NOT LISTED FOR SALE

360 W Sopris Creek Rd Basalt, CO 81621

Estimated Value: $1,489,933 - $2,066,000

4 Beds
3 Baths
1,932 Sq Ft
$895/Sq Ft Est. Value

Last Sold July 12, 2018

Last sale price $745,000 $386 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $10,087/month

12 Days on Market

Highlights

  • Horse Property
  • Maid or Guest Quarters
  • Lake, Pond or Stream
  • Green Building
  • Wood Burning Stove
  • No HOA

About This Home

As of July 2018

Incredibly rare opportunity! This 2.65-acre horse property is located on the beautiful West Sopris Creek with views of Mt. Sopris. Live only 10 minutes from Willits and less than 30 minutes from Aspen. Keep it as an investment property because of its great rental history. Live in the 3-bedroom home and rent the ADU for additional income. The possibilities are endless! The allowable FAR is 5,750 square feet. Bonus: this property is a receiver site for TDRs!

Enjoy all of the outdoor amenities: hop on your horse or mountain bike and hit all the nearby trails on Crown Mountain; grab your fly rod and go fish the Frying Pan or Roaring Fork River; hunt on the nearby BLM land; Climb Mt. Sopris; bar-b-cue at Dinkle Lake. . . If you are even slightly outdoorsy, this is the property for you!

Last Agent to Sell the Property

Mike Eaton

Coldwell Banker Mason Morse-Willits Brokerage Phone: (970) 927-3000 License #FA.100069720 Listed on: 04/19/2018

Last Buyer's Agent

Carol Hood Peterson

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #EA329031

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,209

Year Built

  • Built in 1986

Lot Details

  • 2.65 Acre Lot
  • Home has sun exposure from multiple directions
  • Southern Exposure
  • Fenced
  • Interior Lot
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is in good condition
  • Property is zoned AR-10

Home Design

  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1,932 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Property Views

Kitchen

  • Oven
  • Stove
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Carport

Outdoor Features

  • Lake, Pond or Stream
  • Horse Property
  • Storage Shed

Utilities

  • Heating Available
  • Water Rights
  • Well
  • Septic Tank
  • Septic System

Additional Features

  • Green Building
  • Mineral Rights Excluded

Community Details

  • No Home Owners Association
  • Nystrom Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246524201011

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,209

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.65
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Stove Top, Range, Dishwasher
  • Subdivision Name: Nystrom
  • Directions: Turn off of Hwy 82 onto Emma road. Take Emma Rd to Sopris Creek Road. Turn right at the ''T'' onto W Sopris Creek Rd. Drive 1/3 of a mile and property on left.
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1986
  • Tax Parcel Letter: R008036
  • Attribution Contact: (970) 927-3000
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: AR-10
  • 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
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 3209.04
  • Financing Info:Tax Year2: 2017
  • Extras:GuestCaretaker Qtrs: Yes
  • Inclusions:Dishwasher: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Substructure:Slab: Yes
  • Condition:Good: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Exterior:Stucco: Yes
  • Style:Two Story: Yes
  • Sanitation:Septic: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Stove Top: Yes
  • Roof:Metal: Yes
  • Extras:Storage Shed: Yes
  • Water Rights:Yes3: Yes
  • Water:Well - Household: Yes
  • Carport:_one_ Car: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 1932.0

Exterior Features

  • Fencing: Fenced
  • Lot Features: Interior Lot
  • Disclosures: Deed Restrict
  • Construction Type: Wood Siding, Stucco, Frame
  • Foundation Details: Slab
  • Property Condition: Good
  • Roof: Metal
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 1 Car
  • General Info:Garage SqFt: 193.0

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Heating: Wood Stove, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well - Household
  • Heating:Electric: Yes
  • Heating:Wood Stove: Yes

Association/Amenities

  • Listing Info:Member Association: Glenwood Association
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Interior Lot: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Horse Property: Yes
  • Location Amenities:Pond Stream Lake: Yes

Lot Info

  • Lot Size Sq Ft: 115672.0
  • Parcel #: 246524201011
  • Zoning: AR-10
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3209.04
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2018
Closed on
Jul 12, 2018
Sold by
360 West Sopris Creek Llc
Bought by
Hood Justin P and Hood Logan J
Seller's Agent
Mike Eaton
Coldwell Banker Mason Morse-Willits
Buyer's Agent
Carol Hood Peterson
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$749,900
Sold Price
$745,000
Premium/Discount to List
-$4,900
-0.65%
Total Days on Market
12
Current Estimated Value
$1,729,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$984,983
Avg. Annual Appreciation
11.78%
Original Mortgage
$633,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 27, 2016
Closed on
Oct 3, 2016
Sold by
Baxter Katherine Bartlett
Bought by
360 West Sopris Creek Llc
Seller's Agent
Krista Klees
Palladium Properties
Buyer's Agent
non- member
Non-Member Office
List Price
$699,000
Sold Price
$461,875
Premium/Discount to List
-$237,125
-33.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.01%
Original Mortgage
$369,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Hood Justin P $745,000 Land Title Guarantee Co
360 West Sopris Creek Llc $461,875 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hood Justin P $700,000
Closed Hood Justin P $633,250
Previous Owner 360 West Sopris Creek Llc $369,500
Previous Owner 360 West Sopris Creek Llc $436,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2018 07/12/18 Sold $745,000 -0.7% $386 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $749,900 +62.4% $388 / Sq Ft
10/04/2016 10/04/16 Sold $461,875 -33.9% $239 / Sq Ft
09/12/2016 09/12/16 Pending -- -- --
06/27/2016 06/27/16 For Sale $699,000 -- $362 / 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 $4,951 $62,980 $41,140 $21,840
2023 $4,951 $66,290 $43,970 $22,320
2022 $3,992 $48,730 $27,800 $20,930
2021 $4,096 $50,130 $28,600 $21,530
2020 $3,094 $39,370 $26,810 $12,560
2019 $3,094 $39,370 $26,810 $12,560
2018 $3,405 $39,640 $27,000 $12,640
2017 $3,209 $42,660 $30,600 $12,060
2016 $2,943 $38,330 $29,850 $8,480
2015 $2,340 $38,330 $29,850 $8,480
2014 $1,949 $34,570 $26,670 $7,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 153620

Aspen Glenwood MLS

APN: R008036