NOT LISTED FOR SALE

583 Holland Hills Rd Basalt, CO 81621

Estimated Value: $1,637,000 - $2,929,062

5 Beds
3 Baths
2,792 Sq Ft
$872/Sq Ft Est. Value

Last Sold September 10, 2014

Last sale price $600,000 $215 Per Sq Ft

Est. 306% increase in value since last sale

Current estimated payment $14,387/month

16 Days on Market

Highlights

  • Spa
  • Maid or Guest Quarters
  • 1 Fireplace
  • Green Building
  • Lake, Pond or Stream
  • Interior Lot

About This Home

As of September 2014

This cottage-like home sits on an exquisite ½ acre site. The home has four bedrooms with a one-bedroom apartment that could easily be connected to the main part of the home. Neighbor to Basalt and the Roaring Fork Club. This home as room for family and friends. Septic system has failed and needs to replaced; estimate to replace is $20,000 to be paid by Buyer. This is a short sale.

Last Agent to Sell the Property

Penny Carruth

Aspen Snowmass International R Brokerage Phone: (970) 925-6060 License #EA192791 Listed on: 02/19/2014

Aspen Snowmass International R

Last Buyer's Agent

Penny Carruth

Aspen Snowmass International R Brokerage Phone: (970) 925-6060 License #EA192791 Listed on: 02/19/2014

Aspen Snowmass International R

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,487

Year Built

  • Built in 1980

Lot Details

  • 0.5 Acre Lot
  • South Facing Home
  • Southern Exposure
  • Interior Lot
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in good condition

Parking

  • 2 Car Garage

Home Design

  • Owner Aware of Defects
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,792 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Green Building

Outdoor Features

  • Spa
  • Lake, Pond or Stream
  • Patio

Utilities

  • No Cooling
  • Heating Available
  • Natural Gas Not Available
  • Septic Tank
  • Septic System

Community Details

  • Property has a Home Owners Association
  • Holland Hills At Basalt Subdivision

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 246717401001

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,487

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Inclusions: Dryer, Refrigerator, Washer, Range, Microwave, Dishwasher
  • Subdivision Name: Holland Hills at Basalt
  • Directions: Highway 82 to Bishop Drive, right on Holland Hills Road, house is on the left.
  • Architectural Style: Ranch
  • Master Model: No
  • New Construction: No
  • Year Built: 1980
  • Tax Parcel Letter: R007241
  • Attribution Contact: (970) 925-6060
  • Keywords Info:Pre-Fabricated Home: No
  • Listing Info:Short Sale: Yes
  • Listing Info:REO: No
  • General Info:Levels: 1.0
  • Financing Info:Taxes2: 6487.24
  • Financing Info:Tax Year2: 2013
  • Extras:GuestCaretaker Qtrs: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Extras:Lawn Sprinklers: Yes
  • Style:Ranch: Yes
  • Condition:Good: Yes
  • Substructure:Crawl Space: Yes
  • Roof:Composition Shingles: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Water:Community: Yes
  • Sanitation:Septic: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Gas:None3: Yes
  • Disclosures:Has Known Defects: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: 12

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2792.0

Exterior Features

  • Lot Features: Interior Lot, Landscaped
  • Disclosures: Has Known Defects, Other
  • Construction Type: Wood Siding, Frame
  • Property Condition: Good
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car

Utilities

  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Community
  • Heating:Electric: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Interior Lot: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Pond Stream Lake: Yes

Lot Info

  • Lot Size Sq Ft: 21780.0
  • Parcel #: 246717401001
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6487.24
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2019
Sold by
Hotchkin Melissa Rohan and Hotchkin David Lynn
Bought by
280 Tejas Enterprises Lp
Current Estimated Value
$2,435,266

Purchase Details

Closed on
Oct 18, 2019
Sold by
583 Holland Hils Holdings Llc
Bought by
Hotchkin Melissa Rohan and Hotchkin David Lynn

Purchase Details

Closed on
Dec 10, 2014
Sold by
Hotchkin David L
Bought by
583 Holland Hills Holdings Llc

Purchase Details

Listed on
Feb 19, 2014
Closed on
Sep 10, 2014
Sold by
Bishop Archer W and Nicol Ashlee
Bought by
Hotchkin David L
Seller's Agent
Penny Carruth
Aspen Snowmass International R
Buyer's Agent
Penny Carruth
Aspen Snowmass International R
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.64%

Purchase Details

Closed on
Oct 27, 2006
Sold by
Collins James H
Bought by
Bishop Archer W and Nicol Ashlee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2005
Sold by
Walker Richard T and Walker Kathleen K
Bought by
Collins James H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 8, 2004
Sold by
Walker Patricia H and Walker Kathleen K
Bought by
Walker Kathleen K and Walker Richard T
Source: Public Records

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Range of Values:

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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
280 Tejas Enterprises Lp -- None Available
Hotchkin Melissa Rohan -- None Available
583 Holland Hills Holdings Llc -- None Available
Hotchkin David L $600,000 Land Title Guarantee Company
Bishop Archer W $1,100,000 Land Title Guarantee Company
Collins James H $775,000 Land Title Guarantee Company
Walker Kathleen K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bishop Archer W $825,000
Previous Owner Walker Richard T $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2014 09/10/14 Sold $600,000 -7.7% $215 / Sq Ft
03/07/2014 03/07/14 Pending -- -- --
02/19/2014 02/19/14 For Sale $650,000 -- $233 / 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 $10,480 $108,570 $38,880 $69,690
2023 $10,480 $112,330 $40,220 $72,110
2022 $7,066 $65,620 $27,800 $37,820
2021 $7,151 $67,510 $28,600 $38,910
2020 $9,440 $75,070 $26,810 $48,260
2019 $9,440 $75,070 $26,810 $48,260
2018 $7,336 $83,040 $27,000 $56,040
2017 $6,662 $54,320 $23,400 $30,920
2016 $6,816 $55,560 $23,880 $31,680
2015 $6,832 $55,560 $23,880 $31,680
2014 $6,447 $52,950 $22,290 $30,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 133005

Aspen Glenwood MLS

APN: R007241