$699,900

175 Midland Ave Unit 4 Basalt, CO 81621

Estimated payment $4,451/month

Total Views 101
-- Bed
1 Bath
690 Sq Ft
$1,014 Price per Sq Ft

Highlights

  • Green Building
  • Baseboard Heating
  • Wood Siding
  • Evaporated cooling system
  • South Facing Home
  • 2-minute walk to Basalt Lions Park

About This Home

Prime Live/Work Opportunity in the Heart of Downtown Basalt. Don't miss this rare chance to own a commercial condominium in the vibrant core of downtown Basalt. This versatile two-story unit has been thoughtfully designed for both function and comfort. The upper-level features vaulted ceilings, high windows, and a sliding glass door that floods the space with natural light. Built-in U-shaped cabinetry and drawers provide smart storage, and a swamp cooler ensures a cool, comfortable environment throughout the summer months. A recently remodeled 3/4 bathroom, new paint, and new windows, adds convenience and modern appeal. Recently the Town of Basalt has approved the option to convert the upper floor into a residential unit—creating an exceptional live/work opportunity. Enjoy walking access to world-class restaurants, art studios, music venues, and the renowned Colorado Gold Medal fishing waters. Plus, you're just 17 miles from the slopes of Aspen and Snowmass, making this an ideal base for both business and pleasure.

Listing Agent

Terry Harrington

Aspen Snowmass Sotheby's International Realty-Basalt Brokerage Phone: (970) 927-8080 License #EA335811 Listed on: 06/30/2025

Aspen Snowmass Sotheby's International Realty-Basalt

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,006

Year Built

  • Built in 1982

Lot Details

  • South Facing Home
  • Property is in good condition

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 690 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Microwave

Laundry

  • Laundry in Hall
  • Washer

Utilities

  • Evaporated cooling system
  • Baseboard Heating
  • Natural Gas Not Available
  • Water Rights Not Included

Additional Features

  • Green Building
  • Mineral Rights Excluded

Community Details

  • Association fees include sewer, insurance
  • Frying Pan Inn Condos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246707416008

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,006

Year Built

Built in 1982

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Refrigerator, Washer, Microwave
  • Subdivision Name: Frying Pan Inn Condos
  • Directions: Downtown Basalt, Midland Ave on the Southside of the street between Tempranillo and Aspen Snowmass Sotheby's Int'l Realty office. Walk down the walkway to Unit #4 on the door.
  • Above Grade Finished Sq Ft: 690.0
  • Architectural Style: Two Story
  • Garage Yn: No
  • Master Model: No
  • New Construction: No
  • Year Built: 1982
  • Tax Parcel Letter: R025612
  • Attribution Contact: (970) 927-8080
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Comml/Residential
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • General Info:Short Termable: No
  • Financing Info:Taxes2: 2006.0
  • Financing Info:Tax Year2: 2024
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Water Rights:No3: Yes
  • Miscellaneous:Under Construction3: No
  • Condition:Good: Yes
  • Substructure:Crawl Space: Yes
  • Mineral Rights:No2: Yes
  • Cooling:Evaporative Cooling: Yes
  • Inclusions:Washer: Yes
  • HOA Fees Includes:Insurance: Yes
  • General Info:LvHtSqFt (Abv Grnd): 690.0
  • General Info:Unit Faces: South
  • Style:Two Story: Yes
  • Home Performance Programs:Energy Star Rated: No
  • Exclusions: stained glass window
  • Gas:None3: Yes
  • Laundry Facility:In Hall: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 4800.0
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Crawl Space
  • Three Quarter Bathrooms: 1
  • Living Area: 690.0

Exterior Features

  • Construction Type: Wood Siding, Frame
  • Direction Faces: South
  • Property Condition: Good
  • Construction:Frame: Yes

Garage/Parking

  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: In Hall
  • Building Features: Yes
  • Cooling: Evaporative Cooling
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 1200.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 1200.0
  • Financing Info:Association Fee Frequency2: Quarterly

Fee Information

  • Association Fee Includes: Sewer, Insurance

Lot Info

  • Parcel #: 246707416008
  • Zoning: Comml/Residential

Tax Info

  • Tax Annual Amount: 2006.0
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,951 $23,360 -- $23,360
2023 $1,951 $23,360 $0 $23,360
2022 $2,289 $24,950 $0 $24,950
2021 $2,324 $24,950 $0 $24,950
2020 $2,474 $27,550 $0 $27,550
2019 $2,503 $27,550 $0 $27,550
2018 $2,490 $27,010 $0 $27,010
2017 $2,381 $27,010 $0 $27,010
2016 $4,107 $45,900 $0 $45,900
2015 -- $45,900 $0 $45,900
2014 -- $41,820 $0 $41,820
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 For Sale $699,900 -- $1,014 / Sq Ft
Source: Aspen Glenwood MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $150,000 Stewart Title
Warranty Deed $250,000 None Available
Special Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $375,000 Commercial
Previous Owner $110,000 Commercial
Source: Public Records

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Source: Aspen Glenwood MLS

MLS Number: 188999

Aspen Glenwood MLS

APN: R025612