NOT LISTED FOR SALE

127 Ridge Rd Basalt, CO 81621

Estimated Value: $2,539,000 - $2,902,000

3 Beds
2.5 Baths
2,898 Sq Ft
$912/Sq Ft Est. Value

Last Sold March 02, 2015

Last sale price $912,500 $315 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $15,288/month

55 Days on Market

Highlights

  • Spa
  • Patio
  • Landscaped with Trees
  • Views
  • Laundry Room
  • South Facing Home

About This Home

As of March 2015

Perched high in Old Town Basalt is this sun filled mountain contemporary style home with beautiful landscaping and super views of Sopris, Capitol Peak and all the mountains bordering the valley up to Aspen. Borders open space making the setting feel even more expansive. Large entertaining deck off of the kitchen area that takes in all the views. Private fenced back yard. Downtown Basalt is just a short walk down hill.

Last Agent to Sell the Property

Katie Grange

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 Listed on: 12/09/2014

Last Buyer's Agent

Casey Slossberg

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA100031773

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,278

Year Built

  • Built in 1989

Lot Details

  • 0.44 Acre Lot
  • South Facing Home
  • Southern Exposure
  • Fenced
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,898 Sq Ft Home
  • 2-Story Property
  • Property Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 246707108002

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,278

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.44
  • Inclusions: Dryer, Refrigerator, Washer, Range, Dishwasher
  • Subdivision Name: Basalt Ridge
  • Directions: Follow Midland Ave., take a left on Sopris Dr. and right on Ridge Road. Home is on left midway up Ridge Road.
  • Architectural Style: Two Story
  • Master Model: No
  • New Construction: No
  • Year Built: 1989
  • Tax Parcel Letter: R054461
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 5277.68
  • Financing Info:Tax Year2: 2014
  • Extras:Hot TubSpa: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Substructure:Slab: Yes
  • Extras:Lawn Sprinklers: Yes
  • Extras:Fence: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Unit Faces:South: Yes
  • Style:Two Story: Yes
  • Roof:Metal: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 2898.0

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Construction Type: Frame
  • Foundation Details: Slab
  • Property Condition: Excellent
  • Roof: Metal
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car

Utilities

  • Laundry Features: Inside
  • Heating: Radiant, Natural Gas
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 19166.0
  • Parcel #: 246707108002
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5277.68
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2025
Sold by
Vaughn Kelly and Vaughn Curtis
Bought by
Vaughn Kelly and Vaughn Curtis
Current Estimated Value
$2,644,302

Purchase Details

Listed on
Dec 9, 2014
Closed on
Mar 2, 2015
Sold by
Grossman Elaine R
Bought by
Vaughn Kelly and Vaughn Curtis
Seller's Agent
Katie Grange
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Casey Slossberg
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$990,000
Sold Price
$912,500
Premium/Discount to List
-$77,500
-7.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.81%
Original Mortgage
$625,500
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2006
Sold by
Michelle H Schultz Revocable Living Tr
Bought by
Grossman Elaine 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
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2004
Sold by
Schultz Michelle H
Bought by
Michelle M Schultz Revocable Living Tr

Purchase Details

Closed on
Apr 24, 2003
Sold by
Stone David Jay and Stone David J
Bought by
Schultz Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5.57%
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
Vaughn Kelly -- None Listed On Document
Vaughn Kelly $912,500 Stewart Title
Grossman Elaine R $1,100,000 None Available
Michelle M Schultz Revocable Living Tr -- --
Schultz Michelle $618,000 First American Heritage Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vaughn Kelly $730,000
Previous Owner Vaughn Kelly $625,500
Previous Owner Grossman Elaine R $651,100
Previous Owner Grossman Elaine R $475,000
Previous Owner Grossman Elaine R $505,000
Previous Owner Grossman Elaine R $250,000
Previous Owner Grossman Elaine R $500,000
Previous Owner Schultz Michelle $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2015 03/02/15 Sold $912,500 -7.8% $315 / Sq Ft
02/02/2015 02/02/15 Pending -- -- --
12/09/2014 12/09/14 For Sale $990,000 -- $342 / 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 $11,890 $142,380 $45,720 $96,660
2023 $11,890 $142,380 $45,720 $96,660
2022 $7,706 $83,990 $22,940 $61,050
2021 $8,047 $86,400 $23,600 $62,800
2020 $7,503 $83,540 $20,740 $62,800
2019 $7,590 $83,540 $20,740 $62,800
2018 $7,692 $83,450 $19,080 $64,370
2017 $7,357 $83,450 $19,080 $64,370
2016 $7,399 $82,690 $20,300 $62,390
2015 -- $82,690 $20,300 $62,390
2014 -- $62,650 $19,100 $43,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 134024

Aspen Glenwood MLS

APN: R054461