NOT LISTED FOR SALE

527 Lake Ct Basalt, CO 81621

Estimated Value: $1,981,000 - $2,266,372

4 Beds
3.5 Baths
3,031 Sq Ft
$717/Sq Ft Est. Value

Last Sold September 05, 2023

Last sale price $1,850,000 $610 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $12,691/month

53 Days on Market

Highlights

  • Green Building
  • Air Conditioning
  • Patio
  • Main Floor Primary Bedroom
  • Views
  • 1-minute walk to Willits Park

About This Home

As of September 2023

Arguably one of the best backyards in Willits, this private home features 4 bedrooms, 3.5 bathrooms, a main floor primary suite, two car garage, vaulted ceilings, a gas fireplace and built-in speakers. Remodeled in 2019, this residence has a new kitchen, new outdoor patio, new master bedroom floors, new lighting, water softener, carpets and more. Located across the street from the Willits park, and close proximity to everything in the heart of the mid-valley.

Last Agent to Sell the Property

Sam Augustine

Compass Aspen Brokerage Phone: 970-925-6063 License #FA100074252 Listed on: 06/06/2023

Compass Aspen

Last Buyer's Agent

Hank Carter

Compass Aspen License #FA100078083

Compass Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,165

Year Built

  • Built in 2000

Lot Details

  • 7,942 Sq Ft Lot
  • Fenced
  • 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
  • Wood Siding

Interior Spaces

  • 3,031 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Crawl Space
  • Laundry Room
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Rights Not Included
  • Water Softener
  • Cable TV Available

Additional Features

  • Green Building
  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • Exclusions: Washer, Dryer
  • Assessor Parcel Number 246502314012

Community Details

Overview

  • Association fees include contingency fund, management, sewer, trash, ground maintenance
  • Sopris Meadows One Subdivision

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,165

Year Built

Built in 2000

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Inclusions: Refrigerator, Water Softener, Range, Microwave, Dishwasher
  • Subdivision Name: Sopris Meadows One
  • Directions: If you are coming from Whole Foods/Willits Town Center you will take the second left onto Lake Court street, the house is on your right.
  • Architectural Style: Two Story
  • Master Model: No
  • New Construction: No
  • Year Built: 2000
  • Tax Parcel Letter: R048517
  • Attribution Contact: 970-925-6063
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: RES
  • General Info:Main Floor Master: Yes
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • General Info:Short Termable: No
  • Financing Info:Taxes2: 6165.0
  • Financing Info:Tax Year2: 2022
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • HOA Fees Includes:Management: Yes
  • Condition:Good: Yes
  • Substructure:Crawl Space: Yes
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • HOA Fees Includes:Trash: Yes
  • Inclusions:Water Softener: Yes
  • Style:Two Story: Yes
  • Water:Community: Yes
  • Cooling:AC: Yes
  • Extras:Softener: Yes
  • Exclusions: 4 flat screen TVs, light fixture above dining table
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 600.0
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3031.0
  • Fireplace:Gas: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Exclusions: Washer, Dryer
  • Construction Type: Wood Siding, Frame
  • 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

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: A/C
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Community
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 600.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 600.0
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Contingency Fund, Management, Sewer, Trash, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 7942.0
  • Parcel #: 246502314012
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6165.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2025
Sold by
Carter Shelby H and Carter Elizabeth
Bought by
Carter Shelby H and Demas Chrysanthe Victoria
Current Estimated Value
$2,174,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,480,000
Outstanding Balance
$1,480,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$726,311

Purchase Details

Listed on
Jun 6, 2023
Closed on
Sep 5, 2023
Sold by
Godomsky Heidi and Godomsky Mark
Bought by
Carter Shelby H and Carter Elizabeth
Seller's Agent
Sam Augustine
Compass Aspen
Buyer's Agent
Hank Carter
Compass Aspen
List Price
$2,195,000
Sold Price
$1,850,000
Premium/Discount to List
-$345,000
-15.72%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$1,480,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2019
Closed on
Jun 6, 2019
Sold by
527 Lake Court Llc
Bought by
Godomsky Heidi and Godomsky Mark
Seller's Agent
Tara Turner
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Buyer's Agent
Bryan Peterson
Christie's International Real Estate Aspen Snowmass
List Price
$1,075,000
Sold Price
$985,000
Premium/Discount to List
-$90,000
-8.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.99%
Original Mortgage
$788,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 2007
Sold by
Raife David P
Bought by
527 Lake Court Llc

Purchase Details

Closed on
Feb 27, 2001
Sold by
Timberland Development Inc
Bought by
Raife David P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
7.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 30, 2000
Sold by
Georgiaco Llc
Bought by
Timberland Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
10%
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
Carter Shelby H -- Land Title
Carter Shelby H $1,850,000 Land Title
Godomsky Heidi $985,000 Land Title Guarantee Co
527 Lake Court Llc -- Stewart Title
Raife David P $495,000 Stewart Title
Timberland Development Inc $128,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Shelby H $1,480,000
Previous Owner Carter Shelby H $1,480,000
Previous Owner Godomsky Heidi M $768,000
Previous Owner Godomsky Heidi $788,000
Previous Owner Godomsky Heidi $250,000
Previous Owner Raife David P $900,000
Previous Owner Raife David P $315,000
Previous Owner Raife David P $434,000
Previous Owner Raife David P $305,000
Previous Owner Raife David P $402,000
Previous Owner Raife David P $50,000
Previous Owner Raife David P $500,000
Previous Owner Raife David P $49,500
Previous Owner Raife David P $396,000
Previous Owner Timberland Development Inc $360,000
Closed Timberland Development Inc $64,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 Sold $1,850,000 -7.3% $610 / Sq Ft
07/06/2023 07/06/23 Price Changed $1,995,000 -9.1% $658 / Sq Ft
06/06/2023 06/06/23 For Sale $2,195,000 +122.8% $724 / Sq Ft
06/06/2019 06/06/19 Sold $985,000 -8.4% $325 / Sq Ft
04/16/2019 04/16/19 For Sale $1,075,000 -- $355 / Sq Ft
04/15/2019 04/15/19 Pending -- -- --
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 $9,503 $113,510 $28,880 $84,630
2023 $9,503 $113,510 $28,880 $84,630
2022 $6,165 $67,780 $15,290 $52,490
2021 $6,342 $69,730 $15,730 $54,000
2020 $4,922 $56,140 $15,370 $40,770
2019 $4,971 $56,140 $15,370 $40,770
2018 $5,182 $57,710 $13,100 $44,610
2017 $4,944 $57,710 $13,100 $44,610
2016 $4,495 $51,670 $12,340 $39,330
2015 -- $51,670 $12,340 $39,330
2014 $3,554 $43,570 $5,970 $37,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 179565

Aspen Glenwood MLS

APN: R048517