The Estin Report Aspen Snowmass Weekly Real Estate Sales and Statistics: Closed (3) and Under Contract (4): Feb 12 - 19, 2012

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Feb 20, 2012

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THE ESTIN REPORT: STATE OF THE ASPEN REAL ESTATE MARKET 2011 YEAR AND 4TH QUARTER released Jan 9, 12

Click image or link for executive summary and full report

Tim Estin is an active Aspen real estate broker with Coldwell Banker Mason Morse  located in the center of Aspen. This blog, www.AspenRealEstateBlog.com or Tim Estin's blog, is released Monday mornings and sometimes in-between. The Estin Reports are released  quarterly or semi-annually, annually and also special reports. For blog archives, scroll to bottom of this page and search by date or topic. Or search this site in SearchEstinAspen.com on the menu bar. If it's about Aspen real estate, chances are there's something about it here.

Last Week's Market Highlights - Aspen Snowmass real estate weekly sales statistics and under contract activity appears below for all Aspen, Snowmass Village, Woody Creek and Old Snowmass properties over $250,000 in the upper Roaring Fork Valley excluding fractionals. Because the MLS links below expire after 30 days, photos and written descriptions of closed properties with excellent photography are posted here to preserve a public archive of sold market activity. For past sales, scroll to page bottom and search by time period.

Market Commentary

An article in the Aspen Business Journal two weeks ago provides an in-depth review of data and reports on Aspen real estate 2011 performance and where we are headed. It includes an interview with Tim Estin. See the Feb. 6, 12 article, "Aspen Real Estate: Improvements with Caveats in 2011".

Under Contract / Pending (4): MLS# 121986, 121423, 122389, 121341. This link is valid for 30 days until 03/19/2012. Photos and descriptions of under contracts are not posted unless special circumstances or significance dictate.

Closed (3): MLS# 121716, 121490, 123435. This link is valid for 30 days until 03/19/2012.

Aspen Solds Last Week:

MLS #121716 - Aspen, Central Core, Enclave At Aspen, Townhome, 411 S. West End Street Unit 5, Aspen, CO: Sold Price: $5,475,000/$1,452 furnished. More details below photos.                              

MLS #121716 - Aspen, Central Core, Enclave At Aspen,  Townhome, 411 S. West End Street Unit 5, Aspen, CO: Sold Price: $5,475,000/$1,452 furnished; Ask Price: $5,950,000. (Original Price: $5,950,000 and 280 days on the market since 05/12/2011.) This is a three level townhome 3 blocks from Aspen Mountain Gondola,  1995 built/2011 remodeled, 4 bedroom/4 bath/1 half bath, 3,769 sq ft condo with 2 car garage. Broker comments are, "Only a block from downtown, the Enclave residence encapsulates the perfect setting for Aspen-style entertaining or relaxing. Impressive two-story entrance that opens into a gracious foyer and staircase with great room style living and gourmet kitchen areas upstairs. Two luxuriously appointed master suites feature a master bath, large closet with built ins, and a cozy sitting room with built in fireplace. Other features include a family/media room, two guest rooms, and elevator. Residence is offered turn key." 2011 Taxes: $14,241; HOA Dues: $3,500 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/13/2012; Sold Date: 02/16/12. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #121490 - Aspen, Central Core, Aspen Mountain Townhouses, 623 S. Monarch, Base of Lift 1A area, Aspen, CO: Sold Price: $1,150,000/$929 sq ft. More details below photos.      

MLS #121490 - Aspen, Central Core, Aspen Mountain Townhouses, 623 S. Monarch, near base of Lift 1A, Aspen, CO: Sold Price: $1,150.000/$929 sq ft; Ask Price: $1,250,000. (Original Price: $2,400,000 and 973 days on the market since 12/19/2008.) This is a 1985 built/2008 remodeled, 3 bedroom/2 bath, 1,238 sq ft townhouse. Broker comments are, "This exquisitely designed, furnished and air conditioned home is being sold turnkey. The open living area seats eight for dinner, a perfect gathering area after a big ski day. The Master is its own level with highest quality finishes and plumbing fixtures. Jacuzzi tub, steam shower and Toto toilet/bidet combo. Just a few steps from Aspen Mountain and the St. Regis pool and spa." 2010 Taxes: $4,626; HOA Dues: $6,092 Yr.  City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/14/2012; Sold Date: 02/14/2012. (Photos and broker comments courtesy of Carol Dopkin Real Estate.)

MLS #123435 - Aspen, Central Core, Lift One condo, 131 E. Durant Avenue Unit #203, Aspen, CO: Sold Price: $912,000/$1,013 sq ft furnished. More details below photos.   

MLS #123435 - Aspen, Central Core, Lift One condo, 131 E. Durant Avenue Unit #203, Aspen, CO: Sold Price: $912,000/$1,013 sq ft furnished; Ask Price: $1,025,000. (Original Price: $1,195,000 and 259 days on the market since 02/11/2010.) This is a 1972 built/2010 remodeled, 2 bedroom/2 bath, 900 sq ft condo near Lift 1A at the base of Aspen Mountain. Broker comments are, "Recently renovated and fully furnished this 2 bedroom 2 bath faces north and enjoys the coveted location of Lift One in the core of Aspen. Excellent Amenities. Good Rental income to help cover expenses. Association assessments vary each month based on rental income and occupancy. Common expenses vary each month; based on unit income as a % of the total income for each month, for all condos." 2011 Taxes: $2,254; HOA Dues: Varies per month. City of Aspen Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/28/2012; Sold Date: 02/15/2012. (Photos and broker comments courtesy of BJ Adams & Co.)

Tim Estin welcomes your business, inquiries and comments. Email: tim@estinaspen.com or call 970.920.7387. Subscribe to The Estin Report and Tim Estin's AspenRealEstateBlog.com on twitter @EstinAspen by clicking "Join the conversation" button below or click subscribe button in the menu bar on left:

The Estin Report Aspen Snowmass Weekly Real Estate Sales and Statistics: Closed (2) and Under Contract (6): Feb 05 - 12, 12

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Feb 13, 2012

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RELEASED JAN 9. 2011: THE ESTIN REPORT: STATE OF THE ASPEN REAL ESTATE MARKET 2011 YEAR AND 4TH QUARTER

Click image or link for executive summary and full report

The Estin Report: State of the Aspen Market 2011 Year and 4th Quarter

Tim Estin is an active Aspen real estate broker with Coldwell Banker Mason Morse  located in the center of Aspen. This blog, www.AspenRealEstateBlog.com or Tim Estin's blog, is released Monday mornings and sometimes in-between. The Estin Reports are released  quarterly or semi-annually, annually and also special reports. For blog archives, scroll to bottom of this page and search by date or topic. Or search this site in SearchEstinAspen.com on the menu bar. If it's about Aspen real estate, chances are there's something about it here.

Last Week's Market Highlights - Aspen Snowmass real estate weekly sales statistics and under contract activity appears below for all Aspen, Snowmass Village, Woody Creek and Old Snowmass properties over $250,000 in the upper Roaring Fork Valley excluding fractionals. Because the MLS links below expire after 30 days, photos and written descriptions of closed properties with excellent photography are posted here to preserve a public archive of sold market activity. For past sales, scroll to page bottom and search by time period.

Market Commentary

An article in the Aspen Business Journal last week is an in-depth review of data and Aspen real estate reports on 2011 performance and where we are headed. It includes an interview with Tim Estin. See the Feb. 6, 12 article, "Aspen Real Estate: Improvements with Caveats in 2011".

Under Contract / Pending (6): MLS# 120514, 123426, 123338, 121475, 118450, 122711. This link is valid for 30 days until 03/12/2012. Photos and descriptions of under contracts are not posted unless special circumstances or significance dictate.

Closed (2): MLS# 104069, 110010 . This link is valid for 30 days until 03/12/2012.

Aspen Snowmass Solds Last Week:

MLS #104069 - Aspen, Central Core, Gant condo, 610 S. West End Street E-201, Aspen CO: Sold Price: $995,000/$1,005 sq ft furnished. More details below photos.

MLS #104069 - Aspen, Central Core, Gant condo, 610 S. West End Street E-201, Aspen CO: Sold Price: $995,000/$1,005 sq ft furnished; Ask Price: $1,095,000. (Original Price: $1,725,000 and 1,409 days on the market since 04/01/2008.) This is a 1972 built/2007 remodeled, , 2 bedroom/2 bath, 990 sq ft condo. Broker comments are, "Air conditioned, nicely furnished, corner unit with Aspen Mountain Views. Re-modeled kitchen and baths. Numerous upgrades in 2007. Quiet location in E building. Enjoy the nearby Ute Trail, Aspen Club, and many Gant amenities. Walk to shops and dining. Five tennis courts, 2 pools, Jacuzzis, and work out facility. Free shuttle and concierge service. Location, Location." 2011 Taxes: $3,185; HOA Dues: $20,720 Yr. Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/11/2012; Sold Date: 02/09/2012. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #110010 - Aspen, Central Core, 820 E. Hyman Ave. Town Home, 818 E. Hyman Avenue, Aspen, CO: Sold Price: $2,299,500/$1,057 sq ft furnished. More details below photos.   

MLS #110010 - Aspen, Central Core, 820 E. Hyman Ave. Town Home, 818 E. Hyman Avenue, Aspen, CO: Sold Price: $2,299,500/$1,057 sq ft furnished; Ask Price: 2,495,000. (Original Price: $3,995,000 and 1,067 days on the market.) This is a 1989 built, 3 bedroom/3 bath, 2,175 sq ft half duplex with 2 car garage. Broker comments are, "Victorian style half duplex in Aspen core. Outstanding in-town location, walk to everything, excellent views of Aspen Mountain. Turn key, shows great, attractive furnishings, good floor plan, great roof top deck/spa with amazing views." 2010 Taxes: $6,752. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/16/2012; Sold Date: 02/10/2010. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

Tim Estin welcomes your business, inquiries and comments. Email: tim@estinaspen.com or call 970.920.7387. Subscribe to The Estin Report and Tim Estin's AspenRealEstateBlog.com on twitter @EstinAspen by clicking "Join the conversation" button below or click subscribe button in the menu bar on left:

The Estin Report Aspen Snowmass Real Estate Weekly Market Update: Closed (9) and Under Contract(12): Jan 29 - Feb. 5, 12

Details

Feb 5, 2012

Scroll down  page for last  week  and prior week's market activty posting(s).

RELEASED JAN 9. 2011: THE ESTIN REPORT: STATE OF THE ASPEN REAL ESTATE MARKET 2011 YEAR AND 4TH QUARTER

Click image or link for executive summary and full report

The Estin Report: State of the Aspen Market 2011 Year and 4th Quarter

Tim Estin is an active Aspen real estate broker with Coldwell Banker Mason Morse  located in the center of Aspen. This blog, www.AspenRealEstateBlog.com or Tim Estin's blog, is released Monday mornings and sometimes in-between. The Estin Reports are released  quarterly or semi-annually, annually and also special reports. For blog archives, scroll to bottom of this page and search by date or topic. Or search this site in SearchEstinAspen.com on the menu bar. If it's about Aspen real estate, chances are there's something about it here.

Last Week's Market Highlights - Aspen Snowmass real estate weekly sales statistics and under contract activity appears below for all Aspen, Snowmass Village, Woody Creek and Old Snowmass properties over $250,000 in the upper Roaring Fork Valley excluding fractionals. Because the MLS links below expire after 30 days, photos and written descriptions of closed properties with excellent photography are posted here to preserve a public archive of sold market activity. For past sales, scroll to page bottom and search by time period.

Market Commentary - Jan 2012 moved dramatically ahead of Jan 2011, +45% in units sold and +24% in dollar volume , on top of 2011 gains over 2010 for the year, +15% in dollar volume and  +25% in unit sales .

Under Contract / Pending (12): MLS# 124023, 123928, 123644, 122662, 123435, 111755, 122414, 123849, 122173, 123937, 120977, 123634. This link is valid for 30 days until 03/05/2012. Photos and descriptions of under contracts are not posted unless special circumstances or significance dictate.

Closed (9): MLS# 115037, 117103, 119104, 123077, 120194, 124124, 114690, 120763, 123097 . This link is valid for 30 days until 03/05/2012.

Aspen Snowmass Solds Last Week:

MLS #115037 - Aspen, Central Core, East Aspen Addition single family home, 934 E. Cooper Avenue, Aspen, CO: Sold Price: $4,500,000/$1,053 sq ft partially furnished. More details below photos.

MLS #115037 - Aspen, Central Core, East Aspen Addition single family home, 934 E. Cooper Avenue, Aspen, CO: Sold Price: $4,500,000/$1,053 sq ft partially furnished; Ask Price: $4,950,000. (Original Price: $7,995,000 and 706 days on the market since 02/20/2010.) This is 1995 built, 5 bedroom/5 bath/2 half bath, 4,270 sq ft single family home with 2 car garage. Broker comments are, "A Masterpiece...romanticized Victorian architecture meets state of the art design and antique appointments. Undoubtedly one of the most unique residences in all of Aspen. Outfitted with late 19th and early 20th Century antiques purchased throughout the world. This incredible residence features a roof top deck with hot tub and dining area with stunning views of Aspen Mountain. Other features and details too numerous to list. A must see." 2010 Taxes: $13,694. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/06/2012; Sold Date: 01/27/2012. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #117103 -  Aspen, Central Core Penthouse Condo facing the proposed Aspen Art Museum, 630 E. Hyman Avenue, Aspen, CO: Sold Price: $5,175,000/$2,070 sq ft unfurnished. More details below photos. 

MLS #117103 -  Aspen, Central Core Penthouse Condo facing proposed Aspen Art Museum, 630 E. Hyman Avenue, Aspen, CO: Sold Price: $5,175,000/$2,070 sq ft unfurnished; Ask Price: $5,500,000. (Original Price: $5,500,000 and 575 days on the market since 06/24/2010.) This is a 2011 built, 3 bedroom/3 bath/1 half bath, 2,500 sq ft penthouse condo across the street from the proposed new Aspen Art Museum with 2 car garage. Broker comments are, "This stylish and elegant top-floor, contemporary penthouse located two blocks from the gondola is fully approved and ready for construction! Thoughtful design includes a functional floorplan all on one level with stunning, top-of-the-line finishes. 3 bedrooms + study and 1700 sq ft of snowmelted outdoor living space located right off the main area wrapping the south and east sides of the home. Floor to ceiling windows with jaw-dropping views of Aspen Mountain, Independence Pass and Hunter Creek; incredible all day sun. Private 2-car garage and plenty of storage with elevator access to the penthouse. An extraordinary opportunity in downtown Aspen that're sure to generate wow." 2011 Taxes: TBD; HOA Dues: TBD. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/20/2010; Sold Date: 01/20/2012. (Photos and broker comments courtesy of BJ Adams.)

MLS #119104 - Aspen, Central core, Clarendon Townhome, 625 West End #13, Aspen, CO: Sold Price: $2,530,000/$1,396 sq ft. More details below photos.      

MLS #119104 - Aspen, Central core, Clarendon Townhome, 625 West End #13, Aspen, CO: Sold Price: $2,530,000/$1,396 sq ft; Ask Price: $2,700,000. (Original Price: $3,995,000 and 2,357 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, "All new kitchen - Summer 2010. Sophisticated 2-story townhome - renovated in 2007 and fully furnished/accessorized in a contemporary style. Views of Ajax from master bedroom, A/C in master. Beautiful grounds. Small, quiet complex. Adjacent to Glory Hole Park. Walk to gondola, town center, Aspen Club easily. Pool, spa, resident manager." 2011 Taxes: $5,987; HOA Dues: $14,029 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/27/2011; Sold Date: 01/26/2012. (Photos and broker comments courtesy of BJ Adams.)

MLS #123077 - Aspen, West End half duplex home, 229 W. Smuggler Street, Aspen, CO: Sold Price: $2,500,000/$920 sq ft unfurnished. More details below photos. 

MLS #123077 - Aspen, West End half duplex home, 229 W. Smuggler Street, Aspen, CO: Sold Price: $2,500,000/$920 sq ft unfurnished; Ask Price: $3,395,000. (Original Price: $3,395,000 and 103 days on the market since 10/19/2011.) This is an 1888 built, 3 bedroom/2 bath, 2,716 sq ft single family home with off-street parking. Broker comments are, "Charming Victorian that fronts Triangle Park, off street parking at the rear of the property access from the alley. The home sits on a condominiumized 9,000 square foot lot." 2011 Taxes: $5,518. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/30/2011; Sold Date: 01/30/2012. (Photos and broker comments courtesy of Morris & Fyrwald, Sotheby's Intl Realty.)

MLS #120194 - Snowmass, Snowmass Creek single family homes plus apartment with acreage, 4100-4104 Snowmass Creek Drive, Snowmass, CO: Sold Price: $5,600,000/$1,496 sq ft unfurnished. More details below photos.       

MLS #120194 - Snowmass, Snowmass Creek single family homes plus apartment with acreage, 4100-4104 Snowmass Creek Drive, Snowmass, CO: Sold Price: $5,600,000/$1,496 sq ft unfurnished; Ask Price: $7,995,000. (Original Price: $9,975,000 and 680 days on the market since 03/01/2010.) This property is comprised of 73 acres with 2, 1978 built single family homes, 2 bedroom/2 bath; 3 bedroom/3 bath and a 1 bedroom/2bath apartment with 3 bay garage. Broker comments are, "Total of 73.16 acres divided into 2 parcels, each allowing 5750 square feet or 8250 square feet with TDRs. 3/4 miles of Snowmass Creek forms the Property's eastern boundary. Flat irrigated pastures are ready for horses. Sweeping views of the Snowmass ski area and Elk Mountain Range. Improvements include 2 residences plus guest apartment, 3 bay garage, various outbuildings, horse stalls, 1800s historic milking barn, tack room, irrigation ditches, fencing, landscaping, walking paths and picnic areas along the river. The last time this property sold was 60+ years ago. This is a once-in-a-generation opportunity to purchase a Property featuring acreage, views, river frontage and senior water rights (dating to the 1800's) located only 20 minutes from Aspen." 2010 Taxes: $5,958. Under Contract Date: 10/21/2011; Sold Date: 01/25/2012. (Photos and broker comments courtesy of Peak Properties of Aspen.)

MLS #124124 - Snowmass Village, Top of Village condo, 855 Carriage Way #204, Snowmass Village, CO: Sold Price: $1,285,000/$886 sq ft furnished. More details below photo.

MLS #124124 - Snowmass Village, Top of Village condo, 855 Carriage Way #204, Snowmass Village, CO: Sold Price: $1,285,000/$886 sq ft furnished; Ask Price: $1,285,000. (Original Price: $1,285,000 and 29 days on the market since 02/01/2012.) This is a 1974 built, 3 bedroom/3 bath, 1,450 sq ft condo. 2010 Taxes: $4,923. Under Contract Date: 0102/2012; Sold Date: 01/31/2012. Town of Snowmass Village Transfer Tax of approx. 1% payable by buyer. (Photo courtesy of Chaffin Light R.E.)

MLS #120763 - Aspen, East Aspen single family river front home, 329 Park Avenue, Aspen, CO: Sold Price: $4,000,000/$800 sq ft furnished. More details below photos.     

MLS #120763 - Aspen, East Aspen single family river front home, 329 Park Avenue, Aspen, CO: Sold Price: $4,000,000/$800 sq ft furnished; Ask Price: $4,995,000. (Original Price: $6,950,000 and 631 days on the market since 02/18/2010.) This is a 1998 built, 4 bedroom/4 bath/2 half bath, 4,994 sq ft single family home on the Roaring Fork River with 3 car garage. Broker comments are, "Old world charm and modern comfort merge to form this spacious mountain sanctuary. This immaculately well maintained home perched on a high bank of the Roaring Fork River affording Aspen Mountain views in addition to all the sights and sounds of the river is a short 5 minute walk to town. Old world charm framed by mountain, river and trees make this an irreplaceable property." 2010 Taxes: $16,582. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #114690 - Aspen, Red Mountain, Ridge of Red Mountain single family home, 75 Bennett Court, Aspen, CO: Sold Price: $2,250,000/$768 sq ft unfurnished. More details below photos.   

MLS #114690 - Aspen, Red Mountain, Ridge of Red Mountain single family home, 75 Bennett Court, Aspen, CO: Sold Price: $2,250,000/$768 sq ft unfurnished; Ask Price: $2,490,000. (Original Price: $4,295,000 and 729 days on the market since 02/04/2010.) This is a 1981 built, 4 bedroom/3 bath, 2,830 sq ft older single family home with 2 car garage. Broker comments are, "A rare opportunity to own on Red Mountain in this price range. Priced at land value, the house has great potential as a renovation and is very livable while a new dream home is planned. Five minute drive to town but the privacy and views that make Red Mountain highly coveted. Wonderfully large deck for entertaining. Oversized two car garage. Expansion potential 1759 square feet without buying a TDR and adding below grade space." 2010 Taxes: $7,711; HOA Dues: Approx. $800 Yr. Under Contract Date: 12/14/2011; Sold Date: 01/31/2012. (Photos and broker comments courtesy of Whitman Fine Properties.)

NO PHOTO AVAILABLE

MLS #123097 - Aspen, Central Core, Little Nell condo, 611 S. West End Street 5, Aspen, CO: Sold Price: $550,000; Ask Price: $585,000. (Original Price: $799,000 and 488 days on the market since 06/30/2010.) This is a 1968 built/2011 remodeled, 1 bedroom/1 bath, 611 sq ft condo. Broker comments are, "Complex going through a complete exterior remodel rennovation, to be completed by January. Great location, next to Glory Hole Park. Easy walk to town and gondola. Pets ok. Good rental. Wood-burning fireplace, 1 assigned parking space." 2010 Taxes: $2,148; HOA Dues: $1,000 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/19/2011; Sold Date: 01/30/2012. (Broker comments courtesy of Morris & Fyrwald, Sotheby's Intl. Realty.)

 

Tim Estin welcomes your business, inquiries and comments. Email: tim@estinaspen.com or call 970.920.7387. Subscribe to The Estin Report and Tim Estin's AspenRealEstateBlog.com on twitter @EstinAspen by clicking "Join the conversation" button below or click subscribe button in the menu bar on left:

The Estin Report Aspen Snowmass Weekly Real Estate Sales and Statistics: Closed (6) and Under Contract / Pending (6): Jan 22 - 29, 12

Details

Jan 30, 2012

Scroll down  page for last  week  and prior week's market activty posting(s).

RELEASED JAN 9. 2011: THE ESTIN REPORT: STATE OF THE ASPEN REAL ESTATE MARKET 2011 YEAR AND 4TH QUARTER

Click image or link for executive summary and full report

The Estin Report: State of the Aspen Market 2011 Year and 4th Quarter

Tim Estin is an active Aspen real estate broker with Coldwell Banker Mason Morse  located in the center of Aspen. This blog, www.AspenRealEstateBlog.com or Tim Estin's blog, is released Monday mornings and sometimes in-between. The Estin Reports are released  quarterly or semi-annually, annually and also special reports. For blog archives, scroll to bottom of this page and search by date or topic. Or search this site in SearchEstinAspen.com on the menu bar. If it's about Aspen real estate, chances are there's something about it here.

Last Week's Market Highlights - Aspen Snowmass real estate weekly sales statistics and under contract activity appears below for all Aspen, Snowmass Village, Woody Creek and Old Snowmass properties over $250,000 in the upper Roaring Fork Valley excluding fractionals. Because the MLS links below expire after 30 days, photos and written descriptions of closed properties with excellent photography are posted here to preserve a public archive of sold market activity. For past sales, scroll to page bottom and search by time period.

Under Contract / Pending (6): MLS# 124040, 115247, 121490, 109042, 98741, 117573 . This link is valid for 30 days until 2/29/2012. Photos and descriptions of under contracts are not posted unless special circumstances or significance dictate.

Closed (6): MLS#  114121, 120861, 122327, 119454, 122237, 117190. This link is valid for 30 days until 2/29//2012.

Aspen Snowmass Solds Last Week:

MLS #119454 - Aspen, West End, Hallam Addition single family home, 600 N. Third Street, Aspen, CO: Sold Price: $6,750,000/$1,175 sq ft unfurnished. More details below photos.                                                 

MLS #119454 - Aspen, West End, Hallam Addition single family home, 600 N. Third Street, Aspen, CO: Sold Price: $6,750,000/$1,175 sq ft unfurnished; Ask Price: $9,500,000. (Original Price: $12,500,000 and 374 days on the market since 01/19/2011.) This is a bankruptcy estate sale of a 1990 built/2009 beautiful contemporary remodel, 4 bedroom/4 bath/2 half bath, 5,744 sq ft single family home with 2 car garage. Broker comments are, "For that Buyer looking for the ultimate in contemporary style and design. Completely renovated in 2010 by Rowland and Broughton this West End home on a corner lot features exquisite finishes. Museum lighting, plaster walls, black granite floors, Porro Italian closet design in master, TRE-Piu doors, forced air, A/C-ready, and radiant heat, reverse osmosis, Boffi fixtures, elevator, 2-car heated garage and more. Fourth bedroom is currently used as a playroom. It is plumbed for full bath." 2010 Taxes: $13,662. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/08/2011; Sold Date: 01/20/2012. (Photos and broker comments courtesy of SDS R.E.)

MLS #114121 - Aspen, East Aspen single family home, 257 Park Avenue, Aspen, CO: Sold Price: $4,025,000/$1,012 sq ft furnished. More details below photos.     

MLS #114121 - Aspen, East Aspen single family home, 257 Park Avenue, Aspen, CO: Sold Price: $4,025,000/$1,012 sq ft furnished; Ask Price: $5,995,000. (Original Price: $5,995,000 and 771 days on the market since 12/16/2009.) This is a bankruptcy estate (same estate as above, 600 N Third) sale 2005 built, 4 bedroom/3 bath/1 half bath, 3,601 sq ft single family home with 2 car garage. Broker comments are, "The ultimate chic, contemporary home for indoor/outdoor living two blocks from downtown Aspen. Perfect for entertaining, special features include media room; multiple whirlpool tubs; snowmelt drive, walks and patio; great art walls and niches; a large pool/spa; and a courtyard with stunning zen gardens. Amazing Aspen Mountain views. A sexy 375 sq. ft. heated, lighted outdoor cabana provides for year-round enjoyment and privacy with its own living room, built-in TV, and outdoor kitchen complete with grill and fire pit." 2010 Taxes: $14,717. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 12/08/2011; Sold Date: 01/20/2012. (Photos and broker comments courtesy of SDS R.E.)

MLS #120861 - Aspen, Red Mountain, Pitkin Green single family lot, 972 Willoughby Way, Aspen, CO: Sold Price: $5,750,000. More details below photos.
       

MLS #120861 - Aspen, Red Mountain, Pitkin Green single family lot, 972 Willoughby Way, Aspen, CO: Sold Price: $5,750,000; Ask Price: $6,900,000. (Original Price: $6,900,000 and 260 days on the market since 05/05/2011.) This is a 1.57 acre single family lot located in the Pitkin Green subdivision on Aspen's Red Mountain. Broker comments are, "Prestigious location on Willoughby Way. A rare find in today's world, this 1.57 acre building site offers end-of-the-road privacy with Aspen's favorite views…the ski slopes and Maroon Bells. Enjoy the luxury of south-facing sun, plus the advantage of mature trees. The gentle topography at the site of the existing house is the perfect spot for a new home. Under the new Pitkin County Code, 12,890 sq. ft. of FAR is allowed. (TDR's are required to achieve this buildout). Call for all zoning details. If you believe Pitkin Green is the best-of-the-best, this site is even more special." 2010 Taxes: $49,707. Under Contract Date: 09/27/2011; Sold Date: 01/20/2012. (Photos and broker comments courtesy of Chaffin Light R.E.)

MLS #122327 - Aspen, Red Mountain, Green Acres single family home, 250 Willoughby Way, Aspen, CO: Sold Price: $6,000,000/$1,153 sq ft unfurnished. More details below photos. 

MLS #122327 - Aspen, Red Mountain, Green Acres single family home, 250 Willoughby Way, Aspen, CO: Sold Price: $6,000,000/$1,153 sq ft unfurnished; Ask Price: $6,250,000. (Original Price: $8,900,000 and 165 days on the market since 08/08/2011.) This is a redevelopment opportunity -  an older 1967 built, 4 bedroom/3 bath, 4,494 sq ft single family home with 2 car garage. Broker comments are, "This is a Phenomenal Willoughby Way location never previously exposed to the market. South facing riverside property with panoramic views from Independence Pass to Mt. Sopris. One acre property runs from Willoughby Way to the middle of the Roaring Fork River. Ten minute walk to Institute, Music Tent, Clark's Market and Post Office." 2010 Taxes: $12,934. Under Contract Date: 12/06/2011; Sold Date: 01/20/2012. (Photos and broker comments courtesy of Aspen Business Brokers.)

MLS #122237 - Snowmass Village, Ridge Run duplex, 53 N. Ridge Lane #A, Snowmass Village, CO: Sold Price: $1,790,000/$785 sq ft unfurnished. More details below photos.   

MLS #122237 - Snowmass Village, Ridge Run duplex, 53 N. Ridge Lane #A, Snowmass Village, CO: Sold Price: $1,790,000/$785 sq ft unfurnished; Ask Price: $1,890,000. (Original Price: $1,990,000 and 177 days on the market since 08/01/2011.) This is a 2011 built, 3 bedroom/3 bath/1 half bath, 2,278 sq ft duplex with 2 car garage. Broker comments are, "Unit #A is now available - the last unit in this complex. Unit #B is sold. This brand new luxury Semrau Building & Design duplex on North Ridge Lane features state of the art Aspen quality/environmental upgrades. The latest cutting edge features in this 2278 square foot, three bedroom, 3 1/2 bath residence include; glass stair treads, a solar heating system powering the in-floor radiant heat, domestic hot water, and snowmelt system, aluminum clad floor for heat conservation, recycled sinks from engine blocks, automated solar shades, natural clay wall finish, and much more. Great views complement the partially covered deck off the living area and the two car garage/extra storage areas make for a comfortable living experience." 2010 Taxes: $6,000; Town of Snowmass Village Transfer Tax of approx. 1% payable by buyer. Under Contract Date: 01/07/2012; Sold Date: 01/25/2012. (Photos and broker comments courtesy of Coldwell Banker Mason Morse. Tim Estin represented the buyer.)

MLS #117190 - Snowmass Village, Ridge Run single family home, 1970 Faraway Road, Snowmass Village, CO: Sold Price: $4,500,000/$894 sq ft furnished. More details below photos.   

MLS #117190 - Snowmass Village, Ridge Run single family home, 1970 Faraway Road, Snowmass Village, CO: Sold Price: $4,500,000/$894 sq ft furnished; Ask Price: $4,750,000. (Original Price: $6,995,000 and 1,503 days on the market since 12/12/2007.) This is a 1985 built/2006 remodeled, 5 bedroom/5 bath/2 half bath, 5,030 sq ft single family home with 3 car garage. Broker comments are, "Simply the Best. Completely renovated brand new 5 bedroom/5 bath/2 half bath ultra luxurious ski in/ski out home. Includes high tech media room, grand marble entry with oversized double entry doors,commercial quality kithcn with Viking appliances, steamshowers in the master and guest master baths, walnut floors, venetian plaster walls, beautiful granite and stone throughout. Ski in/ski out is via West Fork ski run just below Elk Camp. A must see to appreciate all the fine details." 2010 Taxes: $17,504; HOA Dues: $90 Yr. Town of Snowmass Village Transfer Tax of approx. 1% payable by buyer. Under Contract Date: 01/09/2012; Sold Date: 01/23/2012. (Photos and broker comments courtesy of Chaffin Light R.E.)

Tim Estin welcomes your business, inquiries and comments. Email: tim@estinaspen.com or call 970.920.7387. Subscribe to The Estin Report and Tim Estin's AspenRealEstateBlog.com on twitter @EstinAspen by clicking "Join the conversation" button below or click subscribe button in the menu bar on left:

Aspen Snowmass Real Estate Weekly Market Update Closed (3) and Under Contract (14): Jan 15 - 22, 2012

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Jan 23, 2012

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RELEASED JAN 9. 2011: THE ESTIN REPORT: STATE OF THE ASPEN REAL ESTATE MARKET 2011 YEAR AND 4TH QUARTER

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The Estin Report: State of the Aspen Market 2011 Year and 4th Quarter

Tim Estin is an active Aspen real estate broker with Coldwell Banker Mason Morse  located in the center of Aspen. This blog, www.AspenRealEstateBlog.com or Tim Estin's blog, is released Monday mornings and sometimes in-between. The Estin Reports are released  quarterly or semi-annually, annually and also special reports. For blog archives, scroll to bottom of this page and search by date or topic. Or search this site in SearchEstinAspen.com on the menu bar. If it's about Aspen real estate, chances are there's something about it here.

Last Week's Market Highlights - Aspen Snowmass real estate weekly sales statistics and under contract activity appears below for all Aspen, Snowmass Village, Woody Creek and Old Snowmass properties over $250,000 in the upper Roaring Fork Valley excluding fractionals. Because the MLS links below expire after 30 days, photos and written descriptions of closed properties with excellent photography are posted here to preserve a public archive of sold market activity. For past sales, scroll to page bottom and search by time period.

Under Contract / Pending (14): MLS# 111493, 110010, 116968, 121136, 123329, 109042, 98741, 119123, 123331, 122056, 104069, 122817, 123671, 120089 . This link is valid for 30 days until 2/22/2012. Photos and descriptions of under contracts are not posted unless special circumstances or significance dictate.

Closed (3): MLS# 121694, 122814, 123309 . This link is valid for 30 days until 2/22//2012.

Aspen Snowmass Solds Last Week:

MLS #121694 - Aspen, Racquet Club condo, 1050 Matchless Drive Unit 4, Aspen, CO: Sold Price: $1,700,000/$691 sq ft unfurnished. More details below photos.     

MLS #121694 - Aspen, Racquet Club condo, 1050 Matchless Drive Unit 4, Aspen, CO: Sold Price: $1,700,000/$691 sq ft unfurnished; Ask Price: $1,795,000. (Original Price: $1,795,000 and 203 days on the market since 06/27/2011.) This is a 1977 built/2009 remodeled, 3 bedroom/2 bath/1 half bath, 1,607 sq ft townhome. Broker comments are, "Tranquil east side townhome set amongst mature trees on a sumptuous rolling lawn, with a trickling stream steps away & beautiful views of Aspen Mountain. The small complex has just four units, and the exterior was recently remodeled with stone & wood, a new roof, and new windows. Set up as a duplex, the remodeled interior features 3 bedroom/2.5 bath, 1607 square feet plus an 800 square foot unfinished basement, spacious floor plan, open beam ceilings, new granite kitchen & baths, new doors & trim, new paint & carpet, wood-burning fireplace, walk-in closet in the master bedroom, recessed lighting, and a large rear deck with spacious yard. Walk to town from the convenient location between Aspen’s core & Smuggler Mountain. This is a rare find at this price." 2010 Taxes: $4,103; HOA Dues: $600 Mo. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 08/19/2011; Sold Date: 01/16/2012. (Photos and broker comments courtesy of Morris & Fyrwald, Sotheby's Intl Realty.)

MLS #122814 - Aspen, Hopkins Roan condo, 728 E. Hopkins Avenue #728, Aspen, CO: Sold Price: $4,200,000/$981 sq ft furnished. More details below photos.
 

MLS #122814 - Aspen, Hopkins Roan condo, 728 E. Hopkins Avenue #728, Aspen, CO: Sold Price: $4,200,000/$981 sq ft furnished; Ask Price: $4,695,000. (Original Price: $4,695,000 and 116 days on the market since 09/23/2011.) This is a 2001 built/2008 remodeled, 4 bedroom/4 bath/1 half bath, 4,278 sq ft townhome with 2 car garage. Broker comments are, "Spacious town home in the heart of Aspen. Enjoy the convenience of down town without sacrificing the any square footage. The 4278 SF town home has generous sized rooms with tall ceilings in all the bedrooms and cathedral ceilings in the main living area. There are fire places in all of the bedrooms and main living area (6 total). It is being sold fully furnished and turnkey with flat screen TV's and control 4 system. Great rental history for your investors or perfect for an end user." 2010 Taxes: $12,773; HOA Dues: $2,382 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/16/2011; Sold Date: 01/13/2012. (Photos and broker comments courtesy of Frias Properties of Aspen.)

MLS #123309 - Snowmass Village, Woodbridge condo, 35 Upper Woodbridge Road 16-Ab, Snowmass Village, CO: Sold Price: $317,000/$344 sq ft furnished. More details below photos. 

MLS #123309 - Snowmass Village, Woodbridge condo, 35 Upper Woodbridge Road 16-Ab, Snowmass Village, CO: Sold Price: $317,000/$344 sq ft furnished; Ask Price: $329,000. (Original Price: $329,000 and 417 days on the market since 05/20/2011.) This is a 1973 built, 2 bedroom/2 bath, 921 sq ft condo. Broker comments are, "Situated conveniently next to pool and laundry areas. Easy access to parking and shuttle bus. Private location. Contact Broker for Disclosure information." 2010 Taxes: $1,846.72; HOA Dues: $2,100 Qtr. Town of Snowmass Village Transfer Tax of 1% payable by buyer. Under Contract Date: 12/08/2011; Sold Date: 01/18/2012. (Photos and broker comments courtesy of Frias Properties of Aspen.)

Tim Estin welcomes your business, inquiries and comments. Email: tim@estinaspen.com or call 970.920.7387. Subscribe to The Estin Report and Tim Estin's AspenRealEstateBlog.com on twitter @EstinAspen by clicking "Join the conversation" button below or click subscribe button in the menu bar on left: