NOT LISTED FOR SALE

1200 Frying Pan Rd Basalt, CO 81621

Estimated Value: $1,116,000 - $1,181,689

4.59 Acres
$249,505 Price per Acre
199,940 Sq Ft Lot

Last Sold November 16, 2021

Last sale price $905,000

Est. 27% increase in value since last sale

Current estimated payment $7,705/month

102 Days on Market

Highlights

  • Green Building
  • Views
  • Fenced
  • No HOA
  • Property is near a preserve or public land
  • Level Lot

About This Lot

As of November 2021

Just 4 miles from downtown Basalt lies this beautiful, flat parcel of land that is ready for you to build your dream home. The property is less than a half a mile from gold medal fishing access on the Frying Pan and is bordered by thousands of acres of US Forest Service. NO HOA and it's located in Eagle County, where your options to build are endless. This property has all day sun, expansive views of the valley and red rock cliffs, as well as privacy and a quiet setting. Owner is in the process of having the well drilled. Per the Forum Phi zoning analysis* There is no limitation on structure size or lot coverage. In addition to a single family dwelling an agricultural structure may be developed provided it is used for farm implement, hay, grain,or livestock storage. An 850 square foot accessory dwelling unit may be developed pending a limited review land use approval with the building department. The accessory dwelling unit may be combined with an approved accessory structure on the property or it may be attached to the main dwelling. or livestock storage. An 850 square foot accessory dwelling unit may be developed pending a limited review land use approval with the building department. The accessory dwelling unit may be combined with an approved accessory structure on the property or it may be attached to the main dwelling.

Last Agent to Sell the Property

Ashley Ernst

Douglas Elliman Real Estate-Durant Brokerage Phone: (970) 925-8810 License #FA.100025904 Listed on: 07/06/2021

Douglas Elliman Real Estate-Durant

Last Buyer's Agent

Andrew Roberts

Compass License #FA.100053200

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,880

Lot Details

  • 4.59 Acre Lot
  • Fenced
  • Level Lot
  • Unpaved Streets
  • Property is zoned Residential Rural

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Water Rights Not Included
  • Well Required
  • Septic Tank
  • Septic System

Additional Features

  • Green Building
  • Accessory Dwelling Unit (ADU)
  • Mineral Rights Excluded
  • Property Views

Community Details

  • No Home Owners Association
  • Seven Castles Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 246702300002

Property Details

Property Type

Land

Est. Annual Taxes

$4,880

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 4.59
  • Subdivision Name: Seven Castles
  • Directions: Take Frying Pan Road from Basalt just past mile marker 4. Take a left just after the green home on the left. Property is on your right. Sign is at the driveway entrance.
  • Tax Parcel Letter: R027546
  • Attribution Contact: (970) 925-8810
  • General Info:Zoning2: Residential Rural
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Financing Info:Taxes2: 4879.8
  • Financing Info:Tax Year2: 2020
  • Mineral Rights:No2: Yes
  • Sanitation:Septic: Yes
  • Lot Description:Flat: Yes
  • Water Rights:None6: Yes
  • Extras:Fencing: Yes
  • General Info:ADU Allowed: Yes
  • Lot Description:Borders Public Land2: Yes
  • Electric:No: Yes
  • Gas:None9: Yes
  • Water:Well to be Drilled: Yes
  • Access:Unpaved: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Exterior Features

  • Fencing: Fenced

Utilities

  • Building Features: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Not Available
  • Water Source: Well to be Drilled

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 199940.0
  • Parcel #: 246702300002
  • Zoning: Residential Rural
  • ResoLotSizeUnits: Acres
  • Lot Description View: Yes

Tax Info

  • Tax Annual Amount: 4879.8
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Nov 1, 2021
Sold by
Zienkiewicz Todd A
Bought by
Feinman Andrea and Feinman Blake
Seller's Agent
Ashley Ernst
Douglas Elliman Real Estate-Durant
Buyer's Agent
Andrew Roberts
Compass
List Price
$1,050,000
Sold Price
$905,000
Premium/Discount to List
-$145,000
-13.81%
Current Estimated Value
$1,145,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,230
Avg. Annual Appreciation
5.77%

Purchase Details

Listed on
Sep 26, 2018
Closed on
Aug 21, 2019
Sold by
Kreidler Kimberly
Bought by
Zienkiewicz Todd A
Seller's Agent
Christy Clettenberg
Coldwell Banker Mason Morse-Aspen
Buyer's Agent
Ashley Ernst
Douglas Elliman Real Estate-Durant
List Price
$439,000
Sold Price
$385,000
Premium/Discount to List
-$54,000
-12.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.46%
Original Mortgage
$288,750
Interest Rate
3.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Feinman Andrea $905,000 Land Title Guarantee
Zienkiewicz Todd A $385,000 Land Title Guarantee Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zienkiewicz Todd A $288,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2021 11/16/21 Sold $905,000 -13.8% --
10/17/2021 10/17/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $1,050,000 +172.7% --
08/21/2019 08/21/19 Sold $385,000 -12.3% -- View Prior Sale
11/07/2018 11/07/18 Pending -- -- --
09/26/2018 09/26/18 For Sale $439,000 -- --
Source: Aspen Glenwood MLS

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 $21,020 $282,380 $282,380 --
2023 $21,020 $282,380 $282,380 $0
2022 $8,158 $101,500 $101,500 $0
2021 $8,150 $101,500 $101,500 $0
2020 $4,880 $63,800 $63,800 $0
2019 $4,926 $63,800 $63,800 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Ashley Ernst

    Douglas Elliman Real Estate-Durant

    (970) 925-8810

    30 Total Sales

    Ashley Ernst
    Section Image

  • A

    Buyer's Agent in 2021

    Andrew Roberts

    Compass

  • C

    Seller's Agent in 2019

    Christy Clettenberg

    Coldwell Banker Mason Morse-Aspen

    (970) 379-5589

    36 Total Sales

    Christy Clettenberg
    Section Image

  • A

    Buyer's Agent in 2019

    Ashley Chod

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 170946

Aspen Glenwood MLS

APN: 246702305001

Colorado Eagle County Basalt 81621

1200 Frying Pan Rd, Basalt, CO

Not Listed for Sale

Lots

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