NOT LISTED FOR SALE

311 W Main St Unit 108 Aspen, CO 81611

Estimated Value: $406,000 - $1,131,000

-- Bed
1 Bath
296 Sq Ft
305 Sq Ft Lot

Last Sold January 22, 2015

Last sale price $150,000 $507 Per Sq Ft

Est. 342% increase in value since last sale

Current estimated payment $3,722/month

83 Days on Market

Highlights

  • Spa
  • Furnished
  • Landscaped
  • Aspen Middle School Rated A-
  • Front Desk in Lobby
  • 3-minute walk to Paepcke Park

About This Home

As of January 2015

Own a piece of Aspen for a price you can afford. This condo-hotel has been in business since 1972 and runs like a well oiled machine. If you are looking for a place to invest some money and get a monthly return this condo is for you. This unit is located off the common living room just steps away from the daily continental breakfast. It's quiet and has two queen beds for maximum rental income. It's a true Aspen Ski chalet that is welcoming to new guests and has repeating clients that return each year to help maximize rental income.

Last Agent to Sell the Property

Ashley Chod

Aspen Associates Realty Listed on: 09/30/2014

Co-Listed By

PJ Bory

Aspen Associates Realty

Last Buyer's Agent

Nancy Stover

Leverich and Carr Real Estate License #FA40034951

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $461

Year Built

  • Built in 1972

Lot Details

  • West Facing Home
  • Landscaped
  • Property is in good condition

Home Design

  • Frame Construction
  • Membrane Roofing
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1 Full Bathroom
  • 296 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Gas Fireplace
  • Window Treatments

Parking

  • Carport
  • No Garage
  • Common or Shared Parking

Pool

  • Spa
  • Outdoor Pool

Location

  • Mineral Rights Excluded

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Rights Not Included
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 273512491009

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include contingency fund, management, sewer, unit heat, insurance, water, trash, snow removal, ground maintenance, electricity, cable TV
  • Aspen Bed & Breakfast Subdivision
  • On-Site Maintenance

Amenities

  • No Laundry Facilities

Recreation

  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Security

  • Front Desk in Lobby
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$461

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: AspenAssoA
  • Co List Office Phone: 970-544-5800
  • Inclusions: Refrigerator, Window Coverings
  • Subdivision Name: Aspen Bed & Breakfast
  • Directions: Building is on the South side of Main Street. Unit is on 1st floor near breakfast/living room.
  • Carport Y N: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1972
  • Tax Parcel Letter: R010764
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • 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: 460.64
  • Financing Info:Tax Year2: 2013
  • Extras:Landscaping: Yes
  • Sanitation:Sewer: Yes
  • Extras:Pool: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Roof:Membrane: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • HOA Fees Includes:Management: Yes
  • Miscellaneous:Under Construction3: No
  • Condition:Good: Yes
  • Mineral Rights:No2: 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
  • HOA Fees Includes:Unit Electric: Yes
  • HOA Fees Includes:Unit Heat: Yes
  • Unit Faces:West: Yes
  • Disclosures:No Dogs: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Laundry Facility:None4: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 1
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 296.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Disclosures: No Dogs
  • Construction Type: Wood Siding, Stone Veneer, Frame
  • Property Condition: Good
  • Roof: Membrane
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Common
  • Keywords Info:Garage: None
  • Parking Area:Common2: Yes

Utilities

  • Laundry Features: None
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management, Front Desk, Pets Allowed/Owner, Pets Allowed/Renter
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • HOA Amenities:Front Desk: Yes
  • HOA Amenities:Management2: Yes

Fee Information

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

Lot Info

  • Parcel #: 273512491009

Tax Info

  • Tax Annual Amount: 460.64
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2014
Closed on
Jan 22, 2015
Sold by
Warble Eric
Bought by
Heineman S Marlene
Seller's Agent
Ashley Chod
Aspen Associates Realty
Buyer's Agent
Nancy Stover
Leverich and Carr Real Estate
List Price
$200,000
Sold Price
$150,000
Premium/Discount to List
-$50,000
-25%
Current Estimated Value
$662,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,282
Avg. Annual Appreciation
14.48%
Original Mortgage
$80,500
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2007
Sold by
Tempkins Harry and Tempkins Vivian
Bought by
Warble Eric

Purchase Details

Closed on
Jan 27, 2006
Sold by
Sloviter David and Marcus Rosalie
Bought by
Tempkins Harry and Tempkins Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Heineman S Marlene $150,000 Stewart Title
Warble Eric $175,000 None Available
Tempkins Harry $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elkmax Llc $3,800,000
Closed Elkmax Llc $2,000,000
Closed Heineman S Marlene $80,500
Previous Owner Tempkins Harry $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2015 01/22/15 Sold $150,000 -25.0% $507 / Sq Ft
12/23/2014 12/23/14 Pending -- -- --
09/30/2014 09/30/14 For Sale $200,000 -- $676 / 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 $763 $23,200 $0 $23,200
2023 $763 $26,130 $0 $26,130
2022 $373 $10,180 $0 $10,180
2021 $372 $10,470 $0 $10,470
2020 $454 $12,710 $0 $12,710
2019 $454 $12,710 $0 $12,710
2018 $423 $12,790 $0 $12,790
2017 $373 $11,760 $0 $11,760
2016 $383 $11,790 $0 $11,790
2015 $378 $11,790 $0 $11,790
2014 $267 $7,960 $0 $7,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 136234

Aspen Glenwood MLS

APN: R010764