$4,400,000
SOLD MAY 16, 2022

2956 Emma Rd Basalt, CO 81621

3 Beds
2.5 Baths
2,486 Sq Ft
36.54 Acres

Recently Sold

$1,770 Per Sq Ft

23% Below List Price

194 Days on Market

Highlights

  • Barn
  • RV Access or Parking
  • 36.54 Acre Lot
  • Horse Property
  • Solar Power System
  • Green Building

About This Home

As of May 2022

Step back in time when you enter this iconic Emma ranchette perched on a hill with amazing views. Remodeled in 2009 with vintage finishes, this home looks and feels like the turn of the century. Relax on the front porch after work and watch the world go by. The open living area with a country kitchen makes it easy for the family to congregate. In addition, the main floor has a parlor, office, and plans for a main floor master. Upstairs are 3 bedrooms, 2 baths, and 2 balconies to enjoy the serenity of the surrounding farmlands. With the field irrigation system in place, abundant water rights irrigate the 29 acres from the Home Supply Ditch. The multi-purpose detached garage/barn/shop, built in 2008, comes with solar panels that also serve the home.The original farmhouse is on the Pitkin County Historic Registry. Easy access to Highway 82. Let your imagination create a ranch, farm, or big garden with all the animals and as many toys that your heart desires. The original farmhouse is on the Pitkin County Historic Registry. Easy access to Highway 82. Let your imagination create a ranch, farm, or big garden with all the animals and as many toys that your heart desires.

Last Agent to Sell the Property

Terry Harrington

Aspen Snowmass Sotheby's International Realty-Basalt Brokerage Phone: (970) 927-8080 License #EA335811 Listed on: 09/17/2021

Aspen Snowmass Sotheby's International Realty-Basalt

Last Buyer's Agent

Melissa Temple

ENGEL & VOLKERS License #FA.100032313

ENGEL & VOLKERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,516

Year Built

  • Built in 1889

Lot Details

  • 36.54 Acre Lot
  • Southern Exposure
  • North Facing Home
  • Fenced
  • Landscaped
  • Sprinkler System
  • Historic Home
  • Property is in good condition
  • Property is zoned AF-10

Home Design

  • Victorian Architecture
  • Brick or Stone Mason
  • Slab Foundation
  • Composition Roof
  • Composition Shingle Roof

Interior Spaces

  • 2,486 Sq Ft Home
  • 3-Story Property
  • Property Views
  • Unfinished Basement

Kitchen

  • Range<<rangeHoodToken>>
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • RV Access or Parking

Eco-Friendly Details

  • Green Building
  • Solar Power System

Outdoor Features

  • Horse Property
  • Patio
  • Outbuilding

Farming

  • Barn

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Propane
  • Irrigation Well
  • Water Rights
  • Water Softener
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Happy Day Ranch Subdivision

Listing and Financial Details

  • Exclusions: See Remarks
  • Assessor Parcel Number 246514200001

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,516

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 36.54
  • Inclusions: Dryer, Freezer, Refrigerator, Washer, Water Softener, Range, Dishwasher
  • Subdivision Name: Happy Day Ranch
  • Directions: From Hwy 82, Emma Road South, Right at the ''T,'' Driveway on left just before 90' curve in Emma Road.
  • Above Grade Finished Sq Ft: 2486.0
  • Architectural Style: Victorian, Two Story
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1889
  • Tax Parcel Letter: R013884
  • Attribution Contact: (970) 927-8080
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: AF-10
  • General Info:Unfinished SqFt: 631.0
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Listing Info:ADU: No
  • General Info:Levels: 3.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 4515.52
  • Financing Info:Tax Year2: 2021
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Substructure:Unfinished Basement: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Range: Yes
  • Substructure:Slab: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Condition:Good: Yes
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • General Info:LvHtSqFt (Abv Grnd): 2486.0
  • Inclusions:Water Softener: Yes
  • General Info:Unit Faces: North
  • Style:Two Story: Yes
  • Sanitation:Septic: Yes
  • Inclusions:Freezer: Yes
  • Energy Efficiency:Solar PV: Yes
  • Extras:Outbuildings: Yes
  • Extras:Softener: Yes
  • Construction Brick: Yes
  • Water Rights:Yes3: Yes
  • Extras:Barn or Corral: Yes
  • Water:Well - Irrigation: Yes
  • Disclosures:Historical: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 2486.0

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Disclosures: 1031 Exchange, Excluded Buyer, Historical
  • Exclusions: See Remarks
  • Construction Type: Other, Brick
  • Direction Faces: North
  • Foundation Details: Slab
  • Other Structures: Outbuilding
  • Property Condition: Good
  • Roof: Other, Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • Keywords Info:Garage: 4+ Car
  • General Info:Garage SqFt: 2340.0
  • Parking Area:RV Parking: Yes

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Propane
  • Water Source: Well - Irrigation
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Gas/Propane: Yes

Association/Amenities

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

Lot Info

  • Lot Size Sq Ft: 1591682.0
  • Parcel #: 246514200001
  • Zoning: AF-10
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4515.52
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
May 16, 2022
Sold by
Parker Randall J
Bought by
C2m Not Growing Up Llc
Seller's Agent
Terry Harrington
Aspen Snowmass Sotheby's International Realty-Basalt
Buyer's Agent
Melissa Temple
ENGEL & VOLKERS
List Price
$5,750,000
Sold Price
$4,400,000
Premium/Discount to List
-$1,350,000
-23.48%
Current Estimated Value
$4,087,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$312,769
Avg. Annual Appreciation
-7.13%
Original Mortgage
$17,400
Outstanding Balance
$7,745
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$3,469,586

Purchase Details

Listed on
Sep 17, 2021
Closed on
May 11, 2022
Sold by
Parker Randall J
Bought by
C2m Not Growing Up Llc
Seller's Agent
Terry Harrington
Aspen Snowmass Sotheby's International Realty-Basalt
Buyer's Agent
Melissa Temple
ENGEL & VOLKERS
List Price
$5,750,000
Sold Price
$4,400,000
Premium/Discount to List
-$1,350,000
-23.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,400
Outstanding Balance
$7,745
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$3,469,586

Purchase Details

Closed on
Feb 1, 2018
Sold by
Payne Thomas W and Payne Reid R
Bought by
The Marybelle R Payne Revocable Trust

Purchase Details

Closed on
Nov 12, 2015
Sold by
Parker Bindweed Lllp
Bought by
Parker David G and Parker Priscilla

Purchase Details

Closed on
Jan 27, 2010
Sold by
Parker Susan E
Bought by
Parker Randall J and Parker Susan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 4, 2010
Sold by
Parker Sage Lllp
Bought by
Parker Randall J and Parker Susan E

Purchase Details

Closed on
Jan 1, 2005
Sold by
Parker Bindweed Lllp
Bought by
Parker Sage Lllp
Source: Public Records

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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 $4,400,000 Land Title
Bargain Sale Deed -- Land Title
Bargain Sale Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Special Warranty Deed -- None Available
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- Stewart Title
Special Warranty Deed -- None Available
Special Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $17,400 New Conventional
Closed $17,400 New Conventional
Previous Owner $200,000 Credit Line Revolving
Previous Owner $500,000 Construction
Previous Owner $750,000 Adjustable Rate Mortgage/ARM
Previous Owner $100,000 Credit Line Revolving
Previous Owner $820,000 Adjustable Rate Mortgage/ARM
Previous Owner $315,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Previous Owner $225,000 Credit Line Revolving
Previous Owner $132,046 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $4,400,000 -23.5% $1,770 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
09/17/2021 09/17/21 For Sale $5,750,000 +3008.1% $2,313 / Sq Ft
08/28/2013 08/28/13 Sold $185,000 0.0% $93 / Sq Ft
08/28/2013 08/28/13 Pending -- -- --
07/09/2013 07/09/13 For Sale $185,000 -- $93 / 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 $5,780 $73,530 $8,510 $65,020
2023 $5,780 $76,680 $8,510 $68,170
2022 $4,247 $51,850 $8,020 $43,830
2021 $4,516 $55,270 $8,810 $46,460
2020 $4,567 $58,110 $8,090 $50,020
2019 $4,567 $58,110 $8,090 $50,020
2018 $4,676 $58,300 $8,090 $50,210
2017 $4,407 $58,590 $8,380 $50,210
2016 $4,504 $58,670 $7,310 $51,360
2015 $4,521 $58,670 $7,310 $51,360
2014 $3,829 $52,280 $5,720 $46,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 172074

Aspen Glenwood MLS

APN: R013884