NOT LISTED FOR SALE

702 E Hyman Ave Unit 702 Aspen, CO 81611

Estimated Value: $3,623,000 - $12,051,583

3 Beds
3 Baths
2,584 Sq Ft
$3,033/Sq Ft Est. Value

Last Sold January 08, 2024

Last sale price $13,000,000 $5,031 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $47,497/month

6 Days on Market

Highlights

  • Contemporary Architecture
  • Hydromassage or Jetted Bathtub
  • Brick Veneer
  • Aspen Middle School Rated A-
  • Furnished
  • 2-minute walk to Herron Park

About This Home

As of January 2024

Rarely available and highly desirable impeccably maintained central core townhome. This three-bedroom, three-bath East Hyman townhome features Aspen Mountain views and a two-car garage. Minutes to all Aspen restaurants, shopping, and The Aspen Mountain gondola. It is located in Aspen's 'MU' rental district, providing an easily acquired short-term rental license.

Last Agent to Sell the Property

Steven Shane

Compass Aspen Brokerage Phone: 970-925-6063 License #ER040002675 Listed on: 12/13/2023

Compass Aspen

Last Buyer's Agent

Steven Shane

Shane Aspen

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,680

Year Built

  • Built in 1988

Lot Details

  • East Facing Home
  • Lot Has A Rolling Slope
  • Landscaped with Trees
  • Property is in excellent condition

HOA Fees

  • $1,339 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Brick Veneer
  • Metal Roof

Interior Spaces

  • 2,584 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Property Views

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Mineral Rights Excluded

Utilities

  • Air Conditioning
  • Baseboard Heating
  • Water Rights Not Included
  • Water Softener

Community Details

  • Association fees include sewer
  • 700 E Hyman Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273718211033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,680

Year Built

Built in 1988

Lot Details

0

HOA Fees

$1,339 per month

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Inclusions: Ceiling Fan, Dryer, Freezer, Oven, Refrigerator, Washer, Water Softener, Stove Top, Range, Microwave, Dishwasher
  • Subdivision Name: 700 E Hyman
  • Directions: Second Townhome from the Corner of Hyman and Spring.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1988
  • Tax Parcel Letter: R012587
  • Attribution Contact: 970-925-6063
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: 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: 3.0
  • Financing Info:Taxes2: 15680.0
  • Financing Info:Tax Year2: 2023
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Electric:Yes: Public
  • Mineral Rights:No2: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Water Softener: Yes
  • General Info:Unit Faces: East
  • Water:Community: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Freezer: Yes
  • Inclusions:Stove Top: Yes
  • Roof:Metal: Yes
  • Cooling:AC: Yes
  • Extras:Softener: Yes
  • Exterior:Brick Veneer: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Construction Brick: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 16063.56
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2584.0
  • Fireplace:Gas: Yes

Exterior Features

  • Construction Type: Brick Veneer, Brick
  • Direction Faces: East
  • Property Condition: Excellent
  • Roof: Metal

Garage/Parking

  • Keywords Info:Garage: 2 Car
  • General Info:Garage SqFt: 400.0

Utilities

  • Laundry Features: Inside
  • Cooling: A/C
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Electric: Yes
  • Utilities: Natural Gas Available
  • Water Source: Community
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 4015.89
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 4015.89
  • Financing Info:Association Fee Frequency2: Quarterly
  • Location Amenities:Trees: Yes
  • Location Amenities:Rolling Topo: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Parcel #: 273718211033
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 15680.0
  • Tax Year: 2023

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
Total Days on Market
6
Current Estimated Value
$7,837,292

Purchase Details

Listed on
Dec 13, 2023
Closed on
Jan 8, 2024
Sold by
Fl & Al Community Trust
Bought by
B & L Land Acquisitions Llc
Seller's Agent
Steven Shane
Compass Aspen
Buyer's Agent
Steven Shane
Compass Aspen
List Price
$13,950,000
Sold Price
$13,000,000
Premium/Discount to List
-$950,000
-6.81%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-29.98%

Purchase Details

Listed on
Apr 18, 2023
Closed on
May 17, 2023
Sold by
702 E Hyman Llc
Bought by
Fl & Al Community Trust
Seller's Agent
John Young
ENGEL & VOLKERS
Buyer's Agent
Steven Shane
Compass Aspen
List Price
$12,500,000
Sold Price
$12,500,000
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%

Purchase Details

Closed on
Dec 20, 2021
Sold by
Glah Robert
Bought by
702 E Hyman Llc

Purchase Details

Closed on
Aug 30, 1988
Bought by
Martell Barbara
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
B & L Land Acquisitions Llc $13,000,000 Land Title Guarantee
Fl & Al Community Trust $12,500,000 Aspen Title
702 E Hyman Llc -- None Available
Martell Barbara $895,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2024 01/08/24 Sold $13,000,000 -6.8% $5,031 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
12/13/2023 12/13/23 For Sale $13,950,000 +11.6% $5,399 / Sq Ft
05/17/2023 05/17/23 Sold $12,500,000 0.0% $4,837 / Sq Ft
04/18/2023 04/18/23 For Sale $12,500,000 -- $4,837 / 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 $27,974 $850,920 $0 $850,920
2023 $27,974 $861,880 $0 $861,880
2022 $15,680 $434,650 $0 $434,650
2021 $15,613 $447,160 $0 $447,160
2020 $15,954 $446,550 $0 $446,550
2019 $15,698 $446,550 $0 $446,550
2018 $15,544 $449,670 $0 $449,670
2017 $13,715 $438,420 $0 $438,420
2016 $11,232 $353,860 $0 $353,860
2015 $11,087 $353,860 $0 $353,860
2014 $10,722 $327,630 $0 $327,630
Source: Public Records

Agents Affiliated with this Home

  • Steven Shane

    Seller's Agent in 2024

    Steven Shane

    Compass Aspen

    (970) 925-6063

    88 in this area

    137 Total Sales

    Steven Shane
    Section Image

  • J

    Seller's Agent in 2023

    John Young

    ENGEL & VOLKERS

    (970) 948-2614

    3 in this area

    22 Total Sales

    John Young
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 181953

Aspen Glenwood MLS

APN: R012587

Colorado Pitkin County Aspen 81611

702 E Hyman Ave Unit 702, Aspen, CO

This home is located at 702 E Hyman Ave Unit 702, Aspen, CO 81611 since 13 December 2023 and is currently estimated at $7,837,292, approximately $3,033 per square foot. This property was built in 1988. 702 E Hyman Ave Unit 702 is a home located in Pitkin County with nearby schools including Aspen Elementary School, Aspen Middle School, and Aspen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Aspen Glenwood MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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