261 Southside Dr Unit 5 Basalt, CO 81621
Estimated Value: $1,137,000 - $1,460,000
2
Beds
2.5
Baths
1,593
Sq Ft
$784/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- Laundry Room
- Fenced
- Views
- Baseboard Heating
- Wood Siding
About This Home
As of May 2015Gorgeous 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
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
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
$346,494
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$1,003,679
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
11.79%
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
$37,500
Interest Rate
7.19%
Mortgage Type
Credit Line Revolving
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
$37,500
Interest Rate
7.19%
Mortgage Type
Credit Line Revolving
Similar Homes in Basalt, CO
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $334,000 | |
| Previous Owner | Allen Potvin Sally | $522,983 | |
| Previous Owner | Crepps Karen E | $334,335 | |
| Previous Owner | Crepps Karen E | $100,000 | |
| Previous Owner | Crepps Karen E | $330,000 | |
| Previous Owner | Crepps Karen E | $50,000 | |
| Previous Owner | Crepps Karen E | $480,000 | |
| Previous Owner | Braun Rebecca C | $126,000 | |
| Previous Owner | Braun Rebecca | $269,500 | |
| Previous Owner | Braun Rebecca | $268,000 | |
| Previous Owner | Braun Rebecca C | $264,000 | |
| Previous Owner | Culbertson Kurt Douglas | $37,500 | |
| 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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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
Map
Source: Aspen Glenwood MLS
MLS Number: 135651
APN: R016897
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