$3,500,000
SOLD SEP 30, 2013

7738 Frying Pan Rd Basalt, CO 81621

6 Beds
7.5 Baths
5,013 Sq Ft
1.84 Acres

Recently Sold

$698 Per Sq Ft

30% Below List Price

312 Days on Market

Highlights

  • Spa
  • Green Building
  • Views
  • River Front
  • Furnished
  • Patio

About This Home

As of July 2017

This magnificent 6+ bedroom 5,013 sf private riverfront retreat is located on the banks of the Gold Medal Frying Pan River only 7 miles from downtown Basalt. It was custom built by one of Colorado's most highly-regarded builders and designed by preeminent architect Raul Gawrys. The 1.8 acre, lush park-like setting is located ON the Frying Pan River and has approxomiately 394 feet of river frontage. The lot takes in both sides of the river and an island. With a large fishing hole right off the patio, it has some of the most desirable private fishing on the Pan. There is no other Frying Pan home this close to the water, within 20 feet! It is an absolute Fisherman's Dream.

Last Agent to Sell the Property

Doug Leibinger

Aspen Snowmass Sotheby's International Realty-Snowmass Village Brokerage Phone: (970) 923-2006 Listed on: 10/22/2012

Co-Listed By

Steven Machado

ERA Fleisher Real Estate Basalt Brokerage Phone: (970) 923-2006

Last Buyer's Agent

Christy Clettenberg

Coldwell Banker Mason Morse-Aspen License #FA100014334

Coldwell Banker Mason Morse-Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,701

Year Built

  • Built in 2000

Lot Details

  • 1.84 Acre Lot
  • River Front
  • Fenced
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Cabin
  • Slab Foundation
  • Frame Construction
  • Shake Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 5,013 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Property Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Green Building

Outdoor Features

  • Spa
  • Patio

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Propane
  • Well
  • Septic Tank
  • Septic System

Community Details

  • Property has a Home Owners Association
  • Peachblow Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246908202006

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,701

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.84
  • Co List Office Mls Id: FLEISHERHA
  • Co List Office Phone: 970-927-6828
  • Inclusions: Ceiling Fan, Dryer, Freezer, Refrigerator, Washer, Range, Microwave, Dishwasher
  • Subdivision Name: Peachblow
  • Directions: Frying Pan Road, seven miles to 7738 on the right, look for sign
  • Architectural Style: Two Story, Cabin
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2000
  • Tax Parcel Letter: R027846
  • Attribution Contact: (970) 923-2006
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Single Family
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 8700.64
  • Financing Info:Tax Year2: 2012
  • Extras:Hot TubSpa: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Substructure:Slab: Yes
  • Extras:Lawn Sprinklers: Yes
  • Extras:Fence: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Style:Two Story: Yes
  • Sanitation:Septic: Yes
  • Inclusions:Freezer: Yes
  • Roof:Shake: Yes
  • Exterior:Log Siding: Yes
  • Water:Well - Household: Yes
  • Financing Info:HOA Dues YN: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 5013.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Wood Siding, Log Siding, Log, Frame
  • Foundation Details: Slab
  • Property Condition: Excellent
  • Roof: Shake
  • Construction:Frame: Yes
  • Construction:Log: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car
  • General Info:Garage SqFt: 812.0

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Heating: Radiant, Hot Water, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Well - Household
  • Heating:Radiant: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes
  • Gas/Propane: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:River Frontage: Yes

Lot Info

  • Lot Size Sq Ft: 80150.0
  • Parcel #: 246908202006
  • Zoning: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8700.64
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2016
Closed on
Jul 26, 2017
Sold by
Pbs Rentals Llc
Bought by
7738 Frying Pan Llc
Seller's Agent
Christy Clettenberg
Coldwell Banker Mason Morse-Aspen
Buyer's Agent
Mark Haldeman
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$4,995,000
Sold Price
$4,000,000
Premium/Discount to List
-$995,000
-19.92%
Total Days on Market
312
Current Estimated Value
$5,754,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,754,397
Avg. Annual Appreciation
4.64%

Purchase Details

Listed on
Oct 22, 2012
Closed on
Sep 27, 2013
Sold by
Benes Richard Lee
Bought by
Benes Rebecca Casdorph
Seller's Agent
Doug Leibinger
Aspen Snowmass Sotheby's International Realty-Snowmass Village
Buyer's Agent
Christy Clettenberg
Coldwell Banker Mason Morse-Aspen
List Price
$4,995,000
Sold Price
$3,500,000
Premium/Discount to List
-$1,495,000
-29.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%
Original Mortgage
$3,015,205
Interest Rate
4.56%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $4,000,000 None Available
Warranty Deed $3,500,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,500,000 Adjustable Rate Mortgage/ARM
Previous Owner $3,015,205 Stand Alone Refi Refinance Of Original Loan
Previous Owner $3,000,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $3,000,000 Purchase Money Mortgage
Previous Owner $3,000,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,550,000 Adjustable Rate Mortgage/ARM
Previous Owner $300,000 Credit Line Revolving
Previous Owner $650,000 Unknown
Previous Owner $650,000 Unknown
Previous Owner $1,100,000 Construction
Previous Owner $500,000 Unknown
Previous Owner $300,000 Unknown
Previous Owner $300,000 Unknown
Previous Owner $300,000 Unknown
Previous Owner $147,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2017 07/26/17 Sold $4,000,000 -19.9% $798 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
09/20/2016 09/20/16 For Sale $4,995,000 +42.7% $996 / Sq Ft
09/30/2013 09/30/13 Sold $3,500,000 -29.9% $698 / Sq Ft
08/30/2013 08/30/13 Pending -- -- --
10/22/2012 10/22/12 For Sale $4,995,000 -- $996 / 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 $29,085 $367,490 $84,580 $282,910
2023 $29,085 $390,850 $84,640 $306,210
2022 $23,374 $290,940 $115,540 $175,400
2021 $24,023 $299,320 $118,870 $180,450
2020 $20,383 $266,620 $59,430 $207,190
2019 $20,576 $266,620 $59,430 $207,190
2018 $18,852 $241,990 $54,720 $187,270
2017 $17,850 $241,990 $54,720 $187,270
2016 $20,369 $271,300 $60,500 $210,800
2015 -- $271,300 $60,500 $210,800
2014 $12,607 $176,770 $52,850 $123,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 122677

Aspen Glenwood MLS

APN: R027846