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

released Mon 05/06/13 v2

Click image for April 2013 Market Snapshot in Current Reports section.

The Estin Report: Q1 2013 State of the Aspen Snowmass Real Estate Market

released April 20, 2013 v9.4

Click image for executive summary and full report pdf 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.

Under Contract / Pending (7) MLS #: 129642, 129630, 129706, 129649, 125949, 124038, 122528. Photos and descriptions of under contracts are not posted unless special circumstances or significance dictate. This link is valid for 30 days until 06/05/2013.

Closed (16) MLS #: 120174, 127090, 127138, 129714, 119300, 128942, 128828, 128338, 126810, 116189, 127998, 124216, 129281, 129217, 129218, 128955. This link is valid for 30 days until 06/05/2013.

Aspen Snowmass Solds Last Week

MLS #127138 – Aspen, West Aspen, Aspen Highlands single family home, 65 Glen Garry Drive, Aspen, CO: Sold Price: $2,700,000/$783 sq ft unfurnished. More details below photos.

MLS #127138 – Aspen, West Aspen, Aspen Highlands single family home, 65 Glen Garry Drive, Aspen, CO: Sold Price: $2,700,000/$783 sq ft unfurnished; Asking Price: $2,995,000. (Original Price: $3,500,000 and 621 days on the market since 07/20/2011.) This is a 1974 built/1983 remodeled, 4 bedroom/3 bath/1 half bath, 3,444 sq ft single family home with 3 car garage on 0.79 acres. Broker comments are, ” Located in ”Old Highlands” on a private wooded setting, this property offers lovely mountain views, gardens, water features, and a large flat lot. The existing home with “good bones” can be redeveloped up to 5,750 square feet, and currently features 4 bedrooms (including an apartment above the 3 car garage), 3.5 baths, 3,444 square feet, wood-burning fireplace, vaulted ceilings, wine room, covered porch, and deck. Just minutes to downtown Aspen and close to the ski areas, schools, trails, recreation center and hospital.” 2012 Taxes: $6,672. Under Contract Date: 01/28/2013; Sold Date: 05/03/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

No Photos in MLS for this West End single family home:

MLS #129714: Aspen, West Aspen single family home, 316 N. Second Street, Aspen, CO: Sold Price: $5,250,000/$1,609 sq ft; Asking Price: $5,250,000. (Original Price: $5,250,000 and 146 days on the market since 05/03/2013.) This is a 1956 built, 5 bedroom/4 bath, 3,029 sq ft single family home with 1 car garage on 0.21 acres. Broker comments are, “Sold before MLS.” 2012 Taxes: $12,401. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 01/07/2013; Sold Date: 05/03/2013. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #119300 – Aspen, SHORT SALE, West Aspen, Meadowood, 129 Heather Lane, Aspen, CO: Sold Price: $2,300,000/$727 sq ft unfurnished. More details below photos.

MLS #119300 – Aspen, SHORT SALE, West Aspen, Meadowood, 129 Heather Lane, Aspen, CO: Sold Price: $2,300,000/$727 sq ft unfurnished; Asking Price: $2,450,000. (Original Price: $4,350,000 and 1,624 days on the market since 09/13/2006.) This is a 1975 built/2006 remodeled, 4 bedroom/3 bath, 3,161 sq ft single family home with 2 car garage on 0.81 acres. Broker comments are, “Price reflects previous approved short sale price. Considered by many as Aspen’s best valued entry-level priced single family home. Totally remodeled. BIG views. Large lot. Priced less than a townhome and no party-walls! Meadowood offers the rare combination of a suburban, spacious feel, yet w/in walking distance to schools, the core and all of Aspen. The spacious lot provides plenty of privacy with flower gardens, mature trees and yard which surround the home. Private amenities include tennis courts, a small lake great for fishing and swimming during the summer and Nordic trails in the 30 acres of common space during winter. Close to Aspen Schools, the Aspen Rec Center and Hospital. Pet friendly. No transfer tax.” 2012 Taxes: $13,419; HOA Dues: $412. Under Contract Deadline: 03/20/2013; Sold Date: 05/02/2013. (Photos and broker comments courtesy of B.J. Adams & Co.)

MLS #128942 – Aspen, Central Core, Aspen Alps condo, 700 Ute Avenue, 809, Aspen, CO: Sold Price: $4,300,000/$1,368 sq ft furnished. More details below photos.

MLS #128942 – Aspen, Central Core, Aspen Alps condo, 700 Ute Avenue, 809, Aspen, CO: Sold Price: $4,300,000/$1,368 sq ft furnished; Asking Price: $4,500,000. (Original Price: $4,500,000 and 63 days on the market since 03/07/2013.) This is a 1963 built/1995 remodeled, 3 bedroom/3 bath/1 half bath, 3,143 sq ft condo with 1 car garage. Broker comments are, “Front and Center. The single best ski in ski out access to Little Nell on Aspen Mtn. This 3 story, 3 bedroom stand alone unit is the closest to the gondola in the 800 Building. Cathedral ceilings in the living,dining,office & kitchen areas on the top floor. Large master suite and second master. Views and windows on 3 sides. Three outdoor decks. Owned parking space included. Note: Art is excluded.” 2012 Taxes: $7,998; HOA Dues: $1,897 Mo. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/01/2013; Sold Date: 05/03/2013. (Photos and broker comments courtesy of Frias Properties.)

MLS #128338 – Aspen, Central Core, Cottonwood condo, 124 W. Hyman Avenue, 1E, Aspen, CO: Bank REO Sale, Sold Price: $949,900/$913 sq ft. More details below photos.

MLS #128338 – Aspen, Central Core, Cottonwood condo, 124 W. Hyman Avenue, 1E, Aspen, CO: Sold Price: $949,900/$913 sq ft; Asking Price: $949,900. (Original Price: $1,025,150 and 101 days on the market since 01/15/13.) This is a 1969/2008 remodeled, 2 bedroom/2 bath, 1,040 sq ft condo. On the 2nd and 3rd week of March, there were multiple offers for this bank sale property – suddenly it was “discovered” as a scream’in deal. Broker comments are, “Rarely available 2-Bedroom, 2-Bathroom Cottonwood unit just blocks away from the center of town and easy walking distance from your favorite shops and restaurants. This property has been remodeled with high-end finishes and appliances throughout. Gas fireplace, Southern exposure and mountain view with off street parking. Sold As-Is.” 2012 Taxes: $2,608; HOA Dues: $2,314. City of Aspen RETT Transfer tax of approx. 1.5% payable by buyer. Under Contract Date: 03/28/2013; Sold Date: 04/26/2013. (Photos and broker comments courtesy of Merritt Group.)

MLS #126810 – Aspen, East Aspen, Sunrise condo, 1007 E. Hyman Avenue, Unit 4, Aspen, CO: Sold Price: $725,000/$758 sq ft unfurnished. More details below photos.

MLS #126810 – Aspen, East Aspen, Sunrise condo, 1007 E. Hyman Avenue, Unit 4, Aspen, CO: Sold Price: $725,000/$758 sq ft unfurnished; Asking Price: $775,000. (Original Price: $1,250,000 1,604 days on the market since 08/01/2007.) This is a 1977 built, 1 bedroom/1 bath, 956 sq ft condo. Broker comments are, “Asbestos Test report done: no evidence. Top 2 Floor/East end of quiet 8 unit bldg; 2 balconies w/direct Aspen Mtn views; 5 blks to Gondola; Sunny S + E exposure, extra windows, privacy, strg locker, low traffic, off-str parkg, wd burng frpl w/marble facade, newly furnished, New W/D Incl. Excellent Condition. Lse thru 04/2013.” 2012 Taxes: $2,440; HOA Dues: $1,306 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 02/20/2013; Sold Date: 05/01/2013. (Photos and broker comments courtesy of Schmidt Enterprises.)

MLS #128828 –Aspen, Smuggler, Hunter Creek condo, 1041 Vine Street, Aspen, CO: Sold Price: $460,000/$734 sq ft furnished. More details below photos.

MLS #128828 –Aspen, Smuggler, Hunter Creek condo, 1041 Vine Street, Aspen, CO: Sold Price: $460,000/$734 sq ft furnished; Asking Price: $479,000. (Original Price: $675,000 and 295 days on the market since 06/13/2012.) This is a 1980 built, 1 bedroom/1 bath, 626 sq ft condo. Broker comments are, “This thoughtfully remodeled top floor corner unit includes views of Aspen Mountain out your front door & Red Mountain from the living & bedroom.Kitchen has marble counter tops, quarter sewn oak custom cabinets with beveled glass inserts and knobs, mosaic back splash, & Heartland vintage series appliances. Custom baseboard heater covers enhance the new base & case throughout. The bathroom features a deep soaking tub/shower combination with Kohler chrome fixtures. Unit includes a Bosch washer/dryer. Hunter Creek has onsite management, maintenance, snow removal,a pool,two hot tubs & tennis courts. Downtown Aspen is a quick 10 minute walk & there is free RFTA pick up at Hunter Creek three times every hour. Rio Grande, Hunter Creek & Smuggler hiking trails.” 2012 Taxes: $1,444; HOA Dues: $200 Mo. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/04/2013; Sold Date: 04/29/2013. (Photos and broker comments courtesy of McKinley Sales.)

MLS #120174 – Aspen, Smuggler, Hunter Creek condo, 228 Vine Street, 228, Aspen, CO: Sold Price: $425,000/$714 sq ft partially furnished. More details below photos.

MLS #120174 – Aspen, Smuggler, Hunter Creek condo, 228 Vine Street, 228, Aspen, CO: Sold Price: $425,000/$714 sq ft partially furnished; Asking Price: $455,000. (Original Price: $695,000 and 1,144 days on the market since 02/06/2008.) This is a 1980 built/2005 remodeled, 1 bedroom/1 bath, 595 sq ft condo. Broker comments are, “This one-bedroom corner unit with extra window in the living area expands your view into mature wooded area. Tastefully updated kitchen with clean lines makes for easy living. Smart looking wood floors in living area and kitchen welcome you. The bedroom with an additional closet for extra storage has a built-in window seat that beckons you to sit a spell and look out into the woods. Other amenities to compliment an active lifestyle include the Hunter Creek Trail head and complex pool, hot tubs, and tennis courts – all just a hop-skip-and-a-jump away.” 2012 Taxes: $1,288; HOA Dues: $190 Mo. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/17/2013; Sold Date: 05/01/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #127090 – Old Snowmass, Gateway To Snowmass single family home, 285 Gateway Road, Snowmass, CO: Sold Price: $450,000/$214 sq ft. More details below photos.

MLS #127090 – Old Snowmass, Gateway To Snowmass single family home, 285 Gateway Road, Snowmass, CO: Sold Price: $450,000/$214 sq ft; Asking Price: $475,000. (Original Price: $475,000 and 236 days on the market since 09/05/2012.) This is a 1970 built, 5 bedroom/3 bath, 2,100 sq ft single family home on 0.63 acres. Broker comments are, “Known as the Gate House, this property works as a rental with income; possible remodel to single family or tear down and start over. Conveniently located off the Snowmass Creek Road, at the bottom of Gateway Subdivision.” 2012 Taxes: $2,317. Under Contract Date: 03/14/2013; Sold Date: 04/29/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #116189 – Snowmass Village, Wildridge single family lot, 272 Oak Ridge Road, Snowmass Village, CO: Sold Price: $575,000. More details below photos.

MLS #116189 – Snowmass Village, Wildridge single family lot, 272 Oak Ridge Road, Snowmass Village, CO: Sold Price: $575,000; Asking Price: $750,000. (Original Price: $1,500,000 and 1,092 days on the market since 05/07/2010.) This is a 1.15 acre single family lot in the Wildridge subdivision. Broker comments are, “One of the finest remaining lots in Snowmass Village with magnificent views of the Continental Divide and Snowmass ski area. Building site on lot is nice and flat.” 2012 Taxes: $8,350; HOA Dues: $90 Yr. Town of Snowmass Village Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/05/2013; Sold Date: 05/03/2013. (Photos and broker comments courtesy of Joshua & Co.)

MLS #127998 – Snowmass Village, Wood Run single family home, 500 Edgewood Lane, Snowmass Village, CO: Sold Price: $2,700,000/$731 sq ft furnished. More details below photos.

MLS #127998 – Snowmass Village, Wood Run single family home, 500 Edgewood Lane, Snowmass Village, CO: Sold Price: $2,700,000/$731 sq ft furnished; Asking Price: $3,350,000. (Original Price: $3,890,000 and 387 days on the market since 11/30/2011.) This is a 1994 built, 4 bedroom/4 bath/1 half bath, 3,693 sq ft single family home with 2 car garage on 0.59 acres. Broker comments are, “Look no further. Impeccably maintained, this Wood Run residence offers tremendous views, room for family & friends, and is right next to the Guggenheim ski trail in Snowmass. Entertain in style with commercial grade appliances, outdoor barbeque, open floor plan. From the hot tub, to the cozy master suite, the setting is perfect, and the amenities are plentiful in this four bedroom, four and one-half bath home. The Perfect Ski Home.” 2012 Taxes: $10,084; HOA Dues: $90 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/15/2013; Sold Date: 04/29/2013. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #124216 – Snowmass Village, Wood Run single family home, 401 Creek Lane, Snowmass Village, CO: Sold Price: $2,975,000/$846 sq ft unfurnished. More details below photos.

MLS #124216 – Snowmass Village, Wood Run single family home, 401 Creek Lane, Snowmass Village, CO: Sold Price: $2,975,000/$846 sq ft unfurnished; Asking Price: $3,295,000. (Original Price: $3,995,000 and 447 days on the market since 02/08/2012.) This is a 1977 built/1991 remodeled, 4 bedroom/4 bath, 3,513 sq ft single family home with 2 car garage on 0.49 acres. Broker comments are, “Continue to show. Enjoy True Snowmass. Rare offering located off of Wood Road with direct click-in/click-out ski access to Fanny Hill in the winter and a babbling creek during the summer. This home has four bedrooms, four baths, three fireplaces (two of them are wood-burning), a private office off of the Master Suite, another office/loft area and a den–plenty of room for family and guests.” 2012 Taxes: $9,929; HOA Dues: $90 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 12/11/2012; Sold Date: 04/30/2013. (Photos and broker comments courtesy of Joshua & Co.)

Snowmass Village, Viceroy Condos Sold:

MLS #129281 – Snowmass Village, Viceroy condo, 130 Wood Road, 805, Snowmass Village, CO: Sold Price: $293,500/$754 sq ft furnished; Asking Price: $309,000. (Original Price: $309,000 and 139 days on the market since 04/04/2013.) This is a 2010 built, 384 sq ft studio with one bath. 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. Leed Gold Certified Property. One time Base Village Metro Fee paid by Buyer of $5,150.” 2012 Taxes: $1,237; HOA Dues: $2,361 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 04/03/2013; Sold Date: 04/30/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #129217 – Snowmass Village, Viceroy condo, 130 Wood Road, 538, Snowmass Village, CO: Sold Price: $448,810/$786 sq ft furnished; Asking Price: $472,432. (Original Price: $472,432 and 126 days on the market since 03/28/2013.) This is a 2010 built, 1 bedroom/1 bath, 571 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. Leed Gold Certified property. One time Base Village Metro Fee paid by Buyer $5,150.” 2012 Taxes; $1,753; HOA Dues: $3,510. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/28/2013; Sold Date: 04/17/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #129218 – Snowmass Village, Viceroy condo, 130 Wood Road, 528, Snowmass Village, CO: Sold Price: $1,120,050/$998 sq ft furnished; Asking Price: $1,179,000. (Original Price: $1,179,000 and 126 days on the market since 12/12/2013.) This is a 2010 built, 2 bedroom/2 bath, 1,122 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 unobstructed view of the ski runs and faces the distant mountain valleys. Leed Gold Certified Property. One time Base Village Metro Fee paid by Buyer of $5,150.” 2012 Taxes: $3,617; HOA Dues: $6,898 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/27/2013; Sold Date: 04/17/2013. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #128955 – Snowmass Village, Viceroy condo, 130 Wood Road, 540, Snowmass Village, CO: Sold Price: $450,775/$782 sq ft furnished; Asking Price: $476,568. (Original Price: $476,568 and 125 days on the market since 03/08/2013.) This is a 2010 built, 1 bedroom/1 bath, 576 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 1 bedroom residence has an unobstructed view of the ski runs and faces the distant mountain valleys. Leed Gold Certified Property. One time Base Village Metro Fee paid by Buyer of $5,150.” 2012 Taxes; $1,768; HOA Dues: $3,541. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 03/08/2013; Sold Date: 04/16/2013. (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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