NOT LISTED FOR SALE

3103 Elk Ln Unit 3103 Basalt, CO 81621

Estimated Value: $765,000 - $1,034,000

2 Beds
2 Baths
1,123 Sq Ft
1,133 Sq Ft Lot

Last Sold July 11, 2016

Last sale price $325,000 $289 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $5,224/month

About This Home

As of July 2016

Sold before MLS.

Last Listed By

Zack Feast

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA100013108 Listed on: 07/26/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,214

Year Built

  • Built in 1995

Lot Details

  • 1,133

Parking

  • 1 Car Garage

Interior Spaces

  • 1,123 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Property has a Home Owners Association
  • Villas @ Elk Run Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246717228021

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,214

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: ASSHMA
  • Subdivision Name: Villas @ Elk Run
  • Directions: 0
  • Garage Yn: Yes
  • Master Model: No
  • Year Built: 1995
  • Tax Parcel Letter: R014991
  • Attribution Contact: (970) 925-6060
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Res
  • Listing Info:REO: No
  • General Info:Levels: 1.0
  • Financing Info:Taxes2: 2214.0
  • Financing Info:Tax Year2: 2015
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1123.0

Garage/Parking

  • Keywords Info:Garage: 1 Car
  • General Info:Garage SqFt: 140.0

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Parcel #: 246717228021
  • Zoning: Res

Tax Info

  • Tax Annual Amount: 2214.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2016
Closed on
Jul 11, 2016
Sold by
Wells Karen and Wells Dennis
Bought by
Olson Raenell K
Seller's Agent
Zack Feast
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Zack Feast
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$898,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$573,424
Avg. Annual Appreciation
11.64%

Purchase Details

Closed on
Dec 21, 2010
Sold by
Grant Jane and Allard Madaus Michael
Bought by
Wells Dennis and Wells Karen

Purchase Details

Closed on
Sep 5, 2006
Sold by
Barton Clarke Phipps
Bought by
Allard Madaus Michael and Grant Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Homes in Basalt, CO

  • 3102 Elk Ln Unit 3102, Basalt, CO 81621

    $895,000

    • 2 Beds
    • 2 Baths
    • 1,123 Sq Ft
    • 3102 Elk Ln
    • Unit 3102
    • Basalt, CO

    Fresh Remodel - Move right into this beautifully remodeled single level Elk Run unit. All new Kitchen, bathrooms, flooring and lighting throughout. One car Garage along with one common area parking space. Prime location - walking distance to everything Basalt.

    Tommy Kearsey Home Waters Real Estate Group

    Section Image
  • 140 Basalt Center Cir Unit 304, Basalt, CO 81621

    $1,098,000

    • 1 Bed
    • 1 Bath
    • 655 Sq Ft
    • 140 Basalt Center Cir
    • Unit 304
    • Basalt, CO

    Introducing the The Collection - the top floor offering within The Midland Residences. These thoughtfully designed studios, 1-bedroom, and 2-bedroom condominiums have elevated finishes including upgraded appliance packages, flooring, and fixtures all aimed at providing the perfect balance of style and convenience. This is Basalt's Newest Chapter - A Rare Opportunity. Discover The

    Garrett Reuss Aspen Snowmass Sotheby's International Realty-Snowmass Village

    Section Image
  • 140 Basalt Center Cir Unit 221, Basalt, CO 81621

    $1,098,000

    • 1 Bed
    • 1 Bath
    • 660 Sq Ft
    • 140 Basalt Center Cir
    • Unit 221
    • Basalt, CO

    Basalt's Newest Chapter - A Rare Opportunity. Discover The Midland Residences, your chance to own in Basalt's downtown core. This brand new building provides an opportunity to own a studio, 1-bedroom, or 2-bedroom in the heart of Downtown Basalt. With thoughtfully designed interiors, these residences offer the perfect balance of style and convenience. With condominium residences located on the

    Garrett Reuss Aspen Snowmass Sotheby's International Realty-Snowmass Village

    Section Image
  • 140 Basalt Center Cir Unit 229, Basalt, CO 81621

    $1,048,000

    • 1 Bed
    • 1 Bath
    • 660 Sq Ft
    • 140 Basalt Center Cir
    • Unit 229
    • Basalt, CO

    Basalt's Newest Chapter - A Rare Opportunity. Discover The Midland Residences, your chance to own in Basalt's downtown core. This brand new building provides an opportunity to own a studio, 1-bedroom, or 2-bedroom in the heart of Downtown Basalt. With thoughtfully designed interiors, these residences offer the perfect balance of style and convenience. With condominium residences located on the

    Garrett Reuss Aspen Snowmass Sotheby's International Realty-Snowmass Village

    Section Image
  • 140 Basalt Center Cir Unit 219, Basalt, CO 81621

    $995,000

    • 1 Bed
    • 1 Bath
    • 660 Sq Ft
    • 140 Basalt Center Cir
    • Unit 219
    • Basalt, CO

    The Midland Residences at Basalt Center Circle is the newest mixed use residential and commercial building in the mid-valley. Located in the very heart of downtown Basalt, these residences are exceptionally affordable and brand new. This offering combines studio, 1-bedroom and 2-bedroom opportunities. Each residence comes with one dedicated parking space and one dedicated storage unit. This

    Garrett Reuss Aspen Snowmass Sotheby's International Realty-Snowmass Village

    Section Image
  • 140 Basalt Center Cir Unit 223, Basalt, CO 81621

    $995,000

    • 1 Bed
    • 1 Bath
    • 660 Sq Ft
    • 140 Basalt Center Cir
    • Unit 223
    • Basalt, CO

    The Midland Residences at Basalt Center Circle is the newest mixed use residential and commercial building in the mid-valley. Located in the very heart of downtown Basalt, these residences are exceptionally affordable and brand new. This offering combines studio, 1-bedroom and 2-bedroom opportunities. Each residence comes with one dedicated parking space and one dedicated storage unit. This

    Garrett Reuss Aspen Snowmass Sotheby's International Realty-Snowmass Village

    Section Image
  • 231 Robinson St Unit R338, Basalt, CO 81621

    $745,000

    • 1 Bed
    • 1 Bath
    • 659 Sq Ft
    • 231 Robinson St
    • Unit R338
    • Basalt, CO

    HUGE PRICE REDUCTION!!!! SELLER MOTIVATED TO SELL NOW!!!! Convenient to Aspen. Great Short term Rental potential! Immaculately maintained 1 bedroom unit in Triangle Park Lofts. Great sun and mountain views with 14 foot ceilings and soaring windows from top to bottom.Charming finishes with gas fireplace, hardwood floors, and top notch appliances all in perfect condition. Air conditioning

    Scott Wirkler Engel & Volkers Roaring Fork

    Section Image
  • TBD Lakeview Dr Unit 4, Basalt, CO 81621

    $934,200

    • 1 Bed
    • 1 Bath
    • 692 Sq Ft
    • TBD Lakeview Dr
    • Unit 4
    • Basalt, CO

    Introducing - The Northside - Luxury Lakefront Residences - 7 new units 3 three bedroom units and 4 one bedroom units, located on the Basalt Tree Farm, overlooking Kodiak lake. Open concept living with modern interiors featuring hardwood floors, stone surfaces & floor to ceiling windows with views of the lake, Basalt & Sopris mountains. Covered carport parking. Reservation Process. Call broker

    Harrison Sachs ENGEL & VOLKERS

    Section Image
  • TBD Lakeview Dr Unit 2, Basalt, CO 81621

    $684,450

    • 1 Bed
    • 1 Bath
    • 507 Sq Ft
    • TBD Lakeview Dr
    • Unit 2
    • Basalt, CO

    Introducing - The Northside - Luxury Lakefront Residences - 6 new units 3 three bedroom units and 2 two bedroom units, 1 one bedroom unit. Located on the Basalt Tree Farm, overlooking Kodiak lake. Open concept living with modern interiors featuring hardwood floors, stone surfaces & floor to ceiling windows with views of the lake, Basalt & Sopris mountains. Covered carport parking. Reservation

    Harrison Sachs ENGEL & VOLKERS

    Section Image

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
Olson Raenell K $325,000 Stewart Title
Wells Dennis $250,000 Land Title Guarantee Company
Allard Madaus Michael $385,000 Pct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Raenell K $50,415
Closed Olson Raenell K $50,415
Previous Owner Allard Madaus Michael $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2016 07/26/16 For Sale $325,000 0.0% $289 / Sq Ft
07/11/2016 07/11/16 Sold $325,000 -- $289 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
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 $2,913 $33,210 $0 $33,210
2023 $2,913 $36,240 $0 $36,240
2022 $2,922 $31,320 $0 $31,320
2021 $3,047 $32,230 $0 $32,230
2020 $2,637 $28,590 $0 $28,590
2019 $2,637 $28,590 $0 $28,590
2018 $2,497 $28,790 $0 $28,790
2017 $2,378 $26,550 $0 $26,550
2016 $2,259 $24,790 $0 $24,790
2015 $2,215 $24,790 $0 $24,790
2014 $1,680 $19,510 $0 $19,510
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 145331

Aspen Glenwood MLS

APN: R014991