NOT LISTED FOR SALE

1370 E Valley Rd Unit 6 Basalt, CO 81621

Estimated Value: $790,000 - $1,000,000

2 Beds
2 Baths
989 Sq Ft
$665/mo HOA Fee

Last Sold May 26, 2023

Last sale price $777,000 $786 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,035/month

26 Days on Market

Highlights

  • Air Conditioning
  • Resident Manager or Management On Site
  • Ceiling Fan
  • Patio
  • Landscaped with Trees
  • Baseboard Heating

About This Home

As of May 2023

Welcome to the perfect place to call home located just moments from the heart of Willits. This immaculate condo offers everything you need for a comfortable and convenient lifestyle.


As you step inside, you'll immediately be struck by the natural light and spacious layout of the living area with access to a private balcony with beautiful views of the surrounding mountains.


This condo is perfectly located for outdoor enthusiasts, with the Roaring Fork River, Glassier bike trail, and Rio Grand trail nearby. A spacious storage unit is also included, providing ample room for all your gear. The HOA includes heat, ensuring you'll stay warm and cozy. And with Whole Foods and numerous restaurants just minutes away in Willits, you'll have everything you need at your fingertips

Last Agent to Sell the Property

Jessica Hughes

Weaver & Briscoe Brokerage Phone: (970) 925-5600 License #FA.100099714 Listed on: 04/14/2023

Last Buyer's Agent

Benjamin West

Real Broker, LLC License #FA100082339

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,846

Year Built

  • Built in 2005

Lot Details

  • South Facing Home
  • Landscaped with Trees
  • Property is in good condition

HOA Fees

  • $665 Monthly HOA Fees

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 989 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Stove
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Freezer
  • <<ENERGY STAR Qualified Dishwasher>>

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Assigned Parking

Outdoor Features

  • Patio
  • Storage Shed

Location

  • Mineral Rights Excluded

Utilities

  • Air Conditioning
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 246511237006

Community Details

Overview

  • Association fees include contingency fund, management, sewer, unit heat, insurance, water, trash, snow removal, ground maintenance
  • Lakeside Condominiums At Willits Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,846

Year Built

Built in 2005

Lot Details

0

HOA Fees

$665 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Inclusions: Ceiling Fan, Dryer, Energy Star Dishwash, Freezer, Refrigerator, Washer, Window Coverings, Stove Top, Range, Microwave
  • Subdivision Name: Lakeside Condominiums at Willits
  • Directions: Hwy 82 to Original Rd, west on Original Rd to Valley Rd, follow to 1370 on left.
  • Architectural Style: Two Story
  • Master Model: No
  • New Construction: No
  • Year Built: 2005
  • Tax Parcel Letter: R058482
  • Attribution Contact: (970) 925-5600
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: RES
  • General Info:Main Floor Master: No
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 2846.0
  • Financing Info:Tax Year2: 2022
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • HOA Fees Includes:Management: Yes
  • Miscellaneous:Under Construction3: No
  • Condition:Good: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Sewer2: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • HOA Fees Includes:Water: Yes
  • HOA Fees Includes:Unit Heat: Yes
  • General Info:Unit Faces: South
  • Style:Two Story: Yes
  • Inclusions:Freezer: Yes
  • Inclusions:Stove Top: Yes
  • Cooling:AC: Yes
  • Inclusions:Energy Star Dishwash: Yes
  • Extras:Storage Shed: Yes
  • Laundry Facility:In Hall: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 7980.0
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 989.0

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Frame
  • Direction Faces: South
  • Property Condition: Good
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 Car, Assigned
  • Keywords Info:Garage: Assigned
  • Parking Area:Assigned2: Yes
  • Parking Area:_one_ Car2: Yes

Utilities

  • Laundry Features: In Hall
  • Cooling: A/C
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Pets Allowed/Renter
  • Association Fee: 665.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 665.0
  • Financing Info:Association Fee Frequency2: Monthly
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Contingency Fund, Management, Sewer, Unit Heat, Insurance, Water, Trash, Snow Removal, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 3049.0
  • Parcel #: 246511237006
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2846.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2012
Closed on
Jun 28, 2012
Sold by
Fannie Mae
Bought by
Sgambati Eric G and Sgambati Marcy L
Seller's Agent
Thomas F 'Tom' DiMercurio, BA, MBA,
Mercury Alliance Mountain Properties
Buyer's Agent
Arne Simonsen
Alpine West Real Estate
List Price
$188,700
Sold Price
$185,000
Premium/Discount to List
-$3,700
-1.96%
Current Estimated Value
$919,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$734,283
Avg. Annual Appreciation
13.16%
Original Mortgage
$175,750
Outstanding Balance
$124,203
Interest Rate
3.8%
Mortgage Type
FHA
Estimated Equity
$805,230

Purchase Details

Closed on
Feb 1, 2012
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 9, 2011
Sold by
Elwell Meredith T
Bought by
Bank Of America Na

Purchase Details

Closed on
Aug 1, 2007
Sold by
Weinstein Steven and Weinstein Sharon
Bought by
Elwell Meredith T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2006
Sold by
The Willits Group Llc
Bought by
Weinstein Steven and Weinstein Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,800
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Sgambati Eric G $185,000 Assured Title
Federal National Mortgage Association -- None Available
Bank Of America Na -- None Available
Elwell Meredith T $450,000 Stewart Title
Weinstein Steven $286,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sgambati Eric G $175,750
Previous Owner Elwell Meredith T $360,000
Previous Owner Elwell Meredith T $67,500
Previous Owner Weinstein Steven $228,800
Previous Owner Weinstein Steven $28,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $777,000 -2.8% $786 / Sq Ft
03/28/2023 03/28/23 For Sale $799,000 +331.9% $808 / Sq Ft
06/28/2012 06/28/12 Sold $185,000 -2.0% $187 / Sq Ft
05/22/2012 05/22/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $188,700 -- $191 / 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 $3,516 $42,000 -- $42,000
2023 $3,516 $42,000 $0 $42,000
2022 $2,846 $31,290 $0 $31,290
2021 $2,928 $32,190 $0 $32,190
2020 $2,346 $26,760 $0 $26,760
2019 $2,369 $26,760 $0 $26,760
2018 $2,197 $24,470 $0 $24,470
2017 $2,096 $24,470 $0 $24,470
2016 $2,041 $23,460 $0 $23,460
2015 -- $23,460 $0 $23,460
2014 $1,181 $14,480 $0 $14,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 178655

Aspen Glenwood MLS

APN: R058482