$4,000,000
SOLD JUL 26, 2017

7738 Frying Pan Rd Basalt, CO 81621

6 Beds
6.5 Baths
5,013 Sq Ft
1.84 Acres

Recently Sold

$798 Per Sq Ft

20% Below List Price

269 Days on Market

Highlights

  • Spa
  • Green Building
  • No HOA
  • River Front
  • Furnished
  • Views

About This Home

As of July 2017

Gorgeous Riverfront Retreat located on the Gold Medal Frying Pan River with 400+/- feet of private riverfront including your own island. This outstanding 5,013 sf custom home sits at the edge of the river and features 6 bedrooms, towering vaulted ceilings, wood burning fireplace and exquisite furnishings. This is truly a Colorado masterpiece with a large fishing hole just off the patio and located just 7 miles from downtown Basalt. This is more than just a riverfront home... this is a lifestyle where memories are made for generations. Imagine grandfathers teaching grandkids to fly fish, kids playing barefoot on the riverbank and sunset cocktail hours every evening around the firepit. This is the perfect place for a Family Fishing Lodge and gathering place for friends and family.

Last Agent to Sell the Property

Christy Clettenberg

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 License #FA100014334 Listed on: 09/20/2016

Coldwell Banker Mason Morse-Aspen

Last Buyer's Agent

Mark Haldeman

Aspen Snowmass Sotheby's International Realty - Hyman Mall

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,463

Year Built

  • Built in 2000

Lot Details

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

Home Design

  • Cabin
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Metal Roof
  • Wood Siding
  • Log Siding

Interior Spaces

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

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Carport

Outdoor Features

  • Spa
  • Patio

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Propane
  • Well
  • Septic Tank
  • Septic System

Additional Features

  • Green Building
  • Mineral Rights Excluded

Community Details

  • No Home Owners Association
  • Peachblow Subdivision

Listing and Financial Details

  • Assessor Parcel Number 249608202006

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,463

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.84
  • Inclusions: Ceiling Fan, Dryer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Peachblow
  • Directions: Frying Pan Road, 7 miles to 7738 Frying Pan Road on your righthand side.
  • Above Grade Finished Sq Ft: 5013.0
  • Architectural Style: Two Story, Cabin
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 2000
  • Tax Parcel Letter: R027846
  • Attribution Contact: (970) 925-7000
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 20462.52
  • Financing Info:Tax Year2: 2015
  • 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
  • Miscellaneous:Under Construction3: No
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 5013.0
  • Style:Two Story: Yes
  • Sanitation:Septic: Yes
  • Inclusions:Oven: Yes
  • Roof:Metal: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Exterior:Log Siding: Yes
  • Water:Well - Household: Yes
  • Carport:_one_ Car: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • 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: Composition, Metal
  • Construction:Frame: Yes
  • Construction:Log: Yes

Garage/Parking

  • Keywords Info:Garage: 2 Car
  • General Info:Garage SqFt: 798.0

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Natural Gas, Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Well - Household
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes
  • Gas/Propane: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:River Frontage: Yes

Lot Info

  • Lot Size Sq Ft: 80150.0
  • Parcel #: 249608202006
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 20462.52
  • Tax Year: 2015

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%
Current Estimated Value
$5,636,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,636,918
Avg. Annual Appreciation
4.60%

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

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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 $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: 146142

Aspen Glenwood MLS

APN: R027846