NOT LISTED FOR SALE

124 N Spring St Unit 124 Aspen, CO 81611

Estimated Value: $8,782,000 - $11,640,683

4 Beds
4.5 Baths
4,416 Sq Ft
$2,312/Sq Ft Est. Value

Last Sold October 15, 2014

Last sale price $5,650,000 $1,279 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $55,729/month

302 Days on Market

Highlights

  • Spa
  • River Front
  • Brick or Stone Mason
  • Aspen Middle School Rated A-
  • Cul-De-Sac
  • 3-minute walk to Herron Park

About This Home

As of October 2014

An elegant riverfront townhouse in the core of Aspen. This four bedroom, four and one-half bath luxurious residence has an elevator, stone countertops, wood floors, air conditioning, three dramatic gas fireplaces, cathedral ceilings and a rooftop hot tub. The serene setting on the Roaring Fork River creates a uniquely quiet core experience with a two-car garage and additional guest parking perfect for entertaining. Walk to the gondola, play in the pool by the river, or relax in the roof top hot tub; all the quintessential Aspen lifestyle.

Last Agent to Sell the Property

Tim Clark

Frias Properties of Aspen Brokerage Phone: (970) 920-2000 Listed on: 10/01/2013

Last Buyer's Agent

Craig Morris

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #EA40009691

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,702

Year Built

  • Built in 1992

Lot Details

  • River Front
  • Cul-De-Sac
  • Southern Exposure
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Brick or Stone Mason
  • Shake Roof
  • Membrane Roofing

Interior Spaces

  • 4,416 Sq Ft Home
  • Gas Fireplace
  • Property Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Spa
  • Accessory Dwelling Unit (ADU)
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273707326001

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include contingency fund, management, sewer, insurance, water, trash, snow removal, cable TV
  • River Park Subdivision
  • 5-Story Property

Recreation

  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,702

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Inclusions: Dryer, Refrigerator, Washer, Microwave, Dishwasher
  • Subdivision Name: River Park
  • Directions: Take E. Main to N. Spring. Turn Left. River Park is on the immediate right. #124 is the back building, far left townhome. Easy to show last minute.
  • Architectural Style: Other
  • Master Model: No
  • New Construction: No
  • Year Built: 1992
  • Tax Parcel Letter: R014399
  • Attribution Contact: (970) 920-2000
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: Yes
  • General Info:Levels: 5.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 13702.44
  • Financing Info:Tax Year2: 2013
  • Extras:Hot TubSpa: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Condition:Excellent: Yes
  • Roof:Membrane: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • HOA Fees Includes:Management: Yes
  • Miscellaneous:Under Construction3: No
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • HOA Fees Includes:Cable TV2: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Sewer2: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • HOA Fees Includes:Water: Yes
  • Cooling:Central AC: Yes
  • Roof:Shake: Yes
  • Construction Brick: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 4416.0
  • Fireplace:Gas: Yes
  • Style Other: Yes

Exterior Features

  • Lot Features: Cul-De-Sac
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Brick
  • Property Condition: Excellent
  • Roof: Shake, Membrane

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: Management, Pets Allowed/Owner
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • HOA Amenities:Management2: Yes
  • Location Amenities:Cul-de-Sac: Yes
  • Location Amenities:River Frontage: Yes

Fee Information

  • Association Fee Includes: Contingency Fund, Management, Sewer, Insurance, Water, Trash, Snow Removal, Cable TV

Lot Info

  • Parcel #: 273707326001

Tax Info

  • Tax Annual Amount: 13702.44
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2021
Sold by
Eric Feder Revocable Trust
Bought by
124 North Spring Llc
Current Estimated Value
$10,211,342

Purchase Details

Listed on
Oct 1, 2013
Closed on
Oct 15, 2014
Sold by
Revoca Wachtmeister Edward C A and Revoca Edward C A Wachtmeister
Bought by
Eric Feder Revocable Trust
Seller's Agent
Tim Clark
Frias Properties of Aspen
Buyer's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$6,250,000
Sold Price
$5,650,000
Premium/Discount to List
-$600,000
-9.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$4,200,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 20, 2004
Sold by
Cd Aspen Partners Llc
Bought by
Revoca Wachtmeister Edward C A and Revoca Edward C A Wachtmeister

Purchase Details

Closed on
Aug 12, 2003
Sold by
Gail Cottingham Koch Revocable Trust
Bought by
Cd Aspen Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,960,000
Interest Rate
5.35%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 11, 2001
Sold by
Koch Gail Cottingham
Bought by
Gail Cottingham Koch Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
124 North Spring Llc -- None Available
Eric Feder Revocable Trust $5,600,000 Stewart Title
Revoca Wachtmeister Edward C A $5,300,000 Stewart Title Of Aspen Inc
Cd Aspen Partners Llc $3,200,000 Stewart Title
Gail Cottingham Koch Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eric Feder Revocable Trust $4,200,000
Previous Owner Cd Aspen Partners Llc $2,960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2014 10/15/14 Sold $5,650,000 -9.6% $1,279 / Sq Ft
07/31/2014 07/31/14 Pending -- -- --
10/01/2013 10/01/13 For Sale $6,250,000 -- $1,415 / 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 $24,188 $735,750 $0 $735,750
2023 $24,188 $745,600 $0 $745,600
2022 $26,591 $725,300 $0 $725,300
2021 $26,476 $746,170 $0 $746,170
2020 $24,898 $696,890 $0 $696,890
2019 $24,898 $696,890 $0 $696,890
2018 $17,967 $701,760 $0 $701,760
2017 $15,853 $498,430 $0 $498,430
2016 $14,580 $448,980 $0 $448,980
2015 $14,392 $448,980 $0 $448,980
2014 $13,994 $417,210 $0 $417,210
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Tim Clark

    Frias Properties of Aspen

  • C

    Buyer's Agent in 2014

    Craig Morris

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 429-1090

    49 in this area

    70 Total Sales

    Craig Morris
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Map

Source: Aspen Glenwood MLS

MLS Number: 131687

Aspen Glenwood MLS

APN: R014399

Colorado Pitkin County Aspen 81611

124 N Spring St Unit 124, Aspen, CO

Not Listed for Sale

Townhouses

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