NOT LISTED FOR SALE

434 E Main St Unit 301 Aspen, CO 81611

Estimated Value: $2,273,000 - $3,583,000

1 Bed
2 Baths
945 Sq Ft
784 Sq Ft Lot

Last Sold February 28, 2014

Last sale price $1,225,000 $1,296 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $16,410/month

361 Days on Market

Highlights

  • Green Building
  • Contemporary Architecture
  • Steam Shower
  • Aspen Middle School Rated A-
  • Hydromassage or Jetted Bathtub
  • 1-minute walk to Aspen Skate Park

About This Home

As of February 2014

Contemporary downtown penthouse with fantastic views of Aspen Mountain & the Gondola. Step out your door and walk anywhere in Aspen's core. Elevated 16 foot arched ceilings with top to bottom windows give you beautiful views and all day sun. Top of the line finishes throughout, fireplace, marble kitchen, master bath with steam shower & Jacuzzi tub. Elegant walnut hardwood floors, new air conditioning, and an outdoor deck to enjoy Aspen Mountain. Wonderful Southern sun exposure.

Last Agent to Sell the Property

Thomas Hineline

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA100012032 Listed on: 01/08/2013

Co-Listed By

Zack Feast

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA100013108

Last Buyer's Agent

Andrew Ernemann

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA100028587

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,459

Year Built

  • Built in 2003

Lot Details

  • South Facing Home
  • Southern Exposure
  • Property is in excellent condition

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Metal Roof
  • Metal Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 945 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Gas Fireplace
  • Window Treatments
  • Property Views

Kitchen

  • Oven
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • ENERGY STAR Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Laundry

  • Laundry Room
  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Parking

  • Carport
  • No Garage
  • Common or Shared Parking

Utilities

  • Forced Air Heating and Cooling System
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Green Building
  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273707327008

Community Details

Overview

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

Recreation

  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,459

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: ASSHMA
  • Inclusions: Energy Star Oven, Energy Star Dishwash, Energy Star Refrig, Refrigerator, Window Coverings, Range, Energy Star Washer, Energy Star Range, Energy Star Dryer
  • Subdivision Name: Galena Lofts
  • Directions: South facing unit. Just past the Hotel Jerome going East on Main St. Make left on Galena, upper right penthouse unit.
  • Above Grade Finished Sq Ft: 945.0
  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2003
  • Tax Parcel Letter: R019100
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 2.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 2458.8
  • Financing Info:Tax Year2: 2011
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Substructure:Slab: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • HOA Fees Includes:Management: Yes
  • Mineral Rights:No2: 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
  • General Info:LvHtSqFt (Abv Grnd): 945.0
  • HOA Fees Includes:Unit Heat: Yes
  • Unit Faces:South: Yes
  • Cooling:Central AC: Yes
  • Roof:Metal: Yes
  • Extras:Steam Shower: Yes
  • Exterior:Metal2: Yes
  • Inclusions:Energy Star Dishwash: Yes
  • Inclusions:Energy Star Dryer: Yes
  • Inclusions:Energy Star Oven: Yes
  • Inclusions:Energy Star Range: Yes
  • Inclusions:Energy Star Refrig: Yes
  • Inclusions:Energy Star Washer: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 945.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Block
  • Foundation Details: Slab
  • Property Condition: Excellent
  • Roof: Metal
  • Construction:Concrete Block: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Common
  • Keywords Info:Garage: None
  • Parking Area:Common2: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner
  • 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:Exposure Southern: Yes

Fee Information

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

Lot Info

  • Parcel #: 273707327008

Tax Info

  • Tax Annual Amount: 2458.8
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2013
Closed on
Feb 28, 2014
Sold by
Shea Noreen M and Haney Perry L
Bought by
William Stone Henry Revocable Revocable
Seller's Agent
Thomas Hineline
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$1,350,000
Sold Price
$1,225,000
Premium/Discount to List
-$125,000
-9.26%
Current Estimated Value
$2,971,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,746,789
Avg. Annual Appreciation
7.93%

Purchase Details

Closed on
Sep 9, 2011
Sold by
Engel Ruhnau David F and Engel Ruhnau Sharon
Bought by
Haney Perry L and Shea Noreen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$798,750
Interest Rate
3.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 9, 2010
Sold by
Ruhnau David F and Ruhnau Sharon Engel
Bought by
Ruhnau David F and Ruhnau Sharon Engel

Purchase Details

Closed on
Nov 16, 2004
Sold by
434 East Main Llc
Bought by
Engel Ruhnau David F and Engel Ruhnau Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.5%
Mortgage Type
New Conventional
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
William Stone Henry Revocable Revocable $1,225,000 Land Title Guarantee Company
Haney Perry L $1,065,000 Land Title Guarantee Company
Ruhnau David F -- None Available
Engel Ruhnau David F $990,000 Stewart Title Of Aspen Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haney Perry L $798,750
Previous Owner Engel Ruhnau David F $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2014 02/28/14 Sold $1,225,000 -9.3% $1,296 / Sq Ft
01/05/2014 01/05/14 Pending -- -- --
01/08/2013 01/08/13 For Sale $1,350,000 -- $1,429 / 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 $7,104 $216,080 $0 $216,080
2023 $7,104 $220,880 $0 $220,880
2022 $4,300 $117,280 $0 $117,280
2021 $4,347 $120,660 $0 $120,660
2020 $3,794 $106,200 $0 $106,200
2019 $3,794 $106,200 $0 $106,200
2018 $3,124 $106,940 $0 $106,940
2017 $2,756 $86,660 $0 $86,660
2016 $3,033 $93,410 $0 $93,410
2015 $2,994 $93,410 $0 $93,410
2014 $2,636 $78,580 $0 $78,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 128250

Aspen Glenwood MLS

APN: R019100