Seller's Agent in 2023
Susan Stone-Chen
SSC & Company llc
(970) 379-4451
6 in this area
41 Total Sales
525 Lake Ct Basalt, CO 81621
Estimated Value: $2,477,000 - $3,405,000
4
Beds
3.5
Baths
2,931
Sq Ft
$986/Sq Ft
Est. Value
Highlights
- Green Building
- Interior Lot
- Laundry Room
- Steam Shower
- Patio
- 1-minute walk to Willits Park
About This Home
As of November 2023Experience the perfect blend of rustic charm and modern elegance in this exquisitely renovated home. Bask in the comfortable warmth of the cozy fireplace as natural light floods the room and illuminates the gorgeous new hardwood floors and vaulted ceiling.
Inviting bedrooms offer ample natural light, and plush carpeting provides added comfort. Relax in a spa-like experience with an oversized primary bathroom featuring a soaking tub, Bluetooth steam shower surrounded by marble tiles, and a sleek lighted and anti-fog mirror.
Step out into your private oasis, with a charming wooden terrace and a vast, well-manicured yard that is among the largest in Willits and does not back up to Highway 82. Experience seamless living between indoor and outdoor spaces in this stunning property, complete with a spacious deck and outdoor areas perfect for stylish outdoor gatherings.
This property underwent an extensive remodel in 2023, which included the creation of a custom-designed kitchen by a Relais and Chateaux chef, complete with top-of-the-line Viking appliances and a clean, sleek design finished with hidden outlets and fridge and microwave drawers, walk-in pantry. The marble backsplash with mother-of-pearl inlays adds a touch of elegance to this already luxurious space.
Many other upgrades and repairs were made to improve the home's functionality, like a new furnace and AC.
According the Sopris Meadow One PUD 45% of the lot size can be developed which means an additional 1,059 sq ft can be added to the home.
Last Agent to Sell the Property
SSC & Company llc Brokerage Phone: (970) 925-7000 License #FA.100067603 Listed on: 06/26/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,341
Year Built
- Built in 2002
Lot Details
- 8,868 Sq Ft Lot
- South Facing Home
- Southern Exposure
- Fenced
- Interior Lot
- Sprinkler System
- Landscaped with Trees
- Property is in good condition
HOA Fees
- $50 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Frame Construction
- Composition Roof
- Composition Shingle Roof
- Metal Roof
- Wood Siding
- Radon Mitigation System
Interior Spaces
- 2,931 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Gas Fireplace
- No or Low VOC Flooring
- Crawl Space
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Low Flow Toliet
- Steam Shower
Laundry
- Laundry Room
- ENERGY STAR Qualified Dryer
- ENERGY STAR Qualified Washer
Eco-Friendly Details
- Green Building
- Energy-Efficient Lighting
- ENERGY STAR/CFL/LED Lights
- No or Low VOC Paint or Finish
Utilities
- Forced Air Heating and Cooling System
- Water Rights Not Included
- Water Softener
- Cable TV Available
Additional Features
- Patio
- Mineral Rights Excluded
Community Details
- Association fees include sewer, water, trash
- Sopris Meadows One Subdivision
Listing and Financial Details
- Assessor Parcel Number 246502314011
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 26, 2023
Closed on
Nov 6, 2023
Sold by
Bought by
Seller's Agent
Susan Stone-Chen
SSC & Company llc
Buyer's Agent
Hilary Stumpus
SSC & Company llc
List Price
$3,100,000
Sold Price
$2,855,000
Premium/Discount to List
-$245,000
-7.9%
Views
43
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
$35,128
Avg. Annual Appreciation
0.47%
Original Mortgage
$2,355,000
Outstanding Balance
$2,298,506
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$591,622
Purchase Details
Closed on
Jun 28, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$683,000
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 17, 2006
Sold by
Bought by
Purchase Details
Closed on
Jul 1, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
8.15%
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,855,000 | None Listed On Document | ||
| $2,855,000 | None Listed On Document | ||
| $975,000 | Title Company Of The Rockies | ||
| $730,000 | None Available | ||
| $126,000 | Pitkin County Title Inc |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,355,000 | ||
| Closed | $354,453 | ||
| Previous Owner | $683,000 | ||
| Previous Owner | $100,800 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2023 11/06/23 | Sold | $2,855,000 | -1.6% | $974 / Sq Ft |
| 08/14/2023 08/14/23 | Price Changed | $2,900,000 | -3.3% | $989 / Sq Ft |
| 08/01/2023 08/01/23 | Price Changed | $2,999,995 | -3.2% | $1,024 / Sq Ft |
| 06/26/2023 06/26/23 | For Sale | $3,100,000 | -- | $1,058 / Sq Ft |
Source: Aspen Glenwood MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $9,957 | $176,500 | $27,810 | $148,690 |
| 2024 | $9,681 | $115,640 | $28,890 | $86,750 |
| 2023 | $9,681 | $115,640 | $28,890 | $86,750 |
| 2022 | $6,341 | $69,710 | $15,290 | $54,420 |
| 2021 | $5,873 | $71,720 | $15,730 | $55,990 |
| 2020 | $4,444 | $57,840 | $15,370 | $42,470 |
| 2019 | $4,488 | $57,840 | $15,370 | $42,470 |
| 2018 | $4,697 | $59,510 | $13,100 | $46,410 |
| 2017 | $4,481 | $59,510 | $13,100 | $46,410 |
| 2016 | $4,607 | $52,950 | $12,340 | $40,610 |
| 2015 | -- | $52,950 | $12,340 | $40,610 |
| 2014 | $3,704 | $45,410 | $5,970 | $39,440 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Stone-Chen
-
Hilary Stumpus
H
Buyer's Agent in 2023
Hilary Stumpus
SSC & Company llc
(970) 456-5000
2 in this area
20 Total Sales
Map
Source: Aspen Glenwood MLS
MLS Number: 179944
APN: R048516
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.
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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