NOT LISTED FOR SALE

402 Wild Spring Ln Basalt, CO 81621

Estimated Value: $1,703,000 - $1,946,550

3 Beds
3.5 Baths
1,960 Sq Ft
$937/Sq Ft Est. Value

Last Sold February 04, 2019

Last sale price $737,000 $376 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $10,116/month

145 Days on Market

Highlights

  • Green Building
  • Patio
  • Ceiling Fan
  • Views
  • Landscaped with Trees
  • Laundry Facilities

About This Home

As of February 2019

Welcome to this hillside end unit town home at the Wilds overlooking downtown Basalt and the Roaring Fork River. Enjoy sunrises and up-valley views from generous balconies on both levels. Located just a 3 minute drive downtown, or a 10 minute walk via lighted path. Enter the main-floor with an open kitchen, dining room, living room and powder room. The master bedroom features a private balcony and bathroom suite with jacuzzi tub, shower and double vanity. The exteriors feature the Wilds' original signature color-blocked stucco and stone with metal roof. The Wilds' amenities include summertime access to an outdoor pool and hot tub area.

Last Agent to Sell the Property

Stephanie Williams

Aspen Snowmass Sotheby's International Realty-Basalt Brokerage Phone: (970) 927-8080 License #FA40046689 Listed on: 07/26/2018

Aspen Snowmass Sotheby's International Realty-Basalt

Co-Listed By

Sara Kurz

eXp Realty LLC Brokerage Phone: (970) 927-8080 License #FA100051699

Last Buyer's Agent

Michael Latousek

Douglas Elliman Real Estate-Hyman Ave License #FA40018732

Douglas Elliman Real Estate-Hyman Ave

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,469

Year Built

  • Built in 2000

Lot Details

  • 1,612 Sq Ft Lot
  • South Facing Home
  • Southern Exposure
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 1 Car Garage

Home Design

  • Metal Roof
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • 1,960 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Property Views

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Radiant Heating System
  • Water Rights Not Included

Additional Features

  • Green Building
  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 246707430006

Community Details

Overview

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

Amenities

  • Laundry Facilities

Recreation

  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,469

Year Built

Built in 2000

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Co List Office Mls Id: ASSBA
  • Co List Office Phone: 970-927-8080
  • Inclusions: Ceiling Fan, Dryer, Oven, Refrigerator, Washer, Window Coverings, Stove Top, Range, Microwave, Dishwasher
  • Subdivision Name: The Wilds
  • Directions: Upon entering The Wilds subdivision, drive uphill and then take the first left onto Wild Spring Lane (at the mailboxes). The townhome is up ahead on the left.
  • Master Model: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2000
  • Tax Parcel Letter: R045898
  • Attribution Contact: (970) 927-8080
  • Location Info:Furnished: Unfurnished
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Short Termable: No
  • Financing Info:Taxes2: 3468.64
  • Financing Info:Tax Year2: 2018
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Miscellaneous:Under Construction3: No
  • Condition:Good: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • Unit Faces:South: Yes
  • Exterior:Stucco: Yes
  • Style:Two Story: Yes
  • Water:Community: Yes
  • Inclusions:Oven: Yes
  • Home Performance Programs:Energy Star Rated: No
  • Inclusions:Stove Top: Yes
  • Roof:Metal: Yes
  • Financing Info:HOA Dues YN: Yes
  • Listing Info In Foreclosure: No
  • Keywords Info Garage Spaces: 1.0
  • General Info:Main Floor Primary: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1960.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Stone Veneer, Stucco
  • Property Condition: Excellent, Good
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: None
  • General Info:Garage SqFt: 319.0
  • Parking Area:None5: Yes

Utilities

  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant
  • Heating Yn: Yes
  • Water Source: Community
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

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

Lot Info

  • Lot Size Sq Ft: 1612.0
  • Parcel #: 246707430006
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 3468.64
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2018
Closed on
Feb 4, 2019
Sold by
Edmonson Alan L
Bought by
Latousek John F and Latousek Kristin L
Seller's Agent
Stephanie Williams
Aspen Snowmass Sotheby's International Realty-Basalt
Buyer's Agent
Michael Latousek
Douglas Elliman Real Estate-Hyman Ave
List Price
$795,000
Sold Price
$737,000
Premium/Discount to List
-$58,000
-7.3%
Current Estimated Value
$1,836,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,099,138
Avg. Annual Appreciation
14.14%
Original Mortgage
$470,000
Outstanding Balance
$409,965
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,426,173

Purchase Details

Closed on
Dec 14, 2004
Sold by
Edmonson Alan L
Bought by
The Alan L Edmonson Trust

Purchase Details

Closed on
Jul 30, 1997
Sold by
Deer Run Llp
Bought by
Edmonson Alan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Latousek John F $737,000 Land Title Guarantee
The Alan L Edmonson Trust -- --
Edmonson Alan L $401,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Latousek John F $470,000
Previous Owner Edmonson Alan L $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2019 02/04/19 Sold $737,000 -7.3% $376 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $795,000 -- $406 / 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 $5,934 $71,060 $8,500 $62,560
2023 $5,934 $71,060 $8,500 $62,560
2022 $5,010 $54,610 $6,520 $48,090
2021 $5,232 $56,180 $6,710 $49,470
2020 $3,777 $42,050 $5,010 $37,040
2019 $3,821 $42,050 $5,010 $37,040
2018 $3,469 $37,630 $4,480 $33,150
2017 $3,317 $37,630 $4,480 $33,150
2016 $6,372 $71,210 $8,510 $62,700
2015 -- $71,210 $8,510 $62,700
2014 -- $47,580 $5,670 $41,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 155395

Aspen Glenwood MLS

APN: R045898