NOT LISTED FOR SALE

5362 Frying Pan Rd Basalt, CO 81621

Estimated Value: $2,163,000 - $3,091,938

4 Beds
3 Baths
2,231 Sq Ft
$1,202/Sq Ft Est. Value

Sale Details

Date Sold: April 17, 2020

Last sale price $1,325,000 $594 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $15,346 / mo

About This Home

Located 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.

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
$2,681,735

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
$1,995,927
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$685,808

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
12.36%
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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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 Levitt Jay A $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2020 04/17/20 Sold $1,325,000 -11.4% $594 / Sq Ft View Prior Sale
01/21/2020 01/21/20 Pending -- -- --
06/11/2018 06/11/18 For Sale $1,495,000 -- $670 / Sq Ft

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
2025 $13,532 $213,680 $94,820 $118,860
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

  • G

    Seller's Agent in 2020

    Garrett Reuss

    Aspen Snowmass Sotheby's International Realty-Snowmass Village

    (970) 379-3458

    148 Total Sales

    Garrett Reuss
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Map

Colorado Eagle County Basalt 81621

5362 Frying Pan Rd, Basalt, CO

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