NOT LISTED FOR SALE

1194 Pine Tree Dr Bayfield, CO 81122

Estimated Value: $40,600 - $549,000

1 Acre
$169,150 Price per Acre
43,560 Sq Ft Lot

Last Sold September 20, 2023

Last sale price $38,500

Est. 339% increase in value since last sale

Current estimated payment $1,029/month

454 Days on Market

About This Lot

As of September 2023

A beautiful one acre lot in the Forest Lakes Subdivision which bakes to 160 acres of open space, making this one of the most desirable lots currently on the market. A Drive way has been installed with a lovely build site that affords gorgeous views of the pine river valley. Great Southern exposure with endless possibilities to build your dream home and enjoy countless sunsets. Don't let this one slip away.

Last Agent to Sell the Property

Kyle Wolff

KC Matthew Realty LLC Listed on: 05/20/2022

Last Buyer's Agent

Brian Cartwright

Legacy Properties West Sotheby's Int. Realty

Legacy Properties West Sotheby's Int. Realty

Property Details

Property Type

  • Land

Lot Details

  • 1 Acre Lot
  • Open Space

HOA Fees

  • $68 Monthly HOA Fees

Schools

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

Additional Features

  • Valley Views
  • Septic System

Community Details

  • Flmd HOA
  • Forest Lakes Subdivision

Listing and Financial Details

  • Security Deposit $5,000
  • Assessor Parcel Number 567501111025

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$68 per month

Listing Details

  • Class: Land
  • Em Holder: Land Title
  • Legal Lot Block: SUBDIVISION: FOREST LAKES S/D #2 BLOCK: 0 LOT: 159 FOREST LAKES UNIT 4 1194 PINE TREE DR BAYFIELD 81122
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 567501111025
  • Property Description: Adj To Open Space
  • Street Descriptionaccess: Gravel
  • Street Designation: Drive
  • Tax Account Id: R015267
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Monthly
  • Domestic Sewer: Septic
  • Domestic Water: Tap Available
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 1
  • Current Property Use: Residential Single Family
  • Em Deposit: 5,000
  • Possible Property Use: Residential Single Family
  • Mineral Rights: Unknown
  • Price per Sq Ft: 0.92
  • Sold Priceacre: 38500
  • Water Tap Available: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: 615.20
  • Prop Description Remarks: A beautiful one acre lot in the Forest Lakes Subdivision which bakes to 160 acres of open space, making this one of the most desirable lots currently on the market. A Drive way has been installed with a lovely build site that affords gorgeous views of the pine river valley. Great Southern exposure with endless possibilities to build your dream home and enjoy countless sunsets. Don't let this one slip away.
  • Subdv Name: Forest Lakes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Valley

Utilities

  • Utilities: Electricity Near
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Water Supplier: Forest Lakes Metro District

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 68.40
  • Hoa Name: FLMD

Schools

  • High School: Bayfield 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Sep 20, 2023
Sold by
Frisby Investment Ventures Llc
Bought by
Butler Daniel Timothy
Seller's Agent
Kyle Wolff
KC Matthew Realty LLC
Buyer's Agent
Brian Cartwright
Legacy Properties West Sotheby's Int. Realty
List Price
$47,500
Sold Price
$38,500
Premium/Discount to List
-$9,000
-18.95%
Views
520
Current Estimated Value
$169,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,650
Avg. Annual Appreciation
88.24%

Purchase Details

Listed on
Jan 10, 2022
Closed on
Feb 11, 2022
Sold by
Jimmy Bridges
Bought by
Frisby Investment Ventures Llc
Seller's Agent
Chessie Hollibaugh
eXp Realty, LLC
Buyer's Agent
Chessie Hollibaugh
eXp Realty, LLC
List Price
$32,900
Sold Price
$32,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%

Purchase Details

Closed on
Oct 2, 2017
Sold by
Marousis James John
Bought by
Bridges Jimmy and Bridges Samantha

Purchase Details

Closed on
Aug 8, 2012
Sold by
Marousis James John and De Mars Janet Lee
Bought by
Demars Janet Lee and Marousis James John

Purchase Details

Closed on
Jan 16, 2001
Bought by
Bridges Jimmy W and Bridges Samantha L
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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Purchase History

Date Buyer Sale Price Title Company
Butler Daniel Timothy $38,500 Land Title Guarantee
Frisby Investment Ventures Llc $32,900 None Listed On Document
Bridges Jimmy $8,500 None Available
Demars Janet Lee -- None Available
Bridges Jimmy W $3,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2023 09/20/23 Sold $38,500 -3.8% --
08/17/2023 08/17/23 Pending -- -- --
06/17/2023 06/17/23 Price Changed $40,000 -11.1% --
05/16/2023 05/16/23 Price Changed $45,000 -5.3% --
01/13/2023 01/13/23 For Sale $47,500 0.0% --
01/04/2023 01/04/23 Pending -- -- --
09/28/2022 09/28/22 Price Changed $47,500 -9.5% --
08/31/2022 08/31/22 Price Changed $52,500 -12.5% --
08/04/2022 08/04/22 Price Changed $60,000 -11.1% --
07/08/2022 07/08/22 Price Changed $67,500 -6.9% --
06/25/2022 06/25/22 Price Changed $72,500 -6.5% --
06/05/2022 06/05/22 Price Changed $77,500 -8.8% --
05/20/2022 05/20/22 For Sale $85,000 +158.4% --
02/11/2022 02/11/22 Sold $32,900 0.0% -- View Prior Sale
01/13/2022 01/13/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $32,900 -- --
Source: Colorado Real Estate Network (CREN)

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
2025 $1,023 $9,840 $9,840 --
2024 $901 $9,770 $9,770 --
2023 $901 $9,770 $9,770 $0
2022 $611 $10,150 $10,150 $0
2021 $615 $6,420 $6,420 $0
2020 $654 $6,960 $6,960 $0
2019 $642 $6,960 $6,960 $0
2018 $635 $6,960 $6,960 $0
2017 $636 $6,960 $6,960 $0
2016 $548 $5,980 $5,980 $0
2015 $480 $5,980 $5,980 $0
2014 -- $7,180 $7,180 $0
2013 -- $7,180 $7,180 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 793670

Colorado Real Estate Network (CREN)

APN: R015267