NOT LISTED FOR SALE

505 Park Cir Aspen, CO 81611

Estimated Value: $7,739,000 - $9,992,000

5 Beds
5.5 Baths
3,112 Sq Ft
$2,872/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $8,558,000 $2,750 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $48,288/month

2 Days on Market

Highlights

  • Green Building
  • Contemporary Architecture
  • Laundry Room
  • Aspen Middle School Rated A-
  • Main Floor Primary Bedroom
  • 2-minute walk to Mollie Gibson Park

About This Home

As of October 2023

Situated on a sunlit lot at the foot of Smuggler, this property perfectly aligns with all requirements. Featuring a blend of contemporary mountain aesthetics, it offers captivating vistas encompassing Aspen, Mt. Sopris, and Red Mountain. With four bedrooms and an additional fifth bedroom/media flex space designed for overflow and exclusive entertainment, the layout is versatile.

The primary living areas are conveniently positioned on the main/entry level including the Living, Dining, Master Bedroom, a guest room as well as the garage, Unwind with cocktails on your deck following a leisurely walk to downtown for a delightful dinner at your preferred restaurant. Walk across the street to hike the popular smuggler!

Last Agent to Sell the Property

Alain Azizi

Global Real Estate Group, LLC Brokerage Phone: (970) 948-7305 License #ER.100017711 Listed on: 09/01/2023

Last Buyer's Agent

Trent Jones

Christie's International Real Estate Aspen Snowmass License #FA.100089428

Christie's International Real Estate Aspen Snowmass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,008

Year Built

  • Built in 2013

Lot Details

  • 0.35 Acre Lot
  • Southwest Facing Home
  • Landscaped
  • Sprinkler System
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Metal Roof
  • Wood Siding
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • 3,112 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Gas Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Low Flow Toliet

Basement

  • Walk-Out Basement
  • Crawl Space

Eco-Friendly Details

  • Green Building

Utilities

  • Central Air
  • Radiant Heating System

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Park Circle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273707491002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,008

Year Built

Built in 2013

Lot Details

0.35 Acres

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • Subdivision Name: Park Circle
  • Directions: 505 PARK CIRCLE. East on Cooper/Highway 82 from downtown, then make a left turn on Park Ave. Ascend the incline to Park Circle, located just before the entrance to Smuggler on the left.
  • Architectural Style: Contemporary
  • Master Model: No
  • New Construction: No
  • Year Built: 2013
  • Tax Parcel Letter: R021888
  • Attribution Contact: (970) 948-7305
  • Location Info:Furnished: Partial
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R
  • General Info:Main Floor Master: Yes
  • 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
  • Listing Info:ADU: No
  • General Info:Levels: 3.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 13007.68
  • Financing Info:Tax Year2: 2022
  • Extras:Landscaping: Yes
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Condition:Excellent: Yes
  • Extras:Lawn Sprinklers: Yes
  • Electric:Yes: Public
  • Substructure:Crawl Space: Yes
  • Roof:Composition Shingles: Yes
  • Exterior:Stucco: Yes
  • General Info:Unit Faces: Southwest
  • Substructure:Walkout: Yes
  • Cooling:Central AC: Yes
  • Water Efficiency:Low Flow Toilets: Yes
  • Roof:Metal: Yes
  • Water Efficiency:Low Flow Wtr Fixture: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: VirtualTour

Interior Features

  • Furnished: Partially
  • Has Basement: Walk-Out Access, Crawl Space
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 3112.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Stone Veneer, Stucco, Frame
  • Direction Faces: Southwest
  • Property Condition: Excellent
  • Roof: Composition, Metal
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 15246.0
  • Parcel #: 273707491002
  • Zoning: R
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Low Flow Wtr Fixture, Low Flow Toilets

Tax Info

  • Tax Annual Amount: 13007.68
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Nov 1, 2021
Sold by
Pulaski Adam K and Pulaski Elizabeth A
Bought by
Eight Mountains Ltd
Seller's Agent
Eric Cohen
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Al Azizi
Global Real Estate Group, LLC
List Price
$6,995,000
Sold Price
$6,995,000
Current Estimated Value
$8,936,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,941,565
Avg. Annual Appreciation
5.75%

Purchase Details

Closed on
Nov 16, 2018
Sold by
Jsdcs Aspen Llc
Bought by
Pulaski Adam K and Pulaski Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,640,000
Interest Rate
3.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 29, 2013
Closed on
Sep 29, 2014
Sold by
Gss Park Llc
Bought by
Jsdcs Aspen Llc
Seller's Agent
Erik Berg
ENGEL & VOLKERS
Buyer's Agent
Llwyd Ecclestone III
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$4,249,000
Sold Price
$3,325,000
Premium/Discount to List
-$924,000
-21.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Eight Mountains Ltd $6,995,000 Title Company Of The Rockies
Pulaski Adam K $4,550,000 Stewart Title
Jsdcs Aspen Llc $3,325,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pulaski Adam K $3,640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2023 10/27/23 Sold $8,558,000 -3.5% $2,750 / Sq Ft
09/04/2023 09/04/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $8,869,000 +26.8% $2,850 / Sq Ft
11/01/2021 11/01/21 Sold $6,995,000 0.0% $2,248 / Sq Ft View Prior Sale
09/15/2021 09/15/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $6,995,000 +110.4% $2,248 / Sq Ft
09/29/2014 09/29/14 Sold $3,325,000 -21.7% $1,068 / Sq Ft View Prior Sale
08/11/2014 08/11/14 Pending -- -- --
01/29/2013 01/29/13 For Sale $4,249,000 -- $1,365 / Sq Ft
Source: Aspen Glenwood MLS

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
2025 $15,360 $415,340 $0 $415,340
2024 $15,360 $641,390 $0 $641,390
2023 $21,086 $650,320 $0 $650,320
2022 $13,008 $354,800 $0 $354,800
2021 $12,952 $365,010 $0 $365,010
2020 $11,044 $309,110 $0 $309,110
2019 $11,044 $309,110 $0 $309,110
2018 $9,817 $311,270 $0 $311,270
2017 $8,662 $272,330 $0 $272,330
2016 $8,321 $256,240 $0 $256,240
2015 $8,214 $256,240 $0 $256,240
2014 $7,370 $219,730 $0 $219,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 180899

Aspen Glenwood MLS

APN: R021888

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