NOT LISTED FOR SALE

404 S Galena St Unit 207 Aspen, CO 81611

Estimated Value: $748,000 - $4,316,000

1 Bed
1 Bath
300 Sq Ft
$1,184/mo HOA Fee

Last Sold June 15, 2021

Last sale price $565,000 $1,883 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $10,498/month

111 Days on Market

Highlights

  • Spa
  • Victorian Architecture
  • Brick Veneer
  • Aspen Middle School Rated A-
  • Furnished
  • 2-minute walk to Wagner Park Playground

About This Home

As of June 2021

Fantastic opportunity to own a beautifully renovated studio condo in the Historic Independence Square Hotel. Located in the middle of downtown Aspen, this property is walking distance to everything Aspen has to offer - skiing, dining, shopping, hiking, etc! The Indy Square is a sought after vacation destination for renters and owners due to the ease of ownership. Owners have the option to live in the unit full time &/or join the rental program managed by Frias Properties. Extras include a breakfast buffet, ski storage lockers, a staffed front desk, common lounge areas plus an amazing roof top deck overlooking Aspen Mtn with a hot tub and fire pit. This condo has an excellent rental history and is sold turnkey. If you need more space, purchase together with unit #208-209 (MLS# 167183).

Last Agent to Sell the Property

Christy Clettenberg

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 License #FA100014334 Listed on: 03/26/2021

Coldwell Banker Mason Morse-Aspen

Last Buyer's Agent

Thomas Carr

Leverich and Carr Real Estate License #FA40018967

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,150

Year Built

  • Built in 1889

Lot Details

  • 305

HOA Fees

  • $1,184 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Victorian Architecture
  • Brick Veneer

Interior Spaces

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

Utilities

  • Air Conditioning
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Spa
  • Property is in excellent condition
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273718248009

Community Details

Overview

  • Association fees include management, sewer, unit heat, water, snow removal, electricity, cable TV
  • Independence Square Subdivision

Recreation

  • Snow Removal

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,150

Year Built

Built in 1889

Lot Details

0

HOA Fees

$1,184 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Refrigerator, Window Coverings, Microwave
  • Subdivision Name: Independence Square
  • Directions: Aspen Core at the corner of Cooper and Galena, across from Paradise Bakery and the pedestrian mall.
  • Architectural Style: Victorian
  • Master Model: No
  • New Construction: No
  • Year Built: 1889
  • Tax Parcel Letter: R011877
  • Attribution Contact: (970) 925-7000
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: residential
  • General Info:Main Floor Master: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Listing Info:ADU: No
  • General Info:Levels: 1.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 1150.4
  • Financing Info:Tax Year2: 2020
  • Extras:Hot TubSpa: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Microwave: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • HOA Fees Includes:Management: Yes
  • Miscellaneous:Under Construction3: No
  • Mineral Rights:No2: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Cable TV2: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Water: Yes
  • Laundry Facility:Common Area: Yes
  • Extras:Elevator: Yes
  • HOA Fees Includes:Unit Electric: Yes
  • HOA Fees Includes:Unit Heat: Yes
  • Cooling:AC: Yes
  • Exterior:Brick Veneer: Yes
  • Construction Brick: Yes
  • Gas:None3: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 14202.0
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 1
  • Interior Amenities: Elevator
  • Living Area: 300.0

Exterior Features

  • Construction Type: Brick Veneer, Brick
  • Property Condition: Excellent

Garage/Parking

  • Keywords Info:Garage: None

Utilities

  • Laundry Features: Common Area
  • Cooling: A/C
  • Cooling Y N: Yes
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association Fee: 3550.5
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 3550.5
  • Financing Info:Association Fee Frequency2: Quarterly

Fee Information

  • Association Fee Includes: Management, Sewer, Unit Heat, Water, Snow Removal, Electricity, Cable TV

Lot Info

  • Parcel #: 273718248009
  • Zoning: residential

Tax Info

  • Tax Annual Amount: 1150.4
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2024
Sold by
Im & Ay Llc
Bought by
Co Mgmt Llc
Current Estimated Value
$1,729,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,924,000
Outstanding Balance
$2,414,950
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
-$685,138

Purchase Details

Listed on
Mar 26, 2021
Closed on
May 11, 2021
Sold by
Indy207 Llc
Bought by
Im & Ay Llc
Seller's Agent
Christy Clettenberg
Coldwell Banker Mason Morse-Aspen
Buyer's Agent
Thomas Carr
Leverich and Carr Real Estate
List Price
$599,000
Sold Price
$565,000
Premium/Discount to List
-$34,000
-5.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.26%

Purchase Details

Listed on
Jul 21, 2017
Closed on
Apr 16, 2019
Sold by
Hammer Dru
Bought by
Indy207 Llc
Seller's Agent
Wendalin Whitman
Whitman Fine Properties
Buyer's Agent
Christy Clettenberg
Coldwell Banker Mason Morse-Aspen
List Price
$535,000
Sold Price
$483,750
Premium/Discount to List
-$51,250
-9.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%

Purchase Details

Closed on
Jun 23, 2016
Sold by
Independence Square Units Llc
Bought by
Hammer Dru

Purchase Details

Closed on
Dec 8, 2005
Sold by
Oliver James S and Oliver Louise K
Bought by
Aspen Galena Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 26, 2005
Sold by
Brown Aaron M
Bought by
Aspen Galena Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 4, 2005
Sold by
Thorpe Donald A and Ortner Ava K
Bought by
Brown Aaron M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Co Mgmt Llc $3,540,000 Land Title
Im & Ay Llc $565,000 Land Title
Indy207 Llc $483,750 None Available
Hammer Dru $1,000,000 Land Title Guarantee Company
Aspen Galena Llc $195,000 Stewart Title Of Aspen Inc
Aspen Galena Llc -- Stewart Title Of Aspen Inc
Brown Aaron M $192,500 Stewart Title Of Aspen Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Co Mgmt Llc $2,924,000
Previous Owner Aspen Galena Llc $156,000
Previous Owner Brown Aaron M $154,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2021 06/15/21 Sold $565,000 -5.7% $1,883 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
12/11/2020 12/11/20 For Sale $599,000 +23.8% $1,997 / Sq Ft
04/16/2019 04/16/19 Sold $483,750 -9.6% $1,613 / Sq Ft View Prior Sale
03/15/2019 03/15/19 Pending -- -- --
07/21/2017 07/21/17 For Sale $535,000 -- $1,783 / 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 $2,036 $61,930 $0 $61,930
2023 $2,036 $65,240 $0 $65,240
2022 $1,406 $38,360 $0 $38,360
2021 $1,401 $39,470 $0 $39,470
2020 $1,150 $32,200 $0 $32,200
2019 $1,150 $32,200 $0 $32,200
2018 $1,015 $32,420 $0 $32,420
2017 $1,791 $56,300 $0 $56,300
2016 $1,591 $48,990 $0 $48,990
2015 $1,570 $48,990 $0 $48,990
2014 $1,495 $44,570 $0 $44,570
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Christy Clettenberg

    Coldwell Banker Mason Morse-Aspen

    (970) 379-5589

    5 in this area

    39 Total Sales

    Christy Clettenberg
    Section Image

  • T

    Buyer's Agent in 2021

    Thomas Carr

    Leverich and Carr Real Estate

    (970) 379-9935

    141 in this area

    155 Total Sales

    Thomas Carr
    Section Image

  • W

    Seller's Agent in 2019

    Wendalin Whitman

    Whitman Fine Properties

    (970) 544-3771

    59 in this area

    68 Total Sales

    Wendalin Whitman
    Section Image
See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 167835

Aspen Glenwood MLS

APN: R011877

Colorado Pitkin County Aspen 81611

404 S Galena St Unit 207, Aspen, CO

This home is located at 404 S Galena St Unit 207, Aspen, CO 81611 since 26 March 2021 and is currently estimated at $1,729,812, approximately $5,766 per square foot. This property was built in 1889. 404 S Galena St Unit 207 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.

Nearby Homes