Last week’s sales activity is published below. March 2013 Snapshot sales figures and Q1 2013 report will be released in early April. 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: March 2013 Market Snapshot Aspen Snowmass Real Estate

released Tues.04/09/13 v2

Click image for March 2013 Market Snapshot Charts and Summary in Current Reports

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..

Market Comments The Q1 2013 State of the Aspen Market Report is in process to be published this week.

Under Contract / Pending (9) MLS #: 128999, 127381, 126396, 119362, 128020, 128098, 127570, 127937, 114135. Photos and descriptions of under contracts are not posted unless special circumstances or significance dictate. This link is valid for 30 days until 05/14/2013.

Closed (11) MLS #: 127068, 121408, 124431, 128381, 128231, 126142, 127934, 128853, 114066, 121563, 122035. This link is valid for 30 days until 05/14/2013.

Aspen Snowmass Solds Last Week

MLS #121408 – Aspen, Red Mountain, Pitkin Green single family home, 218 Willoughby Way, Aspen, CO: Sold Price: $5,180,000/$2,322 sq ft furnished. More details below photos.

MLS #121408 – Aspen, Red Mountain, Pitkin Green single family home, 218 Willoughby Way, Aspen, CO: Sold Price: $5,180,000/$2,322 sq ft furnished; Asking Price: $5,995,000. (Original Price: $6,995,000 and 666 days on the market since 06/13/2011.) Total mountain charm on one of Aspen’s most prestigous streets, Willoughby Way, this is a 1993 built/2006 remodeled, 3 bedroom/3 bath/1 half bath, 2,230 sq ft cabin-like home on 0.26 acres. Broker comments are, “The unobstructed view of Aspen Mountain and the picture perfect view of the Roaring Fork River provide an idyllic mountain setting for this timeless & charming two level log home with no sub-grade rooms. Features include 3 cozy bedroom suites, 3.5 baths, 2230 square feet, well-appointed kitchen, warm & inviting living room with stone fireplace, hardwood floors, vaulted ceilings, private deck with sunken hot tub, manicured grounds, and all day sunshine. Walk to downtown Aspen via the adjacent Rio Grande Trail. Truly one of a kind. 2012 Taxes: $13,328. Under Contract Date: 12/07/2012; Sold Date: 04/09/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #127934 – Aspen, Central Core duplex, 1016 E. Hyman Avenue Unit 2, Aspen, CO: Sold Price: $3,344,500/$1,378 sq ft unfurnished. More details below photos.

MLS #127934 – Aspen, Central Core duplex, 1016 E. Hyman Avenue Unit 2, Aspen, CO: Sold Price: $3,344,500/$1,378 sq ft unfurnished; Asking Price: $3,675,000. (Original Price: $3,675,000 and 132 days on the market since 12/07/2012.) This is a 1970 built/2012 remodeled, 4 bedroom/4 bath/1 half bath, 2,426 sq ft duplex with 2 car garage. Broker comments are, ” Ideal in-town location within walking distance to everything Aspen has to offer! This luxury four bedroom and four and one-half bath, half duplex has been refurbished with the highest quality finishes in 2012. The open living, dining and kitchen make entertaining seamless. The gourmet kitchen with will delight any chef with sandstone counters, top of the line appliances and American cherry hardwood floors. Meditate in the Japanese rock garden, or soak in the views of Aspen Mountain from your rooftop hot tub. The guest suite bathroom was masterfully completed with slate brick. Freshly painted inside and out, this exterior has all new roof, walkway in front of house, front deck, landscaping with sprinklers, garage door and garage door opener.” 2012 Taxes: $6,797. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/07/2013; Sold Date: 04/11/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #122035 – Aspen, East Aspen, Riverside condo, 1395 Riverside Drive, Aspen, CO: Sold Price: $3,586,000/$866 sq ft furnished. More details below photos.

MLS #122035 – Aspen, East Aspen, Riverside condo, 1395 Riverside Drive, Aspen, CO: Sold Price: $3,586,000/$866 sq ft furnished; Asking Price: $3,950,000. (Original Price: $5,995,000 and 1,536 days on the market since 06/19/2008.) This is a 1999 built, 4 bedroom/4 bath/1 half bath, 4,139 sq ft condo with 2 car garage. Broker comments are, ” Elegance and comfort mesh to present lovely spaces for entertaining and relaxed Aspen living. This beautiful residence has been meticulously maintained and tastefully furnished. The main living area is open, bright, and spacious. The family room and bedroom areas have a ”serene feel” to where you may retreat. You are but a 5-10 minute walk to the central core of Aspen’s activities, restaurants, and shops. Interestingly, however, you are in a close-in neighborhood away from the tourist flurry. A wonderful floor plan allows for 2 level living that expands for family and friends to encompass a third level. Lovely landscaping presents an attractive exterior. Central Vacuum is one of the many features of this home.” 2012 Taxes: $11,459; HOA Dues: $4,800 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/01/2013; Sold Date: 04/04/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

No photos in MLS for this Chateau Snow #201 condo:

MLS #128381 – Aspen, Central Core, Chateau Snow condo, 926 E. Waters Avenue 201, Aspen, CO: Sold Price: $1,350,000/$1,909 sq ft unfurnished; Asking Price: $1,599,000. (Original Price: $1,599,000 and 84 days on the market since 01/21/2013.) This is a 1969 built, 2 bedroom/2 bath, 1,238 sq ft condo. Broker comments are, “Second floor quiet condo with two bedrooms and two bathroom. Facing south views of Aspen Mountain. One off street parking, washer, dryer. This complex includes sauna, ski storage, bike racks. Located in quiet neighborhood with a short walk to Aspen amenities.” 2012 Taxes: $2,258; HOA Dues: TBD. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/22/2013; Sold Date: 04/09/2013. (Broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #126142 – Aspen, West End, Herron condo, 333 W. Main Street, 1-B, Aspen, CO: Sold Price: $369,000/$650 sq ft unfurnished. More details below photos.

MLS #126142 – Aspen, West End, Herron condo, 333 W. Main Street, 1-B, Aspen, CO: Sold Price: $369,000/$650 sq ft unfurnished; Asking Price: $369,000. (Original Price: $785,000 and 616 days on the market since 06/16/2009.) This is an 1890 built, 1 bedroom/1 bath, 567 sq ft condo. Broker comments are, ‘Charming ground floor one bedroom in the historic Herron Victorian Mansion. West facing with plenty of light and high ceilings. Convenient location and a short walk to the Music Tent and the center of town. Assigned parking space. HOA dues include heat. Pets allowed for owners with HOA approval.” 2012 Taxes: $1,283; HOA Dues: $1,385 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 11/20/2012; Sold Date: 04/10/2013. (Photos and broker comments courtesy of Setterfield & Bright.)

MLS #127068 – Aspen, Smuggler area, Smuggler Mobile Home Park, 317 Oak Lane, Aspen, CO: Sold Price: $1,100,000/$423 sq ft unfurnished. More details below photos.

MLS #127068 – Aspen, Smuggler, Smuggler Park, 317 Oak Lane, Aspen, CO: Sold Price: $1,100,000/$423 sq ft unfurnished; Asking Price: $1,250,000. (Original Price: $1,385,000 and 718 days on the market since 01/26/2011.) This is a 2000 built/2009 remodeled, 4 bedroom/3 bath/1 half bath, 2,598 sq ft single family home on mobile home size pad with 1 car garage on 0.08 acres. Broker comments are, “Central Core Aspen location with views to match! Ranch style home, two levels, built in 2000, frame/stucco exterior, four bedrooms and three and one half bathrooms, recreation room with a separate private entry, wet bar, open den/office, two laundry rooms, large master bedroom and bath suite with plumbing for a steam shower, Jacuzzi tub, double sink, vaulted ceiling with sky light. Light stained concrete floors with radiant floor heating throughout the home, wood stove, walk-out deck to the south/sun and Aspen views. HOA includes internet. Aspen School District. Welcome Retires.” 2012 Taxes: $2,671; HOA Dues: $150 Mo; City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/19/2013; Sold Date: 04/08/2013. (Photos and broker comments courtesy of Aspen Real Estate Co.)

MLS #121563 – Aspen, West Aspen, Stage Road PUD single family lot, Lot 2, Double Bar X Ranch, Aspen, CO: Sold Price: $3,250,000. More details below photos.

MLS #121563 – Aspen, West Aspen, Stage Road PUD single family lot, Lot 2, Double Bar X Ranch, Aspen, CO: Sold Price: $3,250,000; Asking Price; $3,980,000. (Original Price: $3,980,000 and 670 days on the market since 06//18/2011.) This is a 2.15 acre single family lot in the Stage Road subdivision. Broker comments are, ” Nestled privately between two knolls, a beautiful, level building site overlooking Maroon Creek. Generous approvals entitled until 2030 allow 11,000 FAR including guest house*. Aspen Highlands is front and center; gorgeous views down the 2nd and 3rd fairways of the MCC golf course, as well. Add the Continental Divide, Ajax and Buttermilk, and you can see why this parcel is special. Zip into town on adjacent bike path in less than 10 minutes. Enjoy Ranch’s 17-acre nature preserve along Maroon Creek, fish in the Roaring Fork, hike/ride the miles of private trails, walk or cart to the Maroon Creek Club. FAR (Floor Area Ratio) is comprised of 7500sf plus 1000sf ADU (Accessory Dwelling Unit) plus up to 2500sf additional with TDR (Transferrable Development Right) or $240K cash payment in lieu of.” 2012 Taxes: $0.96; HOA Dues: $1,551 Mo. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/24/2013; Sold Date: 04/10/2013. (Photos and broker comments courtesy of B.J. Adams & Co.)

MLS #128853 – Snowmass Village, Viceroy condo, 130 Wood Road 432, Snowmass Village, CO: Sold Price: $1,140,000/$1,115 sq ft furnished. More details below photos.

MLS #128853 – Snowmass Village, Viceroy condo, 130 Wood Road 432, Snowmass Village, CO: Sold Price: $1,140,000/$1,115 sq ft furnished; Asking Price: $1,199,000. (Original Price: $1,199,000 and 114 days on the market since 02/28/2013.) This is a 2010 built, 2 bedroom/2 bath, 1,022 sq ft condo. Broker comments are, “New Condominium units now available at the world-acclaimed Viceroy. Ski in-Ski-out in Snowmass’ Base Village, there is nothing else like in the Aspen/Snowmass market for wholly-owned condominiums. One of the most sought after floor-plans in the building. This 2 bedroom residence has an amazing view of the ski runs and faces the distant mountain valleys. Located Slopeside, on the ski valet level at the Viceroy. Leed Gold Certified Property. One time Base Village Metro Fee paid by Buyer of $5,150.” 2012 Taxes: $3,279; HOA Dues: $25,132 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 02/28/2013; Sold Date: 04/05/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #128231 – Snowmass Village, Snowmass Villas condo, 4000 Brush Creek Road 27, Snowmass Village, CO: Sold Price: $750,000/$547 sq ft unfurnished. More details below photos.

MLS #128231 – Snowmass Village, Snowmass Villas condo (aka “Blue Roofs”), 4000 Brush Creek Road 27, Snowmass Village, CO: Sold Price: $750,000/$547 sq ft unfurnished; Asking Price: $795,000. (Original Price: $795,000 and 98 days on the market since 01/04/2013.) This is a 1968 built/2005 remodeled, 3 bedroom/3 bath, 1,370 sq ft condo. Broker comments are, “One of the best 3 bedroom townhouse in Snowmass. Great contemporary remodel with hardwood floors. Two hot water heaters, so you never run out of hot water. Complex has pool and steps from bus shuttle Base Village. Priced to sell.” 2012 Taxes: $2,177; HOA Dues: $663 Mo. Town of Snowmass Village Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/14/2013; Sold Date: 04/05/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #114066 – Snowmass Village, Ridge Run duplex, 47 North Ridge Lane, Unit B, Snowmass Village, CO: Sold Price: $875,000/$495 sq ft furnished. More details below photos.

MLS #114066 – Snowmass Village, Ridge Run duplex, 47 North Ridge Lane, Unit B, Snowmass Village, CO: Sold Price: $875,000/$495 sq ft furnished; Asking Price: $925,000. (Original Price: $1,050,000 and 1,215 days on the market since 08/24/2010.) This is a 1975 built, 3 bedroom/2 bath, 1,765 sq ft duplex on 0.9 acres. Broker comments are, “Nestled in an aspen grove, this home lives like a tree-house, with rooftop decks that afford dramatic views toward Wildcat Ridge and east toward Aspen. 18 foot soaring ceilings in the great room allow for the scale and natural light reserved for multi-million dollar homes. With 3 bedrooms, office area on landing and the master suite on its own private level, rarely can you find serenity and space at such a price as this’. This is the best home value in Snowmass Village today. Directly across from the Fox Run subdivision and access to the Snowmass Village walk/bike path.” 2012 Taxes: $3,244; HOA Dues: $90 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 02/27/2013; Sold Date: 04/08/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #124431 – Snowmass Village, Lichenhearth condo, 150 Carriage Way 30, Snowmass Village, CO: Sold Price: $300,000/$455 sq ft furnished. More details below photos.

MLS #124431 – Snowmass Village, Lichenhearth condo, 150 Carriage Way 30, Snowmass Village, CO: Sold Price: $300,000/$455 sq ft furnished; Asking Price: $339,999. (Original Price: $399,000 and 399 days on the market since 02/24/2012.) This is a 1968 built, 659 sq ft studio with 1 bath. Broker comments are, “Spacious ground floor, end unit studio, facing the slopes, fantastic ski in/ski out access, just steps from gondola and Base Village… Walk out to pool/hot tub, great view of slopes. Includes covered private parking, excellent rental property.” 2012 Taxes: $848; HOA Dues: $1,683. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 02/27/2013; Sold Date: 03/29/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

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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: “The Estin Report: State of the Aspen Real Estate Market, By Tim Estin, mba, gri, broker.”

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