$12,500,000
SOLD MAY 17, 2023

702 E Hyman Ave Unit 702 Aspen, CO 81611

3 Beds
3 Baths
2,584 Sq Ft
2,570 Sq Ft Lot

Recently Sold

$4,837 Per Sq Ft

Highlights

  • Indoor airPLUS
  • Brick Veneer
  • Laundry Room
  • Aspen Middle School Rated A-
  • Air Conditioning
  • 2-minute walk to Herron Park

About This Home

As of January 2024

Very Rare A+++ location duplex in the Central Core. This recently remodeled home has a two car garage, dramatic skylights, AC, and an open floor plan that will compliment your special social needs. The living area faces Aspen Mountain while the kitchen faces Red Mountain. A strong rental history would help those who wish to offset costs. Excellent condition, ready to move in.

Last Agent to Sell the Property

John Young

ENGEL & VOLKERS Brokerage Phone: (970) 925-8400 License #FA.100078612 Listed on: 04/18/2023

ENGEL & VOLKERS

Last Buyer's Agent

Steven Shane

Compass Aspen License #ER040002675

Compass Aspen

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,111

Year Built

  • Built in 1988

Lot Details

  • East Facing Home
  • Property is in excellent condition

HOA Fees

  • $1,339 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Brick Veneer
  • Metal Roof

Interior Spaces

  • 2,584 Sq Ft Home
  • 3-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Eco-Friendly Details

  • Indoor airPLUS

Utilities

  • Air Conditioning
  • Baseboard Heating

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

$15,111

Year Built

Built in 1988

Lot Details

0

HOA Fees

$1,339 per month

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Subdivision Name: 700 E Hyman
  • Directions: Corner of Hyman and Spring
  • Above Grade Finished Sq Ft: 2584.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1988
  • Tax Parcel Letter: R012587
  • Attribution Contact: (970) 925-8400
  • 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
  • Listing Info:ADU: No
  • General Info:Levels: 3.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 15111.0
  • Financing Info:Tax Year2: 2021
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Condition:Excellent: Yes
  • Miscellaneous:Under Construction3: No
  • General Info:LvHtSqFt (Abv Grnd): 2584.0
  • General Info:Unit Faces: East
  • Water:Community: Yes
  • Home Performance Programs:Energy Star Rated: No
  • Roof:Metal: Yes
  • Cooling:AC: Yes
  • Home Performance Programs:Indoor Air Plus: Yes
  • Exterior:Brick Veneer: Yes
  • Construction Brick: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 16063.56
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 2584.0
  • Style Other: 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
  • 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
  • Financing Info:Association Fee2: 4015.89
  • Financing Info:Association Fee Frequency2: Quarterly

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Parcel #: 273718211033
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 15111.0
  • 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
Total Days on Market
0
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
-29.80%

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
Not Available
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 Type Sale Price Title Company
Deed -- None Listed On Document
Special Warranty Deed $13,000,000 Land Title Guarantee
Special Warranty Deed $12,500,000 Aspen Title
Guardian Deed -- None Available
Deed $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

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Map

Source: Aspen Glenwood MLS

MLS Number: 178884

Aspen Glenwood MLS

APN: R012587