NOT LISTED FOR SALE

421 Lewis Ln Basalt, CO 81621

Estimated Value: $3,751,000 - $6,746,270

4 Beds
3.5 Baths
4,739 Sq Ft
$1,234/Sq Ft Est. Value

Last Sold April 26, 2023

Last sale price $6,000,000 $1,266 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $34,448/month

107 Days on Market

Highlights

  • Tennis Courts
  • River Front
  • Green Building
  • Spa
  • 2.04 Acre Lot
  • Main Floor Primary Bedroom

About This Home

As of April 2023

Tucked at the end of the lane is a lovely, warm mountain home that is all about riverfront living. The river borders the expansive backyard and beckons you to launch, cast a line, or simply restore yourself. The home's wrap-around flagstone patio, three balconies, and nearly every room capture views of it. Family and friends will be gathering around the firepit to tell stories about it. This picturesque Colorado haven with mountain views sets on 2 beautifully landscaped acres. Handsome fine finishes, 2 primary suites, 2 additional bedrooms, an office, and even a versatile room for fly-tying are just a few more features that make this property ideal for creating memories for generations.

Last Agent to Sell the Property

Kristen Maley

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA40008852 Listed on: 02/06/2023

Co-Listed By

Doug Nehasil

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA1318349

Last Buyer's Agent

Sam Broome

RFC Properties, LLC License #FA.100082318

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,281

Year Built

  • Built in 2004

Lot Details

  • 2.04 Acre Lot
  • River Front
  • East Facing Home
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in good condition

HOA Fees

  • $197 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 4,739 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Gas Fireplace
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Tennis Courts
  • Patio

Utilities

  • Air Conditioning
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Green Building
  • Mineral Rights Excluded

Community Details

  • Association fees include sewer
  • River Ranch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246503402015

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,281

Year Built

Built in 2004

Lot Details

0

HOA Fees

$197 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.04
  • Co List Office Mls Id: ASSHMA
  • Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Range, Microwave, Dishwasher
  • Subdivision Name: River Ranch
  • Directions: From Aspen, heading west on Hwy 82, turn left on to Willits Ln, then take the second right at the round-about to continue on Willits Ln. Turn right on Lewis Lane. 421 Lewis Lane is at the end of the
  • Above Grade Finished Sq Ft: 4739.0
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2004
  • Tax Parcel Letter: R031655
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Partial
  • 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: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 17281.4
  • Financing Info:Tax Year2: 2021
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Extras:Tennis: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Substructure:Slab: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Electric:Yes: Public
  • Condition:Good: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • General Info:LvHtSqFt (Abv Grnd): 4739.0
  • General Info:Unit Faces: East
  • Style:Two Story: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Freezer: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Cooling:AC: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 2364.0
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 4739.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Wood Siding, Stone Veneer, Frame
  • Direction Faces: East
  • Foundation Details: Slab
  • Property Condition: Good
  • Roof: Other
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 3 Car
  • General Info:Garage SqFt: 888.0

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: A/C
  • Cooling Y N: Yes
  • Heating: Radiant, Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association Fee: 591.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 591.0
  • Financing Info:Association Fee Frequency2: Quarterly
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:River Frontage: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 888862.0
  • Parcel #: 246503402015
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17281.4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Apr 19, 2023
Sold by
River Front Llc
Bought by
Double Ee 2020 Holdings Lp
Seller's Agent
Kristen Maley
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Sam Broome
RFC Properties, LLC
List Price
$6,800,000
Sold Price
$6,000,000
Premium/Discount to List
-$800,000
-11.76%
Views
5
Current Estimated Value
$5,849,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$150,682
Avg. Annual Appreciation
1.04%
Original Mortgage
$3,500,000
Outstanding Balance
$3,407,300
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$2,742,030

Purchase Details

Closed on
Nov 22, 2022
Sold by
Morris James M
Bought by
River Front Llc

Purchase Details

Closed on
Nov 13, 2014
Sold by
James M Morris Ii Trust
Bought by
River Front Llc

Purchase Details

Closed on
Jun 7, 2013
Sold by
James M Morris Ii Trust
Bought by
James Morris Ii Trust

Purchase Details

Closed on
Sep 18, 2012
Sold by
Crandall David and Crandall Melanie
Bought by
James Morris Ii Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2003
Sold by
Long Keith Alan and Long Kathleen C
Bought by
Crandall David and Crandall Melanie

Purchase Details

Closed on
Aug 31, 1999
Sold by
Price Will
Bought by
Long Keith Alan and Long Kathleen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.86%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Double Ee 2020 Holdings Lp $6,000,000 None Listed On Document
River Front Llc -- --
River Front Llc -- None Available
James Morris Ii Trust -- None Available
James Morris Ii Trust $2,275,000 Title Company Of The Rockies
Crandall David $517,000 --
Long Keith Alan $360,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Double Ee 2020 Holdings Lp $3,500,000
Previous Owner Morris James M $1,434,000
Previous Owner River Front Llc $3,045,000
Previous Owner James Morris Ii Trust $1,100,000
Previous Owner Crandall David $250,000
Previous Owner Crandall Melanie $850,000
Previous Owner Crandall David $325,000
Previous Owner Crandall David $783,682
Previous Owner Long Kathleen C $250,000
Previous Owner Long Keith Alan $100,545
Previous Owner Kemp Richard $6,964
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2023 04/26/23 Sold $6,000,000 -3.2% $1,266 / Sq Ft
11/10/2022 11/10/22 Price Changed $6,200,000 -8.8% $1,308 / Sq Ft
10/28/2022 10/28/22 For Sale $6,800,000 -- $1,435 / 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 $31,524 $336,340 $99,410 $236,930
2023 $31,524 $422,320 $99,630 $322,690
2022 $16,819 $208,500 $50,390 $158,110
2021 $17,281 $214,500 $51,840 $162,660
2020 $14,547 $189,480 $50,590 $138,890
2019 $14,682 $189,480 $50,590 $138,890
2018 $14,740 $188,410 $40,320 $148,090
2017 $13,957 $188,410 $40,320 $148,090
2016 $11,848 $157,120 $44,580 $112,540
2015 -- $157,120 $44,580 $112,540
2014 $9,113 $127,110 $28,020 $99,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 177305

Aspen Glenwood MLS

APN: R031655