NOT LISTED FOR SALE

40 Riversedge Ct Unit A Basalt, CO 81621

Estimated Value: $741,304 - $1,376,000

2 Beds
1.5 Baths
1,321 Sq Ft
$767/Sq Ft Est. Value

Last Sold September 14, 2015

Last sale price $472,500 $358 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $5,858/month

97 Days on Market

Highlights

  • Spa
  • Cul-De-Sac
  • Laundry Room
  • Green Building
  • Views
  • 5-minute walk to Arbaney Park

About This Home

As of September 2015

NO HOA DUES! Situated right in the heart of downtown Basalt, this lovely open-plan 2 bedroom half-duplex feels

as spacious as a single family home. An added bonus is that there are no HOA dues! Located at

the end of a quiet cul-de-sac with a large yard, hot tub, storage and 180 degree views, you’re just

a brief stroll to all the restaurants, galleries and shops. The recently replaced roof & water heater

plus beautifully updated kitchen and appliances, make this an absolute gem of a property!

Last Listed By

Laura Gee

Woodbridge Realty Unlimited Listed on: 04/15/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,929

Year Built

  • Built in 1983

Lot Details

  • 4,792 Sq Ft Lot
  • Cul-De-Sac
  • Fenced
  • Landscaped
  • Gentle Sloping Lot
  • Sprinkler System
  • Property is in good condition

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,321 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Green Building

Outdoor Features

  • Spa
  • Storage Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • River Edge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246708311014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,929

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Inclusions: Ceiling Fan, Dryer, Refrigerator, Washer, Range, Microwave, Dishwasher
  • Subdivision Name: River Edge
  • Directions: From Midland Avenue in Basalt turn Right onto Riverside Drive. Travel along Riverside Drive for about 1/2 mile then turn right onto Riversedge Court. House will be on the right.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1983
  • Tax Parcel Letter: R028023
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 1929.12
  • Financing Info:Tax Year2: 2014
  • Extras:Landscaping: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Extras:Lawn Sprinklers: Yes
  • Condition:Good: Yes
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Cooling:None: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Style:Two Story: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Storage Shed: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1321.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cul-De-Sac, Landscaped
  • Construction Type: Wood Siding, Frame
  • Property Condition: Good
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 1 Car
  • General Info:Garage SqFt: 240.0

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Cul-de-Sac: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 4792.0
  • Parcel #: 246708311014
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1929.12
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2006
Sold by
Mcbride Peter Mack
Bought by
Lockrem Christopher and Berens Amy
Total Days on Market
97
Current Estimated Value
$1,013,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,150
Interest Rate
6.64%
Mortgage Type
Unknown

Purchase Details

Closed on
May 29, 2001
Sold by
Robinson Curtis H and Robinson Donna
Bought by
Mcbride Peter Mack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.1%

Purchase Details

Closed on
Mar 30, 2000
Sold by
Schroeder Jacqueline Lee
Bought by
Robinson Curtis H and Robinson Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
10.5%

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
Lockrem Christopher $485,000 Stewart Title
Mcbride Peter Mack $314,000 Pitkin County Title Inc
Robinson Curtis H $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobor Charles Edward $1,475,000
Closed Hobor Charles Edward $347,700
Closed Hobor Charles Edward $378,000
Closed Berens Amy $15,000
Closed Lockrem Christopher D $121,150
Closed Lockrem Christopher $385,000
Closed Lockrem Christopher D $121,150
Closed Lockrem Christopher $389,000
Closed Lockrem Christopher $25,000
Closed Lockrem Christopher D $121,150
Closed Lockrem Christopher $363,750
Previous Owner Mcbride Peter Mack $152,500
Previous Owner Mcbride Peter Mack $160,000
Previous Owner Robinson Curtis H $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2015 09/14/15 Sold $472,500 -7.2% $358 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $509,000 -- $385 / 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 $2,882 $34,510 $4,500 $30,010
2023 $2,882 $34,510 $4,500 $30,010
2022 $2,573 $28,040 $5,170 $22,870
2021 $2,686 $28,840 $5,320 $23,520
2020 $2,298 $25,590 $4,560 $21,030
2019 $2,325 $25,590 $4,560 $21,030
2018 $2,421 $26,260 $4,590 $21,670
2017 $2,315 $26,260 $4,590 $21,670
2016 $1,948 $21,770 $4,230 $17,540
2015 -- $21,770 $4,230 $17,540
2014 $1,929 $22,900 $3,550 $19,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 138564

Aspen Glenwood MLS

APN: R028023