NOT LISTED FOR SALE

700 S Monarch St Unit 108 Aspen, CO 81611

Estimated Value: $1,498,643 - $2,124,000

-- Bed
1 Bath
492 Sq Ft
$715/mo HOA Fee

Last Sold February 23, 2024

Last sale price $1,400,000 $2,846 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $10,556/month

150 Days on Market

Highlights

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

About This Home

As of February 2024

Downtown 492 SF studio in the Core, less than a block away from Lift 1A. This condominium comes with a separate storage room and an underground assigned parking space. Renovated with new floors, updated bathroom, appliances and furniture.

Last Agent to Sell the Property

Galen Bright

Setterfield & Bright Brokerage Phone: (970) 920-1833 License #FA1310977 Listed on: 08/28/2023

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

  • $2,037

Year Built

  • Built in 1971

Lot Details

  • North Facing Home
  • Landscaped
  • Property is in good condition

HOA Fees

  • $715 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1 Full Bathroom
  • 492 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Window Treatments
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Assigned Parking

Outdoor Features

  • Storage Shed

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 273513111001

Community Details

Overview

  • Association fees include contingency fund, sewer, unit heat, insurance, water, trash, snow removal, ground maintenance
  • 700 Monarch Subdivision
  • On-Site Maintenance

Recreation

  • Ski Accessible
  • Ski Lockers
  • Snow Removal

Pet Policy

  • No Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,037

Year Built

Built in 1971

Lot Details

0

HOA Fees

$715 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Dryer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: 700 Monarch
  • Directions: Going East on Main Street, take right on Monarch Street and drive south up the hill and 700 Monarch is on the left.
  • Above Grade Finished Sq Ft: 492.0
  • Architectural Style: Contemporary
  • Master Model: No
  • New Construction: No
  • Year Built: 1971
  • Tax Parcel Letter: R001070
  • Attribution Contact: (970) 920-1833
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: L
  • 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: 2037.32
  • Financing Info:Tax Year2: 2022
  • Extras:Landscaping: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Extras:Cable TV: Yes
  • Electric:Yes: Public
  • Condition:Good: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Sewer2: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • HOA Fees Includes:Water: Yes
  • General Info:LvHtSqFt (Abv Grnd): 492.0
  • HOA Fees Includes:Unit Heat: Yes
  • Exterior:Stucco: Yes
  • General Info:Unit Faces: North
  • Disclosures:No Dogs: Yes
  • Home Performance Programs:Indoor Air Plus: No
  • Extras:Storage Shed: Yes
  • Gas:None3: Yes
  • Laundry Facility:In Hall: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 8580.0
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 1
  • Living Area: 492.0

Exterior Features

  • Lot Features: Landscaped
  • Disclosures: No Dogs, Right of 1st Refusal
  • Construction Type: Wood Siding, Stucco, Frame
  • Direction Faces: North
  • Property Condition: Good
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 Car, Assigned
  • Keywords Info:Garage: Assigned
  • Parking Area:Assigned2: Yes
  • Parking Area:_one_ Car2: Yes

Utilities

  • Laundry Features: In Hall
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Natural Gas, Baseboard
  • Heating Yn: Yes
  • Electric: Yes
  • Utilities: Cable Available
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Amenities: Locker Ski Storage
  • Association Fee: 2145.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 2145.0
  • Financing Info:Association Fee Frequency2: Quarterly
  • HOA Amenities:Locker Ski Storage: Yes
  • Location Amenities:Ski In Access: Yes

Fee Information

  • Association Fee Includes: Contingency Fund, Sewer, Unit Heat, Insurance, Water, Trash, Snow Removal, Maintenance Grounds

Lot Info

  • Parcel #: 273513111001
  • Zoning: L

Tax Info

  • Tax Annual Amount: 2037.32
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2024
Sold by
1001-303 Llc
Bought by
Tpg Capital Holdings Llc
Current Estimated Value
$1,808,911

Purchase Details

Listed on
Aug 28, 2023
Closed on
Feb 23, 2024
Sold by
Weigand Monarch Llc
Bought by
Tonesan Llc
Seller's Agent
Galen Bright
Setterfield & Bright
Buyer's Agent
Lex Tarumianz
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$1,595,000
Sold Price
$1,400,000
Premium/Discount to List
-$195,000
-12.23%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.58%

Purchase Details

Closed on
Sep 8, 2022
Sold by
Rupert Investments Lp
Bought by
Weigand Monarch Llc
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
Tpg Capital Holdings Llc -- None Listed On Document
Tonesan Llc $1,400,000 Land Title
Weigand Monarch Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $1,400,000 -12.2% $2,846 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
08/28/2023 08/28/23 For Sale $1,595,000 -- $3,242 / 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 $3,344 $101,720 $0 $101,720
2023 $3,344 $105,410 $0 $105,410
2022 $2,037 $55,570 $0 $55,570
2021 $2,028 $57,160 $0 $57,160
2020 $1,661 $46,480 $0 $46,480
2019 $1,661 $46,480 $0 $46,480
2018 $1,479 $58,050 $0 $58,050
2017 $1,305 $42,590 $0 $42,590
2016 $1,252 $38,560 $0 $38,560
2015 $1,236 $38,560 $0 $38,560
2014 $928 $27,680 $0 $27,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 180786

Aspen Glenwood MLS

APN: R001070