NOT LISTED FOR SALE

748 S Galena St Unit 5D Aspen, CO 81611

Estimated Value: $3,163,000 - $8,785,000

4 Beds
3 Baths
1,672 Sq Ft
1,655 Sq Ft Lot

Last Sold October 19, 2017

Last sale price $3,425,000 $2,048 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $36,732/month

181 Days on Market

Highlights

  • Ski Accessible
  • Spa
  • Steam Shower
  • Aspen Middle School Rated A-
  • Contemporary Architecture
  • 5-minute walk to Wagner Park Playground

About This Home

As of October 2017

No carrying skis up and down stairs here. Ski in & out of you backdoor in this elegant four bedroom penthouse level residence on Aspen Mountain. Seller has paid the over $460,000 in assessments for the newly completed exterior remodel which included new snowmelted walkways, new walkways to the residences, retaining walls, exterior facade, new windows, and more.
Radiant floor heat, 9 foot ceilings, steam shower, W/D, Jacuzzi tubs, gas range, cooling, and sky lights. New bike storage and signage is currently being completed. An entirely new pool and hot tub are planned for this fall.

Last Agent to Sell the Property

Bryan Peterson

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 Listed on: 03/16/2017

Last Buyer's Agent

Dennis Burns

Aspen Snowmass Sotheby's International Realty-Snowmass Village License #FA.040031771

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,857

Year Built

  • Built in 1969

Lot Details

  • Northwest Facing Home
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Membrane Roofing
  • Wood Siding

Interior Spaces

  • 1,672 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Window Treatments
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Carport
  • No Garage
  • Common or Shared Parking

Pool

  • Spa
  • Outdoor Pool

Location

  • Mineral Rights Excluded

Utilities

  • Evaporated cooling system
  • Radiant Heating System
  • Water Rights Not Included
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 273718274014

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include contingency fund, firewood, management, sewer, unit heat, insurance, water, trash, snow removal, ground maintenance, cable TV
  • Durant Condos Subdivision
  • On-Site Maintenance

Recreation

  • Ski Accessible
  • Ski Lockers
  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,857

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Dryer, Oven, Refrigerator, See Remarks, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Durant Condos
  • Directions: South on Galena Street past the Hyatt on the left. Unit is on the top floor in on the East side of building D, overlooking the pool.
  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1969
  • Tax Parcel Letter: R004851
  • Attribution Contact: (970) 925-7000
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: PUD
  • 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: 1.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 5857.16
  • Financing Info:Tax Year2: 2016
  • 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
  • Substructure:Slab: Yes
  • Roof:Membrane: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • HOA Fees Includes:Management: Yes
  • Miscellaneous:Under Construction3: No
  • Mineral Rights:No2: Yes
  • Cooling:Evaporative Cooling: 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
  • Unit Faces:North: Yes
  • HOA Fees Includes:Unit Heat: Yes
  • Unit Faces:West: Yes
  • Inclusions:Oven: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 1672.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Disclosures: Right of 1st Refusal
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Slab
  • Property Condition: Excellent
  • Roof: Membrane
  • Construction:Frame: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Inside
  • Cooling: Evaporative Cooling
  • Cooling Y N: Yes
  • Heating: Radiant
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Amenities: Locker Ski Storage, Pets Allowed/Owner
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • Location Amenities:Trees: Yes
  • HOA Amenities:Locker Ski Storage: Yes
  • Location Amenities:Ski In Access: Yes
  • Location Amenities:Ski Out Access: Yes

Fee Information

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

Lot Info

  • Parcel #: 273718274014
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 5857.16
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2017
Closed on
Oct 18, 2017
Sold by
Fox Paul M and Fox Amy L
Bought by
Mcgann Kevin and Mcgann Franchesca
Seller's Agent
Bryan Peterson
Coldwell Banker Mason Morse-Aspen
Buyer's Agent
Dennis Burns
Aspen Snowmass Sotheby's International Realty-Snowmass Village
List Price
$3,650,000
Sold Price
$3,425,000
Premium/Discount to List
-$225,000
-6.16%
Current Estimated Value
$6,663,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,238,844
Avg. Annual Appreciation
8.64%
Original Mortgage
$2,568,750
Outstanding Balance
$2,112,002
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,551,842

Purchase Details

Closed on
Apr 12, 2011
Sold by
Wido Schaefer Living Trust
Bought by
Fox Paul M and Fox Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2007
Sold by
Schaefer Wido L
Bought by
The Wido Schaefer Living Trust

Purchase Details

Closed on
Jun 2, 2006
Sold by
Lane James S
Bought by
Schaefer Wido L

Purchase Details

Closed on
Oct 15, 2004
Sold by
Trust A
Bought by
Lane James and Lane James S
Source: Public Records

Range of Values:

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Average Value
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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
Mcgann Kevin $3,425,000 Land Title Guarantee Co
Fox Paul M $1,725,000 Pct
The Wido Schaefer Living Trust -- None Available
Schaefer Wido L $2,500,000 None Available
Lane James S -- None Available
Lane James $1,140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgann Kevin $2,568,750
Previous Owner Fox Paul M $729,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2017 10/19/17 Sold $3,425,000 -6.2% $2,048 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $3,650,000 -- $2,183 / 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 $20,161 $613,270 $0 $613,270
2023 $20,161 $621,930 $0 $621,930
2022 $10,008 $272,990 $0 $272,990
2021 $9,965 $280,840 $0 $280,840
2020 $10,455 $292,640 $0 $292,640
2019 $10,455 $292,640 $0 $292,640
2018 $8,779 $294,690 $0 $294,690
2017 $7,746 $243,550 $0 $243,550
2016 $5,857 $180,370 $0 $180,370
2015 $5,782 $180,370 $0 $180,370
2014 $4,681 $139,560 $0 $139,560
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Bryan Peterson

    Coldwell Banker Mason Morse-Aspen

  • D

    Buyer's Agent in 2017

    Dennis Burns

    Aspen Snowmass Sotheby's International Realty-Snowmass Village

    (970) 948-9788

    19 Total Sales

    Dennis Burns
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 148027

Aspen Glenwood MLS

APN: R004851

Colorado Pitkin County Aspen 81611

748 S Galena St Unit 5D, Aspen, CO

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