NOT LISTED FOR SALE

8103 Elk Ln Unit 8103 Basalt, CO 81621

Estimated Value: $746,546 - $958,000

2 Beds
2 Baths
1,123 Sq Ft
$402/mo HOA Fee

Last Sold May 14, 2021

Last sale price $525,000 $467 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,410/month

5 Days on Market

Highlights

  • Views
  • Resident Manager or Management On Site
  • Baseboard Heating
  • Patio
  • Laundry Room
  • South Facing Home

About This Home

As of May 2021

Conveniently located to Basalt schools, downtown Basalt, public transportation and 25 minutes to Aspen, this ground floor 2 bed/2 bath single level condo has newer wood laminate floors and carpeting, a gas log fireplace, built-in shelving, in unit washer/dryer, a south-facing patio off the living room, single car garage and an open floor plan. Common open area for kids to play and an easy walk to the riverfront walking path. HOA allows up to two dogs for either owners or renters with additional annual pet registration fee. Makes an excellent rental or primary residence with good separation of en-suite bedrooms for roommate situation. Tenant lease expires 4/30/21.

Last Agent to Sell the Property

Sally Shiekman

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #FA1317921 Listed on: 04/02/2021

Last Buyer's Agent

Pete Bellande

Compass Aspen License #FA.100042332

Compass Aspen

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,494

Year Built

  • Built in 1995

Lot Details

  • South Facing Home
  • Southern Exposure
  • Sprinkler System
  • Property is in good condition

HOA Fees

  • $402 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,123 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Window Treatments
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Carport
  • Common or Shared Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 246717228075

Community Details

Overview

  • Association fees include contingency fund, management, sewer, insurance, water, trash, snow removal, ground maintenance
  • Villas @ Elk Run Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,494

Year Built

Built in 1995

Lot Details

0

HOA Fees

$402 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Dryer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Villas @ Elk Run
  • Directions: Hwy 82 to Two Rivers Road to Elk Run Drive. Turn onto Elk Run Drive and left into the Villas at Elk Run. Second building on the left.
  • Above Grade Finished Sq Ft: 1123.0
  • Architectural Style: Other
  • Carport Y N: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1995
  • Tax Parcel Letter: R015045
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: PUD
  • General Info:Main Floor Master: Yes
  • 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: 1.0
  • General Info:Short Termable: No
  • Financing Info:Taxes2: 2494.28
  • Financing Info:Tax Year2: 2020
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Substructure:Slab: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • HOA Fees Includes:Management: Yes
  • Condition:Good: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Sewer2: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • HOA Fees Includes:Water: Yes
  • General Info:LvHtSqFt (Abv Grnd): 1123.0
  • General Info:Unit Faces: South
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 4826.4
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1123.0
  • Fireplace:Gas: Yes
  • Style Other: Yes

Exterior Features

  • Construction Type: Wood Siding, Frame
  • Direction Faces: South
  • Foundation Details: Slab
  • Property Condition: Good
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Inside
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Natural Gas, Baseboard
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Pets Allowed/Renter
  • Association Fee: 402.2
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 402.2
  • Financing Info:Association Fee Frequency2: Monthly
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Exposure Southern: Yes

Fee Information

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

Lot Info

  • Parcel #: 246717228075
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 2494.28
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 10, 2021
Sold by
Thomas Snowmass Llc
Bought by
Roth Evan James
Seller's Agent
Sally Shiekman
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Pete Bellande
Compass Aspen
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$901,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,387
Avg. Annual Appreciation
13.04%
Original Mortgage
$393,750
Outstanding Balance
$356,836
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$544,551

Purchase Details

Closed on
Jan 4, 2017
Sold by
Sillars Robert G and Sillars Carolyn T
Bought by
Thomas Snowmass Llc

Purchase Details

Closed on
Nov 15, 2006
Sold by
Whetstine Judith Ann
Bought by
Sillars Robert G and Sillars Carolyn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Roth Evan James $525,000 Land Title Guarantee
Thomas Snowmass Llc -- None Available
Sillars Robert G $410,000 Stewart Title Of Colorado
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roth Evan James $393,750
Previous Owner Sillars Robert G $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $525,000 0.0% $467 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $525,000 -- $467 / 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 $2,759 $31,460 $0 $31,460
2023 $2,759 $34,470 $0 $34,470
2022 $2,784 $29,840 $0 $29,840
2021 $2,902 $30,690 $0 $30,690
2020 $2,512 $27,230 $0 $27,230
2019 $2,512 $27,230 $0 $27,230
2018 $2,378 $27,420 $0 $27,420
2017 $2,265 $25,290 $0 $25,290
2016 $2,152 $23,610 $0 $23,610
2015 $2,109 $23,610 $0 $23,610
2014 $1,680 $19,510 $0 $19,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 169328

Aspen Glenwood MLS

APN: R015045