NOT LISTED FOR SALE

509 Lake Ct Basalt, CO 81621

Estimated Value: $1,612,000 - $2,251,000

4 Beds
3.5 Baths
2,714 Sq Ft
$727/Sq Ft Est. Value

Last Sold December 18, 2024

Last sale price $1,817,417 $670 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $11,115/month

144 Days on Market

Highlights

  • Spa
  • 2 Fireplaces
  • Patio
  • Green Building
  • Interior Lot
  • 1-minute walk to Willits Park

About This Home

As of December 2024

Wonderful home in the desirable mid-valley community of Willits. Recently remodeled and painted, this well-maintained home features 4 bedrooms and 3.5 baths. Featuring a new kitchen, adjacent dining room and two living room areas providing spacious room for family and guests. Vaulted ceilings and an abundance of large windows throughout flood the interior spaces with natural light. Enjoy the beautiful fenced-in backyard with hot tub and mature landscaping. Also includes extra outdoor storage and a heated 2 car garage. Located in the heart of the mid-valley, just steps away from Whole Foods, shops, restaurants, parks, trails, Willits Arts Campus and the Steadman Clinic. Easy access to ski resorts, crown mountain and all the recreation the valley has to offer.

Last Agent to Sell the Property

Greg Didier

Aspen Snowmass Sotheby's International Realty-Snowmass Village Brokerage Phone: (970) 923-2006 License #FA40018485 Listed on: 06/13/2024

Co-Listed By

Terry Rogers

Aspen Snowmass Sotheby's International Realty-Snowmass Village Brokerage Phone: (970) 923-2006 License #EA1233565

Last Buyer's Agent

Christy Clettenberg

Coldwell Banker Mason Morse-Aspen License #FA100014334

Coldwell Banker Mason Morse-Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,008

Year Built

  • Built in 1999

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced
  • Interior Lot
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Cement Board or Planked

Interior Spaces

  • 2,714 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Gas Fireplace

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Green Building
  • Mineral Rights Excluded

Community Details

  • Association fees include sewer, trash, ground maintenance
  • Willits Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246502314003
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,008

Year Built

Built in 1999

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: asssmva
  • Co List Office Phone: 970-923-2006
  • Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Range, Microwave, Dishwasher
  • Subdivision Name: Willits
  • Directions: Hwy 82 to Willits Ln. Take a left onto Meadow Ln, right on Valley Rd and then a left on Lake Ct.
  • Architectural Style: Two Story
  • Master Model: No
  • New Construction: No
  • Year Built: 1999
  • Tax Parcel Letter: R048508
  • Attribution Contact: (970) 923-2006
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 9007.96
  • Financing Info:Tax Year2: 2023
  • Extras:Hot TubSpa: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Substructure:Slab: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • HOA Fees Includes:Trash: Yes
  • Style:Two Story: Yes
  • Water:Community: Yes
  • Inclusions:Oven: Yes
  • Cooling:Central AC: Yes
  • Inclusions:Freezer: Yes
  • Exterior:Cement Board: Yes
  • Cooling:AC: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 600.0
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2714.0
  • Fireplace:Gas: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Interior Lot, Landscaped
  • Construction Type: Cement Siding, Frame
  • Foundation Details: Slab
  • Property Condition: Excellent
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0
  • Parking Area Total Parking: 2.0

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: A/C, Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Community
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 150.0
  • Financing Info:Association Fee Frequency2: Quarterly
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Interior Lot: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer, Trash, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 6098.0
  • Parcel #: 246502314003
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9007.96
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2023
Sold by
Logan Mark and Logan Cristal
Bought by
Logan Cristal
Current Estimated Value
$1,974,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Outstanding Balance
$927,422
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$1,047,000

Purchase Details

Closed on
Oct 31, 2006
Sold by
Benson Stephen F and Benson Katie K
Bought by
Logan Mark and Logan Cristal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 1999
Sold by
Llc River Rock Homes Gold Medal Series
Bought by
Benson Stephen F and Benson Katie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,400
Interest Rate
7.62%
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
Logan Cristal -- None Listed On Document
Logan Mark $739,000 None Available
Benson Stephen F $415,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Logan Cristal $950,000
Previous Owner Logan Mark $564,000
Previous Owner Benson Stephen F $332,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2024 12/18/24 Sold $1,817,417 -4.1% $670 / Sq Ft
10/29/2024 10/29/24 Price Changed $1,895,000 -5.0% $698 / Sq Ft
07/23/2024 07/23/24 Price Changed $1,995,000 -9.1% $735 / Sq Ft
06/13/2024 06/13/24 For Sale $2,195,000 -- $809 / 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 $9,008 $107,600 $28,830 $78,770
2023 $9,008 $107,600 $28,830 $78,770
2022 $5,896 $64,820 $15,290 $49,530
2021 $6,065 $66,680 $15,730 $50,950
2020 $4,735 $54,010 $15,370 $38,640
2019 $4,782 $54,010 $15,370 $38,640
2018 $4,967 $55,310 $13,100 $42,210
2017 $4,738 $55,310 $13,100 $42,210
2016 $4,323 $49,690 $12,340 $37,350
2015 -- $49,690 $12,340 $37,350
2014 $3,411 $41,810 $5,970 $35,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 184152

Aspen Glenwood MLS

APN: R048508