NOT LISTED FOR SALE

1695 County Road 500 Bayfield, CO 81122

Estimated Value: $600,000 - $668,716

4 Beds
3 Baths
3,243 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $570,000 $176 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,686/month

2 Days on Market

Highlights

  • Horses Allowed On Property
  • Creek or Stream View
  • Living Room with Fireplace
  • RV or Boat Parking
  • Wood Burning Stove
  • Wood Flooring

About This Home

As of November 2022

Get the most for your money! This spacious Vallecito cabin is located just minutes from the lake and the 19.5-mile long hiking Vallecito Creek hiking trailhead. 2.62 acres + 3243 sq. ft of living space + a 1200 sq. ft. shop. It has charming historic details and some modern updates including custom built-ins, a feature wall, new water heater, new roof, new pellet stove and updated 220 v panel in the attached garage and a panel in the backyard which can service a hot tub. 4 bedrooms- one located on the main level which has a massive closet that could serve as a 5th bedroom or office. The functionality of this home could fit for a primary residence, second home or a summer & hunting vacation rental. The layout offers the ability to separate the home to provide in-law quarters with shared access to the kitchen. Enter the home to a cozy living area with a wood burning fireplace, original wood floors and a picture window to watch the snowfall in winter. Flow right into the kitchen and dining area that has ample storage and mudroom built-ins to drop your coats and boots when you enter through the sliding door from the porch. In the second living area you will find a pellet stove, updated wood look laminate floors and the staircase which leads to 3 large bedrooms and an additional bathroom. Don’t skip the huge utility room which houses the washer/dryer and has endless pantry storage and space for your crafts and office work. Attached two car garage, large bonus workshop, serene pond and additional land make this property a great bang for your buck! A peaceful setting that is perfectly situated for the adventurer or the homebody. Watch the wildlife from your front porch, stargaze in the backyard, paddle board, kayak, snowshoe, hike, fish or take a drive sightseeing. This home is the true spirit of Colorado Living. No restrictions on placing tiny homes/RV’s etc on land. NO HOA. This home is located approximately 30 minutes from Bayfield and Durango. Hot Tub not included and will be removed before closing. Septic has been inspected. March 2022. .68 acre feet- PRID

Last Agent to Sell the Property

Danielle McCulloch

Coldwell Banker Mountain Properties Listed on: 09/30/2022

Coldwell Banker Mountain Properties

Last Buyer's Agent

Daryn Butler

Wolf Creek Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,711

Year Built

  • Built in 1966 | Remodeled in 1988

Lot Details

  • 2.62

Home Design

  • Cabin
  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 3,243 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Den with Fireplace
  • Creek or Stream Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • RV or Boat Parking

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Schools

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

Utilities

  • Forced Air Heating System
  • Pellet Stove burns compressed wood to generate heat
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Irrigation Water Rights
  • Propane Water Heater
  • Septic Tank
  • Septic System
  • Internet Available

Additional Features

  • 2.62 Acre Lot
  • 1 Irrigated Acre
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 537720100005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,711

Year Built

Built in 1966 | Remodeled in 1988

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Microwave
  • Estimated Irrigation Acres: 0.68
  • Estimated Total Acres: 2.62
  • Class: RESIDENTIAL
  • Em Deposit: 7500
  • Em Holder: Colorado Title
  • Exterior Inclusions: Shed/Storage
  • Interior Inclusions: Wood Stove, Pellet Stove, Ceiling Fan(s), Walk In Closet
  • Legal Lot Block: Tract: 40 Section: 20 Township: 37 Range: 6 1695 CR 500 BAYFIELD 81122
  • List Price per Sq Ft: 172.68
  • Livestock Allowed: Horses
  • Lot Size Acreage: 2-4.99
  • Parcel Id Number: 537720100005
  • Price Per Sq Ft: 175.76
  • Real Estate Included: Yes
  • Realist Id: 5377-201-00-005
  • Residence Stories: Two Story
  • Residence Style: Cabin
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 175.76
  • Street Descriptionaccess: Paved, Public Winter Maintenance
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 1711.44
  • Year Built: 1966
  • Year Renovated: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Kitchen/Dining
  • Bedrooms: 4
  • Flooring: Carpet-Partial, Hardwood, Laminate
  • Estimated Total Sq Ft: 3243
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 3
  • Fireplace Location Type: Living Room, Den/Family Room
  • Foundation: Crawl Space
  • Main Level Sq Ft: 3243
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood Frame
  • Exterior Structures: Shed, Workshop
  • Roof: Metal
  • Views: Stream/River

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Propane-Tank Leased, Internet
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Forced Air, Pellet Stove
  • Irrigation Water Description Amount: .68 acre ft.
  • Irrigation Water District: PRID
  • Sewer Supplier: Septic
  • Water Heater: Propane Water Heater
  • Water Rights Irrigation: Yes
  • Water Supplier: Happy Scenes Water System

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: Unfurnished

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
Sep 30, 2022
Closed on
Nov 10, 2022
Sold by
Thurston Brandon M
Bought by
Bentley Steven Paul
Seller's Agent
Danielle McCulloch
Coldwell Banker Mountain Properties
Buyer's Agent
Daryn Butler
Wolf Creek Realty
List Price
$560,000
Sold Price
$570,000
Premium/Discount to List
$10,000
1.79%
Views
3
Current Estimated Value
$644,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,179
Avg. Annual Appreciation
4.27%
Original Mortgage
$399,000
Outstanding Balance
$387,360
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$252,322

Purchase Details

Listed on
Sep 30, 2022
Closed on
Oct 4, 2022
Sold by
Thurston Brandon M
Bought by
Thurston Brandon M and Bronson Hollye
Seller's Agent
Danielle McCulloch
Coldwell Banker Mountain Properties
Buyer's Agent
Daryn Butler
Wolf Creek Realty
List Price
$560,000
Sold Price
$570,000
Premium/Discount to List
$10,000
1.79%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Outstanding Balance
$387,360
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$252,322

Purchase Details

Closed on
Aug 24, 2022
Sold by
Brardon Thurston
Bought by
Thurston Branchun and Hollye Basvson

Purchase Details

Closed on
Sep 6, 2018
Sold by
Gray Paul C and Gray Shrley K
Bought by
Thurston Brandon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,388
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gray Paul C and Gray Shirley K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,550
Interest Rate
4.17%
Mortgage Type
VA

Purchase Details

Closed on
Sep 16, 2010
Sold by
Graham Karla Marlene
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jan 16, 1998
Source: Public Records

Range of Values:

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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
Bentley Steven Paul $570,000 --
Thurston Brandon M -- --
Thurston Branchun $230,000 None Listed On Document
Thurston Brandon M $365,000 Colorado Title & Closing Ser
Gray Paul C $203,200 None Available
Federal Home Loan Mortgage Corp -- None Available
-- $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bentley Steven Paul $399,000
Previous Owner Thurston Brandon M $358,388
Previous Owner Gray Paul C $207,550
Previous Owner Graham Karla Marlene $365,000
Previous Owner Graham Karla Marlene $335,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $570,000 +1.8% $176 / Sq Ft
10/02/2022 10/02/22 Pending -- -- --
09/30/2022 09/30/22 For Sale $560,000 -- $173 / 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
2025 $2,129 $37,090 $14,540 $22,550
2024 $1,929 $34,020 $11,690 $22,330
2023 $1,929 $37,100 $12,730 $24,370
2022 $1,644 $39,160 $13,440 $25,720
2021 $1,711 $28,380 $9,270 $19,110
2020 $1,556 $26,640 $10,100 $16,540
2019 $1,553 $27,360 $10,700 $16,660
2018 $1,509 $27,100 $11,520 $15,580
2017 $1,608 $28,760 $12,330 $16,430
2016 $1,700 $30,300 $11,820 $18,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 798614

Colorado Real Estate Network (CREN)

APN: R003481