NOT LISTED FOR SALE

718 S Mill St Unit 4 Aspen, CO 81611

Estimated Value: $3,481,000 - $5,435,000

3 Beds
3 Baths
1,222 Sq Ft
$1,200/mo HOA Fee

Last Sold May 22, 2020

Last sale price $2,250,000 $1,841 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $24,855/month

57 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Furnished
  • Aspen Middle School Rated A-
  • Main Floor Primary Bedroom
  • 3-minute walk to Wagner Park Playground

About This Home

As of May 2020

Convenient turn-key condo puts the best of Aspen just outside your door. Only a few short blocks to the gondola! This spacious top floor two-level unit offers 3 bedrooms and 3 en-suite baths with direct access to the pool and hot tub. Tasteful remodel added additional square footage, chef's kitchen, A/C units throughout, and a cozy stacked-stone gas fireplace. Convenient off-street parking, too. This well-established complex offers on-site management, ensuring seamless check-in and top-notch service for you and your rental guests. Proven rental producer, or simply lock and leave.

Last Agent to Sell the Property

Scott Bayens

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA040045606 Listed on: 02/18/2020

Last Buyer's Agent

Leah Moriarty

Plus Real Estate License #FA1021855

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,904

Year Built

  • Built in 1965

Lot Details

  • West Facing Home
  • Property is in excellent condition

HOA Fees

  • $1,200 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Frame Construction
  • Tar and Gravel Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1,222 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Gas Fireplace
  • Window Treatments

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Pool

Utilities

  • Air Conditioning
  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 273718277001

Community Details

Overview

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

Amenities

  • Meeting Room
  • Laundry Facilities

Recreation

  • Fitness Center
  • 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

$4,904

Year Built

Built in 1965

Lot Details

0

HOA Fees

$1,200 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Fasching Haus
  • Directions: From Wagner Park and Durant, take Mill Street up hill and past Hyatt Grand Aspen and St. Regis Hotel. Fasching Haus West is on the left. Look for #4. No sign.
  • Architectural Style: Two Story
  • Master Model: No
  • New Construction: No
  • Year Built: 1965
  • Tax Parcel Letter: R000472
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: MF
  • 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
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 4903.52
  • Financing Info:Tax Year2: 2019
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Extras:Pool: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Extras:Cable TV: Yes
  • HOA Fees Includes:Management: 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
  • HOA Fees Includes:Unit Heat: Yes
  • Unit Faces:West: Yes
  • Style:Two Story: Yes
  • Inclusions:Oven: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Cooling:AC: Yes
  • Roof:Tar Gravel: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 14405.48
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1222.0
  • Fireplace:Gas: Yes

Exterior Features

  • Disclosures: 1031 Exchange, Right of 1st Refusal
  • Construction Type: Wood Siding, Stone Veneer, Frame
  • Property Condition: Excellent
  • Roof: Tar/Gravel
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: None

Utilities

  • Cooling: A/C
  • Cooling Y N: Yes
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Amenities: Management, Conference Facility, Front Desk, Pets Allowed/Owner, Fitness Center
  • Association Fee: 14405.48
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 14405.48
  • Financing Info:Association Fee Frequency2: Annually
  • HOA Amenities:Fitness Center: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Conference Facility: Yes
  • HOA Amenities:Front Desk: Yes
  • HOA Amenities:Management2: Yes

Fee Information

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

Lot Info

  • Parcel #: 273718277001
  • Zoning: MF

Tax Info

  • Tax Annual Amount: 4903.52
  • Tax Year: 2019

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
May 15, 2020
Sold by
Fh Aspen Llc
Bought by
Sje Pecan Antonio Investments Llc
Seller's Agent
Scott Bayens
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Leah Moriarty
Plus Real Estate
List Price
$2,590,000
Sold Price
$2,250,000
Premium/Discount to List
-$340,000
-13.13%
Current Estimated Value
$4,375,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,125,137
Avg. Annual Appreciation
12.73%

Purchase Details

Closed on
Jul 19, 2010
Sold by
Lee Kennedy Investments Lp
Bought by
Fh Aspen Llc

Purchase Details

Closed on
Apr 2, 2008
Sold by
Kennedy Lee F
Bought by
Lee Kennedy Investments Lp

Purchase Details

Closed on
Oct 5, 2007
Sold by
Rose Edward D and Rose Julie
Bought by
Kennedy Lee
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
Sje Pecan Antonio Investments Llc $2,250,000 Land Title Guarantee Co
Fh Aspen Llc -- None Available
Lee Kennedy Investments Lp -- None Available
Kennedy Lee $1,685,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2020 05/22/20 Sold $2,250,000 -13.1% $1,841 / Sq Ft
04/16/2020 04/16/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $2,590,000 -- $2,119 / 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 $8,518 $259,090 $0 $259,090
2023 $8,518 $264,310 $0 $264,310
2022 $5,793 $158,020 $0 $158,020
2021 $5,768 $162,570 $0 $162,570
2020 $4,904 $137,250 $0 $137,250
2019 $4,904 $137,250 $0 $137,250
2018 $4,193 $138,210 $0 $138,210
2017 $3,700 $116,320 $0 $116,320
2016 $2,813 $86,640 $0 $86,640
2015 $2,777 $86,640 $0 $86,640
2014 $2,768 $82,520 $0 $82,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 163168

Aspen Glenwood MLS

APN: R000472