NOT LISTED FOR SALE

407 Elk Cir Basalt, CO 81621

Estimated Value: $1,648,000 - $1,954,000

5 Beds
3 Baths
2,172 Sq Ft
$812/Sq Ft Est. Value

Last Sold August 25, 2022

Last sale price $1,095,000 $504 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $10,272/month

6 Days on Market

About This Home

As of August 2022

Great opportunity to remodel or expand your dream home in the coveted Elk Run neighborhood! (You can add about 1500 sq feet to the home). Easy stroll into downtown from this 5 bedroom, 3 level home that's sited on a large 7370 square foot lot. Great bones... open floor plan kitchen /dining/ living room. Vaulted ceilings, lots of light from high windows and glass doors in living room. There is a bedroom and 3/4 bath on the main level. 2 bedrooms with Jack -and-Jill bath upstairs, and 2 bedrooms with full bath on lower level. Large laundry room, big garage with dog door to the back yard. House is adjacent to the bike path, with easy access to the tennis courts, pool, playground and 2 schools. Bring your ideas and create a special home for yourself. Easy to show, short notice, Showingtime

Last Agent to Sell the Property

Stacey McLendon Craft

Engel & Volkers Roaring Fork Brokerage Phone: (970) 927-9955 License #EA100025291 Listed on: 08/08/2022

Engel & Volkers Roaring Fork

Last Buyer's Agent

non- member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,973

Year Built

  • Built in 1988

Lot Details

  • 7,370 Sq Ft Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 2,172 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • No Home Owners Association
  • Elk Run Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246717208007

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,973

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Subdivision Name: Elk Run
  • Directions: From Two Rivers Road, turn into Elk Run subdivision. Go about half a mile, Left on Elk Circle, house is on the left, no sign in the yard, dumpster in the driveway.
  • Above Grade Finished Sq Ft: 1296.0
  • Garage Yn: Yes
  • Master Model: No
  • Year Built: 1988
  • Tax Parcel Letter: R012723
  • Attribution Contact: (970) 927-9955
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: residential
  • General Info:Main Floor Master: No
  • Listing Info:REO: No
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 3972.68
  • Financing Info:Tax Year2: 2021
  • General Info:LvHtSqFt (Abv Grnd): 1296.0
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 2172.0

Garage/Parking

  • Keywords Info:Garage: 2 Car
  • General Info:Garage SqFt: 468.0

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 7370.0
  • Parcel #: 246717208007
  • Zoning: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3972.68
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Aug 25, 2022
Sold by
Holcomb Constance C
Bought by
Elk Circle Trust
Seller's Agent
Stacey McLendon Craft
Engel & Volkers Roaring Fork
Buyer's Agent
non- member
Non-Member Office
List Price
$1,395,000
Sold Price
$1,095,000
Premium/Discount to List
-$300,000
-21.51%
Current Estimated Value
$1,763,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$668,766

Purchase Details

Closed on
Jul 30, 2002
Sold by
Garcia Scott D
Bought by
Holcomb Constance C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,400
Interest Rate
6%

Purchase Details

Closed on
Jul 17, 2002
Sold by
Garcia Steven
Bought by
Garcia Scott D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,400
Interest Rate
6%

Purchase Details

Closed on
Feb 20, 2002
Sold by
Garcia Scott D
Bought by
Garcia Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.12%
Mortgage Type
Unknown
Source: Public Records

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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
Elk Circle Trust $1,095,000 None Listed On Document
Holcomb Constance C $418,000 --
Garcia Scott D -- --
Garcia Steven -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holcomb Constance C $380,000
Previous Owner Holcomb Constance C $417,000
Previous Owner Uber Chris $411,000
Previous Owner Holcomb Constance C $334,400
Previous Owner Garcia Scott D $180,000
Previous Owner Garcia Scott D $180,000
Previous Owner Garcia Scott D $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Sold $1,095,000 -21.5% $504 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $1,395,000 -- $642 / 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 $5,808 $66,220 $22,210 $44,010
2023 $5,808 $69,570 $23,340 $46,230
2022 $3,810 $40,840 $17,380 $23,460
2021 $3,973 $42,020 $17,880 $24,140
2020 $4,201 $45,540 $17,880 $27,660
2019 $4,201 $45,540 $17,880 $27,660
2018 $3,415 $45,850 $18,000 $27,850
2017 $3,254 $36,320 $16,200 $20,120
2016 $3,558 $39,040 $17,910 $21,130
2015 $3,488 $39,040 $17,910 $21,130
2014 $2,743 $31,850 $13,930 $17,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 176378

Aspen Glenwood MLS

APN: R012723