NOT LISTED FOR SALE

474 Hillcrest Dr Basalt, CO 81621

Estimated Value: $4,626,000 - $5,407,731

5 Beds
7 Baths
5,004 Sq Ft
$990/Sq Ft Est. Value

Last Sold November 15, 2022

Last sale price $4,500,000 $899 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $30,363/month

34 Days on Market

Highlights

  • Spa
  • Green Building
  • Main Floor Primary Bedroom
  • 0.8 Acre Lot
  • Maid or Guest Quarters
  • Hydromassage or Jetted Bathtub

About This Home

As of November 2022

It doesn't get any better than this. Possibly the premier lot and home in Aspen Junction boasting unrivaled views in a pristine and private mountain setting. Surrounded by open space, this 4-bedroom plus ADU home is nestled into the hillside with gracious outdoor spaces that blend with the natural setting, including: extensive landscaping, fire pit, water feature that can be heard from the master bedroom, and a spectacular covered patio with wood fireplace.


Built in 2009 by Crawford Design Build, the home was crafted using the finest materials and encompassing every amenity. Equally impressive are the furnishings which bring the outside in to achieve a beautiful mountain aesthetic. The well appointed floor plan features an open kitchen, dining and living room (plus wet bar) and a main-floor master featuring vaulted ceilings and exposed beams, elegant bathroom, gas fireplace and a walk-out patio to unwind. The generous suites upstairs are all equipped with king sized beds, en-suite bathrooms and walk-in closets. The ADU has it's own patio, kitchenette, laundry facilities and separate, private entrance. Enjoy movie night in the home theater or adult beverages in the hot tub out back! With close proximity to the Roaring Fork Club, Willits shopping center or bus stop, this home has it all. floor master featuring vaulted ceilings and exposed beams, elegant bathroom, gas fireplace and a walk-out patio to unwind. The generous suites upstairs are all equipped with king sized beds, en-suite bathrooms and walk-in closets. The ADU has it's own patio, kitchenette, laundry facilities and separate, private entrance. Enjoy movie night in the home theater or adult beverages in the hot tub out back! With close proximity to the Roaring Fork Club, Willits shopping center or bus stop, this home has it all.

Last Agent to Sell the Property

Ted Borchelt

Aspen Snowmass Sotheby's International Realty-Basalt Brokerage Phone: (970) 927-8080 License #FA100004523 Listed on: 08/08/2022

Aspen Snowmass Sotheby's International Realty-Basalt

Last Buyer's Agent

Ted Borchelt

Chaffin Light Real Estate Basalt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,877

Year Built

  • Built in 2009

Lot Details

  • 0.8 Acre Lot
  • South Facing Home
  • Southern Exposure
  • Fenced
  • Corner Lot
  • Lot Has A Rolling Slope
  • Landscaped with Trees
  • Property is in excellent condition

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Metal Roof
  • Wood Siding
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • 5,004 Sq Ft Home
  • 3-Story Property
  • Furnished
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Home Security System
  • Property Views
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Green Building
  • Accessory Dwelling Unit (ADU)
  • Mineral Rights Excluded

Community Details

  • Association fees include sewer, ground maintenance
  • Aspen Junction Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 246512301001

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,877

Year Built

Built in 2009

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.8
  • Inclusions: Dryer, Refrigerator, Washer, Range, Microwave, Dishwasher
  • Subdivision Name: Aspen Junction
  • Directions: From Hwy 82 to Two Rivers Rd. Turn onto Hillcrest Dr. (Aspen Junction). Follow Hillcrest Dr. up the hill and the house is the second on the right as it bends left.
  • Architectural Style: Other, Two Story
  • Master Model: No
  • New Construction: No
  • Year Built: 2009
  • Tax Parcel Letter: R031467
  • Attribution Contact: (970) 927-8080
  • Location Info:Furnished: Yes
  • 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: Yes
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 9877.04
  • Financing Info:Tax Year2: 2021
  • Extras:GuestCaretaker Qtrs: Yes
  • Extras:Hot TubSpa: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Exterior:Stucco: Yes
  • General Info:Unit Faces: South
  • Style:Two Story: Yes
  • Substructure:Finished Basement: Yes
  • Cooling:Central AC: Yes
  • Roof:Metal: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 50.0
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Has Basement: Finished
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 5004.0
  • Fireplace:Gas: Yes
  • Style Other: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Landscaped
  • Construction Type: Wood Siding, Stone Veneer, Stucco, Frame
  • Direction Faces: South
  • Property Condition: Excellent
  • Roof: Composition, Metal
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 3 Car
  • Parking Area:_two_ Car2: Yes

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Building Features: Yes
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Forced Air
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 50.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 50.0
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Corner Lot: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Rolling Topo: Yes
  • Location Amenities:Borders Public Land: Yes

Fee Information

  • Association Fee Includes: Sewer, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 34848.0
  • Parcel #: 246512301001
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9877.04
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Nov 15, 2022
Sold by
Palmer Candy L
Bought by
Mafrige David Z
Seller's Agent
Ted Borchelt
Aspen Snowmass Sotheby's International Realty-Basalt
Buyer's Agent
Ted Borchelt
Aspen Snowmass Sotheby's International Realty-Basalt
List Price
$4,950,000
Sold Price
$4,500,000
Premium/Discount to List
-$450,000
-9.09%
Current Estimated Value
$4,952,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,683
Avg. Annual Appreciation
0.47%
Original Mortgage
$2,958,800
Outstanding Balance
$2,844,644
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$1,714,205

Purchase Details

Closed on
Aug 19, 2009
Sold by
Lucas Timothy and Lucas Ginger
Bought by
Palmer Candy L

Purchase Details

Closed on
Oct 30, 2007
Sold by
Sander Carina
Bought by
Lucas Timothy and Lucas Ginger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Interest Rate
6.27%
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
Mafrige David Z $4,500,000 Land Title
Palmer Candy L $1,700,000 None Available
Lucas Timothy $330,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mafrige David Z $2,958,800
Closed Mafrige David Z $2,958,800
Previous Owner Lucas Timothy P $1,225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2022 11/15/22 Sold $4,500,000 -9.1% $899 / Sq Ft
08/08/2022 08/08/22 For Sale $4,950,000 -- $989 / 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 $40,483 $291,880 $23,820 $268,060
2023 $40,483 $483,570 $23,940 $459,630
2022 $9,601 $105,560 $18,280 $87,280
2021 $9,877 $108,590 $18,800 $89,790
2020 $8,228 $93,860 $11,440 $82,420
2019 $8,310 $93,860 $11,440 $82,420
2018 $8,359 $93,090 $11,520 $81,570
2017 $7,975 $93,090 $11,520 $81,570
2016 $9,714 $111,660 $12,740 $98,920
2015 -- $111,660 $12,740 $98,920
2014 $7,339 $89,970 $12,740 $77,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 176379

Aspen Glenwood MLS

APN: R031467