NOT LISTED FOR SALE

405 Lewis Ln Basalt, CO 81621

Estimated Value: $3,559,000 - $4,770,000

4 Beds
2.5 Baths
3,671 Sq Ft
$1,165/Sq Ft Est. Value

Last Sold April 14, 2015

Last sale price $1,800,000 $490 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $24,857/month

74 Days on Market

Highlights

  • Tennis Courts
  • River Front
  • Green Building
  • Spa
  • 1.75 Acre Lot
  • Corner Lot

About This Home

As of April 2015

If you are looking for one of the best River Front properties in the Valley, look no further. This well-appointed, four bedroom home is designed all on one level. Located on nearly two acres, the property is beautifully landscaped and has spectacular grounds stretching right to the riverbank. Perhaps you just like the sights and sound of the river? Well, you can enjoy that too, along with beautiful sunsets from your spacious deck or down by your fire pit. The spacious kitchen and dining room have a cozy and warm ambiance and the adjacent living room makes a perfect place to entertain family and friends. There is an additional bonus room, which is currently a fantastic family game room. Adjacent is a separate two car garage. One of the best opportunities in the Valley!

Last Agent to Sell the Property

Greg Didier

Aspen Snowmass Sotheby's International Realty-Snowmass Village Brokerage Phone: (970) 923-2006 License #FA40018485 Listed on: 01/02/2015

Co-Listed By

Terry Rogers

Aspen Snowmass Sotheby's International Realty-Snowmass Village Brokerage Phone: (970) 923-2006 License #EA1233565

Last Buyer's Agent

Terry Rogers

Aspen Snowmass Sotheby's International Realty-Snowmass Village Brokerage Phone: (970) 923-2006 License #EA1233565

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,723

Year Built

  • Built in 1996

Lot Details

  • 1.75 Acre Lot
  • River Front
  • West Facing Home
  • Corner Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Cabin
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 3,671 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Crawl Space
  • Property Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Green Building

Outdoor Features

  • Spa
  • Tennis Courts
  • Patio
  • Storage Shed
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Not Available
  • Water Rights
  • Water Softener
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 246503402016

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include contingency fund, management, sewer, ground maintenance
  • River Ranch Subdivision
  • On-Site Maintenance

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,723

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.75
  • Co List Office Mls Id: asssmva
  • Co List Office Phone: 970-923-2006
  • Inclusions: Ceiling Fan, Dryer, Freezer, Refrigerator, Washer, Window Coverings, Water Softener, Range, Microwave, Dishwasher
  • Subdivision Name: River Ranch
  • Directions: 82 to the Willits stop light. Turn onto Willits lane and then take a right into River Ranch Subdivision. Home is located on the River at the back of the subdivision.
  • Above Grade Finished Sq Ft: 3671.0
  • Architectural Style: Ranch, Cabin
  • Master Model: No
  • New Construction: No
  • Year Built: 1996
  • Tax Parcel Letter: R031656
  • Attribution Contact: (970) 923-2006
  • Keywords Info:Pre-Fabricated Home: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • General Info:Levels: 1.0
  • Financing Info:Taxes2: 4723.12
  • Financing Info:Tax Year2: 2014
  • Extras:Hot TubSpa: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Extras:Tennis: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Substructure:Slab: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • HOA Fees Includes:Management: Yes
  • Style:Ranch: Yes
  • Substructure:Crawl Space: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 3671.0
  • Inclusions:Water Softener: Yes
  • Unit Faces:West: Yes
  • Cooling:Central AC: Yes
  • Inclusions:Freezer: Yes
  • Roof:Metal: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Outbuildings: Yes
  • Extras:Storage Shed: Yes
  • Gas:None3: Yes
  • Water Rights:Yes3: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3671.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Corner Lot, Landscaped
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Wood Siding, Stone Veneer, Frame
  • Foundation Details: Slab
  • Other Structures: Outbuilding
  • Property Condition: Excellent
  • Roof: Metal
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Public
  • Heating:Forced Air: 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:Corner Lot: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:River Frontage: Yes

Fee Information

  • Association Fee Includes: Contingency Fund, Management, Sewer, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 76230.0
  • Parcel #: 246503402016
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4723.12
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2023
Sold by
2021 Light Qualified Personal Residence
Bought by
2021 Light Family Trust
Current Estimated Value
$4,278,110

Purchase Details

Closed on
Sep 30, 2021
Sold by
Light Dianne G
Bought by
2021 Light Qualified Personal Residence

Purchase Details

Listed on
Jan 2, 2015
Closed on
Apr 14, 2015
Sold by
Cathers Paul and Cathers Christina
Bought by
Light Dianne G
Seller's Agent
Greg Didier
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Buyer's Agent
Terry Rogers
Aspen Snowmass Sotheby's International Realty-Snowmass Village
List Price
$1,895,000
Sold Price
$1,800,000
Premium/Discount to List
-$95,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%

Purchase Details

Closed on
Mar 28, 2005
Sold by
Crandall David J and Crandall Melanie A
Bought by
Cathers Paul and Cathers Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,000
Interest Rate
5.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 30, 1999
Sold by
Grooms Randy D
Bought by
Crandall David J and Crandall Melanie A

Purchase Details

Closed on
Jan 30, 1997
Sold by
Grooms Mary E
Bought by
Grooms Randy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.68%

Purchase Details

Closed on
Nov 14, 1995

Purchase Details

Closed on
Jul 15, 1994
Source: Public Records

Range of Values:

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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
2021 Light Family Trust -- None Listed On Document
2021 Light Qualified Personal Residence -- None Available
Light Dianne G $1,800,000 Title Company Of The Rockies
Cathers Paul $974,000 --
Crandall David J $600,100 Stewart Title
Grooms Randy D $10,200 Land Title
-- $185,000 --
-- $139,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cathers Paul $900,000
Previous Owner Cathers Paul $80,000
Previous Owner Cathers Paul $633,000
Previous Owner Crandall David J $654,000
Previous Owner Crandall David J $645,000
Previous Owner Crandall David J $145,000
Previous Owner Crandall David J $425,000
Previous Owner Crandall David J $80,000
Previous Owner Grooms Randy D $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2015 04/14/15 Sold $1,800,000 -5.0% $490 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
01/02/2015 01/02/15 For Sale $1,895,000 -- $516 / 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 $20,730 $277,710 $99,180 $178,530
2023 $20,730 $277,710 $99,180 $178,530
2022 $13,660 $169,340 $50,390 $118,950
2021 $14,035 $174,210 $51,840 $122,370
2020 $10,979 $143,000 $50,590 $92,410
2019 $11,081 $143,000 $50,590 $92,410
2018 $10,565 $135,040 $40,320 $94,720
2017 $10,003 $135,040 $40,320 $94,720
2016 $8,519 $112,970 $44,580 $68,390
2015 -- $112,970 $44,580 $68,390
2014 $4,723 $65,880 $28,020 $37,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 136478

Aspen Glenwood MLS

APN: R031656