NOT LISTED FOR SALE

159 E Homestead Dr Basalt, CO 81621

Estimated Value: $1,500,876 - $1,635,000

3 Beds
2 Baths
1,610 Sq Ft
$970/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $700,000 $435 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $8,671/month

695 Days on Market

About This Home

As of June 2020

This is the perfect downtown Basalt Victorian-Style home 3 bedroom/2 bath home. Walk to everything that the Historic Town of Basalt has to offer including multiple shops, restaurants, school, library, parks and Rocky Mountain Institute. Located on this exceptionally large homesite, this charming 1898 Victorian home enjoys mature trees and gardens as well as a large storage home with a playroom for the young ones. Bring your imagination and creative talent to improve this property into a modern Victorian home with a location that is second to none.

Last Agent to Sell the Property

Garrett Reuss

Aspen Snowmass Sotheby's International Realty-Snowmass Village Brokerage Phone: (970) 923-2006 License #FA40005762 Listed on: 07/01/2019

Last Buyer's Agent

Doug Leibinger

Compass Aspen License #FA40009481

Compass Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,747

Year Built

  • Built in 1898

Lot Details

  • 7,492 Sq Ft Lot

Parking

  • No Garage

Interior Spaces

  • 1,610 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association
  • Townsite Of Basalt Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246707403012

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,747

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Subdivision Name: Townsite of Basalt
  • Directions: Head down main street in Basalt (aka Midland Avenue). At the edge of Main St./Midland, make a left turn on Homestead. The house is approx. 1,000 yards on the left side of the street.
  • Master Model: No
  • Year Built: 1898
  • Tax Parcel Letter: R026400
  • Attribution Contact: (970) 923-2006
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: Yes
  • Listing Info:REO: No
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 4747.44
  • Financing Info:Tax Year2: 2019
  • Financing Info:HOA Dues YN: No
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1610.0

Garage/Parking

  • Keywords Info:Garage: None

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 7492.0
  • Parcel #: 246707403012
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4747.44
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2019
Closed on
Jun 26, 2020
Sold by
159 Homestead Llc
Bought by
Fraser Rolf Magnus
Seller's Agent
Garrett Reuss
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Buyer's Agent
Doug Leibinger
Compass Aspen
List Price
$825,000
Sold Price
$700,000
Premium/Discount to List
-$125,000
-15.15%
Current Estimated Value
$1,561,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$861,719
Avg. Annual Appreciation
15.65%
Original Mortgage
$665,000
Outstanding Balance
$590,772
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$970,947

Purchase Details

Closed on
Aug 2, 2013
Sold by
Reuss Garrett M and Levitt Jay A
Bought by
159 Homestead Llc

Purchase Details

Closed on
Sep 10, 2009
Sold by
Us Bank National Association
Bought by
Reuss Garrett M and Levitt Jay A

Purchase Details

Closed on
Jun 5, 2009
Sold by
Putman Glen Bradley and Putman Ann Mcintyre
Bought by
Us Bank National Association

Purchase Details

Closed on
Jan 15, 1999
Sold by
Mcintyre Ann T
Bought by
Putman Ann Mcintyre and Putman Glen Bradley

Purchase Details

Closed on
Apr 30, 1976
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
Fraser Rolf Magnus $700,000 Attorneys Title Aspen
159 Homestead Llc -- None Available
Reuss Garrett M $470,000 Chicago Title Co
Us Bank National Association -- None Available
Putman Ann Mcintyre -- --
-- $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fraser Rolf Magnus $665,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2020 06/26/20 Sold $700,000 -15.2% $435 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
06/11/2018 06/11/18 For Sale $825,000 -- $512 / 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 $6,139 $73,510 $15,700 $57,810
2023 $6,139 $73,510 $15,700 $57,810
2022 $5,021 $54,730 $17,100 $37,630
2021 $5,244 $56,300 $17,590 $38,710
2020 $4,693 $52,250 $14,590 $37,660
2019 $4,747 $52,250 $14,590 $37,660
2018 $4,529 $49,130 $14,690 $34,440
2017 $4,331 $49,130 $14,690 $34,440
2016 $3,163 $35,350 $14,810 $20,540
2015 -- $35,350 $14,810 $20,540
2014 $2,741 $32,540 $14,330 $18,210
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Garrett Reuss

    Aspen Snowmass Sotheby's International Realty-Snowmass Village

    (970) 379-3458

    171 Total Sales

    Garrett Reuss
    Section Image

  • D

    Buyer's Agent in 2020

    Doug Leibinger

    Compass Aspen

    (970) 948-0773

    125 Total Sales

    Doug Leibinger
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 154554

Aspen Glenwood MLS

APN: R026400

Colorado Eagle County Basalt 81621

159 E Homestead Dr, Basalt, CO

Not Listed for Sale

Detached

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