16 Sage Rim Cir Basalt, CO 81621
Estimated Value: $4,657,000 - $7,119,000
4
Beds
3.5
Baths
4,391
Sq Ft
$1,344/Sq Ft
Est. Value
Highlights
- Barn
- Spa
- Green Building
- Horse Property
- 35.03 Acre Lot
- Clubhouse
About This Home
As of December 2016Saddle up your horses and ride, the Wild Wild West is calling your name! There is over 2,000 acres of community land with well-maintained trails and a polo field. Not to mention the thousands of acres of BLM and National Forest lands that are beckoning for you to explore. Situated on 35 acres, this stunning 4 bedroom home has floor-to-ceiling windows that allow the sun to stream in all day long. Spectacular views of Mt. Sopris greet you in every room. Wide plank wood floors, a double-sided wood burning fireplace and chef's kitchen are icing on the cake. Did I mention the newly constructed barn and workshop? Who knew you could have all of this within 30 minutes to Aspen's world class amenities and 15 minutes to Whole Foods. Sopris Mountain Ranch - the Roaring Fork Valley's best kept secret.You may build up to 5750 SF without a TDR. Additional 2500 sf with the purchase of a TDR. You may also build up to 1000 sf ADU with special county review. Warren Palmer was the architect for the house and the barn. You may build up to 5750 SF without a TDR. Additional 2500 sf with the purchase of a TDR. You may also build up to 1000 sf ADU with special county review. Warren Palmer was the architect for the house and the barn.
Last Agent to Sell the Property
Stephanie Lewis
Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA100016793 Listed on: 01/02/2016
Last Buyer's Agent
Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA100025125
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,602
Year Built
- Built in 2003
Lot Details
- 35.03 Acre Lot
- Cul-De-Sac
- South Facing Home
- Southern Exposure
- Fenced
- Gentle Sloping Lot
- Sprinkler System
- Landscaped with Trees
- Property is in excellent condition
Home Design
- Brick or Stone Mason
- Frame Construction
- Metal Roof
- Wood Siding
- Stone Siding
Interior Spaces
- 4,391 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Gas Fireplace
- Window Treatments
- Crawl Space
- Home Security System
- Laundry Room
- Property Views
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Steam Shower
Parking
- 2 Car Garage
- Carport
Outdoor Features
- Spa
- Horse Property
- Patio
- Storage Shed
Utilities
- Radiant Heating System
- Hot Water Heating System
- Propane
- Water Rights Not Included
- Well
- Water Softener
- Septic Tank
- Septic System
- Satellite Dish
Additional Features
- Green Building
- Barn
Listing and Financial Details
- Exclusions: Washer, Dryer
- Assessor Parcel Number 246527301004
Community Details
Overview
- Property has a Home Owners Association
- Association fees include contingency fund, management, insurance, trash, snow removal, ground maintenance
- Sopris Mountain Ranch Subdivision
- On-Site Maintenance
Recreation
- Snow Removal
Additional Features
- Clubhouse
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 2, 2016
Closed on
Dec 21, 2016
Sold by
Richardson James L and Richardson Joanne L
Bought by
Culpepper Cynthia L and Culpepper David S
Seller's Agent
Stephanie Lewis
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Chris Klug
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$3,200,000
Sold Price
$1,740,000
Premium/Discount to List
-$1,460,000
-45.62%
Total Days on Market
292
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,162,443
Avg. Annual Appreciation
12.14%
Original Mortgage
$1,392,000
Outstanding Balance
$1,143,300
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$3,484,989
Purchase Details
Listed on
Jan 2, 2016
Closed on
Dec 19, 2016
Sold by
Richardson Richard L and Richardson Joanne L
Bought by
Culpepper Cynthia L and Culpepper David S
Seller's Agent
Stephanie Lewis
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Chris Klug
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$3,200,000
Sold Price
$1,740,000
Premium/Discount to List
-$1,460,000
-45.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,392,000
Outstanding Balance
$1,143,300
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$3,484,989
Purchase Details
Closed on
Aug 9, 2011
Sold by
Boyle James M and Riordan Maria T
Bought by
Richardson James L and Richardson Jaonne L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,605,000
Interest Rate
4.53%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 1, 2002
Sold by
Boyle James M and Riordan Marta T
Bought by
Boyle James M and Riordan Marta T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.89%
Mortgage Type
Construction
Purchase Details
Closed on
Dec 10, 2001
Sold by
Thomas Gregory N
Bought by
Boyle James M and Riordan Marta T
Similar Homes in Basalt, CO
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Culpepper Cynthia L | $1,740,000 | Stewart Title | |
| Culpepper Cynthia L | -- | None Available | |
| Richardson James L | $2,675,000 | Pct | |
| Boyle James M | -- | -- | |
| Boyle James M | $620,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Culpepper Cynthia L | $1,392,000 | |
| Previous Owner | Richardson James L | $282,000 | |
| Previous Owner | Richardson James L | $40,000 | |
| Previous Owner | Richardson James L | $60,000 | |
| Previous Owner | Richardson James L | $1,590,000 | |
| Previous Owner | Richardson James L | $1,605,000 | |
| Previous Owner | Boyle James M | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/21/2016 12/21/16 | Sold | $1,740,000 | -45.6% | $396 / Sq Ft |
| 10/20/2016 10/20/16 | Pending | -- | -- | -- |
| 01/02/2016 01/02/16 | For Sale | $3,200,000 | -- | $729 / Sq Ft |
Source: Aspen Glenwood MLS
Tax History Compared to Growth
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 | $24,159 | $307,350 | $23,180 | $284,170 |
| 2023 | $24,159 | $313,030 | $23,600 | $289,430 |
| 2022 | $12,021 | $146,740 | $24,330 | $122,410 |
| 2021 | $12,333 | $150,960 | $25,030 | $125,930 |
| 2020 | $13,607 | $173,140 | $39,330 | $133,810 |
| 2019 | $13,607 | $173,140 | $39,330 | $133,810 |
| 2018 | $15,061 | $174,340 | $39,600 | $134,740 |
| 2017 | $14,196 | $188,720 | $55,800 | $132,920 |
| 2016 | $14,878 | $193,790 | $61,690 | $132,100 |
| 2015 | $14,933 | $193,790 | $61,690 | $132,100 |
| 2014 | $13,601 | $185,690 | $57,710 | $127,980 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2016
Stephanie Lewis
Aspen Snowmass Sotheby's International Realty - Hyman Mall
-
Chris Klug
C
Buyer's Agent in 2016
Chris Klug
Aspen Snowmass Sotheby's International Realty - Hyman Mall
(970) 948-7055
121 Total Sales
Map
Source: Aspen Glenwood MLS
MLS Number: 137026
APN: R006985
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