$2,500,000
SOLD SEP 28, 2016

611 W Main St Aspen, CO 81611

2 Beds
2 Baths
2,700 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$926 Per Sq Ft

24% Below List Price

450 Days on Market

Highlights

  • 3 Fireplaces
  • No HOA
  • Patio
  • Aspen Middle School Rated A-
  • Views
  • 3-minute walk to Marolt Bike Path & Trail

About This Home

As of March 2019

This historic building that sits on a 9,000 square foot lot is wonderful as is currently (office on the main level, residential above) or redeveloped. See attached development analysis under documents, note currently there is a moritorium on Mixed Used development in this area. Tons of parking.

Last Agent to Sell the Property

Maureen Stapleton

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA.1314771 Listed on: 06/10/2015

Last Buyer's Agent

Maureen Stapleton

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA.1314771 Listed on: 06/10/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,178

Year Built

  • Built in 1886

Lot Details

  • 9,148 Sq Ft Lot
  • East Facing Home
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is in good condition
  • Property is zoned MU

Home Design

  • Frame Construction
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • No Garage
  • Common or Shared Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Water Rights Not Included

Additional Features

  • Handicap Accessible
  • Patio
  • Mineral Rights Excluded

Community Details

  • No Home Owners Association
  • Townsite Of Aspen Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273512448003

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,178

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Subdivision Name: Townsite of Aspen
  • Directions: South Side of Main Street
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1886
  • Tax Parcel Letter: R001203
  • Attribution Contact: (970) 925-6060
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: MU
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 17178.04
  • Financing Info:Tax Year2: 2015
  • Extras:PatioDeck: Yes
  • Exterior:Wood Siding: Yes
  • Water Rights:No3: Yes
  • Condition:Good: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Unit Faces:East: Yes
  • Style:Two Story: Yes
  • Roof:Shake: Yes
  • Extras:Handicap Access: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 2700.0
  • Fireplace:Gas: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Type: Wood Siding, Frame
  • Property Condition: Good
  • Roof: Shake
  • Construction:Frame: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Heating:Forced Air: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Trees: Yes

Lot Info

  • Lot Size Sq Ft: 9148.0
  • Parcel #: 273512448003
  • Zoning: MU
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17178.04
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2018
Closed on
Mar 15, 2019
Sold by
611 Main Street Llc
Bought by
611 West Main Street Llc
Seller's Agent
Maureen Stapleton
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Lorrie Winnerman
Lorrie B Aspen, Inc.
List Price
$3,250,000
Sold Price
$3,200,000
Premium/Discount to List
-$50,000
-1.54%
Current Estimated Value
$5,736,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,536,391
Avg. Annual Appreciation
8.92%
Original Mortgage
$24,000,000
Outstanding Balance
$21,311,828
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
-$15,811,026

Purchase Details

Listed on
Jun 10, 2015
Closed on
Sep 28, 2016
Sold by
Berr Llc
Bought by
611 Main Street Llc
Seller's Agent
Maureen Stapleton
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Maureen Stapleton
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$3,300,000
Sold Price
$2,500,000
Premium/Discount to List
-$800,000
-24.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.51%
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 Type Sale Price Title Company
Warranty Deed $3,200,000 Stewart Title
Warranty Deed $2,500,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $24,000,000 Commercial
Previous Owner $1,100,000 Unknown
Previous Owner $200,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2019 03/18/19 Sold $3,200,000 -1.5% $1,185 / Sq Ft
11/12/2018 11/12/18 Pending -- -- --
07/05/2017 07/05/17 For Sale $3,250,000 +30.0% $1,204 / Sq Ft
09/28/2016 09/28/16 Sold $2,500,000 -24.2% $926 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
06/10/2015 06/10/15 For Sale $3,300,000 -- $1,222 / 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 $6,906 $210,060 $178,230 $31,830
2023 $6,906 $652,370 $587,360 $65,010
2022 $18,239 $497,490 $422,060 $75,430
2021 $17,718 $499,340 $423,550 $75,790
2020 $18,041 $504,970 $423,550 $81,420
2019 $18,041 $504,970 $423,550 $81,420
2018 $19,915 $505,440 $423,930 $81,510
2017 $17,572 $552,460 $471,020 $81,440
2016 $17,403 $535,910 $467,820 $68,090
2015 $17,178 $535,910 $467,820 $68,090
2014 $16,918 $504,370 $467,820 $36,550
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Maureen Stapleton

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

  • L

    Buyer's Agent in 2019

    Lorrie Winnerman

    Lorrie B Aspen, Inc.

    (970) 925-6063

    19 in this area

    28 Total Sales

    Lorrie Winnerman
    Section Image
See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 129453

Aspen Glenwood MLS

APN: R001203

Colorado Pitkin County Aspen 81611

611 W Main St, Aspen, CO

This home is located at 611 W Main St, Aspen, CO 81611 and is currently priced at $2,500,000, approximately $925 per square foot. This property was built in 1886. 611 W Main St 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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