The Jan 2014 Monthly Snapshot full 8-page pdf was posted here Mon. 02/023/14. The Monthly Snapshots are released on or about the 1st Monday of each month on the blog and in Current Reports. The Q4 2013 and Year 2013 State of the Aspen Market report was released in Current Reports on Jan. 27, 2014.

Click image for full Jan. 2014 Market Snapshot pdf

Last week’s sales activity appears 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.

Click charts above for Q4 2013 & Year 2013 State of the Aspen Market (released Jan. 26, 2014).

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 here to preserve an archive of sold market activity.

Closed (6): MLS #s: 130486, 132148, 132923, 132279, 130826, 131886. This link is valid until 03/16/2014.

Under Contract / Pending (16): MLS #s: 131404, 129752, 131766, 127881, 130510, 132483, 130314, 131949, 132465, 127075/127077, 127079, 130623, 130344, 132719, 132414, 131712. This link is valid until 03/16/2014.

Aspen Snowmass Solds Last Week

MLS #130486 – Aspen, West End single family home, 300 W. Main Street, Aspen, CO: Sold Price: $3,300,000/$882 sq ft unfurnished. More details below photos.

MLS #130486 – Aspen, West End single family home, 300 W. Main Street, Aspen, CO: Sold Price: $3,300,000/$882 sq ft unfurnished: Asking Price: $3,450,000. (Original Price: $4,500,000 and 234 days on the market since 06/26/2013. Seller paid $2.15M for the property 11/07/05.) This is a 1944 built/1988 remodeled, 4 bedroom/2 bath/1 half bath, 3,739 sq ft single family home with 2 car garage on a 9,000 sq ft corner lot. Broker comments are, “The iconic log cabin on Main Street, exudes a sense of time and place. The more contemporary living addition makes this mixed use site a perfect candidate for home, office or a blend of both. Mixed use zoning enables the current structure to be used quite efficiently as an office for a business and a residence. Creative souls with an affinity for the eclectic should consider the opportunities. Land planner development study available upon request. Impressive street presence, yet private with giant old-growth pines, off-street parking for 4 cars plus a 2-car garage.” 2013 Taxes: $5,409. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/15/2013; Sold Date: 02/14/2014. (Photos and broker comments courtesy of B.J. Adams & Co.)

MLS #132148 – Aspen, West End, Aspen Townsite single family home, 834 W. Hallam Street, former Poppies Restaurant site, Aspen, CO: Sold Price: $1,425,000/$515 sq ft unfurnished. More details below photos.

MLS #132148 – Aspen, West End, Aspen Townsite single family home, 834 W. Hallam Street, Aspen, CO: Sold Price: $1,425,000/$515 sq ft unfurnished; Asking Price: $1,695,000. (Original Price: $2,685,000 and 759 days on the market since 01/17/2012.) This is an 1889 built/1980 remodeled, 2 bedroom/1 bath/2 half bath, 2,762 sq ft single family home on a 6,000 sq ft lot. Broker comments are, “Home to ”Poppies” restaurant for many years, this Mixed-Use zoned property has so much future potential. The main part of the house was built in 1889 and is on the City of Aspen ”historic” inventory. The existing building requires renovation. Possible future site uses include single or multi-family residential, two single family residences and/or multiple commercial/retail options.” 2013 Taxes: $20,416. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/16/2013; Sold Date: 02/14/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #132923 – Aspen, West End, Scott Building condo, 400 W. Hopkins Avenue 6/7, Aspen, CO: Sold Price: $2,135,000/$1,693 sq ft furnished. More details below photo.

MLS #132923 – Aspen, West End, Scott Building condo, 400 W. Hopkins Avenue 6/7, Aspen, CO: Sold Price: $2,135,000/$1,693 sq ft furnished; Asking Price: $2,145,000. (Original Price: $2,145,000 and sold before MLS.) This is a 1973 built/2010 remodeled, 3 bedroom/3 bath, 1,261 sq ft condo. Broker comments are, “Sold before MLS. Ideally located within close proximity to Aspen’s core, but far enough away for some peace and quiet. Underwent an extensive and gorgeous remodel in 2009/2010. Enjoy ski slope views of Aspen Mountain.” 2013 Taxes: $2,721; HOA Dues: 775 Mo. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/16/2014; Sold Date: 02/12/2014. (Photos and broker comments courtesy of B.J. Adams & Co.)

MLS #132379 – Aspen, Central Core, Chateau Eau Claire condo, 1034 E. Cooper Avenue 5-A, Aspen, CO: Sold Price: $1,375,000/$1,410 sq ft furnished. More details below photos.

MLS #132379 – Aspen, Central Core, Chateau Eau Claire condo, 1034 E. Cooper Avenue 5-A, Aspen, CO: Sold Price: $1,375,000/$1,410 sq ft furnished; Asking Price: $1,450,000. (Original Price: $1,450,000 and 60 days on the market since 12/13/2013.) This is a 1971 built/2013 remodeled, 2 bedroom/2 bath, 975 sq ft condo. Broker comments are, “This gorgeous, two bedroom, two bath condo was just remodeled down to the studs. Featuring all new contemporary chic furnishings, hardwood floors, Caesarstone counter tops, custom built-in cabinets and stainless steel appliances, this is the ultimate Aspen condo. Enjoy the spacious balcony overlooking the Roaring Fork River in the summer and curl up by the wood-burning fireplace in the winter. The master suite has gorgeous built-in cabinets with ample storage. This fabulous complex underwent an exterior remodel last year and enjoys a common area including a hot tub and pool, ski lockers and off-street parking. Wonderfully quiet location, but just a short walk to downtown Aspen. In addition, the building has its own stop on the ski shuttle route.” 2013 Taxes: $2,431; HOA Dues: $2,910 Qtr. City of Aspen RETT Transfer Tax of 1.5% payable by buyer. Under Contract Date: 12/23/2013; Sold Date: 02/11/2014. (Photos and broker comments courtesy of Whitman Fine Properties.)

MLS #130826 – Snowmass Village, Wood Run single family home, 41 Hidden Lane, Snowmass Village, CO: Sold Price: $8,600,000/$1,312 sq ft furnished. More details below photos.

MLS #130826 – Snowmass Village, Wood Run single family home, 41 Hidden Lane, Snowmass Village, CO: Sold Price: $8,600,000/$1,312 sq ft furnished; Asking Price: $9,950,000. (Original Price: $9,950,000 and 596 days on the market since 06/28/2012.) This is a 1983 bult/2011 remodeled, 6 bedroom/6 bath/1 half bath, 6,551 sq ft single family home with 2 car garage on a 48,787 sq ft lot. Broker comments are, “Ski in and ski out does not get any better in Snowmass at this A+++ location. Located just above the new Base Village and the mid way point of the Snowmass Gondola, kids old and young will love this location. In the winter you can ride the jumps and rails of the Little Makaha terrain park to the ski room door. Summer allows immediate trail access to mountain bike, hike or play a few holes of frisbee golf on the new course set on the mountain. The six bedrooms, six and a half baths will accommodate family and guests and the indoor swimming pool and two hot tubs will delight year round. Incredible entertaining spaces and impeccable finish details make this gem of a home a true find.” 2013 Taxes: $16,265; HOA Dues: $100 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/30/2013; Sold Date: 02/13/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #131886 – Snowmass Village, Bank Owned REO sale, Meadow Ranch single family home, 360 Meadow Ranch Drive #C5, Snowmass Village, CO: Sold Price: $785,000/$320 sq ft. More details below photos.

MLS #131886 – Snowmass Village, Bank Owned REO sale, Meadow Ranch single family home, 360 Meadow Ranch Drive #C5, Snowmass Village, CO: Sold Price: $785,000/$320 sq ft; Asking Price: $849,900. (Original Price: $893,850 and 115 days on the market since 10/18/2013.) This is a 1981 built, 3 bedroom/3 bath/1 half bath, 2,450 sq ft single family home. Broker comments are, “Great opportunity to own a Single Family home in Meadow Ranch. This property features 3 bedrooms, 3.5 bathrooms and 2,450 square feet. Three levels with a master bedroom on the top level, a rear (South facing) patio area, and two out side decks which overlook the golf course. Property needs repair. Utilities will not be turned on. Sold As-Is.” 2013 Taxes: $3,136; HOA Dues: $1,473 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/10/2014; Sold Date: 02/10/2014. (Photos and broker comments courtesy of Merritt Group.)

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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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