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503 Wren Court

503 Wren Court, Basalt, CO 81621
Property in Pitkin
Sold Nov 23, 2020
$720,000
$576,000 by Alpine Bank
Mortgage Due Nov 23, 2050
Sold Apr 06, 2018
$629,000
$503,200 by Wells Fargo Bank Na
Mortgage Due May 01, 2048
Local assessors in Basalt, CO have categorized 503 Wren Court as a residential type of property. The home was built in 1991 and is 33 years old. It was most recently renovated and altered in 2015. The property's lot size has been calculated to be 915 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 503 Wren Court has a total of 1,992 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a gable or hip style roof that was made of metal. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a hot water heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 503 Wren Court sold most recently in Nov 20, 2020 for a total of $720,000. If you work out the math, that's approximately a cost of $361.45 per sqft. Before that, the property was also sold for $629,000 in Apr 6, 2018. 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 $7,141 in taxes each year. 503 Wren Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $89,060. If we break it down further, the land itself was valued at $13,370. Improvements to the property, however, were assessed at a total of $75,690. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 2015
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: B
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 915
  • Total Building Area: 1,992
  • Gross Building Area: 1,992
  • Building Area: 1,992
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,992
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: COLUMBINE
  • Land Acres: 0.021
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISION: COLUMBINES AT ELK RUN UNIT: 503 DESC: FILING 2

Ownership

  • Current Owner : DAVIS HOLLY
  • Current Owner 2: BUGLIONE MICHAEL
  • Previous Owner : HOFFMAN ALEXANDER
  • Previous Owner 2: GORDON KELLY
  • Owner Before Previous Owner: BLUE MAGIC LLC

Neighborhood

  • School District Name: Roaring Fork School District RE-1
  • Census Tract: 000102

Geography

  • Account Number: R012706
  • Parcel: 246717205003
  • Municipality: JT1-SWZB
  • Latitude: 39.3637
  • Longitude: -107.027

    Address

  • Full Address: 503 Wren Ct
  • Address - House Number: 503
  • Address - Street Name: Wren
  • Address - Suffix Type: Ct
  • State: CO
  • City Name: Basalt
  • Carrier Code: R002
  • 4-Digit Zip Code: 8238
  • Zip Code: 81621

Valuation

    Tax

  • Total Area: 1,992
  • Tax Year: 2023
  • Tax Amount: $7,141

    Appraisal Valuation

  • Standard Deviation: 0.2157
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 70
  • Final Value: 1,066,484
  • High Value: 1,296,544
  • Low Value: 836,425

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $726,000
  • First Open Lien Mortgage Lender: ALPINE BANK
  • First Open Lien Mortgage Recording Date: Nov 23, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $576,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Nov 23, 2050
  • Second Open Lien Mortgage Lender: ALPINE BANK
  • Second Open Lien Mortgage Recording Date: May 03, 2022
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 03, 2052

    Market Valuation

  • Market Total Value: $1,316,600
  • Market Land Value: $197,700
  • Market Improvement Value: $1,118,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,060
  • Assessed Land Value: $13,370
  • Assessed Improvements Value: $75,690

    Sales

  • Current Sale Contract Date: Nov 20, 2020
  • Current Sale Recording Date: Nov 23, 2020
  • Current Sale Transaction ID: 11802802533
  • Current Sale Price: $720,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 670770
  • Previous Sale Recording Date: Apr 06, 2018
  • Previous Sale Contract Date: Apr 06, 2018
  • Previous Sale Amount: $629,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALPINE BANK
  • First Mortgage Transaction Date: Nov 23, 2020
  • First Mortgage Loan Amount: $576,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Apr 06, 2018
  • Previous Mortgage Loan Amount: $503,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2048

About Basalt



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Frequently Asked Questions

What neighborhood is 503 Wren Court located in?
The 503 Wren Court is a located in the neighborhood of Pitkin in Basalt, Basalt.
What is the average sales price for listings in 503 Wren Court?
The average sales price for units in 503 Wren Court is $0 currently.

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