NOT LISTED FOR SALE

841 Hillcrest Dr Basalt, CO 81621

Estimated Value: $4,510,000 - $5,017,853

4 Beds
6 Baths
5,280 Sq Ft
$903/Sq Ft Est. Value

Last Sold October 20, 2022

Last sale price $3,925,000 $743 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $26,700/month

123 Days on Market

Highlights

  • 0.86 Acre Lot
  • Main Floor Primary Bedroom
  • 3 Fireplaces
  • Green Building
  • Hydromassage or Jetted Bathtub
  • Steam Shower

About This Home

As of October 2022

This beautiful home is considered one of the finest properties in the mid-valley. Upon entry you are greeted by a wall of floor-to-vaulted ceiling windows in the great room framing breathtaking mountain views. The architectural features and uses of warm wood, metal and stone compliment the mountain modern design. The large home enjoys four bedrooms which includes a main floor primary suite with a large ensuite sumptuous bath and adjoining office, plus a bonus room. The chef's kitchen is outfitted with Sub Zero and Wolf appliances. The downstairs walk-out level is set up as a family room with wet-bar.

Last Agent to Sell the Property

Mark Lewis

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA1326527 Listed on: 06/25/2022

Last Buyer's Agent

Layne Shea

Aspen Snowmass Sotheby's International Realty - Hyman Mall License #FA.100004067

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,244

Year Built

  • Built in 2014

Lot Details

  • 0.86 Acre Lot
  • Southern Exposure
  • Southwest Facing Home
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned RSF

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Metal Roof
  • Wood Siding
  • Stone Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,280 Sq Ft Home
  • 3-Story Property
  • 3 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Home Security System
  • Property Views
  • Finished Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 6 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Baseboard Heating
  • Water Rights Not Included
  • Water Softener
  • Cable TV Available

Additional Features

  • Green Building
  • Patio
  • Mineral Rights Excluded

Community Details

  • Association fees include sewer, ground maintenance
  • Aspen Junction Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246511106007

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,244

Year Built

Built in 2014

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.86
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Aspen Junction
  • Directions: From Hwy 82 to Two Rivers Rd. Turn onto Hillcrest Dr. (Aspen Junction). Follow Hillcrest Dr. to end of cul-de-sac. House is on left.
  • Architectural Style: Other
  • Master Model: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2014
  • Tax Parcel Letter: R031417
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Unfurnished
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: RSF
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • Financing Info:Taxes2: 14243.88
  • Financing Info:Tax Year2: 2021
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:Unit Faces: Southwest
  • Style:Two Story: Yes
  • Inclusions:Oven: Yes
  • Cooling:Central AC: Yes
  • Roof:Metal: Yes
  • Extras:Steam Shower: Yes
  • Extras:Softener: Yes
  • Extras:Indoor Jetted Tub: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 50.0
  • Listing Info In Foreclosure: No
  • General Info:Main Floor Primary: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Finished
  • Full Bathrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 5280.0
  • Fireplace:Gas: Yes
  • Style Other: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Block, Wood Siding, Stone Veneer, Frame
  • Direction Faces: Southwest
  • Property Condition: Excellent
  • Roof: Composition, Metal
  • Construction:Frame: Yes
  • Construction:Concrete Block: Yes

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Building Features: Yes
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Forced Air, Baseboard
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Forced Air: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association Fee: 50.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 50.0
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 37461.6
  • Parcel #: 246511106007
  • Zoning: RSF

Tax Info

  • Tax Annual Amount: 14243.88
  • Tax Year: 2021

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2022
Closed on
Oct 20, 2022
Sold by
Fehr David R
Bought by
Banks Michael
Seller's Agent
Mark Lewis
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Layne Shea
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$4,395,000
Sold Price
$3,925,000
Premium/Discount to List
-$470,000
-10.69%
Current Estimated Value
$4,767,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$842,713
Avg. Annual Appreciation
6.27%
Original Mortgage
$2,500,000
Outstanding Balance
$2,405,400
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$2,362,313

Purchase Details

Listed on
Dec 5, 2019
Closed on
Jan 2, 2020
Sold by
Torres Lara
Bought by
Fehr David R
Seller's Agent
Pat Marquis
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Mark Lewis
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$2,495,000
Sold Price
$2,450,000
Premium/Discount to List
-$45,000
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.40%

Purchase Details

Listed on
Aug 6, 2014
Closed on
Nov 28, 2016
Sold by
Palmer Holdings Company Llc
Bought by
Torres Lara
Seller's Agent
Ted Borchelt
Aspen Snowmass Sotheby's International Realty-Basalt
Buyer's Agent
Pat Marquis
Aspen Snowmass Sotheby's International Realty - Hyman Mall
List Price
$2,699,000
Sold Price
$2,194,500
Premium/Discount to List
-$504,500
-18.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$1,500,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2013
Sold by
Harris John R
Bought by
Palmer Holding Company Llc

Purchase Details

Closed on
Nov 19, 2010
Sold by
Sander Carina
Bought by
Harris John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Banks Michael $3,925,000 --
Fehr David R $2,450,000 Land Title Guarantee Co
Torres Lara $2,194,500 Title Company Of The Rockies
Palmer Holding Company Llc $300,000 Stewart Title
Harris John R $300,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banks Michael $2,500,000
Previous Owner Torres Lara $1,500,000
Previous Owner Harris John R $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2022 10/20/22 Sold $3,925,000 -10.7% $743 / Sq Ft
05/14/2022 05/14/22 For Sale $4,395,000 +79.4% $832 / Sq Ft
01/06/2020 01/06/20 Sold $2,450,000 -1.8% $464 / Sq Ft View Prior Sale
12/13/2019 12/13/19 Pending -- -- --
12/05/2019 12/05/19 For Sale $2,495,000 +13.7% $473 / Sq Ft
11/28/2016 11/28/16 Sold $2,194,500 -18.7% $416 / Sq Ft View Prior Sale
10/08/2016 10/08/16 Pending -- -- --
08/06/2014 08/06/14 For Sale $2,699,000 -- $511 / 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 $20,589 $245,930 $41,590 $204,340
2023 $20,589 $245,930 $41,590 $204,340
2022 $13,845 $152,220 $31,990 $120,230
2021 $14,244 $156,600 $32,910 $123,690
2020 $11,710 $133,570 $20,020 $113,550
2019 $11,826 $133,570 $20,020 $113,550
2018 $11,738 $130,720 $20,160 $110,560
2017 $11,198 $130,720 $20,160 $110,560
2016 $13,929 $160,110 $22,290 $137,820
2015 -- $160,110 $22,290 $137,820
2014 $3,597 $44,090 $22,290 $21,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 174991

Aspen Glenwood MLS

APN: R031417