$185,000
SOLD JUN 28, 2012

1370 E Valley Rd Unit 6 Basalt, CO 81621

2 Beds
2 Baths
989 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$187 Per Sq Ft

2% Below List Price

42 Days on Market

Highlights

  • Green Building
  • Patio
  • Baseboard Heating
  • Views
  • Resident Manager or Management On Site
  • Laundry Facilities

About This Home

As of May 2023

This is a Fannie Mae HomePath property - Purchase this property for as little as 3 % down! - This property is approved for HomePath Mortgage Financing - This property is approved for HomePath Renovation Mortgage Financing – Buyer to verify HOA - Top floor Wilits condo with noce views! Well maintained 2 bedroom, 2 bathroom condo. Great location with in walking distance to bus line! Don't miss out on this Wilits best buy!

Last Agent to Sell the Property

Thomas F 'Tom' DiMercurio, BA, MBA,

Mercury Alliance Mountain Properties License #ER40017694 Listed on: 04/09/2012

Last Buyer's Agent

Arne Simonsen

Alpine West Real Estate License #II40002920

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,578

Year Built

  • Built in 2005

Lot Details

  • South Facing Home
  • Fence is in average condition
  • Property is in average condition

Home Design

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

Interior Spaces

  • 989 Sq Ft Home
  • 2-Story Property
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Assigned Parking

Utilities

  • No Cooling
  • Baseboard Heating
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Green Building
  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Exclusions: See Remarks
  • Assessor Parcel Number 246511237006

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, sewer, insurance, trash, snow removal, ground maintenance
  • Willits Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,578

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: See Remarks
  • Subdivision Name: 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
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • Listing Info:Short Sale: No
  • Listing Info:REO: Yes
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 1578.4
  • Financing Info:Tax Year2: 2011
  • Extras:PatioDeck: Yes
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Exterior:Wood Siding: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • HOA Fees Includes:Management: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Sewer2: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • Unit Faces:South: Yes
  • Condition:Average: Yes
  • Style:Two Story: Yes
  • Special Features: RealEstateOwned

Interior Features

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

Exterior Features

  • Exclusions: See Remarks
  • Construction Type: Wood Siding, Frame
  • Property Condition: Average
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Keywords Info:Garage: None
  • Parking Area:Assigned2: Yes

Utilities

  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes

Fee Information

  • Association Fee Includes: Management, Sewer, Insurance, Trash, Snow Removal, Maintenance Grounds

Lot Info

  • Parcel #: 246511237006

Tax Info

  • Tax Annual Amount: 1578.4
  • Tax Year: 2011

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
13.15%
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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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 Type Sale Price Title Company
Special Warranty Deed $185,000 Assured Title
Special Warranty Deed -- None Available
Trustee Deed -- None Available
Warranty Deed $450,000 Stewart Title
Warranty Deed $286,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,750 FHA
Previous Owner $360,000 Purchase Money Mortgage
Previous Owner $67,500 Stand Alone Second
Previous Owner $228,800 Purchase Money Mortgage
Previous Owner $28,600 Unknown
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

  • Jessica Hughes

    Seller's Agent in 2023

    Jessica Hughes

    Weaver & Briscoe

    (970) 379-1278

    4 in this area

    36 Total Sales

    Jessica Hughes
    Section Image

  • B

    Buyer's Agent in 2023

    Benjamin West

    Real Broker, LLC

    (970) 945-7653

    6 in this area

    109 Total Sales

    Benjamin West
    Section Image

  • T

    Seller's Agent in 2012

    Thomas F 'Tom' DiMercurio, BA, MBA,

    Mercury Alliance Mountain Properties

  • A

    Buyer's Agent in 2012

    Arne Simonsen

    Alpine West Real Estate

    (970) 309-8707

    6 Total Sales

    Arne Simonsen
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 124971

Aspen Glenwood MLS

APN: R058482

Colorado Eagle County Basalt 81621

1370 E Valley Rd Unit 6, Basalt, CO

This home is located at 1370 E Valley Rd Unit 6, Basalt, CO 81621 and is currently priced at $185,000, approximately $187 per square foot. This property was built in 2005. 1370 E Valley Rd Unit 6 is a home located in Eagle County with nearby schools including Cornerstone Classical School and Waldorf School on the Roaring Fork.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Aspen Glenwood MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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