NOT LISTED FOR SALE

387 Allison Ln Basalt, CO 81621

Estimated Value: $542,556 - $826,000

0.15 Acre
$4,869,260 Price per Acre
6,534 Sq Ft Lot

Last Sold May 03, 2021

Last sale price $465,000

Est. 57% increase in value since last sale

Current estimated payment $4,834/month

About This Lot

As of May 2021

Located in the quiet back corner of the Basalt's desirable Southside neighborhood, this is one of the best remaining lots in the area. The parcel is located across from Wildwood Park and the rear of the lot sits adjacent to open space ranch land which is a proposed conservation easement.The FAR for the lot is 35% of lot size plus 50% of closet space, 150 ft mechanical room and 500 sq ft of garage. Driveway approved for access from both North side and South side of the lot.


Floodplain revised since Plat was created. This property is no longer in a floodplain. See attached FEMA documentation/map


NOTE: Buyer to independently verify FAR requirements

Last Agent to Sell the Property

Layne Shea

Douglas Elliman Real Estate-Hyman Ave Brokerage Phone: (970) 925-8810 License #FA.100004067 Listed on: 05/05/2021

Douglas Elliman Real Estate-Hyman Ave

Last Buyer's Agent

Michael Latousek

Douglas Elliman Real Estate-Hyman Ave License #FA40018732

Douglas Elliman Real Estate-Hyman Ave

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,641

Lot Details

  • 6,534

HOA Fees

  • $55 Monthly HOA Fees

Additional Features

  • 6,534 Sq Ft Lot
  • Green Building
  • Mineral Rights Excluded
  • Water Rights

Community Details

  • Southside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246718117017

Property Details

Property Type

Land

Est. Annual Taxes

$6,641

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 0.15
  • Subdivision Name: Southside
  • Directions: From Highway 82 turn to Basalt Avenue. Turn right on Fiou Lane, then left on Southside Drive. Left on Meadowview. Rt on Allison Lane.
  • Tax Parcel Letter: R017452
  • Attribution Contact: (970) 925-8810
  • General Info:Zoning2: Single Family
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Financing Info:Taxes2: 6641.0
  • Financing Info:Tax Year2: 2019
  • Sanitation:Sewer: Yes
  • Mineral Rights:No2: Yes
  • Water Rights:Community2: Yes
  • General Info:ADU Allowed: No
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 660.0
  • Special Features: None

Utilities

  • Building Features: Yes
  • Utilities: Natural Gas Available

Condo/Co-op/Association

  • Association Fee: 165.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 165.0
  • Financing Info:Association Fee Frequency2: Quarterly

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 246718117017
  • Zoning: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6641.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
May 3, 2021
Sold by
Layne A Potvin Lifetime Irrevoacble Tr
Bought by
Irvin David A and Irvin Colleen Claire
Seller's Agent
Layne Shea
Douglas Elliman Real Estate-Hyman Ave
Buyer's Agent
Michael Latousek
Douglas Elliman Real Estate-Hyman Ave
List Price
$480,000
Sold Price
$465,000
Premium/Discount to List
-$15,000
-3.12%
Current Estimated Value
$730,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,389
Avg. Annual Appreciation
10.60%
Original Mortgage
$312,000
Outstanding Balance
$282,308
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$448,081

Purchase Details

Closed on
Jun 23, 2010
Sold by
Potvin Dale A and Allen Potvin Sally
Bought by
Layne A Potvin Lifetime Irrevocable Trus

Purchase Details

Closed on
Aug 27, 2007
Sold by
Potvin Dale A and Allen Potvin Sally
Bought by
Potvin Layne Allison

Purchase Details

Closed on
Oct 24, 2006
Sold by
Potvin Dale A and Allen Potvin Sally
Bought by
Potvin Layne Allison

Purchase Details

Closed on
Jan 13, 2005
Sold by
Potvin Dale A and Allen Potvin Sally
Bought by
Potvin Layne Allison

Purchase Details

Closed on
Dec 29, 2004
Sold by
Potvin Dale A and Allen Potvin Sally
Bought by
Potvin Layne Allison

Purchase Details

Closed on
Apr 21, 2003
Sold by
Potvin Dale A and Allen Potvin Sally
Bought by
Potvin Layne Allison

Purchase Details

Closed on
Feb 5, 2002
Sold by
Potvin Dale A and Allen Potvin Sally
Bought by
Potvin Layne Allison

Purchase Details

Closed on
Jan 12, 2001
Sold by
Potvin Dale A and Allen Potvin Sally
Bought by
Potvin Layne Allison
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Irvin David A $465,000 Title Company Of The Rockies
Layne A Potvin Lifetime Irrevocable Trus -- None Available
Layne A Potvin Lifetime Irrevocable Trus -- None Available
Potvin Layne Allison -- None Available
Potvin Layne Allison -- None Available
Potvin Layne Allison -- --
Potvin Layne Allison -- --
Potvin Layne Allison -- --
Potvin Layne Allison -- --
Potvin Layne Allison -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irvin David A $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2021 05/05/21 For Sale $480,000 +3.2% --
05/03/2021 05/03/21 Sold $465,000 -- --
04/02/2021 04/02/21 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 $11,012 $125,550 $125,550 $0
2023 $11,012 $125,550 $125,550 $0
2022 $7,440 $79,750 $79,750 $0
2021 $7,540 $79,750 $79,750 $0
2020 $6,688 $72,500 $72,500 $0
2019 $6,688 $72,500 $72,500 $0
2018 $6,408 $72,500 $72,500 $0
2017 $6,105 $68,150 $68,150 $0
2016 $5,286 $58,000 $58,000 $0
2015 $5,182 $58,000 $58,000 $0
2014 $3,746 $43,500 $43,500 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Layne Shea

    Douglas Elliman Real Estate-Hyman Ave

    (970) 379-4781

    32 Total Sales

    Layne Shea
    Section Image
  • Michael Latousek

    Buyer's Agent in 2021

    Michael Latousek

    Douglas Elliman Real Estate-Hyman Ave

    (970) 925-8821

    43 Total Sales

    Michael Latousek
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 169838

Aspen Glenwood MLS

APN: R017452

Colorado Pitkin County Basalt 81621

387 Allison Ln, Basalt, CO

This home is located at 387 Allison Ln, Basalt, CO 81621 since 05 May 2021 and is currently estimated at $730,389. 387 Allison Ln is a home located in Pitkin County with nearby schools including Cornerstone Classical School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Aspen Glenwood MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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