$800,000
SOLD AUG 17, 2020

1340 Mclaughlin Ln Basalt, CO 81621

2 Beds
2.5 Baths
2,302 Sq Ft
1.12 Acres

Recently Sold

$348 Per Sq Ft

10% Below List Price

56 Days on Market

Highlights

  • Green Building
  • Contemporary Architecture
  • 1 Fireplace
  • Wood Burning Stove
  • Lake, Pond or Stream
  • Furnished

About This Home

As of May 2023

This beautifully remodeled, 2 bedroom, 3 bath home in Basalt boasts stunning views and gorgeous custom finishes. Spacious open floor plan, vaulted ceilings, and custom-crafted windows accentuate the home's natural light. Featured in the home are Sub Zero Appliances, Rocky Mountain Hardware, and beautiful custom imported tiles. Designs have already been completed for a large 2 car garage and second master bedroom to be added as well! This home belongs in a magazine! This 3 story home is conveniently located between Glenwood Springs and Aspen, and easy access to outdoor recreational activities makes this property an ideal vacation home, summer getaway, or second home. The home would also be an ideal AirBnB property to rent out while you are away!

Last Agent to Sell the Property

Peter Hu

Fathom Realty Colorado LLC Brokerage Phone: (801) 899-1500 License #FA.100050294 Listed on: 05/22/2020

Last Buyer's Agent

Peter Hu

Good Neighbor Realty, LLC License #FA.100050294

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,825

Year Built

  • Built in 1995

Lot Details

  • 1.12 Acre Lot
  • South Facing Home
  • Southern Exposure
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned Rural Residential

HOA Fees

  • $132 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Cabin
  • Brick Veneer
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • 1 Fireplace
  • Wood Burning Stove
  • Walk-Out Basement
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • 2 Car Parking Spaces

Outdoor Features

  • Lake, Pond or Stream
  • Patio

Utilities

  • Air Conditioning
  • Radiant Heating System
  • Propane
  • Water Rights Not Included
  • Water Softener
  • Septic Tank
  • Septic System

Additional Features

  • Green Building
  • Mineral Rights Excluded

Listing and Financial Details

  • Exclusions: See Remarks
  • Assessor Parcel Number 247106307002

Community Details

Overview

  • Association fees include contingency fund, insurance, water, trash, ground maintenance
  • Ruedi Shores Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,825

Year Built

Built in 1995

Lot Details

0

HOA Fees

$132 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.12
  • Inclusions: Dryer, Refrigerator, Washer, Water Softener, Range, Microwave, Dishwasher
  • Subdivision Name: Ruedi Shores
  • Directions: From Basalt, head east on Frying Pan Road for 15 miles. Turn left onto McLaughlin Lane. In 1.4 miles, the property is on the right.
  • Above Grade Finished Sq Ft: 1552.0
  • Architectural Style: Contemporary, Cabin
  • Master Model: No
  • New Construction: No
  • Year Built: 1995
  • Tax Parcel Letter: 247106307002
  • Attribution Contact: (801) 899-1500
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Rural Residential
  • General Info:Unfinished SqFt: 250.0
  • General Info:Main Floor Master: No
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Listing Info:ADU: No
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 5825.0
  • Financing Info:Tax Year2: 2019
  • Extras:PatioDeck: Yes
  • Laundry Facility:Area4: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Trash: Yes
  • HOA Fees Includes:Water: Yes
  • General Info:LvHtSqFt (Abv Grnd): 1552.0
  • General Info:LvHtSqFt (Blw Grnd): 1000.0
  • Inclusions:Water Softener: Yes
  • Unit Faces:South: Yes
  • Substructure:Walkout: Yes
  • Water:Community: Yes
  • Sanitation:Septic: Yes
  • Roof:Metal: Yes
  • Cooling:AC: Yes
  • Extras:Softener: Yes
  • Exterior:Brick Veneer: Yes
  • Construction Brick: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 1580.0
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1000.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2302.0

Exterior Features

  • Exclusions: See Remarks
  • Construction Type: Brick Veneer, Wood Siding, Frame, Brick
  • Property Condition: Excellent
  • Roof: Composition, Metal
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: None
  • Parking Area:_two_ Car2: Yes

Utilities

  • Building Features: Yes
  • Cooling: A/C
  • Cooling Y N: Yes
  • Heating: Wood Stove, Radiant
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Community
  • Heating:Radiant: Yes
  • Gas/Propane: Yes
  • Heating:Wood Stove: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Pets Allowed/Renter
  • Association Fee: 395.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 395.0
  • Financing Info:Association Fee Frequency2: Quarterly
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Pond Stream Lake: Yes

Fee Information

  • Association Fee Includes: Contingency Fund, Insurance, Water, Trash, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 48787.0
  • Parcel #: 247106307002
  • Zoning: Rural Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5825.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
May 19, 2023
Sold by
Sinay Brenda
Bought by
Francis Mamee Llc
Seller's Agent
Tricia McIntyre
Compass Aspen
Buyer's Agent
Cirque x Viceroy Sales Team
Slifer Smith & Frampton RFV
List Price
$1,295,000
Sold Price
$1,050,000
Premium/Discount to List
-$245,000
-18.92%
Views
107
Current Estimated Value
$1,241,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,403
Avg. Annual Appreciation
7.95%

Purchase Details

Listed on
May 22, 2020
Closed on
Oct 2, 2020
Sold by
Holloway John
Bought by
Sway Brenda
Seller's Agent
Peter Hu
Fathom Realty Colorado LLC
Buyer's Agent
Peter Hu
Good Neighbor Realty, LLC
List Price
$890,000
Sold Price
$800,000
Premium/Discount to List
-$90,000
-10.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.39%
Original Mortgage
$747,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2020
Closed on
Aug 17, 2020
Sold by
Beale Heidi and Heidi Beale Living Trust
Bought by
Holloway John
Seller's Agent
Peter Hu
Fathom Realty Colorado LLC
Buyer's Agent
Peter Hu
Good Neighbor Realty, LLC
List Price
$890,000
Sold Price
$800,000
Premium/Discount to List
-$90,000
-10.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$747,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2017
Closed on
Nov 15, 2017
Sold by
Willey Kari J and Rogers Jennifer C
Bought by
Beale Heidi
Seller's Agent
Roshni Slali
Coldwell Banker Mason Morse-Willits
Buyer's Agent
Jay Wright
Aspen Snowmass Sotheby's International Realty-Snowmass Village
List Price
$649,900
Sold Price
$530,000
Premium/Discount to List
-$119,900
-18.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.09%

Purchase Details

Closed on
Jan 29, 2010
Sold by
Lucas Wendy C and Johannessen Jan
Bought by
Willey Kari J and Rogers Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2006
Sold by
Lucas Gerald M and Lucas Marie
Bought by
Lucas Wendy C and Johannessen Jan

Purchase Details

Closed on
Jul 14, 2004
Sold by
Dournel Zanni Joel
Bought by
Johannessen Jan and Lucas Wendy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,900
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 6, 2000
Sold by
Cyr Barrett and Matthews Susan
Bought by
Card Bethany

Purchase Details

Closed on
Sep 3, 1999
Sold by
Rocky Mountain Foreclosure Specialists
Bought by
Cyr Barrett and Matthews Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
7.68%

Purchase Details

Closed on
Apr 9, 1997
Sold by
Dournel Zanni Joel
Bought by
Dournel Zanni Joel

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
7.75%
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
Warranty Deed $1,050,000 Land Title
Quit Claim Deed -- None Available
Warranty Deed $800,000 Fidelity National Title
Warranty Deed $530,000 Land Title Guarantee Co
Warranty Deed $375,000 None Available
Special Warranty Deed -- None Available
Warranty Deed $459,900 Land Title
Warranty Deed $82,000 --
Warranty Deed $68,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $747,000 New Conventional
Previous Owner $370,000 Commercial
Previous Owner $296,000 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $99,000 Credit Line Revolving
Previous Owner $218,900 Unknown
Previous Owner $200,000 Unknown
Previous Owner $20,000 Unknown
Previous Owner $51,000 No Value Available
Previous Owner $200,000 Unknown
Previous Owner $200,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $1,050,000 -18.9% $411 / Sq Ft
03/10/2023 03/10/23 For Sale $1,295,000 +61.9% $507 / Sq Ft
08/17/2020 08/17/20 Sold $800,000 -10.1% $348 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $890,000 +67.9% $387 / Sq Ft
11/15/2017 11/15/17 Sold $530,000 -18.4% $217 / Sq Ft
10/08/2017 10/08/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $649,900 -- $265 / 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 $8,340 $65,210 $4,700 $60,510
2023 $8,340 $65,210 $4,700 $60,510
2022 $6,039 $37,890 $4,520 $33,370
2021 $6,209 $38,980 $4,650 $34,330
2020 $6,158 $38,370 $4,430 $33,940
2019 $5,825 $36,130 $4,430 $31,700
2018 $4,962 $28,690 $3,740 $24,950
2017 $4,929 $28,690 $3,740 $24,950
2016 $4,519 $26,030 $4,140 $21,890
2015 -- $26,030 $4,140 $21,890
2014 $4,480 $24,430 $3,180 $21,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 164342

Aspen Glenwood MLS

APN: R034129