NOT LISTED FOR SALE

700 S Monarch St Unit 104 Aspen, CO 81611

Estimated Value: $2,926,000 - $4,331,000

2 Beds
2 Baths
1,014 Sq Ft
$873/mo HOA Fee

Last Sold October 19, 2021

Last sale price $2,600,000 $2,564 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $19,879/month

4 Days on Market

Highlights

  • Ski Accessible
  • Contemporary Architecture
  • Laundry Facilities
  • Aspen Middle School Rated A-
  • Furnished
  • 4-minute walk to Wagner Park

About This Home

As of October 2021

Sought after location with direct ski access to Aspen Mountain! This turn key, beautifully remodeled two bedroom condo in the Aspen core features marble countertops, Subzero appliances, heated bathroom floors, a soaking tub, hardwood floors and a cozy wood fireplace in the living room. With a proven track record for strong rental numbers, the property could serve as an end users Aspen dream, or the investor looking for steady income.

Last Agent to Sell the Property

The Burggraf Group Will and Sarah Burggraf

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 Listed on: 08/30/2021

Last Buyer's Agent

Lex Tarumianz

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA100014565

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,676

Year Built

  • Built in 1971

Lot Details

  • 1,002

HOA Fees

  • $873 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,014 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Window Treatments

Kitchen

  • Oven
  • Stove
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Water Rights Not Included

Additional Features

  • Property is in excellent condition
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273513111002

Community Details

Overview

  • Association fees include sewer
  • 700 Monarch Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Ski Accessible
  • Ski Lockers

Pet Policy

  • No Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,676

Year Built

Built in 1971

Lot Details

0

HOA Fees

$873 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Stove Top, Microwave, Dishwasher
  • Subdivision Name: 700 Monarch
  • Directions: Located on Monarch Street on Aspen Mountain
  • Above Grade Finished Sq Ft: 1014.0
  • Architectural Style: Contemporary
  • Master Model: No
  • New Construction: No
  • Year Built: 1971
  • Tax Parcel Letter: R000682
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Listing Info:ADU: No
  • General Info:Levels: 1.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 4676.4
  • Financing Info:Tax Year2: 2020
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 1014.0
  • Water:Community: Yes
  • Inclusions:Oven: Yes
  • Disclosures:No Dogs: Yes
  • Inclusions:Freezer: Yes
  • Inclusions:Stove Top: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 10480.0
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1014.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Disclosures: 1031 Exchange, No Dogs, Right of 1st Refusal
  • Property Condition: Excellent

Garage/Parking

  • Keywords Info:Garage: 1 Car

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Water Source: Community

Condo/Co-op/Association

  • Amenities: Locker Ski Storage
  • Association Fee: 2620.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 2620.0
  • Financing Info:Association Fee Frequency2: Quarterly
  • HOA Amenities:Locker Ski Storage: Yes
  • Location Amenities:Ski In Access: Yes
  • Location Amenities:Ski Out Access: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Parcel #: 273513111002
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 4676.4
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Oct 15, 2021
Sold by
Arnold Kara and Seike Kyle
Bought by
Birdies Nest Llc
Seller's Agent
The Burggraf Group Will and Sarah Burggraf
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Lex Tarumianz
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$2,735,000
Sold Price
$2,600,000
Premium/Discount to List
-$135,000
-4.94%
Current Estimated Value
$3,513,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$913,824
Avg. Annual Appreciation
7.78%
Original Mortgage
$1,950,000
Outstanding Balance
$1,778,218
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$1,735,606

Purchase Details

Listed on
Jul 2, 2020
Closed on
Aug 25, 2020
Sold by
104 Btm Llc
Bought by
Arnold Kara and Seike Kyle
Seller's Agent
Matthew Ross
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Sarah Burggraf
Aspen Snowmass Sotheby's International Realty-Snowmass Village
List Price
$1,875,000
Sold Price
$1,825,000
Premium/Discount to List
-$50,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.04%
Original Mortgage
$1,460,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2018
Closed on
Apr 1, 2019
Sold by
Robert E Wargaski Declaration Of Trust
Bought by
104 Btm Llc
Seller's Agent
Brenda Wild
Berkshire Hathaway Home Services Signature Properties
Buyer's Agent
Eric Cohen
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$1,495,000
Sold Price
$1,275,000
Premium/Discount to List
-$220,000
-14.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.20%

Purchase Details

Closed on
Apr 3, 2000
Bought by
Wargaski Robert E Trust
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
Birdies Nest Llc $2,600,000 Land Title Guarantee Co
Arnold Kara $1,825,000 Land Title Guarantee Co
104 Btm Llc $1,275,000 Land Title Guarantee Co
Wargaski Robert E Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Birdies Nest Llc $1,950,000
Previous Owner Arnold Kara $1,460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2021 10/19/21 Sold $2,600,000 -4.9% $2,564 / Sq Ft
09/04/2021 09/04/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $2,735,000 +49.9% $2,697 / Sq Ft
08/25/2020 08/25/20 Sold $1,825,000 -2.7% $1,800 / Sq Ft View Prior Sale
07/11/2020 07/11/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $1,875,000 +47.1% $1,849 / Sq Ft
04/01/2019 04/01/19 Sold $1,275,000 -14.7% $1,257 / Sq Ft View Prior Sale
02/19/2019 02/19/19 Pending -- -- --
06/12/2018 06/12/18 For Sale $1,495,000 -- $1,474 / 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 $6,927 $210,720 $0 $210,720
2023 $6,927 $215,470 $0 $215,470
2022 $4,587 $125,110 $0 $125,110
2021 $4,567 $128,710 $0 $128,710
2020 $4,638 $129,810 $0 $129,810
2019 $3,630 $101,590 $0 $101,590
2018 $3,164 $102,300 $0 $102,300
2017 $2,792 $87,770 $0 $87,770
2016 $2,580 $79,460 $0 $79,460
2015 $2,547 $79,460 $0 $79,460
2014 $1,914 $57,050 $0 $57,050
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    The Burggraf Group Will and Sarah Burggraf

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

  • Lex Tarumianz

    Buyer's Agent in 2021

    Lex Tarumianz

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (540) 325-3214

    132 in this area

    211 Total Sales

    Lex Tarumianz
    Section Image
  • Sarah Pegler CCIM

    Buyer Co-Listing Agent in 2021

    Sarah Pegler CCIM

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (913) 963-7273

    21 in this area

    43 Total Sales

    Sarah Pegler CCIM
    Section Image

  • M

    Seller's Agent in 2020

    Matthew Ross

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 948-2337

    8 in this area

    15 Total Sales

    Matthew Ross
    Section Image

  • E

    Seller Co-Listing Agent in 2020

    Eric Cohen

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 925-6060

    23 in this area

    33 Total Sales

    Eric Cohen
    Section Image

  • S

    Buyer's Agent in 2020

    Sarah Burggraf

    Aspen Snowmass Sotheby's International Realty-Snowmass Village

    (970) 923-2006

    8 Total Sales

    Sarah Burggraf
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 171792

Aspen Glenwood MLS

APN: R000682

Colorado Pitkin County Aspen 81611

700 S Monarch St Unit 104, Aspen, CO

This home is located at 700 S Monarch St Unit 104, Aspen, CO 81611 since 30 August 2021 and is currently estimated at $3,513,824, approximately $3,465 per square foot. This property was built in 1971. 700 S Monarch St Unit 104 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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