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: August 2012 Market Snapshot Aspen Snowmass Real Estate (link to exec. summary , full charts and tables. rev. v6 posted Sept. 4, 12. See Pg 2 for Summer 2012 versus Summer 2011 comparison).

Excerpt: Summer 2012 compared to summer 2011:

Posted Sept. 4, 12. The Estin Report © August 2012 www.EstinAspen.com

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 . Because the MLS links below expire after 30 days, photos and written descriptions of closed properties with excellent photography are posted here to preserve an archive of sold market activity. For sales in the past month, scroll down; for earlier dates, use the down arrow and search by time period.

Under Contract / Pending (11): MLS #: 124604, 124605, 124606, 119142, 114208, 123356, 126848, 123885, 126496, 117248, 122017. This link is valid for 30 days until 10/16/2012. Photos and descriptions of under contracts are not posted unless special circumstances or significance dictate.

Closed (8): MLS # : 122944, 126131, 125771, 124217, 125091, 126365, 121415, 120080. This link is valid for 30 days until 10/16/2012.

Aspen Snowmass Solds Last Week:

MLS #122944 – Aspen, West End single family home, 215 W. Francis Street, Aspen, CO: Sold Price: $6,216,000/$1,308 sq ft furnished. More details below photos.

MLS #122944 – Aspen, Historic West End single family home, 215 W. Francis Street, Aspen, CO: Sold Price: $6,216,000/$1,308 sq ft furnished; Asking Price: $6,995,000. (Original Price: $7,195,000 and 347 days on the market since 10/05/2011.) This is a 2002 built, 4 bedroom/4 bath/1 half bath, 4,751 sq ft single family home with 2 car garage on 0.01 acres. Broker comments are, “Contemporary Style West End Home only a few blocks from center of town. High ceilings and large windows bring the outdoors in. Views of Aspen Mountain, a landscaped yard, stone patio with hot tub, and a second floor deck off of the master bedroom. Exotic woods, open floorplan, designer furnishings, and a chef’s kitchen are among the many features of this 4700sq. foot home. Sold Fully Furnished.” 2011 Taxes: $13,380. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/18/2012; Sold Date: 08/10/2012. (Photos and broker comments courtesy of Alpine Real Estate, Inc.)

MLS #126131 – Aspen, West Aspen, Clasen Pecjack Subdivision single family home, 20 Maroon Court, Aspen, CO: Sold Price: $4,300,000/$836 sq ft unfurnished. More details below photos.

MLS #126131 – Aspen, West Aspen, Clasen Pecjack Subdivision single family home, 20 Maroon Court, Aspen, CO: Sold Price: $4,300,000/$836 sq ft unfurnished; Asking Price: $4,950,000. (Original Price: $7,450,000 and 1,476 days on the market since 06/01/2008.) This is a 2007 built, 5 bedroom/5 bath/2 half bath, 5,139 sq ft single family home with 2 car garage on 0.35 acres. It is located between the roundabout and Buttermilk Sk Area on the south side ogf Hwy 82. Broker comments are, “For your value driven clientele with great taste, this new contemporary five bedroom home will satisfy each of their desires. Located just minutes from downtown Aspen in the Clasen-Pecjak subdivision, the modern designed home features exhilarating views of Aspen Highlands, Maroon Bells and the surrounding mountain ranges. Generous deck space off the kitchen and great room. Being offered at $2.5mm less than the original asking price. You will be hard pressed to find a greater value now being offered for $4,950,000 which is $963/sqft. Perfect for a full time resident or that out of town buyer looking for a townhome alternative.” 2011 Taxes: $8,938. Under Contract Date: 07/27/2012; Sold Date: 09/10/2012. (Photos and broker comments courtesy of Shane Aspen R.E.)

MLS #125771 – Aspen, East Aspen, Mountain Valley duplex, 103 E. Lupine Drive, Aspen, CO: Sold Price: $3,500,000/$886 sq ft unfurnished. More details below photos.

MLS #125771 – Aspen, East Aspen, Mountain Valley duplex, 103 E. Lupine Drive, Aspen, CO: Sold Price: $3,500,000/$886 sq ft unfurnished; Asking Price: $3,595,000. (Original Price: $3,595,000 and 103 days on the market since 06/01/2012.) This is a 2004 built, 4 bedroom/4 bath/2 half bath, 3,948 duplex with 2 car garage. It was priced-to-sell at the current market level and, consequently, the property generated a lot of activity. Broker comments are, “Beautiful mountain style townhome on the quiet east side of Aspen ideally located to take advantage of southern exposure and views of Aspen Mountain. The warm and inviting open 3,948 square foot floor plan offers tasteful interior finishes with granite counters, hardwood floors, and custom cabinetry, while the exterior boasts rough cut siding and stone accents. Features include two private master suites (one on the upper level and one on the main level), two additional guest suites each with their own bathroom, family/media room with wet bar, Crestron touch panel automation throughout, sauna, two car garage, large wraparound deck, and mature landscaping. Enjoy easy access to downtown Aspen without the traffic.” 2011 Taxes: $8,877; HOA Dues $200 Yr. Under Contract Date: 07/29/2012; Sold Date: 09/12/2012. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #124217 – Aspen, Central Core, Galena Place Townhomes condo, 628 S. Galena Street #4, Aspen, CO: Sold Price: $6,600,000/$1,655 sq ft unfurnished. More details below photos.

MLS #124217 – Aspen, Central Core, Galena Place Townhomes condo, 628 S. Galena Street #4, Aspen, CO: Sold Price: $6,600,000/$1,655 sq ft unfurnished; Asking Price: $6,975,000. (Original Price: $7,500,000 and 216 days on the market since 02/08/2012.) This property is all about its location which is at the base of Aspen Mountain just uphill of the Residences at the Little Nell. It is a 1990 built/2000 remodeled, 4 bedroom/4 bath/1 half bath, 3,987 sq ft condo with 4 car garage. Broker comments are, ” Location, location, location. This 3 level, 3,914 sf town home is 1 block to the Gondola and sports views of Ajax and Shadow Mountain from the living room and main, top deck. The top floor great room has high ceilings and plentiful windows, drawing the beautiful views inside. Ample granite counters, Viking and Sub-Zero appliances and a breakfast bar opens the kitchen to the dining area. An oversized, two-sided gas fireplace gently separate living from dining rooms. 3 of 4 ensuite bedrooms have marble baths. Office/TV or 4th bedroom also has a full bath. 4 underground parking spaces with storage built-ins and a private elevator complete the property perfectly.” 2011 Taxes: $11,160; HOA Dues: $4,500 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/18/2012; Sold Date: 09/04/2012. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #125091 – Aspen, Central Core, Little Nell condo, 611 S. West End Street #8, Aspen, CO: Sold Price: $1,250,000/$1,046 sq ft furnished. More details below photos.

MLS #125091 – Aspen, Central Core, Little Nell condo, 611 S. West End Street #8, Aspen, CO: Sold Price: $1,250,000/$1,046 sq ft furnished; Asking Price: $1,300,000. (Original Price: $1,300,000 and 182 days on the market since 04/18/2012.) This is a 1968 built/2012 remodeled, 3 bedroom/2 bath, 1,195 sq ft condo. It is approximately 2.5 blocks from the Gondola on the east side of Glory Hole Park. Broker comments are, “This top floor newly remodeled condominium has 3 bedrooms and 2 baths. Enjoy private views of Aspen Mountain, relaxing in your back yard – Glory Hole Park, and walking into the heart of Aspen to shop, dine or ski. With a new exterior remodel, interior top-notch finishes, vaulted ceilings, and only 2 blocks from the Gondola, this unit is the ideal home or vacation spot in Aspen. Unit is currently under construction expected completion date July 2012.” 2011 Taxes: $2,746; HOA Dues: $1,520 Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/12/2012; Sold Date: 09/07/2012. (Photos and broker comments courtesy of Frias Properties.)

MLS #126365 – Aspen, Central Core, Aspen Main Condo, 709 E. Main Street, Unit 302, Aspen, CO: Sold Price: $550,000/$1,016 sq ft partially furnished. More details below photos.

MLS #126365 – Aspen, Central Core, Aspen Main Condo, 709 E. Main Street, Unit 302, Aspen, CO: Sold Price: $550,000/$1,016 sq ft partially furnished; Asking Price: $559,000. (Original Price: $559,000 and 67 days on the market since 07/09/2012.) This is a 1977 built/2008 remodeled, 541 sq ft studio with 1 bath. Broker comments are, “Own a total of 857 sq ft in this unique studio in the central core of Aspen. The warm contemporary design blends with exposed wood beams, vaulted ceilings & a wood-burning fireplace that add character to the spacious 541 sq ft floor plan w/separate living & dining areas. Remodeled bath w/heated floors & skylight, kitchen has granite counters w/bar seating & concealed stackable washer & dryer. Install the included Murphy bed or use the 75 sq ft loft for sleeping, storage, & private access to the roof. Fabulous separate 241 sq ft storage unit w/3 built-in closets & 2 rooms can also be used as an office or commercial space. 3 parking spaces (1 off-street & 2 on street) & pets are allowed. Just 4.5 blocks to the gondola & within walking distance to everything. Views of Aspen Mountain too.” 2011 Taxes: $1,323; HOA Dues: $200 Mo. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/11/2012; Sold Date: 09/14/2012. (Photos and broker comments courtesy of Aspen Snowmass Sotheby’s.)

MLS #121415 – Aspen, Central Core, Gant condo, 610 S. West End, G101, Aspen, CO: Sold Price: $975,000/$921 sq ft furnished. More details below photos.

MLS #121415 – Aspen, Central Core, Gant condo, 610 S. West End, G101, Aspen, CO: Sold Price: $975,000/$921 sq ft furnished; Asking Price: $1,245,000. (Original Price: $1,245,000 and 463 days on the market since 06/13/2011.) This is a 1972 built/2005 remodeled, 2 bedroom/2 bath, 1,058 sq ft condo at the full amenity offering Gant Condominium complex. Broker comments are, “Great price, great rental history. Perfect location. Walk out patio. Pool right outside your door.” 2011 Taxes: $3,528; HOA Dues: $22,824 Yr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/18/2012; Sold Date: 09/14/2012. (Photos and broker comments courtesy of Joshua & Co.)

MLS #120080 – Aspen, Smuggler, Hunter Creek condo, 1335 Vine Street, Aspen, CO: Sold Price: $440,000/$652 sq ft unfurnished; More details below photos.

MLS #120080 – Aspen, Smuggler, Hunter Creek condo, 1335 Vine Street, Aspen, CO: Sold Price: $440,000/$652 sq ft unfurnished; Asking Price: $499,000. (Original Price: $590,000 and 818 days on the market since 04/08/2009.) This is a 1980 built, 1 bedroom/1 bath, 674 sq ft condo. Broker comments are, ” Very private,third floor one bedroom unit with den/office space. Unit has private balcony and views of Red Mtn and Smuggler. Features include granite counter tops, hardwood floor in living room and kitchen, Jacuzzi bath tub and electric fireplace. Unit is near tennis courts, pool, and hot tubs.” 2011 Taxes: $1,283; HOA Dues: $200 Mo. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/30/2012; Sold Date: 09/14/2012. (Photos and broker comments courtesy of Hunter Creek Properties.)

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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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