NOT LISTED FOR SALE

12137 County Road 501 Bayfield, CO 81122

Estimated Value: $645,000 - $720,000

3 Beds
2.5 Baths
2,386 Sq Ft
$281/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $625,000 $262 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,897/month

94 Days on Market

Highlights

  • RV or Boat Parking
  • Dining Room
  • Family Room
  • 4 Car Detached Garage

About This Home

As of May 2023

“Escondite de Pino” This is the ultimate Colorado Rocky Mountain retreat! Rustic cabin feel and privacy without sacrificing comfort and convenience. Only 3 minutes from Vallecito Lake, known for world-class fishing and water sports. This home is situated on 4 acres of lush forest. Cabin is accented with a stacked stone fireplace and 2 covered decks and boasts tongue-and-groove walls/ceilings and wood beams throughout. The stained glass front door leads to the living room. The kitchen features dual ovens, an electric cooktop, a dishwasher, and a pantry. The entry from the second deck leads to the den/game room. This massive room features a custom wood-burning stove. Home features 3 bedrooms and 2.5 bathrooms. All bedrooms have dual custom-built wooden closets with built-in storage. The laundry area features an additional pantry. This cabin has a water softener, electric baseboard heaters, and a newer water heater. Garage #1 is a one-car finished garage with a large workshop and an easily accessible attic. Garage #2 is a 3-car shop with a loft and a root cellar. Attached to the garages are covered wood and tractor storage areas. Covered RV parking with electric hookups. The property features an updated well, a water feature, plugs for Christmas lighting, a shed, an outhouse, a fenced front yard, and much more! Possible 2nd building site. Kubota could be included in the sale. Most furnishings are negotiable.

Last Agent to Sell the Property

Allen Elmore

eXp Realty, LLC Listed on: 01/09/2023

eXp Realty, LLC

Co-Listed By

Cody James

eXp Realty, LLC

Last Buyer's Agent

Allen Elmore

eXp Realty, LLC Listed on: 01/09/2023

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,209

Year Built

  • Built in 1960

Lot Details

  • 3.93 Acre Lot

Home Design

  • Stick Built Home

Interior Spaces

  • 2,386 Sq Ft Home
  • Partially Furnished
  • Family Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 4 Car Detached Garage
  • 1 Carport Space
  • RV or Boat Parking

Schools

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

Utilities

  • Well
  • Septic Tank
  • Internet Available

Community Details

  • Vallecito Val Subdivision

Listing and Financial Details

  • Assessor Parcel Number 559324300015

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,209

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Estimated Total Acres: 3.934
  • Class: RESIDENTIAL
  • Em Deposit: 7500
  • Em Holder: Negotiable
  • Legal Lot Block: Section: 24 Township: 36 Range: 7 TR A, PROJ #94-36 MASON & TROGDON BOUNDARY ADJ #689833 12137 CR 501 BAYFIELD 81122
  • Parcel Id Number: 559324300015
  • Price Per Sq Ft: 261.94
  • Real Estate Included: Yes
  • Realist Id: 5593-243-00-015
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 261.94
  • Tax Account Id: R417298
  • Type: Stick Built
  • Internet Provider: Hughes Net
  • Internet Service: Yes
  • Total Taxes Dollar: $1,949.68
  • Year Built: 1960
  • Foreign Owned Y N: No
  • Prop Description Remarks: “Escondite de Pino” This is the ultimate Colorado Rocky Mountain retreat! Rustic cabin feel and privacy without sacrificing comfort and convenience. Only 3 minutes from Vallecito Lake, known for world-class fishing and water sports. This home is situated on 4 acres of lush forest. Cabin is accented with a stacked stone fireplace and 2 covered decks and boasts tongue-and-groove walls/ceilings and wood beams throughout. The stained glass front door leads to the living room. The kitchen features dual ovens, an electric cooktop, a dishwasher, and a pantry. The entry from the second deck leads to the den/game room. This massive room features a custom wood-burning stove. Home features 3 bedrooms and 2.5 bathrooms. All bedrooms have dual custom-built wooden closets with built-in storage. The laundry area features an additional pantry. This cabin has a water softener, electric baseboard heaters, and a newer water heater. Garage #1 is a one-car finished garage with a large workshop and an easily accessible attic. Garage #2 is a 3-car shop with a loft and a root cellar. Attached to the garages are covered wood and tractor storage areas. Covered RV parking with electric hookups. The property features an updated well, a water feature, plugs for Christmas lighting, a shed, an outhouse, a fenced front yard, and much more! Possible 2nd building site. Kubota could be included in the sale. Most furnishings are negotiable.
  • Subdv Name: Vallecito Val
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Yes
  • Bedrooms: 3
  • Estimated Total Sq Ft: 2386
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Family Room: Yes
  • Total Office Den: 0

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Carport: Yes
  • Carport Spaces: 1
  • Garage Capacity: 4

Utilities

  • Electric Supplier: La Plata Electric Association
  • Sewer Supplier: Septic
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 44596?

Schools

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

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Partially Furnished

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
Jan 9, 2023
Closed on
May 31, 2023
Sold by
Nolen Teresa D
Bought by
Heinert Thomas James
Seller's Agent
Allen Elmore
eXp Realty, LLC
Buyer's Agent
Allen Elmore
eXp Realty, LLC
List Price
$667,000
Sold Price
$625,000
Premium/Discount to List
-$42,000
-6.3%
Views
191
Current Estimated Value
$670,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,286
Avg. Annual Appreciation
3.35%
Original Mortgage
$520,000
Outstanding Balance
$318,970
Interest Rate
5%
Mortgage Type
Seller Take Back
Estimated Equity
$351,316

Purchase Details

Closed on
Nov 9, 2015
Sold by
Fall Trogdon Ann Catherine
Bought by
Nolen Teresa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,250
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 2011
Sold by
Trogdon Catherine and Trogdon Charles Edward
Bought by
Trogdon Ann Catherine Fall

Purchase Details

Closed on
Aug 2, 1995
Bought by
Nolen Teresa
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Heinert Thomas James $625,000 None Listed On Document
Nolen Teresa D $357,500 Stewart Title
Trogdon Ann Catherine Fall -- None Available
Nolen Teresa $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heinert Thomas James $520,000
Previous Owner Nolen Teresa $296,000
Previous Owner Nolen Teresa D $250,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $625,000 -6.3% $262 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
04/02/2023 04/02/23 For Sale $667,000 0.0% $280 / Sq Ft
03/11/2023 03/11/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $667,000 0.0% $280 / Sq Ft
01/21/2023 01/21/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $667,000 -- $280 / Sq Ft
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
2024 $2,209 $38,950 $7,870 $31,080
2023 $2,209 $42,030 $8,490 $33,540
2022 $1,873 $44,220 $8,930 $35,290
2021 $1,950 $32,330 $6,160 $26,170
2020 $1,713 $29,330 $6,720 $22,610
2019 $1,665 $29,330 $6,720 $22,610
2018 $1,479 $26,560 $6,510 $20,050
2017 $1,485 $26,560 $6,510 $20,050
2016 $1,619 $28,850 $6,240 $22,610
2015 $1,267 $28,850 $6,240 $22,610
2014 $1,267 $28,040 $5,900 $22,140
2013 -- $28,040 $5,900 $22,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 800381

Colorado Real Estate Network (CREN)

APN: R417298