NOT LISTED FOR SALE

404 S Galena St Unit 301 Aspen, CO 81611

Estimated Value: $1,187,121 - $1,738,000

-- Bed
1 Bath
300 Sq Ft
$1,338/mo HOA Fee

Last Sold January 29, 2024

Last sale price $1,050,000 $3,500 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $8,766/month

214 Days on Market

Highlights

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

About This Home

As of January 2024

West facing units at the Independence Square are the most desirable and rarely come on the market. This cute studio has views looking down the Cooper Avenue pedestrian mall and enjoys beautiful sunsets. Super location in the heart of downtown Aspen one block to the Silver Queen gondola. Walk to all of Aspen's shops, restaurants, and nightlife. High ceilings, air conditioned, onsite management, popular rental. You will love the rooftop deck and jacuzzi.

Last Agent to Sell the Property

Dennis Jung

Aspen Snowmass Sotheby's International Realty - Durant Brokerage Phone: (970) 925-1100 License #EA.001006005 Listed on: 12/01/2023

Last Buyer's Agent

Dennis Jung

Frias Properties of Aspen

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,641

Year Built

  • Built in 1889

Lot Details

  • 305

HOA Fees

  • $1,338 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Brick Veneer
  • Membrane Roofing

Interior Spaces

  • 1 Full Bathroom
  • 300 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Property Views
  • Finished Basement

Outdoor Features

  • Spa
  • Patio

Utilities

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

Additional Features

  • Property is in good condition
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273718248016

Community Details

Overview

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

Amenities

  • Laundry Facilities

Recreation

  • Snow Removal

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,641

Year Built

Built in 1889

Lot Details

0

HOA Fees

$1,338 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Independence Square
  • Directions: On the corner of Cooper Street and Galena Street in the heart of Aspen.
  • Above Grade Finished Sq Ft: 300.0
  • Architectural Style: Other
  • Master Model: No
  • New Construction: No
  • Year Built: 1889
  • Tax Parcel Letter: R011884
  • Attribution Contact: (970) 925-1100
  • 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
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 1.0
  • Financing Info:Taxes2: 1641.0
  • Financing Info:Tax Year2: 2022
  • Extras:PatioDeck: Yes
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Roof:Membrane: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • HOA Fees Includes:Management: Yes
  • Condition:Good: Yes
  • Mineral Rights:No2: 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): 300.0
  • Laundry Facility:Common Area: Yes
  • Extras:Elevator: Yes
  • HOA Fees Includes:Unit Electric: Yes
  • HOA Fees Includes:Unit Heat: Yes
  • Substructure:Finished Basement: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Cooling:AC: Yes
  • Exterior:Brick Veneer: Yes
  • Construction Brick: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 16060.0
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Finished
  • Full Bathrooms: 1
  • Interior Amenities: Elevator
  • Living Area: 300.0
  • Style Other: Yes

Exterior Features

  • Disclosures: 1031 Exchange
  • Construction Type: Brick Veneer, Brick
  • Property Condition: Good
  • Roof: Membrane

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, Natural Gas, Baseboard
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Amenities: Front Desk
  • Association Fee: 4015.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 4015.0
  • Financing Info:Association Fee Frequency2: Quarterly
  • HOA Amenities:Front Desk: Yes

Fee Information

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

Lot Info

  • Parcel #: 273718248016
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 1641.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Jan 29, 2024
Sold by
Black Hawk Aspen Llc
Bought by
Terabay Pty Limited
Seller's Agent
Dennis Jung
Aspen Snowmass Sotheby's International Realty - Durant
Buyer's Agent
Dennis Jung
Aspen Snowmass Sotheby's International Realty - Durant
List Price
$1,250,000
Sold Price
$1,050,000
Premium/Discount to List
-$200,000
-16%
Views
27
Current Estimated Value
$1,367,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,280
Avg. Annual Appreciation
17.02%

Purchase Details

Closed on
Apr 30, 1998
Bought by
Black Hawk Aspen Llc
Source: Public Records

Range of Values:

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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
Terabay Pty Limited $1,050,000 None Listed On Document
Black Hawk Aspen Llc $136,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2024 01/29/24 Sold $1,050,000 -4.5% $3,500 / Sq Ft
08/07/2023 08/07/23 Price Changed $1,099,000 -4.4% $3,663 / Sq Ft
07/07/2023 07/07/23 Price Changed $1,150,000 -8.0% $3,833 / Sq Ft
06/07/2023 06/07/23 For Sale $1,250,000 -- $4,167 / 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 $2,396 $72,880 $0 $72,880
2023 $2,396 $76,300 $0 $76,300
2022 $1,641 $44,760 $0 $44,760
2021 $1,634 $46,050 $0 $46,050
2020 $1,342 $37,570 $0 $37,570
2019 $1,342 $37,570 $0 $37,570
2018 $1,184 $37,830 $0 $37,830
2017 $1,045 $32,850 $0 $32,850
2016 $928 $28,580 $0 $28,580
2015 $916 $28,580 $0 $28,580
2014 $872 $26,000 $0 $26,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 179584

Aspen Glenwood MLS

APN: R011884