NOT LISTED FOR SALE

731 S Mill St Unit 3B Aspen, CO 81611

Estimated Value: $1,734,000 - $3,704,000

2 Beds
2 Baths
940 Sq Ft
$1,040/ mo HOA Fee

Last Sold November 01, 2021

Last sale price $2,250,000 $2,394 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $16,823/month

158 Days on Market

Highlights

  • Ski Accessible
  • Spa
  • Brick or Stone Mason
  • Aspen Middle School Rated A-
  • Contemporary Architecture
  • 3-minute walk to Wagner Park Playground

About This Home

As of November 2021

Top Floor, two-bedroom, two-bath condo in Aspen Mountain Condominiums located in the heart of downtown Aspen convenient location next to St. Regis Hotel & Residences and at the base of Aspen Mountain. Ski-in access and a short walk to the gondola. Open concept floor plan, Vaulted ceilings, Granite counters, washer/dryer, wood fireplace, the decks provide great views of Aspen Mountain & Red Mountain, . Quiet and Private. Excellent rental potential. With Aspen Mountain Condominiums, the HOA dues include everything plus a ski/storage locker and assigned parking. This unit is low maintenance and perfect for vacation rentals—a coveted location.

Last Agent to Sell the Property

Bineau Team

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 Listed on: 03/10/2021

Last Buyer's Agent

James Benvenuto

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA100070299

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,442

Year Built

  • Built in 1963

Lot Details

  • Landscaped
  • Property is in excellent condition

HOA Fees

  • $1,040 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick or Stone Mason
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 940 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Wood Burning Fireplace
  • Window Treatments
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • 1 Car Parking Space
  • Assigned Parking

Outdoor Features

  • Spa
  • Patio

Location

  • Mineral Rights Excluded

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 273718286009

Community Details

Overview

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

Recreation

  • Ski Accessible
  • Ski Lockers
  • Snow Removal

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,442

Year Built

Built in 1963

Lot Details

958 Sq Ft Lot

HOA Fees

$1,040 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Refrigerator, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Aspen Inn
  • Directions: South on Mill St. 1st bldg on the right past St. Regis. Up stairs to top floor. Door on west side.
  • Architectural Style: Contemporary
  • Master Model: No
  • New Construction: No
  • Year Built: 1963
  • Tax Parcel Letter: R000436
  • Attribution Contact: (970) 925-7000
  • Location Info:Furnished: Partial
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: RES
  • 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: 1.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 3442.2
  • Financing Info:Tax Year2: 2020
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Substructure:Slab: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • HOA Fees Includes:Management: Yes
  • Miscellaneous:Under Construction3: No
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: 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 Electric: Yes
  • HOA Fees Includes:Unit Heat: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Construction Brick: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 12477.0
  • Special Features: VirtualTour

Interior Features

  • Furnished: Partially
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 940.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Landscaped
  • Disclosures: Right of 1st Refusal
  • Construction Type: Wood Siding, Frame, Brick
  • Foundation Details: Slab
  • Property Condition: Excellent
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 Car, Assigned
  • Keywords Info:Garage: None
  • Parking Area:Assigned2: Yes
  • Parking Area:_one_ Car2: Yes

Utilities

  • 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: Locker Ski Storage
  • Association Fee: 12477.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 12477.0
  • Financing Info:Association Fee Frequency2: Annually
  • HOA Amenities:Locker Ski Storage: Yes
  • Location Amenities:Ski In Access: Yes

Fee Information

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

Lot Info

  • Parcel #: 273718286009
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 3442.2
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
Nov 1, 2021
Sold by
Wells Rich
Bought by
Danahy Timothy and Danahy Anne
Seller's Agent
Bineau Team
Coldwell Banker Mason Morse-Aspen
Buyer's Agent
James Benvenuto
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$2,400,000
Sold Price
$2,250,000
Premium/Discount to List
-$150,000
-6.25%
Current Estimated Value
$2,881,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$631,875
Avg. Annual Appreciation
5.80%
Original Mortgage
$1,912,500
Outstanding Balance
$1,723,850
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$1,158,025

Purchase Details

Listed on
Oct 31, 2012
Closed on
Jul 5, 2013
Sold by
Pendergraft William R and Estate Of Mary Lou Schoettle
Bought by
Wells Rich
Seller's Agent
Karen Toth
Aspen Snowmass International R
Buyer's Agent
Jonathan Boxer
Christie's International Real Estate Aspen Snowmass
List Price
$1,189,000
Sold Price
$945,000
Premium/Discount to List
-$244,000
-20.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%

Purchase Details

Closed on
Jun 16, 2011
Sold by
Schoettle Sharon and Estate Of Roy Wayne Schoettle
Bought by
Schoettle Mary Lou

Purchase Details

Closed on
Feb 28, 2008
Sold by
Lineros Investments Lp
Bought by
Schoettle Dr R W and Schoettle Marylou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,068,000
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2006
Sold by
Casterline Robert A and Pyros Jeffrey J
Bought by
Lineros Investments Lp

Purchase Details

Closed on
Feb 12, 2003
Sold by
Elmore David G
Bought by
Casterline Robert A and Pyros Jeffrey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.84%
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
Danahy Timothy $2,250,000 Land Title Guarantee
Wells Rich $945,000 None Available
Schoettle Mary Lou -- None Available
Schoettle Dr R W $1,405,000 Stewart Title
Lineros Investments Lp -- Stewart Title Colorado Inc
Casterline Robert A $535,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Danahy Timothy $1,912,500
Previous Owner Schoettle Dr R W $1,068,000
Previous Owner Casterline Robert A $322,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2021 11/01/21 Sold $2,250,000 -6.3% $2,394 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $2,400,000 +154.0% $2,553 / Sq Ft
07/05/2013 07/05/13 Sold $945,000 -20.5% $1,005 / Sq Ft View Prior Sale
06/04/2013 06/04/13 Pending -- -- --
10/31/2012 10/31/12 For Sale $1,189,000 -- $1,265 / Sq Ft
Source: Aspen Glenwood MLS

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
2025 $7,491 $202,580 $0 $202,580
2024 $7,491 $183,920 $0 $183,920
2023 $6,046 $188,410 $0 $188,410
2022 $4,676 $127,530 $0 $127,530
2021 $4,655 $131,200 $0 $131,200
2020 $3,414 $95,550 $0 $95,550
2019 $3,414 $95,550 $0 $95,550
2018 $3,116 $96,210 $0 $96,210
2017 $2,749 $86,440 $0 $86,440
2016 $2,630 $81,000 $0 $81,000
2015 $2,596 $81,000 $0 $81,000
2014 $2,313 $68,950 $0 $68,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 168989

Aspen Glenwood MLS

APN: R000436

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