NOT LISTED FOR SALE

308 Red Tail Ln Basalt, CO 81621

Estimated Value: $2,240,000 - $2,640,000

6 Beds
5.5 Baths
3,670 Sq Ft
$650/Sq Ft Est. Value

Last Sold April 13, 2016

Last sale price $875,000 $238 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $13,580/month

20 Days on Market

Highlights

  • Green Building
  • Corner Lot
  • Patio
  • Maid or Guest Quarters
  • Cul-De-Sac
  • Laundry Room

About This Home

As of April 2016

Simply THE BEST VALUE IN BASALT for a nicely finished home on the market today. Totally renovated in 2007, there are six bedrooms inclusive of a two bedroom, rentable apartment above the garage. High end finishes throughout - every space has been remodeled including a new kitchen, new baths, new master suite. The house is a great investment as it would cash flow at current mortgage rates. Walk to everything in Basalt and convenient to Aspen and Snowmass.

Last Listed By

Doug Leibinger

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 Listed on: 01/08/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,612

Year Built

  • Built in 1995

Lot Details

  • 8,277 Sq Ft Lot
  • Cul-De-Sac
  • Southern Exposure
  • Corner Lot
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 3,670 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Finished Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Radiant Heating System
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Green Building
  • Patio
  • Accessory Dwelling Unit (ADU)

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Elk Run Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246717207008

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,612

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Inclusions: Dryer, Refrigerator, Washer, Range, Dishwasher
  • Subdivision Name: Elk Run
  • Directions: Two Rivers turn on to Elk Run Drive, Turn Right on Cemetary Lane and left on Red Tail, 1st house on left.
  • Architectural Style: Other
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1995
  • Tax Parcel Letter: R012715
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Single Family
  • 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: Yes
  • General Info:Levels: 3.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 4611.96
  • Financing Info:Tax Year2: 2014
  • Extras:GuestCaretaker Qtrs: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Roof:Composition Shingles: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Substructure:Finished Basement: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Finished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 3670.0
  • Fireplace:Gas: Yes
  • Style Other: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Corner Lot, Landscaped
  • Disclosures: Seller Lic RE Agent
  • Construction Type: Wood Siding, Frame
  • 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: 665.0

Utilities

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

Condo/Co-op/Association

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

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Gentle Topo: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Corner Lot: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Cul-de-Sac: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 8277.0
  • Parcel #: 246717207008
  • Zoning: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4611.96
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2016
Closed on
Apr 13, 2016
Sold by
Leibinger Douglas W and Leibinger Rebecca A
Bought by
Conklin Jeffrey and Conklin Brittany
Seller's Agent
Doug Leibinger
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Justin Addison
Coldwell Banker Mason Morse-Aspen
List Price
$1,049,000
Sold Price
$875,000
Premium/Discount to List
-$174,000
-16.59%
Total Days on Market
20
Current Estimated Value
$2,385,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,510,311
Avg. Annual Appreciation
10.75%
Original Mortgage
$700,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2005
Sold by
Cole Charles W and Cole Summer Thomas
Bought by
Leibinger Douglas W and Leibinger Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

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
Conklin Jeffrey $875,000 Pct
Leibinger Douglas W $640,000 Stewart Title Of Vail Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conklin Jeffrey $350,000
Open Conklin Jeffrey $637,000
Closed Conklin Jeffrey $700,000
Previous Owner Leibinger Douglas W $459,600
Previous Owner Leibinger Douglas W $193,010
Previous Owner Leibinger Douglas W $191,000
Previous Owner Leibinger Douglas W $512,000
Previous Owner Cole Charles W $400,000
Previous Owner Cole Charles W $100,000
Previous Owner Cole Charles W $50,058
Previous Owner Cole Charles W $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2016 04/13/16 Sold $875,000 -16.6% $238 / Sq Ft
01/28/2016 01/28/16 Pending -- -- --
01/08/2016 01/08/16 For Sale $1,049,000 -- $286 / 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 $11,050 $125,980 $24,410 $101,570
2023 $11,050 $129,900 $25,170 $104,730
2022 $6,673 $71,530 $19,110 $52,420
2021 $6,957 $73,590 $19,660 $53,930
2020 $6,432 $69,730 $19,660 $50,070
2019 $6,432 $69,730 $19,660 $50,070
2018 $5,971 $80,090 $19,800 $60,290
2017 $5,688 $65,070 $20,880 $44,190
2016 $5,899 $64,730 $18,710 $46,020
2015 $5,745 $64,310 $18,710 $45,600
2014 $4,612 $53,550 $17,910 $35,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 137307

Aspen Glenwood MLS

APN: R012715