403 Lester Ln Basalt, CO 81621
Estimated Value: $3,943,000 - $5,580,000
4
Beds
4
Baths
3,500
Sq Ft
$1,266/Sq Ft
Est. Value
Highlights
- Barn
- 25.5 Acre Lot
- Wood Burning Stove
- Horse Property
- Green Building
- No HOA
About This Home
As of January 2023A unique opportunity to own 35,000sf of space on 25.5 acres bordering BLM land with stunning views overlooking the entire Basalt valley. The existing structure cannot be replicated in Pitkin County and includes 3,500sf of attached residential space with 4+ bedrooms. Currently outfitted with an indoor riding arena but could easily be converted to a sport court or other use. Conveniently located just 4 minutes to Willits.
Equestrian amenities: 20 indoor stalls, 4 oversized grooming stalls, 2 oversized wash stalls, 2 tack rooms, a feed room, hay storage, tractor garage, viewing lounge, 100' x 150' outdoor arena.
Last Listed By
The Agency Aspen Brokerage Phone: (970) 429-4255 License #FA.100049563 Listed on: 01/11/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,663
Year Built
- Built in 2000
Lot Details
- 25.5 Acre Lot
- Northeast Facing Home
- Fenced
- Property is in good condition
- Property is zoned AR 10
Parking
- 3 Car Garage
Home Design
- Slab Foundation
- Metal Roof
- Metal Siding
Interior Spaces
- 3,500 Sq Ft Home
- 2-Story Property
- Wood Burning Stove
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Horse Property
- Patio
Farming
- Barn
- Agricultural
Utilities
- Baseboard Heating
- Propane
- Water Rights
- Septic Tank
- Septic System
- Cable TV Available
Additional Features
- Green Building
- Mineral Rights Excluded
Listing and Financial Details
- Assessor Parcel Number 246515101004
Community Details
Overview
- No Home Owners Association
- Happy Day Ranch Subdivision
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 11, 2023
Closed on
Jan 27, 2023
Sold by
Wjwj Ranch Holdings Ii Llc
Bought by
Elk Run Ranch Basalt Holdings Llc
Seller's Agent
Lauren Bullard
The Agency Aspen
Buyer's Agent
Chris Flynn
The Agency Aspen
List Price
$3,950,000
Sold Price
$3,700,000
Premium/Discount to List
-$250,000
-6.33%
Total Days on Market
73
Views
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$732,153
Avg. Annual Appreciation
12.24%
Purchase Details
Closed on
Sep 30, 2016
Sold by
Crown View Ranch Llc
Bought by
Wjwj Ranch Holdings Ii Llc
Purchase Details
Closed on
Apr 12, 2013
Sold by
Strudel Holdings Llc
Bought by
Crown View Ranch Llc
Purchase Details
Closed on
Mar 15, 2012
Sold by
Regions Bank
Bought by
Strudel Holdings Llc
Purchase Details
Closed on
Apr 20, 2011
Sold by
Strecher Jonathan and Fisher Pam
Bought by
Regions Bank
Purchase Details
Closed on
Apr 27, 2006
Sold by
Fisher Pamela and Stretcher Jonathan
Bought by
Fisher Pam and Strecher Jonathan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Apr 26, 2006
Sold by
Road To Bucks Llc
Bought by
Fisher Pamela and Stretcher Jonathan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Basalt, CO
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Elk Run Ranch Basalt Holdings Llc | -- | -- | |
| Elk Run Ranch Basalt Holdings Llc | $3,700,000 | Land Title | |
| Wjwj Ranch Holdings Ii Llc | $3,100,000 | Land Title Guarantee Company | |
| Crown View Ranch Llc | -- | None Available | |
| Strudel Holdings Llc | -- | None Available | |
| Regions Bank | -- | None Available | |
| Fisher Pam | -- | None Available | |
| Fisher Pamela | $2,000,000 | None Available | |
| Fisher Pamela | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Crown View Ranch Llc | $10,400,000 | |
| Previous Owner | Crown View Ranch Llc | $4,500,000 | |
| Previous Owner | Strudel Holdings Llc | $5,000,000 | |
| Previous Owner | Fisher Pam | $500,000 | |
| Previous Owner | Strecher Jonathan | $1,249,995 | |
| Previous Owner | Fisher Pam | $250,000 | |
| Previous Owner | Fisher Pamela | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/27/2023 01/27/23 | Sold | $3,700,000 | -6.3% | $1,057 / Sq Ft |
| 11/03/2022 11/03/22 | For Sale | $3,950,000 | -- | $1,129 / Sq Ft |
Source: Aspen Glenwood MLS
Tax History Compared to Growth
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 | $19,276 | $245,220 | $72,610 | $172,610 |
| 2023 | $19,276 | $250,310 | $74,120 | $176,190 |
| 2022 | $16,239 | $198,240 | $76,450 | $121,790 |
| 2021 | $16,663 | $203,950 | $78,650 | $125,300 |
| 2020 | $16,626 | $211,550 | $78,650 | $132,900 |
| 2019 | $16,626 | $211,550 | $78,650 | $132,900 |
| 2018 | $16,969 | $213,030 | $79,200 | $133,830 |
| 2017 | $15,994 | $212,620 | $79,200 | $133,420 |
| 2016 | $15,235 | $198,430 | $55,720 | $142,710 |
| 2015 | $15,290 | $198,430 | $55,720 | $142,710 |
| 2014 | $13,371 | $182,550 | $51,740 | $130,810 |
Source: Public Records
Agents Affiliated with this Home
-
Lauren Bullard
L
Seller's Agent in 2023
Lauren Bullard
The Agency Aspen
(970) 987-4633
11 Total Sales
-
Chris Flynn
Seller Co-Listing Agent in 2023
Chris Flynn
The Agency Aspen
(970) 544-5825
43 Total Sales
Map
Source: Aspen Glenwood MLS
MLS Number: 177348
APN: R012907
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