NOT LISTED FOR SALE

7205 Elk Ln Unit 7205 Basalt, CO 81621

Estimated Value: $580,000 - $800,000

1 Bed
1 Bath
864 Sq Ft
871 Sq Ft Lot

Last Sold July 29, 2015

Last sale price $242,015 $280 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $3,916/month

10 Days on Market

Highlights

  • Green Building
  • Resident Manager or Management On Site
  • Baseboard Heating

About This Home

As of July 2015

SELLER ACCEPTED OFFER AWAITING FULL EXECUTION. Here is a fantastic low maintenance condo with attached 1 car garage and a sitting area in addition to the Living Room. Buyer to verify all information. Property is beingsold As-Is, Where-Is. Seller will not pay any: buyer’s closing costs, no repairs, no home warranties, all inspections are done at buyer’sexpense, seller will not activate utilities. Property must sell at or above appraised value per HUD guidelines.

Last Listed By

Travis Cox

Associated Brokers & Consultants Inc. Listed on: 06/04/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,963

Year Built

  • Built in 1995

Lot Details

  • 871

Parking

  • 1 Car Garage

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Green Building
  • Property is in good condition
  • Baseboard Heating

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 246717228069

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, sewer, insurance, trash, snow removal, ground maintenance, electricity
  • Villas @ Elk Run Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,963

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Villas @ Elk Run
  • Directions: Highway 82 to 2 Rivers Road, north on 2 Rivers Road to Elk Run Drive, north on Elk Run Drive to Elk Lane.
  • Above Grade Finished Sq Ft: 864.0
  • Master Model: No
  • New Construction: No
  • Year Built: 1995
  • Tax Parcel Letter: R015039
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • Listing Info:REO: Yes
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 1.0
  • General Info:Short Termable: No
  • Financing Info:Tax Year2: 2014
  • Sanitation:Sewer: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • HOA Fees Includes:Management: Yes
  • Condition:Good: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Sewer2: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • General Info:LvHtSqFt (Abv Grnd): 864.0
  • HOA Fees Includes:Unit Electric: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 864.0

Exterior Features

  • Property Condition: Good

Garage/Parking

  • Keywords Info:Garage: 1 Car

Utilities

  • Building Features: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Glenwood Association

Fee Information

  • Association Fee Includes: Management, Sewer, Insurance, Trash, Snow Removal, Maintenance Grounds, Electricity

Lot Info

  • Parcel #: 246717228069

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2015
Closed on
Jul 14, 2015
Sold by
Nationstar Mortgage Llc
Bought by
Burke Kelley
Seller's Agent
Travis Cox
Associated Brokers & Consultants Inc.
Buyer's Agent
Kelley Burke
Pinnacle Properties & Development
List Price
$249,900
Sold Price
$242,015
Premium/Discount to List
-$7,885
-3.16%
Total Days on Market
10
Current Estimated Value
$676,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,742
Avg. Annual Appreciation
11.08%
Original Mortgage
$137,015
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2015
Sold by
Mitchell Ann
Bought by
Nationstar Mortgage Llc and Champion Mortgage Company

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
Burke Kelley $242,015 Land Title Guarantee Company
Nationstar Mortgage Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke Kelly $124,500
Closed Burke Kelley $137,015
Previous Owner Mitchell Ann $630,000
Previous Owner Mitchell Ann $196,000
Previous Owner Mitchell Ann $24,000
Previous Owner Mitchell Ann $46,000
Previous Owner Mitchell Ann $161,000
Previous Owner Mitchell Ann $20,000
Previous Owner Mitchell Ann $135,000
Previous Owner Mitchell Ann $132,000
Previous Owner Mitchell Ann $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2015 07/29/15 Sold $242,015 -3.2% $280 / Sq Ft
06/15/2015 06/15/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $249,900 -- $289 / 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 $1,963 $22,380 $0 $22,380
2023 $1,963 $25,300 $0 $25,300
2022 $2,142 $22,960 $0 $22,960
2021 $2,233 $23,620 $0 $23,620
2020 $1,932 $20,950 $0 $20,950
2019 $1,932 $20,950 $0 $20,950
2018 $1,829 $21,100 $0 $21,100
2017 $1,742 $19,450 $0 $19,450
2016 $1,655 $18,160 $0 $18,160
2015 $911 $18,160 $0 $18,160
2014 $646 $15,010 $0 $15,010
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Travis Cox

    Associated Brokers & Consultants Inc.

  • K

    Buyer's Agent in 2015

    Kelley Burke

    Pinnacle Properties & Development

    (970) 618-8855

    9 Total Sales

    Kelley Burke
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 139397

Aspen Glenwood MLS

APN: R015039

Colorado Pitkin County Basalt 81621

7205 Elk Ln Unit 7205, Basalt, CO

Homes for Sale in Basalt, CO

This home is located at 7205 Elk Ln Unit 7205, Basalt, CO 81621 since 04 June 2015 and is currently estimated at $676,757, approximately $783 per square foot. This property was built in 1995. 7205 Elk Ln Unit 7205 is a home located in Pitkin 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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