Aspen_Co_condos_for_sale_405_S_Monarch_Street_303_4_Compass-1

Aspen Real Estate Market  Last Week’s Sales: Dec 19 – 26, 22 – Week 51

Closed (3): MLS#s: 174356, 177751, 177755. This link is valid until 1/24/2023

Under Contract/Pending (5): MLS#s: 177300, 176127, 177698, 177687, 177689. This link is valid until 1/24/2023.

See other Aspen real estate market postings with 10 page monthly snapshots and 32 pg bi-annual reports. The 2022 Year in Review will be released on line early in the week of Dec 19, 2022.

Sold Properties Last Week.

MLS # 174356 – Monarch on the Park, Central Core, 405 S Monarch Street Unit P-2 (Penthouse), Aspen, CO; Sold Price: $25,875,000/$7,545 sq ft; furnished. Sold Date: 12/21/2022. More details below photos.

MLS # 174356 – Monarch on the Park, Central Core, 405 S Monarch Street 303, Aspen, CO; Sold Price: $25,875,000/$7,545 sq ft; furnished. Sold Date: 12/21/2022. Ask Price: $27,000,000. (Original Price: $27,000,000 and on the market since 04/05/2022. The unit previously sold in Dec 2021 at $17.5M) This is a 2008 built and 2012 remodeled, 3 bedroom/3 bath/1 half-bath/1 3/4-bath, 3,429 sq ft condo with 2 car garage. Tim’s comments: This is the highest price per sq ft ever paid for an Aspen condo. Luxury penthouse in the center of town, prime Aspen Mountain Views and 3-4 blocks to the Gondola. This open floor plan unit is in one of Aspens newest built complexes, Monarch on the Park, built in 2008. That ‘newer architecture’ yields higher 10’’ ceilings, floor to ceiling windows and generally far greater interior volume than most of Aspen’s 1960-1970’s older condominium stock (@90%). The complex also features enclosed, private garage spaces within an underground parking garage. The property was under contract before becoming active in the MLS for the purpose of entertaining back up offers. 2019 Taxes: $28,389; HOA Dues: $31,777. Under Contract Date: 02/24/2022; Sold Date: 12/21/2022. (Photos and broker comments courtesy of Compass)

MLS # 177751 – Aspen Square, Central Core, 617 E Cooper Avenue 217, Aspen, CO; Sold Price: $1,725,000/$3,477 sq ft; furnished. Sold Date: 12/22/2022. More details below photos.

MLS # 177751 – Aspen Square, Central Core, 617 E Cooper Avenue 217, Aspen, CO; Sold Price: $1,725,000/$3,477 sq ft; furnished. Sold Date: 12/22/2022. Ask Price: $1,700,000. (Original Price: $1,700,000 and on the market since 12/22/2022.) This is a 1969 built, 1 bath, 496 sq ft condo with common car garage. Tim’s comments: Sold before MLS. The Aspen Square complex is located dead center of town, across the street from the Aspen Mountain Gondola. In 2007, it was the first condo location in Aspen to exceed $3,000 sq ft for a top floor, corner, 2 bdrm 840 sq ft unit overlooking Gondola Plaza.  2021 Taxes: $2,315; HOA Dues: $19,996. Under Contract Date: 10/10/2022. Sold Date: 12/22/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)

MLS # 177755 – Aspen Square, Central Core, 617 E Cooper Avenue 422, Aspen, CO; Sold Price: $1,575,000/$3,175 sq ft; furnished. Sold Date: 12/22/2022. More details below photos.

MLS # 177755 – Aspen Square, Central Core, 617 E Cooper Avenue 422, Aspen, CO; Sold Price: $1,575,000/$3,175 sq ft; furnished. Sold Date: 12/22/2022. Ask Price: $1,595,000. (Original Price: $1,595,000 and on the market since 12/22/2022.) This is a 1969 built and 2017 remodeled, 1 bedroom, 496 sq ft condo with common car garage. Tim’s comments: Sold prior to MLS (off-market). See Aspen Square comments above. 2022 Taxes: $2,774; HOA Dues: $19,761. Under Contract Date: 12/02/2022; Sold Date: 12/22/2022. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s International Realty)

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