$1,420,000
SOLD DEC 3, 2018

755 Promontory Ln Basalt, CO 81621

4 Beds
4.5 Baths
3,185 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$446 Per Sq Ft

11% Below List Price

457 Days on Market

Highlights

  • Under Construction
  • Green Building
  • Air Conditioning
  • Outdoor Pool
  • Contemporary Architecture
  • Views

About This Home

As of May 2020

Very new. Very uptown. Very sexy. High up on the hill above the charm of Old Town you’ll find contemporary luxury yet to find its way to Basalt--until now. Natural and contemporary elements combine to form clean lines of wood, stone, and glass – in many natural shades and tones. Huge picture windows and roomy balcony in the sleek, spacious top-level living area. Expect the ultimate in finishes Expect the ultimate in comfort with air-conditioning, air filtration, and humidification. Expect the ultimate in convenience. An elevator connects all three floors. Expect the unexpected. Privately perched on Basalt Mountain, connected to Old Town.

Last Agent to Sell the Property

Kristen Maley

Aspen Snowmass Properties Listed on: 07/18/2017

Co-Listed By

Douglas Nehasil

Aspen Snowmass Properties

Last Buyer's Agent

Melissa Temple

ENGEL & VOLKERS License #FA.100032313

ENGEL & VOLKERS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,695

Year Built

  • Built in 2017 | Under Construction

Lot Details

  • South Facing Home
  • Southern Exposure
  • Landscaped

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Frame Construction
  • Wood Siding
  • Stone Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,185 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Crawl Space
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Patio

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Water Rights Not Included

Additional Features

  • Green Building
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 246707107027

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, sewer, insurance, trash, snow removal, ground maintenance
  • The Wilds Subdivision
  • On-Site Maintenance
  • Property is near a preserve or public land

Recreation

  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,695

Year Built

Built in 2017 | Under Construction

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: BJACA
  • Co List Office Phone: 970-922-2111
  • Subdivision Name: The Wilds
  • Directions: Two Rivers Road to Homestead. Turn up hill on to Wilderness Way. Right on Promontory. Unit up hill on right.
  • Above Grade Finished Sq Ft: 3185.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: Yes
  • Year Built: 2017
  • Tax Parcel Letter: R065979
  • 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
  • Condition:New: Yes
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 10695.08
  • Financing Info:Tax Year2: 2017
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Extras:Pool: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Water Rights:No3: Yes
  • HOA Fees Includes:Management: Yes
  • Miscellaneous:Under Construction3: Yes
  • Substructure:Crawl Space: Yes
  • Mineral Rights:No2: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • General Info:LvHtSqFt (Abv Grnd): 3185.0
  • Extras:Elevator: Yes
  • Unit Faces:South: Yes
  • Exterior:Stucco: Yes
  • Cooling:AC: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: 4098

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Elevator
  • Living Area: 3185.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Wood Siding, Stone Veneer, Stucco, Concrete, Frame
  • Property Condition: New Construction
  • Construction:Frame: Yes
  • Construction:Poured Concrete: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car
  • General Info:Garage SqFt: 599.0

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: A/C
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Pets Allowed/Renter
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Borders Public Land: Yes

Fee Information

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

Lot Info

  • Lot Size Sq Ft: 3005.6
  • Parcel #: 246707107027
  • Zoning: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10695.08
  • Tax Year: 2017

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%
Total Days on Market
457
Current Estimated Value
$3,345,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,645,149
Avg. Annual Appreciation
14.46%
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,700,000 Title Company Of The Rockies
Warranty Deed $1,420,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,395,002 New Conventional
Closed $1,275,000 New Conventional
Previous Owner $1,135,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,136,000 New Conventional
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: 150053

Aspen Glenwood MLS

APN: R065979