$11,455,000
SOLD JUN 27, 2018

132 N Spring St Unit 11 Aspen, CO 81611

5 Beds
5.5 Baths
5,389 Sq Ft
1992 Built

Recently Sold

$2,126 Per Sq Ft

8% Below List Price

1,073 Days on Market

Highlights

  • Newly Remodeled
  • Spa
  • Contemporary Architecture
  • Aspen Middle School Rated A-
  • Maid or Guest Quarters
  • 2-minute walk to Aspen Skate Park

About This Home

As of March 2025

Completely renovated with a light touch and crisp design, what was once an “old school” townhome now sets the standard for contemporary flair. Located in the rear of the River Park complex and away from Main Street, the south-facing home features Aspen Mountain views, uncompromised in-town living, the latest technology, private two car and common garage, on site management, elevator, common area pool and spa, and exquisite roof top deck with private hot tub for taking it all in year round! The slightly revised floor plan incorporates 5 bedrooms, 5 full baths, and 1 half bath amongst 5,389 square feet.

Last Agent to Sell the Property

Craig Morris

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA40009691 Listed on: 05/29/2018

Co-Listed By

Andrew Ernemann

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA100028587

Last Buyer's Agent

Carrie Wells

CB, The Aspen Broker

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $17,019

Year Built

  • Built in 1992 | Newly Remodeled

Lot Details

  • South Facing Home
  • Southern Exposure
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Contemporary Architecture
  • Brick or Stone Mason
  • Shake Roof

Interior Spaces

  • 5,389 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Furnished
  • Window Treatments
  • Property Views
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Carport
  • Common or Shared Parking

Outdoor Features

  • Spa
  • Patio

Additional Homes

  • Accessory Dwelling Unit (ADU)

Utilities

  • Central Air
  • Radiant Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 273707326003

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include contingency fund, management, sewer, insurance, water, trash, snow removal, ground maintenance, cable TV
  • River Park Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$17,019

Year Built

Built in 1992 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Co List Office Mls Id: ASSHMA
  • Inclusions: Dryer, Freezer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: River Park
  • Directions: East on Main Street, left on Spring Street. River Park is immediately on the right.
  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: Yes
  • Year Built: 1992
  • Tax Parcel Letter: R014401
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: RES
  • General Info:Main Floor Master: Yes
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • Condition:New: Yes
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: Yes
  • General Info:Levels: 4.0
  • Financing Info:Taxes2: 17018.76
  • Financing Info:Tax Year2: 2017
  • Extras:GuestCaretaker Qtrs: Yes
  • Extras:Hot TubSpa: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • HOA Fees Includes:Management: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: 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
  • Extras:Elevator: Yes
  • Unit Faces:South: Yes
  • Substructure:Finished Basement: Yes
  • Cooling:Central AC: Yes
  • Inclusions:Freezer: Yes
  • Roof:Shake: Yes
  • Construction Brick: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: 4098

Interior Features

  • Furnished: Furnished
  • Has Basement: Finished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Elevator
  • Living Area: 5389.0

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Brick
  • Property Condition: New Construction
  • Roof: Shake

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car, Common
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes
  • Parking Area:Common2: Yes
  • General Info:Garage SqFt: 418.0

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

Fee Information

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

Lot Info

  • Parcel #: 273707326003
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 17018.76
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2018
Closed on
Jun 27, 2018
Sold by
River Park Llc
Bought by
Skiloft Llc
Seller's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Carrie Wells
CB, The Aspen Broker
List Price
$12,500,000
Sold Price
$11,455,000
Premium/Discount to List
-$1,045,000
-8.36%
Current Estimated Value
$8,611,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,843,980
Avg. Annual Appreciation
-3.99%
Original Mortgage
$70,000,000
Outstanding Balance
$61,421,340
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$52,843,824

Purchase Details

Listed on
Jan 16, 2015
Closed on
Feb 3, 2015
Sold by
Robert B Reingold Inc
Bought by
River Park Llc
Seller's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$6,800,000
Sold Price
$6,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.68%
Original Mortgage
$1,650,000
Interest Rate
3.89%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $11,455,000 Land Title Guaratntee Co
Warranty Deed $6,800,000 Attorneys Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,000,000 Unknown
Open $70,000,000 Purchase Money Mortgage
Previous Owner $3,750,000 Unknown
Previous Owner $1,650,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $23,500,000 -5.6% $4,361 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
01/18/2025 01/18/25 Price Changed $24,900,000 -3.9% $4,621 / Sq Ft
09/03/2024 09/03/24 Price Changed $25,900,000 -3.7% $4,806 / Sq Ft
07/02/2024 07/02/24 Price Changed $26,900,000 -5.6% $4,992 / Sq Ft
01/31/2024 01/31/24 Price Changed $28,500,000 -3.4% $5,289 / Sq Ft
07/24/2023 07/24/23 Price Changed $29,500,000 -4.8% $5,474 / Sq Ft
06/07/2023 06/07/23 For Sale $31,000,000 +170.6% $5,752 / Sq Ft
06/27/2018 06/27/18 Sold $11,455,000 -8.4% $2,126 / Sq Ft
06/07/2018 06/07/18 Pending -- -- --
06/29/2015 06/29/15 For Sale $12,500,000 +83.8% $2,320 / Sq Ft
02/09/2015 02/09/15 Sold $6,800,000 0.0% $1,262 / Sq Ft
01/20/2015 01/20/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $6,800,000 -- $1,262 / 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 $29,544 $898,680 $0 $898,680
2023 $29,544 $910,100 $0 $910,100
2022 $31,468 $858,330 $0 $858,330
2021 $31,333 $883,030 $0 $883,030
2020 $28,585 $800,090 $0 $800,090
2019 $28,585 $800,090 $0 $800,090
2018 $20,973 $856,380 $0 $856,380
2017 $18,505 $581,820 $0 $581,820
2016 $17,019 $524,090 $0 $524,090
2015 $16,035 $500,260 $0 $500,260
2014 $14,175 $422,600 $0 $422,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 139801

Aspen Glenwood MLS

APN: R014401