use and rent out – maybe even at the same time.” 2012 Taxes: $3,180; HOA Dues: $3,876 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/08/2013; Sold Date: 01/15/2014. (Photos and broker comments courtesy of B.J. Adams & Co.)

MLS #131614 – Snowmass Village, Country Club Homes condo, 366 Snowmass Club Circle 2, Snowmass Village, CO: Sold Price: $975,000/$623 sq ft furnished. More details below photos.

MLS #131614 – Snowmass Village, Country Club Homes condo, 366 Snowmass Club Circle 2, Snowmass Village, CO: Sold Price: $975,000/$623 sq ft furnished; Asking Price: $1,100,000. (Original Price: $1,550,000 and 921 days on the market since 07/08/2011.) This is a 1989 built, 3 bedroom/3 bath, 1,563 sq ft condo with 1 car garage. Broker comments are, ” One of the best locations in Snowmass for those who like to golf and ski, with maintenance free living. The Snowmass golf course is right out the back door and the free skier bus stops by the front door. Stash your toys in the attached one-car garage and enjoy summer barbeques on the spacious deck. An easy 5 minute walk to the Snowmass Club, with tennis, golf pools and a 2,000 sf. athletic club. In the winter, the golf course has free cross country ski trails. Enjoy the best of all worlds.” 2012 Taxes: $4,026; HOA Dues: $10,356 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/21/2013; Sold Date: 01/17/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #132502 – Snowmass Village, Viceroy condo, 130 Wood Road 537, Snowmass Village, CO: Sold Price: $490,000/$840 sq ft furnished. More details below photos.

MLS #132502 – Snowmass Village, Viceroy condo, 130 Wood Road 537, Snowmass Village, CO: Sold Price: $490,000/$840 sq ft furnished; Asking Price: $513,000. (Original Price: $513,000 and 15 days on the market since 01/02/2014.) This is a 2010 built, 1 bdrm/1 bath, 583 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: $3,579; HOA Dues: $3,584; Town of Snowmass Village Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/31/2013; Sold Date: 01/17/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #130088 – Woody Creek, 8386 Upper River Road, Woody Creek, CO: Sold Price: $2,700,000/$1,264 sq ft unfurnished river home. More details below photos.

MLS #130088 – Woody Creek, 8386 Upper River Road, Woody Creek, CO: Sold Price: $2,700,000/$1,264 sq ft unfurnished; Asking Price: $3,295,000. (Original Price: $3,895,000 and 915 days on the market since 07/15/2011.) This is a 1984 built/2011 remodeled, 4 bdrm/2 bath/1 half bath, 2,135 sq ft single family river home on 2.7 acres. Broker comments are, “An angler’s paradise with over 400 feet of river frontage on the Roaring Fork. Newly remodeled main house and a newly constructed river pavilion located on the river’s edge that cannot be duplicated under current land use code. The ultimate angler’s retreat with a ”honey hole” out your back door.” 2012 Taxes: $5,288. Under Contract Date: 12/09/2013; Sold Date: 01/13/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #131869 – Old Snowmass, Lazy Glen single family home, 73 Lazy Glen, Snowmass, CO: Sold Price: $290,000/$225 sq ft. More details below photos.

MLS #131869 – Old Snowmass, Lazy Glen single family home, 73 Lazy Glen, Snowmass, CO: Sold Price: $290,000/$225 sq ft; Asking Price: $299,000. (Original Price: $315,000 and 71 days on the market since 10/17/2013.) This is a 1962 built/2007 remodeled, 3 bedroom/2 bath single family home on 0.1 acres. Broker comments are, “This gorgeous single family conventional construction home is one of the best buys this close to Aspen. Only 20 minutes from Aspen/Snowmass, enjoy the private, fenced backyard, open floor plan, and many extras which make this home an excellent choice.” 2012 Taxes: $1,602; HOA Dues: 173 Mo. Under Contract Date: 11/18/2013; Sold Date: 12/27/2013. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

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Disclaimer: The statements made in The Estin Report and on 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 at 970.309-6163 or Email him. The Estin Report is copyrighted 2014 and all rights reserved. Use is permitted subject to the following attribution with link to the source: “The Estin Report on the Aspen real estate market”

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