NOT LISTED FOR SALE

582 Big Hat Rd Basalt, CO 81621

Estimated Value: $2,244,000 - $3,179,000

4 Beds
4 Baths
4,281 Sq Ft
$639/Sq Ft Est. Value

Last Sold July 22, 2016

Last sale price $525,000 $123 Per Sq Ft

Est. 421% increase in value since last sale

Current estimated payment $16,337/month

684 Days on Market

Highlights

  • Tennis Courts
  • River Front
  • Views
  • Spa
  • Green Building
  • Patio

About This Home

As of July 2016

Welcome to River's Bend At Big Hat, a gorgeous 5.5 acre river front property on the world-renowned Frying Pan River. Fish gold medal waters from your backyard located just 15 minutes from downtown Basalt and 45 minutes to Aspen. Newer kitchen with island and Wolf Range, 2 main floor living areas one with antique oak fireplace, main floor library or 5th bedroom. Expansive spaces for the extended family ski vacations and a fisherman's paradise. Adjacent to BLM offering end-of-the road privacy and captivating views of the river, meadows with herds of elk, seven castles range and the valley below. Spacious master suite with walk-in closet and 5 piece bath. Heated garage, bonus/attic storage room. A jewel of a home with a sense of seclusion and beauty!

Last Agent to Sell the Property

Kim McKinley

McKinley Home Brokerage Phone: (970) 315-0228 License #ER1318847 Listed on: 08/01/2014

Last Buyer's Agent

non- member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,648

Year Built

  • Built in 1979

Lot Details

  • 5.53 Acre Lot
  • River Front
  • Northwest Facing Home
  • Landscaped with Trees
  • Property is in good condition

Home Design

  • Frame Construction

Interior Spaces

  • 4,281 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Dryer
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Spa
  • Tennis Courts
  • Patio

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • Propane
  • Water Rights Not Included
  • Satellite Dish

Additional Features

  • Green Building
  • Mineral Rights Excluded

Community Details

  • Property has a Home Owners Association
  • Association fees include water, trash, ground maintenance

Listing and Financial Details

  • Assessor Parcel Number 246712101002

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,648

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.53
  • Inclusions: Ceiling Fan, Dryer, Refrigerator, Window Coverings, Satellite Dish, Range, Microwave, Dishwasher
  • Subdivision Name: None
  • Directions: Approximately 6 miles up the Frying Pan towards Ruedi from Basalt to Big Hat Road. Turn right and look for sign.
  • Master Model: No
  • New Construction: No
  • Year Built: 1979
  • Tax Parcel Letter: R026914
  • Attribution Contact: (970) 315-0228
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Res
  • Listing Info:REO: No
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 6647.96
  • Financing Info:Tax Year2: 2012
  • Extras:Hot TubSpa: Yes
  • Extras:PatioDeck: Yes
  • Extras:Tennis: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Inclusions:Range: Yes
  • Water Rights:No3: Yes
  • Condition:Good: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Trash: Yes
  • HOA Fees Includes:Water: Yes
  • Water:Community: Yes
  • Inclusions:Satellite Dish: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 4281.0
  • Fireplace:Gas: Yes

Exterior Features

  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Frame
  • Property Condition: Good
  • Construction:Frame: Yes

Utilities

  • Building Features: Yes
  • Heating: Radiant, Natural Gas, Baseboard
  • Heating Yn: Yes
  • Utilities: Propane
  • Water Source: Community
  • Heating:Radiant: Yes
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Gas/Propane: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:River Frontage: Yes

Fee Information

  • Association Fee Includes: Water, Trash, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 240887.0
  • Parcel #: 246712101002
  • Zoning: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6647.96
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2014
Closed on
Jul 22, 2016
Sold by
Barbara B Klein Living Trust
Bought by
Fries James and Fries Elaine W
Seller's Agent
Kim McKinley
McKinley Home
Buyer's Agent
non- member
Non-Member Office
List Price
$1,200,000
Sold Price
$525,000
Premium/Discount to List
-$675,000
-56.25%
Current Estimated Value
$2,735,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,210,588
Avg. Annual Appreciation
19.82%
Original Mortgage
$400,000
Outstanding Balance
$326,315
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$2,321,685

Purchase Details

Closed on
Sep 22, 1989
Source: Public Records

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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
Fries James $530,000 Land Title Guarantee Company
-- $212,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fries James $50,000
Open Fries James $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2016 07/22/16 Sold $525,000 -56.3% $123 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
08/01/2014 08/01/14 For Sale $1,200,000 -- $280 / 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 $13,883 $186,500 $78,220 $108,280
2023 $13,883 $186,500 $78,220 $108,280
2022 $7,086 $88,160 $19,810 $68,350
2021 $7,282 $90,700 $20,380 $70,320
2020 $6,055 $79,160 $20,380 $58,780
2019 $6,112 $79,160 $20,380 $58,780
2018 $5,431 $69,680 $20,520 $49,160
2017 $5,142 $69,680 $20,520 $49,160
2016 $5,196 $69,170 $22,690 $46,480
2015 -- $69,170 $22,690 $46,480
2014 $6,585 $92,280 $19,820 $72,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 131890

Aspen Glenwood MLS

APN: R026914