$1,600,000
SOLD MAY 25, 2023

22860 Two Rivers Rd Unit The River Lofts 370 Basalt, CO 81621

2 Beds
2 Baths
1,046 Sq Ft
$572/mo HOA Fee

Recently Sold

$1,530 Per Sq Ft

10% Above List Price

20 Days on Market

Highlights

  • Under Construction
  • Solar Power System
  • Ski Lockers
  • River Front
  • LEED For Homes
  • Contemporary Architecture

About This Home

As of June 2024

Introducing The River Lofts - an exciting, new mixed-use building located in the coveted Basalt River Park neighborhood along the Roaring Fork river. Six riverfront studios and two 2-bedroom condominiums - each with a large south-facing deck overlooking the park and river, partially covered parking, and private storage units. Residence #370 boasts a corner location on the third floor with a 251sf deck. Modern interiors featuring hardwood floors, stone surfaces, and Bosch appliances. LEED-certified building. Occupancy Mid-Winter 2022/23. NOTE: Must be occupied as a primary residence, per the ''Resident Occupied'' deed restriction.

Last Agent to Sell the Property

Tara Turner

Aspen Snowmass Sotheby's International Realty-Snowmass Village Brokerage Phone: (970) 923-2006 License #FA40015737 Listed on: 12/17/2021

Co-Listed By

Cory Didier

Aspen Snowmass Sotheby's International Realty-Snowmass Village Brokerage Phone: (970) 923-2006 License #FA100002037

Last Buyer's Agent

Michael Latousek

Douglas Elliman Real Estate-Hyman Ave License #FA40018732

Douglas Elliman Real Estate-Hyman Ave

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • River Front
  • South Facing Home
  • Southern Exposure
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees

HOA Fees

  • $572 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Veneer
  • Slab Foundation
  • Frame Construction
  • Membrane Roofing
  • Metal Roof
  • Metal Siding
  • Cement Board or Planked

Interior Spaces

  • 1,046 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Low Emissivity Windows
  • Property Views

Kitchen

  • <<OvenToken>>
  • Stove
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Low Flow Toliet

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • 2 Car Parking Spaces
  • Assigned Parking

Eco-Friendly Details

  • LEED For Homes
  • Green Building
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • ENERGY STAR/CFL/LED Lights
  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish
  • Solar Power System
  • Solar Heating System

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Natural Gas Not Available
  • Water Rights Not Included
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 246707472009

Community Details

Overview

  • Association fees include contingency fund, management, sewer, insurance, trash, snow removal, ground maintenance
  • Basalt River Park Subdivision
  • On-Site Maintenance
  • Electric Vehicle Charging Station

Recreation

  • Ski Lockers
  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$11

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$572 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: asssmva
  • Co List Office Phone: 970-923-2006
  • Inclusions: Ceiling Fan, Dryer, Oven, Refrigerator, Washer, Stove Top, Microwave, Dishwasher
  • Subdivision Name: Basalt River Park
  • Directions: The River Lofts is located in the new Basalt River Park neighborhood currently under construction on Two Rivers Road.
  • Above Grade Finished Sq Ft: 1046.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: Yes
  • Efficiency: Lighting
  • Year Built: 2023
  • Tax Parcel Letter: R068734
  • 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
  • Condition:New: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 1.0
  • General Info:Short Termable: No
  • Financing Info:Tax Year2: 2021
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Substructure:Slab: Yes
  • Roof:Membrane: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • HOA Fees Includes:Management: Yes
  • Miscellaneous:Under Construction3: Yes
  • Electric:Yes: Private
  • Mineral Rights:No2: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • General Info:LvHtSqFt (Abv Grnd): 1046.0
  • Extras:Elevator: Yes
  • General Info:Unit Faces: South
  • Inclusions:Oven: Yes
  • Water Efficiency:Low Flow Toilets: Yes
  • Inclusions:Stove Top: Yes
  • Exterior:Cement Board: Yes
  • Exterior:Metal2: Yes
  • Cooling:AC: Yes
  • Energy Efficiency:CFL or LED Lighting: Yes
  • Energy Efficiency:Low Emissivity Windows: Yes
  • Energy Efficiency:Solar PV: Yes
  • Home Performance Programs:Leed for Homes: Leed Certified
  • Energy Efficiency:High R Insulation: Yes
  • Energy Efficiency:Progrmble Thermostat: Yes
  • Exterior:Brick Veneer: Yes
  • Gas:None3: Yes
  • Extras:Electric Vehicle Hook-Up: Yes
  • Water Efficiency:Low Flow Wtr Fixture: Yes
  • Indoor Air Quality:Low or No VOC Paint: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 6864.0
  • Special Features: NewHome

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator
  • Living Area: 1046.0
  • Window Features: Low Emissivity Windows

Exterior Features

  • Lot Features: Landscaped
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Disclosures: Deed Restrict, Seller Lic RE Agent
  • Construction Type: Cement Board, Brick Veneer, Frame
  • Direction Faces: South
  • Foundation Details: Slab
  • Property Condition: New Construction
  • Roof: Metal, Membrane
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car, Assigned, Electric Vehicle Charging Station(s)
  • Keywords Info:Garage: None
  • Parking Area:_two_ Car2: Yes
  • Parking Area:Assigned2: Yes

Utilities

  • Building Features: Yes
  • Cooling: A/C
  • Cooling Y N: Yes
  • Heating: Solar, Forced Air
  • Heating Yn: Yes
  • Electric: Yes
  • Utilities: Cable Available
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Solar: Yes
  • Heating Cooling:Tankless Hot Water: Yes

Condo/Co-op/Association

  • Amenities: Locker Ski Storage, Pets Allowed/Owner, Pets Allowed/Renter
  • Association Fee: 572.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 572.0
  • Financing Info:Association Fee Frequency2: Monthly
  • Location Amenities:Gentle Topo: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • HOA Amenities:Locker Ski Storage: Yes
  • Location Amenities:River Frontage: Yes

Fee Information

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

Green Features

  • Green Water Conservation: Low Flow Wtr Fixture, Low Flow Toilets

Lot Info

  • Parcel #: 246707472009
  • Zoning: MF

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Jun 3, 2024
Sold by
Gavin John P and Gavin Diane R
Bought by
Charla Brown Revocable Trust and Robert Lee Burnett Revocable Trust
Seller's Agent
Michael Latousek
Douglas Elliman Real Estate-Hyman Ave
Buyer's Agent
James Cardamone
Coldwell Banker Mason Morse-Aspen
List Price
$3,000,000
Sold Price
$3,000,000
Views
43
Current Estimated Value
$2,277,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$722,945
Avg. Annual Appreciation
-13.72%
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 $3,000,000 Land Title Guarantee
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $3,000,000 0.0% $2,868 / Sq Ft
09/28/2023 09/28/23 For Sale $3,000,000 +87.5% $2,868 / Sq Ft
05/25/2023 05/25/23 Sold $1,600,000 +10.5% $1,530 / Sq Ft
01/07/2022 01/07/22 Pending -- -- --
12/17/2021 12/17/21 For Sale $1,448,000 -- $1,384 / 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 $11 $103,510 -- $103,510
2023 $11 $130 -- $130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 173129

Aspen Glenwood MLS

APN: R069192