NOT LISTED FOR SALE

505 Lake Ct Basalt, CO 81621

Estimated Value: $1,840,000 - $2,143,898

3 Beds
2.5 Baths
2,464 Sq Ft
$795/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $595,000 $241 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $11,011/month

99 Days on Market

Highlights

  • Green Building
  • Landscaped with Trees
  • Water Softener
  • Views
  • Forced Air Heating and Cooling System
  • 2-minute walk to Willits Park

About This Home

As of June 2014

Beautiful Spacious home in the heart of Willits neighborhood, granite kitchen counters, stainless steel appliances, great entertaining kitchen, open floor plan, heated ceramic tile floors, 10' high ceilings first floor, 9' second floor, spacious master bedroom with sitting room, large window with view, master bath newly remodeled floor to ceiling glass enclosed steam shower, jacuzzi soaking tub, custom closets, central air, 2 car garage, cedar fencing, large lot, southern exposure.

Last Agent to Sell the Property

James Bineau

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 License #FA100035184 Listed on: 01/31/2014

Co-Listed By

Anita Bineau

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 License #IA.100035404

Last Buyer's Agent

Shael Johnson

Coldwell Banker Mason Morse-Aspen License #FA.40009261

Coldwell Banker Mason Morse-Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,277

Year Built

  • Built in 2000

Lot Details

  • 6,165 Sq Ft Lot
  • South Facing Home
  • Southern Exposure
  • Fenced
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof

Interior Spaces

  • 2,464 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Water Rights Not Included
  • Water Softener

Additional Features

  • Green Building
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 246502314001

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include sewer, water, trash
  • Willits Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,277

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: CBMMAspen
  • Co List Office Phone: 970-925-7000
  • Subdivision Name: Willits
  • Directions: Meadow drive to Lake Court across from the children's park
  • Above Grade Finished Sq Ft: 2660.0
  • Architectural Style: Two Story
  • Master Model: No
  • New Construction: No
  • Year Built: 2000
  • Tax Parcel Letter: R048506
  • Attribution Contact: (970) 925-7000
  • Keywords Info:Pre-Fabricated Home: No
  • 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: 3277.44
  • Financing Info:Tax Year2: 2013
  • Extras:Landscaping: Yes
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Lawn Sprinklers: Yes
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • HOA Fees Includes:Trash: Yes
  • HOA Fees Includes:Water: Yes
  • General Info:LvHtSqFt (Abv Grnd): 2660.0
  • Unit Faces:South: Yes
  • Style:Two Story: Yes
  • Cooling:Central AC: Yes
  • Extras:Softener: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 2464.0
  • Fireplace:Gas: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Disclosures: Seller Lic RE Agent
  • Construction Type: Frame
  • Property Condition: Excellent
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car

Utilities

  • Building Features: Yes
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer, Water, Trash

Lot Info

  • Lot Size Sq Ft: 6165.0
  • Parcel #: 246502314001
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3277.44
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2014
Closed on
Jun 30, 2014
Sold by
Skoric Ivan and Skoric Jacqueline Parker
Bought by
Weinstein Ellen M
Seller's Agent
James Bineau
Coldwell Banker Mason Morse-Aspen
Buyer's Agent
Shael Johnson
Coldwell Banker Mason Morse-Aspen
List Price
$659,000
Sold Price
$595,000
Premium/Discount to List
-$64,000
-9.71%
Current Estimated Value
$1,958,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,363,475
Avg. Annual Appreciation
10.91%

Purchase Details

Closed on
May 31, 2005
Sold by
Mitchell Kelley F and Cohen Nancy A
Bought by
Skoric Ivan and Skoric Jacqueline Parker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 1999
Sold by
Llc River Rock Homes Gold Medal Series
Bought by
Mitchell Kelley F and Cohen Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,200
Interest Rate
7.77%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Weinstein Ellen M $595,000 Attorneys Title Guaranty Fun
Skoric Ivan $500,000 Title Company Of Rockies Inc
Mitchell Kelley F $384,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Skoric Ivan $359,650
Previous Owner Mitchell Kelley F $307,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2014 06/30/14 Sold $595,000 -9.7% $241 / Sq Ft
05/11/2014 05/11/14 Pending -- -- --
01/31/2014 01/31/14 For Sale $659,000 -- $267 / 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 $8,994 $107,430 $28,830 $78,600
2023 $8,994 $107,430 $28,830 $78,600
2022 $5,689 $62,550 $15,290 $47,260
2021 $5,853 $64,350 $15,730 $48,620
2020 $4,769 $54,400 $15,370 $39,030
2019 $4,817 $54,400 $15,370 $39,030
2018 $4,590 $51,120 $13,100 $38,020
2017 $4,379 $51,120 $13,100 $38,020
2016 $4,120 $47,360 $12,340 $35,020
2015 -- $47,360 $12,340 $35,020
2014 $3,284 $40,260 $5,970 $34,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 132790

Aspen Glenwood MLS

APN: R048506