NOT LISTED FOR SALE

100 Midland Ave Unit 404 Basalt, CO 81621

Estimated Value: $906,000 - $1,033,000

2 Beds
1.5 Baths
922 Sq Ft
$600/mo HOA Fee

Last Sold November 04, 2020

Last sale price $500,000 $542 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,934/month

Highlights

  • Spa
  • Views
  • Resident Manager or Management On Site
  • Brick Veneer
  • Patio
  • 2-minute walk to Basalt Lions Park

About This Home

As of November 2020

Lovely 2 Bedroom, 1.5 Bath condo in the center of Basalt, perfect for a couple (full bath is in Master, second bedroom has access to 1/2 bath in hallway - best use for 2nd bedroom is as an office/guest quarters). Two car tandem parking, storage for bikes and other items, and a wrap around deck with stunning views over the Town and of the River. In unit washer/dryer. Elevator building with community hot tub in a lovely setting.

Last Agent to Sell the Property

Wendy Lucas

Wendy Lucas Aspen License #ER1315854 Listed on: 09/02/2020

Last Buyer's Agent

Hank Carter

Compass Aspen License #FA100078083

Compass Aspen

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,318

Year Built

  • Built in 1982

Lot Details

  • Southwest Facing Home
  • Property is in excellent condition

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Brick Veneer
  • Slab Foundation
  • Frame Construction
  • Tar and Gravel Roof
  • Stucco Exterior

Interior Spaces

  • 922 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Property Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Carport

Outdoor Features

  • Spa
  • Patio
  • Storage Shed

Location

  • Mineral Rights Excluded

Utilities

  • No Cooling
  • Baseboard Heating
  • Water Rights Not Included
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 246707417012

Community Details

Overview

  • Association fees include contingency fund, management, sewer, insurance, water, trash, ground maintenance
  • Twin River Subdivision
  • On-Site Maintenance

Pet Policy

  • Only Owners Allowed Pets

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,318

Year Built

Built in 1982

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Dryer, Refrigerator, Washer, Range, Dishwasher
  • Subdivision Name: Twin River
  • Directions: On Midland Avenue in Basalt
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1982
  • Tax Parcel Letter: R025752
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: MultiFamily
  • General Info:Main Floor Master: No
  • 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: 2317.84
  • Financing Info:Tax Year2: 2019
  • Extras:PatioDeck: Yes
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Substructure:Slab: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • HOA Fees Includes:Management: Yes
  • Miscellaneous:Under Construction3: No
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Sewer2: Yes
  • HOA Fees Includes:Trash: Yes
  • HOA Fees Includes:Water: Yes
  • Extras:Elevator: Yes
  • Unit Faces:South: Yes
  • Unit Faces:West: Yes
  • Exterior:Stucco: Yes
  • Style:Two Story: Yes
  • Carport:_two_ Car: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Exterior:Brick Veneer: Yes
  • Extras:Storage Shed: Yes
  • Construction Brick: Yes
  • Roof:Tar Gravel: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 7200.0
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Elevator
  • Living Area: 922.0
  • Fireplace:Gas: Yes

Exterior Features

  • Construction Type: Brick Veneer, Stucco, Frame, Brick
  • Foundation Details: Slab
  • Property Condition: Excellent
  • Roof: Tar/Gravel
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

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

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 600.0
  • Financing Info:Association Fee Frequency2: Monthly
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes

Fee Information

  • Association Fee Includes: Contingency Fund, Management, Sewer, Insurance, Water, Trash, Maintenance Grounds

Lot Info

  • Parcel #: 246707417012
  • Zoning: MultiFamily

Tax Info

  • Tax Annual Amount: 2317.84
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Nov 4, 2020
Sold by
Kucharczyk Jerry Eijgene and Kucharczyk Sandra Sue
Bought by
Hogan Morris and Hostetler Katherine
Seller's Agent
Wendy Lucas
Wendy Lucas Aspen
Buyer's Agent
Hank Carter
Compass Aspen
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$950,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,515
Avg. Annual Appreciation
13.95%
Original Mortgage
$320,000
Outstanding Balance
$285,265
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$665,250

Purchase Details

Closed on
May 8, 2013
Sold by
Blue Marcus J
Bought by
Kucharczyk Jerry Eugene and Kucharczyk Sandra Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2011
Sold by
Ing Bank Fsb
Bought by
Blue Marcus J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2010
Sold by
Goldman Michael and Snyder Amy L
Bought by
Ing Bank Fsb

Purchase Details

Closed on
May 16, 2007
Sold by
Nichols Bond
Bought by
Goldman Michael and Snyder Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,200
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2006
Sold by
Arskogur Usa Ltd
Bought by
Nichols Bond

Purchase Details

Closed on
Apr 7, 2003
Sold by
Arskogur Usa and Kristjansdottir Gerdur
Bought by
Jonsson Thor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,100
Interest Rate
5.64%

Purchase Details

Closed on
Nov 2, 1998
Sold by
Jonsson Thor
Bought by
Arskogur Usa Ltd

Purchase Details

Closed on
Nov 1, 1998
Sold by
Kristjansdottir Gerdur
Bought by
Arskogur Usa Ltd

Purchase Details

Closed on
Aug 14, 1998
Sold by
Melzer Robert A and Melzer Angelie R
Bought by
Jonsson Thor and Kristjansdottir Gerdur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,750
Interest Rate
6.94%

Purchase Details

Closed on
Sep 5, 1997
Sold by
Sinsel Michelle and James Laurence
Bought by
Melzer Ii Robert A and Melzer Angelie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,600
Interest Rate
7.34%
Source: Public Records

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
Hogan Morris $500,000 Land Title Guarantee Co
Kucharczyk Jerry Eugene $395,000 None Available
Blue Marcus J $254,900 Assured Title
Ing Bank Fsb -- None Available
Goldman Michael $519,000 None Available
Nichols Bond $300,000 Stewart Title
Jonsson Thor -- --
Arskogur Usa Ltd -- --
Arskogur Usa Ltd -- --
Jonsson Thor $172,500 Stewart Title
Melzer Ii Robert A $154,000 Aspen Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hogan Morris $320,000
Previous Owner Kucharczyk Jerry Eugene $316,000
Previous Owner Blue Marcus J $229,500
Previous Owner Goldman Michael $415,200
Previous Owner Jonsson Thor $120,100
Previous Owner Jonsson Thor $120,750
Previous Owner Melzer Ii Robert A $138,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2020 11/04/20 Sold $500,000 0.0% $542 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $500,000 0.0% $542 / Sq Ft
10/15/2019 10/15/19 Rented $2,150 -14.0% --
09/15/2019 09/15/19 Under Contract -- -- --
09/03/2019 09/03/19 For Rent $2,500 -- --
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 $3,292 $39,420 -- $39,420
2023 $3,292 $39,420 $0 $39,420
2022 $2,658 $28,970 $0 $28,970
2021 $2,775 $29,800 $0 $29,800
2020 $2,291 $25,510 $0 $25,510
2019 $2,318 $25,510 $0 $25,510
2018 $2,649 $28,740 $0 $28,740
2017 $2,534 $28,740 $0 $28,740
2016 $2,626 $29,350 $0 $29,350
2015 -- $29,350 $0 $29,350
2014 $1,495 $17,750 $0 $17,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 166365

Aspen Glenwood MLS

APN: R025752