Scroll down page for photos and details of sold and under contract (pending) Aspen properties in the past 4 weeks. For earlier dates, use the down arrow to the blog archives and search by date. Or use SearchEstinAspen to search by topic, address, date etc. If it’s about Aspen real estate, it should be here.

The Estin Report: October 2012 Market Snapshot Aspen Snowmass Real Estate

released Nov. 7, 2012 v4.2

Click image for Oct. 2012 snapshot summary and pdf

The Estin Report: Q3 2012 State of the Aspen Real Estate Market released Monday 10/22/12.

Click image for full report

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 most closed properties (with excellent photography) are posted to preserve an archive of sold market activity. For sales in the past month, scroll down page, and for earlier dates use the down arrow and search by time period or use SearchEstinAspen.

Under Contract / Pending (8): MLS #: 125525, 126604/126605, 126506, 126142, 126814, 127129, 124144, 123857. This link is valid for 30 days until 12/25/2012. Photos and descriptions of under contracts are not posted unless special circumstances or significance dictate.

Closed (6): MLS #: 126646, 125146, 105423, 122422, 110178, 123831. This link is valid for 30 days until 12/25/2012.

Aspen Snowmass Solds Last Week:

MLS #126646 – Aspen, Central Core, Independence Square condo, 404 S. Galena Street, #211, Aspen, CO: Sold Price: $308,000/$1,026 sq ft furnished. More details below photos.

MLS #126646 – Aspen, Central Core, Independence Square condo, 404 S. Galena Street, #211, Aspen, CO: Sold Price: $308,000/$1,026 sq ft furnished; Asking Price: $320,000. (Original Price: $320,000 and 116 days on the market since 07/27/2012.) This is an 1889 built/2012 remodeled, 300 sq ft studio with 1 bath. Broker comments are, “Light and bright corner unit, completely refurbished in what is known as Aspen’s best Bed & Breakfast Inn. Get 100% ownership of this unit for the cost of a Fractional and come and go as you please! Can be a pet friendly rental to maximize income when you’re not in residence. Easy to show, owner is keeping it out of the rental pool for marketing purposes. On-site front desk, high ceilings, and rooftop deck with jacuzzi are just a few of the amenities.” 2011 Taxes: $686; HOA Dues: $3,510 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/26/2012; Sold Date: 11/19/2012. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #125146 – Aspen, West End, Little Victoria condo, 634 W. Main Street, Unit #, Aspen, CO: Sold Price: $485,000/$692 sq ft. More details below photos.

MLS #125146 – Aspen, West End, Little Victoria condo, 634 W. Main Street, Unit #, Aspen, CO: Sold Price: $485,000/$692 sq ft; Asking Price: $515,000. (Original Price: $595,000 and 206 days on the market since 04/23/2012.) This is a 1966 built/2010 remodeled, 1 bedroom/1 bath/1 3/4 bath, 700 sq ft condo. Broker comments are, ” Sunny charmer with great views of Shadow Mt. and Hunter Creek. Upstairs bedroom with office or overflow bedroom. W/D, large storage area, private patio, Unfurnished.” 2011 Taxes: $1,700; HOA Dues: $75 Mo. City of Aspen RETT Transfer Tax of 1.5% payable by buyer. Under Contract Date: 11/03/2012; Sold Date: 11/15/2012. (Photos and broker comments courtesy of Frias Properties of Aspen.)

MLS #105423 – Aspen, Central Core, Lacet single family lot, 410 Lacet Lane, Aspen, CO: Sold Price: $2,400,000. More details below photos.

MLS #105423 – Aspen, Central Core, Lacet single family lot, 410 Lacet Lane, Aspen, CO: Sold Price: $2,400,000; Asking Price: $2,695,000. (Original Price: $2,995,000 and 2,677 days on the market since 06/01/2006.) This is a 0.22 acre single family lot located east of downtown within walking distance to all amenities of Aspen. No broker comments. 2011 Taxes; $23,234. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 10/10/2012; Sold Date: 11/18/2012. (Photos courtesy of Aspen Sales & Rentals.)

MLS #122422 – Snowmass Village, Melton Ranch single family home, 3921 Brush Creek Road, Snowmass Village, CO: Sold Price: $915,000/$293 sq ft furnished. More details below photos.

MLS #122422 – Snowmass Village, Melton Ranch single family home, 3921 Brush Creek Road, Snowmass Village, CO: Sold Price: $915,000/$293 sq ft furnished; Asking Price: $999,000. (Original Price: $1,995,000 and 1,615 days on the market since 01/31/2008.) This is a 1979 built, 3 bedroom/3 bath/1 half bath, 2,587 sq ft single family home with 2 car garage on 0.62 acres. Broker comments are, ” Expansive views of Snowmass Ski area, and backs up to open space. Light & bright, sky lights, vaulted ceilings, kitchen with double ovens & gas stove. (2) dens – one for adults & one for the kids. Private deck off of master bedroom. Free town shuttle just steps away. Enjoy the hot tub & fire pit on back patio. 30 year owner. Great family & rental history. Exceptionally maintained! Sold furnished-please check associated docs for inclusions.” 2011 Taxes: $3,246; HOA Dues: $100 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 10/08/2012; Sold Date: 11/19/2012. (Photos and broker comments courtesy of McKinley Sales.)

MLS #110178 – Snowmass Village, Melton Ranch single family home, 20 Martingale Lane, Snowmass Village, CO: Sold Price: $755,000/$351 sq ft unfurnished. More details below photos.

MLS #110178 – Snowmass Village, Melton Ranch single family home, 20 Martingale Lane, Snowmass Village, CO: Sold Price: $755,000/$351 sq ft unfurnished; Asking Price: $795,000. (Original Price: $2,119,000 and 1,343 days on the market since 03/25/2009.) This is a 1968 built/2004 remodeled, 3 bedroom/2 bath/1 half bath, 2,146 sq ft single family home with 2 car garage on 0.54 acres. Broker comments are, “This home is located at the end of a Cul De Sac and has tremendous views of Snowmass ski area. Newer garage and one bedroom apartment built in 2004. Sale price includes set of house plans for a 3,000 sq. ft. home designed by GRW Architects. Great opportunity to be in the Aspen School District.” 2011 Taxes: $3,625; HOA Dues: $100 Yr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 10/15/2012; Sold Date: 11/19/2012. (Photos and broker comments courtesy of Aspen Real Estate Co.)

MLS #123831 – Snowmass Village, Snowmass Mountain condo, 55 Upper Woodbridge Road, J-2, Snowmass Village, CO: Sold Price: $233,000/$268 sq ft furnished. More details below photos.

MLS #123831 – Snowmass Village, Snowmass Mountain condo, 55 Upper Woodbridge Road, J-2, Snowmass Village, CO: Sold Price: $233,000/$268 sq ft furnished; Asking Price: $295,000. (Original Price: $300,000 and 324 days on the market since 01/04/2012.) This is a 1973 built/1988 remodeled, 1 bedroom/1 bath, 868 sq ft condo. Broker comments are, “Come and enjoy the $6 million dollar renovation. Ask Listing Broker about few finishing touches to be made in the spring. No expense to Buyer. This super opportunity for an entry level Buyer to invest into the Free Market has returned. Bring your Buyer and discover the comfort this property provides. Live in as is, or give it a little love. Great value for a large one bedroom. A current Pre-sale Inspection has been performed, and is available for potential Buyer’s review. Special Assessment has been paid in full.” 2011 Taxes: $746; HOA Dues: $1,600 Qtr. Town of Snowmass Village Transfer Tax of approx. 1.0% payable by buyer. Under Contract Date: 08/24/2012; Sold Date: 11/20/2012. (Photos and broker comments courtesy of Jody Mack.)

Tim Estin welcomes your business, inquiries and comments. Email: [email protected] or call 970.920.7387. Subscribe to The Estin Report and Tim Estin’s AspenRealEstateBlog.com on twitter @EstinAspen by clicking “Join the conversation” button below or click one of the different subscription options in banner at the top of page:

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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 2012 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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