NOT LISTED FOR SALE

174 Trust Dr Bayfield, CO 81122

Estimated Value: $143,000

2 Beds
1 Bath
776 Sq Ft
$184/Sq Ft Est. Value

Last Sold October 20, 2022

Last sale price $320,000 $412 Per Sq Ft

Current estimated payment $829/month

18 Days on Market

Highlights

  • Home fronts a creek
  • Wooded Lot
  • 1-Story Property

About This Home

As of October 2022

Rare opportunity at Vallecito Lake! This 2 bedroom, 1 bath is nestled in the pines and has two parcels of land totaling 2.12 acres. The acreage is bordered by D Creek and Grimes Creek. The bathroom has been remodeled and fresh primer and paint throughout. There are many possibilities with this home. Located within minutes of Vallecito Lake, where you can spend the day boating and fishing. Close to the Vallecito Creek trail where you can enjoy a great day’s hike or take a nice ride up Middle Mountain. Recreation possibilities are endless. This home was designed as a summer cabin and has no central heat but does have a nice fireplace with a blower. Call today for your private showing.

Last Agent to Sell the Property

Julie Coffelt

Coldwell Banker Mountain Properties Listed on: 08/19/2022

Coldwell Banker Mountain Properties

Last Buyer's Agent

Fred Hewett

Bayfield Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,612

Year Built

  • Built in 1972

Lot Details

  • 2.12 Acre Lot
  • Home fronts a creek
  • Wooded Lot

Home Design

  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 776 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Blower Fan
  • Living Room with Fireplace
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Heating System Uses Wood
  • Septic Tank
  • Septic System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 537720405013

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,612

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator
  • Estimated Total Acres: 2.12
  • Class: RESIDENTIAL
  • Em Deposit: 7,500.00
  • Em Holder: Title Company
  • Legal Lot Block: Subdivision: HAPPY SCENES S/D #7 Block: 0 Lot: 186 AND Lot: 187 HAPPY SCENES SUB #7 174 TRUST DR BAYFIELD 81122 and HAPPY SCENES S/D #7 Block: 0 Lot: 185 HAPPY SCENES SUB #7 174 TRUST DR BAYFIELD 81122. Parcel # 5377-204-05-013 and Parcel # 5377-204-05
  • List Price per Sq Ft: 451.03
  • Lot Size Acreage: 2-4.99
  • Parcel Id Number: 537720405013
  • Price Per Sq Ft: 412.37
  • Property Description: Wooded Lot
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 412.37
  • Street Descriptionaccess: Gravel
  • Street Designation: Drive
  • Waterfront Type: Creek
  • Type: Stick Built
  • Internet Service Avail: Yes
  • Total Taxes Dollar: 2,611.80
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Bedrooms: 2
  • Estimated Total Sq Ft: 776
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Fireplace Location Type: Fireplace Blowers, Living Room
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Metal
  • Waterfront: Yes

Utilities

  • Utilities: Electric
  • Electric Supplier: La Plata Electric Association
  • Heating System: Fireplace, No Heat
  • Sewer Supplier: Septic
  • Water Supplier: Happy Scenes Water System

Schools

  • High School: Bayfield 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Oct 18, 2022
Sold by
Cummins Craig J
Bought by
Pascoe Kenneth
Seller's Agent
Julie Coffelt
Coldwell Banker Mountain Properties
Buyer's Agent
Fred Hewett
Bayfield Realty
List Price
$350,000
Sold Price
$320,000
Premium/Discount to List
-$30,000
-8.57%
Current Estimated Value
$143,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$177,000
Avg. Annual Appreciation
-22.19%
Original Mortgage
$240,000
Outstanding Balance
$231,959
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
-$88,959
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
Pascoe Kenneth $320,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pascoe Kenneth $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2022 10/20/22 Sold $320,000 -8.6% $412 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $350,000 -- $451 / 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 $1,067 $19,830 $19,830 --
2024 $967 $17,050 $17,050 --
2023 $967 $17,050 $17,050 $0
2022 $1,468 $17,720 $17,720 $0
2021 $366 $6,070 $6,070 $0
2020 $348 $5,960 $5,960 $0
2019 $1,371 $24,160 $24,160 $0
2018 $1,120 $20,110 $20,110 $0
2017 $1,124 $20,110 $20,110 $0
2016 $980 $17,460 $17,460 $0
2015 $725 $17,460 $17,460 $0
2014 $725 $16,050 $16,050 $0
2013 -- $16,050 $16,050 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 797464

Colorado Real Estate Network (CREN)

APN: R003708