NOT LISTED FOR SALE

227 Midland Ave Basalt, CO 81621

Estimated Value: $1,151,756

4 Beds
3 Baths
2,442 Sq Ft
4,966 Sq Ft Lot

Last Sold January 06, 2014

Last sale price $1,750,000 $717 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $8,084/month

17 Days on Market

Highlights

  • River Front
  • Contemporary Architecture
  • Resident Manager or Management On Site
  • Green Building
  • Brick Veneer
  • 4-minute walk to Basalt Lions Park

About This Home

As of January 2014

One of a kind! Sophisticated and sexy four bedroom Penthouse in down town Basalt. Views of river and downtown. Enjoy everything Basalt has to offer right out your door. Exceptional entertaining space and tons of storage.

Last Agent to Sell the Property

Leah Davis

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 Listed on: 10/18/2013

Last Buyer's Agent

Wendy Wogan

Compass Aspen License #FA40021392

Compass Aspen

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,776

Year Built

  • Built in 2002

Lot Details

  • River Front
  • Home has North and South Exposure
  • Property is in excellent condition

Home Design

  • Contemporary Architecture
  • Brick Veneer
  • Frame Construction

Interior Spaces

  • 2,442 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Window Treatments

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Assigned Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Green Building
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 246707449065

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, sewer, water, trash, snow removal, ground maintenance
  • Roaring River Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,776

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Dryer, Freezer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Roaring River
  • Directions: Midland Ave Basalt to river walk condos on right hand side. First building on right.
  • Architectural Style: Contemporary
  • Master Model: No
  • New Construction: No
  • Year Built: 2002
  • Tax Parcel Letter: R057605
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Unfinished SqFt: 352.0
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 1.0
  • Financing Info:Taxes2: 3775.8
  • Financing Info:Tax Year2: 2013
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • HOA Fees Includes:Management: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Sewer2: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • HOA Fees Includes:Water: Yes
  • Extras:Elevator: Yes
  • Unit Faces:North: Yes
  • Unit Faces:South: Yes
  • Cooling:Central AC: Yes
  • Inclusions:Freezer: Yes
  • Exterior:Brick Veneer: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Elevator
  • Living Area: 2442.0
  • Fireplace:Gas: Yes

Exterior Features

  • Waterfront Features: River Front
  • Waterfront: Yes
  • Disclosures: Right of 1st Refusal
  • Construction Type: Brick Veneer, Frame
  • Property Condition: Excellent
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car, Assigned
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes
  • Parking Area:Assigned2: Yes

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:River Frontage: Yes

Fee Information

  • Association Fee Includes: Management, Sewer, Water, Trash, Snow Removal, Maintenance Grounds

Lot Info

  • Parcel #: 246707449065
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 3775.8
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2021
Sold by
Aspen Hope Center
Bought by
Our Hope Center Llc
Current Estimated Value
$1,151,756

Purchase Details

Closed on
Feb 7, 2005
Sold by
Caddis Fly Partners Llc
Bought by
Kruse Family Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,200
Interest Rate
5.85%
Mortgage Type
Commercial
Source: Public Records

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
Our Hope Center Llc -- None Available
Aspen Hope Center $980,000 Land Title Guarantee Company
Kruse Family Holdings Llc $863,900 Stewart Title Of Aspen Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kruse Family Holdings Llc $250,000
Previous Owner Kruse Family Holdings Llc $124,950
Previous Owner Kruse Family Holdings Llc $896,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2014 01/06/14 Sold $1,750,000 0.0% $717 / Sq Ft
11/05/2013 11/05/13 Pending -- -- --
10/18/2013 10/18/13 For Sale $1,750,000 -- $717 / 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 $21,713 $260,010 -- $260,010
2023 $21,713 $260,010 $0 $260,010
2022 $10,666 $116,250 $0 $116,250
2021 $10,827 $116,250 $0 $116,250
2020 $10,728 $119,450 $0 $119,450
2019 $10,853 $119,450 $0 $119,450
2016 $9,428 $105,360 $0 $105,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 131885

Aspen Glenwood MLS

APN: R056932