NOT LISTED FOR SALE

411 S Monarch St Unit DB1 Aspen, CO 81611

Estimated Value: $3,088,000 - $8,174,000

3 Beds
3.5 Baths
2,060 Sq Ft
2,047 Sq Ft Lot

Last Sold March 29, 2018

Last sale price $825,000 $400 Per Sq Ft

Est. 662% increase in value since last sale

Current estimated payment $36,314/month

60 Days on Market

Highlights

  • Health Club
  • Newly Remodeled
  • Ski Lockers
  • Aspen Middle School Rated A-
  • Spa
  • 1-minute walk to Wagner Park

About This Home

As of March 2018

Dancing Bear Aspen, A Timbers Residence Club, is the ultimate second home ownership opportunity in this famed Rocky Mountain town. Nestled in the heart of downtown Aspen, Dancing Bear Aspen is only steps to world-class shopping and dining, to leafy trails, to secluded trout streams, to the ever-vibrant Wagner Park, and best of all to the Silver Queen Gondola and the bountiful powder of Colorado's most renowned ski slopes. Ownership here is a rare and thoughtful way to own a second home in the world's most celebrated ski town.

Price of $840,000 includes membership cost of TRP (Timbers Reciprocity Program) valued at $35,000 and two (2) years equivalency of Homeowner's Dues paid as a credit to Buyer at closing.Residences:

Downtown Aspen location

Intimate private residence club with only 19 luxurious 3-bedroom, 3 1/2 bath residences

Approximately 2,000 square feet


World-Class Amenities:

Panoramic rooftop deck with fire pits and hot tubs

State-of-the-art fitness facility

Private theater/screening room

Wine cellar/private dining room

Game Room for adults and kids of all ages

Rejuvenation Spa

The Monarch is a Colorado steak house located in Dancing Bear's lobby and providing in-room dining


Personalized Service:

Personalized Concierge Services

Thoughtful service by a caring staff that anticipates the needs of Owners ensuring a relaxing and effortless getaway and Ownership experience

Owner year-round storage


Options:

3 winter weeks & 3 summer weeks

Unlimited space-available and short notice use


Reciprocity:

Owners have access to the Timbers Reciprocity Program and may exchange their weeks for travel to destinations around the world including Napa, Mexico, Kaua'i and Tuscany Residences:
Downtown Aspen location
Intimate private residence club with only 19 luxurious 3-bedroom, 3 1/2 bath residences
Approximately 2,000 square feet

World-Class Amenities:
Panoramic rooftop deck with fire pits and hot tubs
State-of-the-art fitness facility
Private theater/screening room
Wine cellar/private dining room
Game Room for adults and kids of all ages
Rejuvenation Spa
The Monarch is a Colorado steak house located in Dancing Bear's lobby and providing in-room dining

Personalized Service:
Personalized Concierge Services
Thoughtful service by a caring staff that anticipates the needs of Owners ensuring a relaxing and effortless getaway and Ownership experience
Owner year-round storage

Options:
3 winter weeks & 3 summer weeks
Unlimited space-available and short notice use

Reciprocity:
Owners have access to the Timbers Reciprocity Program and may exchange their weeks for travel to destinations around the world including Napa, Mexico, Kaua'i and Tuscany

Last Agent to Sell the Property

Dayna Horton

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA40029579 Listed on: 12/23/2017

Last Buyer's Agent

Dayna Horton

Compass Aspen

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,163

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

Home Design

  • Fractional Ownership
  • Contemporary Architecture
  • Brick or Stone Mason
  • Frame Construction
  • Metal Roof
  • Stone Siding

Interior Spaces

  • 2,060 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Multiple Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Home Security System
  • Property Views
  • Finished Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Common or Shared Parking
  • Assigned Parking

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Spa
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 273718219026

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include contingency fund, insurance, management, sewer, unit heat, water, trash, snow removal, ground maintenance, electricity, cable TV
  • Dancing Bear Residences Subdivision
  • On-Site Maintenance

Amenities

  • Restaurant
  • Courtesy Bus

Recreation

  • Health Club
  • 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

$19,163

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Fractional
  • Inclusions: Dishwasher, Freezer, Oven, Refrigerator, Window Coverings, Washer, Range, Microwave, Dryer
  • Subdivision Name: Dancing Bear Residences
  • Directions: From Main Street heading east into town, take a right on Monarch Street; on the corner of Durant & Monarch, right next to Wagner Park.
  • Above Grade Finished Sq Ft: 2060.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 2016
  • Tax Parcel Letter: R021309
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Yes
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: Yes
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Condition:New: Yes
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 1.0
  • General Info:Short Termable: No
  • Financing Info:Tax Year2: 2017
  • Extras:Hot TubSpa: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • HOA Fees Includes:Management: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Cable TV2: 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): 2060.0
  • General Info:Under Construction: No
  • Electric:Yes5: Yes
  • Extras:Elevator: Yes
  • HOA Fees Includes:Insurance2: Yes
  • HOA Fees Includes:Unit Electric: Yes
  • HOA Fees Includes:Unit Heat: Yes
  • Substructure:Finished Basement: Yes
  • Inclusions:Oven: Yes
  • Cooling:Central AC: Yes
  • Inclusions:Freezer: Yes
  • Roof:Metal: Yes
  • Extras:Handicap Access: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: More Than One, Gas
  • Fireplace: Yes
  • Interior Amenities: Elevator
  • Living Area: 2060.0
  • Fireplace:More Than One: Yes
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Corner Lot, Landscaped
  • Construction Type: Stone Veneer, Stone, Frame
  • Property Condition: Excellent, New Construction
  • Roof: Metal
  • Construction:Frame: Yes
  • Construction:Stone: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Keywords Info:Garage: Common
  • Parking Area:Assigned2: Yes

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Forced Air
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Amenities: Management, Front Desk, Locker Ski Storage, Pets Allowed/Owner, Bus/Shuttel Service, On-Site Athletic Clb, On-Site Restaurant
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • Location Amenities:Corner Lot: Yes
  • Location Amenities:Trees: Yes
  • HOA Amenities:BusShuttel Service: Yes
  • HOA Amenities:Front Desk: Yes
  • HOA Amenities:Locker Ski Storage: Yes
  • HOA Amenities:Management2: Yes
  • HOA Amenities:On-Site Restaurant: Yes
  • HOA Amenities:On-Site Athletic Clb: Yes

Fee Information

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

Lot Info

  • Parcel #: 273718219026
  • Zoning: Residential

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2023
Sold by
Timm Dena
Bought by
Dena Timm Revocable Trust
Current Estimated Value
$6,286,026

Purchase Details

Closed on
Apr 5, 2023
Sold by
H Douglas Riley 2015 Revocable Trust
Bought by
Douglas Riley Family Trust

Purchase Details

Closed on
Mar 1, 2023
Sold by
Biegler Family Investments Llc
Bought by
Timm Dena

Purchase Details

Closed on
Apr 11, 2019
Sold by
Lipnick Family Llc
Bought by
Riley H Douglas

Purchase Details

Listed on
Dec 23, 2017
Closed on
Mar 29, 2018
Sold by
Erik J Cetrulo Revocable Trust
Bought by
Sjkt Llc
Seller's Agent
Dayna Horton
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Dayna Horton
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$840,000
Sold Price
$825,000
Premium/Discount to List
-$15,000
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.89%
Source: Public Records

Range of Values:

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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
Dena Timm Revocable Trust -- None Listed On Document
Douglas Riley Family Trust -- None Listed On Document
Timm Dena $1,300,000 Land Title
Riley H Douglas $925,000 Land Title Guarantee
Sjkt Llc $825,000 The Group Guaranteed Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2018 03/29/18 Sold $825,000 -1.8% $400 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
12/23/2017 12/23/17 For Sale $840,000 -- $408 / 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 $19,163 $582,900 $0 $582,900
2023 $19,163 $624,880 $0 $624,880
2022 $15,747 $429,510 $0 $429,510
2021 $15,679 $441,870 $0 $441,870
2020 $14,180 $396,900 $0 $396,900
2019 $14,180 $396,900 $0 $396,900
2018 $11,762 $399,680 $0 $399,680
2017 $10,378 $384,850 $0 $384,850
2016 $9,061 $279,040 $0 $279,040
2015 $8,944 $279,040 $0 $279,040
2014 $7,480 $222,990 $0 $222,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 151989

Aspen Glenwood MLS

APN: R021309