NOT LISTED FOR SALE

522 Spruce St Unit B Aspen, CO 81611

Estimated Value: $7,647,000 - $8,922,000

3 Beds
4.5 Baths
2,524 Sq Ft
$3,262/Sq Ft Est. Value

Last Sold March 11, 2019

Last sale price $4,300,000 $1,704 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $45,346/month

372 Days on Market

Highlights

  • Newly Remodeled
  • Green Building
  • 2 Fireplaces
  • Aspen Middle School Rated A-
  • Contemporary Architecture
  • 5-minute walk to Smugglers Mountain

About This Home

As of March 2019

On a large parcel with direct views of Aspen Mountain sits this brand new contemporary townhome. Nestled on the north side of Aspen within easy walking distance to the Smuggler trailhead and the Oklahoma Flats/Rio Grande trails, this location is wonderfully convenient for walking to downtown Aspen or catching the free shuttle for a supreme and hassle-free ski experience. ''Townhome B'' consists of 2,524 square feet with 3 bedrooms and 4.5 baths, upper level living spaces and kitchen to capture the views and natural light, a lower level family room, dumb waiter, vaulted ceilings, custom Italian-designed and manufactured cabinetry and tiles, high end appliances, large single car garage, inviting deck, and abundant storage.Well priced for brand new construction in a downtown Aspen location. You will be pleasantly surprised! Well priced for brand new construction in a downtown Aspen location. You will be pleasantly surprised!

Last Agent to Sell the Property

Craig Morris

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA40009691 Listed on: 01/07/2019

Last Buyer's Agent

Scott Bayens

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA040045606

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,867

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 7,500 Sq Ft Lot
  • South Facing Home
  • Southern Exposure
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Metal Siding

Interior Spaces

  • 2,524 Sq Ft Home
  • 3-Story Property
  • Furnished
  • 2 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Property Views
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Green Building
  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 273707410032

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include sewer

Pet Policy

  • Only Owners Allowed Pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,867

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Inclusions: Dryer, Refrigerator, See Remarks, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: None
  • Directions: Gibson Avenue, left on Spruce Street, townhome is on the right.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: Yes
  • Year Built: 2018
  • Tax Parcel Letter: R021788
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • Condition:New: Yes
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 1867.34
  • Financing Info:Tax Year2: 2018
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Extras:Lawn Sprinklers: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Unit Faces:South: Yes
  • Substructure:Finished Basement: Yes
  • Cooling:Central AC: Yes
  • Roof:Metal: Yes
  • Extras:Steam Shower: Yes
  • Exterior:Metal2: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: 4098

Interior Features

  • Furnished: Furnished
  • Has Basement: Finished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2524.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Frame
  • Property Condition: Excellent, New Construction
  • Roof: Metal
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 1 Car
  • General Info:Garage SqFt: 250.0

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: Central Air
  • 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: 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

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 7500.0
  • Parcel #: 273707410032
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1867.34
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2025
Sold by
Skeptic Spruce Llc
Bought by
Spruce Street Holdings Llc
Current Estimated Value
$8,234,129

Purchase Details

Closed on
Jan 3, 2023
Sold by
Davidson Michael B
Bought by
Skeptic Spruce Llc

Purchase Details

Listed on
Jan 7, 2019
Closed on
Mar 11, 2019
Sold by
Gss Spruce Llc
Bought by
Davidson Michael B and Davidson Autumn L
Seller's Agent
Craig Morris
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Scott Bayens
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$4,250,000
Sold Price
$4,300,000
Premium/Discount to List
$50,000
1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%
Original Mortgage
$3,869,570
Interest Rate
3.5%
Mortgage Type
Balloon
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
Spruce Street Holdings Llc $8,000,000 Title Company Of The Rockies
Skeptic Spruce Llc $8,172,000 Title Company Of The Rockies
Davidson Michael B $4,300,000 Attorneys Title Aspen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davidson Michael B $3,869,570
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2019 03/11/19 Sold $4,300,000 +1.2% $1,704 / Sq Ft
02/06/2019 02/06/19 Pending -- -- --
01/29/2018 01/29/18 For Sale $4,250,000 -- $1,684 / 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 $18,219 $554,180 $0 $554,180
2023 $18,219 $562,270 $0 $562,270
2022 $11,402 $310,990 $0 $310,990
2021 $11,526 $319,940 $0 $319,940
2020 $9,670 $270,660 $0 $270,660
2019 $9,670 $270,660 $0 $270,660
2018 $3,969 $272,550 $0 $272,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 152441

Aspen Glenwood MLS

APN: R022422