$235,000
SOLD SEP 26, 2012

50 Riversedge Ct Basalt, CO 81621

3 Beds
2 Baths
1,591 Sq Ft
4,626 Sq Ft Lot

Recently Sold

$148 Per Sq Ft

4% Above List Price

3 Days on Market

Highlights

  • Views
  • Baseboard Heating
  • Fenced
  • Landscaped with Trees
  • Laundry Facilities
  • 5-minute walk to Arbaney Park

About This Home

As of January 2018

Cute half-duplex in Basalt. Walking distance to park, pool, school, shops & restaurants. Needs work but a great opportunity for first time home buyer, contractor or second home owner to enter the Basalt market at this price.

PROPERTY BEING SOLD ''AS-IS''.

Buyer's must be pre-qualified by Bank of America and submit pre-qualification letter with offer however buyer is not required to obtain financing from Bank of America. Cash offers must be accompanied with proof of funds.

Last Agent to Sell the Property

Cally Shadowshot

Bowden Homes Brokerage Phone: (970) 544-2000 Listed on: 08/20/2012

Last Buyer's Agent

Scott Bayens

Kim McKinley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,197

Year Built

  • Built in 1984

Lot Details

  • 4,626 Sq Ft Lot
  • Fenced
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is in below average condition

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • 1 Car Parking Space

Location

  • Mineral Rights Excluded

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • Water Rights Not Included

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 246708311016

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include sewer

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,197

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Subdivision Name: None
  • Directions: 1. From Riverside Dr., follow all the way around to River's Edge Ct., property will be on the right. 2. From Two Rivers Rd., turn onto Elk Run Dr., go to Mountain Ct., turn right, go to River's edge.
  • Architectural Style: Two Story
  • Master Model: No
  • New Construction: No
  • Year Built: 1984
  • Tax Parcel Letter: R028026
  • Attribution Contact: (970) 544-2000
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: RES
  • Listing Info:Short Sale: No
  • Listing Info:REO: Yes
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 2197.0
  • Financing Info:Tax Year2: 2011
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Exterior:Wood Siding: Yes
  • Substructure:Slab: Yes
  • Water Rights:No3: Yes
  • Miscellaneous:Under Construction3: No
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Style:Two Story: Yes
  • Water:Community: Yes
  • Gas:None3: Yes
  • Condition:Poor: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

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

Exterior Features

  • Fencing: Fenced
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Slab
  • Property Condition: Poor
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 Car
  • Keywords Info:Garage: None
  • Parking Area:_one_ Car2: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Water Source: Community
  • 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:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 4626.0
  • Parcel #: 246708311016
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2197.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2022
Sold by
Mg Basalt Llc
Bought by
Aspen School District No 1 Re
Current Estimated Value
$1,064,123

Purchase Details

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

Purchase Details

Listed on
Jul 25, 2017
Closed on
Jan 8, 2018
Sold by
Hopp Andrew J and Clarke Margaret Clainre
Bought by
Greiper Scott L and Mojarro Angelica Marie
Seller's Agent
Holly Goldstein
Leverich and Carr Real Estate
Buyer's Agent
Holly Goldstein
The Agency Aspen
List Price
$589,500
Sold Price
$520,000
Premium/Discount to List
-$69,500
-11.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$416,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2012
Closed on
Sep 10, 2012
Sold by
Citibank Na
Bought by
Hopp Andrew James and Vallejos Margaret Claire Clarke
Seller's Agent
Cally Shadowshot
Bowden Homes
Buyer's Agent
Scott Bayens
Kim McKinley
List Price
$224,900
Sold Price
$235,000
Premium/Discount to List
$10,100
4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.20%
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
New Conventional

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
Source: Public Records

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 Type Sale Price Title Company
Special Warranty Deed $1,015,000 None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed $520,000 Land Title Guarantee Co
Special Warranty Deed $235,000 None Available
Special Warranty Deed $235,000 Assured Title
Trustee Deed -- None Available
Interfamily Deed Transfer -- Lsi
Interfamily Deed Transfer -- None Available
Warranty Deed -- Stewart Title
Deed $12,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $416,000 New Conventional
Previous Owner $304,000 New Conventional
Previous Owner $196,000 New Conventional
Previous Owner $235,000 Purchase Money Mortgage
Previous Owner $31,628 Unknown
Previous Owner $89,250 Credit Line Revolving
Previous Owner $446,250 New Conventional
Previous Owner $70,000 Credit Line Revolving
Previous Owner $340,000 New Conventional
Previous Owner $251,500 Unknown
Previous Owner $20,000 Unknown
Previous Owner $248,000 Unknown
Previous Owner $31,000 Credit Line Revolving
Previous Owner $240,000 Unknown
Previous Owner $40,000 Stand Alone Second
Previous Owner $86,994 Unknown
Previous Owner $168,000 No Value Available
Closed $21,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2018 01/08/18 Sold $520,000 -11.8% $327 / Sq Ft
11/19/2017 11/19/17 Pending -- -- --
12/20/2016 12/20/16 For Sale $589,500 +19.6% $371 / Sq Ft
07/06/2016 07/06/16 Sold $493,000 -1.2% $432 / Sq Ft
07/06/2016 07/06/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $499,000 +112.3% $437 / Sq Ft
09/26/2012 09/26/12 Sold $235,000 +4.5% $148 / Sq Ft
08/23/2012 08/23/12 Pending -- -- --
08/20/2012 08/20/12 For Sale $224,900 -- $141 / 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: 126680

Aspen Glenwood MLS

APN: R028026