NOT LISTED FOR SALE

10 River Cove Basalt, CO 81621

Estimated Value: $2,767,887 - $3,938,000

4 Beds
2.5 Baths
2,801 Sq Ft
$1,186/Sq Ft Est. Value

Last Sold October 23, 2015

Last sale price $1,625,000 $580 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $18,973/month

300 Days on Market

Highlights

  • River Front
  • Corner Lot
  • Patio
  • Green Building
  • Views
  • Laundry Room

About This Home

As of October 2015

Premier Riverfront location in Basalt... it is rare to find a riverfront property that sits directly on the river at river level! This property has the Frying Pan River running through your back yard PLUS it is only 1 block to downtown Basalt. Located in the desirable River Cove neighborhood, this home features 4 bedrooms plus an additional office area. The home has fabulous outdoor deck areas and a stone patio next to the river. If you want Riverfront, this is an opportunity you don't want to miss! Property sq footage can be increased to 5,000 sf according to Town of Basalt Planning Dept. River Cove allows dogs!

Last Agent to Sell the Property

Christy Clettenberg

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 License #FA100014334 Listed on: 10/15/2014

Coldwell Banker Mason Morse-Aspen

Last Buyer's Agent

Christy Clettenberg

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 License #FA100014334 Listed on: 10/15/2014

Coldwell Banker Mason Morse-Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,800

Year Built

  • Built in 1991

Lot Details

  • 0.29 Acre Lot
  • River Front
  • Southern Exposure
  • Corner Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,801 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Window Treatments
  • Crawl Space
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Green Building
  • Patio
  • Mineral Rights Excluded

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • River Cove Subdivision

Listing and Financial Details

  • Exclusions: Window Coverings, See Remarks
  • Assessor Parcel Number 246707424001

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,800

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Inclusions: Dryer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: River Cove
  • Directions: Midland Avenue through Downtown Basalt, Right on Riverside Drive, Right on Cottonwood, Right on River Cove. 1st house on your right.
  • Above Grade Finished Sq Ft: 2801.0
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1991
  • Tax Parcel Letter: R031678
  • Attribution Contact: (970) 925-7000
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • 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: 2.0
  • Financing Info:Taxes2: 5800.0
  • Financing Info:Tax Year2: 2014
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Substructure:Crawl Space: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 2801.0
  • Style:Two Story: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2801.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Corner Lot, Landscaped
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Exclusions: Window Coverings, See Remarks
  • Construction Type: Wood Siding, Frame
  • Property Condition: Excellent
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car
  • General Info:Garage SqFt: 626.5

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • 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

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Corner Lot: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:River Frontage: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 12632.4
  • Parcel #: 246707424001
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5800.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2014
Closed on
Oct 21, 2015
Sold by
Ritchie Renee N
Bought by
Davis John Jay and Davis Mary
Seller's Agent
Christy Clettenberg
Coldwell Banker Mason Morse-Aspen
Buyer's Agent
Christy Clettenberg
Coldwell Banker Mason Morse-Aspen
List Price
$1,795,000
Sold Price
$1,625,000
Premium/Discount to List
-$170,000
-9.47%
Current Estimated Value
$3,322,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,697,722
Avg. Annual Appreciation
7.45%
Original Mortgage
$1,000,000
Outstanding Balance
$751,555
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,571,167

Purchase Details

Closed on
Dec 1, 1997
Sold by
Slemon David R
Bought by
Ritchie Renee N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
7.3%
Source: Public Records

Range of Values:

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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
Davis John Jay $1,625,000 Land Title Guarantee Company
Ritchie Renee N $570,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis John Jay $1,000,000
Previous Owner Ritchie Renee N $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2015 10/23/15 Sold $1,625,000 -9.5% $580 / Sq Ft
08/11/2015 08/11/15 Pending -- -- --
10/15/2014 10/15/14 For Sale $1,795,000 -- $641 / 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 $15,443 $184,920 $118,240 $66,680
2023 $15,443 $184,920 $118,240 $66,680
2022 $10,621 $115,760 $45,180 $70,580
2021 $11,092 $119,090 $46,480 $72,610
2020 $9,203 $102,470 $46,480 $55,990
2019 $9,310 $102,470 $46,480 $55,990
2018 $10,306 $111,810 $43,200 $68,610
2017 $9,857 $111,810 $43,200 $68,610
2016 $9,156 $102,320 $31,840 $70,480
2015 -- $102,320 $31,840 $70,480
2014 $5,800 $68,850 $23,080 $45,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 136404

Aspen Glenwood MLS

APN: R031678