326 Knight Rd Basalt, CO 81621
Estimated Value: $1,769,000 - $2,634,000
4
Beds
4
Baths
3,366
Sq Ft
$626/Sq Ft
Est. Value
Highlights
- Main Floor Primary Bedroom
- Corner Lot
- Cul-De-Sac
- Hydromassage or Jetted Bathtub
- No HOA
- Views
About This Home
As of September 2020Private, serene and superb views best describe this mountain home in Basalt's Frying Pan Valley. Perched up high and tucked into Seven Castles, this approximately 2 acre property is just 5 miles from downtown Basalt. The upper living level includes the great room, kitchen, dining room, master suite and 2 guest bedrooms. There is a 4th bedroom on the lower level which is designed as a self-contained nonconforming guest/caretaker's quarters. The property's landscaping is mature and well cared for. The outdoor living and entertaining spaces are expansive. Whether you are looking for a permanent home, a vacation getaway and/or an investment property, this is the one.There is rental history available to qualified buyers and while this property has limited homeowner's guidelines, there are NO HOA dues and the property is served by a well performing well. There is rental history available to qualified buyers and while this property has limited homeowner's guidelines, there are NO HOA dues and the property is served by a well performing well.
Last Agent to Sell the Property
Aspen Snowmass Sotheby's International Realty-Snowmass Village Brokerage Phone: (970) 923-2006 License #FA40005762 Listed on: 06/16/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,562
Year Built
- Built in 2002
Lot Details
- 1.93 Acre Lot
- Cul-De-Sac
- Southern Exposure
- Landscaped
- Corner Lot
- Property is in excellent condition
Parking
- 2 Car Garage
Home Design
- Frame Construction
- Metal Roof
- Wood Siding
Interior Spaces
- 3,366 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Window Treatments
- Crawl Space
- Home Security System
- Property Views
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- 4 Full Bathrooms
- Hydromassage or Jetted Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Location
- Mineral Rights Excluded
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Propane
- Water Rights Not Included
- Well
- Septic Tank
- Septic System
- Cable TV Available
Community Details
- No Home Owners Association
- Seven Castles Subdivision
Listing and Financial Details
- Assessor Parcel Number 246701301007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2020
Closed on
Sep 10, 2020
Sold by
Smith Family Trust
Bought by
Wilkie Margaret May and Wilkie John W
Seller's Agent
Garrett Reuss
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Buyer's Agent
Leah Moriarty
Plus Real Estate
List Price
$1,350,000
Sold Price
$1,220,000
Premium/Discount to List
-$130,000
-9.63%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$887,382
Avg. Annual Appreciation
13.00%
Original Mortgage
$750,950
Outstanding Balance
$676,923
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,519,484
Purchase Details
Closed on
Jun 5, 2014
Sold by
Smith Kenneth M and Smith Robin J
Bought by
Smith Family Trust
Purchase Details
Closed on
May 31, 2002
Sold by
Smith Kenneth M and Gum Robin J
Bought by
Smith Kenneth M and Smith Robin J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.89%
Purchase Details
Closed on
May 17, 2001
Sold by
Perrick Priscilla Anne
Bought by
Smith Kenneth M and Gum Robin J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,700
Interest Rate
6.99%
Purchase Details
Closed on
Oct 1, 1973
Similar Homes in Basalt, CO
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wilkie Margaret May | $1,220,000 | Land Title Guarantee Co | |
| Smith Kenneth M | -- | Stewart Title | |
| Smith Kenneth M | $221,000 | Stewart Title | |
| -- | $14,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wilkie Margaret May | $750,950 | |
| Previous Owner | Smith Kenneth Michael | $300,000 | |
| Previous Owner | Smith Kenneth M | $417,000 | |
| Previous Owner | Smith Kenneth M | $560,000 | |
| Previous Owner | Smith Kenneth M | $720,000 | |
| Previous Owner | Smith Kenneth M | $144,000 | |
| Previous Owner | Smith Kenneth M | $160,000 | |
| Previous Owner | Smith Kenneth M | $451,000 | |
| Previous Owner | Smith Kenneth M | $450,000 | |
| Previous Owner | Smith Kenneth M | $154,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2020 09/10/20 | Sold | $1,220,000 | -9.6% | $362 / Sq Ft |
| 07/31/2020 07/31/20 | Pending | -- | -- | -- |
| 06/16/2020 06/16/20 | For Sale | $1,350,000 | -- | $401 / Sq Ft |
Source: Aspen Glenwood MLS
Tax History Compared to Growth
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 | $7,870 | $105,730 | $45,830 | $59,900 |
| 2023 | $7,870 | $105,730 | $45,830 | $59,900 |
| 2022 | $3,604 | $44,840 | $13,900 | $30,940 |
| 2021 | $3,704 | $46,130 | $14,300 | $31,830 |
| 2020 | $3,528 | $46,130 | $14,300 | $31,830 |
| 2019 | $3,562 | $46,130 | $14,300 | $31,830 |
| 2018 | $3,744 | $48,040 | $14,400 | $33,640 |
| 2017 | $3,545 | $48,040 | $14,400 | $33,640 |
| 2016 | $3,104 | $41,320 | $13,930 | $27,390 |
Source: Public Records
Agents Affiliated with this Home
-
Garrett Reuss
G
Seller's Agent in 2020
Garrett Reuss
Aspen Snowmass Sotheby's International Realty-Snowmass Village
(970) 379-3458
208 Total Sales
-
Doug Leibinger
D
Seller Co-Listing Agent in 2020
Doug Leibinger
Compass Aspen
(970) 948-0773
151 Total Sales
-
Leah Moriarty
L
Buyer's Agent in 2020
Leah Moriarty
Plus Real Estate
(970) 923-2006
33 Total Sales
Map
Source: Aspen Glenwood MLS
MLS Number: 164754
APN: R027490
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