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405 Park Ave

Basalt, CO 81621

2 bd 2 ba 1,104 sqft Built 1988 Lot 828 sqft townhomes
Most recent sale
$500,000
Nov 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 2, 2024 Listed for rent $5,900 AspenGlenwood
Mar 13, 2024 Listed $980,000 AspenGlenwood
Nov 18, 2022 Sold $500,000 Public Record
Jan 1, 1998 Sold $144,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $36,790 $5,020 $41,810 $3,749
2024 $36,790 $5,020 $41,810 $3,246
2023 $33,180 $4,520 $37,700 $3,156
2022 $23,560 $3,210 $26,770 $2,434
2021 $24,240 $3,310 $27,550 $2,505
2020 $23,130 $3,150 $26,280 $2,303
2019 $23,130 $3,150 $26,280 $2,326
2018 $21,510 $2,930 $24,440 $2,194
2016 $16,450 $2,240 $18,690 $1,626
2015 $16,450 $2,240 $18,690 $1,586
2014 $11,860 $1,620 $13,480 $1,099
2013 $11,860 $1,620 $13,480 $1,097
2011 $18,240 $2,490 $20,730 $1,550
2010 $18,240 $2,490 $20,730 $2,178
2009 $30,900 $4,210 $35,110 $2,160
2008 $30,900 $4,210 $35,110 $1,447
2007 $18,850 $2,570 $21,420 $1,455

Property facts

Year built
1988
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,104 sqft
Lot size
828 sqft
ZIP code
81621
City
Basalt
Street
Park Ave
Coordinates
39.37255, -107.07743

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,318
Gross rental yield
5.56%
Implied cap rate
3.62%
Trend-extrapolated value

Frequently asked questions

When did 405 Park Ave last sell?
405 Park Ave most recently sold on Nov 18, 2022 for $500,000.
What is the current tax assessment for 405 Park Ave?
The most recent total assessment for 405 Park Ave (year 2025) is $41,810 with $3,749 in property tax.
How does 405 Park Ave's assessment compare to its last sale price?
The current assessment is 91.6% below the last sale price of $500,000.
When was 405 Park Ave built?
405 Park Ave was built in 1988.
How does 405 Park Ave compare to others on Park Ave?
We track 8 other properties on Park Ave. Browse the list under "Other properties on Park Ave" to compare beds, baths, and sale history.
What are the property facts for 405 Park Ave?
405 Park Ave is a 2 bed, 2 bath, 1,104 sqft, 828 sqft lot townhomes.
Is 405 Park Ave a flip candidate?
No — 405 Park Ave does not appear in our flips dataset.
Is 405 Park Ave a tax-appeal candidate?
No — 405 Park Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.3%
Implied 1-yr
-5.2%
2026 Q3
$1.77M
2026 Q4
$1.74M
ZIP 81621 — Median Price History + Forecast

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