NOT LISTED FOR SALE

3006 Frying Pan Rd Basalt, CO 81621

Estimated Value: $3,926,000 - $9,030,000

5 Acres
$1,458,325 Price per Acre
217,800 Sq Ft Lot

Last Sold September 30, 2019

Last sale price $2,600,000 $3,283 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $39,840/month

338 Days on Market

Highlights

  • River Front
  • Wooded Lot
  • Views
  • Green Building
  • No HOA
  • Property is near a preserve or public land

About This Lot

As of September 2019

Experience the pulse of the award winning waters of the Frying Pan River on one of the greatest lots in the Valley. This 5-acre riverfront property affords privacy and serenity yet just minutes from downtown Basalt and the hustle & bustle of the Roaring Fork Valley. Truly a blank canvas to build your legacy, dream home!

Last Agent to Sell the Property

Ted Borchelt

Aspen Snowmass Sotheby's International Realty-Basalt Brokerage Phone: (970) 927-8080 License #FA100004523 Listed on: 09/25/2018

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

Blake Appleby

Compass Aspen License #FA.100066940

Compass Aspen

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,826

Lot Details

  • 5 Acre Lot
  • River Front
  • Wooded Lot

Eco-Friendly Details

  • Green Building

Utilities

  • Natural Gas Not Available
  • Well

Additional Features

  • Property Views

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 246710200004

Property Details

Property Type

Land

Est. Annual Taxes

$4,826

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 5.0
  • Co List Office Mls Id: asssmva
  • Co List Office Phone: 970-923-2006
  • Subdivision Name: None
  • Directions: Midland Avenue to Frying Pan Road. Lot is 3 miles from Basalt on the right - just past Dallenbach Ranch.
  • Tax Parcel Letter: R026820
  • Attribution Contact: (970) 927-8080
  • General Info:Zoning2: Residential
  • Listing Info:REO: No
  • Financing Info:Taxes2: 4826.36
  • Financing Info:Tax Year2: 2018
  • Lot Description:Wooded Lot: Yes
  • Water:Well Installed: Yes
  • General Info:ADU Allowed: No
  • Lot Description:Borders Public Land2: Yes
  • Gas:None9: Yes
  • Lot Description:River Frontage2: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Utilities

  • Building Features: Yes
  • Water Source: Well Installed

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 217800.0
  • Parcel #: 246710200004
  • Zoning: Residential
  • ResoLotSizeUnits: Acres
  • Lot Description View: Yes

Tax Info

  • Tax Annual Amount: 4826.36
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2018
Closed on
Sep 30, 2019
Sold by
Elach Ranch Llc
Bought by
Frying Pan Rendezvous Llc
Seller's Agent
Ted Borchelt
Aspen Snowmass Sotheby's International Realty-Basalt
Buyer's Agent
Blake Appleby
Compass Aspen
List Price
$3,950,000
Sold Price
$2,600,000
Premium/Discount to List
-$1,350,000
-34.18%
Current Estimated Value
$7,291,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,691,627
Avg. Annual Appreciation
18.52%

Purchase Details

Listed on
Aug 3, 2011
Closed on
Feb 8, 2012
Sold by
Coffman James Everett and Coffma Suzanne
Bought by
Coffman Corner Llc
Seller's Agent
Kristen Maley
Aspen Snowmass Properties
Buyer's Agent
Carter Budwell
Aspen Snowmass Sotheby's International Realty-Basalt
List Price
$699,000
Sold Price
$699,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.73%

Purchase Details

Closed on
Jun 11, 1999
Sold by
Coffman James E
Bought by
Coffman James Everett
Source: Public Records

Range of Values:

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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
Frying Pan Rendezvous Llc $2,600,000 Title Company Of The Rockies
Coffman Corner Llc $699,000 None Available
Coffman James Everett -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2019 09/30/19 Sold $2,600,000 -34.2% $3,283 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
09/25/2018 09/25/18 For Sale $3,950,000 +105.2% $4,987 / Sq Ft
09/04/2015 09/04/15 Sold $1,925,000 -30.0% $2,431 / Sq Ft View Prior Sale
08/04/2015 08/04/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $2,750,000 +293.4% $3,472 / Sq Ft
02/08/2012 02/08/12 Sold $699,000 0.0% $883 / Sq Ft View Prior Sale
08/07/2011 08/07/11 Pending -- -- --
08/03/2011 08/03/11 For Sale $699,000 -- $883 / 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 $15,538 $458,270 $129,530 $328,740
2023 $15,538 $208,740 $128,300 $80,440
2022 $19,603 $243,890 $243,890 $0
2021 $19,582 $243,890 $243,890 $0
2020 $18,654 $243,890 $243,890 $0
2019 $4,748 $61,490 $60,130 $1,360
2018 $4,826 $61,920 $60,550 $1,370
2017 $4,570 $61,920 $60,550 $1,370
2016 $4,969 $66,150 $64,640 $1,510
2015 -- $66,150 $64,640 $1,510
2014 $3,238 $45,370 $43,860 $1,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 156221

Aspen Glenwood MLS

APN: R026820