NOT LISTED FOR SALE

552 E Sopris Dr Basalt, CO 81621

Estimated Value: $1,416,392 - $1,705,000

0.41 Acre
$3,733,776 Price per Acre
17,860 Sq Ft Lot

Last Sold December 17, 2021

Last sale price $835,000

Est. 83% increase in value since last sale

Current estimated payment $10,887/month

Highlights

  • Green Building
  • Garage
  • Level Lot
  • No HOA

About This Lot

As of December 2021

Exceptionally large building parcel located in the heart of Old Town, Basalt. Build up to 5,000 sq. ft. of single family home, or apply for a duplex permit with the town at 2,500 sq. ft. each. Flat and easy building envelope. Walk to all the shops and restaurants and flying fishing along the Frying Pan River. There are currently three large metal sheds that can handle a bunch of storage for trucks, boats or other large items.

Last Agent to Sell the Property

Garrett Reuss

Aspen Snowmass Sotheby's International Realty-Snowmass Village Brokerage Phone: (970) 923-2006 License #FA40005762 Listed on: 12/17/2021

Last Buyer's Agent

Scott Weber

Christie's International Real Estate Aspen Snowmass License #FA.100065464

Christie's International Real Estate Aspen Snowmass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,251

Lot Details

  • 0.41 Acre Lot
  • Level Lot

Parking

  • Garage

Additional Features

  • Green Building
  • Mineral Rights Excluded
  • Water Rights Not Included

Community Details

  • No Home Owners Association
  • Eppleys I Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246708203017

Property Details

Property Type

Land

Est. Annual Taxes

$6,251

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 0.41
  • Subdivision Name: Eppleys I
  • Directions: Take Hwy 82 to Two Rivers Road. Turn Right on Midland. Continue on Frying Pan Road to a left on E. Sopris.
  • Tax Parcel Letter: R047206
  • Attribution Contact: (970) 923-2006
  • General Info:Zoning2: Residential
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Financing Info:Taxes2: 6251.0
  • Financing Info:Tax Year2: 2020
  • Mineral Rights:No2: Yes
  • Lot Description:Flat: Yes
  • Water Rights:None6: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Exterior Features

  • Disclosures: Slr Licensed RE Agnt

Garage/Parking

  • Extras:Garage3: Yes

Utilities

  • Building Features: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 18033.84
  • Parcel #: 246708203017
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6251.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2021
Closed on
Dec 17, 2021
Sold by
552 East Sopris Drive Llc
Bought by
Halcyon Llc
Seller's Agent
Garrett Reuss
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Buyer's Agent
Scott Weber
Christie's International Real Estate Aspen Snowmass
List Price
$835,000
Sold Price
$835,000
Current Estimated Value
$1,530,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$695,848
Avg. Annual Appreciation
17.24%

Purchase Details

Closed on
Dec 1, 2017
Sold by
Candor Property Llc
Bought by
552 East Sopris Drive Llc

Purchase Details

Closed on
Oct 9, 2009
Sold by
Candor Llc
Bought by
Candor Property Llc

Purchase Details

Closed on
May 14, 2008
Sold by
Reuss Garrett and Trogner Blair
Bought by
Candor Llc

Purchase Details

Closed on
Sep 12, 2007
Sold by
Bair Lowell S and Bair Virginia
Bought by
Reuss Garrett and Trogner Blair

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,250
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Halcyon Llc $835,000 New Title Company Name
552 East Sopris Drive Llc -- None Available
Candor Property Llc -- None Available
Candor Property Llc -- None Available
Candor Llc -- Stewart Title Of Colorado
Reuss Garrett $855,000 Stewart Title Co Vail Div
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reuss Garrett $641,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $835,000 0.0% --
12/17/2021 12/17/21 For Sale $835,000 -- --
11/23/2021 11/23/21 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 $32,870 $251,100 $248,090 $3,010
2023 $32,870 $393,610 $390,600 $3,010
2022 $7,051 $76,850 $73,720 $3,130
2021 $7,158 $76,850 $73,720 $3,130
2020 $6,251 $69,600 $66,470 $3,130
2019 $6,324 $69,600 $66,470 $3,130
2018 $6,664 $72,300 $69,170 $3,130
2017 $6,374 $72,300 $69,170 $3,130
2016 $6,236 $69,690 $66,560 $3,130
2015 -- $69,690 $66,560 $3,130
2014 $6,173 $73,280 $69,600 $3,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 173146

Aspen Glenwood MLS

APN: R047206