NOT LISTED FOR SALE

404 S Galena St Unit 307 Aspen, CO 81611

Estimated Value: $1,212,734 - $1,710,000

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

Last Sold February 23, 2024

Last sale price $1,125,000 $3,750 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $8,828/month

43 Days on Market

Highlights

  • Spa
  • Contemporary Architecture
  • Brick or Stone Mason
  • Aspen Middle School Rated A-
  • Furnished
  • 2-minute walk to Wagner Park Playground

About This Home

As of February 2024

Discover the epitome of urban rustic elegance in this luxury loft condo nestled within the historic Independence Building in downtown Aspen. Adorned with hardwood floors, this residence seamlessly combines historic charm with modern luxury. Marvel at stunning views up Independence Pass from the comfort of your living space and unwind on the rooftop patio, complete with a hot tub and panoramic vistas. Embrace the allure of city living while savoring the serenity of mountain views in this unique Aspen retreat.The Independence Square building puts you in the middle of the action with Casa Tua to the west; Paradise Bakery to the north; Betuala to the east; and The Bellyup right next door. Great for a full time resident or investor. No rental restrictions.

Last Agent to Sell the Property

Joshua Landis

Christie's International Real Estate Aspen Snowmass Brokerage Phone: (970) 544-5800 License #FA100005269 Listed on: 12/01/2023

Last Buyer's Agent

Joshua Landis

Aspen Real Estate Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,723

Year Built

  • Built in 1889

Lot Details

  • East Facing Home
  • Property is in excellent condition

HOA Fees

  • $1,338 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Contemporary Architecture
  • Brick or Stone Mason
  • Membrane Roofing

Interior Spaces

  • 1 Full Bathroom
  • 300 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Low Emissivity Windows
  • Window Treatments
  • Laundry in Basement
  • Laundry Room
  • Property Views

Kitchen

  • Stove
  • Microwave

Utilities

  • Evaporated cooling system
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Water Rights Not Included
  • Internet Available
  • Cable TV Available

Additional Features

  • Spa
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273718248022

Community Details

Overview

  • Association fees include contingency fund, management, sewer, insurance, water, trash, snow removal, ground maintenance, electricity, cable TV, internet
  • Independence Square Subdivision
  • On-Site Maintenance

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

$1,723

Year Built

Built in 1889

Lot Details

0

HOA Fees

$1,338 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Refrigerator, Window Coverings, Stove Top, Microwave
  • Subdivision Name: Independence Square
  • Directions: Corner of Cooper and Galena above Ralph Lauren store and across from Paradise Bakery.
  • Architectural Style: Other, Contemporary
  • Master Model: No
  • New Construction: No
  • Year Built: 1889
  • Tax Parcel Letter: R011890
  • Attribution Contact: (970) 544-5800
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: CC
  • General Info:Main Floor Master: Yes
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • General Info:Levels: 1.0
  • Financing Info:Taxes2: 1723.1
  • Financing Info:Tax Year2: 2022
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Inclusions:Microwave: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Roof:Membrane: Yes
  • Water Rights:No3: Yes
  • HOA Fees Includes:Management: Yes
  • Mineral Rights:No2: 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
  • Laundry Facility:Common Area: Yes
  • HOA Fees Includes:Unit Electric: Yes
  • General Info:Unit Faces: East
  • Inclusions:Stove Top: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Energy Efficiency:Low Emissivity Windows: Yes
  • HOA Fees Includes:Internet: Yes
  • Construction Brick: Yes
  • Exclusions: Personal property of the seller. An inventory list shall be provided to Buyer within 5 days of MEC.
  • Gas:None3: Yes
  • Laundry Facility:In Basement: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 16056.0
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 1
  • Living Area: 300.0
  • Window Features: Low Emissivity Windows
  • Style Other: Yes

Exterior Features

  • Construction Type: Other, Brick
  • Direction Faces: East
  • Property Condition: Excellent
  • Roof: Membrane

Garage/Parking

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

Utilities

  • Laundry Features: In Basement, Common Area, Inside
  • Cooling: Evaporative Cooling
  • Cooling Y N: Yes
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Amenities: Front Desk
  • Association Fee: 1338.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 1338.0
  • Financing Info:Association Fee Frequency2: Monthly
  • HOA Amenities:Front Desk: Yes

Fee Information

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

Lot Info

  • Parcel #: 273718248022
  • Zoning: CC

Tax Info

  • Tax Annual Amount: 1723.1
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Feb 21, 2024
Sold by
404 South Galena 307 Llc
Bought by
Aspen Independence Llc
Seller's Agent
Joshua Landis
Christie's International Real Estate Aspen Snowmass
Buyer's Agent
Joshua Landis
Christie's International Real Estate Aspen Snowmass
List Price
$1,125,000
Sold Price
$1,125,000
Views
68
Current Estimated Value
$1,377,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,184
Avg. Annual Appreciation
12.96%
Original Mortgage
$675,000
Outstanding Balance
$484,963
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$892,221

Purchase Details

Listed on
Jun 21, 2022
Closed on
Aug 23, 2022
Sold by
Single Asset Llc
Bought by
404 South Galena 307 Llc
Seller's Agent
Doug Nehasil
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Joshua Landis
Christie's International Real Estate Aspen Snowmass
List Price
$1,050,000
Sold Price
$1,010,000
Premium/Discount to List
-$40,000
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$375,000
Interest Rate
5.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Mar 3, 2021
Closed on
Mar 25, 2021
Sold by
Aq Aspen Llc
Bought by
Single Asset Llc
Seller's Agent
Nancy Patton
Compass Aspen
Buyer's Agent
Doug Nehasil
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$619,000
Sold Price
$644,019
Premium/Discount to List
$25,019
4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.59%

Purchase Details

Listed on
Mar 9, 2019
Closed on
Apr 30, 2019
Sold by
Carricarte Natalie
Bought by
Aq Aspen Llc
Seller's Agent
Michael Shook
Home Waters Real Estate Group
Buyer's Agent
Nancy Patton
Aspen Luxury Sales
List Price
$549,000
Sold Price
$510,000
Premium/Discount to List
-$39,000
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.07%
Original Mortgage
$382,567
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 25, 2016
Closed on
May 17, 2017
Sold by
Carricarte Michael and Carricarte Natalie
Bought by
Carricarte Natalie
Seller's Agent
Laurie Laing
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Michael Shook
Home Waters Real Estate Group
List Price
$549,000
Sold Price
$510,000
Premium/Discount to List
-$39,000
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Listed on
Jan 8, 2014
Closed on
Mar 14, 2014
Sold by
Ronchetto Lynn A
Bought by
Aspen Mountain Fun Llc
Seller's Agent
James Bineau
Coldwell Banker Mason Morse-Aspen
Buyer's Agent
Laurie Laing
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.16%
Original Mortgage
$225,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Aspen Independence Llc $1,125,000 Attorneys Title
404 South Galena 307 Llc -- Land Title
Single Asset Llc $644,019 Title Company Of The Rockies
Aq Aspen Llc $510,100 None Available
Carricarte Natalie $510,000 Stewart Title
Carricarte Michael $510,000 Stewart Title
Aspen Mountain Fun Llc $300,000 Attorneys Title Agency Aspen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aspen Independence Llc $675,000
Previous Owner 404 South Galena 307 Llc $375,000
Previous Owner Aq Aspen Llc $382,567
Previous Owner Aspen Mountain Fun Llc $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2024 02/23/24 Sold $1,125,000 +3.2% $3,750 / Sq Ft
01/02/2024 01/02/24 Price Changed $1,090,000 -3.1% $3,633 / Sq Ft
12/01/2023 12/01/23 For Sale $1,125,000 +11.4% $3,750 / Sq Ft
08/23/2022 08/23/22 Sold $1,010,000 -3.8% $3,367 / Sq Ft View Prior Sale
07/28/2022 07/28/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $1,050,000 +63.0% $3,500 / Sq Ft
03/25/2021 03/25/21 Sold $644,019 +4.0% $2,147 / Sq Ft View Prior Sale
03/08/2021 03/08/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $619,000 +21.4% $2,063 / Sq Ft
04/30/2019 04/30/19 Sold $510,000 -7.1% $1,700 / Sq Ft View Prior Sale
03/21/2019 03/21/19 Pending -- -- --
03/14/2018 03/14/18 For Sale $549,000 +7.6% $1,830 / Sq Ft
05/17/2017 05/17/17 Sold $510,000 -7.1% $1,700 / Sq Ft View Prior Sale
04/24/2017 04/24/17 Pending -- -- --
04/25/2016 04/25/16 For Sale $549,000 +83.0% $1,830 / Sq Ft
03/14/2014 03/14/14 Sold $300,000 -7.7% $1,000 / Sq Ft View Prior Sale
02/07/2014 02/07/14 Pending -- -- --
01/08/2014 01/08/14 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 $2,522 $76,710 $0 $76,710
2023 $2,522 $80,160 $0 $80,160
2022 $1,723 $47,000 $0 $47,000
2021 $1,716 $48,360 $0 $48,360
2020 $1,409 $39,450 $0 $39,450
2019 $1,409 $39,450 $0 $39,450
2018 $1,244 $39,720 $0 $39,720
2017 $1,097 $34,500 $0 $34,500
2016 $975 $30,010 $0 $30,010
2015 $962 $30,010 $0 $30,010
2014 $872 $26,000 $0 $26,000
Source: Public Records

Agents Affiliated with this Home

  • Joshua Landis

    Seller's Agent in 2024

    Joshua Landis

    Christie's International Real Estate Aspen Snowmass

    (970) 948-9485

    25 in this area

    45 Total Sales

    Joshua Landis
    Section Image
  • Doug Nehasil

    Seller's Agent in 2022

    Doug Nehasil

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 379-1148

    37 in this area

    84 Total Sales

    Doug Nehasil
    Section Image

  • K

    Seller Co-Listing Agent in 2022

    Kristen Maley

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 948-1605

    37 in this area

    87 Total Sales

    Kristen Maley
    Section Image

  • N

    Seller's Agent in 2021

    Nancy Patton

    Compass Aspen

  • L

    Seller Co-Listing Agent in 2021

    Lance Hughes

    Compass Aspen

  • D

    Buyer's Agent in 2021

    Douglas Nehasil

    Aspen Snowmass Properties

See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 181834

Aspen Glenwood MLS

APN: R011890

Colorado Pitkin County Aspen 81611

404 S Galena St Unit 307, Aspen, CO

This home is located at 404 S Galena St Unit 307, Aspen, CO 81611 since 01 December 2023 and is currently estimated at $1,377,184, approximately $4,590 per square foot. This property was built in 1889. 404 S Galena St Unit 307 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.

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