505 Elk Run Dr Basalt, CO 81621
Estimated Value: $1,716,000 - $2,318,000
5
Beds
3
Baths
2,725
Sq Ft
$758/Sq Ft
Est. Value
Highlights
- Spa
- Main Floor Primary Bedroom
- Patio
- Green Building
- Interior Lot
- 2-minute walk to Arbaney Park
About This Home
As of September 2023Elk Run charm walking distance to everything Basalt has to offer from downtown restaurants, farmers market, pool, playgrounds, tennis courts, Basalt schools... Life couldn't be easier. Beautifully remodeled and maintained 5 bedroom 3 bath home adorned with mature trees offering privacy. Main floor primary bedroom, updated kitchen, wood floors, lots of windows with great natural light. Lower level has 2 bedrooms, bathroom, family room and kitchenette. Home has great storage. Exterior updated to include new roof, Hardie Board siding, new windows, garage door, exterior lighting. HOA website https://elkrunsfoa.com/
Last Agent to Sell the Property
Aspen Snowmass Sotheby's International Realty-Snowmass Village Brokerage Phone: (970) 923-2006 License #FA40021321 Listed on: 08/03/2023
Last Buyer's Agent
Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA100079374
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,497
Year Built
- Built in 1986
Lot Details
- 8,102 Sq Ft Lot
- Fenced
- Interior Lot
- Sprinkler System
- Landscaped with Trees
- Property is in excellent condition
HOA Fees
- $30 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Composition Roof
- Composition Shingle Roof
- Cement Board or Planked
Interior Spaces
- 2,725 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Window Treatments
- Dishwasher
- Finished Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
Eco-Friendly Details
- Green Building
Outdoor Features
- Spa
- Patio
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Exclusions: See Remarks
- Assessor Parcel Number 246708312007
Community Details
Overview
- Association fees include management, sewer
- Elk Run Subdivision
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 3, 2023
Closed on
Sep 21, 2023
Sold by
Grice Anne H and Grice Mark R
Bought by
Kobacker Jeffrey M and Kobacker Carmen G
Seller's Agent
Becky Dombrowski
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Buyer's Agent
Andrew Doremus
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$1,895,000
Sold Price
$1,925,000
Premium/Discount to List
$30,000
1.58%
Total Days on Market
5
Views
28
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
$141,875
Avg. Annual Appreciation
2.39%
Purchase Details
Closed on
May 30, 2001
Sold by
French Douglas R
Bought by
Grice Anne H and Grice Mark R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.1%
Purchase Details
Closed on
Jun 10, 1999
Sold by
Duncan Bonita J and French Douglas R
Bought by
French Douglas R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
7.21%
Purchase Details
Closed on
Jan 24, 1997
Sold by
Sackett Mark H
Bought by
Duncan Bonita J and French Douglas R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,200
Interest Rate
7.73%
Similar Homes in Basalt, CO
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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 |
|---|---|---|---|
| Kobacker Jeffrey M | $1,925,000 | Land Title Guarantee Company | |
| Grice Anne H | $450,000 | Stewart Title | |
| French Douglas R | -- | Land Title | |
| Duncan Bonita J | $264,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Grice Anne H | $365,000 | |
| Previous Owner | Grice Mark R | $218,425 | |
| Previous Owner | Grice Anne H | $100,000 | |
| Previous Owner | Grice Anne H | $268,581 | |
| Previous Owner | Grice Mark R | $50,000 | |
| Previous Owner | Grice Anne H | $270,000 | |
| Previous Owner | French Douglas R | $156,000 | |
| Previous Owner | French Douglas R | $268,000 | |
| Previous Owner | Duncan Bonita J | $216,000 | |
| Previous Owner | Duncan Bonita J | $211,200 | |
| Closed | Duncan Bonita J | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/21/2023 09/21/23 | Sold | $1,925,000 | +1.6% | $706 / Sq Ft |
| 08/09/2023 08/09/23 | Pending | -- | -- | -- |
| 08/03/2023 08/03/23 | For Sale | $1,895,000 | -- | $695 / 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 | $7,114 | $85,190 | $11,240 | $73,950 |
| 2023 | $7,114 | $85,190 | $11,240 | $73,950 |
| 2022 | $5,497 | $59,910 | $12,160 | $47,750 |
| 2021 | $5,740 | $61,630 | $12,510 | $49,120 |
| 2020 | $4,560 | $50,770 | $10,730 | $40,040 |
| 2019 | $4,613 | $50,770 | $10,730 | $40,040 |
| 2018 | $4,236 | $45,960 | $10,800 | $35,160 |
| 2017 | $4,052 | $45,960 | $10,800 | $35,160 |
| 2016 | $4,109 | $45,920 | $9,950 | $35,970 |
| 2015 | -- | $45,920 | $9,950 | $35,970 |
| 2014 | $3,328 | $39,510 | $8,360 | $31,150 |
Source: Public Records
Agents Affiliated with this Home
-
Becky Dombrowski
B
Seller's Agent in 2023
Becky Dombrowski
Aspen Snowmass Sotheby's International Realty-Snowmass Village
(970) 923-2006
66 Total Sales
-
Andrew Doremus
A
Buyer's Agent in 2023
Andrew Doremus
Aspen Snowmass Sotheby's International Realty - Hyman Mall
(970) 948-3331
6 Total Sales
Map
Source: Aspen Glenwood MLS
MLS Number: 180458
APN: R025932
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