NOT LISTED FOR SALE

1400 E Valley Rd Unit 116 Basalt, CO 81621

Estimated Value: $780,777 - $904,000

2 Beds
2 Baths
1,128 Sq Ft
$432/mo HOA Fee

Last Sold July 06, 2021

Last sale price $525,000 $465 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,113/month

36 Days on Market

Highlights

  • Central Air
  • Hot Water Heating System
  • Property is in excellent condition

About This Home

As of July 2021

Conveniently located mid valley by Willits/Whole Foods, this two bedroom and two bathroom condominium has 1128 square feet and features radiant heat hardwood flooring, A/C unit, walk-in closets, large laundry / coat closet and in-unit washer dryer. HOA fees include water, sewer, trash removal, management, insurance, common area space and exercise room. Enjoy the amenities of Valley Pines and all that mid-valley has to offer.

Last Agent to Sell the Property

Tim Clark

Aspen Snowmass Sotheby's International Realty - Durant Brokerage Phone: (970) 925-1100 License #EA1050405 Listed on: 04/15/2021

Last Buyer's Agent

Kim McKinley

McKinley Home License #ER1318847

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,124

Year Built

  • Built in 1999

Lot Details

  • Property is in excellent condition

HOA Fees

  • $432 Monthly HOA Fees

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1,128 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • Common or Shared Parking

Utilities

  • Central Air
  • Radiant Heating System
  • Hot Water Heating System

Community Details

  • Valley Pines Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246511222006

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,124

Year Built

Built in 1999

Lot Details

0

HOA Fees

$432 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Subdivision Name: Valley Pines
  • Directions: If you are heading West on HWY 82 turn left onto Original Road. Then Original Road turns right and becomes E Valley Road. It will be on the left in 0.1 mile.
  • Carport Y N: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1999
  • Tax Parcel Letter: R048946
  • Attribution Contact: (970) 925-1100
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • General Info:Levels: 1.0
  • Financing Info:Taxes2: 2124.16
  • Financing Info:Tax Year2: 2020
  • Condition:Excellent: Yes
  • Roof:Composition Shingles: Yes
  • Exterior:Stucco: Yes
  • Cooling:Central AC: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 5184.0
  • Listing Info In Foreclosure: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1128.0

Exterior Features

  • Construction Type: Stucco, Frame
  • Property Condition: Excellent
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Common
  • Parking Area:Common2: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Hot Water
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association Fee: 432.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 432.0
  • Financing Info:Association Fee Frequency2: Monthly

Lot Info

  • Lot Size Sq Ft: 3485.0
  • Parcel #: 246511222006
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2124.16
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
Jul 6, 2021
Sold by
Drummond Glenn T and Drummond Genevieve R
Bought by
Farrell David
Seller's Agent
Tim Clark
Aspen Snowmass Sotheby's International Realty - Durant
Buyer's Agent
Kim McKinley
McKinley Home
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Current Estimated Value
$841,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,444
Avg. Annual Appreciation
11.08%
Original Mortgage
$253,000
Outstanding Balance
$229,558
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$611,886

Purchase Details

Listed on
May 28, 2013
Closed on
Aug 12, 2013
Sold by
Pfeifer Jason and Pfeifer Jolaine
Bought by
Drummond Glenn T and Drummond Genevieve R
Seller's Agent
Patty Brendlinger
Coldwell Banker Mason Morse-Carbondale
Buyer's Agent
Rick Griffin
Douglas Elliman Real Estate-SMV
List Price
$255,000
Sold Price
$232,000
Premium/Discount to List
-$23,000
-9.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.89%
Original Mortgage
$185,600
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2008
Sold by
Pfeifer Jan M
Bought by
Pfeifer Jason and Pfeifer Jolaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2005
Sold by
Alciatore Gaston A and Alciatore Nancy
Bought by
Pfeifer Jason and Pfeifer Jolaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
5.79%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Farrell David $525,000 Land Title Guarantee
Drummond Glenn T $232,000 Land Title Guarantee Company
Pfeifer Jason -- Stewart Title
Pfeifer Jason $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrell David $253,000
Previous Owner Drummond Glenn T $185,600
Previous Owner Pfeifer Jason $218,000
Previous Owner Pfeifer Jason $220,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2021 07/06/21 Sold $525,000 -4.5% $465 / Sq Ft
05/22/2021 05/22/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $550,000 +137.1% $488 / Sq Ft
08/12/2013 08/12/13 Sold $232,000 -9.0% $206 / Sq Ft View Prior Sale
06/27/2013 06/27/13 Pending -- -- --
11/07/2012 11/07/12 For Sale $255,000 -- $226 / 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 $3,422 $40,870 -- $40,870
2023 $3,422 $40,870 $0 $40,870
2022 $2,635 $28,970 $0 $28,970
2021 $2,711 $29,800 $0 $29,800
2020 $2,124 $24,230 $0 $24,230
2019 $2,145 $24,230 $0 $24,230
2018 $2,291 $25,510 $0 $25,510
2017 $2,185 $25,510 $0 $25,510
2016 $1,859 $21,370 $0 $21,370
2015 -- $21,370 $0 $21,370
2014 -- $12,700 $0 $12,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tim Clark

    Aspen Snowmass Sotheby's International Realty - Durant

  • K

    Buyer's Agent in 2021

    Kim McKinley

    McKinley Home

    (970) 925-7477

    9 in this area

    27 Total Sales

    Kim McKinley
    Section Image

  • P

    Seller's Agent in 2013

    Patty Brendlinger

    Coldwell Banker Mason Morse-Carbondale

    (970) 379-5484

    6 in this area

    85 Total Sales

    Patty Brendlinger
    Section Image

  • R

    Buyer's Agent in 2013

    Rick Griffin

    Douglas Elliman Real Estate-SMV

See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 169518

Aspen Glenwood MLS

APN: R048946

Colorado Eagle County Basalt 81621

1400 E Valley Rd Unit 116, Basalt, CO

Not Listed for Sale

Condos

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