NOT LISTED FOR SALE

Estimated Value: $2,580,114 - $4,100,000

2 Beds
2 Baths
880 Sq Ft
$588/mo HOA Fee

Last Sold August 02, 2024

Last sale price $2,999,000 $3,408 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $18,915/month

47 Days on Market

Highlights

  • Contemporary Architecture
  • Furnished
  • Baseboard Heating
  • Aspen Middle School Rated A-
  • Resident Manager or Management On Site
  • 3-minute walk to Wagner Park

About This Home

As of August 2024

Everything Aspen, just outside your door. This recently renovated ground-floor, two bedroom, two bath unit in the heart of Aspen is conveniently located between Koch Park and Lift 1A and just a few blocks from shops, restaurants, and the Ajax Gondola. The Timber Ridge complex is also located in the lodging zone which allows unlimited opportunities for short-term rental licenses. The interior of the unit boasts new flooring, fresh paint throughout, and significant updates to the kitchen and bathrooms. It also includes a wood burning fireplace, washer/dryer, and off-street parking.

Timber Ridge has recently undergone a full exterior remodel, featuring new landscaping, BBQ facilities, and a refreshed exterior that has updated the complex with a modern aesthetic. Whether you seek relaxation or adventure, this charming residence offers the perfect blend of comfort and convenience. Realize this unique opportunity for ownership immediately adjacent to the planned new Lift One chair lift and base area, poised to offer premium access to Aspen Mountain as part of the most significant infrastructure upgrade to Aspen in decades.

Last Listed By

Layne Shea

Douglas Elliman Real Estate-Hyman Ave Brokerage Phone: (970) 925-8810 License #FA.100004067 Listed on: 03/30/2024

Douglas Elliman Real Estate-Hyman Ave

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,174

Year Built

  • Built in 1965

Lot Details

  • Property is in excellent condition

HOA Fees

  • $588 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Stone Siding

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Laundry in Hall

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Carport
  • Common or Shared Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 273513115003

Community Details

Overview

  • Association fees include management, sewer, water, trash, snow removal, ground maintenance, cable TV, internet
  • Timber Ridge Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,174

Year Built

Built in 1965

Lot Details

0

HOA Fees

$588 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Timber Ridge
  • Directions: On the corner of Durant & Garmisch, east of Koch Park
  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1965
  • Tax Parcel Letter: R000207
  • Attribution Contact: (970) 925-8810
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: RES- Lodging
  • General Info:Main Floor Master: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 1.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 4174.0
  • Financing Info:Tax Year2: 2023
  • Sanitation:Sewer: Yes
  • Exterior:Stone Siding: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • HOA Fees Includes:Management: Yes
  • Miscellaneous:Under Construction3: No
  • Electric:Yes: Public
  • Cooling:None: Yes
  • HOA Fees Includes:Cable TV2: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • HOA Fees Includes:Water: Yes
  • HOA Fees Includes:Internet: Yes
  • Laundry Facility:In Hall: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 7056.08
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 880.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Disclosures: 1031 Exchange
  • Construction Type: Stone Veneer
  • Property Condition: Excellent

Garage/Parking

  • Attached Garage: No
  • Parking Features: Common
  • Parking Area:Common2: Yes

Utilities

  • Laundry Features: In Hall
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Natural Gas, Baseboard
  • Heating Yn: Yes
  • Electric: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner
  • Association Fee: 1764.02
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 1764.02
  • Financing Info:Association Fee Frequency2: Quarterly
  • HOA Amenities:Pets AllowedOwner: Yes

Fee Information

  • Association Fee Includes: Management, Sewer, Water, Trash, Snow Removal, Maintenance Grounds, Cable TV, Internet

Lot Info

  • Parcel #: 273513115003
  • Zoning: RES- Lodging

Tax Info

  • Tax Annual Amount: 4174.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2024
Closed on
Aug 2, 2024
Sold by
Breckenridge Cabell Joseph and Chantarit Cabell Yana
Bought by
Lobel Gordon Bronson and Kirch Madeline Ann
Seller's Agent
Layne Shea
Douglas Elliman Real Estate-Hyman Ave
Buyer's Agent
Jesse Hoffman
Jesse Hoffman
List Price
$2,999,000
Sold Price
$2,999,000
Total Days on Market
47
Views
27
Current Estimated Value
$3,221,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,529
Avg. Annual Appreciation
-0.90%
Original Mortgage
$1,943,500
Outstanding Balance
$1,935,234
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$1,043,254

Purchase Details

Closed on
Mar 21, 2024
Sold by
Joseph Cabell Trust and Breckenridge Cabell Joseph
Bought by
Breckenridge Cabell Joseph and Chantarit Cabell Yana

Purchase Details

Closed on
May 3, 2013
Sold by
Cabell Joe
Bought by
Joseph Cabell Trust

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lobel Gordon Bronson $2,999,000 Title Company Of The Rockies
Breckenridge Cabell Joseph -- None Listed On Document
Joseph Cabell Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lobel Gordon Bronson $1,943,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold $2,999,000 0.0% $3,408 / Sq Ft
03/30/2024 03/30/24 For Sale $2,999,000 -- $3,408 / Sq Ft
Source: Aspen Glenwood MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,559 $138,670 $0 $138,670
2023 $4,559 $142,720 $0 $142,720
2022 $2,527 $68,940 $0 $68,940
2021 $2,516 $70,920 $0 $70,920
2020 $2,531 $70,840 $0 $70,840
2019 $2,531 $70,840 $0 $70,840
2018 $2,049 $71,340 $0 $71,340
2017 $1,808 $56,830 $0 $56,830
2016 $1,924 $59,240 $0 $59,240
2015 $1,899 $59,240 $0 $59,240
2014 $1,590 $47,410 $0 $47,410
Source: Public Records

Agents Affiliated with this Home

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Source: Aspen Glenwood MLS

MLS Number: 183075

Aspen Glenwood MLS

APN: R000207