$1,815,000
SOLD OCT 8, 2015

700 S Monarch St Unit 306 Aspen, CO 81611

3 Beds
2 Baths
1,285 Sq Ft
1,263 Sq Ft Lot

Recently Sold

$1,412 Per Sq Ft

3% Below List Price

108 Days on Market

Highlights

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

About This Home

As of September 2024

A bright and airy, top-floor corner condominium unit perfectly located as a staging ground for play in Aspen. From this modern condominium rooted in tradition, take in views of Ajax, Shadow Mountain, and Red Mountain.

Cathedral ceilings throughout, all brand new kitchen appliances, a private master suite, generous storage space, and covered assigned parking fulfill the coveted essentials of vacation home ownership. In a quiet enclave of condominiums close to it all—150

feet away from Lift 1A and a two block stroll from the action downtown.

A terrific location that will only get better given the imminent nearby Lift 1A base development.

Last Agent to Sell the Property

Douglas Nehasil

Aspen Snowmass Properties Listed on: 05/01/2015

Co-Listed By

Kristen Maley

Aspen Snowmass Properties

Last Buyer's Agent

Jane Moy

Coldwell Banker Mason Morse-Aspen License #EA158521

Coldwell Banker Mason Morse-Aspen

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,829

Year Built

  • Built in 1971

Lot Details

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

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport
  • Assigned Parking

Outdoor Features

  • Patio
  • Storage Shed

Location

  • Mineral Rights Excluded

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 273513111010

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 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

$2,829

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: BJACA
  • Co List Office Phone: 970-922-2111
  • Inclusions: Dryer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: 700 Monarch
  • Directions: Turn off Durant Ave onto Monarch St, just before top of street 700 Monarch will be on the left. Park on street.
  • Above Grade Finished Sq Ft: 1285.0
  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1971
  • Tax Parcel Letter: R000164
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: RMF
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • General Info:Levels: 1.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 2828.92
  • Financing Info:Tax Year2: 2014
  • Extras:PatioDeck: Yes
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: 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
  • Miscellaneous:Under Construction3: No
  • Roof:Composition Shingles: 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): 1285.0
  • HOA Fees Includes:Unit Heat: Yes
  • Unit Faces:South: Yes
  • Unit Faces:West: Yes
  • Disclosures:No Dogs: Yes
  • Extras:Storage Shed: Yes
  • Gas:None3: Yes
  • Carport:Assigned: Yes
  • Financing Info:HOA Dues YN: Yes
  • Listing Info In Foreclosure: No
  • 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
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Disclosures: 1031 Exchange, No Dogs, Right of 1st Refusal
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Slab
  • Property Condition: Excellent
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Total Parking Spaces: 1.0
  • Parking Area:Assigned2: Yes
  • Carport 1 Car: Yes
  • Parking Area Total Parking: 1.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Natural Gas, Baseboard
  • Heating Yn: 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: Yes

Association/Amenities

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

Fee Information

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

Lot Info

  • Parcel #: 273513111010
  • Zoning: RMF

Tax Info

  • Tax Annual Amount: 2828.92
  • Tax Year: 2014

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.10%

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $4,325,000 Land Title Guarantee
Deed -- None Listed On Document
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 For Rent $35,000 0.0% --
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
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 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 $10,965 $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: 138812

Aspen Glenwood MLS

APN: R000164