$725,000
SOLD DEC 1, 2014

20526 Highway 82 Basalt, CO 81621

0.78 Acre
$929,487 Price per Acre
33,977 Sq Ft Lot

Recently Sold

26% Below List Price

105 Days on Market

Highlights

  • 0.78 Acre Lot
  • No HOA
  • Level Lot
  • Green Building

About This Lot

As of March 2022

Excellent opportunity to develop prime commercial real estate along HWY 82 in Basalt. High visibility and easy access. Property currently has a 2700sf quonset warehouse that is used for storage. There is also a trailer with two offices and one bathroom on the property which is hooked up to sewer and water. Original Rd to connect to Willits Bend in the near future

Last Agent to Sell the Property

Garret Cerrone

Roaring Fork Realty, LLC Brokerage Phone: (800) 963-7172 Listed on: 06/19/2014

Last Buyer's Agent

Jeff Kelley

RiverStone Real Estate, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,907

Lot Details

  • 0.78 Acre Lot
  • Level Lot
  • Property is zoned Mixed Use

Utilities

  • Electricity To Lot Line
  • Water Rights Not Included

Additional Features

  • Green Building
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 246511100018

Community Details

Overview

  • No Home Owners Association

Recreation

  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$9,907

Lot Details

0

Listing Details

  • Property Sub Type: Commercial Land
  • Prop. Type: Commercial Land
  • Lot Size Acres: 0.78
  • Subdivision Name: None
  • Directions: Take Highway 82 to East Valley Road and go south at stop light. Property is immediately on the left between KOA entrance and Sheldon Drilling.
  • Tax Parcel Letter: R026845
  • Attribution Contact: (800) 963-7172
  • General Info:Zoning2: Mixed Use
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Financing Info:Taxes2: 9906.83
  • Financing Info:Tax Year2: 2013
  • Sanitation:Sewer: Yes
  • Mineral Rights:No2: Yes
  • Lot Description:Flat: Yes
  • Water Rights:None6: Yes
  • Electric:Electric at Property: Yes
  • Gas:Nat Gas at Property: Yes
  • Extras:Out Buidling: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Exterior Features

  • Disclosures: Easements, Leases

Utilities

  • Building Features: Yes
  • Electric: Electric at Property
  • Water Source: Public

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 33977.0
  • Parcel #: 246511100018
  • Zoning: Mixed Use
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9906.83
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2022
Closed on
Mar 16, 2022
Sold by
Loose Cannon Llc
Bought by
Town Of Basalt Colorado
Seller's Agent
FSBO FSBO
FSBO
Buyer's Agent
Ted Borchelt
Aspen Snowmass Sotheby's International Realty-Basalt
List Price
$1,700,000
Sold Price
$1,700,000
Current Estimated Value
$1,518,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$181,051
Avg. Annual Appreciation
-3.62%

Purchase Details

Listed on
Jun 19, 2014
Closed on
Dec 1, 2014
Sold by
Condor Investments Llc
Bought by
Loose Cannon Llc
Seller's Agent
Garret Cerrone
Roaring Fork Realty, LLC
Buyer's Agent
Jeff Kelley
RiverStone Real Estate, LLC
List Price
$975,000
Sold Price
$725,000
Premium/Discount to List
-$250,000
-25.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.40%
Original Mortgage
$616,000
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 23, 2005
Sold by
Burkholder Todd A and Burkholder Deborah R
Bought by
Condor Investments Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $1,700,000 American Land Title
Warranty Deed $725,000 Stewart Title
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 Commercial
Previous Owner $578,000 Commercial
Previous Owner $616,000 Commercial
Previous Owner $34,434 Unknown
Previous Owner $588,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $1,700,000 0.0% --
03/16/2022 03/16/22 For Sale $1,700,000 +134.5% --
01/19/2022 01/19/22 Pending -- -- --
12/01/2014 12/01/14 Sold $725,000 -25.6% --
10/02/2014 10/02/14 Pending -- -- --
06/19/2014 06/19/14 For Sale $975,000 -- --
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 -- $340,630 $189,590 $151,040
2023 $4,112 $340,630 $189,590 $151,040
2022 $4,112 $251,450 $197,060 $54,390
2021 $20,259 $251,460 $197,070 $54,390
2020 $15,946 $207,700 $157,650 $50,050
2019 $16,094 $207,700 $157,650 $50,050
2018 $15,279 $195,300 $137,950 $57,350
2017 $14,467 $195,300 $137,950 $57,350
2016 $11,224 $148,840 $94,590 $54,250
2015 -- $148,840 $94,590 $54,250
2014 $9,729 $135,710 $94,590 $41,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 134844

Aspen Glenwood MLS

APN: R026845