NOT LISTED FOR SALE

518 Park Cir Basalt, CO 81621

Estimated Value: $1,188,000 - $1,571,000

4 Beds
3 Baths
1,833 Sq Ft
$762/Sq Ft Est. Value

Last Sold May 29, 2018

Last sale price $640,000 $349 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $8,108/month

46 Days on Market

Highlights

  • Spa
  • Wood Burning Stove
  • Views
  • Green Building
  • Main Floor Primary Bedroom
  • 4-minute walk to Arbaney Park

About This Home

As of May 2018

Lovely home in Elk Run Subdivision in the heart of Basalt. Walk into this home with a tall ceiling for a living area you can enjoy. The kitchen has been remodeled and there is a great area for dining. The ground floor master has an adjacent den which can be used for a 4th bedroom. Wonderfully maintained yard with a hot tub where you can view the lovely sunsets or star gaze at night. Property is on a quiet street backed up to Arbaney Park for quick access to the playground, pool, and schools.

Stroll into town for dining and great shopping. This property is subject to a lease trade through May 26, 2018.

Last Agent to Sell the Property

Teri Christensen

Aspen Snowmass Sotheby's International Realty-Basalt Brokerage Phone: (970) 927-8080 License #FA40031276 Listed on: 01/24/2018

Aspen Snowmass Sotheby's International Realty-Basalt

Last Buyer's Agent

Ryan Thompson

Christie's International Real Estate Aspen Snowmass License #FA100035406

Christie's International Real Estate Aspen Snowmass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,053

Year Built

  • Built in 1987

Lot Details

  • 5,949 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned SF

Parking

  • 1 Car Garage

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,833 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Treatments
  • Crawl Space
  • Property Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Green Building

Outdoor Features

  • Spa
  • Patio
  • Storage Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Water Rights Not Included
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 246708312015

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include sewer, snow removal, ground maintenance
  • Elk Run Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Snow Removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,053

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Inclusions: Ceiling Fan, Dryer, Refrigerator, Washer, Window Coverings, Range, Dishwasher
  • Subdivision Name: Elk Run
  • Directions: Heading west on Hwy 82, exit at Two Rivers Road. Turn right on Elk Run Drive. At 2nd stop sign turn left on Park Circle. Home is on the left.
  • Architectural Style: Two Story
  • Master Model: No
  • New Construction: No
  • Year Built: 1987
  • Tax Parcel Letter: R025941
  • Attribution Contact: (970) 927-8080
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: SF
  • General Info:Main Floor Master: Yes
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 4053.44
  • Financing Info:Tax Year2: 2016
  • Extras:Hot TubSpa: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Substructure:Crawl Space: Yes
  • Extras:Fence: Yes
  • Cooling:None: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • Unit Faces:East: Yes
  • Style:Two Story: Yes
  • Water:Community: Yes
  • Roof:Metal: Yes
  • Extras:Storage Shed: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 1833.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Frame
  • Property Condition: Excellent
  • Roof: Metal
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 Car
  • Keywords Info:Garage: 1 Car
  • Parking Area:_one_ Car2: Yes

Utilities

  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wood Stove, Forced Air, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Community
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes
  • Heating:Wood Stove: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer, Snow Removal, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 5949.0
  • Parcel #: 246708312015
  • Zoning: SF
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4053.44
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2018
Closed on
May 24, 2018
Sold by
Shgrony Ryan R and Shgrony Amanda M
Bought by
Wolfer Carrie A and Wolfer Mattheqw
Seller's Agent
Teri Christensen
Aspen Snowmass Sotheby's International Realty-Basalt
Buyer's Agent
Ryan Thompson
Christie's International Real Estate Aspen Snowmass
List Price
$699,900
Sold Price
$640,000
Premium/Discount to List
-$59,900
-8.56%
Current Estimated Value
$1,395,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$755,915
Avg. Annual Appreciation
11.04%
Original Mortgage
$512,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2014
Closed on
Apr 13, 2015
Sold by
Wontor Richard and Wontor Catherine Ann
Bought by
Shorney Ryan R and Shorney Amanda M
Seller's Agent
Kathy DeWolfe
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Buyer's Agent
Mark Ronay
Berkshire Hathaway Home Services Signature Properties
List Price
$625,000
Sold Price
$590,000
Premium/Discount to List
-$35,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.63%
Original Mortgage
$300,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 1997
Sold by
Wontor Catherine Ann
Bought by
Wontor Richard and Wontor Catherine Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
7.31%
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
Wolfer Carrie A $640,000 None Available
Shorney Ryan R $590,000 Land Title Guarantee Company
Wontor Richard -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolfer Carrie $200,000
Open Wolfer Carrie A $492,000
Closed Wolfer Carrie A $512,000
Previous Owner Shorney Ryan R $300,000
Previous Owner Wontor Richard $80,000
Previous Owner Wontor Catherine Ann $346,000
Previous Owner Wontor Richard $100,000
Previous Owner Wontor Richard $240,000
Previous Owner Wontor Richard $240,000
Previous Owner Wontor Richard $82,000
Previous Owner Wontor Richard $35,000
Previous Owner Wontor Richard $158,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2018 05/29/18 Sold $640,000 -8.6% $349 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $699,900 +18.6% $382 / Sq Ft
04/13/2015 04/13/15 Sold $590,000 -5.6% $326 / Sq Ft
02/03/2015 02/03/15 Pending -- -- --
05/23/2014 05/23/14 For Sale $625,000 -- $345 / 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 $6,018 $72,060 $11,150 $60,910
2023 $6,018 $72,060 $11,150 $60,910
2022 $4,992 $54,410 $12,160 $42,250
2021 $5,214 $55,980 $12,510 $43,470
2020 $4,451 $49,560 $10,730 $38,830
2019 $4,503 $49,560 $10,730 $38,830
2018 $4,715 $51,150 $10,800 $40,350
2017 $4,509 $51,150 $10,800 $40,350
2016 $4,053 $45,300 $9,950 $35,350
2015 -- $45,300 $9,950 $35,350
2014 $2,617 $31,070 $8,360 $22,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 152261

Aspen Glenwood MLS

APN: R025941