NOT LISTED FOR SALE

10 River Oaks Ln Basalt, CO 81621

Estimated Value: $2,049,000 - $2,846,000

4 Beds
2.5 Baths
2,512 Sq Ft
$933/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $1,150,000 $458 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $13,413/month

20 Days on Market

Highlights

  • River Front
  • Wood Burning Stove
  • Cul-De-Sac
  • Green Building
  • Corner Lot
  • Patio

About This Home

As of October 2019

Quintessential Colorado!. Log cabin beautifully sited on the banks of Colorado's Gold Medal Roaring Fork River on 1.35 acres in Basalt. Four bedrooms, 2.5 baths on two levels. Plenty of privacy with mature landscaping and the sounds and sight of the river to take you away from it all! An irrigation ditch running through the property can be improved to provide a wonderful visual amenity and/or create a small on-site pond. This is your opportunity to create an idyllic dream cabin on the River! Approximately 258' of River Frontage.

Fantastic location and serene experience. Home needs updating.

Last Listed By

Wendy Lucas

Wendy Lucas Aspen License #ER1315854 Listed on: 07/05/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,428

Year Built

  • Built in 1989

Lot Details

  • 1.35 Acre Lot
  • River Front
  • Cul-De-Sac
  • Southern Exposure
  • Corner Lot
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned SF

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Cabin
  • Frame Construction
  • Metal Roof
  • Log Siding

Interior Spaces

  • 2,512 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Storage Shed

Utilities

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

Additional Features

  • Green Building
  • Mineral Rights Excluded

Community Details

  • Association fees include sewer
  • River Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246511208001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,428

Year Built

Built in 1989

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.35
  • Inclusions: Dryer, Refrigerator, Washer, Range, Dishwasher
  • Subdivision Name: River Oaks
  • Directions: From Highway '82 Turn West onto Willits Lane. Drive 1/2 mile to River Oaks Lane on your left. Home is first house on right.
  • Above Grade Finished Sq Ft: 2512.0
  • Architectural Style: Two Story, Cabin
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1989
  • Tax Parcel Letter: R028439
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: SF
  • General Info:Main Floor Master: 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
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 2427.74
  • Financing Info:Tax Year2: 2017
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Miscellaneous:Under Construction3: No
  • Substructure:Crawl Space: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • General Info:LvHtSqFt (Abv Grnd): 2512.0
  • Style:Two Story: Yes
  • Water:Community: Yes
  • Home Performance Programs:Energy Star Rated: No
  • Roof:Metal: Yes
  • Extras:Storage Shed: Yes
  • Exterior:Log Siding: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 600.0
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 2512.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Corner Lot
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Disclosures: Other
  • Construction Type: Log Siding, Other, Log, Frame
  • Property Condition: Excellent
  • Roof: Metal
  • Construction:Frame: Yes
  • Construction:Log: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes
  • General Info:Garage SqFt: 528.0

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wood Stove, Radiant, Natural Gas
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Community
  • Heating:Radiant: Yes
  • Heating:Natural Gas: Yes
  • Heating:Wood Stove: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Pets Allowed/Renter
  • Association Fee: 600.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 600.0
  • Financing Info:Association Fee Frequency2: Annually
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Corner Lot: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Cul-de-Sac: Yes
  • Location Amenities:River Frontage: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 58806.0
  • Parcel #: 246511208001
  • Zoning: SF
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2427.74
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2019
Closed on
Oct 7, 2019
Sold by
Farizel Richard J and Farizel Cheryl K
Bought by
10 River Oaks Llc
Seller's Agent
Wendy Lucas
Wendy Lucas Aspen
Buyer's Agent
Terry Rogers
Aspen Snowmass Sotheby's International Realty-Snowmass Village
List Price
$1,195,000
Sold Price
$1,150,000
Premium/Discount to List
-$45,000
-3.77%
Total Days on Market
20
Current Estimated Value
$2,344,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,194,586
Avg. Annual Appreciation
12.54%
Original Mortgage
$920,000
Interest Rate
3.5%
Mortgage Type
Commercial

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
10 River Oaks Llc $1,150,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 10 River Oaks Llc $1,750,000
Closed 10 River Oaks Llc $920,000
Previous Owner Farizel Richard J $404,000
Previous Owner Farizel Richard J $178,000
Previous Owner Farizel Richard J $270,000
Previous Owner Farizel Richard J $50,000
Previous Owner Farizel Richard J $227,000
Previous Owner Farizel Richard J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2019 10/07/19 Sold $1,150,000 -3.8% $458 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
07/05/2019 07/05/19 For Sale $1,195,000 -- $476 / 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 $11,036 $131,820 $31,290 $100,530
2023 $11,036 $131,820 $31,290 $100,530
2022 $6,927 $76,160 $16,120 $60,040
2021 $7,127 $78,360 $16,590 $61,770
2020 $5,502 $62,760 $16,190 $46,570
2019 $4,924 $62,760 $16,190 $46,570
2018 $5,090 $63,880 $16,130 $47,750
2017 $4,855 $63,880 $16,130 $47,750
2016 $3,838 $52,080 $17,830 $34,250
2015 -- $52,080 $17,830 $34,250
2014 $2,816 $42,480 $14,010 $28,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 160233

Aspen Glenwood MLS

APN: R028439