$3,824,000
SOLD AUG 31, 2016

626 W Francis St Unit A Aspen, CO 81611

3 Beds
2.5 Baths
1,842 Sq Ft
9,000 Sq Ft Lot

Recently Sold

$2,076 Per Sq Ft

23% Below List Price

201 Days on Market

Highlights

  • 2 Fireplaces
  • Furnished
  • Patio
  • Aspen Middle School Rated A-
  • Views
  • Laundry Room

About This Home

As of January 2022

Look no further for the perfect West End retreat. Three bedroom contemporary remodel (inside and out) with a private back yard for entertaining or peaceful meditation. Elegant finishes, choice appliances and a great layout combine for the ideal sanctuary in the heart of Aspen’s premier neighborhood! Construction is complete and furnishings are in.

Last Agent to Sell the Property

Andrew Ernemann

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA100028587 Listed on: 02/11/2016

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Co-Listed By

Craig Morris

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA40009691

Last Buyer's Agent

Andrew Ernemann

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,451

Year Built

  • Built in 1962 | Under Construction

Lot Details

  • 9,000 Sq Ft Lot
  • Home has sun exposure from multiple directions
  • Southern Exposure
  • Fenced
  • Sprinkler System
  • Landscaped with Trees

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1,842 Sq Ft Home
  • 2-Story Property
  • Furnished
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Property Views
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Rights Not Included

Additional Features

  • Patio
  • Mineral Rights Excluded

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 273512409011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,451

Year Built

Built in 1962 | Under Construction

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Co List Office Mls Id: ASSHMA
  • Inclusions: Dryer, Freezer, Refrigerator, Washer, Range, Microwave, Dishwasher
  • Subdivision Name: None
  • Directions: Main Street to 6th Street, turn north, third right is West Francis St. Second house on the left.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Master Model: No
  • Year Built: 1962
  • Tax Parcel Letter: R009984
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-6
  • 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: 2.0
  • Financing Info:Taxes2: 5451.4
  • Financing Info:Tax Year2: 2015
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Water Rights:No3: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: Yes
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Exterior:Stucco: Yes
  • Style:Two Story: Yes
  • Substructure:Finished Basement: Yes
  • Inclusions:Freezer: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 1842.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Fencing: Fenced
  • Construction Type: Wood Siding, Stucco, Frame
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 1 Car
  • General Info:Garage SqFt: 302.0

Utilities

  • Laundry Features: Inside
  • 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

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 9000.0
  • Parcel #: 273512409011
  • Zoning: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5451.4
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2021
Sold by
Shady Red Mountain Llc
Bought by
Polgrave Investments Limited
Current Estimated Value
$6,896,759

Purchase Details

Listed on
Feb 11, 2016
Closed on
Aug 29, 2016
Sold by
626 West Francis Llc
Bought by
Francis Capital Investment Llc
Seller's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$4,950,000
Sold Price
$3,824,000
Premium/Discount to List
-$1,126,000
-22.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Original Mortgage
$1,650,000
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 5, 2015
Closed on
Nov 30, 2015
Sold by
Wilke John H and Wilke Bonnie K
Bought by
626 West Francis Llc
Seller's Agent
Sally Shiekman
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Andrew Ernemann
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$3,600,000
Sold Price
$3,400,000
Premium/Discount to List
-$200,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.00%
Original Mortgage
$1,650,000
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2002
Sold by
Wilke John H and Wilke Bonnie K
Bought by
Wilke John H and Wilke Bonnie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 4, 2001
Sold by
Mccarthy Lynda M
Bought by
Wilke John H and Wilke Bonnie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,387,000
Interest Rate
6.57%
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 Type Sale Price Title Company
Deed $210,000 None Listed On Document
Special Warranty Deed $3,824,000 Pct
Warranty Deed $3,400,000 Pct
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- Stewart Title
Warranty Deed $1,458,700 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,485,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,650,000 Purchase Money Mortgage
Previous Owner $1,650,000 Purchase Money Mortgage
Previous Owner $500,000 Unknown
Previous Owner $975,000 Unknown
Previous Owner $450,000 Credit Line Revolving
Previous Owner $300,000 Credit Line Revolving
Previous Owner $636,000 No Value Available
Previous Owner $1,387,000 No Value Available
Previous Owner $1,000,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2022 01/19/22 Sold $5,950,000 -8.5% $3,047 / Sq Ft
11/14/2021 11/14/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $6,500,000 +70.0% $3,328 / Sq Ft
08/31/2016 08/31/16 Sold $3,824,000 -22.7% $2,076 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $4,950,000 +45.6% $2,687 / Sq Ft
12/17/2015 12/17/15 Sold $3,400,000 -5.6% $1,741 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
10/05/2015 10/05/15 For Sale $3,600,000 -- $1,843 / 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 $15,892 $483,410 $0 $483,410
2023 $15,892 $490,800 $0 $490,800
2022 $10,461 $285,330 $0 $285,330
2021 $10,575 $293,540 $0 $293,540
2020 $10,357 $289,890 $0 $289,890
2019 $10,357 $289,890 $0 $289,890
2018 $9,300 $291,920 $0 $291,920
2017 $8,206 $258,000 $0 $258,000
2016 $5,523 $170,070 $0 $170,070
2015 $5,196 $170,070 $0 $170,070
2014 $4,942 $155,310 $0 $155,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 142646

Aspen Glenwood MLS

APN: R009984