NOT LISTED FOR SALE

16 Sage Rim Cir Basalt, CO 81621

Estimated Value: $3,945,000 - $7,252,000

4 Beds
3.5 Baths
4,391 Sq Ft
$1,267/Sq Ft Est. Value

Last Sold December 21, 2016

Last sale price $1,740,000 $396 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $31,391/month

292 Days on Market

Highlights

  • Barn
  • Spa
  • Green Building
  • Horse Property
  • 35.03 Acre Lot
  • Clubhouse

About This Home

As of December 2016

Saddle 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

Chris Klug

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,602

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 35.03
  • Inclusions: Ceiling Fan, Refrigerator, Window Coverings, Water Softener, Satellite Dish, Range, Dishwasher
  • Subdivision Name: Sopris Mountain Ranch
  • Directions: Sopris Creek Rd to West Sopris Creek Rd, (L) at the second entrance to Sopris Mountain Ranch. (L) on Sage Rim Circle, house is on the left. Goto: 16sagerim.com for the video
  • Above Grade Finished Sq Ft: 4391.0
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2003
  • Tax Parcel Letter: R006985
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: residential
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 13602.0
  • Financing Info:Tax Year2: 2013
  • Extras:Hot TubSpa: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Inclusions:Dishwasher: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Lawn Sprinklers: Yes
  • HOA Fees Includes:Management: Yes
  • Substructure:Crawl Space: Yes
  • Extras:Fence: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • General Info:LvHtSqFt (Abv Grnd): 4391.0
  • Inclusions:Water Softener: Yes
  • Unit Faces:South: Yes
  • Style:Two Story: Yes
  • Sanitation:Septic: Yes
  • Roof:Metal: Yes
  • Extras:Steam Shower: Yes
  • Extras:Softener: Yes
  • Inclusions:Satellite Dish: Yes
  • Extras:Storage Shed: Yes
  • Water:Well - Domestic: Yes
  • Extras:Barn or Corral: Yes
  • Carport:_one_ Car: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Living Area: 4391.0
  • Fireplace:Gas: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cul-De-Sac, Landscaped
  • Exclusions: Washer, Dryer
  • Construction Type: Wood Siding, Stone Veneer, Stone, Frame
  • Property Condition: Excellent
  • Roof: Metal
  • Construction:Frame: Yes
  • Construction:Stone: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes
  • General Info:Garage SqFt: 576.0

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Building Features: Yes
  • Heating: Radiant, Hot Water
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Well
  • Heating:Radiant: Yes
  • Heating:Hot Water: Yes
  • Gas/Propane: Yes

Condo/Co-op/Association

  • Amenities: Management, Clubhouse
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • HOA Amenities:Management2: Yes
  • Location Amenities:Cul-de-Sac: Yes
  • HOA Amenities:Club House: Yes
  • Location Amenities:Horse Property: Yes

Fee Information

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

Lot Info

  • Lot Size Sq Ft: 1525907.0
  • Parcel #: 246527301004
  • Zoning: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13602.0
  • Tax Year: 2013

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%
Current Estimated Value
$5,562,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,822,980
Avg. Annual Appreciation
11.82%
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
Source: Public Records

Range of Values:

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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
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

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 $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

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Map

Source: Aspen Glenwood MLS

MLS Number: 137026

Aspen Glenwood MLS

APN: R006985