NOT LISTED FOR SALE

764 Promontory Ln Unit 35 Basalt, CO 81621

Estimated Value: $2,614,764 - $3,298,000

3 Beds
3.5 Baths
2,630 Sq Ft
$1,074/Sq Ft Est. Value

Sale Details

Date Sold: August 29, 2023

Last sale price $1,900,000 $722 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $17,205 / mo

193 Days on Market

Highlights

  • Spa
  • Steam Shower
  • Cul-De-Sac
  • Green Building
  • Corner Lot
  • Views

About This Home

As of August 2023

Wonderful end Unit Townhome within the Wilds Subdivision with views of the Basalt Valley, Mt. Sopris, and close proximity to downtown Basalt, the Roaring Fork Club and Willits areas. Nicely finished and spacious mountain residence featuring 3 bedrooms, 3.5 bathrooms, a private covered outdoor patio space including a gas fireplace, an open kitchen and living room with a two-car garage.

Last Agent to Sell the Property

Erik Cavarra

ENGEL & VOLKERS Snowmass Brokerage Phone: (970) 925-8400 License #EA.40040220 Listed on: 07/27/2023

ENGEL & VOLKERS Snowmass

Last Buyer's Agent

Erik Cavarra

Alpine Property Management

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,402

Year Built

  • Built in 1998

Lot Details

  • Cul-De-Sac
  • Landscaped with Trees
  • Property is in good condition

HOA Fees

  • $849 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2,630 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Gas Fireplace
  • Crawl Space
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Utilities

  • No Cooling
  • Radiant Heating System
  • Water Rights Not Included

Additional Features

  • Green Building
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 246707107001

Community Details

Overview

  • Association fees include management, sewer, insurance, water, 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

$7,402

Year Built

Built in 1998

Lot Details

2,222 Sq Ft Lot

HOA Fees

$849 per month

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Inclusions: Dryer, Freezer, Oven, Refrigerator, Washer, Range, Microwave, Dishwasher
  • Subdivision Name: The Wilds
  • Directions: Homestead to Wilderness Road, then to Promontory. Unit is on the left at the end.
  • Architectural Style: Other
  • Master Model: No
  • New Construction: No
  • Year Built: 1998
  • Tax Parcel Letter: R047816
  • Attribution Contact: (970) 925-8400
  • Location Info:Furnished: Partial
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • 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: 3.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 7402.16
  • Financing Info:Tax Year2: 2021
  • Extras:PatioDeck: Yes
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Extras:Pool: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Water Rights:No3: Yes
  • HOA Fees Includes:Management: Yes
  • Miscellaneous:Under Construction3: No
  • Condition:Good: Yes
  • Substructure:Crawl Space: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • HOA Fees Includes:Water: Yes
  • Inclusions:Oven: Yes
  • Inclusions:Freezer: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Steam Shower: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 10192.0
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 2630.0
  • Fireplace:Gas: Yes
  • Style Other: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Corner Lot
  • Construction Type: Wood Siding, Stone Veneer, Frame
  • Property Condition: Good
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner
  • Association Fee: 10192.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 10192.0
  • Financing Info:Association Fee Frequency2: Annually
  • HOA Amenities:Pets AllowedOwner: Yes
  • Location Amenities:Corner Lot: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Cul-de-Sac: Yes

Fee Information

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

Lot Info

  • Parcel #: 246707107001
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 7402.16
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Aug 25, 2023
Sold by
Granoff Alice B
Bought by
Seller's Agent
Erik Cavarra
ENGEL & VOLKERS Snowmass
Buyer's Agent
Erik Cavarra
ENGEL & VOLKERS Snowmass
List Price
$2,247,000
Sold Price
$1,900,000
Premium/Discount to List
-$347,000
-15.44%
Views
5
Current Estimated Value
$2,824,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$924,441
Avg. Annual Appreciation
14.08%

Purchase Details

Closed on
Oct 20, 2000
Sold by
Smith Christopher Hawkes
Bought by
Granoff Alice B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.89%

Purchase Details

Closed on
Jul 22, 1999
Sold by
Deer Run Llp
Bought by
Smith Christopher Hawkes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
7.5%
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Granoff Alice B $740,000 --
Smith Christopher Hawkes $700,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $500,000
Previous Owner Smith Christopher Hawkes $560,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/29/2023 08/29/23 Sold $1,900,000 -4.8% $722 / Sq Ft
06/22/2023 06/22/23 Price Changed $1,995,000 -2.7% $759 / Sq Ft
05/12/2023 05/12/23 Price Changed $2,049,500 -5.6% $779 / Sq Ft
03/28/2023 03/28/23 Price Changed $2,172,000 -3.3% $826 / Sq Ft
01/28/2023 01/28/23 For Sale $2,247,000 -- $854 / Sq Ft
Source: Aspen Glenwood MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $10,169 $159,410 $19,070 $140,340
2024 $9,887 $118,390 $14,150 $104,240
2023 $9,887 $118,390 $14,150 $104,240
2022 $7,402 $87,630 $10,450 $77,180
2021 $7,730 $90,150 $10,750 $79,400
2020 $5,412 $67,410 $8,020 $59,390
2019 $6,125 $67,410 $8,020 $59,390
2018 $5,545 $60,160 $7,150 $53,010
2017 $5,303 $60,160 $7,150 $53,010
2016 $7,832 $87,530 $10,430 $77,100
2015 -- $87,530 $10,430 $77,100
2014 $4,933 $58,560 $6,950 $51,610
Source: Public Records

Agents Affiliated with this Home

  • Erik Cavarra Real Estate Agent - ENGEL & VOLKERS Snowmass

    Seller's Agent in 2023

    Erik Cavarra

    ENGEL & VOLKERS Snowmass

    (970) 618-9733

    194 Total Sales

    Erik Cavarra
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Map

Source: Aspen Glenwood MLS

MLS Number: 178080

Aspen Glenwood MLS

APN: R047816

Colorado Eagle County Basalt 81621

764 Promontory Ln Unit 35, Basalt, CO

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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