NOT LISTED FOR SALE

118 Red Rock Rd Basalt, CO 81621

Estimated Value: $3,247,000 - $5,428,000

4 Beds
6 Baths
4,691 Sq Ft
$961/Sq Ft Est. Value

About This Home

This home is located at 118 Red Rock Rd, Basalt, CO 81621 and is currently estimated at $4,506,940, approximately $960 per square foot. 118 Red Rock Rd is a home located in Eagle County with nearby schools including Cornerstone Classical School and Waldorf School on the Roaring Fork.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2016
Sold by
Scherer Daniel R
Bought by
Daniel R Scherer Trust
Current Estimated Value
$4,506,940

Purchase Details

Closed on
Oct 13, 2015
Sold by
Scherer Daniel R and Scherer Tammy L
Bought by
Scherer Daniel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$402,547
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$3,649,546

Purchase Details

Closed on
Nov 10, 1999
Sold by
Baker Gregory R and Baker Mary F
Bought by
Scherer Daniel R and Scherer Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.73%

Purchase Details

Closed on
Jan 16, 1997
Sold by
Collins Thomas S
Bought by
Baker Gregory R and Baker Mary F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 1993

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Daniel R Scherer Trust -- None Available
Scherer Daniel R -- Land Title Guarantee Company
Scherer Daniel R $280,000 --
Baker Gregory R -- --
-- $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherer Daniel R $500,000
Closed Scherer Daniel R $296,576
Closed Scherer Daniel R $300,000
Closed Scherer Daniel R $630,000
Closed Scherer Daniel R $630,000
Closed Scherer Daniel R $196,000
Previous Owner Baker Gregory R $125,000
Source: Public Records

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 $20,216 $271,580 $39,660 $231,920
2023 $20,216 $271,580 $39,660 $231,920
2022 $12,200 $151,790 $20,160 $131,630
2021 $12,538 $156,150 $20,740 $135,410
2020 $9,355 $122,310 $20,230 $102,080
2019 $9,444 $122,310 $20,230 $102,080
2018 $9,743 $125,000 $20,160 $104,840
2017 $9,225 $125,000 $20,160 $104,840
2016 $6,508 $86,630 $22,290 $64,340
2015 -- $86,630 $22,290 $64,340
2014 $5,669 $79,440 $17,510 $61,930
Source: Public Records

Map

Colorado Eagle County Basalt 81621

118 Red Rock Rd, Basalt, CO

Homes for Sale in Basalt, CO

This home is located at 118 Red Rock Rd, Basalt, CO 81621 and is currently estimated at $4,506,940, approximately $960 per square foot. 118 Red Rock Rd is a home located in Eagle County with nearby schools including Cornerstone Classical School and Waldorf School on the Roaring Fork.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes