NOT LISTED FOR SALE

408 Wild Spring Ln Basalt, CO 81621

Estimated Value: $2,141,000 - $2,768,000

3 Beds
2.5 Baths
2,105 Sq Ft
$1,184/Sq Ft Est. Value

Last Sold September 16, 2024

Last sale price $2,495,000 $1,185 Per Sq Ft

Current estimated payment $14,284/month

2 Days on Market

Highlights

  • 2 Fireplaces
  • Air Conditioning
  • Resident Manager or Management On Site
  • Furnished
  • Views
  • Landscaped with Trees

About This Home

As of September 2024

This exquisite townhome has massive view-windows of the surrounding mountains, river and grass fields. Basalt Mountain will capture your heart the moment you enter. The end unit location, soaring ceilings, and many picture windows create a sense of volume and provide loads of natural light. Lounge on the decks off the main living area and the master bedroom that overlook the Roaring Fork River and the charming town of Basalt. Enjoy fabulous views of Mt. Sopris as the backdrop. Atypical touches highlight the very on-trend interior design. Custom-cabinetry throughout, beautiful stained oak flooring, two gas-log fireplaces, a stylish color palette, built-in gas grill & firepit, and so many thoughtful details make this townhome a real standout. A six-minute stroll down the hill takes you to delightful restaurants, intriguing shops and galleries.

Last Agent to Sell the Property

Kim McKinley

McKinley Home Brokerage Phone: (970) 315-0228 License #ER1318847 Listed on: 08/10/2024

Last Buyer's Agent

Matthew Tate

Coldwell Banker Mason Morse-SMV License #ER100017017

Coldwell Banker Mason Morse-SMV

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,720

Year Built

  • Built in 1997

Lot Details

  • Southeast Facing Home
  • Landscaped with Trees
  • Property is in excellent condition

HOA Fees

  • $689 Monthly HOA Fees

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,105 Sq Ft Home
  • 2-Story Property
  • Furnished
  • 2 Fireplaces
  • Gas Fireplace
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Location

  • Mineral Rights Excluded

Utilities

  • Air Conditioning
  • Water Rights Not Included

Listing and Financial Details

  • Assessor Parcel Number 246707430003
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include contingency fund, management, sewer, insurance, trash, ground maintenance
  • The Wilds Subdivision
  • On-Site Maintenance

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,720

Year Built

Built in 1997

Lot Details

0

HOA Fees

$689 per month

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Inclusions: Dryer, Refrigerator, Washer, Range, Microwave, Dishwasher
  • Subdivision Name: The Wilds
  • Directions: Highway 82 to Two Rivers Road to Homestead to Wilderness Way, left on Wilds Spring Lane. Park in guest parking across the street or in driveway.
  • Above Grade Finished Sq Ft: 2105.0
  • Architectural Style: Two Story
  • Master Model: No
  • New Construction: No
  • Year Built: 1997
  • Tax Parcel Letter: R045895
  • Attribution Contact: (970) 315-0228
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Res
  • General Info:Main Floor Master: No
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 7720.48
  • Financing Info:Tax Year2: 2023
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • HOA Fees Includes:Management: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Trash: Yes
  • General Info:LvHtSqFt (Abv Grnd): 2105.0
  • General Info:Unit Faces: Southeast
  • Style:Two Story: Yes
  • Water:Community: Yes
  • Cooling:AC: Yes
  • Exclusions: See listing broker for list of exclusions
  • Laundry Facility:In Hall: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 8272.0
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2105.0
  • Fireplace:Gas: Yes

Exterior Features

  • Construction Type: Wood Siding, Frame
  • Direction Faces: Southeast
  • Property Condition: Excellent
  • Construction:Frame: Yes

Utilities

  • Laundry Features: In Hall
  • Cooling: A/C
  • Cooling Y N: Yes
  • Utilities: Natural Gas Available
  • Water Source: Community

Condo/Co-op/Association

  • Association Fee: 2068.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 2068.0
  • Financing Info:Association Fee Frequency2: Quarterly
  • Location Amenities:Trees: Yes

Fee Information

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

Lot Info

  • Parcel #: 246707430003
  • Zoning: Res

Tax Info

  • Tax Annual Amount: 7720.48
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2024
Closed on
Sep 16, 2024
Sold by
Craig E Fenneman 2020 Irrevocable Trust
Bought by
Evans Webb
Seller's Agent
Kim McKinley
McKinley Home
Buyer's Agent
Matthew Tate
Coldwell Banker Mason Morse-SMV
List Price
$2,495,000
Sold Price
$2,495,000
Views
1
Current Estimated Value
$2,491,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,263
Avg. Annual Appreciation
-0.10%
Original Mortgage
$1,746,500
Outstanding Balance
$1,726,868
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$764,869

Purchase Details

Listed on
Sep 1, 2022
Closed on
Sep 1, 2022
Sold by
Paul Davidson Leonard
Bought by
Craig E Fenneman 2020 Irrevocable Trust
Seller's Agent
Ted Borchelt
Aspen Snowmass Sotheby's International Realty-Basalt
Buyer's Agent
Kim McKinley
McKinley Home
List Price
$2,200,000
Sold Price
$2,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%

Purchase Details

Listed on
Jul 30, 2019
Closed on
Dec 12, 2019
Sold by
Cochner Caroline A and Caroline A Cochner Trust
Bought by
Davidson Leonard Paul and Davidson Stephanie Renee
Seller's Agent
Kristen Maley
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Ted Borchelt
Aspen Snowmass Sotheby's International Realty-Basalt
List Price
$1,099,000
Sold Price
$995,000
Premium/Discount to List
-$104,000
-9.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.02%
Original Mortgage
$796,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2019
Sold by
Caroline A Cochener Trust Number Five
Bought by
Caroline A Cochener Trust Number Two

Purchase Details

Listed on
Oct 19, 2013
Closed on
Oct 29, 2015
Sold by
Hall George W
Bought by
Caroline A Cochener Trust #5
Seller's Agent
Erik Berg
ENGEL & VOLKERS
Buyer's Agent
Erik Berg
ENGEL & VOLKERS
List Price
$795,000
Sold Price
$635,000
Premium/Discount to List
-$160,000
-20.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.27%

Purchase Details

Closed on
Feb 7, 2011
Sold by
Hall George W and Estate Of George W Hall Jr
Bought by
Hall George W

Purchase Details

Closed on
Dec 1, 2004
Sold by
Dugery John D and Dugery Mary R
Bought by
Hall George W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 1997
Sold by
Deer Run Llp
Bought by
Dugery John D and Dugery Mary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.6%
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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Purchase History

Date Buyer Sale Price Title Company
Evans Webb $2,495,000 Land Title
Craig E Fenneman 2020 Irrevocable Trust $2,200,000 None Listed On Document
Davidson Leonard Paul $995,000 Land Title Guarantee
Caroline A Cochener Trust Number Two $1,000,000 None Available
Caroline A Cochener Trust #5 $635,000 Title Company Of The Rockies
Hall George W -- None Available
Hall George W $675,000 --
Dugery John D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Webb $1,746,500
Previous Owner Davidson Leonard Paul $796,000
Previous Owner Hall George W $450,000
Previous Owner Dugery John D $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2024 09/16/24 Sold $2,495,000 0.0% $1,185 / Sq Ft
08/10/2024 08/10/24 For Sale $2,495,000 +13.4% $1,185 / Sq Ft
09/01/2022 09/01/22 Sold $2,200,000 0.0% $1,045 / Sq Ft View Prior Sale
09/01/2022 09/01/22 For Sale $2,200,000 +121.1% $1,045 / Sq Ft
07/04/2022 07/04/22 Pending -- -- --
12/16/2019 12/16/19 Sold $995,000 -9.5% $473 / Sq Ft View Prior Sale
11/06/2019 11/06/19 Pending -- -- --
07/01/2019 07/01/19 For Sale $1,099,000 +73.1% $522 / Sq Ft
10/29/2015 10/29/15 Sold $635,000 -20.1% $302 / Sq Ft View Prior Sale
10/12/2015 10/12/15 Pending -- -- --
10/18/2013 10/18/13 For Sale $795,000 -- $378 / Sq Ft
Source: Aspen Glenwood MLS

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 $7,720 $92,450 $11,000 $81,450
2023 $7,720 $92,450 $11,000 $81,450
2022 $6,344 $69,150 $8,270 $60,880
2021 $6,626 $71,140 $8,510 $62,630
2020 $4,834 $53,820 $6,350 $47,470
2019 $4,890 $53,820 $6,350 $47,470
2018 $4,439 $48,160 $5,670 $42,490
2017 $4,246 $48,160 $5,670 $42,490
2016 $6,099 $68,160 $8,180 $59,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 185018

Aspen Glenwood MLS

APN: R045895