NOT LISTED FOR SALE

718 S Mill St Unit 2 Aspen, CO 81611

Estimated Value: $4,333,000 - $5,995,000

3 Beds
3 Baths
1,243 Sq Ft
$1,645/mo HOA Fee

Last Sold September 18, 2023

Last sale price $4,700,000 $3,781 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $28,761/month

6 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Air Conditioning
  • Aspen Middle School Rated A-
  • Ski Lockers
  • 3-minute walk to Wagner Park Playground

About This Home

As of September 2023

The perfect blend of luxury and convenience come together at this freshly remodeled home in Aspen's core area. Three suites sit in a well-designed two-story layout - it's sure to impress! The refined finishes of modern, custom cabinetry for extra storage, handsome stone work, mood lighting and air conditioning plus the prime location with easy access to world-class mountain sports, shopping and dining make this an ideal retreat on the slopes. Fasching Haus is located just two blocks from the gondola, Lift 1A, and downtown. With an on-site heated pool, hot tub, workout facility, and front desk with on-site management. This unit is in Aspen's Short Term Lodging District, allowing short-term rentals if rental income is important. Strong rental income potential for its caliber of amenities, but renting is never required.

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: 08/01/2023

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

Leah Moriarty

Plus Real Estate License #FA1021855

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,057

Year Built

  • Built in 1965

Lot Details

  • South Facing Home
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

HOA Fees

  • $1,645 Monthly HOA Fees

Home Design

  • Frame Construction
  • Tar and Gravel Roof
  • Wood Siding

Interior Spaces

  • 1,243 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Gas Fireplace
  • Window Treatments
  • Crawl Space

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • Carport
  • No Garage
  • Common or Shared Parking

Pool

  • Spa
  • Outdoor Pool

Location

  • Mineral Rights Excluded

Utilities

  • Air Conditioning
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Water Rights Not Included
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 273718277006

Community Details

Overview

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

Recreation

  • Fitness Center
  • Ski Lockers
  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Security

  • Front Desk in Lobby
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,057

Year Built

Built in 1965

Lot Details

0

HOA Fees

$1,645 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: ASSHMA
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Stove Top, Range, Microwave, Dishwasher
  • Subdivision Name: Fasching Haus
  • Directions: From Durant Ave, turn on to S. Galena St. Fasching Haus will be on the right past Alpenblick. Unit 2 is in West building, accessed off Summit Street entrance. Walkway on left.
  • Above Grade Finished Sq Ft: 1243.0
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1965
  • Tax Parcel Letter: R000732
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Partial
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: RMF PUD
  • General Info:Main Floor Master: No
  • 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: 2.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 6056.92
  • Financing Info:Tax Year2: 2022
  • Extras:Landscaping: Yes
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Extras:Pool: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • HOA Fees Includes:Management: Yes
  • Miscellaneous:Under Construction3: No
  • Electric:Yes: Public
  • Substructure:Crawl Space: Yes
  • Mineral Rights:No2: 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): 1243.0
  • HOA Fees Includes:Unit Heat: Yes
  • General Info:Unit Faces: South
  • Style:Two Story: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Stove Top: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Cooling:AC: Yes
  • HOA Fees Includes:Internet: Yes
  • Exclusions: to be provided after MEC
  • Laundry Facility:In Hall: Yes
  • Roof:Tar Gravel: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 19741.92
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1243.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Disclosures: Right of 1st Refusal
  • Construction Type: Wood Siding, Frame
  • Direction Faces: South
  • Property Condition: Excellent
  • Roof: Tar/Gravel
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Common
  • Keywords Info:Garage: None
  • Parking Area:Common2: Yes

Utilities

  • Laundry Features: In Hall
  • Cooling: A/C
  • Cooling Y N: Yes
  • Heating: Radiant, Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Amenities: Management, Front Desk, Locker Ski Storage, Pets Allowed/Owner, Fitness Center
  • Association Fee: 4935.48
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 4935.48
  • Financing Info:Association Fee Frequency2: Quarterly
  • Location Amenities:Gentle Topo: Yes
  • HOA Amenities:Fitness Center: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • Location Amenities:Trees: Yes
  • HOA Amenities:Front Desk: Yes
  • HOA Amenities:Locker Ski Storage: Yes
  • HOA Amenities:Management2: Yes

Fee Information

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

Lot Info

  • Parcel #: 273718277006
  • Zoning: RMF PUD

Tax Info

  • Tax Annual Amount: 6056.92
  • Tax Year: 2022

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2023 09/18/23 Sold $4,700,000 -3.1% $3,781 / Sq Ft
08/01/2023 08/01/23 For Sale $4,850,000 -- $3,902 / 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 $8,910 $271,040 $0 $271,040
2023 $8,910 $276,370 $0 $276,370
2022 $6,057 $165,210 $0 $165,210
2021 $6,031 $169,960 $0 $169,960
2020 $5,126 $143,490 $0 $143,490
2019 $5,126 $143,490 $0 $143,490
2018 $4,383 $144,490 $0 $144,490
2017 $3,363 $105,740 $0 $105,740
2016 $2,558 $78,760 $0 $78,760
2015 $2,525 $78,760 $0 $78,760
2014 $2,516 $75,020 $0 $75,020
Source: Public Records

Agents Affiliated with this Home

  • Doug Nehasil

    Seller's Agent in 2023

    Doug Nehasil

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 379-1148

    36 in this area

    82 Total Sales

    Doug Nehasil
    Section Image

  • K

    Seller Co-Listing Agent in 2023

    Kristen Maley

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 948-1605

    36 in this area

    85 Total Sales

    Kristen Maley
    Section Image
  • Leah Moriarty

    Buyer's Agent in 2023

    Leah Moriarty

    Plus Real Estate

    (970) 923-2006

    8 in this area

    28 Total Sales

    Leah Moriarty
    Section Image
  • Walker Moriarty

    Buyer Co-Listing Agent in 2023

    Walker Moriarty

    Plus Real Estate

    (970) 379-0293

    12 in this area

    35 Total Sales

    Walker Moriarty
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 180418

Aspen Glenwood MLS

APN: R000732

Colorado Pitkin County Aspen 81611

718 S Mill St Unit 2, Aspen, CO

Not Listed for Sale

Condos

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