NOT LISTED FOR SALE

48 Pine Tree Dr Bayfield, CO 81122

Estimated Value: $443,529 - $542,000

3 Beds
2 Baths
1,972 Sq Ft
$250/Sq Ft Est. Value

Last Sold October 08, 2024

Last sale price $540,000 $274 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,799/month

45 Days on Market

Highlights

  • Lake View
  • Living Room with Fireplace
  • 2 Car Attached Garage
  • Clubhouse
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of October 2024

48 Pine Tree Dr. is a well loved and cared for home just about 3 minutes or so into the Forest Lakes neighborhood, just above Lake Simpatico. This 3 bed, 2 bath home will offer its occupants a cozy and connected place to call home in a mature and well established Bayfield neighborhood. This home is turn-key and ready for its new owner, who will enjoy the well appointed kitchen and the open floor concept connecting the living/dining room and kitchen. Step outside from the kitchen and enjoy the multi-level deck and outdoor living space, from which many-a-meal is sure to be enjoyed. The large primary suite is appointed with a walk-in closet, double sink vanity, and walk-in shower. Bedrooms 2 and 3 are generous in size and should offer a wonderful place for the growing kids or your weekend guests. Last but not least, the seller just had a new roof installed in April of '24, and new carpet in the bedrooms. Forest Lakes is a quick ten minute drive into Bayfield, and twenty minutes to Durango. Community amenities include playgrounds, community center, a private lake (Lake Simpatico), and green belts / hiking trails, for outdoor recreation right out your front door. Call broker with any further questions.

Last Agent to Sell the Property

Philip Schoon

Keller Williams Realty Southwest Associates, LLC Listed on: 06/30/2024

Keller Williams Realty Southwest Associates, LLC

Last Buyer's Agent

Shelby Fox

RE/MAX Pinnacle

RE/MAX Pinnacle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,703

Year Built

  • Built in 2006

Lot Details

  • 0.49

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,972 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Propane Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Shed
  • 0.49 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 567501414014

Community Details

Overview

  • Association fees include water, fishing rights, road maintenance
  • Forest Lakes Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,703

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Appliance Inclusions: Refrigerator, Washer, Dishwasher, Disposal, Dryer, Microwave, Range/Oven
  • Estimated Total Acres: 0.49
  • Class: RESIDENTIAL
  • Common Facilities: Club House, Park, Playground
  • Em Deposit: 7,500
  • Em Holder: Title Company
  • Legal Lot Block: Subdivision: FOREST LAKES S/D #4 Block: 0 Lot: 375 FOREST LAKES UNIT 4 48 PINE TREE DR BAYFIELD 81122
  • Lot Size Acreage: .25-.5
  • Parcel Id Number: 567501414014
  • Price Per Sq Ft: 273.83
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 273.83
  • Street Descriptionaccess: Gravel
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 2,702.52
  • Year Built: 2006
  • Foreign Owned Y N: No
  • Prop Description Remarks: 48 Pine Tree Dr. is a well loved and cared for home just about 3 minutes or so into the Forest Lakes neighborhood, just above Lake Simpatico. This 3 bed, 2 bath home will offer its occupants a cozy and connected place to call home in a mature and well established Bayfield neighborhood. This home is turn-key and ready for its new owner, who will enjoy the well appointed kitchen and the open floor concept connecting the living/dining room and kitchen. Step outside from the kitchen and enjoy the multi-level deck and outdoor living space, from which many-a-meal is sure to be enjoyed. The large primary suite is appointed with a walk-in closet, double sink vanity, and walk-in shower. Bedrooms 2 and 3 are generous in size and should offer a wonderful place for the growing kids or your weekend guests. Last but not least, the seller just had a new roof installed in April of '24, and new carpet in the bedrooms. Forest Lakes is a quick ten minute drive into Bayfield, and twenty minutes to Durango. Community amenities include playgrounds, community center, a private lake (Lake Simpatico), and green belts / hiking trails, for outdoor recreation right out your front door. Call broker with any further questions.
  • Subdv Name: Forest Lakes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Eat-in Kitchen, Island, Separate Dining
  • Bedrooms: 3
  • Flooring: Carpet-Partial
  • Estimated Total Sq Ft: 1972
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Fireplace Location Type: Living Room
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Exterior Structures: Shed
  • Roof: Metal
  • Views: Lake/Pond/Reservoir, Mountains

Garage/Parking

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

Utilities

  • Utilities: Electric, Phone - Landline, Propane-Tank Leased, Cable TV, Internet, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Forced Air
  • Sewer Supplier: Forest Lakes Metro District
  • Water Heater: Propane Water Heater
  • Water Supplier: Forest Lakes Metro District

Condo/Co-op/Association

  • Hoa Inclusions: Water, Fishing Rights, Road Maintenance

Schools

  • High School: Bayfield 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2024
Closed on
Oct 8, 2024
Sold by
Geisinger Susan N and Geisinger Robert Gregory
Bought by
Mckeever Bryan
Seller's Agent
Philip Schoon
Keller Williams Realty Southwest Associates, LLC
Buyer's Agent
Shelby Fox
RE/MAX Pinnacle
List Price
$559,000
Sold Price
$540,000
Premium/Discount to List
-$19,000
-3.4%
Views
20
Current Estimated Value
$492,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,368
Avg. Annual Appreciation
-7.03%

Purchase Details

Closed on
Oct 12, 2010
Sold by
Jpmorgan Chase Bank National Association
Bought by
Geisinger Robert Gregory and Geisinger Susan N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,650
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2010
Sold by
Woods Shaun K
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Dec 28, 2006
Sold by
Woods Reson Lee
Bought by
Woods Shaun K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
8.87%
Mortgage Type
Assumption

Purchase Details

Closed on
May 26, 2006
Sold by
Gaul Martha A
Bought by
Bar Ls Properties Inc

Purchase Details

Closed on
Sep 29, 1998
Bought by
Geisinger Robert Gregory and Geisinger Susan N
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
Mckeever Bryan $540,000 Land Title
Mckeever Bryan $270,000 Land Title
Geisinger Robert Gregory $208,500 Servicelink
Jpmorgan Chase Bank National Association -- None Available
Woods Shaun K -- Colorado Land Title Co
Bar Ls Properties Inc $59,000 Land Title
Geisinger Robert Gregory $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Geisinger Robert Gregory $187,650
Previous Owner Woods Shaun K $295,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2024 10/08/24 Sold $540,000 -1.6% $274 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
08/09/2024 08/09/24 Price Changed $549,000 -1.8% $278 / Sq Ft
06/30/2024 06/30/24 For Sale $559,000 -- $283 / 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 $2,681 $29,160 $1,870 $27,290
2024 $2,362 $25,610 $1,540 $24,070
2023 $2,362 $29,300 $1,770 $27,530
2022 $2,162 $30,390 $1,830 $28,560
2021 $2,240 $23,380 $1,710 $21,670
2020 $2,054 $21,860 $1,540 $20,320
2019 $2,017 $21,860 $1,540 $20,320
2018 $1,879 $20,600 $1,730 $18,870
2016 $1,879 $20,510 $1,640 $18,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 815430

Colorado Real Estate Network (CREN)

APN: R003014