NOT LISTED FOR SALE

0 Rae Dr Bayfield, CO 81122

Estimated Value: $357,026 - $401,000

2 Beds
1 Bath
928 Sq Ft
$408/Sq Ft Est. Value

Sale Details

Date Sold: October 30, 2018

Last sale price $235,000 $253 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,137 / mo

90 Days on Market

Highlights

  • Mountain View
  • Wood Burning Stove
  • Wooded Lot
  • Deck
  • Den with Fireplace
  • Vaulted Ceiling

About This Home

As of October 2018

Borders BLM land. This is a beautiful D log wood constructed home that has privacy and reflects the Colorado mountain style of living. Vaulted ceiling in the living room, kitchen and dining area with the master bedroom and bath on the main level. Kitchen has granite counter tops. The loft is large and has a view through the windows in the vaulted ceiling. The home has wood interior, is well maintained and will make a good home and or cabin. With BLM land recreation is at your door. There are two areas where a two car garage can be constructed. The Forest Lakes Metro District provides the central water system, maintains the roads and plows the winter snow. The subdivision has a private lake. With the quality of this home, 1.4 acres next to public land this is a very good buy. Forest Lakes Metro monthly fees for water, trash and road service is $47.50. From CR 501 on the North end of the subdivision it is a short distance to the home.

Last Agent to Sell the Property

Victor Schultheiss

The Wells Group of Durango, Inc. Listed on: 07/04/2018

Last Buyer's Agent

Victor Schultheiss

The Wells Group of Durango, Inc. Listed on: 07/04/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $861

Year Built

  • Built in 1994

Lot Details

  • 1.4 Acre Lot
  • Wooded Lot

Home Design

  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1.5-Story Property
  • Tongue and Groove Ceiling
  • Vaulted Ceiling
  • Wood Burning Stove
  • Double Pane Windows
  • Wood Frame Window
  • Great Room
  • Den with Fireplace
  • Mountain Views
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Bayfield K-5 Elementary School
  • Bayfield 6-8 Middle School
  • Bayfield 9-12 High School

Utilities

  • Heating System Uses Wood
  • Heating System Powered By Leased Propane
  • Water Heater
  • Septic Tank
  • Septic System
  • Internet Available

Community Details

  • Association fees include water, snow removal, road maintenance
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 567503104001

Home Details

Home Type

Single Family

Est. Annual Taxes

$861

Year Built

Built in 1994

Lot Details

1.4 Acres

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave
  • Estimated Total Acres: 1.4
  • Class: RESIDENTIAL
  • Em Deposit: 3,000.
  • Em Holder: Colorado Title & Closing
  • Exterior Inclusions: Deck
  • Fronts: BLM Land
  • Interior Inclusions: Wood Stove, W/D Hookup, Vaulted Ceiling, Granite Counters, T&G Ceilings
  • Legal Lot Block: Subdivision: Forest Lakes S/D Block: O, Lot: 78
  • List Price per Sq Ft: 258.51
  • Lot Dimension: 1.40
  • Lot Size Acreage: 1-1.99
  • Parcel Id Number: 567503104001
  • Price Per Sq Ft: 253.23
  • Property Description: Borders Public Land, Wooded Lot, Boundaries Marked
  • Real Estate Included: Yes
  • Residence Stories: 1.5 Story
  • Residence Style: Loft
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 253.23
  • Street Descriptionaccess: Private, Gravel
  • Street Designation: Drive
  • Tax Account Id: R020852
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Service: Yes
  • Lvt Date: 07/06/2018
  • Total Taxes Dollar: 861.24
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dining Room: Breakfast Nook
  • Bedrooms: 2
  • Flooring: Carpet-Partial, Hardwood, Laminate
  • Estimated Total Sq Ft: 928
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Fireplace Location Type: Den/Family Room, Woodstove
  • Foundation: Crawl Space
  • Great Room: Yes
  • Main Level Sq Ft: 600
  • Master Bedroom Level: Main Level
  • Total Office Den: 0
  • Upper Level Sq Ft: 328

Exterior Features

  • Windows: Double Pane, Wood
  • Construction Type: Wood Frame, Wood
  • Roof: Metal
  • Views: Mountains

Utilities

  • Utilities: Electric, Propane-Tank Leased
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Central Electric, Wood Stove
  • Sewer Supplier: Septic
  • Water Heater: Electric Water Heater
  • Water Supplier: Forest Lakes Metro District

Condo/Co-op/Association

  • Hoa Inclusions: Water, Snow Removal, Road Maintenance

Schools

  • High School: Bayfield 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018

MLS Schools

  • Elementary School: Bayfield K-5
  • Middle School: Bayfield 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2018
Closed on
Oct 24, 2018
Sold by
Olexsak Ronald P and Olexsak Elizabeth M
Bought by
Ferenz Joshua F and Ferenz Megan G
Seller's Agent
Victor Schultheiss
The Wells Group of Durango, Inc.
Buyer's Agent
Victor Schultheiss
The Wells Group of Durango, Inc.
List Price
$244,500
Sold Price
$235,000
Premium/Discount to List
-$9,500
-3.89%
Current Estimated Value
$378,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,257
Avg. Annual Appreciation
6.59%
Original Mortgage
$237,373
Outstanding Balance
$207,444
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$170,813

Purchase Details

Closed on
Jun 3, 1994
Bought by
Olexsak Ronald P and Olexsak Elizabeth M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ferenz Joshua F $235,000 Colorado Title & Closing Ser
Olexsak Ronald P $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferenz Joshua F $237,373
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2018 10/30/18 Sold $235,000 -2.0% $253 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
09/12/2018 09/12/18 Price Changed $239,900 -1.9% $259 / Sq Ft
07/04/2018 07/04/18 For Sale $244,500 +986.7% $263 / Sq Ft
03/12/2013 03/12/13 Sold $22,500 -18.2% $24 / Sq Ft View Prior Sale
02/14/2013 02/14/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $27,500 -- $30 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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
2025 $1,413 $19,740 $2,910 $16,830
2024 $1,245 $13,500 $2,040 $11,460
2023 $1,245 $16,340 $2,470 $13,870
2022 $1,384 $17,830 $2,700 $15,130
2021 $1,434 $14,970 $1,970 $13,000
2020 $1,039 $11,060 $1,640 $9,420
2019 $1,021 $11,060 $1,640 $9,420
2018 $859 $9,420 $1,790 $7,630
2017 $861 $9,420 $1,790 $7,630
2016 $827 $9,030 $1,710 $7,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 747579

Colorado Real Estate Network (CREN)

APN: R020852

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