NOT LISTED FOR SALE

2003 Arbor Park Dr Unit 1-B Basalt, CO 81621

Estimated Value: $848,417 - $1,658,000

2 Beds
2 Baths
1,460 Sq Ft
$824/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $795,000 $545 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $7,179/month

Highlights

  • Main Floor Primary Bedroom
  • Resident Manager or Management On Site
  • Ceiling Fan
  • Patio
  • Landscaped with Trees
  • Baseboard Heating

About This Home

As of May 2022

A coveted south-facing townhome with a 1-car garage close to downtown Basalt. Two beautiful bedrooms ensuite, plus a big open loft to create an additional happy and bright office or den. The living, dining and kitchen have engineered floors. The primary suite has a walk-in closet, double vanity, soaking tub with separate water closet and shower, with a sliding glass door to a private deck with a gate connecting to a grassy area and walking path. Amazing garage storage with a separate mechanical room. The elementary and middle schools are just a 5 minute walk. You can walk to downtown, via a charming swinging bridge over the river, in less than 10 minutes. The public pool, tennis and basketball courts, bike trail and Arbaney Park playground are on the edge of the neighborhood.

Last Agent to Sell the Property

Leah Moriarty

Aspen Snowmass Sotheby's International Realty-Snowmass Village Brokerage Phone: (970) 923-2006 License #FA1021855 Listed on: 04/13/2022

Co-Listed By

Walker Moriarty

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 923-2006 License #FA.100091248

Last Buyer's Agent

Walker Moriarty

Plus Real Estate License #FA.100091248

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,718

Year Built

  • Built in 1991

Lot Details

  • South Facing Home
  • Southern Exposure
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

HOA Fees

  • $395 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Split Level Home
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,460 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • Exclusions: Microwave
  • Assessor Parcel Number 246717225002

Community Details

Overview

  • Association fees include contingency fund, management, sewer, trash, ground maintenance
  • Arbor Park Subdivision
  • On-Site Maintenance

Pet Policy

  • Only Owners Allowed Pets

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,718

Year Built

Built in 1991

Lot Details

0

HOA Fees

$395 per month

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Co List Office Mls Id: ASSHMA
  • Inclusions: Ceiling Fan, Dryer, Oven, Refrigerator, Washer, Window Coverings, Dishwasher
  • Subdivision Name: Arbor Park
  • Directions: From Aspen, right onto Two Rivers Road @ 1st Basalt light, first right onto Elk Run Drive, left onto Arbor Park Drive, #2003 2nd driveway on left; park in driveway or 3 guest spaces at corner of Arbor Park & Mockingbird Lane.
  • Architectural Style: Split Level
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1991
  • Tax Parcel Letter: R013693
  • Attribution Contact: (970) 923-2006
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: MF
  • General Info:Main Floor Master: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 3.0
  • General Info:Short Termable: No
  • Financing Info:Taxes2: 2718.0
  • Financing Info:Tax Year2: 2021
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • HOA Fees Includes:Management: Yes
  • Miscellaneous:Under Construction3: No
  • Exterior:Vinyl Siding: Yes
  • Electric:Yes: Public
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Trash: Yes
  • General Info:Unit Faces: South
  • Inclusions:Oven: Yes
  • Roof:Metal: Yes
  • Home Performance Programs:Indoor Air Plus: No
  • Style:Split Level: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 4740.0
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1460.0

Exterior Features

  • Lot Features: Landscaped
  • Disclosures: Other
  • Exclusions: Microwave
  • Construction Type: Vinyl Siding, Frame
  • Direction Faces: South
  • Property Condition: Excellent
  • Roof: Metal
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 Car
  • Keywords Info:Garage: 1 Car
  • General Info:Garage SqFt: 273.0
  • Parking Area:_one_ Car2: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Natural Gas, Baseboard
  • Heating Yn: Yes
  • Electric: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner
  • Association Fee: 395.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 395.0
  • Financing Info:Association Fee Frequency2: Monthly
  • HOA Amenities:Pets AllowedOwner: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Contingency Fund, Management, Sewer, Trash, Maintenance Grounds

Lot Info

  • Parcel #: 246717225002
  • Zoning: MF

Tax Info

  • Tax Annual Amount: 2718.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
May 31, 2022
Sold by
Frommer Dorothy
Bought by
Sivess Leandra Rae
Seller's Agent
Leah Moriarty
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Buyer's Agent
Walker Moriarty
Plus Real Estate
List Price
$795,000
Sold Price
$795,000
Current Estimated Value
$1,203,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,104
Avg. Annual Appreciation
13.12%
Original Mortgage
$636,000
Outstanding Balance
$601,179
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$601,925

Purchase Details

Closed on
May 19, 2006
Sold by
Lane Chris R and Lane Diana M
Bought by
Frommer Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.4%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sivess Leandra Rae $795,000 None Listed On Document
Frommer Dorothy $475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sivess Leandra Rae $636,000
Previous Owner Frommer Dorothy $97,500
Previous Owner Frommer Dorothy $100,000
Previous Owner Lane Chris R $174,150
Previous Owner Lane Chris R $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2022 05/31/22 Sold $795,000 0.0% $545 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $795,000 -- $545 / 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 $4,555 $51,930 $12,510 $39,420
2023 $4,555 $55,140 $13,290 $41,850
2022 $2,606 $27,940 $8,690 $19,250
2021 $2,718 $28,750 $8,940 $19,810
2020 $2,990 $32,420 $10,730 $21,690
2019 $2,990 $32,420 $10,730 $21,690
2018 $2,282 $32,640 $10,800 $21,840
2017 $2,174 $24,270 $9,360 $14,910
2016 $2,543 $27,900 $9,550 $18,350
2015 $2,493 $27,900 $9,550 $18,350
2014 $1,989 $23,100 $7,960 $15,140
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 174511

Aspen Glenwood MLS

APN: R013693