$850,000
SOLD JUN 29, 2012

235 Riverside Dr Basalt, CO 81621

4 Beds
3.5 Baths
2,609 Sq Ft
0.34 Acres

Recently Sold

$326 Per Sq Ft

21% Below List Price

368 Days on Market

Highlights

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

About This Home

As of August 2015

Riverside Drive is perhaps Basalt's most desired address! This wonderful 4 bedroom, 3.5 bath sun-filled home is beautifully maintained, totally remodeled in the Spring of 2011, with an open, spacious floorplan including a tastefully finished downstairs with a private bedroom and bath, featuring a separate entrance from the garage; ideal for the nanny, guests or mother-in-law quarters. This home is less than a 5-minutes walk from the Frying Pan River, downtown Basalt, schools and the pool at Arbaney Park. Enjoy the large fenced sideyard and backyard with a new spacious Trex deck located south facing for year-round sunshine. This property allows for a total of 5000 square feet leaving more than 1100 square feet for expansion possibilities in the side yard while not disturbing the backyard.

Last Agent to Sell the Property

Ted Borchelt

Aspen Snowmass Sotheby's International Realty-Basalt Brokerage Phone: (970) 927-8080 License #FA100004523 Listed on: 05/23/2011

Aspen Snowmass Sotheby's International Realty-Basalt

Co-Listed By

Jana Dillard

Aspen Snowmass Sotheby's International Realty-Snowmass Village Brokerage Phone: (970) 927-8080 License #FA40034016

Last Buyer's Agent

Kelley Burke

Pinnacle Properties & Development License #ER.100006496

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,433

Year Built

  • Built in 1986

Lot Details

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

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Shake Roof
  • Wood Siding

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Heating Available
  • 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

$4,433

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Co List Office Mls Id: asssmva
  • Co List Office Phone: 970-923-2006
  • Inclusions: Ceiling Fan, Dryer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Riverside Meadows
  • Directions: Riverside Drive in Basalt, on right hand side when heading up the street from downtown.
  • Above Grade Finished Sq Ft: 1756.0
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1986
  • Tax Parcel Letter: R032944
  • Attribution Contact: (970) 927-8080
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 3.0
  • General Info:Short Termable: No
  • Financing Info:Taxes2: 4433.16
  • Financing Info:Tax Year2: 2011
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Laundry Facility:Area4: 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
  • Unit Faces:North: Yes
  • General Info:LvHtSqFt (Blw Grnd): 853.0
  • Style:Two Story: Yes
  • Substructure:Finished Basement: Yes
  • Water:Community: Yes
  • Roof:Shake: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 853.0
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 2609.0
  • Fireplace:Gas: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Interior Lot, Landscaped
  • Construction Type: Wood Siding, Frame
  • Property Condition: Excellent
  • Roof: Shake
  • 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: Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Community
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • 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: 4433.16
  • Tax Year: 2011

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
Current Estimated Value
$2,519,165

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
9.06%
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%
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 $2,412,000 Land Title
Warranty Deed $1,050,000 Land Title Guarantee Company
Warranty Deed $800,000 Stewart Title
Warranty Deed $339,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,824,000 New Conventional
Previous Owner $616,000 New Conventional
Previous Owner $625,000 New Conventional
Previous Owner $520,000 New Conventional
Previous Owner $394,193 New Conventional
Previous Owner $417,000 Unknown
Previous Owner $600,000 Fannie Mae Freddie Mac
Previous Owner $58,750 Unknown
Previous Owner $99,999 Credit Line Revolving
Previous Owner $322,700 Unknown
Previous Owner $325,000 Unknown
Previous Owner $41,000 Credit Line Revolving
Previous Owner $315,000 Unknown
Previous Owner $32,000 Credit Line Revolving
Previous Owner $267,000 Unknown
Previous Owner $266,600 No Value Available
Previous Owner $206,900 Unknown
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: 121098

Aspen Glenwood MLS

APN: R032944