NOT LISTED FOR SALE

257 Park Ave Unit 1 Aspen, CO 81611

Estimated Value: $8,032,000 - $13,597,612

4 Beds
3.5 Baths
3,601 Sq Ft
$2,795/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $5,950,000 $1,652 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $57,540/month

94 Days on Market

Highlights

  • Spa
  • Contemporary Architecture
  • Corner Lot
  • Aspen Middle School Rated A-
  • Hydromassage or Jetted Bathtub
  • 3-minute walk to Henry Stein Park

About This Home

As of October 2017

Every detail has been considered in this spectacular downtown Aspen contemporary home that was significantly remodeled in 2013, and is meticulously maintained. This large corner lot enjoys all day south and western sunlight and is only an eight-minute walk to downtown via Hopkins Ave. Pedestrian Bridge, and close to Smuggler and Ute Trailheads. The main level walks out to a fenced outdoor courtyard that includes beautiful Zen gardens and a 400 sq. ft. chic cabana with TV, BBQ grill and two fire pits, perfect for entertaining. Relax in the oversized commercial built-in hot tub with automatic cover. The open master bedroom suite enjoys panoramic Aspen Mountain views from the floor to ceiling windows.Additional features include snowmelt driveway, walks, and patio, art wall with built in rails, new Crestron AV home control system throughout, Gladiator garage system, and all new kitchen counters and appliances. Sold partially furnished. Additional features include snowmelt driveway, walks, and patio, art wall with built in rails, new Crestron AV home control system throughout, Gladiator garage system, and all new kitchen counters and appliances. Sold partially furnished.

Last Agent to Sell the Property

Chris Klug

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA100025125 Listed on: 12/20/2016

Last Buyer's Agent

Chris Klug

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,288

Year Built

  • Built in 2005

Lot Details

  • 5,763 Sq Ft Lot
  • Home has East and West Exposure
  • Southern Exposure
  • Fenced
  • Corner Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Frame Construction
  • Stucco Exterior

Interior Spaces

  • 3,601 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Window Treatments
  • Home Security System
  • Property Views
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Carport

Outdoor Features

  • Spa
  • Patio

Location

  • Mineral Rights Excluded

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Park Dale Townhomes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273718133056

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,288

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Inclusions: Dryer, Freezer, Refrigerator, Washer, Window Coverings, Water Softener, Range, Microwave, Dishwasher
  • Subdivision Name: Park Dale Townhomes
  • Directions: East on Cooper Avenue, left on Park Avenue. Home sits on the left one block down.
  • Architectural Style: Split Level, Contemporary
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2005
  • Tax Parcel Letter: R019653
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Partial
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • 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
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 10288.32
  • Financing Info:Tax Year2: 2015
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Inclusions:Water Softener: Yes
  • Unit Faces:East: Yes
  • Unit Faces:West: Yes
  • Exterior:Stucco: Yes
  • Substructure:Finished Basement: Yes
  • Carport:_two_ Car: Yes
  • Cooling:Central AC: Yes
  • Inclusions:Freezer: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Softener: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Style:Split Level: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Has Basement: Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 3601.0

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Landscaped
  • Construction Type: Stucco, Frame
  • Property Condition: Excellent
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes
  • General Info:Garage SqFt: 447.0

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • 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

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: 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: 5763.0
  • Parcel #: 273718133056
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10288.32
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2011
Closed on
Jan 20, 2012
Sold by
257 Park Avenue Llc
Bought by
The Jon Foley Revocable Trust
Seller's Agent
Steven Shane
Shane Aspen
Buyer's Agent
Chris Klug
Morris & Fyrwald, Sotheby's Intl Realty
List Price
$5,995,000
Sold Price
$4,025,000
Premium/Discount to List
-$1,970,000
-32.86%
Current Estimated Value
$10,066,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,041,204
Avg. Annual Appreciation
6.69%

Purchase Details

Closed on
May 1, 2008
Sold by
Degraff Scott and Degraff Liza
Bought by
257 Park Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.07%
Mortgage Type
Unknown

Purchase Details

Closed on
May 15, 2006
Sold by
Dale/Park Avenue Llc
Bought by
Degraff Scott and Degraff Liza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,975,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
The Jon Foley Revocable Trust $4,025,000 None Available
257 Park Avenue Llc $500 None Available
Degraff Scott $4,975,000 Stewart Title Of Colorado In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Jon Foley Revocable Trust $3,500,000
Closed The Jon Foley Revocable Trust $2,817,500
Previous Owner 257 Park Avenue Llc $1,100,000
Previous Owner 257 Park Avenue Llc $1,300,000
Previous Owner Degraff Scott $3,975,000
Previous Owner Dale/Park Avenue Llc $0
Previous Owner Dale/Park Avenue Llc $3,315,000
Previous Owner Dale Park Avenue Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2017 10/13/17 Sold $5,950,000 -5.5% $1,652 / Sq Ft
03/25/2017 03/25/17 Pending -- -- --
12/20/2016 12/20/16 For Sale $6,299,000 +56.5% $1,749 / Sq Ft
01/20/2012 01/20/12 Sold $4,025,000 -32.9% $1,118 / Sq Ft
12/08/2011 12/08/11 Pending -- -- --
12/07/2011 12/07/11 For Sale $5,995,000 -- $1,665 / 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 $32,298 $974,220 $266,990 $707,230
2023 $32,298 $986,370 $270,320 $716,050
2022 $19,428 $524,730 $194,600 $330,130
2021 $19,345 $539,830 $200,200 $339,630
2020 $18,575 $514,510 $193,050 $321,460
2019 $18,575 $514,510 $193,050 $321,460
2018 $14,441 $518,100 $194,400 $323,700
2017 $12,750 $416,390 $0 $416,390
2016 $10,421 $317,110 $0 $317,110
2015 $10,288 $317,110 $0 $317,110
2014 $10,396 $306,210 $0 $306,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 147040

Aspen Glenwood MLS

APN: R019653