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The Estin Report: Aspen Snowmass Weekly Sales and Statistics: Closed (4) and Under Contract (4): Aug. 21 - 28, 11

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Mason Morse Aspen broker Tim Estins complete AspenRealEstateBlog.com is released Monday mornings at his website and at times during the week. These MM postings are condensed. For the latest Aspen real estate news, sales statistics and market activity, follow him on twitter @EstinAspen . He welcomes your business, inquiries and comments. Email him or call 970.920.7387.

Link to The Estin Report: 1st Half 2011 State of the Aspen Market (released 07/14/11)

See "Mega-mansion Deals Spur Rebound in Aspen Market" , 07/17/11 Sunday Business, Grand Junction Sentinel

Last Week's Market Highlights - Aspen Snowmass Real Estate Sales and Under Contracts appear below for the upper Roaring Fork Valley for all property types over $250,000 in Aspen, Snowmass Village, Woody Creek and Old Snowmass excluding fractionals. Because the MLS links expire after 30 days, photos and written descriptions of the closed properties are posted at my website to preserve an archive of sold market activity.

Under Contract / Pending (4): MLS# 112684, 120009, 120907, 118417. Link is valid for 30 days until 9/27/2011. Photos and descriptions of under contracts /pending are not posted unless special circumstances dictate.

Closed (4): MLS# 118765, 119209, 109771, 116443. Link is valid for 30 days until 9/27/2011.

Featured Sold Aspen Property Last Week

MLS #118765 - In-town newly remodeled exterior and interior 2 bdrm Condo, 104 W. Cooper Unit 4 Penthouse, Aspen CO: Sold at Ask Price: $3,595,000/$2,222 sq ft !!

MLS #118765 - In-town newly remodeled exterior and interior 2 bdrm Condo, 104 W. Cooper Unit 4 Penthouse, Aspen CO: Sold at Ask Price: $3,595,000/$2,222 sq ft; Original Price: $3,750,000 and on the market for 436 days since 09/05/2010.This is a beautifully 1972 built/2011 remodeled top floor 2 bedroom/2 bath, 1618 sq ft in-town condo. The broker's comments, "THE ASPEN PENTHOUSE AT KOCH PARK. Looking for sexy NYC Park Ave elegance? This brand NEW never before offered, luxury penthouse residence is just what you are looking for and nestled on the edge of Aspen's bustling core. Offering top floor, south facing corner privacy and the security of forever-unobstructed ski mountain views. Sophisticated and perfection in design, detail and furnished for the truly discriminating buyer. Beautiful exotic woods and custom built-in's, soundproof windows and walls. 12''' high ceiling in the great room and 10' ceilings in bedrooms. Radiant heated floors & AC. Extra owner storage rm & ski locker, 2 assigned parking spaces (possible garage in future by HOA) Exquisite 5 Star. Turn Key. Quick closing...Across the street from Koch Park, the west end corner, quiet side, common area lawn side. Go up the stairs to the penthouse. Listing Agent to accompany all showings." 2011 Taxes: $3,816 Yr; HOA Dues: $1,800 Qtr. Under Contract Date: 08/17/11; Sold Date: 08/26/11. City of Aspen RETT Transfer Tax of 1.5% payable by buyer. (Photos and description courtesy of Mason Morse Real Estate.)

Disclaimer: The statements made in The Estin Report and on Tim Estin's blog represent the opinions of the author not Mason Morse. They hould not be relied upon exclusively to make real estate decisions. A potential buyer and/or seller is advised to make an independent investigation of the market and of each property before deciding to purchase or to sell. To the extent the statements made herein report facts or conclusions taken from other sources, the information is believed by the author to be reliable, however, the author makes no guarantee concerning the accuracy of the facts and conclusions reported herein. Information concerning particular real estate opportunities can be requested from Tim Estin at 970.920.7387 or by email. The Estin Report is copyrighted 2011 and all rights reserved. Use is permitted subject to the following attribution: "The Estin Report: State of the Aspen Market, By Tim Estin, mba, gri, www.EstinAspen.com"

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