5362 Frying Pan Rd Basalt, CO 81621
Estimated Value: $2,148,000 - $2,897,000
4
Beds
2.5
Baths
2,231
Sq Ft
$1,194/Sq Ft
Est. Value
Highlights
- Green Building
- No HOA
- Baseboard Heating
- Main Floor Primary Bedroom
- Laundry Room
- Wood Siding
About This Home
As of April 2020Located on 3+ magnificent acres of river frontage, this A-Frame style home is perfect for a fishing and hunting get-away or as a permanent single-family home. Located just over 5 miles from Downtown Basalt along the Frying Pan River, this property also backs up to National Forest Service land and is situated in a park-like setting. The home four bedrooms and two and one-half baths, and tons of storage as well as a 2-car garage. There are few places with this type of views, water and serenity for under $2M, yet just 30 minutes to Aspen, 25 minutes to skiing and just 10 minutes to the Roaring Fork Club and downtown Basalt.
Last Agent to Sell the Property
Aspen Snowmass Sotheby's International Realty-Snowmass Village Brokerage Phone: (970) 923-2006 License #FA40005762 Listed on: 06/14/2019
Last Buyer's Agent
Garrett Reuss
Chaffin Light Real Estate Snowmass Village
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,836
Year Built
- Built in 1990
Lot Details
- 3.01
Parking
- 2 Car Garage
Home Design
- Slab Foundation
- Wood Siding
Interior Spaces
- 2,231 Sq Ft Home
- 3-Story Property
- Partially Furnished
- Wood Burning Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
Utilities
- No Cooling
- Baseboard Heating
- Propane
- Water Rights Not Included
- Well
- Septic Tank
- Septic System
Additional Features
- Green Building
- 3.01 Acre Lot
- Mineral Rights Excluded
Community Details
- No Home Owners Association
- Taylor Creek Subdivision
Listing and Financial Details
- Assessor Parcel Number 246712201003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 21, 2023
Sold by
7 Castles Ranch Llc
Bought by
Jr Galardi Trust
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,062,500
Outstanding Balance
$2,022,886
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$597,533
Purchase Details
Listed on
Jun 14, 2019
Closed on
Apr 17, 2020
Sold by
South Taylor Creek Llc
Bought by
7 Castles Ranch Llc
Seller's Agent
Garrett Reuss
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Buyer's Agent
Garrett Reuss
Aspen Snowmass Sotheby's International Realty-Snowmass Village
List Price
$1,495,000
Sold Price
$1,325,000
Premium/Discount to List
-$170,000
-11.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.98%
Original Mortgage
$1,000,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jun 14, 2019
Closed on
Apr 14, 2020
Sold by
Levitt Jay and Reuss Garrett
Bought by
7 Castles Ranch Llc
Seller's Agent
Garrett Reuss
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Buyer's Agent
Garrett Reuss
Aspen Snowmass Sotheby's International Realty-Snowmass Village
List Price
$1,495,000
Sold Price
$1,325,000
Premium/Discount to List
-$170,000
-11.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 18, 2008
Sold by
Levitt Jay A and Reuss Garrett
Bought by
South Taylor Creek Llc
Purchase Details
Closed on
Apr 18, 2007
Sold by
Frying Pan River Hui
Bought by
Levitt Jay and Reuss Garrett
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.15%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 16, 2007
Sold by
Frying Pan River Hui
Bought by
Levitt Jay A and Reuss Garrett
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.15%
Mortgage Type
Unknown
Similar Homes in Basalt, CO
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jr Galardi Trust | $2,750,000 | None Listed On Document | |
| 7 Castles Ranch Llc | $1,325,000 | Land Title Guarantee | |
| 7 Castles Ranch Llc | -- | Land Title Guarantee | |
| South Taylor Creek Llc | -- | Stewart Title Of Colorado | |
| Levitt Jay | -- | Stewart Title Of Colorado Va | |
| Levitt Jay A | $1,385,000 | Stewart Title Of Colorado Va |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jr Galardi Trust | $2,062,500 | |
| Previous Owner | 7 Castles Ranch Llc | $1,000,000 | |
| Previous Owner | South Taylor Creek Llc | $238,307 | |
| Previous Owner | Levitt Jay A | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2020 04/17/20 | Sold | $1,325,000 | -11.4% | $594 / Sq Ft |
| 01/21/2020 01/21/20 | Pending | -- | -- | -- |
| 06/11/2018 06/11/18 | For Sale | $1,495,000 | -- | $670 / Sq Ft |
Source: Aspen Glenwood MLS
Tax History Compared to Growth
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 | $13,118 | $176,230 | $99,560 | $76,670 |
| 2023 | $13,118 | $176,230 | $99,560 | $76,670 |
| 2022 | $7,142 | $88,860 | $42,920 | $45,940 |
| 2021 | $7,339 | $91,410 | $44,150 | $47,260 |
| 2020 | $4,790 | $62,630 | $44,150 | $18,480 |
| 2019 | $4,836 | $62,630 | $44,150 | $18,480 |
| 2018 | $5,230 | $67,100 | $44,460 | $22,640 |
| 2017 | $4,952 | $67,100 | $44,460 | $22,640 |
| 2016 | $5,318 | $70,800 | $49,150 | $21,650 |
| 2015 | -- | $70,800 | $49,150 | $21,650 |
| 2014 | $4,718 | $66,110 | $42,940 | $23,170 |
Source: Public Records
Agents Affiliated with this Home
-
Garrett Reuss
G
Seller's Agent in 2020
Garrett Reuss
Aspen Snowmass Sotheby's International Realty-Snowmass Village
(970) 379-3458
208 Total Sales
Map
Source: Aspen Glenwood MLS
MLS Number: 154552
APN: R027241
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