NOT LISTED FOR SALE

701 Promontory Ln Basalt, CO 81621

Estimated Value: $1,805,000 - $2,016,000

3 Beds
2.5 Baths
2,517 Sq Ft
$772/Sq Ft Est. Value

Last Sold September 27, 2016

Last sale price $675,000 $268 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $11,087/month

About This Home

As of September 2016

Enjoy the most exclusive development in Basalt. With three bedrooms and 2 1/2 baths this unit is conveniently located in Basalt. The third bedroom could be used as a media room or office. The Wilds townhome community is located in the Town of Basalt, Colorado on a ridge above the town within easy walking distance to and from the town. The Wilds is remniniscent of a European hillside community with dramatic views of Mt. Sopris as well the Frying Pan and Roaring Fork Valleys and the Roaring Fork Club. The Town of Basalt is a quaint mountain community located at the confluence of two Gold medal trout streams, the Frying Pan and the Roaring Fork Rivers. Basalt is on Highway 82, between Glenwood Springs and Aspen.

Last Agent to Sell the Property

Doug Leibinger

Compass Aspen Brokerage Phone: 970-925-6063 License #FA40009481 Listed on: 09/27/2016

Compass Aspen

Last Buyer's Agent

Doug Leibinger

Aspen Snowmass Sotheby's International Realty-Snowmass Village

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,299

Year Built

  • Built in 2004

Lot Details

  • 2,308 Sq Ft Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 2,517 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Community Details

  • Property has a Home Owners Association
  • The Wilds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246707452001

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,299

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Subdivision Name: The Wilds
  • Directions: The Wilds in Basalt
  • Master Model: No
  • Year Built: 2004
  • Tax Parcel Letter: R055913
  • Attribution Contact: 970-925-6063
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 7298.7
  • Financing Info:Tax Year2: 2015
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 2517.0

Garage/Parking

  • Keywords Info:Garage: 2 Car

Association/Amenities

  • Listing Info:Member Association: Aspen Association

Lot Info

  • Lot Size Sq Ft: 2308.0
  • Parcel #: 246707452001
  • Zoning: R
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7298.7
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2016
Closed on
Sep 14, 2016
Sold by
Bar-H Capital Llc
Bought by
Iglehart James P and Iglehart Sandra
Seller's Agent
Doug Leibinger
Compass Aspen
Buyer's Agent
Doug Leibinger
Compass Aspen
List Price
$675,000
Sold Price
$675,000
Current Estimated Value
$1,906,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,231,045
Avg. Annual Appreciation
12.96%
Original Mortgage
$662,544
Outstanding Balance
$540,881
Interest Rate
3.45%
Mortgage Type
VA
Estimated Equity
$1,455,918

Purchase Details

Closed on
Jul 29, 2013
Sold by
South Beach Mountain Holdings Inc
Bought by
Bar H Capital Llc
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
Iglehart James P $675,000 None Available
Bar H Capital Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iglehart James P $100,000
Open Iglehart James P $662,544
Previous Owner South Beach Mountain Holdings Inc $1,312,500
Previous Owner South Beach Mountain Holdings $200,000
Previous Owner Smith Christopher $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2016 09/27/16 Sold $675,000 0.0% $268 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
09/27/2016 09/27/16 For Sale $675,000 -- $268 / 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 $8,420 $100,830 $11,980 $88,850
2023 $8,420 $100,830 $11,980 $88,850
2022 $6,909 $75,310 $8,910 $66,400
2021 $7,215 $77,470 $9,160 $68,310
2020 $5,218 $58,100 $6,840 $51,260
2019 $5,279 $58,100 $6,840 $51,260
2018 $4,787 $51,930 $6,100 $45,830
2017 $4,578 $51,930 $6,100 $45,830
2016 $7,443 $83,180 $9,830 $73,350
2015 -- $83,180 $9,830 $73,350
2014 -- $55,870 $6,560 $49,310
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Doug Leibinger

    Compass Aspen

    (970) 948-0773

    144 Total Sales

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Map

Source: Aspen Glenwood MLS

MLS Number: 146195

Aspen Glenwood MLS

APN: R055913

Colorado Eagle County Basalt 81621

701 Promontory Ln, Basalt, CO

This home is located at 701 Promontory Ln, Basalt, CO 81621 since 27 September 2016 and is currently estimated at $1,944,207, approximately $772 per square foot. This property was built in 2004. 701 Promontory Ln is a home located in Eagle County with nearby schools including Cornerstone Classical School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Aspen Glenwood MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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