NOT LISTED FOR SALE

402 Lakeside Dr Basalt, CO 81621

Estimated Value: $957,602 - $1,072,000

2 Beds
2 Baths
1,098 Sq Ft
$904/Sq Ft Est. Value

Last Sold December 01, 2017

Last sale price $468,000 $426 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $5,546/month

32 Days on Market

Highlights

  • Lake, Pond or Stream
  • Resident Manager or Management On Site
  • Forced Air Heating System
  • Patio
  • Laundry Room
  • 2 Car Garage

About This Home

As of December 2017

This 2 bed/2bath townhome features lakeside views and is conveniently located in Willits, one of the valley's favorite locations. The property is well maintained and features an oversized tandem two car garage, private deck, an open kitchen/living room and plenty of windows providing natural light. Walk to all the new restaurants and shops Basalt/Willits has to offer.

Last Agent to Sell the Property

Thomas Carr

Leverich and Carr Real Estate Brokerage Phone: (970) 925-5400 License #FA40018967 Listed on: 09/14/2017

Last Buyer's Agent

Ivan Skoric

Aspen Snowmass Sotheby's International Realty-Snowmass Village License #EA.40029073

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,094

Year Built

  • Built in 2003

Lot Details

  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof

Interior Spaces

  • 1,098 Sq Ft Home
  • 3-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Lake, Pond or Stream
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 246511226023

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include contingency fund, management, sewer, insurance, trash, snow removal, ground maintenance
  • Willits Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,094

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Inclusions: Dryer, Refrigerator, Washer, Range, Microwave, Dishwasher
  • Subdivision Name: Willits
  • Directions: Willits - Hwy 82 to Mid Valley Medical Center. Exit to East Valley Road to Lakeside Drive #402.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2003
  • Tax Parcel Letter: R050736
  • Attribution Contact: (970) 925-5400
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: -
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 2094.08
  • Financing Info:Tax Year2: 2016
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • HOA Fees Includes:Management: Yes
  • Miscellaneous:Under Construction3: No
  • Roof:Composition Shingles: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • Style:Two Story: Yes
  • Water:Community: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1098.0

Exterior Features

  • Construction Type: Frame
  • Property Condition: Excellent
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car
  • General Info:Garage SqFt: 589.0

Utilities

  • Laundry Features: Inside
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Community
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Pets Allowed/Renter
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Pond Stream Lake: Yes

Fee Information

  • Association Fee Includes: Contingency Fund, Management, Sewer, Insurance, Trash, Snow Removal, Maintenance Grounds

Lot Info

  • Parcel #: 246511226023
  • Zoning: -

Tax Info

  • Tax Annual Amount: 2094.08
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2017
Closed on
Dec 1, 2017
Sold by
Neiley Marianne E
Bought by
Shannon John P and Shannon Marianne
Seller's Agent
Thomas Carr
Leverich and Carr Real Estate
Buyer's Agent
Ivan Skoric
Aspen Snowmass Sotheby's International Realty-Snowmass Village
List Price
$475,900
Sold Price
$468,000
Premium/Discount to List
-$7,900
-1.66%
Current Estimated Value
$992,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,901
Avg. Annual Appreciation
9.83%
Original Mortgage
$421,200
Outstanding Balance
$354,062
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$638,839

Purchase Details

Closed on
Jul 5, 2007
Sold by
Ritthaler Rainer
Bought by
Neiley Marianne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,300
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
May 7, 2001
Sold by
The Willits Group Llc
Bought by
Ritthaler Rainer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
8.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Shannon John P $468,000 Land Title Guarantee Co
Neiley Marianne E $549,000 None Available
Ritthaler Rainer $278,000 Pitkin County Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shannon John P $421,200
Previous Owner Neiley Marianne E $384,300
Previous Owner Ritthaler Rainer $222,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2017 12/01/17 Sold $468,000 -1.7% $426 / Sq Ft
10/17/2017 10/17/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $475,900 -- $433 / 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 $3,872 $46,250 $5,550 $40,700
2023 $3,872 $46,250 $5,550 $40,700
2022 $2,859 $31,430 $3,770 $27,660
2021 $2,942 $32,340 $3,880 $28,460
2020 $2,746 $31,320 $3,760 $27,560
2019 $2,773 $31,320 $3,760 $27,560
2018 $2,460 $27,400 $3,290 $24,110
2017 $2,347 $27,400 $3,290 $24,110
2016 $2,094 $24,070 $2,890 $21,180
2015 -- $24,070 $2,890 $21,180
2014 $1,551 $19,010 $2,280 $16,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 150864

Aspen Glenwood MLS

APN: R050736