NOT LISTED FOR SALE

505 Elk Run Dr Basalt, CO 81621

Estimated Value: $1,774,000 - $2,262,000

5 Beds
3 Baths
2,725 Sq Ft
$762/Sq Ft Est. Value

Last Sold September 21, 2023

Last sale price $1,925,000 $706 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $11,603/month

5 Days on Market

Highlights

  • Spa
  • Main Floor Primary Bedroom
  • Patio
  • Green Building
  • Interior Lot
  • 2-minute walk to Arbaney Park

About This Home

As of September 2023

Elk 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

Becky Dombrowski

Aspen Snowmass Sotheby's International Realty-Snowmass Village Brokerage Phone: (970) 923-2006 License #FA40021321 Listed on: 08/03/2023

Last Buyer's Agent

Andrew Doremus

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,497

Year Built

Built in 1986

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Inclusions: Ceiling Fan, Dryer, See Remarks, Window Coverings, Dishwasher
  • Subdivision Name: Elk Run
  • Directions: Highway 82 to Two Rivers Road. Turn into Elk Run subdivision on Elk Drive. House is on left about a mile.
  • Architectural Style: Two Story
  • Master Model: No
  • New Construction: No
  • Year Built: 1986
  • Tax Parcel Letter: R025932
  • Attribution Contact: (970) 923-2006
  • Location Info:Furnished: No
  • 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: No
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 5496.56
  • Financing Info:Tax Year2: 2022
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Condition:Excellent: Yes
  • Extras:Lawn Sprinklers: Yes
  • HOA Fees Includes:Management: Yes
  • Miscellaneous:Under Construction3: No
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Cooling:None: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Window Coverings: Yes
  • Style:Two Story: Yes
  • Substructure:Finished Basement: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Exterior:Cement Board: Yes
  • Exclusions: TV and sound bar in living room excluded
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 360.0
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Finished
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 2725.0

Exterior Features

  • Fencing: Fenced
  • Lot Features: Interior Lot, Landscaped
  • Disclosures: Other
  • Exclusions: See Remarks
  • Construction Type: Cement Board
  • Property Condition: Excellent
  • Roof: Composition

Garage/Parking

  • Keywords Info:Garage: 2 Car

Utilities

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

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Pets Allowed/Renter
  • Association Fee: 90.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 90.0
  • Financing Info:Association Fee Frequency2: Quarterly
  • Location Amenities:Interior Lot: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Management, Sewer

Lot Info

  • Lot Size Sq Ft: 8102.0
  • Parcel #: 246708312007
  • Zoning: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5496.56
  • Tax Year: 2022

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%
Views
28
Current Estimated Value
$2,077,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,105
Avg. Annual Appreciation
3.71%

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%
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 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 $270,000
Previous Owner French Douglas R $268,000
Previous Owner Duncan Bonita J $211,200
Closed Duncan Bonita J $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $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

  • B

    Seller's Agent in 2023

    Becky Dombrowski

    Aspen Snowmass Sotheby's International Realty-Snowmass Village

    (970) 923-2006

    54 Total Sales

    Becky Dombrowski
    Section Image

  • A

    Buyer's Agent in 2023

    Andrew Doremus

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 948-3331

    5 Total Sales

    Andrew Doremus
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 180458

Aspen Glenwood MLS

APN: R025932

Colorado Eagle County Basalt 81621

505 Elk Run Dr, Basalt, CO

This home is located at 505 Elk Run Dr, Basalt, CO 81621 since 03 August 2023 and is currently estimated at $2,077,105, approximately $762 per square foot. This property was built in 1986. 505 Elk Run Dr is a home located in Eagle County with nearby schools including Cornerstone Classical School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Aspen Glenwood MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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