NOT LISTED FOR SALE

235 Riverside Dr Basalt, CO 81621

Estimated Value: $1,929,000 - $2,977,000

4 Beds
3.5 Baths
2,609 Sq Ft
$965/Sq Ft Est. Value

Last Sold August 24, 2015

Last sale price $1,050,000 $402 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $14,504/month

22 Days on Market

Highlights

  • Green Building
  • Interior Lot
  • Landscaped with Trees
  • Furnished
  • Patio
  • Ceiling Fan

About This Home

As of August 2015

Coveted Downtown Basalt/Riverside Drive location!


This beautiful 4 bedroom, 3.5 bath home has been fully remodeled with high quality finishes. Great open floor plan on the main level. The house is 2609 square feet on 3 levels. Hardwood and carpet flooring.


The oversized, fenced yard (14,593 square foot lot) has many mature

trees. Enjoy entertaining on the new, covered deck. Walk to all of

the best things in Basalt: the river, downtown restaurants, park & pool are just 3 minutes away.


This is a perfect full-time residence! Or you can use it as a second home and reap the benefits of the excellent vacation rental income history. This property is available as a furnished, turn -key home (Listing Broker has a list of inclusions and exclusions).


4th bedroom is non-conforming.

Last Listed By

Stacey McLendon Craft

Happy Real Estate Listed on: 06/08/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,970

Year Built

  • Built in 2010

Lot Details

  • 0.34 Acre Lot
  • Southern Exposure
  • Fenced
  • Interior Lot
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Green Building
  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 246708302014

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include sewer
  • Riverside Meadows Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,970

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Inclusions: Ceiling Fan, Dryer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Riverside Meadows
  • Directions: Midland Avenue, then turn Right at the Barber Shop at the end of Midland. Go over the bridge, turn Left on Riverside Drive.
  • Above Grade Finished Sq Ft: 1756.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2010
  • Tax Parcel Letter: R032944
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • 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: Yes
  • Financing Info:Taxes2: 4970.2
  • Financing Info:Tax Year2: 2014
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 1756.0
  • General Info:LvHtSqFt (Blw Grnd): 853.0
  • Substructure:Finished Basement: Yes
  • Water:Community: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Has Basement: Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 853.0
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2609.0
  • Fireplace:Gas: Yes
  • Style Other: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Interior Lot, Landscaped
  • Construction Type: Wood Siding, Frame
  • Property Condition: Excellent
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car
  • General Info:Garage SqFt: 576.0

Utilities

  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Community
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Interior Lot: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 14593.0
  • Parcel #: 246708302014
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4970.2
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2023
Sold by
Riegel Laura
Bought by
Rhodes Family Revocable Trust
Total Days on Market
22
Current Estimated Value
$2,516,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,824,000
Outstanding Balance
$1,794,550
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$687,784

Purchase Details

Listed on
Jun 8, 2015
Closed on
Aug 24, 2015
Sold by
Hollerbach Eric
Bought by
Riegel Laura
Seller's Agent
Stacey McLendon Craft
Happy Real Estate
Buyer's Agent
Jack Musser
Aspen Snowmass Sotheby's International Realty-Basalt
List Price
$1,195,000
Sold Price
$1,050,000
Premium/Discount to List
-$145,000
-12.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Original Mortgage
$625,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2005
Sold by
Lassalette John M and Lassalette Kristen L
Bought by
Porter Margaret A and Porter Joe A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 26, 1997
Sold by
Cooper Stirling M and Cooper Jody L
Bought by
Lassalette John M and Lassalette Kristen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,600
Interest Rate
7.43%

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 Buyer Sale Price Title Company
Rhodes Family Revocable Trust $2,412,000 Land Title
Riegel Laura $1,050,000 Land Title Guarantee Company
Porter Margaret A $800,000 Stewart Title
Lassalette John M $339,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhodes Family Revocable Trust $1,824,000
Previous Owner Riegel Laura $616,000
Previous Owner Riegel Laura $625,000
Previous Owner Hollerbach Eric $520,000
Previous Owner Porter Joe A $394,193
Previous Owner Porter Joe A $417,000
Previous Owner Porter Margaret A $600,000
Previous Owner Lassalette John M $58,750
Previous Owner Lassalette Kristen L $99,999
Previous Owner Lassalette John M $322,700
Previous Owner Lassalette John M $325,000
Previous Owner Lassalette John M $41,000
Previous Owner Lassalette John M $315,000
Previous Owner Lassalette John M $32,000
Previous Owner Lassalette John M $267,000
Previous Owner Lassalette John M $266,600
Previous Owner Cooper Stirling M $206,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2015 08/24/15 Sold $1,050,000 -12.1% $402 / Sq Ft
06/30/2015 06/30/15 Pending -- -- --
06/08/2015 06/08/15 For Sale $1,195,000 +40.6% $458 / Sq Ft
06/29/2012 06/29/12 Sold $850,000 -20.9% $326 / Sq Ft
05/25/2012 05/25/12 Pending -- -- --
05/23/2011 05/23/11 For Sale $1,075,000 -- $412 / 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 $13,762 $164,790 $58,980 $105,810
2023 $13,762 $164,790 $58,980 $105,810
2022 $7,802 $85,040 $22,590 $62,450
2021 $8,148 $87,490 $23,240 $64,250
2020 $6,534 $72,750 $23,240 $49,510
2019 $6,610 $72,750 $23,240 $49,510
2018 $7,588 $82,320 $21,600 $60,720
2017 $7,257 $82,320 $21,600 $60,720
2016 $7,111 $79,470 $15,920 $63,550
2015 -- $79,470 $15,920 $63,550
2014 -- $59,000 $15,920 $43,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 139427

Aspen Glenwood MLS

APN: R032944