NOT LISTED FOR SALE

261 Southside Dr Unit 5 Basalt, CO 81621

Estimated Value: $1,162,863 - $1,756,000

2 Beds
2.5 Baths
1,593 Sq Ft
$860/Sq Ft Est. Value

Last Sold May 05, 2015

Last sale price $435,000 $273 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $7,671/month

211 Days on Market

Highlights

  • Contemporary Architecture
  • Laundry Room
  • Fenced
  • Views
  • Baseboard Heating
  • Wood Siding

About This Home

As of May 2015

Gorgeous Southside townhome front row and center. Perfectly located near transport and Basalt high school. Easy walk to the historic town center of Basalt. Townhome features spacious living, dining, kitchen that flows out to the large front yard. 2 bedrooms and 2 and a half baths with a fabulous loft that could accommodate an extra sleeping area, office or media room. Single detached garage and dedicated parking spot completes this home.New fence and gate slated for next spring.

Last Agent to Sell the Property

Melissa Temple

Aspen Snowmass Properties Listed on: 08/06/2014

Last Buyer's Agent

Nicholas Palermo

Coldwell Banker Mason Morse-Willits License #FA.100001014

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,564

Year Built

  • Built in 1998

Lot Details

  • Fenced
  • Property is in good condition

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,593 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Window Treatments
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Assigned Parking

Location

  • Mineral Rights Excluded

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 246718113005

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include contingency fund, sewer, insurance, trash, snow removal, ground maintenance
  • Southside Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,564

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Inclusions: Dryer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Southside
  • Directions: South on Basalt Avenue, right on Fiou, left on to Southside, townhome on the left.
  • Architectural Style: Contemporary
  • Master Model: No
  • New Construction: No
  • Year Built: 1998
  • Tax Parcel Letter: R016897
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 2563.92
  • Financing Info:Tax Year2: 2014
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Good: Yes
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 1593.0
  • Fireplace:Gas: Yes

Exterior Features

  • Fencing: Fenced
  • Construction Type: Wood Siding, Frame
  • Property Condition: Good
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Keywords Info:Garage: 1 Car
  • Parking Area:Assigned2: Yes

Utilities

  • Laundry Features: Inside
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Pets Allowed/Renter
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes

Fee Information

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

Lot Info

  • Parcel #: 246718113005

Tax Info

  • Tax Annual Amount: 2563.92
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2022
Sold by
Lynn Forsey Amy
Bought by
Groom Amy L and Groom Jeffrey O
Current Estimated Value
$1,370,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Outstanding Balance
$344,329
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$1,025,887

Purchase Details

Listed on
Aug 6, 2014
Closed on
May 5, 2015
Sold by
Crepps Karen E
Bought by
Forsey Amy Lynn and Forsey Glenn Theodore
Seller's Agent
Melissa Temple
Aspen Snowmass Properties
Buyer's Agent
Nicholas Palermo
Coldwell Banker Mason Morse-Willits
List Price
$478,000
Sold Price
$435,000
Premium/Discount to List
-$43,000
-9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.57%
Original Mortgage
$346,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2007
Sold by
Braun Rebecca C and Mehlschau Derek
Bought by
Crepps Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2004
Sold by
Braun Rebecca C and Mehlschau Derek
Bought by
Braun Rebecca and Mehlschau Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2003
Sold by
South Side Partners Llc
Bought by
Braun Rebecca C and Mehlschau Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
May 2, 2002
Sold by
Culbertson Kurt Douglas and Culbertson Gene Anne
Bought by
South Side Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.11%

Purchase Details

Closed on
Apr 22, 2002
Sold by
South Side Partners Llc
Bought by
Culbertson Kurt Douglas and Culbertson Gene Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.11%
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
Groom Amy L -- Land Title
Forsey Amy Lynn $432,500 Land Title Guarantee Company
Crepps Karen E $635,000 Title Company Of Rockies Inc
Braun Rebecca -- --
Braun Rebecca C $330,000 --
South Side Partners Llc -- --
Culbertson Kurt Douglas -- Pitkin County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groom Amy L $365,000
Previous Owner Forsey Amy Lynn $346,000
Previous Owner Crepps Karen E $480,000
Previous Owner Braun Rebecca $268,000
Previous Owner Braun Rebecca C $264,000
Previous Owner Culbertson Kurt Douglas $207,000
Closed Braun Rebecca C $26,000
Closed Braun Rebecca $33,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2015 05/05/15 Sold $435,000 -9.0% $273 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
08/06/2014 08/06/14 For Sale $478,000 -- $300 / 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 $5,123 $58,410 $15,760 $42,650
2023 $5,123 $61,670 $16,640 $45,030
2022 $3,572 $38,290 $10,430 $27,860
2021 $3,724 $39,390 $10,730 $28,660
2020 $3,626 $39,310 $10,730 $28,580
2019 $3,626 $39,310 $10,730 $28,580
2018 $3,115 $39,580 $10,800 $28,780
2017 $2,968 $33,130 $10,080 $23,050
2016 $3,327 $36,510 $11,140 $25,370
2015 $3,262 $36,510 $11,140 $25,370
2014 $2,564 $29,770 $10,350 $19,420
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Melissa Temple

    Aspen Snowmass Properties

  • N

    Buyer's Agent in 2015

    Nicholas Palermo

    Coldwell Banker Mason Morse-Willits

See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 135651

Aspen Glenwood MLS

APN: R016897

Colorado Pitkin County Basalt 81621

261 Southside Dr Unit 5, Basalt, CO

This home is located at 261 Southside Dr Unit 5, Basalt, CO 81621 since 06 August 2014 and is currently estimated at $1,370,216, approximately $860 per square foot. This property was built in 1998. 261 Southside Dr Unit 5 is a home located in Pitkin County with nearby schools including Cornerstone Classical School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Aspen Glenwood MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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