NOT LISTED FOR SALE

700 S Monarch St Unit 306 Aspen, CO 81611

Estimated Value: $3,161,000 - $5,339,000

3 Beds
2 Baths
1,285 Sq Ft
$1,487/mo HOA Fee

Last Sold September 13, 2024

Last sale price $4,325,000 $3,366 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $24,898/month

27 Days on Market

Highlights

  • Ski Accessible
  • Furnished
  • Resident Manager or Management On Site
  • Aspen Middle School Rated A-
  • Views
  • 4-minute walk to Wagner Park

About This Home

As of September 2024

Discover the epitome of Aspen living in this top floor corner unit, ideally situated just a block and a half from Lift 1A on Aspen Mountain. Remodeled in 2016, this condominium offers a fresh and modern aesthetic, perfectly complementing its convenient location.

The interior features a spacious layout with additional storage options, including a third bedroom with extra storage space, a large unit in front of the assigned underground parking, and a dedicated ''wood locker.'' These amenities cater to the needs of mountain enthusiasts and provide ample space for all your outdoor gear.

Enjoy unparalleled access to Aspen's renowned ski slopes and vibrant downtown scene, making this property a rare opportunity for those seeking both comfort and convenience in one of the world's most coveted mountain destinations.

Last Agent to Sell the Property

Maggie Melberg

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA.100050937 Listed on: 07/01/2024

Co-Listed By

Thomas Melberg

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA196381

Last Buyer's Agent

Jonathan Boxer

Christie's International Real Estate Aspen Snowmass License #EA.40039217

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,042

Year Built

  • Built in 1971

Lot Details

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

HOA Fees

  • $1,487 Monthly HOA Fees

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Membrane Roofing
  • Wood Siding

Interior Spaces

  • 1,285 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • Carport
  • Assigned Parking

Location

  • Mineral Rights Excluded

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Water Rights Not Included

Listing and Financial Details

  • Assessor Parcel Number 273513111010
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include management, 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

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,042

Year Built

Built in 1971

Lot Details

1,263 Sq Ft Lot

HOA Fees

$1,487 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: ASSHMA
  • Inclusions: Ceiling Fan, Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: 700 Monarch
  • Directions: Follow Monarch Street towards Aspen Mountain to 700 Monarch. Unit is up the first staircase on the top level.
  • Above Grade Finished Sq Ft: 1285.0
  • Architectural Style: Other
  • Carport Y N: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1971
  • Tax Parcel Letter: R000164
  • 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
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 1.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 10042.0
  • Financing Info:Tax Year2: 2023
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Roof:Membrane: Yes
  • Water Rights:No3: Yes
  • HOA Fees Includes:Management: Yes
  • Miscellaneous:Under Construction3: No
  • Condition:Good: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Ceiling Fan: 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): 1285.0
  • HOA Fees Includes:Unit Heat: Yes
  • General Info:Unit Faces: South
  • Water:Community: Yes
  • Inclusions:Oven: Yes
  • Disclosures:No Dogs: Yes
  • Inclusions:Freezer: Yes
  • Laundry Facility:In Hall: Yes
  • Carport:Assigned: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 17844.0
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1285.0
  • Style Other: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Disclosures: No Dogs, Right of 1st Refusal
  • Construction Type: Wood Siding, Frame
  • Direction Faces: South
  • Property Condition: Good
  • Roof: Composition, Membrane
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: Assigned
  • Carport 1 Car: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: Locker Ski Storage
  • Association Fee: 4461.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 4461.0
  • Financing Info:Association Fee Frequency2: Quarterly
  • Location Amenities:Exposure Southern: Yes
  • HOA Amenities:Locker Ski Storage: Yes
  • Location Amenities:Ski In Access: Yes
  • Location Amenities:Ski Out Access: Yes

Fee Information

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

Lot Info

  • Parcel #: 273513111010
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 10042.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Sep 13, 2024
Sold by
Absolute Ii Llc
Bought by
Wonderview Corporation
Seller's Agent
Maggie Melberg
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Jonathan Boxer
Christie's International Real Estate Aspen Snowmass
List Price
$4,500,000
Sold Price
$4,325,000
Premium/Discount to List
-$175,000
-3.89%
Views
9
Current Estimated Value
$4,387,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,701
Avg. Annual Appreciation
1.00%

Purchase Details

Listed on
Jul 1, 2024
Closed on
Jul 30, 2024
Sold by
1001-303 Llc
Bought by
Tpg Capital Holdings Llc
Seller's Agent
Maggie Melberg
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Jonathan Boxer
Christie's International Real Estate Aspen Snowmass
List Price
$4,500,000
Sold Price
$4,325,000
Premium/Discount to List
-$175,000
-3.89%
Views
9

Purchase Details

Closed on
Jul 28, 2005
Sold by
Kwei Thomas and Kwei Amy
Bought by
The Thomas Kwei Trust and The Amy Kwei Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wonderview Corporation $4,325,000 Land Title Guarantee
Tpg Capital Holdings Llc -- None Listed On Document
The Thomas Kwei Trust -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2024 09/13/24 Sold $4,325,000 -3.9% $3,366 / Sq Ft
07/01/2024 07/01/24 For Sale $4,500,000 +147.9% $3,502 / Sq Ft
10/08/2015 10/08/15 Sold $1,815,000 -3.5% $1,412 / Sq Ft View Prior Sale
08/18/2015 08/18/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $1,880,000 -- $1,463 / Sq Ft
Source: Aspen Glenwood MLS

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 $9,685 $333,550 $0 $333,550
2023 $10,965 $339,490 $0 $339,490
2022 $6,518 $177,780 $0 $177,780
2021 $6,490 $182,900 $0 $182,900
2020 $6,590 $184,450 $0 $184,450
2019 $6,590 $184,450 $0 $184,450
2018 $4,911 $185,740 $0 $185,740
2017 $4,334 $136,250 $0 $136,250
2016 $4,006 $123,360 $0 $123,360
2015 $3,766 $117,490 $0 $117,490
2014 $2,829 $84,340 $0 $84,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 184420

Aspen Glenwood MLS

APN: R000164

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