NOT LISTED FOR SALE

480 Vision Way Bayfield, CO 81122

Estimated Value: $623,000 - $779,449

3 Beds
2 Baths
1,496 Sq Ft
$470/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $782,560 $523 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,840/month

68 Days on Market

Highlights

  • Horses Allowed On Property
  • 35.49 Acre Lot
  • Wood Burning Stove
  • RV or Boat Parking
  • Mountain View
  • Living Room with Fireplace

About This Home

As of December 2023

Investors, don’t miss this incredible opportunity! Spectacular views of the La Plata and San Juan mountain ranges greet you at this private 35 acre property with a comfortable single level home AND private Yurt + bathhouse. This has been a very successful airbnb and operates at a 10% cap rate on average. Sellers had plans to grow/expand. Enjoy this peaceful setting not far from a paved county road for easy access. The cedar home is situated to take in the views as well as plenty of light throughout. Features of the home include large covered back deck, open floor-plan with vaulted wooden ceiling in great room, three bedrooms plus loft, two full baths, efficient Heartstone wood-stove with stone hearth, light and bright kitchen with breakfast nook, full laundry room with sink, and hot water baseboard heating system. Additional outbuildings include a shed and a roomy and tall metal RV storage building. The Yurt + bathhouse has its own entrance, and is made to operate off grid with solar and self composting toilet. Glamping at its finest. The owners planned on adding more camp sites and developing their dream home here. This property has so many different options! Live in one and rent out the other or rent them both out or enjoy it for yourselves and family. There is plenty of room to enjoy the peace and serenity of this beautiful property! 25 minutes to downtown Durango. 15 minutes to downtown Bayfield.

Last Agent to Sell the Property

Chessie Hollibaugh

eXp Realty, LLC Listed on: 09/08/2023

eXp Realty, LLC

Last Buyer's Agent

Lonny Low

EXIT Realty Home & Ranch

EXIT Realty Home & Ranch

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 35.49 Acre Lot
  • Wooded Lot

Home Design

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

Interior Spaces

  • 1,496 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Family Room
  • Living Room with Fireplace
  • Mountain Views
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • RV or Boat Parking

Schools

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

Farming

  • Cattle
  • Hogs
  • Sheep or Goats

Utilities

  • Radiant Ceiling
  • Hot Water Baseboard Heater
  • Boiler Heating System
  • Heating System Uses Wood
  • Heating System Powered By Leased Propane
  • Cistern
  • Gas Water Heater
  • Septic Tank
  • Septic System
  • Internet Available

Additional Features

  • Shed
  • Accessory Dwelling Unit (ADU)
  • Horses Allowed On Property

Community Details

  • Dream Catcher Subdivision

Listing and Financial Details

  • Assessor Parcel Number 567312200208

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Additional Living Quarters: Yes
  • Appliance Inclusions: Range Top, Refrigerator, Washer, Dishwasher, Dryer, Microwave
  • Estimated Total Acres: 35.492
  • Class: RESIDENTIAL
  • Em Deposit: 15,000
  • Em Holder: Title Company
  • Exterior Inclusions: RV Hook Up/Pad
  • Legal Lot Block: Tract: 5 Section: 11 Township: 34 Range: 8 DREAMCATCHER RANCH BEG AT PT WHENCE NW COR SEC 12 ETC Section: 12 Township: 34 Range: 8 480 VISION WAY BAYFIELD 81122
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep, Swine
  • Lot Size Acreage: 20-35
  • Parcel Id Number: 567312200208
  • Price Per Sq Ft: 523.1
  • Property Description: Wooded Lot
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Residence Style: Cabin
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 523.1
  • Street Descriptionaccess: Dirt
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: AlignTec
  • Internet Service: Yes
  • Total Taxes Dollar: $1,750.84
  • Year Built: 1999
  • Foreign Owned Y N: No
  • Prop Description Remarks: Investors, don’t miss this incredible opportunity! Spectacular views of the La Plata and San Juan mountain ranges greet you at this private 35 acre property with a comfortable single level home AND private Yurt + bathhouse. This has been a very successful airbnb and operates at a 10% cap rate on average. Sellers had plans to grow/expand. Enjoy this peaceful setting not far from a paved county road for easy access. The cedar home is situated to take in the views as well as plenty of light throughout. Features of the home include large covered back deck, open floor-plan with vaulted wooden ceiling in great room, three bedrooms plus loft, two full baths, efficient Heartstone wood-stove with stone hearth, light and bright kitchen with breakfast nook, full laundry room with sink, and hot water baseboard heating system. Additional outbuildings include a shed and a roomy and tall metal RV storage building. The Yurt + bathhouse has its own entrance, and is made to operate off grid with solar and self composting toilet. Glamping at its finest. The owners planned on adding more camp sites and developing their dream home here. This property has so many different options! Live in one and rent out the other or rent them both out or enjoy it for yourselves and family. There is plenty of room to enjoy the peace and serenity of this beautiful property! 25 minutes to downtown Durango. 15 minutes to downtown Bayfield.
  • Subdv Name: Dream Catcher
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Breakfast Nook
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Laminate
  • Estimated Total Sq Ft: 1496
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Family Room: Yes
  • Fireplace Location Type: Living Room
  • Foundation: Crawl Space
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood
  • Exterior Structures: Shed, RV/Boat Shelter, Metal Building
  • Roof: Metal
  • Views: Mountains

Garage/Parking

  • Carport: Yes
  • Carport Spaces: 2

Utilities

  • Utilities: Propane-Tank Leased
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Boiler, Hot Water Baseboard, Wood Stove, Ceiling Radiant
  • Sewer Supplier: Septic
  • Water Heater: Gas Water Heater
  • Water Supplier: Cistern

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
Sep 8, 2023
Closed on
Dec 6, 2023
Sold by
Sullivan Ryan Daniel and Sullivan Catherine Mary
Bought by
Danna Anthony P and Danna Kelli L
Seller's Agent
Chessie Hollibaugh
eXp Realty, LLC
Buyer's Agent
Lonny Low
EXIT Realty Home & Ranch
List Price
$799,000
Sold Price
$782,560
Premium/Discount to List
-$16,440
-2.06%
Views
339
Current Estimated Value
$703,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$78,698
Avg. Annual Appreciation
-4.90%
Original Mortgage
$182,560
Outstanding Balance
$179,083
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$524,779

Purchase Details

Closed on
Mar 9, 2018
Sold by
Newman Louise S
Bought by
Sullivan Ryan Daniel and Sullivan Catherine Mary

Purchase Details

Closed on
Jul 17, 1998
Bought by
Newman James W and Newman Louise S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Danna Anthony P $782,600 Colorado Title & Closing Servi
Sullivan Ryan Daniel $360,000 Land Title Guarantee
Newman James W $59,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Danna Anthony P $182,560
Closed Sullivan Ryan Daniel $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Sold $782,560 -2.1% $523 / Sq Ft
11/15/2023 11/15/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $799,000 -- $534 / 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 $2,353 $48,610 $16,980 $31,630
2024 $1,729 $34,820 $13,280 $21,540
2023 $1,729 $30,990 $12,980 $18,010
2022 $1,683 $32,880 $13,770 $19,110
2021 $1,751 $26,810 $9,950 $16,860
2020 $1,647 $25,970 $9,760 $16,210
2019 $1,604 $25,970 $9,760 $16,210
2018 $1,478 $24,350 $9,640 $14,710
2017 $1,161 $26,270 $9,640 $16,630
2016 $831 $21,560 $7,710 $13,850
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 807758

Colorado Real Estate Network (CREN)

APN: R420500