NOT LISTED FOR SALE

431-433 W Hallam St Aspen, CO 81611

Estimated Value: $5,207,000

0.14 Acre
$37,192,857 Price per Acre
6,073 Sq Ft Lot

Last Sold May 04, 2015

Last sale price $3,712,500 $1,973 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $31,417/month

151 Days on Market

Highlights

  • Corner Lot
  • Aspen Middle School Rated A-
  • No HOA

About This Lot

As of May 2015

Corner lot on Hallam Street with nearly 90' of Hallam frontage. Community stream flows between the property and 4th Street. Views to the south of Ajax and Shadow Mountain, to the north of Red mountain. Existing Duplex is livable or can be demolished. Great site for a single family home, and possibility to rebuild as a duplex. Price includes conceptual house designs from Zone 4 Architects - 7 bedrooms + an indoor sport court!

Last Agent to Sell the Property

Andrew Ernemann

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA100028587 Listed on: 10/31/2014

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Last Buyer's Agent

Minette Stapleton

Coldwell Banker Mason Morse-Aspen License #FA100001704

Coldwell Banker Mason Morse-Aspen

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,666

Lot Details

  • 6,073 Sq Ft Lot
  • Corner Lot
  • Level Lot

Additional Features

  • Mineral Rights Excluded
  • Water Rights Not Included

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 273512433001

Property Details

Property Type

Land

Est. Annual Taxes

$6,666

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 0.14
  • Subdivision Name: None
  • Directions: Located on the southeast corner of 4th Street and Hallam Street in the West End neighborhood of Aspen.
  • Tax Parcel Letter: R000744
  • Attribution Contact: (970) 925-6060
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • Financing Info:Taxes2: 6666.48
  • Financing Info:Tax Year2: 2013
  • Sanitation:Sewer: Yes
  • Mineral Rights:No2: Yes
  • Lot Description:Flat: Yes
  • Water Rights:None6: Yes
  • Lot Description:Corner Lot2: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Utilities

  • Utilities: Natural Gas Available
  • Water Source: Public

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 6073.0
  • Parcel #: 273512433001
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6666.48
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2014
Closed on
May 4, 2015
Sold by
Dh Hallam Llc
Bought by
The Connery Family Trust
Seller's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Minette Stapleton
Coldwell Banker Mason Morse-Aspen
List Price
$4,895,000
Sold Price
$3,712,500
Premium/Discount to List
-$1,182,500
-24.16%
Current Estimated Value
$5,207,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,494,500
Avg. Annual Appreciation
3.24%
Original Mortgage
$1,999,999
Outstanding Balance
$1,519,198
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,687,802

Purchase Details

Listed on
Oct 4, 2012
Closed on
Dec 28, 2012
Sold by
Walnut Creek Ranch Llc
Bought by
Hallam Llc
Seller's Agent
Tracy Eggleston
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Andrew Ernemann
Aspen Snowmass Properties
List Price
$3,000,000
Sold Price
$2,550,000
Premium/Discount to List
-$450,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.33%
Original Mortgage
$1,000,000
Interest Rate
3.37%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Connery Family Trust $3,712,500 Title Company Of The Rockies
Hallam Llc $2,550,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Connery Family Trust $1,999,999
Previous Owner Hallam Llc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2015 05/04/15 Sold $3,712,500 -24.2% $1,973 / Sq Ft
03/31/2015 03/31/15 Pending -- -- --
10/31/2014 10/31/14 For Sale $4,895,000 +92.0% $2,601 / Sq Ft
12/28/2012 12/28/12 Sold $2,550,000 -15.0% $1,355 / Sq Ft View Prior Sale
11/01/2012 11/01/12 Pending -- -- --
10/04/2012 10/04/12 For Sale $3,000,000 -- $1,594 / 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 $48,337 $1,470,320 $473,680 $996,640
2023 $48,337 $1,487,280 $479,140 $1,008,140
2022 $32,893 $897,190 $295,550 $601,640
2021 $11,962 $337,130 $304,050 $33,080
2020 $8,837 $247,350 $218,790 $28,560
2019 $8,837 $247,350 $218,790 $28,560
2018 $9,060 $249,080 $220,320 $28,760
2017 $7,994 $251,340 $220,320 $31,020
2016 $8,954 $275,750 $243,580 $32,170
2015 $8,839 $275,750 $243,580 $32,170
2014 $6,808 $202,980 $199,000 $3,980
Source: Public Records

Agents Affiliated with this Home

  • Andrew Ernemann

    Seller's Agent in 2015

    Andrew Ernemann

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 379-8125

    19 in this area

    23 Total Sales

    Andrew Ernemann
    Section Image

  • M

    Buyer's Agent in 2015

    Minette Stapleton

    Coldwell Banker Mason Morse-Aspen

    (970) 379-1850

    3 in this area

    4 Total Sales

    Minette Stapleton
    Section Image
  • Tracy Eggleston

    Seller's Agent in 2012

    Tracy Eggleston

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 948-7130

    Tracy Eggleston
    Section Image

  • B

    Seller Co-Listing Agent in 2012

    Bubba Eggleston

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 309-9291

    Bubba Eggleston
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 132161

Aspen Glenwood MLS

APN: R000744

Colorado Pitkin County Aspen 81611

431-433 W Hallam St, Aspen, CO

Not Listed for Sale

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