NOT LISTED FOR SALE

501 W Main St Unit A201 Aspen, CO 81611

Estimated Value: $4,779,339 - $6,137,000

2 Beds
2 Baths
1,654 Sq Ft
1,655 Sq Ft Lot

Last Sold August 11, 2016

Last sale price $1,850,000 $1,119 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $30,343/month

2 Days on Market

Highlights

  • Spa
  • Green Building
  • Furnished
  • Aspen Middle School Rated A-
  • Ski Lockers
  • 5-minute walk to Marolt Bike Path & Trail

About This Home

As of August 2016

Mindfully designed and spacious condo with views of Aspen and Shadow Mountain. This 1,650 square foot unit features two bedrooms plus a sleeping loft. High end finishes and beautiful furnishings create a sense of comfort. Conveniently located in Aspen's unmistakeble West End, you can walk to town in no time to let loose. Walk back and enjoy the quiet neighborhood setting. Room for fun.

Last Agent to Sell the Property

Justin Addison

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 License #FA100044903 Listed on: 07/18/2016

Coldwell Banker Mason Morse-Aspen

Last Buyer's Agent

Drew Kitchell

McKinley Home License #II.100032922

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,773

Year Built

  • Built in 2003

Lot Details

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

Home Design

  • Frame Construction
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1,654 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Home Security System
  • Property Views
  • Finished Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • No Garage
  • Common or Shared Parking

Pool

  • Spa
  • Outdoor Pool

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Water Rights Not Included

Additional Features

  • Green Building
  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273512449009

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include contingency fund, management, sewer, unit heat, trash, ground maintenance
  • Christiana Aspen Subdivision
  • On-Site Maintenance

Recreation

  • Ski Lockers

Pet Policy

  • Only Owners Allowed Pets

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,773

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Ceiling Fan, Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Christiana Aspen
  • Directions: Located on the south side of Main and Fourth street. Condo is on the southeast corner of the Christiana with views of Shadow Mountain and Aspen Mountain.
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2003
  • Tax Parcel Letter: R019193
  • Attribution Contact: (970) 925-7000
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • 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: 5773.24
  • Financing Info:Tax Year2: 2015
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Extras:Pool: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • HOA Fees Includes:Management: Yes
  • Miscellaneous:Under Construction3: No
  • Mineral Rights:No2: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Sewer2: Yes
  • HOA Fees Includes:Trash: Yes
  • HOA Fees Includes:Unit Heat: Yes
  • Unit Faces:East: Yes
  • Unit Faces:South: Yes
  • Style:Two Story: Yes
  • Substructure:Finished Basement: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Freezer: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Cooling:AC: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 1654.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Disclosures: Excluded Buyer
  • Construction Type: Wood Siding, Stone Veneer, Frame
  • Property Condition: Excellent
  • Roof: Other
  • Construction:Frame: Yes

Garage/Parking

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

Utilities

  • Security: Security System
  • Building Features: Yes
  • Cooling: A/C
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Amenities: Locker Ski Storage, Pets Allowed/Owner
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • HOA Amenities:Locker Ski Storage: Yes

Fee Information

  • Association Fee Includes: Contingency Fund, Management, Sewer, Unit Heat, Trash, Maintenance Grounds

Lot Info

  • Parcel #: 273512449009
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 5773.24
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2016
Closed on
Aug 11, 2016
Sold by
Kingen Dave and Kingen Christine
Bought by
Sgsg Aspen Condo Llc
Seller's Agent
Justin Addison
Coldwell Banker Mason Morse-Aspen
Buyer's Agent
Drew Kitchell
McKinley Home
List Price
$1,850,000
Sold Price
$1,850,000
Current Estimated Value
$5,535,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,685,585
Avg. Annual Appreciation
12.64%

Purchase Details

Listed on
Apr 24, 2014
Closed on
Feb 20, 2015
Sold by
Hayman Jules Alan
Bought by
Kingen Dave and Kingen Christine
Seller's Agent
Marian Lansburgh
Douglas Elliman Real Estate-Durant
Buyer's Agent
Adam Rothberg
Adam Rothberg Real Estate Company
List Price
$1,895,000
Sold Price
$1,670,000
Premium/Discount to List
-$225,000
-11.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$1,336,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2007
Sold by
501 West Main Llc
Bought by
Scharer Jay and The Jay Scharer Revocable Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2006
Sold by
R S For D M S & P Inc
Bought by
Hayman Jules Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 17, 2004
Sold by
501 West Main Llc
Bought by
R S For D M S & P Inc
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
Sgsg Aspen Condo Llc $1,850,000 Land Title Guarantee Company
Kingen Dave $1,670,000 Pct
Scharer Jay $1,895,000 None Available
Hayman Jules Alan $1,880,000 None Available
R S For D M S & P Inc $1,193,700 Pct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kingen Dave $1,336,000
Previous Owner Scharer Jay $2,300,000
Previous Owner Hayman Jules Alan $725,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2016 08/11/16 Sold $1,850,000 0.0% $1,119 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $1,850,000 +10.8% $1,119 / Sq Ft
02/20/2015 02/20/15 Sold $1,670,000 -11.9% $1,010 / Sq Ft View Prior Sale
01/28/2015 01/28/15 Pending -- -- --
04/24/2014 04/24/14 For Sale $1,895,000 -- $1,146 / 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 $12,989 $395,100 $0 $395,100
2023 $12,989 $401,640 $0 $401,640
2022 $7,614 $207,690 $0 $207,690
2021 $7,582 $213,670 $0 $213,670
2020 $7,254 $203,030 $0 $203,030
2019 $7,254 $203,030 $0 $203,030
2018 $6,284 $204,450 $0 $204,450
2017 $5,545 $174,340 $0 $174,340
2016 $5,849 $180,110 $0 $180,110
2015 $5,773 $180,110 $0 $180,110
2014 $4,432 $132,140 $0 $132,140
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Justin Addison

    Coldwell Banker Mason Morse-Aspen

    (970) 306-3856

    16 in this area

    32 Total Sales

    Justin Addison
    Section Image

  • D

    Buyer's Agent in 2016

    Drew Kitchell

    McKinley Home

    1 in this area

    11 Total Sales

    Drew Kitchell
    Section Image

  • M

    Seller's Agent in 2015

    Marian Lansburgh

    Douglas Elliman Real Estate-Durant

  • J

    Seller Co-Listing Agent in 2015

    Jill Shore

    Douglas Elliman Real Estate-Durant

  • A

    Buyer's Agent in 2015

    Adam Rothberg

    Adam Rothberg Real Estate Company

    (970) 948-0480

    1 in this area

    2 Total Sales

    Adam Rothberg
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 145212

Aspen Glenwood MLS

APN: R019193

Colorado Pitkin County Aspen 81611

501 W Main St Unit A201, Aspen, CO

This home is located at 501 W Main St Unit A201, Aspen, CO 81611 since 18 July 2016 and is currently estimated at $5,535,585, approximately $3,346 per square foot. This property was built in 2003. 501 W Main St Unit A201 is a home located in Pitkin County with nearby schools including Aspen Elementary School, Aspen Middle School, and Aspen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Aspen Glenwood MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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