NOT LISTED FOR SALE

508 Wild Spring Ln Basalt, CO 81621

Estimated Value: $1,744,000 - $2,096,000

3 Beds
2.5 Baths
1,951 Sq Ft
$132/mo HOA Fee

Last Sold September 27, 2021

Last sale price $1,300,000 $666 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $10,752/month

3 Days on Market

Highlights

  • Spa
  • Hydromassage or Jetted Bathtub
  • Steam Shower
  • Indoor airPLUS
  • 2 Fireplaces
  • Furnished

About This Home

As of September 2021

South-west sunny amazing views, including the river from this private end location. Upper level enjoys vaulted ceilings and windows on two sides, custom built-in cabinetry & sound system, split air and gas fireplace. Enter at the living/deck/kitchen/dining/powder level with three bedrooms, two baths and laundry on the lower level. One-car garage with room for gear and toys. The Wilds offers private quiet patio spaces at its pool and tub with beautiful walking trails into downtown Basalt.

Last Agent to Sell the Property

Leah Moriarty

Aspen Snowmass Sotheby's International Realty-Snowmass Village Brokerage Phone: (970) 923-2006 License #FA1021855 Listed on: 08/27/2021

Co-Listed By

Walker Moriarty

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 923-2006 License #FA.100091248

Last Buyer's Agent

Jennifer Fulton

Christie's International Real Estate Aspen Snowmass License #FA100037061

Christie's International Real Estate Aspen Snowmass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,781

Year Built

  • Built in 2000

Lot Details

  • South Facing Home
  • Southern Exposure
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

HOA Fees

  • $132 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • 1,951 Sq Ft Home
  • 2-Story Property
  • Furnished
  • 2 Fireplaces
  • Gas Fireplace
  • Home Security System
  • Property Views

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Pool

Utilities

  • Air Conditioning
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Indoor airPLUS
  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 246707430014

Community Details

Overview

  • Association fees include contingency fund, management, sewer, snow removal, ground maintenance
  • The Wilds Subdivision
  • On-Site Maintenance
  • Property is near a preserve or public land

Recreation

  • Snow Removal

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,781

Year Built

Built in 2000

Lot Details

0

HOA Fees

$132 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: ASSHMA
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Stove Top, Range, Microwave, Dishwasher
  • Subdivision Name: The Wilds
  • Directions: Two Rivers Road to Homestead Drive; left onto Wild Springs, left at mailbox, #508 top, very end, park in driveway.
  • Above Grade Finished Sq Ft: 1951.0
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2000
  • Tax Parcel Letter: R046806
  • Attribution Contact: (970) 923-2006
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: PUD
  • General Info:Main Floor Master: 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: 3781.0
  • Financing Info:Tax Year2: 2020
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Extras:Pool: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Substructure:Slab: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • HOA Fees Includes:Management: Yes
  • Miscellaneous:Under Construction3: No
  • Electric:Yes: Public
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • General Info:LvHtSqFt (Abv Grnd): 1951.0
  • Exterior:Stucco: Yes
  • General Info:Unit Faces: South
  • Style:Two Story: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Stove Top: Yes
  • Roof:Metal: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Cooling:AC: Yes
  • Home Performance Programs:Indoor Air Plus: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 1586.0
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 1951.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Other, Stone Veneer, Stucco, Frame
  • Direction Faces: South
  • Foundation Details: Slab
  • Property Condition: Excellent
  • Roof: Metal
  • Construction:Frame: Yes
  • Construction:Other6: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 1 Car
  • Parking Area:_two_ Car2: Yes
  • General Info:Garage SqFt: 319.0

Utilities

  • Security: Security System
  • Cooling: A/C
  • Cooling Y N: Yes
  • Heating: Radiant, Natural Gas
  • Heating Yn: Yes
  • Electric: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 1586.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 1586.0
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Borders Public Land: Yes

Fee Information

  • Association Fee Includes: Contingency Fund, Management, Sewer, Snow Removal, Maintenance Grounds

Lot Info

  • Parcel #: 246707430014
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 3781.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2024
Sold by
Edwards Tim A and Edwards Kelli Denise
Bought by
T & K Edwards Family Ltd
Current Estimated Value
$1,931,858

Purchase Details

Listed on
Aug 27, 2021
Closed on
Sep 17, 2021
Sold by
Scott David E and Scott Linda Momsen
Bought by
Edwards Tim A
Seller's Agent
Leah Moriarty
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Buyer's Agent
Jennifer Fulton
Christie's International Real Estate Aspen Snowmass
List Price
$1,295,000
Sold Price
$1,300,000
Premium/Discount to List
$5,000
0.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%
Original Mortgage
$426,750
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2020
Sold by
Scott David E and Scott Linda M
Bought by
Scott David E and Scott Linda Momsen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2020
Sold by
Scott David E and Scott Linda M
Bought by
Scott David E and Scott Linda Momsen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2012
Sold by
Scott David E and Scott Linda M
Bought by
Monse Scott David E and Monse Scott Linda

Purchase Details

Closed on
Jun 24, 2003
Sold by
Scott Linda M and Scott David E
Bought by
Scott David E and Scott Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2002
Sold by
Scott David E
Bought by
Scott Linda M and Scott David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.21%

Purchase Details

Closed on
Sep 20, 2002
Sold by
Scott Linda M
Bought by
Scott David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.21%
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
T & K Edwards Family Ltd -- None Listed On Document
Edwards Tim A $1,300,000 Title Company Of The Rockies
Scott David E -- Land Title Guarantee Co
Scott David E -- Land Title Guarantee Co
Monse Scott David E -- None Available
Scott David E -- --
Scott Linda M -- First American Title Guarant
Scott David E -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edwards Tim A $426,750
Previous Owner Scott David E $190,000
Previous Owner Scott David E $300,000
Previous Owner Scott David E $300,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2021 09/27/21 Sold $1,300,000 +0.4% $666 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
08/22/2021 08/22/21 For Sale $1,295,000 -- $664 / 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 $5,974 $71,540 $8,550 $62,990
2023 $5,974 $71,540 $8,550 $62,990
2022 $5,018 $54,690 $6,530 $48,160
2021 $5,241 $56,270 $6,720 $49,550
2020 $3,781 $42,100 $5,020 $37,080
2019 $3,825 $42,100 $5,020 $37,080
2018 $3,470 $37,640 $4,480 $33,160
2017 $3,318 $37,640 $4,480 $33,160
2016 $6,353 $71,000 $8,480 $62,520
2015 -- $71,000 $8,480 $62,520
2014 $3,997 $47,450 $5,660 $41,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 171685

Aspen Glenwood MLS

APN: R046806