NOT LISTED FOR SALE

325 Meadow Dr Basalt, CO 81621

Estimated Value: $1,816,000 - $2,113,000

3 Beds
2.5 Baths
2,378 Sq Ft
$838/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $1,250,000 $526 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $11,180/month

29 Days on Market

Highlights

  • Green Building
  • Steam Shower
  • Patio
  • Main Floor Primary Bedroom
  • Corner Lot
  • Laundry Room

About This Home

As of June 2021

Rare vacant Willits home on corner lot with treed private backyard. Great rental history; first time available in 10 years. Keep as an income property or bring your custom touch. No need to wait for a home to be built! Main floor master bedroom with large tub and separate steam shower. Wrap around main living area adjoining the kitchen. Office/Den on main level as well. Upstairs has two bedrooms, full bath and decent size attic. Near Whole Foods, Starbucks and abundant parks/open space and trails!

Last Agent to Sell the Property

Thomas Morgan

Andrus & Morgan Co. License #ER40032085 Listed on: 03/10/2021

Last Buyer's Agent

Bruce Johnson

Douglas Elliman Real Estate-Hyman Ave License #FA100029224

Douglas Elliman Real Estate-Hyman Ave

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,463

Year Built

  • Built in 1999

Lot Details

  • 10,018 Sq Ft Lot
  • Fenced
  • Fence is in average condition
  • Corner Lot
  • Interior Lot
  • Landscaped with Trees
  • Property is in average condition

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 2,378 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Crawl Space

Kitchen

  • Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Green Building
  • Patio

Community Details

  • Association fees include sewer
  • Sopris Meadows One Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246502307002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,463

Year Built

Built in 1999

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Inclusions: Ceiling Fan, Dryer, Freezer, Refrigerator, Washer, Window Coverings, Range, Dishwasher
  • Subdivision Name: Sopris Meadows One
  • Directions: Willits Lane to Meadow Drive, On corner of Meadow Drive and Sopris Circle
  • Architectural Style: Two Story
  • Master Model: No
  • New Construction: No
  • Year Built: 1999
  • Tax Parcel Letter: R044268
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 4463.0
  • Financing Info:Tax Year2: 2020
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Range: Yes
  • Extras:Cable TV: Yes
  • Substructure:Crawl Space: Yes
  • Extras:Fence: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Condition:Average: Yes
  • Style:Two Story: Yes
  • Cooling:Central AC: Yes
  • Inclusions:Freezer: Yes
  • Extras:Steam Shower: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 500.0
  • General Info:Main Floor Primary: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2378.0
  • Fireplace:Gas: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Interior Lot, Corner Lot
  • Disclosures: 1031 Exchange, Seller Lic RE Agent
  • Construction Type: Frame
  • Property Condition: Average
  • Construction:Frame: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking Area Total Parking: 2.0

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 125.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 125.0
  • Financing Info:Association Fee Frequency2: Quarterly
  • Location Amenities:Interior Lot: Yes
  • Location Amenities:Corner Lot: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 10018.0
  • Parcel #: 246502307002
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 4463.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
Jun 2, 2021
Sold by
Kth Enterprises Llc
Bought by
Lowell Ian and Lowell Alysia
Seller's Agent
Thomas Morgan
Andrus & Morgan Co.
Buyer's Agent
Bruce Johnson
Douglas Elliman Real Estate-Hyman Ave
List Price
$1,486,250
Sold Price
$1,250,000
Premium/Discount to List
-$236,250
-15.9%
Current Estimated Value
$1,991,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$741,578
Avg. Annual Appreciation
10.73%
Original Mortgage
$1,125,000
Outstanding Balance
$1,018,547
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$973,031

Purchase Details

Closed on
Oct 12, 2011
Sold by
Fallin Pat Finley
Bought by
Kth Enterprises Llc

Purchase Details

Closed on
Sep 5, 2006
Sold by
Piper Nicholas and Egelhoff John
Bought by
Fallin Pat Finley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2005
Sold by
Johnson John B and Steele Eden C
Bought by
Piper Nicholas and Egelhoff John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6.06%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 31, 2000
Sold by
David Cleveland Const & Maintenance Llc
Bought by
Johnson John B and Steele Eden C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
8%

Purchase Details

Closed on
Apr 22, 1999
Sold by
Beadleston Helen Hazard and Beadleston Alfred N
Bought by
David Cleveland Const & Maintenance Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
7.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lowell Ian $1,250,000 Land Title Guarantee
Kth Enterprises Llc $470,000 Stewart Title
Fallin Pat Finley $760,000 Land Title Guarantee Company
Piper Nicholas $620,000 Land Title Guarantee Company
Johnson John B $421,000 Land Title
David Cleveland Const & Maintenance Llc $111,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowell Ian $1,125,000
Previous Owner Fallin Pat Finley $608,000
Previous Owner Piper Nicholas $496,000
Previous Owner Johnson John B $325,000
Previous Owner David Cleveland Const & Maintenance Llc $111,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2021 06/03/21 Sold $1,250,000 -15.9% $526 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $1,486,250 -- $625 / 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 $8,432 $100,720 $28,760 $71,960
2023 $8,432 $100,720 $28,760 $71,960
2022 $5,546 $60,970 $15,290 $45,680
2021 $5,706 $62,730 $15,730 $47,000
2020 $4,463 $50,910 $15,370 $35,540
2019 $4,508 $50,910 $15,370 $35,540
2018 $4,708 $52,430 $13,100 $39,330
2017 $4,491 $52,430 $13,100 $39,330
2016 $4,014 $46,140 $12,340 $33,800
2015 -- $46,140 $12,340 $33,800
2014 $3,199 $39,210 $5,970 $33,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 168981

Aspen Glenwood MLS

APN: R044268