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 to preserve an archive of sold market activity.

Closed (7): MLS #s: 130798, 132828, 126708, 130004, 127592, 130340, 123141. This link is valid until 03/09/2014.

Under Contract / Pending (7): MLS #s: 132415, 130249, 132732, 132548, 124429, 120138, 129493. This link is valid until 03/09/2014.

Aspen Snowmass Solds Last Week

MLS #130798 – Aspen, West Aspen, Meadowood single family home, 721 Meadowood Drive, Aspen, CO: Sold Price: $4,500,000/$1,034 sq ft furnished. More details below photos.

MLS #130798 – Aspen, West Aspen, Meadowood single family home, 721 Meadowood Drive, Aspen, CO: Sold Price: $4,500,000/$1,034 sq ft furnished; Asking Price: $4,750,000. (Original Price: $5,250,000 and 212 days on the market since 07/15/2013.) This is a 1970 built/2010 remodeled, 4 bedroom/4 bath/1 half bath, 4,350 sq ft single family home with 2 car garage on 0.56 acres. Broker comments are, “Let the light in. This Modernist Meadowood home has been brilliantly restored and reinvented with the vision of Aspen creative director, Sallie Golden, bringing back a cornerstone of Aspen’s past. From the entry, the sleek open-plan living space consists of a series of “modular cubes” ~ living and family rooms divided by a central dining room and kitchen. A wall of doors opens the space to a reclaimed-wood deck with built-in benches and a freestanding outdoor slate fireplace. There are a total of four serene bedrooms, including a modern take on a bunk room and four and one-half lavish baths. This beautifully modern home lets the natural light and beauty of our alpine environment in. Five Trees ski access.” 2013 Taxes: $13,058; HOA Dues: $445 Yr. Under Contract Date: 12/27/2013; Sold Date: 02/06/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #132828 – Aspen, Central core penthouse condo, 620 E. Hyman Avenue, Unit 1, Aspen, CO: Sold Price: $5,700,000/$1,696 sq ft unfurnished. More details below photo.

MLS #132828 – Aspen, Central core condo, 620 E. Hyman Avenue, Unit 1, Aspen, CO: Sold Price: $5,700,000/$1,696 sq ft unfurnished; Asking Price: $5,700,000. (Original Price: $5,700,000.) This is a 1976 built, 4 bedroom/4 bath, 3,360 sq ft top floor condo above the Aspen / Pure Barre exercise studio on the street level (where the Dancing Bear sales office used to be located). Broker comments, “Sold before MLS.” 2013 Taxes: $11,181; HOA Dues: $75,000 Yr. City of Aspen RETT Transfer Taxes of 1.5% payable by buyer. Under Contract Date: 02/03/2014; Sold Date: 02/03/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #126708 – Aspen, Clarendon condo, 625 S. West End St Unit #13, Aspen, CO: Sold Price: $2,789,875/$1,539 sq ft furnished. More details below photos.

MLS #126708 – Aspen, Clarendon condo, 625 S. West End St Unit #13, Aspen, CO: Sold Price: $2,789,875/$1,539 sq ft furnished; Asking Price: $3,090,000. (Original Price: $3,995,000 and 2,072 days on the market since 06/05/2008.) This is a 1976 built/2010 remodeled, 3 bedroom/3 bath, 1,812 sq ft condo. Broker comments are, “Beautiful and spacious 3 bedroom, 3 bathroom luxury townhome just three blocks from the Aspen Gondola. Recently remodeled with a sleek modern décor, this townhome features an updated kitchen and bathrooms, an open floor plan, flat screen TV’s throughout and a quiet deck and yard. Relax in the complex pool and hot tub after a long day of playing in the mountains.” 2013 Taxes: $6,472; HOA Dues: $14,029. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/04/2013; Sold Date: 02/05/2014. (Photos and broker comments courtesy of Pinnacle Properties & Development.)

MLS #130004 – Aspen, Central Core commercial, 419 E. Hyman Units 2 & 6 on the Hyman Street Mall, Aspen, CO: Sold Price: $4,500,000/$1,205 sq ft. More details below photos.

MLS #130004 – Aspen, Central Core commercial, 419 E. Hyman Units 2 & 6 on the Hyman Street Mall, Aspen, CO: Sold Price: $4,500,000/$1,205 sq ft; Asking Price: $5,290,000. (Original Price: $5,290,000 and 312 days on the market since 05/27/2013.) This is a 4,147 sq ft commercial building in downtown Aspen. Broker comments are, “This offering at Aspen’s landmark Paragon Building on the Hyman Avenue walking mall includes the mall level unit and garden level unit directly below and connected to it. Highly visible location and pedestrian traffic. Retail space with oversized windows and 14 ft high ceilings with significant TI finshes from previous tenant.” 2012 Taxes: $51,075; HOA Dues: $21,138. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/07/2013; Sold Date: 01/31/2014. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #127592 – Snowmass Village, Crestwood condo, 400 Wood Road 3206, Snowmass Village, CO: Sold Price: $305,000/$453 sq ft furnished. More details below photos.

MLS #127592 – Snowmass Village, Crestwood condo, 400 Wood Road 3206, Snowmass Village, CO: Sold Price: $305,000/$453 sq ft furnished; Asking Price: $325,000. (Original Price: $449,000 and 463 days on the market since 10/25/2012.) This is a 1970 built/2007 remodeled, 1 bedroom/1 bath, 672 sq ft condo. Broker comments are, “Great price for a completely renovated one bedroom in the upscale Crestwood Condominiums. All high-end finishes and excellent rental history. 2012 $20,766 rental income with owner having 23 days. Rental income as of 8/31/13 is $17,754.” 2013 Taxes: $1,485; HOA Dues: $11,757. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/30/2013; Sold Date: 01/13/2014. (Photos and broker comments courtesy of Portfolio Aspen Properties.)

MLS #130340 – Snowmass Village, Sinclair Meadows, 237 Gambel Way, Vacant Lot 13, Snowmass Village, CO: Sold Price: $695,000. More details below photos.

MLS #130340 – Snowmass Village, Sinclair Meadows, 237 Gambel Way, Vacant Lot 13, Snowmass Village, CO: Sold Price: $695,000; Asking Price: $749,000. (Original Price: $1,525,000 and 2,116 days on the market since 04/21/2008.) This is a 0.32 acre single family lot in the Sinclair Meadows subdivision. Broker comments are, “Lot 13 offers views of the Rim Trail and Wildcat Ridge. Views to the north and northeast are of the distant down-valley views. Lowest price lot in Sinclair Meadows, the fastest selling neighborhood in Snowmass Village. Located in Aspen School District.” 2013 Taxes: $7,682; HOA Dues: $2,700 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/27/2013; Sold Date: 02/05/2014. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #123141 – Snowmass Village, Stonebridge condo, 30 Anderson Lane #632, Snowmass Village, CO: Sold Price: $1,050,000/$741 sq ft furnished. More details below photos.

MLS #123141 – Snowmass Village, Stonebridge condo, 30 Anderson Lane #632, Snowmass Village, CO: Sold Price: $1,050,000/$741 sq ft furnished; Asking Price: $1,199,000. (Original Price: $1,250,000 and 829 days on the market since 10/28/2011.) This is a 1970 built/2006 remodeled, 3 bedroom/3 bath, 1,416 sq ft condo. Broker comments are, “Functions like a 3 bedroom w/3 full baths. Sliding door to separate 3rd bedroom space w/it’s own bath. (otherwise it’s part of a grand living/dining area). Overlooking Fanny Hill, Base Village and the ski slopes. Perfect access for the entire family; with gas fireplace, washer & dryer and enough dining space for a big crowd. Luxury spa amenities at the Stonebridge are above and beyond; assigned covered parking, private additional owner’s storage, beautiful work-out facility, pool, hot tubs, on-site ski concierge, patio and grills – A+ management team! Also available, adjacent #633(MLS#114678); creating the possibility of one grand condominium.” 2013 Taxes: $3,516; HOA Dues: 16,380. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 01/13/2014; Sold Date: 02/03/2014. (Photos and broker comments courtesy of B.J. Adams & Co.)

Tim Estin welcomes your business, inquiries and comments. Email him or call 970.309-6163. Subscribe to The Estin Report and blog 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:

Recent Estin Report tweets on Aspen Real Estate

{loadposition articlepos}

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”

_______________________________________