NOT LISTED FOR SALE

517 Lake Ct Basalt, CO 81621

Estimated Value: $1,975,000 - $2,459,000

4 Beds
3.5 Baths
3,292 Sq Ft
$684/Sq Ft Est. Value

Last Sold July 26, 2016

Last sale price $900,000 $273 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $12,687/month

58 Days on Market

Highlights

  • Green Building
  • 2 Car Garage
  • Heating System Uses Natural Gas
  • Laundry Room
  • Property is in excellent condition
  • 1-minute walk to Willits Park

About This Home

As of July 2016

Nicely appointed 4 bedroom, 3.5 bath home in Willits. NEW carpet, flooring and paint throughout the house. Main level features a Master bedroom, a 2nd bedroom with en suite bath and an office with french doors. High ceilings and open floor plan kitchen, living room, dining area. Laundry and mud room off the garage. Large den on 2nd floor. Stop paying mini-storage fees... 783 square feet of storage in two large attic spaces . The backyard has a patio and a tranquil, woodsy setting. Stainless appliances, washer & dryer included. Easy to show, call Listing Broker (not the broker's office).All HOA documents can be found at www.fcprentals.com

Click on the "HOA Mgmt" link

Password is: spmo2015 All HOA documents can be found at www.fcprentals.com
Click on the "HOA Mgmt" link
Password is: spmo2015

Last Agent to Sell the Property

Stacey McLendon Craft

Happy Real Estate Listed on: 04/12/2016

Last Buyer's Agent

Brenda Wild

Berkshire Hathaway Home Services Signature Properties License #ER.40031244

Berkshire Hathaway Home Services Signature Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,122

Year Built

  • Built in 2006

Lot Details

  • 6,289 Sq Ft Lot
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Frame Construction

Interior Spaces

  • 3,292 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Green Building

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 246502314007

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,122

Year Built

Built in 2006

Lot Details

0

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: Willits
  • Directions: From Hwy 82 (headed down valley) turn left on Original Rd, Right on East Valley Road and then turn Right on Lake Ct.
  • Above Grade Finished Sq Ft: 3292.0
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2006
  • Tax Parcel Letter: P030762
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: residential
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • General Info:Short Termable: No
  • Financing Info:Taxes2: 5121.76
  • Financing Info:Tax Year2: 2015
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • General Info:LvHtSqFt (Abv Grnd): 3292.0
  • Style:Two Story: Yes
  • Home Performance Programs:Energy Star Rated: No
  • Home Performance Programs:Indoor Air Plus: No
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3292.0
  • Fireplace:Gas: Yes

Exterior Features

  • Construction Type: Frame
  • Property Condition: Excellent
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car
  • General Info:Garage SqFt: 531.0

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 6289.0
  • Parcel #: 246502314007
  • Zoning: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5121.76
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2016
Closed on
Jul 25, 2016
Sold by
Lgr Properties Ltd
Bought by
Chen Simon and Stone Chen Susan
Seller's Agent
Stacey McLendon Craft
Happy Real Estate
Buyer's Agent
Brenda Wild
Berkshire Hathaway Home Services Signature Properties
List Price
$925,000
Sold Price
$900,000
Premium/Discount to List
-$25,000
-2.7%
Current Estimated Value
$2,252,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,352,214
Avg. Annual Appreciation
10.19%
Original Mortgage
$720,000
Outstanding Balance
$556,330
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,695,884

Purchase Details

Closed on
Aug 31, 2007
Sold by
Blotske Trevor J and Blotske April R
Bought by
Lgr Properties Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2005
Sold by
Flynn Michael F
Bought by
Blotske Trevor J and Blotske April R

Purchase Details

Closed on
Jul 21, 2000
Sold by
River Rock Homes Gold Medal Series Ii Ll
Bought by
Flynn Michael F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
8.36%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chen Simon $900,000 Stewart Title
Lgr Properties Ltd $1,100,000 Land Title Guarantee Company
Blotske Trevor J $175,000 Land Title Guarantee Company
Flynn Michael F $103,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Simon $720,000
Previous Owner Lgr Properties Ltd $880,000
Previous Owner Flynn Michael F $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2016 07/26/16 Sold $900,000 -2.7% $273 / Sq Ft
06/09/2016 06/09/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $925,000 -- $281 / 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 $11,062 $132,140 $29,010 $103,130
2023 $11,062 $132,140 $29,010 $103,130
2022 $7,168 $78,810 $15,290 $63,520
2021 $7,374 $81,070 $15,730 $65,340
2020 $5,678 $64,770 $15,370 $49,400
2019 $5,735 $64,770 $15,370 $49,400
2018 $6,145 $68,430 $13,100 $55,330
2017 $5,862 $68,430 $13,100 $55,330
2016 $5,248 $60,320 $12,340 $47,980
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 143468

Aspen Glenwood MLS

APN: R048512