NOT LISTED FOR SALE

425 Cottonwood Dr Unit D Basalt, CO 81621

Estimated Value: $2,169,000 - $3,117,000

3 Beds
3.5 Baths
2,655 Sq Ft
$960/Sq Ft Est. Value

Sale Details

Date Sold: September 12, 2014

Last sale price $925,000 $348 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $14,409 / mo

167 Days on Market

Highlights

  • River Front
  • Hydromassage or Jetted Bathtub
  • Views
  • Green Building
  • Furnished
  • 4-minute walk to Basalt Lions Park

About This Home

As of September 2014

MOTIVATED SELLER - bring all offers!! RIVERFRONT and walking distance to Basalt! Enjoy the sights and sounds of the Frying Pan River from every room. This 3 bedroom, 3.5 bath home has been completely remodeled and is sold fully furnished. With just a turn of the key, you are ready to start enjoying the riverfront lifestyle. Walk into Basalt to enjoy great dining, fun live music, outdoor concerts, art gallery receptions and fishing/relaxing out your back door. Plus the Roaring Fork Club is just a 1 minute drive away! This is the perfect Basalt vacation getaway property...fishing, fun and friends! It just doesn't get any better than this! Please visit www.ourtownplanning.org for more information about the exciting future of Downtown Basalt.

Last Agent to Sell the Property

Christy Clettenberg

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 License #FA100014334 Listed on: 03/20/2014

Coldwell Banker Mason Morse-Aspen

Last Buyer's Agent

Christy Clettenberg

Coldwell Banker Mason Morse-GWS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,330

Year Built

  • Built in 1998

Lot Details

  • 4,617 Sq Ft Lot
  • River Front
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,655 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Radiant Heating System
  • Hot Water Heating System
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Green Building
  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 246707435003

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, sewer, snow removal, ground maintenance
  • River Park Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,330

Year Built

Built in 1998

Lot Details

4,617 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Inclusions: Ceiling Fan, Dryer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: River Park
  • Directions: Hwy 82 from Aspen to Basalt.Right on Two Rivers Rd. At the stop sign by 7-11, take a right on Cottonwood Dr. Take immediate left into River Park driveway. Unit D is straight ahead, righthand side.
  • Above Grade Finished Sq Ft: 2655.0
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1998
  • Tax Parcel Letter: R047900
  • Attribution Contact: (970) 925-7000
  • Location Info:Furnished: Yes
  • 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
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 3.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 4329.76
  • Financing Info:Tax Year2: 2013
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • 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
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • HOA Fees Includes:Management: Yes
  • Miscellaneous:Under Construction3: No
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • General Info:LvHtSqFt (Abv Grnd): 2655.0
  • Extras:Indoor Jetted Tub: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2655.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Wood Siding, Frame
  • Property Condition: Excellent
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes
  • General Info:Garage SqFt: 437.5

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Heating: Radiant, Hot Water
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Pets Allowed/Renter
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:River Frontage: Yes

Fee Information

  • Association Fee Includes: Management, Sewer, Snow Removal, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 4617.0
  • Parcel #: 246707435003
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4329.76
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2009
Sold by
Spitler Gerald G and Spitler Denise A
Bought by
Grand River Real Estate Corporation
Current Estimated Value
$2,548,267

Purchase Details

Closed on
Mar 26, 2007
Sold by
Arcomano Tara A and Tash David
Bought by
Grand River Real Estate Corp

Purchase Details

Closed on
Dec 30, 2003
Sold by
Lasalle Bank Na
Bought by
Arcomano Tara A and Tash David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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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
Grand River Real Estate Corporation -- None Available
Grand River Real Estate Corp $1,700,000 None Available
Arcomano Tara A $450,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arcomano Tara A $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2014 09/12/14 Sold $925,000 -22.6% $348 / Sq Ft
09/04/2014 09/04/14 Pending -- -- --
03/20/2014 03/20/14 For Sale $1,195,000 -- $450 / 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
2025 $10,785 $137,500 $17,190 $120,310
2024 $10,785 $125,560 $13,020 $112,540
2023 $10,486 $125,560 $13,020 $112,540
2022 $7,109 $77,480 $13,900 $63,580
2021 $7,424 $79,710 $14,300 $65,410
2020 $7,159 $79,710 $14,300 $65,410
2019 $7,242 $79,710 $14,300 $65,410
2018 $6,816 $73,940 $14,400 $59,540
2017 $6,518 $73,940 $14,400 $59,540
2016 $5,675 $63,420 $10,350 $53,070
2015 -- $63,420 $10,350 $53,070
2014 $4,431 $52,600 $10,350 $42,250
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Christy Clettenberg

    Coldwell Banker Mason Morse-Aspen

    (970) 379-5589

    31 Total Sales

    Christy Clettenberg
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Map

Source: Aspen Glenwood MLS

MLS Number: 133436

Aspen Glenwood MLS

APN: R047900

Colorado Eagle County Basalt 81621

425 Cottonwood Dr Unit D, Basalt, CO

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Aspen Glenwood MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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