NOT LISTED FOR SALE

535 Riverside Dr Basalt, CO 81621

Estimated Value: $2,197,000 - $3,443,000

4 Beds
4.5 Baths
3,311 Sq Ft
$870/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $1,075,000 $325 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $16,480/month

26 Days on Market

Highlights

  • Green Building
  • Views
  • Home Security System
  • Corner Lot
  • Patio
  • Laundry Room

About This Home

As of February 2020

This spacious home in Basalt's Riverside Meadows neighborhood is only minutes away from the Frying Pan River and downtown Basalt. The open main level with beautiful cherry wood floors and cathedral ceilings provides an ideal space for gathering. Four bedrooms, an office, and a bonus room provide plenty of flexibility on how the home lives. Two large storage rooms and the oversized 2-car garage offer ample storage opportunities. The home has been tastefully updated throughout the years and has been meticulously cared for by its owner. Located on a hillside on a private 1/3-acre corner lot, the property borders community open space to the south and enjoys mountain views beyond. A large fenced-in yard with mature landscaping provides the perfect outdoor surround.

Last Agent to Sell the Property

Jay Wright

Aspen Snowmass Sotheby's International Realty-Basalt Brokerage Phone: (970) 927-8080 License #FA.100051437 Listed on: 09/25/2019

Last Buyer's Agent

Darryl Grosjean

Engel & Volkers Roaring Fork License #ER.000168871

Engel & Volkers Roaring Fork

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,506

Year Built

  • Built in 1989

Lot Details

  • 0.34 Acre Lot
  • Southern Exposure
  • Corner Lot
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,311 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Window Treatments
  • Finished Basement
  • Walk-Out Basement
  • Home Security System
  • Property Views

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Green Building
  • Patio
  • Mineral Rights Excluded

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Riverside Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246708302003

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,506

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Dishwasher
  • Subdivision Name: Riverside Meadows
  • Directions: From Hwy 82, take main Basalt exit and drive into downtown Basalt via Midland Avenue. Drive through town and take right on Riverside Avenue. Drive approx. 1/2 mile and home will be on right just after open space.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1989
  • Tax Parcel Letter: R032933
  • Attribution Contact: (970) 927-8080
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 6505.56
  • Financing Info:Tax Year2: 2019
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Exterior:Wood Siding: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Miscellaneous:Under Construction3: No
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Style:Two Story: Yes
  • Substructure:Finished Basement: Yes
  • Substructure:Walkout: Yes
  • Inclusions:Oven: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Walk-Out Access, Finished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3311.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Corner Lot, Landscaped
  • Construction Type: Wood Siding, Frame
  • Property Condition: Excellent
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car
  • General Info:Garage SqFt: 1195.0

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Corner Lot: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 14686.0
  • Parcel #: 246708302003
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6505.56
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2019
Closed on
Feb 28, 2020
Sold by
Gardner Melissa and Clary Kim
Bought by
Howard Troy W and Howard Pamela J
Seller's Agent
Jay Wright
Aspen Snowmass Sotheby's International Realty-Basalt
Buyer's Agent
Darryl Grosjean
Engel & Volkers Roaring Fork
List Price
$1,195,000
Sold Price
$1,075,000
Premium/Discount to List
-$120,000
-10.04%
Current Estimated Value
$2,879,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,804,887
Avg. Annual Appreciation
19.20%
Original Mortgage
$616,000
Outstanding Balance
$546,586
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$2,333,301

Purchase Details

Closed on
Aug 18, 2003
Sold by
Clary Michael
Bought by
Clary Karen

Purchase Details

Closed on
Apr 22, 1994

Purchase Details

Closed on
Oct 4, 1977

Purchase Details

Closed on
Sep 4, 1977

Purchase Details

Closed on
Sep 2, 1977

Purchase Details

Closed on
Nov 8, 1973

Purchase Details

Closed on
Dec 11, 1971

Purchase Details

Closed on
Oct 29, 1968
Source: Public Records

Range of Values:

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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
Howard Troy W $1,075,000 Land Title Guarantee Co
Clary Karen -- --
-- $369,000 --
-- $212,500 --
-- $212,500 --
-- $360,000 --
-- $226,500 --
-- $45,000 --
-- $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Troy W $616,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2020 02/28/20 Sold $1,075,000 -10.0% $325 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
09/25/2019 09/25/19 For Sale $1,195,000 -- $361 / 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 $13,806 $165,320 $58,990 $106,330
2023 $13,806 $165,320 $58,990 $106,330
2022 $7,663 $83,520 $22,590 $60,930
2021 $8,002 $85,920 $23,240 $62,680
2020 $6,430 $71,600 $23,240 $48,360
2019 $6,506 $71,600 $23,240 $48,360
2018 $7,451 $80,830 $21,600 $59,230
2017 $7,126 $80,830 $21,600 $59,230
2016 $6,988 $78,100 $15,920 $62,180
2015 -- $78,100 $15,920 $62,180
2014 $4,692 $55,700 $15,920 $39,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 161453

Aspen Glenwood MLS

APN: R032933