NOT LISTED FOR SALE

404 S Galena St Unit 212 Aspen, CO 81611

Estimated Value: $950,694 - $1,450,000

-- Bed
1 Bath
300 Sq Ft
$1,223/mo HOA Fee

Last Sold June 10, 2019

Last sale price $575,000 $1,917 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $7,444/month

71 Days on Market

Highlights

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

About This Home

As of June 2019

Beautifully remodeled 2nd floor condo located in downtown Aspen right on the mall and only one block to the Gondola. Close to shops, restaurants and Aspen nightlife. Roof top hot tub and deck with views of Aspen Mtn. Complimentary continental breakfast for Owners and Renters. Ski lockers/storage. On-site Management.

Last Agent to Sell the Property

Dean Gresk

ENGEL & VOLKERS Brokerage Phone: (970) 925-8400 License #FA.40017554 Listed on: 02/20/2019

ENGEL & VOLKERS

Last Buyer's Agent

Doug Nehasil

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #EA1318349

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,017

Year Built

  • Built in 1889

Lot Details

  • South Facing Home
  • Southern Exposure
  • Property is in good condition

HOA Fees

  • $1,223 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Brick Veneer
  • Frame Construction
  • Membrane Roofing
  • Stone Siding
  • Stone

Interior Spaces

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

Outdoor Features

  • Spa
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 273718248013

Community Details

Overview

  • Association fees include management, sewer, unit heat, water, trash, snow removal, ground maintenance, electricity, cable TV
  • Independence Square Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Recreation

  • Ski Lockers
  • 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

$2,017

Year Built

Built in 1889

Lot Details

0

HOA Fees

$1,223 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.01
  • Inclusions: Window Coverings, Microwave
  • Subdivision Name: Independence Square
  • Directions: Corner of Galena St. and Cooper Ave. Downtown Aspen
  • Master Model: No
  • New Construction: No
  • Year Built: 1889
  • Tax Parcel Letter: R011881
  • Attribution Contact: (970) 925-8400
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Condo
  • General Info:Main Floor Master: Yes
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • General Info:Levels: 1.0
  • Financing Info:Taxes2: 2017.0
  • Financing Info:Tax Year2: 1200
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Microwave: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Roof:Membrane: Yes
  • Extras:Cable TV: Yes
  • HOA Fees Includes:Management: Yes
  • Miscellaneous:Under Construction3: No
  • Condition:Good: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Cable TV2: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: 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
  • Unit Faces:South: Yes
  • Extras:Outdoor Hot TubSpa: 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: 14680.0
  • Special Features: None

Interior Features

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

Exterior Features

  • Construction Type: Alt Framing Method, Brick Veneer, Stone, Frame, Brick
  • Property Condition: Good
  • Roof: Membrane
  • Construction:Frame: Yes
  • Construction:Stone: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • Keywords Info:Garage: None
  • Parking Area:None5: Yes

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

  • Amenities: Management, Front Desk, Locker Ski Storage, Pets Allowed/Owner
  • Association Fee: 14680.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 14680.0
  • Financing Info:Association Fee Frequency2: Annually
  • HOA Amenities:Pets AllowedOwner: Yes
  • Location Amenities:Exposure Southern: Yes
  • HOA Amenities:Front Desk: Yes
  • HOA Amenities:Locker Ski Storage: Yes
  • HOA Amenities:Management2: Yes

Fee Information

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

Lot Info

  • Lot Size Sq Ft: 300.0
  • Parcel #: 273718248013
  • Zoning: Condo
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2017.0
  • Tax Year: 1200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2019
Closed on
Jun 10, 2019
Sold by
Israel Family Aspen I Llc
Bought by
Christine Ann Lyon Rhoades Living Trust
Seller's Agent
Dean Gresk
ENGEL & VOLKERS
Buyer's Agent
Doug Nehasil
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%
Current Estimated Value
$1,141,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$566,424
Avg. Annual Appreciation
11.42%

Purchase Details

Listed on
May 9, 2018
Closed on
May 1, 2018
Sold by
Cramer Robert W
Bought by
Israle Family Aspen I Llc
Seller's Agent
Dean Gresk
ENGEL & VOLKERS
Buyer's Agent
Dean Gresk
ENGEL & VOLKERS
List Price
$495,000
Sold Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.45%

Purchase Details

Listed on
Feb 21, 2014
Closed on
May 16, 2014
Sold by
Lyster Barbara
Bought by
Cramer Robert W
Seller's Agent
Kim McKinley
McKinley Home
Buyer's Agent
Dean Gresk
ENGEL & VOLKERS
List Price
$325,000
Sold Price
$324,000
Premium/Discount to List
-$1,000
-0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%
Original Mortgage
$224,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 9, 2011
Sold by
Karen Lynn Holdings Aspen Llc
Bought by
Lyster Barbara

Purchase Details

Closed on
Mar 25, 2007
Sold by
Aspen Galena Llc
Bought by
Karen Lynn Holdings Aspen Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2005
Sold by
Griffin Tim and Griffin Timothy P
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
$151,920
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Christine Ann Lyon Rhoades Living Trust $575,000 None Available
Israle Family Aspen I Llc $495,000 None Available
Cramer Robert W $324,000 Multiple
Lyster Barbara $265,000 Stewart Title
Karen Lynn Holdings Aspen Llc $345,000 Stewart Title Of Colorado In
Brown Aaron M $189,900 Stewart Title Of Aspen Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cramer Robert W $224,000
Previous Owner Karen Lynn Holdings Aspen Llc $276,000
Previous Owner Brown Aaron M $151,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2019 06/10/19 Sold $575,000 -4.0% $1,917 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
02/20/2019 02/20/19 For Sale $599,000 +21.0% $1,997 / Sq Ft
05/09/2018 05/09/18 For Sale $495,000 0.0% $1,650 / Sq Ft
05/01/2018 05/01/18 Sold $495,000 +52.8% $1,650 / Sq Ft View Prior Sale
04/30/2018 04/30/18 Pending -- -- --
05/16/2014 05/16/14 Sold $324,000 -0.3% $1,080 / Sq Ft View Prior Sale
04/18/2014 04/18/14 Pending -- -- --
02/21/2014 02/21/14 For Sale $325,000 -- $1,083 / 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 $2,252 $68,510 $0 $68,510
2023 $2,252 $71,880 $0 $71,880
2022 $1,548 $42,210 $0 $42,210
2021 $1,541 $43,420 $0 $43,420
2020 $1,265 $35,420 $0 $35,420
2019 $1,265 $35,420 $0 $35,420
2018 $1,116 $35,670 $0 $35,670
2017 $985 $30,970 $0 $30,970
2016 $795 $24,490 $0 $24,490
2015 $785 $24,490 $0 $24,490
2014 $748 $22,290 $0 $22,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 157943

Aspen Glenwood MLS

APN: R011881