NOT LISTED FOR SALE

718 S Mill St Unit 6 Aspen, CO 81611

Estimated Value: $1,885,000 - $6,080,000

3 Beds
3 Baths
1,247 Sq Ft
$1,201/mo HOA Fee

Last Sold October 08, 2020

Last sale price $2,625,000 $2,105 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $23,736/month

152 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 October 2020

This gem at the ever popular Fasching Haus West is located within walking distance to Aspen's downtown shops, restaurants, culture and entertainment in addition to having some of the most convenient ski access to and from Aspen Mountain. The modern mountain styled two-level condominium lives like a townhouse with nobody above or below you. Enjoy the open main level floorplan with views of Ajax, plenty of light, new kitchen and fireplace. The master is also located on the main level with the two guest suites on the entry level. All three bedrooms have A/C and are ensuite. Full amenities include front desk, onsite property management and a heated pool and hot-tub which is just steps from your back door. Owners allowed pets.

Last Agent to Sell the Property

Mark Lewis

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA1326527 Listed on: 05/19/2020

Last Buyer's Agent

Mark Lewis

Aspen Snowmass Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,657

Year Built

  • Built in 1965

Lot Details

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

HOA Fees

  • $1,201 Monthly HOA Fees

Home Design

  • Frame Construction
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1,247 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments

Kitchen

  • Stove
  • Range
  • Microwave

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • No Garage
  • Common or Shared Parking

Pool

  • Spa
  • Outdoor Pool

Utilities

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

Additional Features

  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 273718277014

Community Details

Overview

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

Amenities

  • 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

$5,657

Year Built

Built in 1965

Lot Details

0

HOA Fees

$1,201 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Ceiling Fan, Dryer, Refrigerator, Washer, Window Coverings, Stove Top, Range, Microwave
  • Subdivision Name: Fasching Haus
  • Directions: From Durant Ave., drive up S. Mill Street. Fasching Haus #6 is on left with address 718 on building
  • Above Grade Finished Sq Ft: 1247.0
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1965
  • Tax Parcel Letter: R000952
  • 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
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 5657.0
  • Financing Info:Tax Year2: 2019
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Extras:Pool: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: 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
  • Mineral Rights:No2: Yes
  • Inclusions:Ceiling Fan: 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): 1247.0
  • HOA Fees Includes:Unit Heat: Yes
  • Unit Faces:West: Yes
  • Style:Two Story: Yes
  • Inclusions:Stove Top: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Cooling:AC: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 14406.0
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1247.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Disclosures: Right of 1st Refusal
  • Construction Type: Wood Siding, Stone Veneer, Frame
  • Property Condition: Excellent
  • Construction:Frame: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Amenities: Management, Front Desk, Pets Allowed/Owner, Fitness Center
  • Association Fee: 14406.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 14406.0
  • Financing Info:Association Fee Frequency2: Annually
  • 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:Management2: Yes

Fee Information

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

Lot Info

  • Parcel #: 273718277014
  • Zoning: MF

Tax Info

  • Tax Annual Amount: 5657.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Oct 2, 2020
Sold by
718 S Mills Number 6 Llc
Bought by
Fh West Llc
Seller's Agent
Mark Lewis
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Mark Lewis
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$2,775,000
Sold Price
$2,625,000
Premium/Discount to List
-$150,000
-5.41%
Current Estimated Value
$4,155,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,530,272
Avg. Annual Appreciation
9.29%
Original Mortgage
$1,830,500
Outstanding Balance
$1,608,320
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$2,546,952

Purchase Details

Listed on
Jul 29, 2015
Closed on
Mar 15, 2016
Sold by
Kerkorian Paul G and Kerkorian Mary B
Bought by
718 S Mills Number 6 Llc
Seller's Agent
Douglas Nehasil
Aspen Snowmass Properties
Buyer's Agent
Mark Lewis
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$1,995,000
Sold Price
$1,850,000
Premium/Discount to List
-$145,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%

Purchase Details

Closed on
Sep 21, 2009
Sold by
Marcial L Yonker Credit Shelter Trust
Bought by
Kerkorian Paul G and Kerkorian Mary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2005
Sold by
Fasching Haus Llc
Bought by
Marcia L Yonker Credit Shelter Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,276,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2005
Sold by
Wilson Jody A and Wilson Richard Van
Bought by
Fasching Haus Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,276,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fh West Llc $2,625,000 Attorneys Ttl Ins Agcy Of As
718 S Mills Number 6 Llc $1,850,000 Attorneys Title Insurance Ag
Kerkorian Paul G -- Attorneys Title Agency Of As
Kerkorian Paul G $1,650,000 Land Title Guarantee Company
Marcia L Yonker Credit Shelter Trust $1,595,000 --
Fasching Haus Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fh West Llc $1,830,500
Previous Owner Kerkorian Paul G $417,000
Previous Owner Marcia L Yonker Credit Shelter Trust $1,276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2020 10/08/20 Sold $2,625,000 -5.4% $2,105 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $2,775,000 +50.0% $2,225 / Sq Ft
03/15/2016 03/15/16 Sold $1,850,000 -7.3% $1,484 / Sq Ft View Prior Sale
02/08/2016 02/08/16 Pending -- -- --
07/29/2015 07/29/15 For Sale $1,995,000 -- $1,600 / 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 $271,020 $0 $271,020
2023 $8,910 $305,090 $0 $305,090
2022 $6,684 $182,310 $0 $182,310
2021 $6,655 $187,560 $0 $187,560
2020 $5,657 $158,340 $0 $158,340
2019 $5,657 $158,340 $0 $158,340
2018 $4,837 $159,450 $0 $159,450
2017 $4,268 $134,190 $0 $134,190
2016 $3,246 $99,960 $0 $99,960
2015 $3,204 $99,960 $0 $99,960
2014 $3,193 $95,200 $0 $95,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 163400

Aspen Glenwood MLS

APN: R000952