NOT LISTED FOR SALE

511 Lake Ct Basalt, CO 81621

Estimated Value: $1,874,859 - $2,089,000

3 Beds
2.5 Baths
2,283 Sq Ft
$863/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $1,350,000 $591 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $11,118/month

3 Days on Market

Highlights

  • Green Building
  • Patio
  • Landscaped
  • Interior Lot
  • Laundry Room
  • 1-minute walk to Willits Park

About This Home

As of August 2021

Located in the desirable Willits area of Basalt. This wonderful 3 bedroom, 2 1/2 bath home has office/flex room on the main floor. Walk into the large formal living room/dining room with vaulted ceilings and big windows that bring in lots of natural light. The family room has a gas fireplace and opens to the kichen and informal dining area with a sliding glass door to the backyard.. Bedrooms and laundry are upstairs. New carpet throughout and new kitchen appliances make this home ready to move right in.

Last Agent to Sell the Property

Terry Harrington

Aspen Snowmass Sotheby's International Realty-Basalt Brokerage Phone: (970) 927-8080 License #EA335811 Listed on: 06/23/2021

Aspen Snowmass Sotheby's International Realty-Basalt

Last Buyer's Agent

Stefan Peirson

ENGEL & VOLKERS License #EA40021850

ENGEL & VOLKERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,249

Year Built

  • Built in 1999

Lot Details

  • 6,044 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Landscaped
  • Interior Lot
  • Sprinkler System
  • Property is in good condition

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,283 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Rights Not Included

Additional Features

  • Green Building
  • Patio
  • Mineral Rights Excluded

Community Details

  • Association fees include sewer
  • Sopris Meadows One Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246502314004

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,249

Year Built

Built in 1999

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Inclusions: Dryer, Refrigerator, Washer, Range, Microwave, Dishwasher
  • Subdivision Name: Sopris Meadows One
  • Directions: Enter Willits on E. Valley Road (from Original Rd or from Town Center), Go North on Lake Court closest to Town Center. .
  • Above Grade Finished Sq Ft: 2283.0
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1999
  • Tax Parcel Letter: R048509
  • Attribution Contact: (970) 927-8080
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Single Family
  • General Info:Main Floor Master: No
  • 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
  • General Info:Short Termable: No
  • Financing Info:Taxes2: 4249.16
  • Financing Info:Tax Year2: 2020
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Water Rights:No3: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Electric:Yes: Public
  • Condition:Good: Yes
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • General Info:LvHtSqFt (Abv Grnd): 2283.0
  • General Info:Unit Faces: East
  • Style:Two Story: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 500.0
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2283.0
  • Fireplace:Gas: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Interior Lot, Landscaped
  • Construction Type: Wood Siding, Frame
  • Direction Faces: East
  • Property Condition: Good
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes
  • General Info:Garage SqFt: 492.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 125.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 125.0
  • Financing Info:Association Fee Frequency2: Quarterly
  • Location Amenities:Interior Lot: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 6044.0
  • Parcel #: 246502314004
  • Zoning: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4249.16
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Aug 10, 2021
Sold by
Ho Muc A and Li Xi Y
Bought by
Fuller Michael
Seller's Agent
Terry Harrington
Aspen Snowmass Sotheby's International Realty-Basalt
Buyer's Agent
Stefan Peirson
ENGEL & VOLKERS
List Price
$1,350,000
Sold Price
$1,350,000
Current Estimated Value
$1,969,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$619,715
Avg. Annual Appreciation
9.41%
Original Mortgage
$910,000
Outstanding Balance
$827,472
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,142,243

Purchase Details

Closed on
Apr 12, 2006
Sold by
Ho Muc A
Bought by
Ho Muc A and Li Xi Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.32%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 21, 1999
Sold by
Llc River Rock Homes Gold Medal Series
Bought by
Ho Muc A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,200
Interest Rate
8.23%
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
Fuller Michael $1,350,000 Land Title Guarantee
Ho Muc A -- Stewart Title
Ho Muc A $388,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuller Michael $910,000
Previous Owner Ho Muc A $417,000
Previous Owner Ho Muc A $349,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2021 08/13/21 Sold $1,350,000 0.0% $591 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $1,350,000 -- $591 / 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 $7,965 $95,140 $28,700 $66,440
2023 $7,965 $95,140 $28,700 $66,440
2022 $5,254 $57,760 $15,290 $42,470
2021 $5,405 $59,420 $15,730 $43,690
2020 $4,249 $48,470 $15,370 $33,100
2019 $4,291 $48,470 $15,370 $33,100
2018 $4,423 $49,250 $13,100 $36,150
2017 $4,219 $49,250 $13,100 $36,150
2016 $3,849 $44,240 $12,340 $31,900
2015 -- $44,240 $12,340 $31,900
2014 $2,999 $36,760 $5,970 $30,790
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Terry Harrington

    Aspen Snowmass Sotheby's International Realty-Basalt

    (970) 273-3051

    5 in this area

    31 Total Sales

    Terry Harrington
    Section Image
  • Stefan Peirson

    Buyer's Agent in 2021

    Stefan Peirson

    ENGEL & VOLKERS

    (970) 379-0070

    16 in this area

    124 Total Sales

    Stefan Peirson
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 170681

Aspen Glenwood MLS

APN: R048509

Colorado Eagle County Basalt 81621

511 Lake Ct, Basalt, CO

This home is located at 511 Lake Ct, Basalt, CO 81621 since 23 June 2021 and is currently estimated at $1,969,715, approximately $862 per square foot. This property was built in 1999. 511 Lake Ct 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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