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10 River Oaks Lane

10 River Oaks Lane, Basalt, CO 81621
House in Eagle
Sold Oct 08, 2019
$1,150,000
$1,750,000 by Midfirst Bank
Mortgage Due Apr 09, 2051
10 River Oaks Lane in Basalt, CO was first built in 1989 and is 35 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bi-level style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 10 River Oaks Lane has 2,512 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 58,806 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gambrel style roof made of metal. For those who need parking, there is a garage. The garage is 528 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a radiant heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10 River Oaks Lane sold most recently in Oct 7, 2019 for a total of $1,150,000. If you work out the math, that's approximately a cost of $344.72 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,927 in taxes each year. 10 River Oaks Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $131,820. If we break it down further, the land itself was valued at $31,290. Improvements to the property, however, were assessed at a total of $100,530. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Log Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gambrel
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 58,806
  • Total Building Area: 3,336
  • Gross Building Area: 3,336
  • Building Area: 2,512
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Radiant
  • Heated Square Feet: 2,512
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVER OAKS ON THE ROARING FORK
  • Land Acres: 1.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISION: RIVER OAKS ON THE ROARING FORK LOT: 18 BK-0726 PG-0917 DEC 05-15-97

Ownership

  • Current Owner : 10 RIVER OAKS LLC
  • Previous Owner : FARIZEL RICHARD J
  • Previous Owner 2: FARIZEL CHERYL K
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Roaring Fork School District RE-1
  • Census Tract: 000301

Geography

  • Account Number: R028439
  • Parcel: R028439
  • Lot: 18
  • Meridian: SEC 11 QTR 2 TWN 8S RNG 87W
  • Municipality: BASALT
  • Latitude: 39.3721
  • Longitude: -107.08

    Address

  • Full Address: 10 River Oaks Ln
  • Address - House Number: 10
  • Address - Street Name: River Oaks
  • Address - Suffix Type: Ln
  • State: CO
  • City Name: Basalt
  • Carrier Code: R001
  • 4-Digit Zip Code: 9374
  • Zip Code: 81621

Valuation

    Tax

  • Total Area: 2,601
  • Tax Year: 2022
  • Tax Amount: $6,927
  • Tax Rate Code Area: 081

    Appraisal Valuation

  • Standard Deviation: 0.2372
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 2,009,714
  • High Value: 2,486,531
  • Low Value: 1,532,897

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,750,000
  • First Open Lien Mortgage Lender: MIDFIRST BANK
  • First Open Lien Mortgage Recording Date: Apr 13, 2021
  • First Open Lien Mortgage Loan Amount: $1,750,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 09, 2051

    Market Valuation

  • Market Total Value: $1,967,450
  • Market Land Value: $466,950
  • Market Improvement Value: $1,500,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $131,820
  • Assessed Land Value: $31,290
  • Assessed Improvements Value: $100,530

    Sales

  • Current Sale Contract Date: Oct 07, 2019
  • Current Sale Recording Date: Oct 08, 2019
  • Current Sale Transaction ID: 11660615929
  • Current Sale Price: $1,150,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 201916844

    Last Sale Mortgage

  • First Mortgage Lender: MIDFIRST BANK
  • First Mortgage Transaction Date: Oct 08, 2019
  • First Mortgage Loan Amount: $920,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Oct 07, 2049

    Financing

  • First Mortgage Financing Type: Variable

About Basalt



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Nearby Rentals

Unit for rent at 587 Hillcrest Drive, Basalt, CO, 81621

$30,000 /mo

  • 3 Beds
  • 4 Baths
  • 2,556 ft²
587 Hillcrest Drive, Basalt, CO, 81621 Listing by Ashley Feddersen

Frequently Asked Questions

What neighborhood is 10 River Oaks Lane located in?
The 10 River Oaks Lane is a house located in the neighborhood of Eagle in Basalt, Basalt.
What is the average sales price for listings in 10 River Oaks Lane?
The average sales price for units in 10 River Oaks Lane is $0 currently.

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