NOT LISTED FOR SALE

103 Stein Way Unit 2 Aspen, CO 81611

Estimated Value: $7,983,000 - $16,466,611

5 Beds
7 Baths
6,456 Sq Ft
$1,815/Sq Ft Est. Value

Last Sold October 05, 2017

Last sale price $4,965,000 $769 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $66,245/month

56 Days on Market

Highlights

  • Ski Accessible
  • Spa
  • Hydromassage or Jetted Bathtub
  • Aspen Middle School Rated A-
  • Clubhouse
  • 3-minute walk to Aspen Highlands

About This Home

As of October 2017

Enjoy the convenience and expansive floorpan of this highly desirable Highlands Townhome. A ski-in/ski-out to the Highlands chair, this handsome mountain home has everything the ski family is looking for in a vacation property. Enjoy views of the slopes at Highlands and big vistas of Maroon Creek Valley and Willow Peak. Lots of room for family, friends and entertaining. Soaring ceilings, spacious floor plan and gourmet kitchen. Amenities include Dial-A-Ride driving service and access to the Ritz-Carlton Elkhorn Lodge pool, fitness center, and spa.

Last Agent to Sell the Property

Steven Shane

Compass Aspen Brokerage Phone: 970-925-6063 License #ER040002675 Listed on: 06/15/2017

Compass Aspen

Last Buyer's Agent

Al Azizi

Global Real Estate Group, LLC License #ER.100017711

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $23,079

Year Built

  • Built in 2002

Lot Details

  • 4,356 Sq Ft Lot
  • Northwest Facing Home
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 6,456 Sq Ft Home
  • Elevator
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Home Security System
  • Property Views
  • Finished Basement

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Radiant Heating System
  • Baseboard Heating
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Spa
  • Mineral Rights Excluded

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 273514314002

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, sewer, insurance, snow removal, ground maintenance
  • Aspen Highlands Subdivision
  • 5-Story Property

Amenities

  • Courtesy Bus
  • Clubhouse
  • Meeting Room

Recreation

  • Ski Accessible
  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$23,079

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Inclusions: Ceiling Fan, Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Stove Top, Range, Microwave, Dishwasher
  • Subdivision Name: Aspen Highlands
  • Directions: From the round about take Maroon Creek Road. Take the 2nd left into Highlands onto Prospector. Turn right on Exhibition, turn left on Stein Way, 2nd townhome on your right.
  • Above Grade Finished Sq Ft: 6456.0
  • Architectural Style: Other
  • Master Model: No
  • New Construction: No
  • Year Built: 2002
  • Tax Parcel Letter: R018685
  • Attribution Contact: 970-925-6063
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-15C
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: Yes
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 5.0
  • Financing Info:Taxes2: 23078.6
  • Financing Info:Tax Year2: 2016
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • HOA Fees Includes:Management: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • General Info:LvHtSqFt (Abv Grnd): 6456.0
  • Extras:Elevator: Yes
  • Unit Faces:North: Yes
  • Unit Faces:West: Yes
  • Substructure:Finished Basement: Yes
  • Inclusions:Oven: Yes
  • Cooling:Central AC: Yes
  • Inclusions:Freezer: Yes
  • Inclusions:Stove Top: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Finished
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Elevator
  • Living Area: 6456.0
  • Fireplace:Gas: Yes
  • Style Other: Yes

Exterior Features

  • Lot Features: Interior Lot
  • Construction Type: Wood Siding, Stone Veneer, Frame
  • Property Condition: Excellent
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Baseboard
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Amenities: Bus/ShuttleService, Conference Facility, Pets Allowed/Owner, Pets Allowed/Renter, Clubhouse
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Interior Lot: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Trees: Yes
  • HOA Amenities:Conference Facility: Yes
  • HOA Amenities:Club House: Yes
  • Location Amenities:Ski In Access: Yes
  • Location Amenities:Ski Out Access: Yes
  • HOA Amenities:BusShuttleService: Yes

Fee Information

  • Association Fee Includes: Management, Sewer, Insurance, Snow Removal, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Parcel #: 273514314002
  • Zoning: R-15C
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 23078.6
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2022
Sold by
True Construction & Maintenance Svcs Llc
Bought by
Elc1 Llc
Current Estimated Value
$11,717,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,200,000
Outstanding Balance
$4,793,075
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$6,924,795

Purchase Details

Listed on
Jun 15, 2017
Closed on
Oct 5, 2017
Sold by
Tower Lkending Llc
Bought by
True Construction & Maintenance Sercvice
Seller's Agent
Steven Shane
Compass Aspen
Buyer's Agent
Al Azizi
Global Real Estate Group, LLC
List Price
$5,525,000
Sold Price
$4,965,000
Premium/Discount to List
-$560,000
-10.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.26%
Original Mortgage
$3,475,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2017
Closed on
Aug 22, 2017
Sold by
White Thomas and White Susan
Bought by
Tower Lending Llc
Seller's Agent
Steven Shane
Compass Aspen
Buyer's Agent
Al Azizi
Global Real Estate Group, LLC
List Price
$5,525,000
Sold Price
$4,965,000
Premium/Discount to List
-$560,000
-10.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,475,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2005
Sold by
Hines Highlands Lp
Bought by
White Thomas and White Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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
Elc1 Llc -- Land Title Guarantee Co
True Construction & Maintenance Sercvice $4,965,000 Land Title Guarantee Co
Tower Lending Llc -- None Available
White Thomas $5,575,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elc1 Llc $5,200,000
Previous Owner True Construction & Maintenance Sercvice $3,475,500
Previous Owner White Thomas $2,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2017 10/05/17 Sold $4,965,000 -10.1% $769 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $5,525,000 -- $856 / 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 $51,640 $799,540 $166,730 $632,810
2023 $51,640 $810,010 $168,920 $641,090
2022 $28,453 $347,760 $139,000 $208,760
2021 $27,510 $357,770 $143,000 $214,770
2020 $28,830 $371,710 $214,500 $157,210
2019 $28,830 $371,710 $214,500 $157,210
2018 $25,070 $374,310 $216,000 $158,310
2017 $23,630 $327,660 $194,400 $133,260
2016 $23,079 $317,110 $214,920 $102,190
2015 $22,889 $317,110 $214,920 $102,190
2014 $24,759 $337,190 $214,920 $122,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 149521

Aspen Glenwood MLS

APN: R018685