NOT LISTED FOR SALE

70 Cherry Ln Basalt, CO 81621

Estimated Value: $2,053,475 - $2,846,000

3 Beds
2.5 Baths
2,595 Sq Ft
$940/Sq Ft Est. Value

Last Sold August 29, 2024

Last sale price $1,832,600 $706 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $13,691/month

106 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Views
  • Laundry Room
  • Evaporated cooling system
  • Patio
  • Landscaped with Trees

About This Home

As of August 2024

BACK ON THE MARKET THROUGH NO FAULT OF THE SELLER!!!!! VACANT AND EASY TO SHOW!!!! EMMA AT IT'S BEST!!!! 1 ACRE FLAT IRRIGATED LOT BORDERING RANCH WITH CONSERVATION EASEMENT. PEACEFUL PRIVATE SETTING WITH ENDLESS VIEWS OF MOUNTAINS AND FARMLANDS yet only minutes to Basalt. Mature gardens, trees, patio, west-facing deck, extra parking pad. Wood floors and vaulted ceilings in Living Room & Dining Room, rock faced wood fireplace and a wood stove, swamp cooler, nice primary w/ large bath ,customized walk-in closet, separate office. Quiet neighborhood. Convenient mid-valley location. Home in good condition but needs some updating. Short notice showings okay.

Last Agent to Sell the Property

Scott Wirkler

Engel & Volkers Roaring Fork Brokerage Phone: (970) 927-9955 License #FA100066015 Listed on: 07/05/2024

Engel & Volkers Roaring Fork

Co-Listed By

Joanie Haggerty

Engel & Volkers Roaring Fork Brokerage Phone: (970) 927-9955 License #EA336311

Last Buyer's Agent

Tommy Kearsey

Home Waters Real Estate Group License #FA.100026623

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,044

Year Built

  • Built in 1975

Lot Details

  • 1 Acre Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in good condition

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2,595 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Patio
  • Storage Shed

Location

  • Mineral Rights Excluded

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Water Rights Not Included
  • Septic Tank
  • Septic System

Community Details

  • Association fees include contingency fund, water
  • Orchard Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246514102012
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,044

Year Built

Built in 1975

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Co List Office Mls Id: 216506599
  • Co List Office Phone: 970-927-9955
  • Subdivision Name: Orchard Estates
  • Directions: Hwy 82 to Emma/Sopris Creek Rd. R onto Emma Rd, L on Apple, R on Cherry. On cul-de-sac.
  • Above Grade Finished Sq Ft: 2595.0
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1975
  • Tax Parcel Letter: R007259
  • Attribution Contact: (970) 927-9955
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: residential
  • General Info:Main Floor Master: Yes
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • General Info:Short Termable: No
  • Financing Info:Taxes2: 9044.48
  • Financing Info:Tax Year2: 2023
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Listing Info:New Construction: No
  • Exterior:Wood Siding: Yes
  • Water Rights:No3: Yes
  • Extras:Lawn Sprinklers: Yes
  • Miscellaneous:Under Construction3: No
  • Condition:Good: Yes
  • Substructure:Crawl Space: Yes
  • Mineral Rights:No2: Yes
  • Cooling:Evaporative Cooling: Yes
  • HOA Fees Includes:Water: Yes
  • General Info:LvHtSqFt (Abv Grnd): 2595.0
  • Exterior:Stucco: Yes
  • Style:Two Story: Yes
  • Water:Community: Yes
  • Sanitation:Septic: Yes
  • Roof:Metal: Yes
  • Extras:Storage Shed: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 1000.0
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 2595.0

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Stucco, Frame
  • Property Condition: Good
  • Roof: Metal
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes
  • General Info:Garage SqFt: 600.0

Utilities

  • Laundry Features: Inside
  • Cooling: Evaporative Cooling
  • Cooling Y N: Yes
  • Heating: Hot Water, Natural Gas, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available
  • Water Source: Community
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Pets Allowed/Renter
  • Association Fee: 1000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 1000.0
  • Financing Info:Association Fee Frequency2: Annually
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Contingency Fund, Water

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 246514102012
  • Zoning: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9044.48
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2024
Closed on
Aug 29, 2024
Sold by
Peltonen Carla A
Bought by
Wallace Marion and Starer Emily
Seller's Agent
Scott Wirkler
Engel & Volkers Roaring Fork
Buyer's Agent
Tommy Kearsey
Home Waters Real Estate Group
List Price
$1,950,000
Sold Price
$1,832,600
Premium/Discount to List
-$117,400
-6.02%
Views
4
Current Estimated Value
$2,438,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$605,519
Avg. Annual Appreciation
24.15%
Original Mortgage
$1,332,000
Outstanding Balance
$1,317,858
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$1,120,261

Purchase Details

Closed on
Oct 2, 2007
Sold by
Shiekman Miller Sally A and Miller Derek A
Bought by
Peltonen Erik J and Peltonen Carla A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wallace Marion $916,300 Title Company Of The Rockies
Wallace Marion $916,300 None Listed On Document
Peltonen Erik J $1,295,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Marion $1,332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2024 08/29/24 Sold $1,832,600 -6.0% $706 / Sq Ft
04/29/2024 04/29/24 For Sale $1,950,000 -- $751 / 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 $9,553 $128,230 $32,560 $95,670
2023 $9,553 $132,180 $33,570 $98,610
2022 $5,504 $74,140 $26,410 $47,730
2021 $5,647 $76,270 $27,170 $49,100
2020 $5,659 $72,000 $27,170 $44,830
2019 $5,097 $72,000 $27,170 $44,830
2018 $5,138 $72,500 $27,360 $45,140
2017 $5,385 $71,580 $27,360 $44,220
2016 $5,006 $65,200 $30,250 $34,950
2015 $5,024 $65,200 $30,250 $34,950
2014 $3,591 $49,030 $23,880 $25,150
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Scott Wirkler

    Engel & Volkers Roaring Fork

    (970) 927-9955

    64 Total Sales

    Scott Wirkler
    Section Image

  • J

    Seller Co-Listing Agent in 2024

    Joanie Haggerty

    Engel & Volkers Roaring Fork

    (970) 618-2730

    47 Total Sales

    Joanie Haggerty
    Section Image

  • T

    Buyer's Agent in 2024

    Tommy Kearsey

    Home Waters Real Estate Group

See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 183459

Aspen Glenwood MLS

APN: R007259

Colorado Pitkin County Basalt 81621

70 Cherry Ln, Basalt, CO

Not Listed for Sale

Detached

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