NOT LISTED FOR SALE

755 Promontory Ln Basalt, CO 81621

Estimated Value: $3,074,000 - $3,749,596

3 Beds
4.5 Baths
3,368 Sq Ft
$993/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $1,700,000 $505 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $21,196/month

60 Days on Market

Highlights

  • Spa
  • Views
  • Resident Manager or Management On Site
  • Green Building
  • Patio
  • Laundry Room

About This Home

As of May 2020

This is a dream contemporary three level townhome in Basalt. All of the bedrooms are on the second floor with living, dining, and entertainment on the top floor. The kitchen will inspire any chef and entertaining will be a breeze! Each level is easily accessed by an elevator or beautiful hardwood staircase and the views are simply breathtaking. Take advantage of what The Wilds Townhomes have to offer and enjoy a seasonal swimming pool! All of this and just a short walk to downtown Basalt by a convienent walking path. Stunning design. Stunning views. Mid valley living at it's finest.

Last Agent to Sell the Property

Melissa Temple

ENGEL & VOLKERS Brokerage Phone: (970) 925-8400 License #FA.100032313 Listed on: 12/20/2019

ENGEL & VOLKERS

Last Buyer's Agent

Sam Broome

RFC Properties, LLC License #FA.100082318

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,823

Year Built

  • Built in 2017

Lot Details

  • South Facing Home
  • Landscaped
  • Property is in excellent condition

HOA Fees

  • $779 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • 3,368 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Gas Fireplace
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Pool

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Water Rights Not Included

Additional Features

  • Green Building
  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 246707107027

Community Details

Overview

  • Association fees include management, sewer, insurance, trash, snow removal, ground maintenance
  • The Wilds Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,823

Year Built

Built in 2017

Lot Details

0

HOA Fees

$779 per month

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Range, Microwave, Dishwasher
  • Subdivision Name: The Wilds
  • Directions: Right off Two Rivers Road onto Homestead. Left onto Wilderness Way. Right on Promontory to 755 on right.
  • Above Grade Finished Sq Ft: 3368.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2017
  • Tax Parcel Letter: R065979
  • Attribution Contact: (970) 925-8400
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: PUD
  • General Info:Main Floor Master: No
  • 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: 1.0
  • Financing Info:Taxes2: 11823.0
  • Financing Info:Tax Year2: 2018
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Extras:Pool: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • HOA Fees Includes:Management: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • General Info:LvHtSqFt (Abv Grnd): 3368.0
  • Extras:Elevator: Yes
  • Unit Faces:South: Yes
  • Exterior:Stucco: Yes
  • Inclusions:Oven: Yes
  • Cooling:Central AC: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 9348.0
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Elevator
  • Living Area: 3368.0
  • Fireplace:Gas: Yes
  • Style Other: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Stone Veneer, Stucco, Frame
  • Property Condition: Excellent
  • Roof: Composition
  • 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: 634.5

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Hot Water, Natural Gas, Forced Air
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Pets Allowed/Renter
  • Association Fee: 9348.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 9348.0
  • Financing Info:Association Fee Frequency2: Annually
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes

Fee Information

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

Lot Info

  • Parcel #: 246707107027
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 11823.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2019
Closed on
May 29, 2020
Sold by
Phillips Jessica and Vangarderen Tejay Van
Bought by
Booyah Llc
Seller's Agent
Melissa Temple
ENGEL & VOLKERS
Buyer's Agent
Sam Broome
RFC Properties, LLC
List Price
$1,850,000
Sold Price
$1,700,000
Premium/Discount to List
-$150,000
-8.11%
Current Estimated Value
$3,467,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,767,971
Avg. Annual Appreciation
13.08%
Original Mortgage
$1,275,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2017
Closed on
Dec 3, 2018
Sold by
Wilds Re Llc
Bought by
Tejay Phillips Jessica and Tejay Van Garderen
Seller's Agent
Kristen Maley
Aspen Snowmass Properties
Buyer's Agent
Melissa Temple
ENGEL & VOLKERS
List Price
$1,599,000
Sold Price
$1,420,000
Premium/Discount to List
-$179,000
-11.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%
Original Mortgage
$1,136,000
Interest Rate
4.8%
Mortgage Type
New Conventional
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
Booyah Llc $1,700,000 Title Company Of The Rockies
Tejay Phillips Jessica $1,420,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Booyah Llc $1,395,002
Closed Booyah Llc $1,275,000
Previous Owner Vangarderen Tejay Van $1,135,000
Previous Owner Tejay Phillips Jessica $1,136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $1,700,000 -8.1% $505 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
12/20/2019 12/20/19 For Sale $1,850,000 +30.3% $549 / Sq Ft
12/03/2018 12/03/18 Sold $1,420,000 -11.2% $446 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
07/18/2017 07/18/17 For Sale $1,599,000 -- $502 / 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 $15,170 $181,660 $21,490 $160,170
2023 $15,170 $181,660 $21,490 $160,170
2022 $12,165 $132,590 $15,580 $117,010
2021 $12,705 $136,410 $16,030 $120,380
2020 $9,201 $102,450 $0 $102,450
2019 $9,309 $102,450 $0 $102,450
2018 $11,183 $121,320 $0 $121,320
2017 $10,695 $121,320 $0 $121,320
2016 $7,846 $87,680 $0 $87,680
2015 -- $87,680 $0 $87,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 162497

Aspen Glenwood MLS

APN: R065979