$1,575,000
SOLD NOV 25, 2024

111 W Homestead Dr Basalt, CO 81621

3 Beds
2.5 Baths
2,124 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$742 Per Sq Ft

15% Below List Price

127 Days on Market

Highlights

  • Green Building
  • No HOA
  • Laundry Room
  • Main Floor Primary Bedroom
  • Air Conditioning
  • Gas Fireplace

About This Home

As of November 2024

There's so much to love about living in Old Town Basalt! You're just a few minutes walk to the Sunday Farmers Market, the river and all the Downtown shops and restaurants. This charming, well-maintained 3 bedroom, 2.5 bath home has a unique floorplan that makes it easy to customize for your needs. High, peaked ceilings and an open floor plan give the main level living room, kitchen and dining area a spacious feel. French doors lead to the deck that overlooks downtown Basalt and the backyard. The bonus room off of the living room is perfect for a home office, art studio or exercise room. The main level master bedroom features a spacious walk-in closet and large en suite bathroom. Powder room bath is opposite the laundry room on the main level. Downstairs, there's a large den with a cozy gas stove and the whole downstairs could be a perfect 1 or 2 bedroom teen space or mother-in-law suite. Lower level has a shower bath, laundry room and entertainment bar with sink and refrigerator. The backyard can be accessed via a door off of the den. If you need storage, this home has plenty: ample closets in the house, and a 1 car garage and a gear shed are outside. Flat front yard has a picket fencing , so bring your dogs! NO HOA Easy to Show, Please use ShowingTime.

Last Agent to Sell the Property

Stacey McLendon Craft

Engel & Volkers Roaring Fork Brokerage Phone: (970) 927-9955 License #EA100025291 Listed on: 06/04/2024

Engel & Volkers Roaring Fork

Last Buyer's Agent

Christopher Wyckoff

Coldwell Banker Mason Morse-Willits License #FA100083646

Coldwell Banker Mason Morse-Willits

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,448

Year Built

  • Built in 1972

Lot Details

  • 4,356 Sq Ft Lot
  • Property is in good condition

Parking

  • 1 Car Garage

Interior Spaces

  • 2,124 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Additional Features

  • Green Building
  • Air Conditioning

Community Details

  • No Home Owners Association
  • Townsite Of Basalt Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246707400050
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,448

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Subdivision Name: Townsite of Basalt
  • Directions: From Two RIvers Road, turn up Homestead. Drive to the top of Homestead, house is on the right, about 2 blocks from the crest of the hill, on the right
  • Master Model: No
  • New Construction: No
  • Year Built: 1972
  • Tax Parcel Letter: R026105
  • Attribution Contact: (970) 927-9955
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: residential
  • General Info:Main Floor Master: Yes
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • General Info:Levels: 2.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 5448.2
  • Financing Info:Tax Year2: 2023
  • Condition:Good: Yes
  • Cooling:AC: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 2124.0
  • Fireplace:Gas: Yes

Exterior Features

  • Property Condition: Good

Garage/Parking

  • Keywords Info:Garage: 1 Car

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: A/C
  • Cooling Y N: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Parcel #: 246707400050
  • Zoning: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5448.2
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2025
Sold by
Wyckoff Courtney Sheeley and Kirsch Sydney Marie
Bought by
Two Experience Llc

Purchase Details

Listed on
Jun 4, 2024
Closed on
Nov 25, 2024
Sold by
Borchers Roberta
Bought by
Wyckoff Courtney Sheeley and Kirsch Sydney Marie
Seller's Agent
Stacey McLendon Craft
Engel & Volkers Roaring Fork
Buyer's Agent
Christopher Wyckoff
Coldwell Banker Mason Morse-Willits
List Price
$1,850,000
Sold Price
$1,575,000
Premium/Discount to List
-$275,000
-14.86%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%
Original Mortgage
$1,023,750
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2005
Sold by
Colorado Azure Ltd
Bought by
Borchers Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 8, 2004
Sold by
Roberts John D and Roberts Kathy M
Bought by
Colorado Azure Ltd
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $1,575,000 None Listed On Document
Warranty Deed $1,575,000 None Listed On Document
Special Warranty Deed -- None Available
Warranty Deed $410,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,023,750 New Conventional
Previous Owner $475,000 Credit Line Revolving
Previous Owner $1,148,400 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $690,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $196,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $200,000 Fannie Mae Freddie Mac
Previous Owner $200,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Price Changed $3,600 -20.0% $3 / Sq Ft
07/02/2025 07/02/25 For Rent $4,500 0.0% --
11/25/2024 11/25/24 Sold $1,575,000 -4.5% $742 / Sq Ft
10/03/2024 10/03/24 Price Changed $1,650,000 -3.5% $777 / Sq Ft
08/23/2024 08/23/24 Price Changed $1,710,000 -3.7% $805 / Sq Ft
07/24/2024 07/24/24 Price Changed $1,775,000 -4.1% $836 / Sq Ft
06/04/2024 06/04/24 For Sale $1,850,000 -- $871 / 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 $6,008 $71,940 $11,380 $60,560
2023 $6,008 $71,940 $11,380 $60,560
2022 $3,958 $50,090 $12,410 $37,680
2021 $4,133 $51,530 $12,770 $38,760
2020 $3,697 $48,310 $10,590 $37,720
2019 $3,740 $48,310 $10,590 $37,720
2018 $3,577 $46,010 $10,660 $35,350
2017 $3,421 $46,010 $10,660 $35,350
2016 $3,196 $43,680 $10,750 $32,930
2015 -- $43,680 $10,750 $32,930
2014 $2,617 $31,070 $10,400 $20,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 183972

Aspen Glenwood MLS

APN: R026105