NOT LISTED FOR SALE

615 S Garmisch St Aspen, CO 81611

Estimated Value: $5,294,000 - $21,659,335

7 Beds
7.5 Baths
5,806 Sq Ft
$2,321/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $19,750,000 $3,402 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $77,008/month

21 Days on Market

Highlights

  • Spa
  • Maid or Guest Quarters
  • Hydromassage or Jetted Bathtub
  • Aspen Middle School Rated A-
  • Main Floor Primary Bedroom
  • 4-minute walk to Wagner Park

About This Home

As of May 2021

Unique opportunity to own one of the few single-family homes in Aspen's central core. A grand entrance takes you to this seven-bedroom home bordering open space. The value of this home should appreciate immeasurably with the development of Lift 1A and surrounding hotels. Soaring ceilings with European beams and trusses complimented with custom wrought iron detail. Wide plank distressed hardwood flooring. Open great room and kitchen with natural light throughout. Large back terrace with hot tub and Aspen Mountain views. Entry-level master, elevator, two entertaining areas, and an oversized two-car garage.

Last Agent to Sell the Property

Steven Shane

Compass Aspen Brokerage Phone: 970-925-6063 License #ER040002675 Listed on: 01/18/2021

Compass Aspen

Last Buyer's Agent

Lisa Hatem

The Agency Aspen License #II.040020533

The Agency Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,381

Year Built

  • Built in 2002

Lot Details

  • 0.26 Acre Lot
  • Southeast Facing Home
  • Corner Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

Home Design

  • Frame Construction
  • Shake Roof
  • Stone Siding
  • Stone

Interior Spaces

  • 5,806 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • 6 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Home Security System
  • Property Views
  • Finished Basement

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Carport

Outdoor Features

  • Spa
  • Patio

Location

  • Mineral Rights Excluded

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Water Rights Not Included
  • Water Softener
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Barbee Family Pud Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 273513103003

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,381

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Stove Top, Range, Microwave, Dishwasher
  • Subdivision Name: Barbee Family PUD
  • Directions: Main Street heading East make right hand turn on Garmisch toward Aspen Mountain. House is on the right hand side at base of Mountain.
  • Architectural Style: Other
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2002
  • Tax Parcel Letter: R017165
  • Attribution Contact: 970-925-6063
  • 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:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 27381.0
  • Financing Info:Tax Year2: 2020
  • Extras:GuestCaretaker Qtrs: Yes
  • Extras:Hot TubSpa: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Extras:Elevator: Yes
  • General Info:Unit Faces: Southeast
  • Substructure:Finished Basement: Yes
  • Carport:_two_ Car: Yes
  • Inclusions:Oven: Yes
  • Cooling:Central AC: Yes
  • Inclusions:Freezer: Yes
  • Inclusions:Stove Top: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Roof:Shake: Yes
  • Extras:Softener: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Finished
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Gas
  • Fireplaces: 6
  • Fireplace: Yes
  • Interior Amenities: Elevator
  • Living Area: 5806.0
  • Fireplace:Gas: Yes
  • Style Other: Yes

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Stone Veneer, Stone, Frame
  • Direction Faces: Southeast
  • Property Condition: Excellent
  • Roof: Shake
  • Construction:Frame: Yes
  • Construction:Stone: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car
  • General Info:Garage SqFt: 624.0

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Corner Lot: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Borders Public Land: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 11325.6
  • Parcel #: 273513103003
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 27381.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
May 28, 2021
Sold by
Garmisch Llc
Bought by
Rvw Aspen Lp
Seller's Agent
Steven Shane
Compass Aspen
Buyer's Agent
Lisa Hatem
The Agency Aspen
List Price
$19,900,000
Sold Price
$19,750,000
Premium/Discount to List
-$150,000
-0.75%
Current Estimated Value
$13,476,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,273,332
Avg. Annual Appreciation
-8.41%

Purchase Details

Closed on
Sep 28, 2004
Sold by
Hunter Street Joint Venture Llp
Bought by
Garmisch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2004
Sold by
Garmisch Llc
Bought by
Hunter Street Joint Venture Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,600,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2004
Sold by
Shadow Mountain Investment Llc
Bought by
Garmisch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,600,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
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
Rvw Aspen Lp $19,750,000 Land Title Guarantee Company
Garmisch Llc -- --
Hunter Street Joint Venture Llp $1,960,200 Pct
Garmisch Llc $5,445,000 Pct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garmisch Llc $4,000,000
Previous Owner Garmisch Llc $5,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $19,750,000 -0.8% $3,402 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $19,900,000 -- $3,427 / 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 $66,681 $2,028,320 $635,350 $1,392,970
2023 $66,681 $2,050,700 $642,360 $1,408,340
2022 $36,450 $994,230 $437,850 $556,380
2021 $36,293 $1,022,840 $450,450 $572,390
2020 $27,155 $760,080 $328,900 $431,180
2019 $27,155 $760,080 $328,900 $431,180
2018 $21,697 $765,400 $331,200 $434,200
2017 $19,144 $601,910 $331,200 $270,710
2016 $20,032 $616,880 $358,200 $258,680
2015 $19,773 $616,880 $358,200 $258,680
2014 $15,709 $468,340 $310,440 $157,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 168224

Aspen Glenwood MLS

APN: R017165