NOT LISTED FOR SALE

254 E Homestead Dr Basalt, CO 81621

Estimated Value: $1,624,000 - $1,858,000

2 Beds
2 Baths
1,467 Sq Ft
$1,213/Sq Ft Est. Value

Last Sold February 09, 2023

Last sale price $1,445,000 $985 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $9,991/month

58 Days on Market

Highlights

  • Furnished
  • Patio
  • Forced Air Heating System
  • Views
  • Landscaped with Trees
  • Laundry Facilities

About This Home

As of February 2023

Walk to everything in Basalt. Move-in ready, fully furnished. A flat yard offers a private space for entertaining. Perfect for a variety of rental possibilities for out of town owners. Basalt is transforming into a haven for sophisticated town center. Local beautification projects are progressing to transform Basalt into an updated version of its historical past. This home is minutes to Willits markets, Gold Medal fly-fishing on 2 rivers, hiking and the Roaring Fork Club.

Last Agent to Sell the Property

Ann Abernethy

Christie's International Real Estate Aspen Snowmass Brokerage Phone: 970-925-6063 License #FA.100068228 Listed on: 12/22/2022

Christie's International Real Estate Aspen Snowmass

Last Buyer's Agent

Sally Shiekman

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA1317921

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,736

Year Built

  • Built in 1903

Lot Details

  • 0.39 Acre Lot
  • Southern Exposure
  • Fenced
  • Landscaped with Trees
  • Property is in good condition
  • Property is zoned R3

Home Design

  • Cabin
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,467 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Property Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport

Outdoor Features

  • Patio
  • Storage Shed
  • Outbuilding

Location

  • Mineral Rights Excluded

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 246707402017

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include sewer
  • Townsite Of Basalt Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,736

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.39
  • Inclusions: Dryer, Refrigerator, Washer, Range, Dishwasher
  • Subdivision Name: Townsite of Basalt
  • Directions: Downtown Basalt, Midland Avenue towards the Frying Pan. Left on Homestead. Driveway borders the Barber Shop. Yellow house on the hill.
  • Above Grade Finished Sq Ft: 1467.0
  • Architectural Style: Cabin
  • Carport Y N: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1903
  • Tax Parcel Letter: R025430
  • Attribution Contact: 970-925-6063
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R3
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 7735.88
  • Financing Info:Tax Year2: 2021
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Condition:Good: Yes
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • General Info:LvHtSqFt (Abv Grnd): 1467.0
  • Extras:Outbuildings: Yes
  • Extras:Storage Shed: Yes
  • Financing Info:HOA Dues YN: No
  • Listing Info In Foreclosure: No
  • General Info:Main Floor Primary: No
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 1467.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Frame
  • Other Structures: Outbuilding
  • Property Condition: Good
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • Carport 1 Car: Yes
  • Parking Area Total Parking: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 16988.0
  • Parcel #: 246707402017
  • Zoning: R3

Tax Info

  • Tax Annual Amount: 7735.88
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2022
Closed on
Feb 9, 2023
Sold by
Frankel Marietta M
Bought by
Shewolf Co Llc
Seller's Agent
Ann Abernethy
Christie's International Real Estate Aspen Snowmass
Buyer's Agent
Sally Shiekman
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$1,495,000
Sold Price
$1,445,000
Premium/Discount to List
-$50,000
-3.34%
Views
22
Current Estimated Value
$1,779,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,048
Avg. Annual Appreciation
7.43%

Purchase Details

Listed on
Dec 8, 2020
Closed on
Apr 26, 2021
Sold by
Reichert John
Bought by
Frankel Marietta M
Seller's Agent
Nancy Turner
Aspen Snowmass Sotheby's International Realty-Basalt
Buyer's Agent
James Cardamone
Coldwell Banker Mason Morse-Aspen
List Price
$1,345,000
Sold Price
$1,075,000
Premium/Discount to List
-$270,000
-20.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.97%

Purchase Details

Closed on
Aug 10, 1976
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shewolf Co Llc $1,445,000 Land Title
Frankel Marietta M $1,075,000 Title Company Of The Rockies
-- $38,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2023 02/09/23 Sold $1,445,000 -3.3% $985 / Sq Ft
11/07/2022 11/07/22 For Sale $1,495,000 +39.1% $1,019 / Sq Ft
04/26/2021 04/26/21 Sold $1,075,000 -20.1% $733 / Sq Ft View Prior Sale
03/12/2021 03/12/21 Pending -- -- --
08/13/2020 08/13/20 For Sale $1,345,000 -- $917 / 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 $8,359 $100,090 $38,190 $61,900
2023 $8,359 $100,090 $38,190 $61,900
2022 $7,408 $80,740 $41,080 $39,660
2021 $7,736 $83,060 $42,260 $40,800
2020 $6,712 $74,740 $35,050 $39,690
2019 $6,791 $74,740 $35,050 $39,690
2018 $6,649 $72,130 $35,290 $36,840
2017 $6,359 $72,130 $35,290 $36,840
2016 $6,269 $70,060 $35,570 $34,490
2015 -- $70,060 $35,570 $34,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 177387

Aspen Glenwood MLS

APN: R025430