4559 Frying Pan Rd Basalt, CO 81621
Estimated Value: $2,167,000 - $3,319,000
4
Beds
4.5
Baths
3,964
Sq Ft
$685/Sq Ft
Est. Value
Highlights
- Spa
- 4 Fireplaces
- Air Conditioning
- Contemporary Architecture
- No HOA
- Views
About This Home
As of July 2023Nestled at the base of the majestic Seven Castles rock formations, this beautifully renovated and expanded 4-bdrm+office home offers breathtaking views of the Frying Pan Valley. Owned by a luxury builder and self-professed ''foodie,'' the kitchen is the masterpiece of the home with stunning walnut cabinetry, Sub-Zero and Wolf appliances, quartz countertops and butcher block ''prep'' area, plus a coffee station and built-in Mugnaini pizza oven. The main suite features vaulted ceiling with reclaimed trusses, plaster walls, a double-sided fireplace, private deck, a large walk-in closet and spacious bath with a fireplace & sitting area. The living room and the game room/den open to a deck with a covered dining area and brand new saltwater hot tub. (see more...)Additional recent upgrades include a lower level gym, expanded rear deck, a new asphalt auto court, and gravel that was just poured this Spring on the neighborhood road. Outside, you'll find a firepit, shed, playhouse & raised garden bed. This is a true Colorado paradise with fishing, hiking, and biking outside your door, while Basalt's shops, restaurants and galleries are a scenic five miles away. This property offers some of the most breathtaking views of the Frying Pan Valley and easy access to the Frying Pan River. Additional recent upgrades include a lower level gym, expanded rear deck, a new asphalt auto court, and gravel that was just poured this Spring on the neighborhood road. Outside, you'll find a firepit, shed, playhouse & raised garden bed. This is a true Colorado paradise with fishing, hiking, and biking outside your door, while Basalt's shops, restaurants and galleries are a scenic five miles away. This property offers some of the most breathtaking views of the Frying Pan Valley and easy access to the Frying Pan River.
Last Agent to Sell the Property
Aspen Snowmass Sotheby's International Realty-Snowmass Village Brokerage Phone: (970) 923-2006 License #FA40005762 Listed on: 04/28/2022
Co-Listed By
Aspen Snowmass Sotheby's International Realty-Snowmass Village Brokerage Phone: (970) 923-2006 License #FA40015737
Last Buyer's Agent
Garrett Reuss
Chaffin Light Real Estate Snowmass Village
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,163
Year Built
- Built in 2002
Lot Details
- 0.5 Acre Lot
- Southern Exposure
- Fenced
- Gentle Sloping Lot
- Property is in excellent condition
Home Design
- Contemporary Architecture
- Frame Construction
- Wood Siding
Interior Spaces
- 3,964 Sq Ft Home
- 3-Story Property
- 4 Fireplaces
- Gas Fireplace
- Window Treatments
- Walk-Out Basement
- Property Views
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Parking
- 1 Car Garage
- Carport
Outdoor Features
- Spa
- Patio
- Storage Shed
Location
- Mineral Rights Excluded
Utilities
- Air Conditioning
- Forced Air Heating System
- Radiant Heating System
- Propane
- Water Rights Not Included
- Well
- Septic Tank
- Septic System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 246702300029
Community Details
Overview
- No Home Owners Association
- Frying Pan River Subdivision
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2022
Closed on
Jul 12, 2023
Sold by
Montalbano Frank T
Bought by
Knecht Patric and Mindich Willow
Seller's Agent
Garrett Reuss
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Buyer's Agent
Garrett Reuss
Aspen Snowmass Sotheby's International Realty-Snowmass Village
List Price
$3,199,000
Sold Price
$2,750,000
Premium/Discount to List
-$449,000
-14.04%
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,788
Avg. Annual Appreciation
-0.36%
Original Mortgage
$962,357
Interest Rate
6.39%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 28, 2022
Closed on
Jul 11, 2023
Sold by
Montalbano Frank T
Bought by
Knecht Patric and Mindich Willow
Seller's Agent
Garrett Reuss
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Buyer's Agent
Garrett Reuss
Aspen Snowmass Sotheby's International Realty-Snowmass Village
List Price
$3,199,000
Sold Price
$2,750,000
Premium/Discount to List
-$449,000
-14.04%
Views
29
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$962,357
Interest Rate
6.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 17, 2014
Sold by
Walters Jared and Estate Of Monica K Montalbano
Bought by
Montalbano Frank
Purchase Details
Closed on
Mar 5, 2007
Sold by
Peppers Thomas Michael and Peppers Karen C
Bought by
Montalbano Frank T and Montalbano Monika K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Similar Home in Basalt, CO
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Knecht Patric | $2,750,000 | Land Title | |
| Knecht Patric | -- | None Listed On Document | |
| Montalbano Frank | $10,000 | None Available | |
| Montalbano Frank T | $470,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Montalbano Frank T | $962,357 | |
| Previous Owner | Montalbano Frank | $1,040,000 | |
| Previous Owner | Montalbano Frank | $245,000 | |
| Previous Owner | Montalbano Frank T | $988,800 | |
| Previous Owner | Montalbano Frank T | $975,000 | |
| Previous Owner | Montalbano Frank T | $625,500 | |
| Previous Owner | Montalbano Frank T | $260,000 | |
| Previous Owner | Montalbano Frank T | $352,332 | |
| Previous Owner | Daniels David A | $120,000 | |
| Previous Owner | Montalbano Frank T | $527,000 | |
| Previous Owner | Montalbano Frank T | $522,400 | |
| Previous Owner | Peppers Thomas Michael | $400,000 | |
| Previous Owner | Montalbano Frank T | $470,000 | |
| Previous Owner | Peppers Thomas M | $725,000 | |
| Previous Owner | Peppers Thomas Michael | $331,000 | |
| Previous Owner | Peppers Thomas Michael | $1,691,000 | |
| Previous Owner | Peppers Michael | $331,000 | |
| Previous Owner | Peppers Michael | $1,541,000 | |
| Previous Owner | Mallinger Judith E | $223,041 | |
| Previous Owner | Peppers Thomas Michael | $650,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2023 07/12/23 | Sold | $2,750,000 | -8.3% | $694 / Sq Ft |
| 04/26/2023 04/26/23 | Price Changed | $2,999,000 | -3.1% | $757 / Sq Ft |
| 10/07/2022 10/07/22 | Price Changed | $3,095,000 | -3.3% | $781 / Sq Ft |
| 04/28/2022 04/28/22 | For Sale | $3,199,000 | -- | $807 / Sq Ft |
Source: Aspen Glenwood MLS
Tax History Compared to Growth
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 | $7,714 | $103,630 | $14,530 | $89,100 |
| 2023 | $7,714 | $103,630 | $14,530 | $89,100 |
| 2022 | $4,051 | $50,400 | $11,820 | $38,580 |
| 2021 | $4,163 | $51,850 | $12,160 | $39,690 |
| 2020 | $3,485 | $45,570 | $12,160 | $33,410 |
| 2019 | $3,518 | $45,570 | $12,160 | $33,410 |
| 2018 | $3,736 | $47,930 | $12,240 | $35,690 |
| 2017 | $3,537 | $47,930 | $12,240 | $35,690 |
| 2016 | $3,068 | $40,840 | $11,840 | $29,000 |
| 2015 | -- | $40,840 | $11,840 | $29,000 |
| 2014 | $2,780 | $38,950 | $11,840 | $27,110 |
Source: Public Records
Agents Affiliated with this Home
-
Garrett Reuss
G
Seller's Agent in 2023
Garrett Reuss
Aspen Snowmass Sotheby's International Realty-Snowmass Village
(970) 379-3458
208 Total Sales
-
Tara Turner
T
Seller Co-Listing Agent in 2023
Tara Turner
Aspen Snowmass Sotheby's International Realty-Snowmass Village
(970) 309-7131
56 Total Sales
Map
Source: Aspen Glenwood MLS
MLS Number: 174755
APN: R059526
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