$1,250,000
SOLD AUG 29, 2022

217 Overlook Ridge Basalt, CO 81621

3 Beds
2.5 Baths
2,605 Sq Ft
$545/mo HOA Fee

Recently Sold

$480 Per Sq Ft

26% Below List Price

92 Days on Market

Highlights

  • Contemporary Architecture
  • Patio
  • Laundry Room
  • Views
  • Resident Manager or Management On Site
  • Landscaped with Trees

About This Home

As of August 2022

Excellent location across from Whole Foods and walking distance to the new Tree Farm development/restaurants, shops, and only a 20 minute drive to the slopes in Aspen/Snowmass! This luxury townhome boasts 3 bed/3 bath plus extra living room/large den that can be used as an enormous 4th bedroom, 2 car garage, mountain views, decks, fenced yard, modern finishes, fireplace, and spacious closets. Turnkey and lock-and-leave!

Last Agent to Sell the Property

Savannah Huebsch

Aspen Snowmass Sotheby's International Realty-Willits Brokerage Phone: (970) 927-8080 License #FA.100052878 Listed on: 05/09/2022

Last Buyer's Agent

Sam Augustine

Compass Aspen License #FA100074252

Compass Aspen

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,084

Year Built

  • Built in 2016

Lot Details

  • Southern Exposure
  • Landscaped with Trees
  • Property is in excellent condition

HOA Fees

  • $545 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,605 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Walk-Out Basement
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 246503122010

Community Details

Overview

  • Association fees include contingency fund, management, sewer, insurance, trash, snow removal, ground maintenance
  • Shadowrock Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,084

Year Built

Built in 2016

Lot Details

0

HOA Fees

$545 per month

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Inclusions: Ceiling Fan, Dryer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Shadowrock
  • Directions: Travelong west on 82, right at the Willits light, Left on Shadowrock Dr., Right on Overlook Ridge, property is on the left.
  • Architectural Style: Contemporary
  • Master Model: No
  • New Construction: No
  • Year Built: 2016
  • Tax Parcel Letter: R065754
  • Attribution Contact: (970) 927-8080
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: PUD
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 5084.0
  • Financing Info:Tax Year2: 2021
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Extras:Cable TV: Yes
  • HOA Fees Includes:Management: Yes
  • Roof:Composition Shingles: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • Substructure:Walkout: Yes
  • Cooling:Central AC: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 6540.0
  • Special Features: None

Interior Features

  • Has Basement: Walk-Out Access
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2605.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Concrete, Frame
  • Property Condition: Excellent
  • Roof: Composition
  • Construction:Frame: Yes
  • Construction:Poured Concrete: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Pets Allowed/Renter
  • Association Fee: 1635.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 1635.0
  • Financing Info:Association Fee Frequency2: Quarterly
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

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

Lot Info

  • Parcel #: 246503122010
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 5084.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Aug 23, 2022
Sold by
130 Knollwood Drive Llc
Bought by
Majestic Valley Llc
Seller's Agent
Savannah Huebsch
Aspen Snowmass Sotheby's International Realty-Willits
Buyer's Agent
Sam Augustine
Compass Aspen
List Price
$1,688,000
Sold Price
$1,250,000
Premium/Discount to List
-$438,000
-25.95%
Current Estimated Value
$1,568,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,304
Avg. Annual Appreciation
7.75%

Purchase Details

Closed on
Mar 11, 2022
Sold by
Lutzkanin Cathleen L
Bought by
Board Of County Commissioners

Purchase Details

Listed on
Jun 21, 2020
Closed on
Sep 15, 2020
Sold by
Austin Josh and Austin Ranee
Bought by
Lutzkanin Cathleen L and Lutzkanin John P
Seller's Agent
Blake Appleby
Compass Aspen
Buyer's Agent
Sally Shiekman
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$885,000
Sold Price
$865,000
Premium/Discount to List
-$20,000
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.70%
Original Mortgage
$445,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2017
Sold by
Shadowrock At Aspen Developmnet Llc
Bought by
Austin Josh and Austin Ranee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,500
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Special Warranty Deed $1,250,000 New Title Company Name
Special Warranty Deed $590,679 None Listed On Document
Special Warranty Deed $865,000 Title Company Of The Rockies
Special Warranty Deed $774,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $445,000 New Conventional
Previous Owner $100,000 Future Advance Clause Open End Mortgage
Previous Owner $200,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $580,500 Future Advance Clause Open End Mortgage
Previous Owner $38,700 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Sold $1,250,000 -25.9% $480 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
05/08/2022 05/08/22 For Sale $1,688,000 +95.1% $648 / Sq Ft
09/15/2020 09/15/20 Sold $865,000 -2.3% $332 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
06/21/2020 06/21/20 For Sale $885,000 -- $340 / 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 $5,824 $78,020 $10,230 $67,790
2023 $5,824 $78,020 $10,230 $67,790
2022 $4,230 $61,340 $7,330 $54,010
2021 $5,085 $63,110 $7,540 $55,570
2020 $4,216 $54,910 $6,560 $48,350
2019 $4,255 $54,910 $6,560 $48,350
2018 $4,344 $55,520 $6,630 $48,890
2017 $4,113 $55,520 $6,630 $48,890
2016 $1,946 $25,810 $480 $25,330
2015 -- $2,070 $480 $1,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 174891

Aspen Glenwood MLS

APN: R065754