NOT LISTED FOR SALE

406 Meadow Ct Basalt, CO 81621

Estimated Value: $1,824,602 - $2,011,000

3 Beds
2.5 Baths
2,512 Sq Ft
$770/Sq Ft Est. Value

Last Sold June 13, 2019

Last sale price $540,750 $215 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $10,717/month

Highlights

  • Main Floor Primary Bedroom
  • Forced Air Heating and Cooling System
  • 3-minute walk to Willits Park
  • Laundry Room
  • Gas Fireplace

About This Home

As of June 2019

Property is sold AS IS. Property sold at auction. Main floor master suite and powder room. Granite in kitchen, tumble marble in master bath, lots of built-ins for storage. Mature landscaping, corner lot fenced for pets/children. Water is provided by Mid Valley Metro.

Last Agent to Sell the Property

Melinda Bower

ERA Fleisher Real Estate Glenwood License #IA100057323 Listed on: 06/14/2019

Co-Listed By

Bob Fullerton

ERA Fleisher Real Estate Glenwood

Last Buyer's Agent

Stefan Peirson

ENGEL & VOLKERS License #EA40021850

ENGEL & VOLKERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,653

Year Built

  • Built in 2000

Lot Details

  • 7,345 Sq Ft Lot
  • Property is in below average condition

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof

Interior Spaces

  • 2,512 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Stove
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Location

  • Mineral Rights Excluded

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Rights Not Included

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Willits Subdivision

Listing and Financial Details

  • Auction
  • Foreclosure
  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 246502317008

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,653

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: FleisherGlen
  • Co List Office Phone: 970-945-9060
  • Inclusions: See Remarks, Stove Top, Range, Dishwasher
  • Subdivision Name: Willits
  • Directions: Turn east on Willits Lane. Take left on Meadow Drive at stop sign, house on right across street
  • Architectural Style: Two Story
  • Master Model: No
  • New Construction: No
  • Year Built: 2000
  • Tax Parcel Letter: R049742
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: Yes
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: Yes
  • Listing Info:Auction: Yes
  • Listing Info:Foreclosure: Yes
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 4653.2
  • Financing Info:Tax Year2: 2018
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Range: Yes
  • Water Rights:No3: Yes
  • Substructure:Crawl Space: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Style:Two Story: Yes
  • Cooling:Central AC: Yes
  • Inclusions:Stove Top: Yes
  • Water:Other4: Yes
  • Condition:Poor: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: 1092

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2512.0
  • Fireplace:Gas: Yes

Exterior Features

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

Garage/Parking

  • Keywords Info:Garage: 2 Car

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Other
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Financing Info:Association Fee Frequency2: Annually

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 7345.0
  • Parcel #: 246502317008
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4653.2
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jun 13, 2019
Sold by
Kelly Peter
Bought by
Kelly Peter and Kelly Kristen J
Seller's Agent
Melinda Bower
ERA Fleisher Real Estate Glenwood
Buyer's Agent
Stefan Peirson
ENGEL & VOLKERS
List Price
$540,750
Sold Price
$540,750
Current Estimated Value
$1,933,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,393,151
Avg. Annual Appreciation
21.30%
Original Mortgage
$554,326
Outstanding Balance
$487,388
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$1,446,513

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jun 6, 2019
Sold by
Cttimortgage Inc
Bought by
Kelly Peter
Seller's Agent
Melinda Bower
ERA Fleisher Real Estate Glenwood
Buyer's Agent
Stefan Peirson
ENGEL & VOLKERS
List Price
$540,750
Sold Price
$540,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,326
Outstanding Balance
$487,388
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$1,446,513

Purchase Details

Closed on
Dec 6, 2018
Sold by
Beymer Crystal and Beymer Lee
Bought by
Citimortgage Inc

Purchase Details

Closed on
May 1, 2006
Sold by
Salzman Stephen J and Salzman Elissa P
Bought by
Beymer Lee and Beymer Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2000
Sold by
Salzman Stephen J
Bought by
Salzman Stephen J and Salzman Elissa P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,800
Interest Rate
8.37%

Purchase Details

Closed on
Aug 24, 2000
Sold by
Timberland Development Inc
Bought by
Salzman Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,800
Interest Rate
8.37%

Purchase Details

Closed on
Mar 1, 2000
Sold by
Georgiaco Llc
Bought by
Timberland Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
10%
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
Kelly Peter -- None Available
Kelly Peter $540,750 Fidelity National Title
Citimortgage Inc -- None Available
Beymer Lee $695,000 Stewart Title
Salzman Stephen J -- --
Salzman Stephen J $432,000 Stewart Title
Timberland Development Inc $120,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Peter $554,326
Previous Owner Beymer Lee $556,000
Previous Owner Salzman Stephen J $388,800
Previous Owner Timberland Development Inc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2019 06/14/19 For Sale $540,750 0.0% $215 / Sq Ft
06/13/2019 06/13/19 Sold $540,750 -- $215 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
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 $8,443 $100,850 $28,760 $72,090
2023 $8,443 $100,850 $28,760 $72,090
2022 $5,532 $60,820 $15,290 $45,530
2021 $5,691 $62,570 $15,730 $46,840
2020 $4,453 $50,790 $15,370 $35,420
2019 $4,497 $50,790 $15,370 $35,420
2018 $4,653 $51,820 $13,100 $38,720
2017 $4,439 $51,820 $13,100 $38,720
2016 $4,043 $46,470 $12,340 $34,130
2015 -- $46,470 $12,340 $34,130
2014 $3,164 $38,790 $5,970 $32,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 159829

Aspen Glenwood MLS

APN: R049742