Aug 11 – 18, 2019 Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (6) + Under Contract / Pending (9).

The July 2019 & YTD Aspen Real Estate Market Snapshot has been posted in Current Reports. See Bottom Line Comments. The Monthly Snapshots are posted on or near the 1st Monday of every month. 

Bi-Annual – Estin Report: Aspen Snowmass Real Estate Market 2019 ws

The updated Pace of Sales Charts Q2 2008 through Q2 2019 were posted in Charts on July 17, 19.
These answer the question “Where are we now compared to prior periods?” and indicate market direction with trend lines.

     
                                   Aspen & Snowmass Village Historic Real Estate Sales Chart Series

Blog Post: Aug 11 – 18, 2019 Aspen CO real estate market activity, Week 33

Weekly Aspen and Snowmass CO real estate sales activity appears below for sold and under contracts properties in the upper Roaring Fork Valley over $250,000 – for Aspen, Snowmass Village, Brush Cr Village, Woody Creek and Old Snowmass. Fractional sales are not included. Photos and written descriptions of sold properties are posted here as the MLS links below expire after 30 days. For earlier dates, see the Estin Report blog archives starting in 2008 at the bottom of the page. Or use SearchEstinAspen in the menu bar to search by topic, address, subdivision, complex, date, etc.  If it’s about Aspen real estate, the information should be here.

Closed (6):  MLS#s: 150650, 155340, 155459, 159709, 160200, 160211.  This link is valid until 9/17/2019.

Under Contract/Pending (9)MLS#s: 152998, 153124, 154709, 155043, 156922, 157678, 159311, 159470, 160010.  This link is valid until 9/17/2019.

Sold Properties Last Week:

MLS #155340 – Hallam Addition, West End, 707 N Third Street, Aspen, CO: Sold Price: $6,000,000/$1,900 sq ft; unfurnished. Sold Date: 08/14/2019. More details below photos.

MLS #155340 – Hallam Addition, West End, 707 N Third Street, Aspen, CO: Sold Price: $6,000,000/$1,900 sq ft; unfurnished. Sold Date: 08/14/2019. Aspen homes for sale. Ask Price: $6,250,000. (Original Price: $6,750,000 and 384 days on the market since 07/10/2018.) This is a 1888 built and 2010 remodeled, 4 bedroom/4 bath, 3,157 sq ft single family historic home with 1 car garage on a smaller 5,000 sq ft lot. (Typical West End lots are 6,000 sf.) Broker comments are “Vintage Victorian in mint condition. Popular West End corner location with easy walk to the Music Tent, Harris Hall and the Aspen Institute. Built in 1888, the home is an historical landmark. Major remodel in 2010, including a new foundation under the Victorian portion of the house. Bright, cheery, with lots of light. Minimalist style is refreshing and easy-care. Living room, dining area and kitchen have vaulted ceilings. Main floor master looks out to the side yard. Upstairs has a loft bedroom and its own bath. Lower level is two bright bedrooms and a family/gathering area with an outside entrance. Three available parking spaces, in addition to one-car garage. Additional FAR of 800sf available.” 2017 taxes: $11,639. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/19/2019; Sold Date: 08/14/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Spring Street)

Property and Listing History
707 N Third Street, Aspen, CO 81611
MLS # Status Price % Change Date DOM Address

MLS #155459 – Gant Condominiums, Central Core, 610 S West End Street D-103, Aspen, CO: Sold Price: $1,670,000/$1,712 sq ft; furnished. Sold Date: 08/12/2019. More details below photos.

MLS #155459 – Gant Condominiums, Central Core, 610 S West End Street D-103, Aspen, CO: Sold Price: $1,670,000/$1,712 sq ft; furnished. Sold Date: 08/12/2019. Aspen condos for sale. Ask Price: $1,750,000. (Original Price: $1,750,000 and 388 days on the market since 07/20/2018.) This is a 1972 built and 2012 remodeled, 2 bedroom/2 bath, 975 sq ft condo. Gant Condos location map. Broker comments are “Private, prime location in the D Building; outstanding remodel making it one of the most livable (and rentable) in the complex. Living room opens to a patio and yard with a small stream. Completely ”gutted” in 2012, unit now has all new insulation and Quiet Rock drywall (eliminating sound), lighting, flooring, wall covering, fixtures, etc. The floor plan includes a master bedroom with an ensuite master bath, gorgeous tumbled stone wall, king-size bed, ceiling fan. Second bedroom has two queen beds with a built-in closet. All beds are raised for extra storage underneath. Kitchen has custom wood cabinets with Caesar stone counters tops, large copper farmers sink, custom copper pendants lights, slate back splash. A must see.” 2017 taxes: $2,665; HOA Dues: $26,332 per Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 06/15/2019; Sold Date: 08/12/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Spring Street)

Property and Listing History
610 S West End Street D-103, Aspen, CO 81611
MLS # Status Price % Change Date DOM Address

MLS #160211 – Midland Condos, Central Core, 601 S West End Street 1, Aspen, CO: Sold Price: $935,000/$1,678 sq ft; unfurnished. Sold Date: 08/07/2019. More details below photos.

MLS #160211 – Midland Condominiums, Central Core, 601 S West End Street 1, Aspen, CO: Sold Price: $935,000/$1,678 sq ft; unfurnished. Sold Date: 08/07/2019. Aspen condos for sale. Ask Price: $979,000. (Original Price: $979,000 and 42 days on the market since 06/26/2019.) This is a 1969 built and 2019 remodeled, 1 bedroom/1 bath, 557 sq ft condo. Broker comments are “Great corner unit with walk out to Glory Hole Park. 2 Blocks to Aspen Mountain Gondola. Completely remodeled to the studs with brand new contemporary finishes throughout. Quiet, but right in town, walk everywhere and off street parking.” 2019 taxes: $1,435; HOA Dues: $5,800. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/12/2019; Sold Date: 08/07/2019. (Photos and broker comments courtesy of Compass Aspen)

Property and Listing History
601 S West End Street 1, Aspen, CO 81611
MLS # Status Price % Change Date DOM Address

MLS #160200 – East Aspen, TDR (Transferable Development Right), Aspen, CO: Sold Price: $250,000. Sold Date: 08/09/2019. More details below photo.

MLS #160200 – East Aspen, TDR (Transferable Development Right), Aspen, CO: Sold Price: $250,000. Sold Date: 08/09/2019. Aspen lots for sale. Ask Price: $250,000. A TDR, or Transferable Development Right (See TDR handout from Pitkin County) is a development right that may be transferred from a “Sending Site” to lands that are designated as suitable for development (“Receiver Site”). (Original Price: $250,000 and 950 days on the market since 01/01/2017.) Broker comments are “Single Pitkin County Transferable Development Right (TDR). Certificates are fully perfected and ready for use.” Under Contract Date: 07/02/2019; Sold Date: 08/09/2019. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty-Hyman Mall)

Property and Listing History
of a Pitkin County TDR (Transferrable Development Right) over time,
Aspen, CO 81611. TDR’s are sold on the open market and do not have a set price.
MLS # Status Price % Change Date DOM Address

MLS #150650 – Ridge Run Subdivision, 295 Maple Ridge Ln, Snowmass Village, CO: Sold Price: $1,305,000/$418 sq ft. Sold Date: 08/12/2019. More details below photos.

MLS #150650 – Ridge Run, 295 Maple Ridge Ln, Snowmass Village, CO: Sold Price: $1,305,000/$418 sq ft. Sold Date: 08/12/2019. Snowmass Village homes for sale. Ask Price: $1,457,000. (Original Price: $1,750,000 and 678 days on the market since 08/28/2017.) This is a 1974 built, 3 bedroom/2 bath/1 3/4-bath, 3,118 sq ft single family home with 2 car garage on a 31,537 sq ft lot. Tim’s notes: This is an older home and represents the approximate current entry point for a Snowmass Village single family home within the Aspen School District. Broker comments are “Experience the changing seasons in a truly spectacular setting. This home will inspire your imagination and provide the solitude you’ve been looking for. Located on a quite cul-de-sac street and thoughtfully set back from the road for maximum tranquility. One bedroom & one bath on each level. Lower level mother-in-law studio enjoys private access. Located within the Aspen School District and close to restaurants, skiing and more.” 2016 taxes: $3,781; HOA Dues: $90 per Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 06/08/2019; Sold Date: 08/12/2019. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Willits)

Property and Listing History
295 Maple Ridge Ln, Snowmass Village, CO 81615
MLS # Status Price % Change Date DOM Address

MLS #159709 – Wood Run Place, 425 Wood Road #22, Snowmass Village, CO: Sold Price: $1,150,000/$621 sq ft; furnished. Sold Date: 08/12/2019. More details below photos.

MLS #159709 – Wood Run Place, 425 Wood Road #22, Snowmass Village, CO: Sold Price: $1,150,000/$621 sq ft; furnished. Sold Date: 08/12/2019. Snowmass Village condos for sale. Ask Price: $1,250,000. (Original Price: $1,250,000 and 63 days on the market since 06/10/2019.) This is a 1983 built and 1989 remodeled, 3 bedroom/3 bath, 1,850 sq ft condo. Broker comments are “A spectacular 3-bedroom, designed all on one floor & located in the WPLA tower with elevator access–no stairs. This property spans the building’s width, and there are views out both sides – toward the ski area through tall aspens to the south and across Fanny Hill to Rim Trail. Features include heart pine wood floors with custom small green tile insets, woodburning fireplace crafted with rustic stone blocks, wall-to-wall library, study foyer, and three gracious bedrooms, each with its own bath and long wall of windows. Also included, a renovated kitchen with slab stone or wood counters, double windows over sink, and stainless appliances, along with a double-door wet bar, fully stocked for entertaining. Recently updated with new lighting, accessories & bedding. Long, sunny deck. Custom cabinetry throughout condo. Full-size washer/dryer. Tremendous storage. One assigned carport space in courtyard. This property has only been used by owners and has never been rented. In the WPLA ski room, this unit has huge locker for skis/snowboards/ boots located right next to the door to the slopes – ski-in/ski-out couldn’t be any easier.” 2018 taxes: $2,979; HOA Dues: $33,790. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 07/17/2019; Sold Date: 08/12/2019. (Photos and broker comments courtesy of Compass SMV)

Property and Listing History
425 Wood Road #22, Snowmass Village, CO 81615
MLS # Status Price % Change Date DOM Address

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