Last week’s sales activity is posted 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.

The Estin Report: 2nd Quarter/1st Half 2013 State of the Aspen Market was released Thurs. 7/25/13 in the Current Reports section

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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.

Under Contract / Pending (13) MLS#’s: 128432, 123553, 127033, 124753, 122294, 128036, 126091, 130650, 122178, 122313, 129898, 128094, 130090 . Photos and descriptions of under contracts are not posted unless special circumstances or significance dictate. This link is valid for 30 days until 08/21/2013.

Closed (11) MLS #’s: 127816, 121111, 128100, 130819, 127115, 128837, 128612, 128614, 129195, 129403, 129402 . This link is valid for 30 days until 08/21/2013.

Aspen Snowmass Solds Last Week

MLS #127816 – Aspen, West Aspen duplex, 775 Cemetery Lane, Aspen, CO: Sold Price: $3,800,000/$870 sq ft furnished. More details below photos.

MLS #127816 – Aspen, West Aspen duplex, 775 Cemetery Lane, Aspen, CO: Sold Price: $3,800,000/$870 sq ft furnished; Asking Price: $4,250,000. (Original Price: $4,250,000 and 264 days on the market since 11/26/2012.) This is a 2002 built, 4 bedroom/5 bath/1 half bath, 4,364 sq ft duplex with 2 car garage. Broker comments are, ” Custom built 4 bedroom, 5 1/2 bathroom half duplex located on the golf course at Cemetery Lane. Great views! 23 foot ceiling in the living room and loft area. Gourmet kitchen, family room with color pleasing walls with radiant heat. Direct access to cross country skiing and bus route.” 2012 Taxes: $6,582. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/04/2013; Sold Date: 07/16/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #121111 – Aspen, Central Core, Aspen Square condo, 617 E. Cooper Avenue, #406, Aspen, CO: Sold Price: $750,000/$1,512 sq ft furnished. More details below photos.

MLS #121111 – Aspen, Central Core, Aspen Square condo, 617 E. Cooper Avenue, #406, Aspen, CO: Sold Price: $750,000/$1,512 sq ft furnished; Asking Price: $795,000. (Original Price: $810,000 and 789 days on the market since 05/23/2011.) This is a 1969 built/2005 remodeled, 496 sq ft studio with 1 bath. Broker comments are, “One of the best studios at The Aspen Square. Sweet, top-floor corner location with views of Continental Divide and Red Mountain/Smuggler. Sunny from early morning to mid-afternoon. Renovated and beautifully furnished, accessorized. Frequently requested by guests, #406 has an excellent rental history.” 2012 Taxes: $1,721; HOA Dues: $17,346 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/15/2013; Sold Date: 07/15/2013. (Photos and broker comments courtesy of B.J. Adams & Co.)

MLS #128100 – Aspen, Central Core, Aspen Townsite commercial, 100 E. Main Street, Aspen, CO: Sold Price: $1,525,000/$410 sq ft. More details below photos.

MLS #128100 – Aspen, Central Core, Aspen Townsite commercial, 100 E. Main Street, Aspen, CO: Sold Price: $1,525,000/$410 sq ft; Asking Price: $2,200,000. (Original Price: $2,200,000 and 425 days on the market since 12/19/2012.) This is a 1964 built, 3,717 sq ft commercial space in downtown Aspen. Broker comments are, “This professional office space is strategically located at the highly visible northeast corner of the intersection of Main Street and Garmisch Street in downtown Aspen. The building is located just two (2) blocks west of the Hotel Jerome on the edge of the Aspen commercial core. The space includes 3,717 SF of first level office space and 399 SF of lower level storage (per County Assessor). Although ideal for any type of medical or other health related uses, the space also works well for any other type of professional use including accounting, law or architecture. The space currently has a large reception and waiting area, eight (8) exam rooms complete with sinks, and X-ray facility, MRI room, four (4) offices, and employee lounge and two restrooms.” 2012 Taxes: $20,923. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/16/2013; Sold Date: 07/15/2013. (Photos and broker comments courtesy of Frias Properties.)

No Photos in MLS For This Aspen Townsite Commercial Space:

MLS #130819 – Aspen, Central Core, Aspen Townsite commercial space, 100 E. Main Street, Units 2 & 3, Aspen, CO: Sold Price: $1,625,000/$1,625 sq ft; Asking Price: $1,625,000. (Original Price: $1,625,000 and 60 days on the market since 07/16/2013.) This is a 1964 built commercial space in downtown Aspen. It is the same building as immediately above but different units. No broker comments in MLS. Under Contract Date: 05/30/2013; Sold Date: 07/15/2013.

MLS #127115 – Aspen, West End, 715 West Main Condo commercial space, 715 W. Main Street, 103 & 105, Aspen, CO: Sold Price: $380,000/$395 sq ft. More details below photos.

MLS #127115 – Aspen, West End, 715 West Main Condo commercial space, 715 W. Main Street, 103 & 105, Aspen, CO: Sold Price: $380,000/$395 sq ft; Asking Price: $449,000. (Original Price: $565,000 and 1,008 days on the market since 05/10/2010.) This is a 1983 built, 962 sq ft commercial space in West Aspen. Broker comments are, “Own your own office space in Aspen. Includes a deeded parking space. Large patio space. Currently divided into two spaces – each with it’s own entrance and access to the patio. HOA dues of $821.33 per month include Electricity and Heat.” 2012 Taxes: $4,438; HOA Dues: $9,855. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/09/2013; Sold Date: 07/15/2013. (Photos and broker comments courtesy of Setterfield & Bright.)

MLS #128837 – Snowmass Village, Snowmass Villas condo, 4000 Brush Creek Road, 17, Snowmass Village, CO: Sold Price: $783,000/$733 sq ft furnished. More details below photos.

MLS #128837 – Snowmass Village, Snowmass Villas condo, 4000 Brush Creek Road, 17, Snowmass Village, CO: Sold Price: $783,000/$733 sq ft furnished; Asking Price: $795,000. (Original Price: $1,295,000 and 897 days on the market since 08/30/2006.) This is a 1968 built/2006 remodeled, 3 bedroom/3 bath, 1,068 sq ft condo. Beautifully remodeled, quite a buy. Broker comments are, “Beautiful, bright and clean Snowmass Villa townhome which was recently remodeled to include upgraded kitchen and baths. Views of the Snowmass golf course and right next to the seasonal pool, this townhome has the right mix of convenience and privacy. Three levels with bathrooms on every level and all open to the main level. Enough room to entertain and enjoy for you and your guests.” 2012 Taxes: $2,218; HOA Dues: $662 Mo. Town of Snowmass Village Transfer Tax of 1.0% payable by buyer. Under Contract Date: 06/08/2013; Sold Date: 07/11/2013. (Photos and broker comments courtesy of Joshua & Co.)

MLS #128612 – Snowmass Village, Terrace House condo, 65 Campground Lane, 64, Snowmass Village, CO: Sold Price: $618,000/$680 sq ft furnished. More details below photos.

MLS #128612 – Snowmass Village, Terrace House condo, 65 Campground Lane, 64, Snowmass Village, CO: Sold Price: $618,000/$680 sq ft furnished; Asking Price: $637,000. (Original Price: $725,000 and 328 days on the market since 02/27/2012.) This is a 1972 built/2008 remodeled, 2 bedroom/2 bath, 908 sq ft condo. Broker comments are, “This extraordinary condominium in the heart of Snowmass Village was completely renovated in 2008. New kitchen, bathrooms, flooring, appliances, & custom decorator furniture throughout this beautiful turn-key, two bedroom, two bath property just feet from the ski slope. The desirable top floor location with great views up & down valley make this an inviting second home & a highly sought after rental property due to its top rating within the Terrace House complex. The Terrace House is located just below the excellent restaurants & shops of the Snowmass Village Mall & just above the Artisan Restaurant & new Base Village & Treehouse Ski School. Take pleasure in the year round lifestyle with all the cultural amenities of the Aspen area & the sporting adventures all right out your door.” 2012 Taxes: $2,073; HOA Dues: $9,104 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 05/18/2013; Sold Date: 07/16/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #128614 – Snowmass Village, Bank Owned, Meadow Ranch duplex, 121 Meadow Ranch, E2a, Snowmass Village, CO: Sold Price: $537,500/$331 sq ft. More details below photos.

MLS #128614 – Snowmass Village, Bank Owned, Meadow Ranch duplex, 121 Meadow Ranch, E2a, Snowmass Village, CO: Sold Price: $537,500/$331 sq ft; Asking Price: $569,900. (Original Price: $631,250 and 157 days on the market since 02/06/2013.) This is a 1977 built, 3 bedroom/2 bath, 1,623 sq ft duplex. This was a steal. Broker comments are, “Meadow Ranch attached single-family home. This property has 3-bedrooms, 2.5 bathrooms on two levels as well as two outdoor deck areas and an enclosed, South facing, sun room. Property sold as-is.” 2012 Taxes: $2,661; HOA Dues: $1,425 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 06/05/2013; Sold Date: 07/12/2013. (Photos and broker comments courtesy of Merrit Group.)

MLS 129195 – Snowmass Village, Bank Owned, Horse Ranch single family lot, 47 Mustang Circle, Lot 90, Snowmass Village, CO: Sold Price: $770,000. More details below photos.

MLS 129195 – Snowmass Village, Bank Owned, Horse Ranch single family lot, 47 Mustang Circle, Lot 90, Snowmass Village, CO: Sold Price: $770,000; Asking Price: $839,000. (Original Price: $1,475,000 and 453 days on the market since 12/07/2010.) This is a 0.32 acre single family lot in the Horse Ranch subdivision. Broker comments are, “Easy, flat lot in Horse Ranch, backs up to open space with sunny south facing views. Easy to build, all utilities in the road. Great neighborhood for family or 2nd homeowners. Allowed 3,000 heated sq ft + garage + decks. See Town of Snowmass Rules for purchasing more square feet, if needed.” 2012 Taxes: $16,701; HOA Dues: $190 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 06/06/2013; Sold Date: 07/12/2013. (Photos and broker comments courtesy of B.J. Adams & Co.)

MLS #129403 – Snowmass Village, Bank Owned, Lichenhearth condo, 150 Carriage Way #3, Snowmass Village, CO: Sold Price: $219,000/$338 sq ft furnished. More details below.

MLS #129403 – Snowmass Village, Bank Owned, Lichenhearth condo, 150 Carriage Way #3, Snowmass Village, CO: Sold Price: $219,000/$338 sq ft furnished; Asking Price: $298,000. (Original Price: $450,000 and 451 days on the market since 01/03/2012.) This is a 1968 built/2000 remodeled, 1 bedroom/1 bath, 647 sq ft condo. Broker comments are, “Local bank owned and priced for quick sale. One bedroom with full kitchen and bath. Ski access only steps to the 6-pack lift and new Base Village. Wood-buring fireplace with Brush Creek views. Covered, assigned parking, ski storage, common laundry, year-round pool and hot-tub.” 2012 Taxes: $1,209; HOA Dues: $1,951 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 06/04/2013; Sold Date: 07/18/2013. (Photos and broker comments courtesy of Aspen Real Estate.)

MLS #129402 – Snowmass Village, Bank Owned, Lichenhearth condo, 150 Carriage Way #18, Snowmass Village, CO: Sold Price: $315,000/$476 sq. More details below photos.

MLS #129402 – Snowmass Village, Bank Owned, Lichenhearth condo, 150 Carriage Way #18, Snowmass Village, CO: Sold Price: $315,000/$476 sq ft; Asking Price: $349,000. (Original Price: $456,000 and 453 days on the market since 03/15/2012.) This is a 1968 bilt/2003 remodeled, 1 bedroom/1 bath, 661 sq ft condo. Broker comments are, “Local bank owned and priced for quick sale. Large 1 bedroom unit with full kitchen and bath. Ski access only steps to the 6-pack lift and new Base Village. Wood-buring fireplace with Brush Creek views. Covered, assigned parking, ski storage, common laundry, year-round pool and hot-tub.” 2012 Taxes: $1,491; HOA Dues: $1,951 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 06/04/2013; Sold Date: 07/18/2013. (Photos and broker comments courtesy of Aspen Real Estate 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 970.920.7387 or Email him. The Estin Report is copyrighted 2013 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

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