NOT LISTED FOR SALE

700 S Monarch St Unit 302 Aspen, CO 81611

Estimated Value: $4,588,000 - $5,597,000

3 Beds
2 Baths
1,112 Sq Ft
$1,120/mo HOA Fee

Last Sold November 30, 2022

Last sale price $4,100,000 $3,687 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $28,346/month

167 Days on Market

Highlights

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

About This Home

As of November 2022

A beautifully remodeled top-floor condominium at the base of Aspen Mountain—perfectly positioned for taking it all in. Located between the Gondola and Lift1A, access to skiing is an easy stroll away. Ski home on the Aspen Mountain Public Trail and use it to hike the mountain in the summer. Recap the day's activities on the south-facing balcony or around the fireplace with Aspen Mountain in the foreground. Thoughtful details throughout make family and friends feel at home. One assigned garage parking space, an extra-large storage unit on the ground floor, plus locker ski storage make this the ideal home away from home to launch your Aspen adventures.

Last Agent to Sell the Property

Doug Nehasil

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA1318349 Listed on: 05/02/2022

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Co-Listed By

Kristen Maley

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA40008852

Last Buyer's Agent

Doug Leibinger

Compass Aspen License #FA40009481

Compass Aspen

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,814

Year Built

  • Built in 1971

Lot Details

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

HOA Fees

  • $1,120 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Tar and Gravel Roof
  • Membrane Roofing
  • Stucco Exterior

Interior Spaces

  • 1,112 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Wood Burning Fireplace
  • Window Treatments
  • Property Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273513111014

Community Details

Overview

  • Association fees include contingency fund, management, sewer, insurance, water, trash, snow removal, ground maintenance, cable TV, internet
  • 700 Monarch Subdivision
  • On-Site Maintenance

Recreation

  • Ski Accessible
  • Ski Lockers
  • Snow Removal

Pet Policy

  • No Dogs Allowed

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,814

Year Built

Built in 1971

Lot Details

0

HOA Fees

$1,120 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: ASSHMA
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Range, Dishwasher
  • Subdivision Name: 700 Monarch
  • Directions: From Main Street, turn on to South Monarch heading toward Aspen Mountain. Continue past Durant Ave. Complex is on the left toward the top of the street. Park on street.
  • Above Grade Finished Sq Ft: 1112.0
  • Architectural Style: Contemporary
  • Master Model: No
  • New Construction: No
  • Year Built: 1971
  • Tax Parcel Letter: R000624
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Partial
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: RMF
  • General Info:Main Floor Master: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Foreclosure: No
  • Listing Info:ADU: No
  • General Info:Levels: 1.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 4813.64
  • Financing Info:Tax Year2: 2021
  • Extras:PatioDeck: Yes
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Substructure:Slab: Yes
  • Roof:Membrane: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • HOA Fees Includes:Management: Yes
  • Miscellaneous:Under Construction3: No
  • Electric:Yes: Public
  • 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): 1112.0
  • Exterior:Stucco: Yes
  • General Info:Unit Faces: South
  • Inclusions:Oven: Yes
  • Disclosures:No Dogs: Yes
  • HOA Fees Includes:Internet: Yes
  • Gas:None3: Yes
  • Roof:Tar Gravel: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 13444.0
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1112.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Disclosures: No Dogs, Right of 1st Refusal
  • Construction Type: Stucco, Frame
  • Direction Faces: South
  • Foundation Details: Slab
  • Property Condition: Excellent
  • Roof: Tar/Gravel, Membrane
  • 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, Electric, Baseboard
  • Heating Yn: Yes
  • Electric: Yes
  • Utilities: Cable Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Locker Ski Storage
  • Association Fee: 3361.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 3361.0
  • Financing Info:Association Fee Frequency2: Quarterly
  • 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, Insurance, Water, Trash, Snow Removal, Maintenance Grounds, Cable TV, Internet

Lot Info

  • Parcel #: 273513111014
  • Zoning: RMF

Tax Info

  • Tax Annual Amount: 4813.64
  • Tax Year: 2021

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
$4,954,798

Purchase Details

Listed on
May 2, 2022
Closed on
Nov 30, 2022
Sold by
Jan Patric Hagemeier Llc
Bought by
2009 Allan W Tulloch Jr And Alison L Plessman
Seller's Agent
Doug Nehasil
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Doug Leibinger
Compass Aspen
List Price
$4,995,000
Sold Price
$4,100,000
Premium/Discount to List
-$895,000
-17.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$3,600,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2008
Sold by
Hemmeter Md George Mead
Bought by
Gm & Mj Properties Llc
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
2009 Allan W Tulloch Jr And Alison L Plessman $4,100,000 Land Title
Gm & Mj Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2009 Allan W Tulloch Jr And Alison L Plessman $3,600,000
Previous Owner Jan Patric Hagemeier Llc $1,255,839
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $4,100,000 -17.9% $3,687 / Sq Ft
05/02/2022 05/02/22 For Sale $4,995,000 +140.7% $4,492 / Sq Ft
08/14/2020 08/14/20 Sold $2,075,000 -9.3% $1,866 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
06/12/2019 06/12/19 For Sale $2,289,000 -- $2,058 / 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 $9,930 $302,040 $0 $302,040
2023 $9,930 $307,680 $0 $307,680
2022 $5,909 $161,180 $0 $161,180
2021 $4,814 $135,660 $0 $135,660
2020 $4,888 $136,820 $0 $136,820
2019 $5,431 $152,020 $0 $152,020
2018 $4,048 $153,080 $0 $153,080
2017 $3,572 $112,300 $0 $112,300
2016 $3,128 $96,320 $0 $96,320
2015 $3,087 $96,320 $0 $96,320
2014 $2,448 $72,990 $0 $72,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 174797

Aspen Glenwood MLS

APN: R000624