NOT LISTED FOR SALE

642 Frying Pan Rd Basalt, CO 81621

Estimated Value: $1,712,000 - $4,759,000

4 Beds
3 Baths
2,800 Sq Ft
$1,280/Sq Ft Est. Value

Last Sold May 07, 2013

Last sale price $1,840,000 $657 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $20,783/month

300 Days on Market

Highlights

  • Spa
  • Green Building
  • Double Pane Windows
  • River Front
  • Maid or Guest Quarters
  • Views

About This Home

As of May 2013

A slice of paradise on the Frying Pan River with approximately 470 feet of Gold Medal fly fishing river frontage. Easy walk to downtown Basalt. Main house consists of 3 bedrooms/2 baths plus a separate 1-bedroom/1-bath apartment with loft. Acid-etched concrete floor with radiant heat. Located only 50 ft. from the river - You can no longer build this close to the river. Fish from your front yard. Private and peaceful. Large wrap-around decks. Beautiful landscaping. The only home located directly on the Frying Pan River within 1 block of downtown Basalt.

Last Agent to Sell the Property

Charley Podolak

Aspen Snowmass Sotheby's International Realty Brokerage Phone: (970) 925-6060 License #EA147351 Listed on: 04/04/2012

Aspen Snowmass Sotheby's International Realty

Last Buyer's Agent

Christy Clettenberg

Coldwell Banker Mason Morse-Aspen License #FA100014334

Coldwell Banker Mason Morse-Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,640

Year Built

  • Built in 1996

Lot Details

  • 0.77 Acre Lot
  • River Front
  • South Facing Home
  • Southern Exposure
  • Fenced
  • Landscaped
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned C-2/R-2

Parking

  • No Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Composition Shingle Roof
  • Log Siding

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Crawl Space
  • Laundry Room
  • Property Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

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

Outdoor Features

  • Spa
  • Storage Shed

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Water Rights Not Included

Additional Features

  • Green Building
  • Mineral Rights Excluded

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Frying Pan River Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246708316004

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,640

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.77
  • Inclusions: Refrigerator, Range, Dishwasher
  • Subdivision Name: Frying Pan River
  • Directions: Turn on Frying Pan Road to 0642 on the right.
  • Architectural Style: Two Story
  • Master Model: No
  • New Construction: No
  • Year Built: 1996
  • Tax Parcel Letter: R046680
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: C-2/R-2
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 2.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 6639.8
  • Financing Info:Tax Year2: 2011
  • Extras:GuestCaretaker Qtrs: Yes
  • Extras:Hot TubSpa: Yes
  • Extras:Landscaping: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Substructure:Slab: Yes
  • Water Rights:No3: Yes
  • Extras:Lawn Sprinklers: Yes
  • Substructure:Crawl Space: Yes
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Unit Faces:South: Yes
  • Style:Two Story: Yes
  • Extras:Storage Shed: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 2800.0
  • Fireplace:Gas: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Log
  • Foundation Details: Slab
  • Property Condition: Excellent
  • Roof: Composition
  • Green Features:Double Pane Windows: Yes
  • Construction:Log: Yes

Garage/Parking

  • Keywords Info:Garage: None

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Hot Water, Natural Gas, Baseboard
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

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

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 33541.0
  • Parcel #: 246708316004
  • Zoning: C-2/R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6639.8
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2012
Closed on
May 7, 2013
Sold by
Fuller Carol Euster
Bought by
Frying Pan Rivers Edge Llc
Seller's Agent
Charley Podolak
Aspen Snowmass Sotheby's International Realty
Buyer's Agent
Christy Clettenberg
Coldwell Banker Mason Morse-Aspen
List Price
$4,195,000
Sold Price
$1,840,000
Premium/Discount to List
-$2,355,000
-56.14%
Current Estimated Value
$3,585,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,745,265
Avg. Annual Appreciation
5.52%
Original Mortgage
$1,196,000
Outstanding Balance
$262,443
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$3,322,822

Purchase Details

Closed on
Dec 12, 1997
Sold by
Zietz Robert and Zietz Theresa C
Bought by
Fuller Carol Euster

Purchase Details

Closed on
Apr 9, 1997
Sold by
Fuller Carol and Fuller Carol Euster
Bought by
Fuller Carol Euster

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.63%
Source: Public Records

Range of Values:

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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
Frying Pan Rivers Edge Llc $1,840,000 Land Title Guarantee Company
Fuller Carol Euster -- --
Fuller Carol Euster -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frying Pan Rivers Edge Llc $1,196,000
Previous Owner Fuller Carol Euster $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2013 05/07/13 Sold $1,840,000 -56.1% $657 / Sq Ft
01/29/2013 01/29/13 Pending -- -- --
04/04/2012 04/04/12 For Sale $4,195,000 -- $1,498 / 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 $20,394 $244,210 $184,810 $59,400
2023 $20,394 $244,210 $184,810 $59,400
2022 $15,913 $173,440 $91,740 $81,700
2021 $16,618 $178,430 $94,380 $84,050
2020 $14,793 $164,710 $82,940 $81,770
2019 $14,966 $164,710 $82,940 $81,770
2018 $13,485 $146,300 $76,320 $69,980
2017 $12,897 $146,300 $76,320 $69,980
2016 $13,236 $147,920 $81,190 $66,730
2015 -- $147,920 $81,190 $66,730
2014 $8,892 $105,550 $57,310 $48,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 118109

Aspen Glenwood MLS

APN: R046680