NOT LISTED FOR SALE

760 Promontory Ln Unit 37 Basalt, CO 81621

Estimated Value: $1,737,333 - $1,956,000

3 Beds
2.5 Baths
2,275 Sq Ft
$822/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $1,095,000 $481 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $11,500/month

47 Days on Market

Highlights

  • Green Building
  • Brick or Stone Mason
  • Laundry Room
  • Interior Lot
  • Resident Manager or Management On Site
  • Landscaped with Trees

About This Home

As of September 2020

The refreshing, thoughtfully remodeled interior and the beautiful surroundings of this charming townhome on Basalt Mountain will make your heart sing. The light-infused interior creates an airy, uplifting feeling on the main level. Downstairs, the warmth of a Tuscan color palette invites you to snuggle in. Beautiful refinished Oak floors, custom-finished cabinetry and closets, and significant storage space make this end unit a cut above. Tucked among the trees, walk out to lovely flagstone patios on both levels providing private spaces to relax and take in views across the valley. An enchanting town and beautiful river parks are only a stroll downhill. This is the home you will never want to leave, but if you do, the community expertly managed while away or if you stay.

Last Agent to Sell the Property

Kristen Maley

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA40008852 Listed on: 05/22/2020

Co-Listed By

Doug Nehasil

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA1318349

Last Buyer's Agent

Layne Shea

Douglas Elliman Real Estate-Hyman Ave License #FA.100004067

Douglas Elliman Real Estate-Hyman Ave

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,274

Year Built

  • Built in 2003

Lot Details

  • 1,794 Sq Ft Lot
  • South Facing Home
  • Southern Exposure
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

HOA Fees

  • $608 Monthly HOA Fees

Home Design

  • Brick or Stone Mason
  • Poured Concrete
  • Frame Construction
  • Metal Roof
  • Stone Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,275 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Window Treatments
  • Walk-Out Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Carport
  • Common or Shared Parking

Utilities

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

Additional Features

  • Green Building
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 246707107016

Community Details

Overview

  • Association fees include contingency fund, 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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,274

Year Built

Built in 2003

Lot Details

0

HOA Fees

$608 per month

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Co List Office Mls Id: ASSHMA
  • Inclusions: Dryer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: The Wilds
  • Directions: Take Two Rivers Road to Homestead, left on Wilderness, right on promontory. Uphill on left. OK to park in driveway or parking space to left of driveway.
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2003
  • Tax Parcel Letter: R064257
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Res 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: 2.0
  • General Info:Short Termable: No
  • Financing Info:Taxes2: 5274.44
  • Financing Info:Tax Year2: 2019
  • Extras:Landscaping: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Lawn Sprinklers: Yes
  • HOA Fees Includes:Management: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • Unit Faces:South: Yes
  • Exterior:Stucco: Yes
  • Style:Two Story: Yes
  • Substructure:Walkout: Yes
  • Cooling:Central AC: Yes
  • Roof:Metal: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 7300.0
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 2275.0
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Interior Lot, Landscaped
  • Construction Type: Stucco, Stone, Concrete, Frame
  • Property Condition: Excellent
  • Roof: Other, Metal
  • Construction:Frame: Yes
  • Construction:Poured Concrete: Yes
  • Construction:Stone: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Common
  • Keywords Info:Garage: 1 Car
  • Parking Area:Common2: Yes

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, 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

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner
  • Association Fee: 1825.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 1825.0
  • Financing Info:Association Fee Frequency2: Quarterly
  • Location Amenities:Interior Lot: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Borders Public Land: Yes

Fee Information

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

Lot Info

  • Lot Size Sq Ft: 1794.0
  • Parcel #: 246707107016
  • Zoning: Res PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5274.44
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Sep 3, 2020
Sold by
The Ann Nichols Living Trust
Bought by
Shah Alana and Shah Rahul
Seller's Agent
Kristen Maley
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Layne Shea
Douglas Elliman Real Estate-Hyman Ave
List Price
$1,095,000
Sold Price
$1,095,000
Current Estimated Value
$1,871,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$776,083
Avg. Annual Appreciation
13.17%
Original Mortgage
$876,000
Outstanding Balance
$792,634
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,230,447

Purchase Details

Closed on
Jan 25, 2001
Sold by
Deer Run Llp
Bought by
The Ann Nichols Living Trust
Source: Public Records

Range of Values:

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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
Shah Alana $1,095,000 Land Title Guarantee Co
The Ann Nichols Living Trust $685,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Alana $876,000
Previous Owner Shapiro Frederic M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $1,095,000 0.0% $481 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $1,095,000 -- $481 / 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 $8,368 $100,200 $11,930 $88,270
2023 $8,368 $100,200 $11,930 $88,270
2022 $6,909 $75,300 $8,940 $66,360
2021 $7,214 $77,460 $9,190 $68,270
2020 $5,214 $58,050 $6,860 $51,190
2019 $5,274 $58,050 $6,860 $51,190
2018 $4,787 $51,930 $6,130 $45,800
2017 $4,578 $51,930 $6,130 $45,800
2016 $5,698 $63,680 $8,900 $54,780
2015 -- $63,680 $8,900 $54,780
2014 -- $50,430 $5,940 $44,490
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kristen Maley

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 948-1605

    88 Total Sales

    Section Image
  • Doug Nehasil

    Seller Co-Listing Agent in 2020

    Doug Nehasil

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 379-1148

    86 Total Sales

    Section Image

  • L

    Buyer's Agent in 2020

    Layne Shea

    Douglas Elliman Real Estate-Hyman Ave

    (970) 379-4781

    36 Total Sales

    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 164326

Aspen Glenwood MLS

APN: R064257

Colorado Eagle County Basalt 81621

760 Promontory Ln Unit 37, Basalt, CO

This home is located at 760 Promontory Ln Unit 37, Basalt, CO 81621 since 22 May 2020 and is currently estimated at $1,871,083, approximately $822 per square foot. This property was built in 2003. 760 Promontory Ln Unit 37 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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