Seller's Agent in 2022
Justin Osborn
The Wells Group of Durango, LLC
(970) 946-3935
381 Total Sales
4568 Middle Mountain Rd Bayfield, CO 81122
Estimated Value: $571,000 - $864,000
4
Beds
2.5
Baths
1,736
Sq Ft
$413/Sq Ft
Est. Value
Highlights
- Home fronts a pond
- Lake View
- Near a National Forest
- RV or Boat Parking
- 10.8 Acre Lot
- Deck
About This Home
As of August 2022Off grid 4 bedroom fully furnished cabin on a 10+ acre inholding surrounded by National Forest. Owner financing terms available with at least 20% down. Located at 9500' elevation amongst the deer, elk, and turkey, this is truly one of the most unique properties you'll find on the market today. It's located less than 5 miles up Middle Mountain Road above Vallecito Lake. Winter access is snowmobile only. Spring fed pond holds water all year and is a huge attractant for the local wildlife. This has been a successful vacation rental during the Summer and Fall, averaging $295 a night and bringing in $25K - $30K a year. Seller is willing to transfer the future bookings to buyer at closing. Taxes are $1,139.16 a year. Exceptional recreational opportunities are right out the door including both lake and stream fishing, hiking, backpacking, cross country skiing, and fabulous big game hunting for elk, moose, bighorn sheep, mountain goat, and mule deer. The Weminuche Wilderness, the largest wilderness area in Colorado at 499,771 acres, has multiple trailheads located just down the road.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,139
Year Built
- Built in 1985
Lot Details
- 10.8 Acre Lot
- Home fronts a pond
- Wooded Lot
Property Views
- Lake
- Mountain
Home Design
- Cabin
- Metal Roof
- Stick Built Home
Interior Spaces
- 1,736 Sq Ft Home
- 1.5-Story Property
- Furnished
- Vaulted Ceiling
- Window Treatments
- Living Room with Fireplace
- Crawl Space
- Oven or Range
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
Parking
- 2 Car Attached Garage
- RV or Boat Parking
Outdoor Features
- Deck
- Outdoor Gas Grill
Schools
- Bayfield K-5 Elementary School
- Bayfield 6-8 Middle School
- Bayfield 9-12 High School
Utilities
- Heating System Uses Wood
- Heating System Powered By Leased Propane
- Heating System Uses Propane
- Spring water is a source of water for the property
- Propane Water Heater
- Septic Tank
- Septic System
Community Details
- Near a National Forest
- Property is near a preserve or public land
Listing and Financial Details
- Assessor Parcel Number 537715400016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2022
Closed on
Aug 2, 2022
Sold by
Gregory I Phillips Trust
Bought by
Camacho Carlos
Seller's Agent
Justin Osborn
The Wells Group of Durango, LLC
Buyer's Agent
Antonio Alonzo
Coldwell Banker Distinctive Properties
List Price
$679,900
Sold Price
$660,000
Premium/Discount to List
-$19,900
-2.93%
Total Days on Market
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,128
Avg. Annual Appreciation
2.79%
Original Mortgage
$480,000
Outstanding Balance
$465,181
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$246,790
Purchase Details
Closed on
Mar 7, 2013
Sold by
Phillips Gregory I and Phillips Jan E
Bought by
Gregory I Phillips Trust
Purchase Details
Closed on
Jan 21, 1994
Bought by
Phillips Gregory I Trust & Phillips Ja
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Camacho Carlos | $660,000 | None Listed On Document | |
| Gregory I Phillips Trust | -- | None Available | |
| Phillips Gregory I Trust & Phillips Ja | $157,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Camacho Carlos | $480,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/09/2022 08/09/22 | Sold | $660,000 | -2.9% | $380 / Sq Ft |
| 06/13/2022 06/13/22 | Pending | -- | -- | -- |
| 05/13/2022 05/13/22 | For Sale | $679,900 | -- | $392 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
Tax History Compared to Growth
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 | $1,843 | $32,490 | $14,920 | $17,570 |
| 2023 | $1,843 | $35,510 | $16,310 | $19,200 |
| 2022 | $1,126 | $37,520 | $17,230 | $20,290 |
| 2021 | $1,172 | $19,440 | $4,910 | $14,530 |
| 2020 | $1,033 | $17,690 | $5,350 | $12,340 |
| 2019 | $1,004 | $17,690 | $5,350 | $12,340 |
| 2018 | $909 | $16,320 | $5,180 | $11,140 |
| 2017 | $1,366 | $24,440 | $15,170 | $9,270 |
| 2016 | $1,410 | $25,140 | $14,550 | $10,590 |
| 2015 | -- | $25,140 | $14,550 | $10,590 |
| 2014 | $545 | $34,760 | $20,900 | $13,860 |
| 2013 | -- | $2,540 | $0 | $2,540 |
Source: Public Records
Agents Affiliated with this Home
-
Justin Osborn
-
Buyer's Agent in 2022
Antonio Alonzo
Coldwell Banker Distinctive Properties
(970) 729-0422
Map
Similar Homes in Bayfield, CO
Source: Colorado Real Estate Network (CREN)
MLS Number: 793384
APN: R011447
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