NOT LISTED FOR SALE

700 S Monarch St Unit 202 Aspen, CO 81611

Estimated Value: $4,099,332 - $6,757,000

3 Beds
2 Baths
1,290 Sq Ft
1,307 Sq Ft Lot

Last Sold September 05, 2017

Last sale price $2,580,000 $2,000 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $28,429/month

103 Days on Market

Highlights

  • Ski Accessible
  • Contemporary Architecture
  • Corner Lot
  • Aspen Middle School Rated A-
  • Steam Shower
  • 4-minute walk to Wagner Park

About This Home

As of September 2017

Another stunning remodel by Kim Raymond Architects! Come appreciate not just the functionality but also the form of this ideally located condo with FRONT ROW VIEWS right up to the ski easement to Aspen Mountain. It doesn't get better than this, with all of the amenities of the perfect location (ski-in), views, parking garage, huge storage closet, wood storage for wood burning fireplace and great rental income. Come enjoy everything Aspen has to offer from world-class shopping and dining to all of the wonderful outdoor activities. This condo is not to be missed! Low dues include heat, water, sewer, trash and $807 toward reserves. Offered furnished. Extras include induction cooktop, steam shower, Lieberrer refrigerator, F and P dishwasher.

Last Agent to Sell the Property

Victoria Thomas

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA1321288 Listed on: 06/14/2017

Last Buyer's Agent

Erik Berg

ENGEL & VOLKERS License #ER.040043847

ENGEL & VOLKERS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,195

Year Built

  • Built in 1971

Lot Details

  • South Facing Home
  • Southern Exposure
  • Landscaped
  • Property is in excellent condition

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Tar and Gravel Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1,290 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Window Treatments
  • Property Views

Kitchen

  • Oven
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • ENERGY STAR Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Steam Shower

Laundry

  • ENERGY STAR Qualified Dryer
  • Dryer
  • ENERGY STAR Qualified Washer

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Overhangs above south facing windows
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273513111011

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include contingency fund, management, sewer, unit heat, insurance, water, trash, snow removal, ground maintenance, cable TV
  • 700 Monarch Subdivision
  • On-Site Maintenance

Recreation

  • Ski Accessible
  • Ski Lockers
  • Snow Removal

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,195

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Dryer, Energy Star Oven, Energy Star Dishwash, Energy Star Refrig, Washer, Window Coverings, Energy Star Washer, Energy Star Range, Energy Star Dryer
  • Subdivision Name: 700 Monarch
  • Directions: From Durant, turn South onto South Monarch Street, condo complex will be on left at top of the street. Unit is on 2nd floor at far east end of building.
  • Above Grade Finished Sq Ft: 1290.0
  • Architectural Style: Contemporary
  • Master Model: No
  • New Construction: No
  • Year Built: 1971
  • Tax Parcel Letter: R000205
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 1.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 4194.52
  • Financing Info:Tax Year2: 2016
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Substructure:Slab: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • HOA Fees Includes:Management: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Cable TV2: 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): 1290.0
  • HOA Fees Includes:Unit Heat: Yes
  • Unit Faces:South: Yes
  • Extras:Steam Shower: Yes
  • Energy Efficiency:S Facing Overhangs: Yes
  • Inclusions:Energy Star Dishwash: Yes
  • Inclusions:Energy Star Dryer: Yes
  • Inclusions:Energy Star Oven: Yes
  • Inclusions:Energy Star Range: Yes
  • Inclusions:Energy Star Refrig: Yes
  • Inclusions:Energy Star Washer: Yes
  • Extras:Storage Shed: Yes
  • Roof:Tar Gravel: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 1290.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Corner Lot, Landscaped
  • Construction Type: Wood Siding, Stone Veneer, Frame
  • Foundation Details: Slab
  • Property Condition: Excellent
  • Roof: Tar/Gravel
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • Keywords Info:Garage: 1 Car
  • Parking Area:None5: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Natural Gas
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Locker Ski Storage
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Corner Lot: Yes
  • Location Amenities:Exposure Southern: Yes
  • HOA Amenities:Locker Ski Storage: Yes
  • Location Amenities:Ski In Access: Yes

Fee Information

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

Lot Info

  • Parcel #: 273513111011
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 4194.52
  • Tax Year: 2016

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
$5,250,083

Purchase Details

Listed on
Jun 14, 2017
Closed on
Sep 5, 2017
Sold by
Costanza Cahrles and Costanza Phyllis K
Bought by
Trb 700 Llc
Seller's Agent
Victoria Thomas
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Erik Berg
ENGEL & VOLKERS
List Price
$2,695,000
Sold Price
$2,580,000
Premium/Discount to List
-$115,000
-4.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%

Purchase Details

Listed on
Aug 20, 2011
Closed on
Jun 15, 2012
Sold by
Harden Sheila H and The Sheila H Harden Revocable
Bought by
Costanza Phyllis K and Costanza Charles
Seller's Agent
Douglas Nehasil
Aspen Snowmass Properties
Buyer's Agent
Victoria Thomas
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$1,100,000
Sold Price
$1,015,000
Premium/Discount to List
-$85,000
-7.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.69%
Original Mortgage
$500,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2005
Sold by
Harden Sheila H
Bought by
Harden Sheila H and The Sheila H Harden Revocable
Source: Public Records

Range of Values:

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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
Trb 700 Llc $2,580,000 Land Title Guarantee Co
Costanza Phyllis K $1,015,000 Pct
Harden Sheila H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Costanza Phyllis K $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2017 09/05/17 Sold $2,580,000 -4.3% $2,000 / Sq Ft
07/26/2017 07/26/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $2,695,000 +165.5% $2,089 / Sq Ft
06/29/2012 06/29/12 Sold $1,015,000 -7.7% $787 / Sq Ft View Prior Sale
04/10/2012 04/10/12 Pending -- -- --
08/20/2011 08/20/11 For Sale $1,100,000 -- $853 / 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 $10,727 $326,290 $0 $326,290
2023 $10,727 $332,160 $0 $332,160
2022 $6,825 $186,160 $0 $186,160
2021 $6,796 $191,520 $0 $191,520
2020 $6,900 $193,140 $0 $193,140
2019 $6,900 $193,140 $0 $193,140
2018 $5,143 $194,490 $0 $194,490
2017 $4,538 $142,680 $0 $142,680
2016 $4,195 $129,170 $0 $129,170
2015 $4,140 $129,170 $0 $129,170
2014 $3,111 $92,740 $0 $92,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 148440

Aspen Glenwood MLS

APN: R000205