Erik Cavarra

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(970) 618-9733
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What’s Happening in Woodrun?

March 24, 2015 by ecavarra Leave a Comment

Snowmass Village, Colorado: Today, Erik Cavarra outlines the Woodrun Market of Snowmass Village.

Statistical Market Analysis: Pending Closed

Status # Listings List Volume Sold Volume List Price Sold Price Sale/List Price Total SqFt List Price Per Total SqFt Sold Price Per Total SqFt Days On Market
Pending 1 4,395,000 0 Low
Avg
High
4,395,000
4,395,000
4,395,000
0
0
0
0.00
0.00
0.00
3,699
3,699
3,699
1,188.16
1,188.16
1,188.16
0.00
0.00
0.00
296
296
296
Closed 3 9,685,000 9,394,000 Low
Avg
High
1,995,000
3,228,333
5,495,000
1,899,000
3,131,333
5,495,000
0.91
0.95
1.00
2,592
3,808
4,496
506.11
832.66
1,222.20
461.15
805.33
1,222.20
61
161
224
Overall 4 14,080,000 9,394,000 Low
Avg
High
1,995,000
3,520,000
5,495,000
1,899,000
3,131,333
5,495,000
0.91
0.95
1.00
2,592
3,781
4,496
506.11
921.54
1,222.20
461.15
805.33
1,222.20
61
195
296

 

 

CMA: Comparable Properties
135587 126723 130581
 
271 Edgewood Lane
Snowmass Village CO
1191 Wood
Snowmass Village CO
851 Wood Road
Snowmass Village CO
List Price $4,975,000 $3,995,000 $5,500,000
Original List Price $4,975,000 $4,995,000 $5,500,000
Sold Price      
Status Active Active Active
Status Date 08/01/2014 08/03/2012 06/27/2013
Days on Market 245 965 635
       
Bedrooms 5 4 5
Total SqFt 4,641 3,546 4,661
Lot Size 22,001 – 32000 12,001 – 22,000 43,001 – 65,000
Nbr of Acres 0.56 0.50 1.11
HOA Transfer Fee No No No
Year Built 1969 2007 2003
Seller Concessions      
Leed for Homes      
Price $4,975,000 $3,995,000 $5,500,000

 

CMA: Comparable Properties
  131673 133033 136545
 
90 Edgewood Lane
Snowmass Village CO
20 Alpine Lane
Snowmass Village CO
127 Forest Lane
Snowmass Village CO
List Price $10,000,000 $3,350,000 $8,950,000
Original List Price $10,995,000 $3,350,000 $8,950,000
Sold Price      
Status Active Active Active
Status Date 10/08/2014 11/17/2014 10/31/2014
Days on Market 544 376 148
       
Bedrooms 4 6 5
Total SqFt 4,570 4,211 4,811
Lot Size 32,001 – 43,000 32,001 – 43,000 32,001 – 43,000
Nbr of Acres 0.92 0.74 0.78
HOA Transfer Fee No No Yes
Year Built 1997 1974 2010
Seller Concessions      
Leed for Homes      
Price $10,000,000 $3,350,000 $8,950,000

 

CMA: Comparable Properties
  136683 136960 137054
 
1457 Wood Road
Snowmass Village CO
1581 Wood Road
Snowmass Village CO
13 Stanton Lane
Snowmass Village CO
List Price $9,500,000 $8,250,000 $11,450,000
Original List Price $9,500,000 $8,250,000 $11,450,000
Sold Price      
Status Active Active Active
Status Date 11/13/2014 12/10/2014 12/18/2014
Days on Market 131 105 102
       
Bedrooms 6 5 6
Total SqFt 5,023 6,291 6,580
Lot Size 32,001 – 43,000 43,001 – 65,000 32,001 – 43,000
Nbr of Acres 1.00 1.15 0.77
HOA Transfer Fee No Yes No
Year Built 0 1990 0
Seller Concessions      
Leed for Homes      
Price $9,500,000 $8,250,000 $11,450,000

 

CMA: Comparable Properties
137107 137434 133438
 
546 Edgewood Lane
Snowmass Village CO
1609 Wood Road
Snowmass Village CO
126 Bridge Lane
Snowmass Village CO
List Price $5,250,000 $5,495,000 $4,395,000
Original List Price $6,250,000 $5,495,000 $4,850,000
Sold Price      
Status Active Active Pending
Status Date 12/23/2014 01/29/2015 03/23/2015
Days on Market 91 55 296
       
Bedrooms 5 5 4
Total SqFt 4,556 4,791 3,699
Lot Size 32,001 – 43,000 43,001 – 65,000 22,001 – 32000
Nbr of Acres 0.70 1.01 0.68
HOA Transfer Fee No No No
Year Built 1979 1999 2000
Seller Concessions      
Leed for Homes      
Price $5,250,000 $5,495,000 $4,395,000

 

CMA: Statistical Summary

Price Analysis
Summary of Pending Listings
MLS # Address Orig. List Price DOM List Price Total Adjustments Adjusted Price
133438 126 Bridge Lane, Snowmass Village CO $4,850,000 296 $4,395,000 – $4,395,000
Summary of Active Listings
MLS # Address Orig. List Price DOM List Price Total Adjustments Adjusted Price
137434 1609 Wood Road, Snowmass Village CO $5,495,000 55 $5,495,000 – $5,495,000
137107 546 Edgewood Lane, Snowmass Village CO $6,250,000 91 $5,250,000 – $5,250,000
137054 13 Stanton Lane, Snowmass Village CO $11,450,000 102 $11,450,000 – $11,450,000
136960 1581 Wood Road, Snowmass Village CO $8,250,000 105 $8,250,000 – $8,250,000
136683 1457 Wood Road, Snowmass Village CO $9,500,000 131 $9,500,000 – $9,500,000
136545 127 Forest Lane, Snowmass Village CO $8,950,000 148 $8,950,000 – $8,950,000
135587 271 Edgewood Lane, Snowmass Village CO $4,975,000 245 $4,975,000 – $4,975,000
133033 20 Alpine Lane, Snowmass Village CO $3,350,000 376 $3,350,000 – $3,350,000
131673 90 Edgewood Lane, Snowmass Village CO $10,995,000 544 $10,000,000 – $10,000,000
130581 851 Wood Road, Snowmass Village CO $5,500,000 635 $5,500,000 – $5,500,000
126723 1191 Wood, Snowmass Village CO $4,995,000 965 $3,995,000 – $3,995,000
Low, Average, Median, and High Comparisons
Pending Active Overall
Low $4,395,000 $3,350,000 $3,350,000
Average $4,395,000 $6,974,091 $6,759,167
Median $4,395,000 $5,500,000 $5,497,500
High $4,395,000 $11,450,000 $11,450,000
Overall Market Analysis (Unadjusted)
Status # List Vol. Avg. List Price Sold Vol. Avg. Sold Price Avg. Sale/List Price Avg. Total SqFt Avg. List $/Total SqFt Avg. Sold $/Total SqFt Avg. Dom
Pending 1 4,395,000 4,395,000 0 0 0.00 3,699 1,188.16 0.00 296
Active 11 76,715,000 6,974,091 0 0 0.00 4,880 1,405.88 0.00 309
Overall 12 81,110,000 6,759,167 0 0 0.00 4,782 1,387.74 0.00 308

Auction:

Property Type: RES w/Improvments N/A Address: 1581 Wood Road Snowmass Village, CO 81615 Status: Active Asking Price: $8,250,000
List Number: 136960
Type: Single Family
Area: 02-Snowmass Village
Major Area: Snowmass Village
Sub/Loc: Wood Run
County: Pitkin
Bedrooms: 5
Baths: 5
Baths – Half: 1
Baths – 3/4: 0
Lot Size: 43,001 – 65,000
Acreage: 1 – 3
Garage: 2 Car
Furnished:

Partial
List Price Per/SF:

1,311.4
Lv Ht SqFt: 6,291
LvHtSqFt (Abv Grnd): 6,291
LvHtSqFt (Blw Grnd):
Unfinished SqFt: 0
Total SqFt: 6,291
Pt/Dk SqFt:
Garage SqFt: 547
Lot SqFt: 50,207
Nbr of Acres: 1.15
Year Built: 1990
Year Remodeled: 2014
Zoning: Single Family
Levels: 3
Short Termable: Yes
Account #: R001714
Parcel #: 273312201033
Indoor Air Plus:
Pre-Fabricated Home: No
ADU: No
Leed for Homes:
HERS:
Taxes: 13,247.16
Tax Year: 2014
Transfer Tax: Yes
Short Sale: No
REO: No
Payment Per: Year
HOA Dues Y/N: Yes
HOA Dues: 100
Earnest $/%:

5%
Earnest $ Payable To: Pitkin County Title
Special Assessments:
Foreclosure: No
HOA Transfer Fee: Yes
Bedrooms Living Room Dining Room Kitchen Full Bath Half Bath Family Room Den/Study/Library Laundry/Utility Room
3/4 Bath
Main 1 1 1 1 1 1 0 0 0 0
Lower 4 0 0 0 4 0 0 0 0 0
Public Remarks: AUCTION: April 11th. Selling Without Reserve, to the highest bidder. Northstar luxury chalet is a mountain Contemporary retreat with easy ski-in/out accessibility near the Adam’s Avenue ski run or onto private Guggenheim Path just steps away and above-grade living in every room. Meticulously designed with recent upgrades and perched on the mountainside, enjoy an open floor plan and awe-inspiring views. Open daily from 12:00-3:00PM or by appointment. More…
Directions: Brush Creek Road to Wood road, past Bridge Lane to 1581 on the right.
Addendum: Call Concierge Auctions at 212-257-5018 or visit ConciergeAuctions.com for details. Open daily from 12:00-3:00PM or by appointment.
Legal: WOODRUN UNIT ONE Lot 94
Construction: Frame

Exterior: Wood Siding

Cooling:

Condition: Excellent

Carport: 2 Car

Documents on File:

Disclosures:

Electric: Yes

Energy Efficiency:

Exclusions:

Extras: Cable TV; Elevator; Green House; Landscaping; Lawn Sprinklers; Outdoor Hot Tub/Spa; Patio/Deck

Fireplace: Wood; # Fireplaces: 2

Gas: Natural Gas

HOA Amenities: Pets Allowed/Owner; Pets Allowed/Renter

HOA Fees Includes:

Heating: Radiant

Inclusions: Ceiling Fan; Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer; Window Coverings

Indoor Air Quality:

Location Amenities: Extreme Topo; Rolling Topo; Ski In Access; Ski Out Access; Trees; Views

Laundry Facility: Room

Mineral Rights:

Parking Area: 2 Car

Possession: DOD

Member Association: Aspen Association

Roof: Metal

Substructure: Slab

Sign: No

Showing Instructions: 24 Hour Notice; Call Listing Office

Sanitation: Sewer

Style: Contemporary

Sustainable Material:

Terms Offered: Cash; New Loan

Unit Faces: North

Water Rights: No

Water: City

Agency: Excl Right to Sell

Sold Price Per/SF:

0

DOM: 105 ADOM: 105 Listing Date: 12/09/2014

Seller’s Name COWAN FIONA MARY & BASRA DAVID Under Contract Date
TB%: 3 BB%: 3 Variable Comm: No
Original List Price:8,250,000

Fallthrough Date: Flat Fee: No

Filed Under: Aspen Skiing Company, Market Reports, Real Estate News, Snowmass Club

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Erik Cavarra

Erik Cavarra

Your Aspen Snowmass Real Estate Expert
(970) 923-0817 Office
(970) 618-9733 Cell
Contact Erik
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