NOT LISTED FOR SALE

627 W Main St Aspen, CO 81611

Estimated Value: $4,921,000 - $10,145,000

4 Beds
3.5 Baths
2,399 Sq Ft
$3,295/Sq Ft Est. Value

Last Sold March 11, 2019

Last sale price $3,275,000 $1,365 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $42,765/month

15 Days on Market

Highlights

  • Green Building
  • Maid or Guest Quarters
  • Victorian Architecture
  • Aspen Middle School Rated A-
  • Main Floor Primary Bedroom
  • 3-minute walk to Marolt Bike Path & Trail

About This Home

As of March 2019

A beautiful historic brick Victorian renovated in 2018. 2400 sq ft featuring 4 bedrooms, including a new suite with an amazing view of Shadow Mountain. Great opportunity for a home office or VRBO income with 4 bedrooms. New Contemporary furnishings provide a warm, cozy atmosphere. the brick construction provides a great sound barrier from traffic on Main Street, and the location is convenient for transit. it is only a half block off of Hopkins, a dedicated bike/walkway and a fast track to the Holden-Marolt bridge for bike trips up Castle Creek or Maroon Creek. No HOA fees and no loud noises associated with condominium complexes! 627 W. Main offers a great alternative to a condo buyer.

Last Agent to Sell the Property

Thomas Melberg

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA196381 Listed on: 01/07/2019

Last Buyer's Agent

non- member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,366

Year Built

  • Built in 1888

Lot Details

  • 3,000 Sq Ft Lot
  • Southern Exposure
  • North Facing Home
  • Fenced
  • Interior Lot
  • Landscaped with Trees
  • Historic Home
  • Property is in excellent condition
  • Property is zoned SF

Home Design

  • Victorian Architecture
  • Brick or Stone Mason
  • Frame Construction
  • Shake Roof
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,399 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Window Treatments
  • Crawl Space
  • Property Views

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters
  • Steam Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Carport

Utilities

  • Radiant Heating System
  • Hot Water Heating System
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Green Building
  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273512448010

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include sewer
  • Townsite Of Aspen Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,366

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Stove Top, Range, Microwave, Dishwasher
  • Subdivision Name: Townsite of Aspen
  • Directions: Head West on Main Street to 627 W Main (Left side of Main)
  • Above Grade Finished Sq Ft: 2399.0
  • Architectural Style: Victorian
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1888
  • Tax Parcel Letter: R008776
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: SF
  • General Info:Main Floor Master: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 7366.42
  • Financing Info:Tax Year2: 2018
  • Extras:GuestCaretaker Qtrs: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Substructure:Crawl Space: Yes
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 2399.0
  • Unit Faces:North: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Stove Top: Yes
  • Extras:Steam Shower: Yes
  • Roof:Shake: Yes
  • Construction Brick: Yes
  • Carport:_one_ Car: Yes
  • Disclosures:Historical: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 2399.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Interior Lot, Landscaped
  • Disclosures: Historical
  • Construction Type: Wood Siding, Frame, Brick
  • Property Condition: Excellent
  • Roof: Composition, Shake
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 Car
  • Keywords Info:Garage: 1 Car
  • General Info:Garage SqFt: 358.0
  • Parking Area:_one_ Car2: Yes

Utilities

  • Building Features: Yes
  • Heating: Radiant, Hot Water
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Interior Lot: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 3000.0
  • Parcel #: 273512448010
  • Zoning: SF
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7366.42
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2019
Closed on
Mar 11, 2019
Sold by
Kelso Douglas P
Bought by
Stevenson Adam
Seller's Agent
Thomas Melberg
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
non- member
Non-Member Office
List Price
$4,000,000
Sold Price
$3,275,000
Premium/Discount to List
-$725,000
-18.12%
Current Estimated Value
$7,905,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,630,085
Avg. Annual Appreciation
13.95%
Original Mortgage
$2,000,000
Outstanding Balance
$1,758,340
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$6,146,745

Purchase Details

Closed on
Sep 9, 2010
Sold by
Kelson Douglas P
Bought by
Cwg Holdings Ii Llc

Purchase Details

Closed on
Aug 16, 2005
Sold by
Coscarello Robert and Coscarello Elizabeth
Bought by
Kelso Douglas P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stevenson Adam $3,275,000 None Available
Cwg Holdings Ii Llc -- None Available
Kelso Douglas P $1,547,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevenson Adam $2,000,000
Previous Owner Kelso Douglas P $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2019 03/11/19 Sold $3,275,000 -18.1% $1,365 / Sq Ft
01/23/2019 01/23/19 Pending -- -- --
01/07/2019 01/07/19 For Sale $4,000,000 -- $1,667 / 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 $14,196 $431,810 $186,010 $245,800
2023 $14,196 $438,710 $188,980 $249,730
2022 $10,569 $288,290 $116,760 $171,530
2021 $8,965 $252,670 $120,120 $132,550
2020 $7,663 $214,500 $117,620 $96,880
2019 $7,663 $214,500 $117,620 $96,880
2018 $7,781 $361,320 $118,440 $242,880
2017 $7,366 $215,860 $113,400 $102,460
2016 $9,700 $193,210 $105,870 $87,340
2015 $6,193 $193,210 $105,870 $87,340
2014 $4,276 $127,470 $89,150 $38,320
Source: Public Records

Agents Affiliated with this Home

  • Thomas Melberg

    Seller's Agent in 2019

    Thomas Melberg

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 379-1297

    6 in this area

    37 Total Sales

    Thomas Melberg
    Section Image

  • n

    Buyer's Agent in 2019

    non- member

    Non-Member Office

See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 157434

Aspen Glenwood MLS

APN: R008776

Colorado Pitkin County Aspen 81611

627 W Main St, Aspen, CO

Not Listed for Sale

Detached

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