NOT LISTED FOR SALE

321 Hillcrest Dr Basalt, CO 81621

Estimated Value: $1,348,000 - $2,002,000

5 Beds
3.5 Baths
3,208 Sq Ft
$519/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $1,055,000 $329 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $9,905/month

23 Days on Market

Highlights

  • RV Access or Parking
  • Green Building
  • Patio
  • 0.42 Acre Lot
  • Views
  • Resident Manager or Management On Site

About This Home

As of September 2023

Welcome to Aspen Junction! This affordable, recently painted, mid-valley residence is more than just a home - it's a smart investment with an income-earning potential. Coupled with its panoramic mountain and river views, you'll be waking up to beauty, convenience, and the prospect of financial gain.

The property comes with a separate, fully-equipped 2 bed/1 bath Accessory Dwelling Unit (ADU) on the lower level. This is a unique feature that offers versatility in its use. Need a place for family or friends to stay? This ADU is perfect. Hosting your mother-in-law for an extended visit? She'll have her own space while being close to you. And when it's not being used by loved ones, it transforms into an income-generating rental unit.

The main part of the home boasts an open floor plan, iron art staircase, a gas-log fireplace in the living room for those cozy evenings, and wood floors that add a touch of elegance. Step onto the large deck for sweeping views of the landscape around. Upstairs, the primary bedroom includes an en-suite bath and two walk-in closets, with two additional guest bedrooms that share a bath.

For added convenience, the home has laundry facilities located in the hallway, avoiding the need to carry laundry up or down stairs. Similarly, the ADU comes with its own washer/dryer, and a new hot water heater was recently installed.

The property also offers ample parking, a large storage room, and has low HOA fees, making it easy on the wallet. The yard requires limited maintenance, and even presents a delightful surprise - an apple tree that provides shade and delicious apples in the fall.

Its strategic location near Hwy 82 and public transport routes adds to its appeal, making commuting hassle-free. Whether you're looking for a comfortable home, a place for extended family or friends, or a property with rental income potential, 321 Hillcrest truly hits the mark.

Last Agent to Sell the Property

Sally Shiekman

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA1317921 Listed on: 07/26/2023

Last Buyer's Agent

Sally Shiekman-Miller

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,998

Year Built

  • Built in 1995

Lot Details

  • 0.42 Acre Lot
  • South Facing Home
  • Southern Exposure
  • Landscaped with Trees
  • Property is in good condition
  • Property is zoned R2

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Frame Construction
  • Insulated Concrete Forms
  • Metal Roof
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,208 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Walk-Out Basement
  • Property Views

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • Garage
  • No Garage
  • RV Access or Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Green Building
  • Patio
  • Accessory Dwelling Unit (ADU)
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 246511107017

Community Details

Overview

  • Association fees include management, sewer
  • Aspen Junction Subdivision

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,998

Year Built

Built in 1995

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.42
  • Inclusions: Ceiling Fan, Dryer, Refrigerator, See Remarks, Washer, Window Coverings, Range, Dishwasher
  • Subdivision Name: Aspen Junction
  • Directions: Hwy 82 to the Two Rivers Road light and turn north onto Two Rivers Road. Turn left onto Hillcrest Drive and continue approximately 3/10ths of a mile and turn left up the driveway for 321/369; driveway is shared, house is on the left.
  • Above Grade Finished Sq Ft: 3208.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1995
  • Tax Parcel Letter: R031457
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R2
  • 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: Yes
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 5998.0
  • Financing Info:Tax Year2: 2022
  • Extras:PatioDeck: Yes
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Range: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • HOA Fees Includes:Management: Yes
  • Miscellaneous:Under Construction3: No
  • Exterior:Vinyl Siding: Yes
  • Electric:Yes: Public
  • Condition:Good: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 3208.0
  • General Info:Unit Faces: South
  • Substructure:Walkout: Yes
  • Roof:Metal: Yes
  • Laundry Facility:In Hall: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 50.0
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3208.0
  • Fireplace:Gas: Yes
  • Style Other: Yes

Exterior Features

  • Disclosures: Other
  • Construction Type: ICFs (Insulated Concrete Forms), Vinyl Siding, Concrete, Frame
  • Direction Faces: South
  • Property Condition: Good
  • Roof: Metal
  • Construction:Frame: Yes
  • Construction:Poured Concrete: Yes
  • Construction:ICF (Concrete Forms): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car, RV Access/Parking
  • Keywords Info:Garage: None
  • Parking Area:_two_ Car2: Yes
  • Parking Area:RV Parking: Yes

Utilities

  • Laundry Features: In Hall, Inside
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Natural Gas, Baseboard
  • Heating Yn: Yes
  • Electric: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Pets Allowed/Renter
  • Association Fee: 50.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 50.0
  • Financing Info:Association Fee Frequency2: Annually
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Management, Sewer

Lot Info

  • Lot Size Sq Ft: 20473.0
  • Parcel #: 246511107017
  • Zoning: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5998.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2023
Closed on
Sep 8, 2023
Sold by
Spence Llc
Bought by
Nair Abhay and Nair Brooke
Seller's Agent
Sally Shiekman
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Sally Shiekman
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$1,450,000
Sold Price
$1,055,000
Premium/Discount to List
-$395,000
-27.24%
Views
25
Current Estimated Value
$1,666,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$611,373
Avg. Annual Appreciation
24.02%
Original Mortgage
$844,000
Outstanding Balance
$829,635
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$744,927

Purchase Details

Closed on
Sep 10, 2021
Sold by
Clark Todd
Bought by
Spence Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2021
Sold by
Spence Llc
Bought by
Clark Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2017
Sold by
Clark Todd A
Bought by
Spence Llc

Purchase Details

Closed on
Aug 31, 2006
Sold by
Fuller Susan S
Bought by
Clark Todd A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2002
Sold by
Brucker Andrew C and Brucker Susan F
Bought by
Fuller Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.93%

Purchase Details

Closed on
Jul 6, 1994
Source: Public Records

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
Nair Abhay $1,055,000 Land Title
Spence Llc -- Land Title Guarantee Company
Clark Todd -- Land Title Guarantee
Spence Llc -- None Available
Clark Todd A $650,000 None Available
Fuller Susan S -- Stewart Title
-- $61,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nair Abhay $844,000
Previous Owner Clark Todd $448,000
Previous Owner Sprence Llc $150,000
Previous Owner Clark Todd A $593,400
Previous Owner Clark Todd A $589,000
Previous Owner Clark Todd A $520,000
Previous Owner Clark Todd A $75,000
Previous Owner Fuller Susan S $245,000
Previous Owner Fuller Susan S $100,000
Previous Owner Fuller Susan S $215,000
Previous Owner Brucker Andrew C $25,000
Previous Owner Brucker Andrew C $12,000
Previous Owner Brucker Andrew C $7,000
Previous Owner Brucker Andrew C $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $1,055,000 -21.9% $329 / Sq Ft
08/09/2023 08/09/23 Price Changed $1,350,000 -6.9% $421 / Sq Ft
07/26/2023 07/26/23 For Sale $1,450,000 -- $452 / 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 $8,373 $100,020 $23,260 $76,760
2023 $8,373 $100,020 $23,260 $76,760
2022 $5,998 $65,940 $18,280 $47,660
2021 $6,171 $67,840 $18,800 $49,040
2020 $4,945 $56,410 $11,440 $44,970
2019 $4,994 $56,410 $11,440 $44,970
2018 $4,979 $55,450 $11,520 $43,930
2017 $4,750 $55,450 $11,520 $43,930
2016 $4,629 $53,210 $12,740 $40,470
2015 -- $53,210 $12,740 $40,470
2014 $3,479 $42,650 $12,740 $29,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 180365

Aspen Glenwood MLS

APN: R031457