NOT LISTED FOR SALE

15575 Frying Pan Rd Basalt, CO 81621

Estimated Value: $1,325,249 - $2,235,000

3 Beds
2 Baths
1,687 Sq Ft
$1,126/Sq Ft Est. Value

Last Sold July 13, 2018

Last sale price $900,000 $533 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $11,240/month

1,021 Days on Market

Highlights

  • Horse Property
  • Green Building
  • No HOA
  • 38.6 Acre Lot
  • Lake, Pond or Stream
  • Views

About This Home

As of July 2018

A true Rocky Mountain Escape! 38+ acres adjacent to the Ruedi Reservoir. This property is ready to build your dream home on. Tremendous views of the lake and surrounding mountains. Unlimited recreational activities including boating, fishing, sailing, water skiing, biking, hiking or just relaxing! Easy access on paved roads. Just 15 mil to charming Basalt. 37 miles to Aspen...but it feels like a million miles away from it all. like new existing 3 br, 2 ba modular home, allows you to enjoy the property today while you are planning for your dream home tomorrow.

Last Agent to Sell the Property

Eric Cohen

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA40015466 Listed on: 07/03/2015

Last Buyer's Agent

Jeff Kelley

RiverStone Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,993

Year Built

  • Built in 2009

Lot Details

  • 38.6 Acre Lot
  • Home has sun exposure from multiple directions
  • Southern Exposure
  • Lot Has A Rolling Slope
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • No Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,687 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Crawl Space
  • Property Views

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Green Building

Outdoor Features

  • Lake, Pond or Stream
  • Horse Property
  • Patio
  • Storage Shed
  • Outbuilding

Utilities

  • Forced Air Heating System
  • Irrigation Well
  • Well
  • Septic Tank
  • Septic System
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 247106400020

Community Details

Overview

  • No Home Owners Association
  • Property is near a preserve or public land

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,993

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 38.6
  • Inclusions: Ceiling Fan, Dryer, Washer, Window Coverings, Satellite Dish, Range, Dishwasher
  • Subdivision Name: None
  • Directions: 15.5 miles up Frying Pan Rd. From Basalt 1 mile past boat launch. First driveway on the left after Ruedi Shores.
  • Architectural Style: Ranch
  • Master Model: Other
  • New Construction: No
  • Year Built: 2009
  • Tax Parcel Letter: R042270
  • Attribution Contact: (970) 925-6060
  • Keywords Info:Pre-Fabricated Home: Other
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: No
  • Listing Info:REO: No
  • General Info:Levels: 1.0
  • Extras:PatioDeck: Yes
  • Laundry Facility:Area4: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Style:Ranch: Yes
  • Exterior:Vinyl Siding: Yes
  • Substructure:Crawl Space: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Unit Faces:East: Yes
  • Unit Faces:South: Yes
  • Unit Faces:West: Yes
  • Sanitation:Septic: Yes
  • Extras:Outbuildings: Yes
  • Inclusions:Satellite Dish: Yes
  • Extras:Storage Shed: Yes
  • Water:Well - Domestic: Yes
  • Water:Well - Irrigation: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1687.0

Exterior Features

  • Construction Type: Other, Vinyl Siding
  • Other Structures: Outbuilding
  • Property Condition: Excellent
  • Construction:Other6: Yes

Garage/Parking

  • Keywords Info:Garage: None

Utilities

  • Building Features: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well - Irrigation, Well
  • Heating:Forced Air: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Rolling Topo: Yes
  • Location Amenities:Borders Public Land: Yes
  • Location Amenities:Horse Property: Yes
  • Location Amenities:Pond Stream Lake: Yes

Lot Info

  • Lot Size Sq Ft: 1680980.0
  • Parcel #: 247106400020
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2015
Closed on
Jul 13, 2018
Sold by
Grumbacher Matthew R
Bought by
T J Dearmon Llc
Seller's Agent
Eric Cohen
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Jeff Kelley
RiverStone Real Estate, LLC
List Price
$2,950,000
Sold Price
$900,000
Premium/Discount to List
-$2,050,000
-69.49%
Current Estimated Value
$1,899,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$999,562
Avg. Annual Appreciation
10.49%

Purchase Details

Closed on
Jul 13, 2011
Sold by
Grumbacher Matthew R
Bought by
T J Dearmon Llc

Purchase Details

Closed on
Mar 20, 2009
Sold by
F W Ranch Lp
Bought by
Grumbacher Matthew R

Purchase Details

Closed on
Mar 19, 2009
Sold by
Grumbacher M Thomas and Grumbacher Nancy T
Bought by
Grumbacher Matthew R

Purchase Details

Closed on
Sep 22, 2005
Sold by
Stephanie Costello Trust
Bought by
F W Ranch Lp

Purchase Details

Closed on
Apr 20, 1999
Sold by
Costello Stephanie A
Bought by
Stephanie Costello Trust

Purchase Details

Closed on
Oct 4, 1994
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 Buyer Sale Price Title Company
T J Dearmon Llc -- None Available
T J Dearmon Llc $900,000 Title Co Of The Rockies
Grumbacher Matthew R -- None Available
Grumbacher Matthew R -- None Available
F W Ranch Lp $675,000 Land Title Guarantee Company
Stephanie Costello Trust -- --
-- $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclelland Robert $35,111
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2018 07/13/18 Sold $900,000 -69.5% $533 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
07/03/2015 07/03/15 For Sale $2,950,000 -- $1,749 / 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 $8,993 $120,810 $94,620 $26,190
2023 $8,993 $120,810 $94,620 $26,190
2022 $4,881 $60,730 $44,710 $16,020
2021 $5,017 $62,480 $46,000 $16,480
2020 $4,737 $61,930 $46,000 $15,930
2019 $4,782 $61,930 $46,000 $15,930
2018 $4,675 $59,980 $46,320 $13,660
2017 $14,777 $200,230 $186,570 $13,660
2016 $4,575 $60,910 $49,450 $11,460
2015 -- $60,910 $49,450 $11,460
2014 $3,472 $48,650 $33,550 $15,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 139891

Aspen Glenwood MLS

APN: R042270