NOT LISTED FOR SALE

50 Riversedge Ct Unit A Basalt, CO 81621

Estimated Value: $1,054,560

3 Beds
2 Baths
1,591 Sq Ft
$663/Sq Ft Est. Value

Last Sold February 16, 2022

Last sale price $1,015,000 $638 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,879/month

179 Days on Market

Highlights

  • Under Construction
  • Contemporary Architecture
  • Interior Lot
  • Green Building
  • Cul-De-Sac
  • 5-minute walk to Arbaney Park

About This Home

As of February 2022

This is a must see. Enjoy a comfortable, cozy and bright new home, with easy access to hiking, parks and the trail system. This newly updated residence enjoys 3 bedrooms, and 2 bathrooms, a half duplex that is located on a quiet street with walking distance to downtown Basalt and elementary/middle schools. A private deck off the master bedroom, ample parking for 3 cars, landscaping with flower beds, front patio and yard. A shed is available for storage.

Last Listed By

Erik Cavarra

ENGEL & VOLKERS Snowmass Brokerage Phone: (970) 925-8400 License #EA.40040220 Listed on: 01/06/2022

ENGEL & VOLKERS Snowmass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,320

Year Built

  • Built in 1984 | Under Construction

Lot Details

  • Cul-De-Sac
  • South Facing Home
  • Southern Exposure
  • Interior Lot
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is in excellent condition

Home Design

  • Duplex
  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,591 Sq Ft Home
  • 2-Story Property
  • Property Views

Kitchen

  • Oven
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • No Garage
  • 2 Car Parking Spaces

Utilities

  • No Cooling
  • Radiant Heating System
  • Baseboard Heating
  • Water Rights Not Included

Additional Features

  • Green Building
  • Patio
  • Mineral Rights Excluded

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • River Edge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246708311016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,320

Year Built

Built in 1984 | Under Construction

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Microwave, Dishwasher
  • Subdivision Name: River Edge
  • Directions: Take Midland Avenue to Riverside Drive. Follow and take right on Riversedge Court. Property will be on the Right.
  • Architectural Style: Two Story, Contemporary
  • Master Model: No
  • New Construction: Yes
  • Year Built: 1984
  • Tax Parcel Letter: R028026
  • Attribution Contact: (970) 925-8400
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Condition:New: Yes
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 2.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 5320.0
  • Financing Info:Tax Year2: 2020
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Condition:Excellent: Yes
  • Substructure:Slab: Yes
  • Water Rights:No3: Yes
  • Miscellaneous:Under Construction3: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • General Info:Unit Faces: South
  • Style:Two Story: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Freezer: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: NewHome

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1591.0

Exterior Features

  • Lot Features: Interior Lot, Cul-De-Sac, Landscaped
  • Construction Type: Wood Siding, Frame
  • Direction Faces: South
  • Foundation Details: Slab
  • Property Condition: Excellent, New Construction
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: None
  • Parking Area:_two_ Car2: Yes

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Baseboard
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Interior Lot: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Cul-de-Sac: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Parcel #: 246708311016
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 5320.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2022
Closed on
Feb 16, 2022
Sold by
Mg Basalt Llc
Bought by
Aspen School District No 1 Re
Seller's Agent
Erik Cavarra
ENGEL & VOLKERS Snowmass
Buyer's Agent
Blake Appleby
Compass Aspen
List Price
$1,437,000
Sold Price
$1,015,000
Premium/Discount to List
-$422,000
-29.37%
Total Days on Market
179
Current Estimated Value
$1,054,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,560
Avg. Annual Appreciation
1.46%

Purchase Details

Closed on
Nov 12, 2020
Sold by
Greiper Scott L and Mojarro Angelica Marie
Bought by
Mg Basalt Llc

Purchase Details

Closed on
Jan 8, 2018
Sold by
Hopp Andrew J and Clarke Margaret Clainre
Bought by
Greiper Scott L and Mojarro Angelica Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2012
Sold by
Citibank Na
Bought by
Hopp Andrew James and Vallejos Margaret Claire Clarke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2012
Sold by
Barth Barret W and Barth Barrone Jane
Bought by
Citibank Na

Purchase Details

Closed on
Aug 14, 2006
Sold by
Barth Barrett W and Barth Barrett William
Bought by
Barth Barrett W and Barth Baronne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 17, 2006
Sold by
Barth Barrett William and Barth Baronne Jane
Bought by
Barth Barrett William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
9.03%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 8, 2000
Sold by
Griffiths Anna M and Terliamis Harry L
Bought by
Barth Barrett William and Barth Baronne Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
8.19%

Purchase Details

Closed on
Sep 22, 1993

Range of Values:

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Average Value
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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
Aspen School District No 1 Re $1,015,000 None Listed On Document
Mg Basalt Llc -- None Available
Greiper Scott L $520,000 Land Title Guarantee Co
Hopp Andrew James $235,000 None Available
Hopp Andrew James $235,000 Assured Title
Citibank Na -- None Available
Barth Barrett W -- Lsi
Barth Barrett William -- None Available
Barth Barrett William -- Stewart Title
-- $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greiper Scott L $416,000
Previous Owner Hopp Andrew James $304,000
Previous Owner Vallejos Margaret Claire Clarke $196,000
Previous Owner Hopp Andrew James $235,000
Previous Owner Barth Barrett W $31,628
Previous Owner Barth Barrett W $89,250
Previous Owner Barth Barrett W $446,250
Previous Owner Barth Barrett W $70,000
Previous Owner Barth Barrett William $340,000
Previous Owner Barth Barrett William $251,500
Previous Owner Barth Barrett William $20,000
Previous Owner Barth Barrett William $248,000
Previous Owner Barth Barrett Williame $31,000
Previous Owner Barth Barrett William $240,000
Previous Owner Barth Barrett William $40,000
Previous Owner Barth Barrett William $86,994
Previous Owner Barth Barrett William $168,000
Closed Barth Barrett William $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2022 02/16/22 Sold $1,015,000 -29.4% $638 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
07/16/2021 07/16/21 For Sale $1,437,000 -- $903 / 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 -- $48,930 $4,980 $43,950
2023 $397 $48,930 $4,980 $43,950
2022 $397 $34,390 $5,170 $29,220
2021 $3,295 $35,380 $5,320 $30,060
2020 $2,823 $31,430 $4,560 $26,870
2019 $2,856 $31,430 $4,560 $26,870
2018 $2,811 $30,500 $4,590 $25,910
2017 $2,689 $30,500 $4,590 $25,910
2016 $2,200 $24,590 $4,230 $20,360
2015 -- $24,590 $4,230 $20,360
2014 $2,089 $24,800 $3,550 $21,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 171145

Aspen Glenwood MLS

APN: R028026