NOT LISTED FOR SALE

212 S Cleveland St Aspen, CO 81611

Estimated Value: $6,028,000 - $9,717,865

4 Beds
2 Baths
1,761 Sq Ft
$4,709/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $4,975,000 $2,825 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $46,061/month

76 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Views
  • West Facing Home
  • Aspen Middle School Rated A-
  • Laundry Room
  • 4-minute walk to Herron Park

About This Home

As of February 2021

A+ location walkable to downtown Aspen on a tucked away street with views. This existing duplex has great Aspen history, current owners have owned it since 1956! Non-historic. Excellent potential for redevelopment into a single-family home or duplex. There is potential to build nearly 5,000 square feet for a single family home or duplex. The existing home will help offset future affordable housing mitigation costs. Sunny, quiet location, highly sought-after neighborhood two blocks to the downtown core of Aspen. Ready for your future home!

Last Agent to Sell the Property

Mandy Welgos

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA.100083604 Listed on: 08/14/2020

Co-Listed By

Dayna Horton

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA40029579

Last Buyer's Agent

Jordan Nemirow

ENGEL & VOLKERS License #FA40037624

ENGEL & VOLKERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,042

Year Built

  • Built in 1973

Lot Details

  • 4,500 Sq Ft Lot
  • West Facing Home
  • Fence is in average condition
  • Gentle Sloping Lot
  • Property is in average condition

Parking

  • No Garage

Home Design

  • Duplex
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,761 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Location

  • Mineral Rights Excluded

Utilities

  • No Cooling
  • Water Rights Not Included

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • East Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273718204003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,042

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Co List Office Mls Id: ASSHMA
  • Subdivision Name: East Addition
  • Directions: Located on S. Cleveland Street between E. Hyman Ave and E. Hopkins Ave.
  • Architectural Style: Other
  • Master Model: No
  • New Construction: No
  • Year Built: 1973
  • Tax Parcel Letter: R000813
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: RMF
  • General Info:Main Floor Master: Yes
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 8041.8
  • Financing Info:Tax Year2: 2019
  • Sanitation:Sewer: Yes
  • Exterior:Wood Siding: Yes
  • Water Rights:No3: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Unit Faces:West: Yes
  • Condition:Average: Yes
  • Roof:Metal: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1761.0
  • Style Other: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Type: Wood Siding, Frame
  • Property Condition: Average
  • Roof: Metal
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: None

Utilities

  • Laundry Features: Inside
  • Cooling: None
  • Cooling Y N: No
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 4500.0
  • Parcel #: 273718204003
  • Zoning: RMF
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8041.8
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2021
Sold by
Rmm Development Llc
Bought by
West Pond Drive Llc
Current Estimated Value
$8,292,622

Purchase Details

Listed on
Aug 14, 2020
Closed on
Feb 22, 2021
Sold by
L And E Properties Ltd
Bought by
Rmm Development Llc
Seller's Agent
Mandy Welgos
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Jordan Nemirow
ENGEL & VOLKERS
List Price
$5,500,000
Sold Price
$4,975,000
Premium/Discount to List
-$525,000
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%
Original Mortgage
$3,557,125
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 14, 2020
Sold by
Feder Janice and Feder Gary
Bought by
Wsffb Ii Llc

Purchase Details

Closed on
Oct 7, 2020
Sold by
L And E Properties Ltd
Bought by
Feder Janice and Feder Gary
Source: Public Records

Range of Values:

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Average Value
Not Available
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
West Pond Drive Llc $7,400,000 Land Title Guarantee Company
Rmm Development Llc $4,975,000 Land Title Guarantee
Wsffb Ii Llc -- None Available
Feder Janice -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rmm Development Llc $3,557,125
Previous Owner L & E Properties Ltd $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $4,975,000 -9.5% $2,825 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $5,500,000 -- $3,123 / 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 $11,584 $352,370 $321,260 $31,110
2023 $11,584 $358,490 $326,840 $31,650
2022 $8,490 $231,570 $219,640 $11,930
2021 $8,772 $243,490 $230,950 $12,540
2020 $8,042 $225,090 $213,630 $11,460
2019 $8,042 $225,090 $213,630 $11,460
2018 $7,819 $226,660 $215,120 $11,540
2017 $6,899 $216,900 $206,400 $10,500
2016 $7,658 $235,830 $228,180 $7,650
2015 $7,559 $235,830 $228,180 $7,650
2014 $6,790 $202,420 $199,260 $3,160
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mandy Welgos

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 274-3334

    39 in this area

    45 Total Sales

    Mandy Welgos
    Section Image

  • D

    Seller Co-Listing Agent in 2021

    Dayna Horton

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 274-9777

    8 in this area

    16 Total Sales

    Dayna Horton
    Section Image
  • Jordan Nemirow

    Buyer's Agent in 2021

    Jordan Nemirow

    ENGEL & VOLKERS

    (970) 948-7297

    20 in this area

    48 Total Sales

    Jordan Nemirow
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 166025

Aspen Glenwood MLS

APN: R000813

Colorado Pitkin County Aspen 81611

212 S Cleveland St, Aspen, CO

This home is located at 212 S Cleveland St, Aspen, CO 81611 since 14 August 2020 and is currently estimated at $8,292,622, approximately $4,709 per square foot. This property was built in 1973. 212 S Cleveland St is a home located in Pitkin County with nearby schools including Aspen Elementary School, Aspen Middle School, and Aspen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Aspen Glenwood MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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