Monarch on the Park Sells for $4,200/ft

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Aspen, Colorado:  A central core sale, that tops $4,200/ft

Property Type: RES w/Improvments Condominium Address: 405 S Monarch Street #302, Aspen, CO 81611 Status:Closed Asking Price:$15,000,000
List Number: 142131
Type: Condo/Townhouse/Duplex/Half Duplex
Area: 01-Central Core
Major Area: Aspen
Sub/Loc: Monarch on the park
County: Pitkin
Bedrooms: 4
Full Baths: 4
Baths – Half: 1
Baths – 3/4: 0
Total Baths: 5
Lot Size: Unknown
Acreage: Unknown
Garage: 2 Car
Furnished:

 Yes
Orig List Price Per/SF:

 4,275.94
Lv Ht SqFt: 3,508
LvHtSqFt (Abv Grnd): 3,508
LvHtSqFt (Blw Grnd): 0
Unfinished SqFt: 0
Total SqFt: 3,508
Pt/Dk SqFt: 623
Garage SqFt: 689
Lot SqFt: 0
Nbr of Acres: 0
Year Built: 2008
Year Remodeled:
Zoning:
Levels: 1
Short Termable: Yes
Account #: R021249
Parcel #: 273718219016
Indoor Air Plus:
Pre-Fabricated Home: No
ADU: No
Leed for Homes:
HERS:
Taxes: 13,844
Tax Year: 2015
Transfer Tax: Yes
Short Sale: No
REO: No
Payment Per: Quarter
HOA Dues Y/N: Yes
HOA Dues: 6154
Earnest $/%:

 5%
Earnest $ Payable To: Stewart Title
Special Assessments: None
Foreclosure: No
HOA Transfer Fee: No
Bedrooms Living Room Dining Room Kitchen Full Bath Half Bath Family Room Den/Study/Library Laundry/Utility Room
3/4 Bath
Public Remarks: Own the best views in town from the patio deck and living space of Penthouse 1 at Monarch on the Park, adjacent to Wagner Park. Four luxurious bedroom suites, private garage and storage, secure elevator access to your oasis in the heart of Aspen. Enjoy stress free property management, the pool, hot tub, workout room and breakfast amenities of Limelight Lodge, and shop or dine just a few steps out your front door. Location and lifestyle are what this residence exude.
Directions: traveling east on Main Street, turn right onto S. Monarch, travel 4 blocks to 405 S. Monarch on the right
Addendum:
Legal: Subdivision: Monarch on the Park Unit P-1, Desc: AKA Penthouse #1 (233 E. Cooper Ave, Aspen)
Construction: Stone

Exterior: Metal; Stone Siding

Cooling: Central A/C

Condition: Excellent

Carport:

Documents on File: CC & R’s; House Plans

Disclosures: Special Tax District

Electric: Yes

Energy Efficiency:

Exclusions:

Extras: Cable TV; Elevator; Indoor Jetted Tub; Patio/Deck; Security System; Steam Shower

Fireplace: Gas; # Fireplaces: 2

 Gas: Natural Gas

HOA Amenities: Pets Allowed/Owner

HOA Fees Includes: Contingency Fund; Grounds Maintenance; Insurance; Management; Sewer; Snow Removal; Trash Removal; Unit Heat

Heating: Forced Air; Gas; Radiant

Inclusions: Dishwasher; Dryer; Freezer; Microwave; Range; Refrigerator; Washer; Window Coverings

Indoor Air Quality:

Location Amenities: Borders Public Land; Trees; Views

Laundry Facility: Room

Mineral Rights: No

Parking Area: 2 Car; Assigned

Possession: DOD

Member Association: Aspen Association

 Roof: Other

Substructure:

Sign: No

Showing Instructions: 24 Hour Notice; Call Listing Office; Occupied

Sanitation: Sewer

Style: Contemporary

Sustainable Material:

Terms Offered: Cash

Unit Faces: East

Water Rights: No

Water: City

Agency: Excl Right to Sell
Sold Price: 15,000,000
Sold Date: 02/05/2016
How Sold: Cash
Proposed Close Date: 02/05/2016
Sold Price Per/SF:

 4,275.94
Seller Concessions: No
DOM: 39 ADOM: 39 Listing Date: 12/28/2015
Seller’s Name RLC Aspen LLC Under Contract Date 01/20/2016
TB%: 2.5 BB%: 2.5 Variable Comm: No
Original List Price: 15,000,000
Fallthrough Date: Flat Fee: No

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Erik Cavarra

(970) 923-0817 Office|(970) 618-9733 Cell
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