NOT LISTED FOR SALE

323 N 5th St Aspen, CO 81611

Estimated Value: $8,367,000 - $11,977,220

3 Beds
4.5 Baths
3,499 Sq Ft
$2,846/Sq Ft Est. Value

Last Sold October 26, 2016

Last sale price $5,375,000 $1,536 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $57,419/month

856 Days on Market

Highlights

  • Green Building
  • 2 Fireplaces
  • Views
  • Aspen Middle School Rated A-
  • Brick or Stone Mason
  • Patio

About This Home

As of October 2016

EASY CONVERSION TO A 4TH BEDROOM. Stroll to the Music Tent or walk to town for dinner. Quintessential West End home located on the corner of Francis and Fifth Street. Offering all the amenities of a luxury home with an amazing upstairs dedicated to the master suite. From the master balcony, relax with a good book while drinking in views of Smuggler Mountain, Aspen Mountain, Shadow Mountain, and the backside of Highlands Bowl. Lower level can be converted to 4th bedroom and family room. Architects drawing available

Last Agent to Sell the Property

Gary Feldman

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 Listed on: 05/21/2014

Co-Listed By

Amy Feldman

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA40030060

Last Buyer's Agent

Lucy Nichols

Aspen Snowmass Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,054

Year Built

  • Built in 1996

Lot Details

  • 4,500 Sq Ft Lot
  • Landscaped
  • Sprinkler System
  • Property is in excellent condition

Parking

  • 1 Car Garage

Home Design

  • Split Level Home
  • Brick or Stone Mason
  • Shake Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 3,499 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Property Views
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Radiant Heating System
  • Hot Water Heating System
  • Water Rights Not Included

Additional Features

  • Green Building
  • Patio
  • Mineral Rights Excluded

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer

Listing and Financial Details

  • Assessor Parcel Number 273512426005

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,054

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Co List Office Mls Id: ASSHMA
  • Inclusions: Dryer, Refrigerator, Washer, Range, Microwave, Dishwasher
  • Subdivision Name: None
  • Directions: Main Street to Fifth Street.
  • Architectural Style: Split Level
  • Master Model: No
  • New Construction: No
  • Year Built: 1996
  • Tax Parcel Letter: R000855
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: No
  • 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
  • Listing Info:ADU: No
  • General Info:Levels: 3.0
  • General Info:Short Termable: No
  • Financing Info:Taxes2: 11053.64
  • Financing Info:Tax Year2: 2013
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Substructure:Finished Basement: Yes
  • Cooling:Central AC: Yes
  • Roof:Shake: Yes
  • Style:Split Level: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Finished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 3499.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Stone
  • Property Condition: Excellent
  • Roof: Shake
  • Construction:Stone: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 Car
  • Keywords Info:Garage: 1 Car
  • Parking Area:_one_ Car2: Yes

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Hot Water
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

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

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 4500.0
  • Parcel #: 273512426005
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11053.64
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2014
Closed on
Oct 26, 2016
Sold by
323 N Fifth Street Llc
Bought by
323 North Street Llc
Seller's Agent
Gary Feldman
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Lucy Nichols
Aspen Snowmass Properties
List Price
$6,200,000
Sold Price
$5,375,000
Premium/Discount to List
-$825,000
-13.31%
Current Estimated Value
$9,959,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,584,805
Avg. Annual Appreciation
7.31%

Purchase Details

Closed on
Jul 30, 2007
Sold by
Mullen Tiffany
Bought by
323 N Fifth Street Llc

Purchase Details

Closed on
Feb 16, 2007
Sold by
Mullen Michel
Bought by
Mullen Tiffany

Purchase Details

Closed on
Feb 14, 2001
Sold by
Mullen Michael
Bought by
Mullen Michel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.98%
Mortgage Type
Construction
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 Buyer Sale Price Title Company
323 North Street Llc $5,375,000 None Available
323 N Fifth Street Llc $5,750,000 None Available
Mullen Tiffany -- None Available
Mullen Michel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 323 N Fifth Street Llc $3,375,000
Previous Owner 323 N Fifth Street Llc $3,500,000
Previous Owner Mullen Michel $500,000
Previous Owner Mullen Michel L $2,700,000
Previous Owner Mullen Michel $2,158,900
Previous Owner Mullen Michel $500,000
Previous Owner Mullen Michel $2,160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2016 10/26/16 Sold $5,375,000 -13.3% $1,536 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
05/21/2014 05/21/14 For Sale $6,200,000 -- $1,772 / 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 $23,227 $706,510 $368,820 $337,690
2023 $23,227 $716,070 $373,810 $342,260
2022 $17,218 $469,630 $235,710 $233,920
2021 $17,143 $483,140 $242,490 $240,650
2020 $15,026 $420,580 $223,350 $197,230
2019 $15,026 $420,580 $223,350 $197,230
2018 $14,594 $423,510 $224,910 $198,600
2017 $12,877 $404,860 $218,480 $186,380
2016 $14,855 $457,470 $234,450 $223,020
2015 $14,664 $457,470 $234,450 $223,020
2014 $11,289 $336,560 $227,340 $109,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 134311

Aspen Glenwood MLS

APN: R000855