135 Riverside Dr Basalt, CO 81621
4
Beds
3.5
Baths
3,493
Sq Ft
9,801
Sq Ft Lot
Highlights
- Spa
- Views
- Laundry Room
- Brick or Stone Mason
- Patio
- Landscaped with Trees
About This Home
As of September 2024A gem in the heart of Basalt, located on the desirable Riverside Drive, only steps to the river and a quick stroll to all the restaurants and shops downtown. This spacious residence with a thoughtful layout is filled with historic character. Originally owned by the Arbaney family in the 1950's, the original structure was built with local Peach Blow sandstone and completely renovated in 1999 into a modern, functional home for living and entertaining. The house was designed by Robin Ferguson in the Arts and Crafts Tradition with coffered ceilings and quality throughout. The outdoor setting is beautiful and serene, highlighted by extensive gardens, a large wraparound porch, dining terrace and private hot tub. All of the primary living spaces are on the main entry floor, with an open family and dining room, separate home office library, high quality kitchen and a breakfast sunroom with beautiful views. Three comfortable bedrooms provide relaxation and privacy. Upstairs are two large bedroom suites, and the lower level includes a media room/den, laundry room, and a large bedroom. On a quiet street, yet close to the action, this desirable location is adjacent to the Frying Pan River, and positioned at the gateway to the Frying Pan Valley with amazing access to biking, fly fishing, camping and recreation at Ruedi Reservoir. Two car garage and ample storage for all of the gear that comes with living so close to it all.
Last Agent to Sell the Property
Carrie Wells
CB, The Aspen Broker Brokerage Phone: (970) 925-7000 Listed on: 12/01/2023
Co-Listed By
Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 License #FA100014334
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,661
Year Built
- Built in 1952
Lot Details
- 9,801 Sq Ft Lot
- Fenced
- Landscaped with Trees
- Property is in excellent condition
Home Design
- Brick or Stone Mason
- Frame Construction
- Composition Roof
- Composition Shingle Roof
- Wood Siding
- Stone Siding
Interior Spaces
- 3,493 Sq Ft Home
- 3-Story Property
- Gas Fireplace
- Property Views
- Finished Basement
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Car Garage
- Parking Available
Outdoor Features
- Spa
- Patio
Utilities
- Heating System Uses Natural Gas
- Radiant Heating System
- Baseboard Heating
Community Details
- Property has a Home Owners Association
- Association fees include sewer
- River Run Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 246707429001
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 1, 2023
Closed on
Sep 30, 2024
Sold by
Kane William G and Kane Carolyn W
Bought by
Leslie R Ioffredo Revocable Living Trust
Seller's Agent
Carrie Wells
CB, The Aspen Broker
Buyer's Agent
Jordie Karlinski
Compass Aspen
List Price
$3,395,000
Sold Price
$2,875,000
Premium/Discount to List
-$520,000
-15.32%
Views
93
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,747
Avg. Annual Appreciation
7.22%
Purchase Details
Closed on
Jun 29, 2009
Sold by
George A Heinz Revocable Trust
Bought by
Kane William G and Kane Carolyn W
Purchase Details
Closed on
Jun 15, 2005
Sold by
Grossman David S and Grossman Jennifer L
Bought by
George A Heinz Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 26, 1996
Sold by
Copper Gulch Land Co
Bought by
Grossman David S and Grossman Jennifer L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
8.41%
Purchase Details
Closed on
Jun 28, 1996
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
8.41%
Similar Homes in Basalt, CO
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $2,875,000 | None Listed On Document | |
| Warranty Deed | $12,100 | None Available | |
| Warranty Deed | $924,500 | Land Title Guarantee Company | |
| Warranty Deed | $500,000 | -- | |
| Deed | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $329,000 | New Conventional | |
| Previous Owner | $490,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $250,000 | New Conventional | |
| Previous Owner | $150,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $375,000 | Purchase Money Mortgage | |
| Previous Owner | $2,435,000 | Construction | |
| Previous Owner | $386,900 | Unknown | |
| Previous Owner | $400,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2024 09/30/24 | Sold | $2,875,000 | -2.5% | $823 / Sq Ft |
| 07/27/2024 07/27/24 | Pending | -- | -- | -- |
| 06/04/2024 06/04/24 | Price Changed | $2,950,000 | -9.2% | $845 / Sq Ft |
| 03/19/2024 03/19/24 | Price Changed | $3,250,000 | -4.3% | $930 / Sq Ft |
| 12/01/2023 12/01/23 | For Sale | $3,395,000 | -- | $972 / Sq Ft |
Source: Aspen Glenwood MLS
Tax History Compared to Growth
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 | $16,221 | $194,240 | $59,180 | $135,060 |
| 2023 | $16,221 | $194,240 | $59,180 | $135,060 |
| 2022 | $8,591 | $100,590 | $22,590 | $78,000 |
| 2021 | $8,973 | $103,490 | $23,240 | $80,250 |
| 2020 | $7,009 | $85,190 | $23,240 | $61,950 |
| 2019 | $7,740 | $85,190 | $23,240 | $61,950 |
| 2018 | $8,906 | $96,620 | $21,600 | $75,020 |
| 2017 | $8,518 | $96,620 | $21,600 | $75,020 |
| 2016 | $8,718 | $97,430 | $15,920 | $81,510 |
| 2015 | -- | $97,430 | $15,920 | $81,510 |
| 2014 | $5,882 | $69,820 | $15,920 | $53,900 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2024
Carrie Wells
CB, The Aspen Broker
-
Christy Clettenberg
C
Seller Co-Listing Agent in 2024
Christy Clettenberg
Coldwell Banker Mason Morse-Aspen
(970) 379-5589
40 Total Sales
-
Jordie Karlinski
J
Buyer's Agent in 2024
Jordie Karlinski
Compass Aspen
(970) 274-1255
65 Total Sales
Map
Source: Aspen Glenwood MLS
MLS Number: 181845
APN: R043981
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