NOT LISTED FOR SALE

501 E Dean St Unit F403 Aspen, CO 81611

Estimated Value: $3,686,000 - $11,604,270

4 Beds
4.5 Baths
3,700 Sq Ft
$4,113/mo HOA Fee

Last Sold October 28, 2022

Last sale price $3,100,000 $838 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $49,541/month

78 Days on Market

Highlights

  • Ski Accessible
  • Health Club
  • Contemporary Architecture
  • Aspen Middle School Rated A-
  • Spa
  • 4-minute walk to Wagner Park Playground

About This Home

As of October 2022

Rare opportunity to own a 1/8 interest in one of only seven of the 4 bedroom Residences at the Little Nell. Beautifully furnished units offer the luxury you expect. Enjoy ski-in/ski-out access along with acclaimed five star service including a 24-hour concierge, room service, valet, fitness center, and private rooftop deck with heated pool and hot tub. 1/8 ownership interest includes two weeks each in winter and summer and two weeks off peak. Enjoy the flexibility of usage and the opportunity to capture rental income.

Last Agent to Sell the Property

Blake Appleby

Compass Aspen Brokerage Phone: 970-925-6063 License #FA.100066940 Listed on: 10/18/2022

Compass Aspen

Last Buyer's Agent

Lex Tarumianz

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA100014565

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $36,021

Year Built

  • Built in 2008

Lot Details

  • Property is in excellent condition

HOA Fees

  • $4,113 Monthly HOA Fees

Home Design

  • Fractional Ownership
  • Contemporary Architecture

Interior Spaces

  • 3,700 Sq Ft Home
  • Furnished
  • Gas Fireplace
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Parking

  • Garage
  • Carport
  • Common or Shared Parking

Pool

  • Spa
  • Outdoor Pool

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 273718296053

Community Details

Overview

  • Association fees include sewer
  • Residences At The Little Nell Subdivision

Amenities

  • Restaurant

Recreation

  • Health Club
  • Ski Accessible
  • Ski Lockers

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

$36,021

Year Built

Built in 2008

Lot Details

0

HOA Fees

$4,113 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Fractional
  • Subdivision Name: Residences at the Little Nell
  • Directions: Durant Street to South Galena St. one block South on the left at the Base of Aspen Mountain.
  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 2008
  • Tax Parcel Letter: R019632
  • Attribution Contact: 970-925-6063
  • Location Info:Furnished: Yes
  • General Info:Zoning2: -
  • General Info:Main Floor Master: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • General Info:Short Termable: Yes
  • Financing Info:Tax Year2: 2021
  • Extras:Hot TubSpa: Yes
  • Sanitation:Sewer: Yes
  • Extras:Pool: Yes
  • Condition:Excellent: Yes
  • Extras:Cable TV: Yes
  • General Info:Under Construction: No
  • Electric:Yes5: Yes
  • Cooling:AC: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 49360.0
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 3700.0
  • Fireplace:Gas: Yes

Exterior Features

  • Property Condition: Excellent

Garage/Parking

  • Attached Garage: No
  • Parking Features: Common
  • Keywords Info:Garage: Common
  • Parking Area:Common2: Yes

Utilities

  • Cooling: A/C
  • 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: Management, Front Desk, Locker Ski Storage, Pets Allowed/Owner, Pets Allowed/Renter, On-Site Athletic Clb, On-Site Restaurant, Fitness Center
  • Association Fee: 49360.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 49360.0
  • Financing Info:Association Fee Frequency2: Annually
  • HOA Amenities:Fitness Center: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • HOA Amenities:Front Desk: Yes
  • HOA Amenities:Locker Ski Storage: Yes
  • HOA Amenities:Management2: Yes
  • Location Amenities:Ski In Access: Yes
  • Location Amenities:Ski Out Access: Yes
  • HOA Amenities:On-Site Restaurant: Yes
  • HOA Amenities:On-Site Athletic Clb: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Parcel #: 273718296053
  • Zoning: -

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Oct 28, 2022
Sold by
L Malloy Enterprises Llc
Bought by
Parkwood Drive Llc
Seller's Agent
Blake Appleby
Compass Aspen
Buyer's Agent
Lex Tarumianz
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$3,700,000
Sold Price
$3,100,000
Premium/Discount to List
-$600,000
-16.22%
Current Estimated Value
$7,645,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,545,135
Avg. Annual Appreciation
40.22%

Purchase Details

Listed on
Jul 1, 2020
Closed on
Jul 30, 2020
Sold by
Aspen Fractionals Partnerrrrs Llc
Bought by
L Malloy Enterprises Llc
Seller's Agent
Susan Stone-Chen
Douglas Elliman Real Estate-Durant
Buyer's Agent
Blake Appleby
Compass Aspen
List Price
$2,700,000
Sold Price
$2,325,000
Premium/Discount to List
-$375,000
-13.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.64%

Purchase Details

Closed on
Apr 19, 2017
Sold by
Keller Living Trust
Bought by
Rln Real Properties Llc

Purchase Details

Closed on
Aug 7, 2015
Sold by
The Residences At Little Nell Developmen
Bought by
Mc Little Nell Llc

Purchase Details

Closed on
May 10, 2010
Sold by
Culham Harry
Bought by
Steinberg Michael and Steinberg Sheeri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,000
Interest Rate
4.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 11, 2009
Sold by
The Residences At Little Nell Developmen
Bought by
Keller James and Keller Erin

Purchase Details

Closed on
Jan 30, 2009
Sold by
The Residences At Little Nell Developmen
Bought by
Watumull Enterprises Ltd

Purchase Details

Closed on
Dec 31, 2008
Sold by
The Residences At Little Nell Developmen
Bought by
Aspen Fractionals Partners Llc
Source: Public Records

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Range of Values:

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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
Parkwood Drive Llc $3,100,000 Land Title
L Malloy Enterprises Llc $2,325,000 Title Company Of The Rockies
Rln Real Properties Llc $1,650,000 None Available
Mc Little Nell Llc $1,601,000 Pct
Steinberg Michael $1,500,000 Pct
Keller James $1,750,000 None Available
Watumull Enterprises Ltd $1,215,000 Pct
Aspen Fractionals Partners Llc $1,215,000 Pct
Culham Harry $1,215,000 Pct
The Kelly Lee Family Trust $1,215,000 Pct
Stolbun Sam $1,350,000 Pct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aspen Fractional Partners Llc $731,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $3,100,000 -16.2% $838 / Sq Ft
08/02/2022 08/02/22 For Sale $3,700,000 +59.1% $1,000 / Sq Ft
07/30/2020 07/30/20 Sold $2,325,000 -13.9% $646 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
12/19/2019 12/19/19 For Sale $2,700,000 -- $750 / 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 $36,021 $1,095,700 $0 $1,095,700
2023 $36,021 $1,258,010 $0 $1,258,010
2022 $25,244 $688,550 $0 $688,550
2021 $25,135 $708,360 $0 $708,360
2020 $22,144 $619,820 $0 $619,820
2019 $23,771 $619,820 $0 $619,820
2018 $20,868 $670,000 $0 $670,000
2017 $18,412 $706,150 $0 $706,150
2016 $22,808 $702,360 $0 $702,360
2015 $23,934 $746,680 $0 $746,680
2014 $16,499 $491,900 $0 $491,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 176277

Aspen Glenwood MLS

APN: R019632