NOT LISTED FOR SALE

118 N 1st St Aspen, CO 81611

Estimated Value: $5,938,000 - $10,219,627

3 Beds
4 Baths
2,147 Sq Ft
$4,169/Sq Ft Est. Value

Last Sold January 12, 2017

Last sale price $2,550,000 $1,188 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $48,765/month

196 Days on Market

Highlights

  • Green Building
  • Wood Burning Stove
  • Corner Lot
  • Aspen Middle School Rated A-
  • Victorian Architecture
  • 2-minute walk to Paepcke Park

About This Home

As of January 2017

A wonderful way to be a part of Aspen's storied history, this corner lot West End Victorian is located at 1st and Bleeker Street across from the Yellow Brick playground with gorgeous cottonwood trees and is walking distance to everything. Located 2-1/2 blocks to the Main Street Bakery and 1-block to all bus service. This designated West End Victorian has 2,147 s.f. of which 1,000 s.f. on the South side of the the house was added in the 80's and can be removed. Very livable as-is, and yet prime for a restoration/expansion project. 2400 s.f. FAR, and opportunity for a 500 s.f. bonus for a HPC ''worthy'' project plus the ability to add below grade living area.

Last Agent to Sell the Property

Bill Stirling

Douglas Elliman Real Estate-Durant Brokerage Phone: (970) 925-8810 Listed on: 03/25/2016

Co-Listed By

Max Taam

Douglas Elliman Real Estate-Durant Brokerage Phone: (970) 925-8810

Last Buyer's Agent

Andrew Ernemann

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA100028587

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,652

Year Built

  • Built in 1888

Lot Details

  • 3,000 Sq Ft Lot
  • Northwest Facing Home
  • Southern Exposure
  • Fenced
  • Xeriscape Landscape
  • Corner Lot
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Historic Home
  • Property is in good condition
  • Property is zoned R-6

Home Design

  • Victorian Architecture
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,147 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Treatments
  • Crawl Space
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • 2 Car Parking Spaces

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Green Building
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273512439001

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include sewer

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,652

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: DougEll-Durant
  • Co List Office Phone: 970-925-8810
  • Inclusions: Dryer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: None
  • Directions: Turn north off Main St. on N. First St. and go 1 block, Property is located on the SE corner of Bleeker and N. First.
  • Above Grade Finished Sq Ft: 2147.0
  • Architectural Style: Victorian
  • Master Model: No
  • New Construction: No
  • Year Built: 1888
  • Tax Parcel Letter: R001415
  • Attribution Contact: (970) 925-8810
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-6
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 4652.48
  • Financing Info:Tax Year2: 2015
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Miscellaneous:Under Construction3: No
  • Condition:Good: Yes
  • Substructure:Crawl Space: Yes
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 2147.0
  • Unit Faces:North: Yes
  • Unit Faces:West: Yes
  • Home Performance Programs:Energy Star Rated: No
  • Home Performance Programs:Indoor Air Plus: No
  • Water Efficiency:Xeriscaping: Yes
  • Disclosures:Historical: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 2147.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Disclosures: Historical
  • Construction Type: Wood Siding, Frame
  • Property Condition: Good
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: None
  • Parking Area:_two_ Car2: Yes

Utilities

  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wood Stove, Hot Water, Natural Gas, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes
  • Heating:Electric: Yes
  • Heating:Wood Stove: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Corner Lot: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 3000.0
  • Parcel #: 273512439001
  • Zoning: R-6
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Xeriscaping

Tax Info

  • Tax Annual Amount: 4652.48
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2024
Sold by
Bleeker Llc
Bought by
11937 Brentwood Grove Llc
Current Estimated Value
$8,949,907

Purchase Details

Closed on
Jun 17, 2020
Sold by
118 North First Llc
Bought by
Bleeker Llc

Purchase Details

Listed on
Mar 25, 2016
Closed on
Jan 12, 2017
Sold by
Weese Kate B
Bought by
118 North First Llc
Seller's Agent
Bill Stirling
Douglas Elliman Real Estate-Durant
Buyer's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$3,650,000
Sold Price
$2,550,000
Premium/Discount to List
-$1,100,000
-30.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.13%
Original Mortgage
$1,400,000
Interest Rate
3.75%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 19, 2016
Sold by
Weese Kate B
Bought by
Weese Kate B and Kate Weese 1999 Trust

Purchase Details

Closed on
Jun 30, 2015
Sold by
Kate B Weese 1999 Irrevocable Trust #2
Bought by
Young Shirley Weese and Weese Marcia

Purchase Details

Closed on
May 9, 2014
Sold by
Young Shirley Weese
Bought by
118 North First Street Aspen Llc

Purchase Details

Closed on
May 8, 2014
Sold by
Weese Marica
Bought by
Young Shirley Weese
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
11937 Brentwood Grove Llc $7,200,000 Attorneys Title
Bleeker Llc $5,850,000 Attorneys Title Aspen
118 North First Llc $2,550,000 None Available
Weese Kate B -- None Available
Young Shirley Weese -- None Available
118 North First Street Aspen Llc -- None Available
Young Shirley Weese -- None Available
Young Shirley Weese -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 118 North First Llc $1,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2017 01/12/17 Sold $2,550,000 -30.1% $1,188 / Sq Ft
10/07/2016 10/07/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $3,650,000 -- $1,700 / 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 $20,253 $616,070 $367,140 $248,930
2023 $20,253 $810,380 $372,450 $437,930
2022 $15,728 $429,010 $186,450 $242,560
2021 $15,661 $441,360 $191,820 $249,540
2020 $13,629 $381,490 $178,680 $202,810
2019 $13,629 $381,490 $178,680 $202,810
2018 $5,891 $384,160 $179,930 $204,230
2017 $5,421 $170,430 $158,760 $11,670
2016 $4,714 $145,160 $131,640 $13,520
2015 $4,653 $145,160 $131,640 $13,520
2014 $4,176 $124,490 $117,010 $7,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 143235

Aspen Glenwood MLS

APN: R001415