NOT LISTED FOR SALE

178 Knight Rd Basalt, CO 81621

Estimated Value: $1,920,000 - $2,362,000

4 Beds
3 Baths
4,000 Sq Ft
$528/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $2,000,000 $500 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $12,390/month

148 Days on Market

Highlights

  • Green Building
  • No HOA
  • Views
  • Steam Shower
  • Evaporated cooling system
  • Patio

About This Home

As of July 2022

A true Colorado retreat, perched on a generous hillside lot overlooking gold medal waters, with stunning views in all directions, this private and serene setting is a must see. Featuring 5 bedrooms, No HOA, a separate fully self-sustaining apartment, an oversized two car garage, snowmelt driveway, solar panels, mature trees, all within 5 miles of downtown Basalt. Walk out your back door to experience the coveted Seven Castles hike, an abundance of wildlife and world class fly fishing.

Last Listed By

Sam Augustine

Compass Aspen Brokerage Phone: 970-925-6063 License #FA100074252 Listed on: 01/11/2022

Compass Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,085

Year Built

  • Built in 1989

Lot Details

  • 1.42 Acre Lot
  • Southern Exposure
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in good condition

Parking

  • 2 Car Garage

Home Design

  • Cabin
  • Composition Roof
  • Composition Shingle Roof
  • Metal Roof
  • Log Siding

Interior Spaces

  • 4,000 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Property Views
  • Finished Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Green Building
  • Solar Water Heater

Utilities

  • Evaporated cooling system
  • Radiant Heating System
  • Hot Water Heating System
  • Propane
  • Water Rights Not Included
  • Well
  • Septic Tank
  • Septic System

Additional Features

  • Patio
  • Mineral Rights Excluded

Community Details

  • No Home Owners Association
  • Seven Castles Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246701301009

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,085

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.42
  • Inclusions: Ceiling Fan, Dryer, Oven, Refrigerator, Washer, Range, Microwave, Dishwasher
  • Subdivision Name: Seven Castles
  • Directions: From Basalt, head up Frying Pan Rd 5 miles, .2 miles after mile marker 5, turn left onto Knight Rd. Stay left on Knight Rd, circle around the 2 story log home to the driveway on the right.
  • Architectural Style: Cabin
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1989
  • Tax Parcel Letter: R026710
  • Attribution Contact: 970-925-6063
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: RES
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 4085.0
  • Financing Info:Tax Year2: 2020
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Inclusions:Range: Yes
  • Water Rights:No3: Yes
  • Extras:Lawn Sprinklers: Yes
  • Condition:Good: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Cooling:Evaporative Cooling: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Substructure:Finished Basement: Yes
  • Sanitation:Septic: Yes
  • Inclusions:Oven: Yes
  • Roof:Metal: Yes
  • Extras:Steam Shower: Yes
  • Exterior:Log Siding: Yes
  • Water:Well - Household: Yes
  • Energy Efficiency:Solar Hot Water: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Finished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 4000.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Log Siding, Log
  • Property Condition: Good
  • Roof: Composition, Metal
  • Construction:Log: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes
  • General Info:Garage SqFt: 996.0

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: Evaporative Cooling
  • Cooling Y N: Yes
  • Heating: Radiant, Hot Water
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Well - Household
  • Heating:Radiant: Yes
  • Heating:Hot Water: Yes
  • Gas/Propane: 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

Lot Info

  • Lot Size Sq Ft: 61855.0
  • Parcel #: 246701301009
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4085.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2022
Closed on
Jul 25, 2022
Sold by
Hsiao-Chin Chiu
Bought by
Breuers Angela Garofalo and Breuers Albert Marc
Seller's Agent
Sam Augustine
Compass Aspen
Buyer's Agent
Scott Lasser
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$2,849,000
Sold Price
$2,000,000
Premium/Discount to List
-$849,000
-29.8%
Total Days on Market
148
Current Estimated Value
$2,111,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,836
Avg. Annual Appreciation
5.31%
Original Mortgage
$1,300,000
Outstanding Balance
$1,244,639
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$1,063,743

Purchase Details

Listed on
Jan 11, 2022
Closed on
Jul 12, 2022
Sold by
Berk Steven M
Bought by
Chiu Hsiao-Chin
Seller's Agent
Sam Augustine
Compass Aspen
Buyer's Agent
Scott Lasser
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$2,849,000
Sold Price
$2,000,000
Premium/Discount to List
-$849,000
-29.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Outstanding Balance
$1,244,639
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$1,063,743

Purchase Details

Closed on
Jul 31, 2012
Sold by
Berk Steve
Bought by
Chiu Hsiao Chin

Purchase Details

Closed on
Aug 8, 2007
Sold by
Berk Elizabeth G
Bought by
Berk Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,707
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 28, 2007
Sold by
Nelson Gregg M
Bought by
Nelson Ramona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,707
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 1, 2001
Sold by
Berk Steven M and Berk Elizabeth G
Bought by
Berk Steven M and Berk Elizabeth G

Purchase Details

Closed on
Jun 30, 1978

Range of Values:

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Average Value
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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
Breuers Angela Garofalo $2,000,000 Guaranty Land Title
Chiu Hsiao Chin -- None Available
Chiu Hsiao Chin -- None Available
Berk Steven M -- None Available
Nelson Ramona -- Multiple
Berk Steven M -- --
-- $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garofalo Breuers Angela $200,000
Open Breuers Angela Garofalo $1,300,000
Previous Owner Chiu Hsiao-Chin $400,000
Previous Owner Berk Steven M $300,400
Previous Owner Berk Steven M $182,707
Previous Owner Nelson Ramona $750,000
Previous Owner Berk Steven M $485,000
Previous Owner Berk Steven M $489,600
Previous Owner Berk Steven M $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $2,000,000 -29.8% $500 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $2,849,000 -- $712 / 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 $7,514 $100,940 $36,760 $64,180
2023 $7,514 $100,940 $36,760 $64,180
2022 $4,173 $51,920 $13,900 $38,020
2021 $4,289 $53,420 $14,300 $39,120
2020 $4,086 $53,420 $14,300 $39,120
2019 $4,125 $53,420 $14,300 $39,120
2018 $4,345 $55,740 $14,400 $41,340
2017 $4,114 $55,740 $14,400 $41,340
2016 $3,616 $48,140 $13,930 $34,210
2015 -- $48,140 $13,930 $34,210
2014 $3,281 $45,980 $13,930 $32,050
Source: Public Records

Agents Affiliated with this Home

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Source: Aspen Glenwood MLS

MLS Number: 173299

Aspen Glenwood MLS

APN: R026710