NOT LISTED FOR SALE

449 Mountain Laurel Dr Unit 3 Aspen, CO 81611

The East End Neighborhood

Estimated Value: $4,705,039 - $5,728,000

3 Beds
2.5 Baths
2,249 Sq Ft
$2,303/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $4,100,000 $1,823 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $29,744/month

298 Days on Market

Highlights

  • Furnished
  • Evaporated cooling system
  • Patio
  • Aspen Middle School Rated A-
  • Views
  • Home Security System

About This Home

As of February 2024

Beautiful three-bedroom Mountain Valley duplex unit with gorgeous views of Aspen Mountain and Independence Pass. With all of the 2,249 SF above-grade, the lowest level consists of two bedrooms with walk-outs to the fantastic backyard, and the top floor as a private primary bedroom level; separated by a main entertaining and living area floor with soaring ceilings and windows that bring in all-day sun and views. Also included are plans for a new private two-car garage. Just minutes from downtown, and serviced by the convenient RFTA Dial-a-Ride bus service.

Last Listed By

Zach Lentz

ENGEL & VOLKERS Brokerage Phone: (970) 925-8400 License #FA.40036071 Listed on: 03/06/2023

ENGEL & VOLKERS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,269

Year Built

  • Built in 1971

Lot Details

  • Southern Exposure
  • Southeast Facing Home
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Half Duplex
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,249 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Walk-Out Basement
  • Home Security System
  • Property Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • No Garage
  • Assigned Parking

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 273717209003

Community Details

Overview

  • Association fees include sewer, trash, snow removal, ground maintenance
  • Mountain Valley Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,269

Year Built

Built in 1971

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Sub Type: Half Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Inclusions: Ceiling Fan, Dryer, Oven, Refrigerator, Washer, Window Coverings, Range, Dishwasher
  • Subdivision Name: Mountain Valley
  • Directions: Take HWY 82 East to Mountain Valley, make left at bus stop, left on Mountain Laurel Drive, to 449. First stairway down on left, unit #3 on right at bottom of stairs.
  • Above Grade Finished Sq Ft: 2249.0
  • Architectural Style: Other
  • Master Model: No
  • New Construction: No
  • Year Built: 1971
  • Tax Parcel Letter: R013516
  • Attribution Contact: (970) 925-8400
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-15A
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 3.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 5269.04
  • Financing Info:Tax Year2: 2022
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Roof:Composition Shingles: Yes
  • Cooling:Evaporative Cooling: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • General Info:LvHtSqFt (Abv Grnd): 2249.0
  • General Info:Unit Faces: Southeast
  • Substructure:Walkout: Yes
  • Inclusions:Oven: Yes
  • Extras:Storage Shed: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 2700.0
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2249.0
  • Fireplace:Gas: Yes
  • Style Other: Yes

Exterior Features

  • Lot Features: Landscaped
  • Disclosures: Easements, Right of 1st Refusal
  • Construction Type: Wood Siding, Frame
  • Direction Faces: Southeast
  • Property Condition: Excellent
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Keywords Info:Garage: None
  • Parking Area:Assigned2: Yes

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Cooling: Evaporative Cooling
  • Cooling Y N: Yes
  • Heating: Hot Water, Natural Gas, Baseboard
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner
  • Association Fee: 2700.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 2700.0
  • Financing Info:Association Fee Frequency2: Annually
  • HOA Amenities:Pets AllowedOwner: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer, Trash, Snow Removal, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 19637.0
  • Parcel #: 273717209003
  • Zoning: R-15A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5269.04
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Feb 28, 2024
Sold by
Pandora Vue Llc
Bought by
Clark Joseph Thomas
Seller's Agent
Zach Lentz
ENGEL & VOLKERS
Buyer's Agent
Suzanne Kennedy
Compass Aspen
List Price
$5,500,000
Sold Price
$4,100,000
Premium/Discount to List
-$1,400,000
-25.45%
Total Days on Market
298
Views
248
Current Estimated Value
$5,180,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,080,010
Avg. Annual Appreciation
21.91%
Original Mortgage
$2,460,000
Outstanding Balance
$2,430,692
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$2,749,318

Purchase Details

Listed on
Jun 16, 2012
Closed on
Aug 28, 2012
Sold by
Gartsman Carol W and Gartsman Garry Marshall
Bought by
Mehalko Andrew
Seller's Agent
Annemie Dundon
Aspen Estates, Inc
Buyer's Agent
Tracy Eggleston
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$1,750,000
Sold Price
$1,525,000
Premium/Discount to List
-$225,000
-12.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$600,000
Interest Rate
3.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 14, 2005
Sold by
Flenner Macel K
Bought by
Gartsman Gary Marshall and Gartsman Carol W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,148,000
Interest Rate
5.78%
Mortgage Type
Fannie Mae Freddie Mac

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
Clark Joseph Thomas $4,100,000 Land Title
Mehalko Andrew $1,525,000 Land Title Guarantee Company
Gartsman Gary Marshall $1,435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Joseph Thomas $2,460,000
Previous Owner Mehalko Andrew $600,000
Previous Owner Gartsman Gary Marshall $1,148,000
Previous Owner Flenner Macel K $250,000
Previous Owner Flenner Macel K $765,000
Previous Owner Flenner Macel K $754,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $4,100,000 -2.3% $1,823 / Sq Ft
12/27/2023 12/27/23 Price Changed $4,195,000 -2.3% $1,865 / Sq Ft
10/16/2023 10/16/23 Price Changed $4,295,000 -2.3% $1,910 / Sq Ft
10/03/2023 10/03/23 Price Changed $4,395,000 -2.3% $1,954 / Sq Ft
09/05/2023 09/05/23 Price Changed $4,500,000 -5.3% $2,001 / Sq Ft
09/05/2023 09/05/23 Price Changed $4,750,000 -4.9% $2,112 / Sq Ft
08/14/2023 08/14/23 Price Changed $4,995,000 -3.8% $2,221 / Sq Ft
06/23/2023 06/23/23 Price Changed $5,195,000 -5.5% $2,310 / Sq Ft
03/06/2023 03/06/23 For Sale $5,500,000 +260.7% $2,446 / Sq Ft
08/28/2012 08/28/12 Sold $1,525,000 -12.9% $678 / Sq Ft
07/27/2012 07/27/12 Pending -- -- --
06/16/2012 06/16/12 For Sale $1,750,000 -- $778 / 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 $9,600 $330,570 $0 $330,570
2023 $9,600 $336,480 $0 $336,480
2022 $5,269 $164,550 $0 $164,550
2021 $5,255 $169,280 $0 $169,280
2020 $4,824 $154,900 $0 $154,900
2019 $4,824 $154,900 $0 $154,900
2018 $4,515 $155,980 $0 $155,980
2017 $3,925 $144,840 $0 $144,840
2016 $4,017 $145,350 $0 $145,350
2015 $3,992 $145,350 $0 $145,350
2014 $3,412 $121,260 $0 $121,260
Source: Public Records

Agents Affiliated with this Home

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Source: Aspen Glenwood MLS

MLS Number: 178420

Aspen Glenwood MLS

APN: R013516