NOT LISTED FOR SALE

124 W Hyman Ave Unit 2A Aspen, CO 81611

Estimated Value: $2,696,700 - $3,397,000

2 Beds
2 Baths
975 Sq Ft
$759/mo HOA Fee

Last Sold April 13, 2023

Last sale price $2,278,000 $2,336 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $17,786/month

116 Days on Market

Highlights

  • Ski Lockers
  • Corner Lot
  • Views
  • Aspen Middle School Rated A-
  • Brick or Stone Mason
  • 2-minute walk to Paepcke Park

About This Home

As of April 2023

Rare, 2-bedroom Cottonwood condo available in the Aspen core, approx. 3 blocks to downtown's top restaurants and retailers, yet in a quiet neighborhood. An ideal ski condo, the complex is also less than 6 blocks from historic Lift 1A and ~8 blocks from the Aspen Gondola. Residents will enjoy abundant sunshine from the southwest-facing, 2nd-floor unit, outdoor spaces, a wood-burning fireplace, and off-street parking.


Additionally, the condo offers beautiful views of Shadow Mountain from the front balcony and living room, while the bedroom on the north side features views of Red Mountain and the Hunter Creek Valley. With such close proximity to skiing, dining, shopping, the iconic Wheeler Opera House & Belly Up, this condo truly provides the perfect entry into the local Aspen lifestyle.

Last Agent to Sell the Property

Bill Stirling

Douglas Elliman Real Estate-Hyman Ave Brokerage Phone: (970) 925-8810 License #EA.000165521 Listed on: 03/03/2023

Douglas Elliman Real Estate-Hyman Ave

Last Buyer's Agent

Joshua Landis

Christie's International Real Estate Aspen Snowmass License #FA100005269

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,096

Year Built

  • Built in 1969

Lot Details

  • Southern Exposure
  • Southwest Facing Home

HOA Fees

  • $759 Monthly HOA Fees

Home Design

  • Brick or Stone Mason
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 975 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Wood Burning Fireplace
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • No Garage
  • 1 Car Parking Space
  • Common or Shared Parking

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273512459005

Community Details

Overview

  • Association fees include contingency fund, management, sewer, insurance, water, trash, snow removal, ground maintenance, electricity, cable TV
  • Cottonwood Subdivision
  • On-Site Maintenance

Recreation

  • Ski Lockers
  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,096

Year Built

Built in 1969

Lot Details

0

HOA Fees

$759 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Freezer, Oven, Refrigerator, Range, Microwave, Dishwasher
  • Subdivision Name: Cottonwood
  • Directions: Across from Aspen Ice Garden on the corner of W. Hyman Ave and 1st Street
  • Carport Y N: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1969
  • Tax Parcel Letter: R001407
  • Attribution Contact: (970) 925-8810
  • Location Info:Furnished: Partial
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R/MF
  • General Info:Main Floor Master: 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: No
  • General Info:Levels: 1.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 4096.0
  • Financing Info:Tax Year2: 2021
  • Extras:PatioDeck: Yes
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • HOA Fees Includes:Management: Yes
  • Mineral Rights:No2: 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
  • Laundry Facility:Common Area: Yes
  • HOA Fees Includes:Unit Electric: Yes
  • General Info:Unit Faces: Southwest
  • Inclusions:Oven: Yes
  • Inclusions:Freezer: Yes
  • Construction Brick: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 9104.0
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 975.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Wood Siding, Other, Frame, Brick
  • Direction Faces: Southwest
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 Car, Common
  • Keywords Info:Garage: None
  • Parking Area:Common2: Yes
  • Parking Area:_one_ Car2: Yes

Utilities

  • Laundry Features: Common Area
  • Heating: Hot Water, Natural Gas, Baseboard
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Amenities: Locker Ski Storage, Pets Allowed/Owner
  • Association Fee: 2276.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 2276.0
  • Financing Info:Association Fee Frequency2: Quarterly
  • HOA Amenities:Pets AllowedOwner: Yes
  • Location Amenities:Corner Lot: Yes
  • Location Amenities:Exposure Southern: Yes
  • HOA Amenities:Locker Ski Storage: Yes

Fee Information

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

Lot Info

  • Parcel #: 273512459005
  • Zoning: R/MF

Tax Info

  • Tax Annual Amount: 4096.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Apr 13, 2023
Sold by
Mll 124 Llc
Bought by
Whitney Larkin Llc
Seller's Agent
Bill Stirling
Douglas Elliman Real Estate-Hyman Ave
Buyer's Agent
Joshua Landis
Christie's International Real Estate Aspen Snowmass
List Price
$2,900,000
Sold Price
$2,278,000
Premium/Discount to List
-$622,000
-21.45%
Views
7
Current Estimated Value
$3,143,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$865,175
Avg. Annual Appreciation
13.57%

Purchase Details

Closed on
Nov 2, 2022
Sold by
Martin R Warshaw Trust
Bought by
Mll 124 Llc

Purchase Details

Closed on
Sep 2, 2014
Sold by
Warshaw Martin R
Bought by
Warshaw Martin R and Martin R Warshaw Trust #1

Purchase Details

Closed on
Sep 13, 2010
Sold by
Warshaw Lynn A and Pope Jacquelynn C
Bought by
Warshaw Martin R

Purchase Details

Closed on
Feb 27, 2001
Sold by
Warshaw Martin R
Bought by
Harris Laurie and Harris Molly
Source: Public Records

Range of Values:

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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
Whitney Larkin Llc $2,278,000 Land Title
Mll 124 Llc -- --
Warshaw Martin R -- None Available
Warshaw Martin R -- None Available
Harris Laurie -- --
Harris Laurie -- --
Warshaw Mark -- --
Pope Jacquelynn C -- --
Warshaw Lynn A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2023 04/13/23 Sold $2,278,000 -3.1% $2,336 / Sq Ft
02/22/2023 02/22/23 Price Changed $2,350,000 -9.6% $2,410 / Sq Ft
01/18/2023 01/18/23 Price Changed $2,600,000 -10.3% $2,667 / Sq Ft
11/07/2022 11/07/22 For Sale $2,900,000 -- $2,974 / 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 $4,945 $150,420 $0 $150,420
2023 $4,945 $154,580 $0 $154,580
2022 $4,114 $112,210 $0 $112,210
2021 $4,096 $115,440 $0 $115,440
2020 $4,048 $113,310 $0 $113,310
2019 $4,048 $113,310 $0 $113,310
2018 $3,262 $114,100 $0 $114,100
2017 $2,878 $90,480 $0 $90,480
2016 $3,006 $92,560 $0 $92,560
2015 $2,967 $92,560 $0 $92,560
2014 $2,647 $78,920 $0 $78,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 177394

Aspen Glenwood MLS

APN: R001407