$107,500
SOLD MAR 16, 2012

311 W Main St Unit 111 Aspen, CO 81611

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

Recently Sold

$363 Per Sq Ft

53% Below List Price

1,297 Days on Market

Highlights

  • Outdoor Pool
  • Furnished
  • Front Desk in Lobby
  • Aspen Middle School Rated A-
  • Evaporated cooling system
  • 3-minute walk to Paepcke Park

About This Home

As of March 2012

Relax and enjoy an affordable option in this fantastic studio unit close to downtown Aspen with breakfast and apres ski refreshments, pool, jacuzzi, off-street parking and air conditioning. Owner use restrictions, contact broker.

Last Agent to Sell the Property

Tony Scheer

Aspen Real Estate Company Brokerage Phone: (970) 920-2006 Listed on: 01/06/2012

Co-Listed By

Mark Ronay

Aspen Real Estate Company Brokerage Phone: (970) 920-2006

Last Buyer's Agent

Dennis Jung

Aspen Snowmass Sotheby's International Realty - Durant License #EA.001006005

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $366

Year Built

  • Built in 1972

Lot Details

  • Property is in good condition

Home Design

  • Frame Construction

Interior Spaces

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

Parking

  • Garage
  • Carport
  • No Garage
  • Common or Shared Parking

Pool

  • Outdoor Pool
  • Spa

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 273512491012

Community Details

Overview

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

Recreation

  • Snow Removal

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$366

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: ARECA
  • Co List Office Phone: 970-920-2006
  • Inclusions: Refrigerator, Window Coverings
  • Subdivision Name: Aspen Bed & Breakfast
  • Directions: On Main Street, Aspen (aka Aspen Mt. Lodge)
  • Above Grade Finished Sq Ft: 296.0
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1972
  • Tax Parcel Letter: R010767
  • Attribution Contact: (970) 920-2006
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: hotel condo
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • General Info:Levels: 1.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 366.32
  • Financing Info:Tax Year2: 2008
  • Extras:Hot TubSpa: Yes
  • Sanitation:Sewer: Yes
  • Extras:Pool: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • HOA Fees Includes:Management: Yes
  • Miscellaneous:Under Construction3: No
  • Condition:Good: Yes
  • Cooling:Evaporative Cooling: 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
  • General Info:LvHtSqFt (Abv Grnd): 296.0
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 1
  • Living Area: 296.0

Exterior Features

  • Construction Type: Frame
  • Property Condition: Good
  • Construction:Frame: Yes

Garage/Parking

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

Utilities

  • Cooling: Evaporative Cooling
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Amenities: Management, Front Desk
  • Association: Yes

Association/Amenities

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

Fee Information

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

Lot Info

  • Parcel #: 273512491012
  • Zoning: hotel condo

Tax Info

  • Tax Annual Amount: 366.32
  • Tax Year: 2008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2012
Closed on
Mar 16, 2012
Sold by
Aronson Robert P
Bought by
Mountain Lodge Holdings Llc
Seller's Agent
Tony Scheer
Aspen Real Estate Company
Buyer's Agent
Dennis Jung
Aspen Snowmass Sotheby's International Realty - Durant
List Price
$229,500
Sold Price
$107,500
Premium/Discount to List
-$122,000
-53.16%
Current Estimated Value
$638,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$531,319
Avg. Annual Appreciation
16.22%
Original Mortgage
$80,625
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2007
Sold by
Derose V F
Bought by
Aronson Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $107,500 Stewart Title
Warranty Deed $167,500 Pct
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $80,625 Purchase Money Mortgage
Previous Owner $134,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2012 03/16/12 Sold $107,500 -53.2% $363 / Sq Ft
01/16/2012 01/16/12 Pending -- -- --
06/27/2008 06/27/08 For Sale $229,500 -- $775 / 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 $807 $24,540 $0 $24,540
2023 $807 $27,480 $0 $27,480
2022 $392 $10,690 $0 $10,690
2021 $390 $11,000 $0 $11,000
2020 $477 $13,340 $0 $13,340
2019 $477 $13,340 $0 $13,340
2018 $445 $13,440 $0 $13,440
2017 $393 $12,350 $0 $12,350
2016 $402 $12,380 $0 $12,380
2015 $397 $12,380 $0 $12,380
2014 $280 $8,360 $0 $8,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 106160

Aspen Glenwood MLS

APN: R010767