NOT LISTED FOR SALE

304 Summerset Ln Unit A Basalt, CO 81621

Estimated Value: $1,357,000 - $1,932,000

3 Beds
2.5 Baths
1,877 Sq Ft
$838/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $1,310,000 $698 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,457/month

6 Days on Market

Highlights

  • Air Conditioning
  • Laundry Room
  • Ceiling Fan
  • Resident Manager or Management On Site
  • Landscaped with Trees
  • Baseboard Heating

About This Home

As of September 2023

Welcome to this fabulous Southside half-duplex, nestled in a sought-after neighborhood with abundant charm and convenience. Conveniently located steps away from the coveted parks and trails, this home provides boundless opportunities for outdoor activities and exploration. Moreover, a short walk will lead you to the vibrant downtown Basalt, where you can enjoy an array of dining, shopping, and cultural experiences.

Beautifully landscaped front yard and a two-car garage with additional parking in the driveway. The warm and inviting floor plan features hardwood floors that extend throughout the lower level. Throughout the property, you'll find modern amenities, including air conditioning, abundant storage, and a full-size washer-dryer in a dedicated space.

The kitchen on the main floor includes a Wolfe stove that opens up into the dining and living areas. A glass door opens up into a private fenced-in yard, that has mature trees providing shade and privacy.

The primary bedroom is set on the second floor on the east side of the home and creates a sense of privacy. It includes a walk-in closet and a full bath. Two additional well-appointed guest bedrooms are situated on the same level, sharing a full bath. Adjacent to the guest bedrooms, an open space awaits your creative touch - suitable for a home office, a library, or a calming yoga/exercise spot.

Last Listed By

Walker Moriarty

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA.100091248 Listed on: 08/14/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,180

Year Built

  • Built in 1999

Lot Details

  • 3,920 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

HOA Fees

  • $70 Monthly HOA Fees

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof

Interior Spaces

  • 1,877 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Carport

Location

  • Mineral Rights Excluded

Utilities

  • Air Conditioning
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Water Rights Not Included

Listing and Financial Details

  • Assessor Parcel Number 246718115001

Community Details

Overview

  • Association fees include contingency fund, management, sewer, trash, ground maintenance
  • Southside Subdivision

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,180

Year Built

Built in 1999

Lot Details

0

HOA Fees

$70 per month

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Co List Office Mls Id: asssmva
  • Co List Office Phone: 970-923-2006
  • Inclusions: Ceiling Fan, Dryer, Oven, Refrigerator, Washer, Range, Dishwasher
  • Subdivision Name: Southside
  • Directions: Coming from Aspen on 82 take a left at the stop light on Basalt Avenue. Take the second right onto Fiou Lane, take the next left onto Southside Drive, and then take the next left onto Alexander Avenue. Take the 2nd right onto Summerset Lane and it is on your right.
  • Above Grade Finished Sq Ft: 1877.0
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1999
  • Tax Parcel Letter: R017014
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • 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
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 4180.24
  • Financing Info:Tax Year2: 2022
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Lawn Sprinklers: Yes
  • HOA Fees Includes:Management: Yes
  • Electric:Yes: Public
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • HOA Fees Includes:Trash: Yes
  • General Info:LvHtSqFt (Abv Grnd): 1877.0
  • General Info:Unit Faces: East
  • Style:Two Story: Yes
  • Water:Community: Yes
  • Carport:_two_ Car: Yes
  • Inclusions:Oven: Yes
  • Home Performance Programs:Energy Star Rated: No
  • Cooling:AC: Yes
  • Home Performance Programs:Indoor Air Plus: No
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 840.0
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1877.0
  • Fireplace:Gas: Yes

Exterior Features

  • Fencing: Fenced
  • Construction Type: Other, Frame
  • Direction Faces: East
  • Property Condition: Excellent
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes
  • General Info:Garage SqFt: 495.0

Utilities

  • Laundry Features: Inside
  • Cooling: A/C
  • Cooling Y N: Yes
  • Heating: Radiant, Hot Water, Natural Gas, Baseboard
  • Heating Yn: Yes
  • Electric: Yes
  • Utilities: Natural Gas Available
  • Water Source: Community
  • Heating:Radiant: Yes
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association Fee: 210.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 210.0
  • Financing Info:Association Fee Frequency2: Quarterly
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Contingency Fund, Management, Sewer, Trash, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 3920.0
  • Parcel #: 246718115001
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4180.24
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Sep 18, 2023
Sold by
Simnacher Family Partnership Ltd
Bought by
Ioffredo Jenna E and Ramirez Sierra Rodrigo
Seller's Agent
Walker Moriarty
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Jordie Karlinski
Compass Aspen
List Price
$1,295,000
Sold Price
$1,310,000
Premium/Discount to List
$15,000
1.16%
Total Days on Market
6
Views
11
Current Estimated Value
$1,572,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,664
Avg. Annual Appreciation
8.40%
Original Mortgage
$200,000
Outstanding Balance
$187,331
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$1,306,796

Purchase Details

Closed on
Mar 22, 2019
Sold by
Colman Jamie
Bought by
Simnacher Family Partnership Ltd

Purchase Details

Closed on
Jul 14, 1999
Bought by
Colman Jamie

Range of Values:

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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
Ioffredo Jenna E $1,310,000 Title Company Of The Rockies
Simnacher Family Partnership Ltd $689,500 Land Title Guarantee
Colman Jamie $381,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ioffredo Jenna E $200,000
Previous Owner Colman Randolph $298,475
Previous Owner Colman Randolph $300,775
Previous Owner Colman Jamie $302,000
Previous Owner Colman Jamie $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $1,310,000 +1.2% $698 / Sq Ft
08/14/2023 08/14/23 For Sale $1,295,000 -- $690 / 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 $7,522 $85,760 $17,670 $68,090
2023 $7,522 $89,290 $18,390 $70,900
2022 $4,180 $44,810 $13,900 $30,910
2021 $4,358 $46,100 $14,300 $31,800
2020 $4,368 $47,350 $14,300 $33,050
2019 $4,368 $47,350 $14,300 $33,050
2018 $3,374 $47,680 $14,400 $33,280
2017 $3,214 $35,880 $11,880 $24,000
2016 $3,599 $39,490 $13,130 $26,360
2015 $3,528 $39,490 $13,130 $26,360
2014 $2,800 $32,510 $10,750 $21,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 180613

Aspen Glenwood MLS

APN: R017014