NOT LISTED FOR SALE

266 Elk Dr Bayfield, CO 81122

Estimated Value: $40,521 - $54,000

1 Acre
$46,174 Price per Acre
43,560 Sq Ft Lot

Last Sold May 19, 2023

Last sale price $37,000

Est. 25% increase in value since last sale

Current estimated payment $310/month

7 Days on Market

Highlights

  • Fishing Allowed
  • Mountain View
  • Wooded Lot

About This Lot

As of May 2023

Beautiful 1 acre lot with towering ponderosa pines and easy access into hundreds of acres of BLM for excellent hiking, biking and hunting. There is also a private lake in the subdivision with fantastic fishing and great for paddleboarding and kayaking. There is central water through the Forest Lakes Metro District. Forest Lakes Metro District maintains the roads and plows in the winter for good year round access. This lot has a gentle slope and there is a perfect building spot with great views. Modular homes are allowed. There is no HOA. The Forest Lakes Metro District monthly fee is $38.25 and that covers road maintenance, snow plowing, trash, maintenance of the common areas, etc. Forest Lakes is a beautiful mountain community with easy access to Vallecito Lake, Durango and Bayfield. There is a credit of $125.00 towards a water tap that will transfer to the buyer.

Last Agent to Sell the Property

Mary Rigby

RE/MAX Pinnacle Listed on: 03/13/2023

Co-Listed By

Katri Annast

RE/MAX Pinnacle

Last Buyer's Agent

Mary Rigby

RE/MAX Pinnacle Listed on: 03/13/2023

Property Details

Property Type

  • Land

Lot Details

  • 1 Acre Lot
  • Wooded Lot

Property Views

  • Mountain Views

Schools

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

Utilities

  • Septic System
  • Internet Available

Listing and Financial Details

  • Security Deposit $1,000
  • Assessor Parcel Number 567502209029

Community Details

Overview

  • Forest Lakes Subdivision

Recreation

  • Fishing Allowed

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Colorado Title & Closing
  • Legal Lot Block: Forest Lakes S/D Block 0 Lot 278
  • Lot Dimension: 1 acre
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 567502209029
  • Property Description: Wooded Lot, Fishing Rights
  • Street Descriptionaccess: Private, Gravel, Dirt, Private Winter Maintenanc
  • Street Designation: Drive
  • Tax Account Id: R001106
  • Zoning: Residential Single Family
  • Domestic Sewer: Septic
  • Domestic Water: Public, 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, Mountain Recreation, Fishing Rights
  • Em Deposit: 1000
  • Possible Property Use: Residential Single Family, Mountain Recreation, Recreation, Fishing Rights
  • Modularmobile Allow: Modular Only
  • Price per Sq Ft: 0.95
  • Sold Priceacre: 37000
  • Water Tap Available: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 659
  • Prop Description Remarks: Beautiful 1 acre lot with towering ponderosa pines and easy access into hundreds of acres of BLM for excellent hiking, biking and hunting. There is also a private lake in the subdivision with fantastic fishing and great for paddleboarding and kayaking. There is central water through the Forest Lakes Metro District. Forest Lakes Metro District maintains the roads and plows in the winter for good year round access. This lot has a gentle slope and there is a perfect building spot with great views. Modular homes are allowed. There is no HOA. The Forest Lakes Metro District monthly fee is $38.25 and that covers road maintenance, snow plowing, trash, maintenance of the common areas, etc. Forest Lakes is a beautiful mountain community with easy access to Vallecito Lake, Durango and Bayfield. There is a credit of $125.00 towards a water tap that will transfer to the buyer.
  • Subdv Name: Forest Lakes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains

Utilities

  • Utilities: Natural Gas, Internet, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Black Hills Energy
  • Water Supplier: Forest Lakes Metro District

Schools

  • High School: Bayfield 9-12

Lot Info

  • Geo Subdivision: CO

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
Mar 13, 2023
Closed on
May 15, 2023
Sold by
Raife David Alan
Bought by
Cook Terry Lee and Cook Amanda
Seller's Agent
Mary Rigby
RE/MAX Pinnacle
Buyer's Agent
Mary Rigby
RE/MAX Pinnacle
List Price
$41,500
Sold Price
$37,000
Premium/Discount to List
-$4,500
-10.84%
Views
8
Current Estimated Value
$46,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,174
Avg. Annual Appreciation
8.75%

Purchase Details

Closed on
Sep 24, 1993
Bought by
Raife David Alan
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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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
Cook Terry Lee $74,000 None Listed On Document
Raife David Alan $8,400 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2023 05/19/23 Sold $37,000 -10.8% --
03/20/2023 03/20/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $41,500 -- --
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 $826 $10,300 $10,300 --
2024 $728 $7,890 $7,890 --
2023 $728 $7,890 $7,890 $0
2022 $659 $8,200 $8,200 $0
2021 $664 $6,930 $6,930 $0
2020 $624 $6,640 $6,640 $0
2019 $613 $6,640 $6,640 $0
2018 $658 $7,210 $7,210 $0
2017 $659 $7,210 $7,210 $0
2016 $570 $6,220 $6,220 $0
2015 $499 $6,220 $6,220 $0
2014 -- $7,350 $7,350 $0
2013 -- $7,350 $7,350 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 801575

Colorado Real Estate Network (CREN)

APN: R001106