NOT LISTED FOR SALE

507 W Main St Unit C201 Aspen, CO 81611

Estimated Value: $1,224,000 - $5,433,000

3 Beds
3 Baths
1,549 Sq Ft
$1,450/mo HOA Fee

Last Sold October 26, 2023

Last sale price $4,000,000 $2,582 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $21,537/month

74 Days on Market

Highlights

  • Spa
  • Sauna
  • Hydromassage or Jetted Bathtub
  • Aspen Middle School Rated A-
  • Ski Lockers
  • 4-minute walk to Marolt Bike Path & Trail

About This Home

As of October 2023

Located only a few short blocks from downtown Aspen, restaurant row and the Gondola, this luxury turn-key condo has an open floor plan, vaulted ceilings, three large bedrooms/three full bathrooms and tremendous views of both Shadow Mountain and Aspen Mountain. Highlights include hardwood floors, central A/C, stainless appliances, jacuzzi tubs, three large decks, a gas fireplace, custom tile work, a steam shower, and jetted tubs. The Christiana features a lovely stream and waterfall in the courtyard, a private pool and hot-tub, large individual storage units, plenty of parking and excellent rental potential. Unit comes beautifully furnished and accessorized for the next owner to move right in. It's zoning district allows for excellent short term rental potential and no wait on permits!

Last Agent to Sell the Property

Michael Shook

Home Waters Real Estate Group Brokerage Phone: (970) 618-6795 License #ER.40045550 Listed on: 10/16/2023

Last Buyer's Agent

Whitney McLaughlin

The Agency Aspen License #FA.100100242

The Agency Aspen

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,471

Year Built

  • Built in 2007

Lot Details

  • Southern Exposure
  • Landscaped with Trees
  • Property is in excellent condition

HOA Fees

  • $1,450 Monthly HOA Fees

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1,549 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Gas Fireplace
  • Window Treatments
  • Sauna
  • Home Security System
  • Property Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Carport
  • No Garage
  • Common or Shared Parking

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 273512449025

Community Details

Overview

  • Association fees include contingency fund, management, sewer, unit heat, insurance, water, trash, snow removal, ground maintenance
  • Christiana Aspen Subdivision
  • On-Site Maintenance

Recreation

  • Ski Lockers
  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,471

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,450 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Dryer, Freezer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Christiana Aspen
  • Directions: On Main Street - between 5th and 4th. Suggest parking in the Christiana spaces along 4th Street and walk through the complex, past the pool/hot tub area.
  • Carport Y N: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2007
  • Tax Parcel Letter: R020432
  • Attribution Contact: (970) 618-6795
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: Yes
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 1.0
  • Financing Info:Taxes2: 7470.6
  • Financing Info:Tax Year2: 2022
  • Extras:Hot TubSpa: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: 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
  • HOA Fees Includes:Management: Yes
  • Roof:Composition Shingles: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: 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
  • Extras:Sauna: Yes
  • HOA Fees Includes:Unit Heat: Yes
  • Cooling:Central AC: Yes
  • Inclusions:Freezer: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 17400.0
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1549.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Stone Veneer, Frame
  • Property Condition: Excellent
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Amenities: Management, Locker Ski Storage, Pets Allowed/Owner
  • Association Fee: 1450.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 1450.0
  • Financing Info:Association Fee Frequency2: Monthly
  • HOA Amenities:Pets AllowedOwner: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • HOA Amenities:Locker Ski Storage: Yes
  • HOA Amenities:Management2: Yes

Fee Information

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

Lot Info

  • Parcel #: 273512449025
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 7470.6
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2018
Closed on
Jul 23, 2018
Sold by
Brooks Norman A and Brooks Leslee S
Bought by
Weelles Peter S and Weelles Sondra T
Seller's Agent
Tara Turner
Aspen Snowmass Properties
Buyer's Agent
Michael Shook
Home Waters Real Estate Group
List Price
$2,495,000
Sold Price
$2,300,000
Premium/Discount to List
-$195,000
-7.82%
Current Estimated Value
$3,667,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,367,022
Avg. Annual Appreciation
7.84%

Purchase Details

Closed on
Aug 8, 2007
Sold by
501 West Main Llc
Bought by
Brooks Norman A and Brooks Leslee S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Weelles Peter S $2,300,000 Stewar Title
Brooks Norman A $1,495,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brooks Norman A $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2023 10/26/23 Sold $4,000,000 +0.1% $2,582 / Sq Ft
08/21/2023 08/21/23 Price Changed $3,995,000 -2.4% $2,579 / Sq Ft
08/04/2023 08/04/23 For Sale $4,095,000 +78.0% $2,644 / Sq Ft
07/23/2018 07/23/18 Sold $2,300,000 -7.8% $1,485 / Sq Ft View Prior Sale
06/13/2018 06/13/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $2,495,000 -- $1,611 / 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 $9,571 $291,120 $0 $291,120
2023 $9,571 $296,650 $0 $296,650
2022 $7,471 $203,770 $0 $203,770
2021 $7,439 $209,640 $0 $209,640
2020 $7,117 $199,200 $0 $199,200
2019 $7,117 $199,200 $0 $199,200
2018 $5,885 $200,590 $0 $200,590
2017 $5,193 $163,270 $0 $163,270
2016 $6,025 $185,550 $0 $185,550
2015 $5,948 $185,550 $0 $185,550
2014 $5,327 $158,820 $0 $158,820
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Michael Shook

    Home Waters Real Estate Group

  • W

    Buyer's Agent in 2023

    Whitney McLaughlin

    The Agency Aspen

    (415) 699-8047

    5 in this area

    13 Total Sales

    Whitney McLaughlin
    Section Image

  • T

    Seller's Agent in 2018

    Tara Turner

    Aspen Snowmass Properties

  • C

    Seller Co-Listing Agent in 2018

    Cory Didier

    Aspen Snowmass Properties

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Map

Source: Aspen Glenwood MLS

MLS Number: 180473

Aspen Glenwood MLS

APN: R020432

Colorado Pitkin County Aspen 81611

507 W Main St Unit C201, Aspen, CO

Not Listed for Sale

Condos

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