NOT LISTED FOR SALE

117 E Homestead Dr Basalt, CO 81621

Estimated Value: $1,071,484 - $1,741,000

3 Beds
2 Baths
1,289 Sq Ft
$1,033/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $565,000 $438 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $7,536/month

175 Days on Market

Highlights

  • Green Building
  • Landscaped with Trees
  • Cabin
  • Views
  • Wood Siding
  • 1-Story Property

About This Home

As of September 2020

This .24 acre lot is an incredible opportunity for an extensive remodel or to build up to a 3,500+ sf home including an ADU. Located in Old Town Basalt, Homestead Drive is a prime location right above Midland Avenue with views of Basalt and the surrounding mountains. Being sold as is.

Last Agent to Sell the Property

Doug Leibinger

Compass Aspen Brokerage Phone: 970-925-6063 License #FA40009481 Listed on: 02/20/2020

Compass Aspen

Last Buyer's Agent

Gabriella Sutro

Coldwell Banker Mason Morse-Carbondale License #FA1322781

Coldwell Banker Mason Morse-Carbondale

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,570

Year Built

  • Built in 1895

Lot Details

  • 10,610 Sq Ft Lot
  • Landscaped with Trees

Home Design

  • Cabin
  • Frame Construction
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1,289 Sq Ft Home
  • 1-Story Property
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • No Garage

Utilities

  • No Cooling
  • Water Rights Not Included

Additional Features

  • Green Building
  • Mineral Rights Excluded

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Townsite Of Basalt Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246707400057

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,570

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Subdivision Name: Townsite of Basalt
  • Directions: From downtown Basalt, East on Midland Avenue to Homestead. Left on Homestead, about two blocks. Home will be on the left.
  • Architectural Style: Cabin
  • Carport Y N: Yes
  • Master Model: No
  • Year Built: 1895
  • Tax Parcel Letter: R025970
  • Attribution Contact: 970-925-6063
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: RES
  • General Info:Main Floor Master: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • General Info:Levels: 1.0
  • Financing Info:Taxes2: 4570.24
  • Financing Info:Tax Year2: 2019
  • Sanitation:Sewer: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Water Rights:No3: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Carport:_two_ Car: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1289.0

Exterior Features

  • Construction Type: Wood Siding, Stone Veneer, Frame
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: None

Utilities

  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 10610.0
  • Parcel #: 246707400057
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4570.24
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
Sep 22, 2020
Sold by
Heron Laely and Estate Of Robert S Heron
Bought by
Hamilton Simeon and Caldwell Sophia
Seller's Agent
Doug Leibinger
Compass Aspen
Buyer's Agent
Gabriella Sutro
Coldwell Banker Mason Morse-Carbondale
List Price
$675,000
Sold Price
$565,000
Premium/Discount to List
-$110,000
-16.3%
Current Estimated Value
$1,331,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$766,621
Avg. Annual Appreciation
18.62%
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
Hamilton Simeon $505,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $565,000 -16.3% $438 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $675,000 -- $524 / 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 $5,375 $64,360 $25,350 $39,010
2023 $5,375 $64,360 $25,350 $39,010
2022 $3,602 $39,260 $27,800 $11,460
2021 $3,762 $40,390 $28,600 $11,790
2020 $4,517 $50,300 $23,720 $26,580
2019 $4,570 $50,300 $23,720 $26,580
2018 $3,783 $48,240 $23,890 $24,350
2017 $3,618 $48,240 $23,890 $24,350
2016 $4,005 $44,760 $24,080 $20,680
2015 -- $44,760 $24,080 $20,680
2014 $3,078 $36,540 $23,300 $13,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 163214

Aspen Glenwood MLS

APN: R025970