NOT LISTED FOR SALE

396 Castle Ln Basalt, CO 81621

Estimated Value: $1,663,658

18.22 Acres
$91,309 Price per Acre
793,663 Sq Ft Lot

Sale Details

Date Sold: September 28, 2020

Last sale price $1,300,000

Est. 28% increase in value since last sale

Current estimated payment $11,301 / mo

65 Days on Market

Highlights

  • 18.22 Acre Lot
  • Corner Lot
  • Cul-De-Sac
  • Green Building
  • No HOA
  • Views

About This Lot

As of September 2020

18 Acres of pure splendor! This incredible homesite located in the heart of Basalt's Frying Pan Valley is just 5 miles from downtown Basalt, and offers some of the most dramatic views in the Valley. You can see for miles both up and down the Frying Pan Valley and over the Frying Pan River. There are 4 well permits in place on the property - 2 of which have been drilled and are complete with pumps - and numerous locations to site your estate. Recent improvements include architectural plans, entry monument as well as fencing around the entire property. There are no covenants and no HOA dues. Enjoy snowmobiling, horseback riding, mountain biking, hiking and fishing right out your door. Ruedi Reservoir is less than 10 miles away where you can boat, sail or paddle board.

Last Agent to Sell the Property

Garrett Reuss

Aspen Snowmass Sotheby's International Realty-Snowmass Village Brokerage Phone: (970) 923-2006 License #FA40005762 Listed on: 06/24/2020

Last Buyer's Agent

Michael Perau

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA.40020953

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,484

Lot Details

  • 18.22 Acre Lot
  • Cul-De-Sac
  • Corner Lot
  • Steep Slope
  • Unpaved Streets

Additional Features

  • Green Building
  • Mineral Rights Excluded
  • Property Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 246701400002

Property Details

Property Type

Land

Est. Annual Taxes

$14,484

Lot Details

18.22 Acres

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 18.22
  • Subdivision Name: None
  • Directions: Frying Pan Road to Knight Road - turn left to Castle Lane - turn right - follow Castle Lane to end. Lot is at the end of Castle Lane.
  • Tax Parcel Letter: R027510
  • Attribution Contact: (970) 923-2006
  • General Info:Zoning2: Residential
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Financing Info:Taxes2: 14484.0
  • Financing Info:Tax Year2: 2019
  • Mineral Rights:No2: Yes
  • Lot Description:Corner Lot2: Yes
  • Lot Description:Cul-de-Sac2: Yes
  • General Info:ADU Allowed: No
  • Access:Unpaved: Yes
  • Lot Description:Steep: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Utilities

  • Building Features: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 793663.0
  • Parcel #: 246701400002
  • Zoning: Residential
  • ResoLotSizeUnits: Acres
  • Lot Description View: Yes

Tax Info

  • Tax Annual Amount: 14484.0
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Sep 28, 2020
Sold by
Bought by
Seller's Agent
Garrett Reuss
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Buyer's Agent
Michael Perau
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$1,375,000
Sold Price
$1,300,000
Premium/Discount to List
-$75,000
-5.45%
Current Estimated Value
$1,663,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,658
Avg. Annual Appreciation
4.40%

Purchase Details

Listed on
Jun 24, 2020
Closed on
Sep 25, 2020
Sold by
Bought by
Seller's Agent
Garrett Reuss
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Buyer's Agent
Michael Perau
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$1,375,000
Sold Price
$1,300,000
Premium/Discount to List
-$75,000
-5.45%

Purchase Details

Closed on
Dec 5, 2017
Sold by
Bought by

Purchase Details

Closed on
Dec 24, 2008
Sold by
Bought by

Purchase Details

Closed on
May 20, 2005
Sold by
Bought by

Purchase Details

Closed on
Jan 20, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,300,000 Land Title Guarantee
-- None Available
$670,000 Title Co Of The Rockies
$600,000 Stewart Title
-- Stewart Title
$850,000 Stewart Title
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/28/2020 09/28/20 Sold $1,300,000 -5.5% --
08/29/2020 08/29/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $1,375,000 -- --
Source: Aspen Glenwood MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $27,991 $344,160 $344,160 --
2024 $27,135 $364,520 $364,520 --
2023 $27,135 $364,520 $364,520 $0
2022 $15,079 $187,600 $187,600 $0
2021 $15,063 $187,600 $187,600 $0
2020 $14,349 $187,600 $187,600 $0
2019 $14,485 $187,600 $187,600 $0
2018 $15,667 $201,000 $201,000 $0
2017 $14,834 $201,000 $201,000 $0
2016 $14,578 $194,070 $194,070 $0
2015 -- $194,070 $194,070 $0
2014 $11,277 $158,030 $158,030 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Garrett Reuss

    Aspen Snowmass Sotheby's International Realty-Snowmass Village

    (970) 379-3458

    144 Total Sales

    Garrett Reuss
    Section Image

  • M

    Buyer's Agent in 2020

    Michael Perau

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 948-9122

    9 Total Sales

    Michael Perau
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 164896

Aspen Glenwood MLS

APN: R027510

Colorado Eagle County Basalt 81621

396 Castle Ln, Basalt, CO

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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