NOT LISTED FOR SALE

409 Park Cir Unit 3 Aspen, CO 81611

Estimated Value: $2,495,718 - $3,649,000

3 Beds
3 Baths
1,646 Sq Ft
1,655 Sq Ft Lot

Last Sold May 31, 2017

Last sale price $1,218,750 $740 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $15,497/month

291 Days on Market

Highlights

  • Contemporary Architecture
  • Views
  • Courtesy Bus
  • Aspen Middle School Rated A-
  • Resident Manager or Management On Site
  • 2-minute walk to Henry Stein Park

About This Home

As of May 2017

Great income property. Currently rented as two separate units. Easy walk to town and right on bus route. Both units rent for $4600 a month long term.

Great remodel potential and great investment property.

Last Agent to Sell the Property

Adam Rothberg

Compass Aspen Brokerage Phone: 970-925-6063 License #ER.040007542 Listed on: 06/15/2016

Last Buyer's Agent

non- member

Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,151

Year Built

  • Built in 1975

Lot Details

  • South Facing Home
  • Southern Exposure
  • Landscaped with Trees
  • Property is in good condition

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,646 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Property Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • 2 Car Parking Spaces
  • Assigned Parking

Location

  • Mineral Rights Excluded

Utilities

  • No Cooling
  • Baseboard Heating
  • Water Rights Not Included
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 273707408003

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include contingency fund, management, sewer, insurance, water, trash, snow removal, ground maintenance
  • Park Subdivision
  • On-Site Maintenance

Amenities

  • Courtesy Bus
  • Laundry Facilities

Recreation

  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,151

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Ceiling Fan, Dryer, Washer, Window Coverings, Satellite Dish, Microwave, Dishwasher
  • Subdivision Name: Park
  • Directions: Hwy 82 to Park. Rt on Park Cir. Complex is on the left. unit 3a and 3b.
  • Architectural Style: Contemporary
  • Master Model: No
  • New Construction: No
  • Year Built: 1975
  • Tax Parcel Letter: R008759
  • Attribution Contact: 970-925-6063
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: condo
  • 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: Yes
  • Financing Info:Taxes2: 2151.0
  • Financing Info:Tax Year2: 2015
  • Extras:Landscaping: Yes
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Substructure:Slab: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • HOA Fees Includes:Management: Yes
  • Condition:Good: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: 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
  • Unit Faces:South: Yes
  • Inclusions:Satellite Dish: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 1646.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Other, Frame, Block
  • Foundation Details: Slab
  • Property Condition: Good
  • Roof: Composition
  • Construction:Frame: Yes
  • Construction:Concrete Block: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car, Assigned
  • Keywords Info:Garage: None
  • Parking Area:_two_ Car2: Yes
  • Parking Area:Assigned2: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Amenities: Bus/ShuttleService, Pets Allowed/Owner, Pets Allowed/Renter
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • HOA Amenities:BusShuttleService: Yes

Fee Information

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

Lot Info

  • Parcel #: 273707408003
  • Zoning: condo

Tax Info

  • Tax Annual Amount: 2151.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2016
Closed on
May 31, 2017
Sold by
Aes Investments Llc
Bought by
Cmtr Llc
Seller's Agent
Adam Rothberg
Compass Aspen
Buyer's Agent
non- member
Non-Member Office
List Price
$1,250,000
Sold Price
$1,218,750
Premium/Discount to List
-$31,250
-2.5%
Current Estimated Value
$2,879,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,661,180
Avg. Annual Appreciation
11.33%

Purchase Details

Listed on
Nov 5, 2013
Closed on
Mar 9, 2015
Sold by
K A & M Pitkin Partners Llc
Bought by
Aes Investments Llc
Seller's Agent
Carter Budwell
Aspen Snowmass Sotheby's International Realty-Basalt
Buyer's Agent
Adam Rothberg
Adam Rothberg Real Estate Company
List Price
$1,299,000
Sold Price
$1,035,000
Premium/Discount to List
-$264,000
-20.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%

Purchase Details

Closed on
Jul 12, 2012
Sold by
Lorentzen Amy L
Bought by
K A & M Pitkin Partners Llc

Purchase Details

Closed on
Mar 31, 2006
Sold by
Stirling Rebecca R
Bought by
Lorentzen Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.24%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 29, 2004
Sold by
Bright Galen
Bought by
Stirling Rebecca R
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
Cmtr Llc $1,218,800 Stewart Title
Aes Investments Llc $1,035,000 Stewart Title
K A & M Pitkin Partners Llc $720,000 Stewart Title
Lorentzen Amy L $1,050,000 Land Title Guarantee Company
Stirling Rebecca R $815,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lorentzen Amy L $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $1,218,750 -2.5% $740 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
06/15/2016 06/15/16 For Sale $1,250,000 +20.8% $759 / Sq Ft
03/09/2015 03/09/15 Sold $1,035,000 -20.3% $629 / Sq Ft
02/06/2015 02/06/15 Pending -- -- --
11/05/2013 11/05/13 For Sale $1,299,000 -- $789 / 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 $3,461 $105,280 $0 $105,280
2023 $3,461 $109,010 $0 $109,010
2022 $3,918 $106,860 $0 $106,860
2021 $3,901 $109,930 $0 $109,930
2020 $3,504 $98,080 $0 $98,080
2019 $3,504 $98,080 $0 $98,080
2018 $2,881 $98,760 $0 $98,760
2017 $2,542 $79,910 $0 $79,910
2016 $2,180 $67,120 $0 $67,120
2015 $2,151 $67,120 $0 $67,120
2014 $2,354 $70,180 $0 $70,180
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Adam Rothberg

    Compass Aspen

  • n

    Buyer's Agent in 2017

    non- member

    Non-Member Office

  • C

    Seller's Agent in 2015

    Carter Budwell

    Aspen Snowmass Sotheby's International Realty-Basalt

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Map

Source: Aspen Glenwood MLS

MLS Number: 144590

Aspen Glenwood MLS

APN: R008759

Colorado Pitkin County Aspen 81611

409 Park Cir Unit 3, Aspen, CO

This home is located at 409 Park Cir Unit 3, Aspen, CO 81611 since 15 June 2016 and is currently estimated at $2,879,930, approximately $1,749 per square foot. This property was built in 1975. 409 Park Cir Unit 3 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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