511 Lake Ct Basalt, CO 81621
Estimated Value: $1,698,130 - $2,038,000
3
Beds
2.5
Baths
2,283
Sq Ft
$831/Sq Ft
Est. Value
Highlights
- Green Building
- Patio
- Landscaped
- Interior Lot
- Laundry Room
- 1-minute walk to Willits Park
About This Home
As of August 2021Located 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
Aspen Snowmass Sotheby's International Realty-Basalt Brokerage Phone: (970) 927-8080 License #EA335811 Listed on: 06/23/2021
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
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
Total Days on Market
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$546,033
Avg. Annual Appreciation
7.94%
Original Mortgage
$910,000
Outstanding Balance
$836,347
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$980,844
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%
Similar Homes in Basalt, CO
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $330,093 | |
| Previous Owner | Ho Muc A | $159,900 | |
| Previous Owner | Ho Muc A | $417,000 | |
| Previous Owner | Ho Muc A | $357,500 | |
| Previous Owner | Ho Muc A | $357,500 | |
| Previous Owner | Ho Muc A | $349,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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
-
Terry Harrington
T
Seller's Agent in 2021
Terry Harrington
Aspen Snowmass Sotheby's International Realty-Basalt
(970) 273-3051
6 in this area
36 Total Sales
-
Stefan Peirson
Buyer's Agent in 2021
Stefan Peirson
ENGEL & VOLKERS
(970) 379-0070
20 in this area
123 Total Sales
Map
Source: Aspen Glenwood MLS
MLS Number: 170681
APN: R048509
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