NOT LISTED FOR SALE

1631 Emma Rd Basalt, CO 81621

Estimated Value: $3,782,315 - $4,843,000

5 Beds
3 Baths
3,994 Sq Ft
$1,049/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $3,500,000 $876 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $25,144/month

57 Days on Market

Highlights

  • Newly Remodeled
  • Lake, Pond or Stream
  • No HOA
  • River Front
  • Main Floor Primary Bedroom
  • Views

About This Home

As of October 2021

A rare find in Basalt, Colorado. This property consists of 4.5 acres on the Roaring Fork River. Ownership of both sides of the river gives you exclusive access to world class fly fishing! A pond, gazebo, fire pit, stone lined stream and waterfall are some of the luxuries you enjoy here. There are stone pathways down to numerous decks and picnic benches. Keep your collection of wines in a custom river rock 750 bottle wine cellar. This home was newly remodeled in 2020 and consists of 5 bedrooms, 3 baths, movie theater plus a bonus family room with a wet bar. The location is perfectly situated between downtown Basalt and Willits. Enjoy a bike ride on the Rio Grande to your favorite restaurants and shops. **Continue to show property**

Last Agent to Sell the Property

Susan Stone-Chen

SSC & Company llc Brokerage Phone: (970) 925-7000 License #FA.100067603 Listed on: 07/25/2021

Co-Listed By

Simon Chen

SSC & Company llc Brokerage Phone: (970) 925-7000 License #FA.100084060

Last Buyer's Agent

Chris Striefel

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #ER40026597

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,216

Year Built

  • Built in 1993 | Newly Remodeled

Lot Details

  • 4 Acre Lot
  • River Front
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • No Garage

Home Design

  • Composition Roof
  • Composition Shingle Roof

Interior Spaces

  • 3,994 Sq Ft Home
  • 2-Story Property
  • Walk-Out Basement
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

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

Outdoor Features

  • Lake, Pond or Stream
  • Patio

Utilities

  • Central Air
  • Water Softener

Community Details

  • No Home Owners Association
  • Emma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246512300012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,216

Year Built

Built in 1993 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.0
  • Co List Office Mls Id: CBMMAspen
  • Co List Office Phone: 970-925-7000
  • Inclusions: Water Softener
  • Subdivision Name: Emma
  • Directions: Heading west on 82, turn right on Emma Spur Rd. House will be on your left.
  • Architectural Style: Two Story
  • Master Model: No
  • New Construction: Yes
  • Year Built: 1993
  • Tax Parcel Letter: R014120
  • Attribution Contact: (970) 925-7000
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: Yes
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Condition:New: Yes
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 2215.76
  • Financing Info:Tax Year2: 2019
  • Extras:PatioDeck: Yes
  • Condition:Excellent: Yes
  • Roof:Composition Shingles: Yes
  • Inclusions:Water Softener: Yes
  • Style:Two Story: Yes
  • Substructure:Walkout: Yes
  • Cooling:Central AC: Yes
  • Cooling:AC: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: NewHome

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 3994.0

Exterior Features

  • Waterfront Features: River Front
  • Waterfront: Yes
  • Property Condition: Excellent, New Construction
  • Roof: Composition

Garage/Parking

  • Keywords Info:Garage: None

Utilities

  • Laundry Features: Inside
  • Cooling: A/C, Central Air
  • Cooling Y N: Yes
  • Utilities: Natural Gas Available

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:River Frontage: Yes
  • Location Amenities:Pond Stream Lake: Yes

Lot Info

  • Lot Size Sq Ft: 174240.0
  • Parcel #: 246512300012
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2215.76
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2025
Sold by
Zinc Financial Inc
Bought by
Basalt Bungalow Llc
Total Days on Market
57
Current Estimated Value
$4,191,329

Purchase Details

Closed on
Jan 23, 2025
Sold by
Toth Griselda
Bought by
Zinc Financial Inc

Purchase Details

Listed on
Jul 25, 2021
Closed on
Oct 7, 2021
Sold by
Raife David
Bought by
Toth Stefan
Seller's Agent
Susan Stone-Chen
SSC & Company llc
Buyer's Agent
Chris Striefel
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$3,500,000
Sold Price
$3,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%
Original Mortgage
$2,625,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2021
Closed on
Sep 30, 2021
Sold by
Raife David P
Bought by
V & V Residence Trust
Seller's Agent
Susan Stone-Chen
SSC & Company llc
Buyer's Agent
Chris Striefel
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$3,500,000
Sold Price
$3,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,625,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2015
Sold by
Raife David Po and Raife Kathryn
Bought by
Raife David P

Purchase Details

Closed on
Mar 18, 2008
Sold by
Raife David P
Bought by
Raife David P and Raife Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 2004
Sold by
Shapkin Elizabeth
Bought by
Raife David P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2001
Sold by
Hageland Martin I
Bought by
Shapkin Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.18%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Basalt Bungalow Llc $4,100,000 None Listed On Document
Zinc Financial Inc $3,655,000 None Listed On Document
Toth Stefan -- None Available
V & V Residence Trust $3,500,000 New Title Company Name
Raife David P -- None Available
Raife David P -- Fahtco
Raife David P $750,000 Stewart Title Of Aspen Inc
Shapkin Elizabeth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toth $3,655,000
Previous Owner Toth Stefan $2,625,000
Previous Owner V & V Residence Trust $2,625,000
Previous Owner V & V Residence Trust $0
Previous Owner V & V Residence Trust $2,625,000
Previous Owner Raife David P $500,000
Previous Owner Raife David P $500,000
Previous Owner Raife David P $2,168,000
Previous Owner Raife David P $850,000
Previous Owner Raife Kathryn $100,000
Previous Owner Raife David P $1,100,000
Previous Owner Raife David P $255,450
Previous Owner Raife David P $160,000
Previous Owner Raife David P $600,000
Previous Owner Raife David P $600,000
Previous Owner Shapkin Elizabeth $650,000
Previous Owner Shapkin Elizabeth $250,000
Previous Owner Hageland Martin I $109,000
Closed Raife David P $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $3,500,000 0.0% $876 / Sq Ft
07/25/2021 07/25/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $3,500,000 -- $876 / 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 $19,389 $246,670 $9,240 $237,430
2023 $19,389 $251,770 $9,430 $242,340
2022 $7,314 $89,290 $9,040 $80,250
2021 $7,505 $91,860 $9,300 $82,560
2020 $6,053 $77,020 $9,300 $67,720
2019 $3,385 $43,070 $9,300 $33,770
2018 $3,413 $43,370 $9,360 $34,010
2017 $3,217 $42,770 $9,360 $33,410
2016 $3,353 $43,670 $9,550 $34,120
2015 $3,365 $43,670 $9,550 $34,120
2014 $2,602 $35,520 $7,960 $27,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 170192

Aspen Glenwood MLS

APN: R014120