Last week’s sales activity appears below. The Dec 2013 Aspen Snowmass Market Snapshot was posted in Current Reports. Tim was interviewed by the Aspen Times in a “Pitkin County Real Estate 2013” article on Dec 30, 13 and 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 Long Term Interest Rates Chart for full size. (Source: Bianco Research)
Click image for larger view of Aspen real estate market trend chart.
Two charts from 3rd Quarter & YTD 2013 State of the Aspen Market Report
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 (4): MLS #s: 126056, 132494, 131098, 130781. This link is valid until 02/05/2014.
Under Contract / Pending (11): MLS #s: 127592, 132502, 132416, 123141, 131474, 132174, 114971, 128967, 131866, 132411, 130826. This link is valid until 02/05/2014.
Aspen Snowmass Solds Last Week
MLS #126056 – Aspen, West End single family home, 307 N. Sixth Street, Aspen, CO: Sold Price: $5,535,000/$1,230 sq ft furnished. More details below photos.
MLS #126056 – Aspen, West End single family home, 307 N. Sixth Street, Aspen, CO: Sold Price: $5,535,000/$1,230 sq ft furnished; Asking Price: $6,050,000. (Original Price: $6,300,000 and 554 days on the market since 06/20/2012.) This is a 1994 built/2000 remodeled, 5 bedroom/5 bath/1 half bath, 4,500 sq ft single family home with 2 car garage on 0.14 acres. Broker comments are, “West End Privacy Located on a south facing corner lot this home has location, privacy and a great open floor plan. A large south facing deck/patio and a seasonal stream make summer a glorious experience. Updated kitchen and bathrooms. Five bedrooms, five and one half bathrooms mostly furnished. Bring the family.” 2012 Taxes: $13,104. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/12/2013; Sold Date; 12/26/2013. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)
MLS #132494 – Aspen, Maroon Creek Townhome, 612 Oregon Trail, Aspen, CO: Sold Price: $4,250,000/$886 sq ft furnished.
(Townhome is to the right bottom of Tiehack Lift.)
MLS #132494 – Aspen, Maroon Creek Townhome, 612 Oregon Trail, Aspen, CO: Sold Price: $4,250,000/$886 sq ft furnished. Asking Price: $4,250,000. (Original Price: $4,900,000 listed since 02/01/13 and 290 days on the market… but listing was cancelled early this fall.) This is a 1998 built, 4 bedroom/5 bath, 4,796 sq ft townhouse with 2 car garage located at the base of Tiehack Lift. No broker comments in MLS 2013 Taxes: $10,118; City of Aspen RETT Transfer Tax of 1.5% payable by buyer. Under Contract Date: 11/18/2013; Sold Date: 11/18/2013. (Photo courtesy of Coldwell Banker Mason Morse.)
MLS #131098 – Old Snowmass, Shield O Terrace single family lot, TBD Old Pond Way, Snowmass, CO: Sold Price: $465,000. More details below photos.
MLS #131098 – Old Snowmass, Shield O Terrace single family lot, TBD Old Pond Way, Snowmass, CO: Sold Price: $465,000; Asking Price: $525,000. (Original Price: $1,850,000 and 2,296 days on the market since 09/21/2007.) This is an 11.76 acre single family lot in the Shield O Terrace subdivision in Old Snowmass. Broker comments are, ” Very private wooded lot with huge evergreen and aspen trees. Fabulous views of Snowmass Ski Area. Water rights for spring and pond. Older garage and well included.” 2012 Taxes: $11,230. Under Contract Date: 11/21/2013; Sold Date: 01/03/2014. (Photos and broker comments courtesy of Basalt Realty.)
MLS #130781 – Snowmass Village, Snowmass Villas townhome (Blue Roofs), 4000 Brush Creek Road #28, Snowmass Village, CO: Sold Price: $535,000/$606 sq ft partially furnished. More details below photos.
MLS #130781 – Snowmass Village, Snowmass Villas townhome (Blue Roofs), 4000 Brush Creek Road #28, Snowmass Village, CO: Sold Price: $535,000/$606 sq ft partially furnished; Asking Price: $569,000. (Original Price: $595,000 and 176 days on the market since 07/14/2013.) This is a 1968 built/2013 remodeled, 2 bedroom/2 bath, 882 sq ft townhouse. Broker comments are, “A delightful corner 2-bedroom townhome filled with light. Renovated, inc new kitchen and baths. Gorgeous master suite. The living room and a sweet patio overlook park-like grounds, with Snowmass ski area trails in the background. One assigned carport space, behind which is large storage area. Located on 14th hole of Snowmass Golf Course. Easy to catch ski bus to slopes, just 3 minutes away. Also on RFTA bus route to Aspen and Basalt.” 2012 Taxes: $1,536; HOA Dues: $574 Mo. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 11/05/2013; Sold Date: 01/03/2014. (Photos and broker comments courtesy of B.J. Adams & Co.)
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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”