NOT LISTED FOR SALE

500 County Road 501 Bayfield, CO 81122

Bayfield Area

Estimated Value: $328,000

1.8 Acres
$182,222 Price per Acre
78,408 Sq Ft Lot

Sale Details

Date Sold: May 30, 2024

Last sale price $340,000

Est. 4% decrease in value since last sale

Current estimated payment $2,310 / mo

76 Days on Market

About This Lot

As of May 2024

Location, Location, Location. Exceptional acreage In Town Bayfield. 350' of CR frontage with great visibility. Flat buildable Mixed-Use Lot. Perfect for Storage Units, Apartments, Duplex's, Commercial, Restaurant, Business below with Residential above... You name it! The possibilities are endless & subject to town/county approval.

Last Agent to Sell the Property

Julie Itter

Integrity Real Estate & Lending Listed on: 01/15/2024

Last Buyer's Agent

Julie Itter

Integrity Real Estate & Lending Listed on: 01/15/2024

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,260

Lot Details

  • 1.8 Acre Lot
  • Level Lot
  • Cleared Lot

Schools

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

Farming

  • 2 Irrigated Acres

Utilities

  • Irrigation Water Rights
  • Phone Available

Listing and Financial Details

  • Security Deposit $7,500
  • Assessor Parcel Number 567702400082

Property Details

Property Type

Land

Est. Annual Taxes

$4,260

Lot Details

1.8 Acres

Listing Details

  • Class: Land
  • Em Holder: Title
  • Fronts: Paved County Road
  • Legal Lot Block: Section: 2 Township: 34 Range: 7 LOT 2, ELSTON SUBD 984550 (t/b further described by title)
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 567702400082
  • Property Description: Cleared
  • Street Descriptionaccess: County, City/Town, Paved, 150'+ Frontage, Public
  • Domestic Sewer: Sewer Tap Available
  • Domestic Water: Public, Tap Available
  • Type: Commercial
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 1.8
  • Estimated Total Acres: 1.8
  • Current Property Use: Dry Land
  • Em Deposit: 7500
  • Possible Property Use: Commercial
  • Water Rights Irrigation: Yes
  • Irr Water Descamnt: 1.8
  • Mineral Rights: Unknown
  • Topography: Level
  • Price per Sq Ft: 4.46
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 188888.89
  • Water Tap Available: Yes
  • Total Taxes Dollar: 4259.76
  • Prop Description Remarks: Location, Location, Location. Exceptional acreage In Town Bayfield. 350' of CR frontage with great visibility. Flat buildable Mixed-Use Lot. Perfect for Storage Units, Apartments, Duplex's, Commercial, Restaurant, Business below with Residential above... You name it! The possibilities are endless & subject to town/county approval.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Utilities: Electricity, Phone, Natural Gas
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Black Hills Energy
  • Irrigation Water District: ACRES
  • Water Supplier: Town Of Bayfield

Schools

  • High School: Bayfield 9-12

Tax Info

  • Tax Year: 2023

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2021
Sold by
Bought by
Current Estimated Value
$328,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,125
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$317,500 Land Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $854,850
Closed $300,000
Closed $238,125
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/30/2024 05/30/24 Sold $340,000 -2.8% --
03/31/2024 03/31/24 Pending -- -- --
01/15/2024 01/15/24 For Sale $349,900 -- --
Source: Colorado Real Estate Network (CREN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,118 $188,970 $86,050 $102,920
2025 $6,118 $91,680 $91,680
2024 $4,260 $67,980 $67,980
2023 $4,260 $67,980 $67,980 $0
2022 $18 $70,660 $70,660 $0
2021 $20 $300 $300 $0
2020 $18 $280 $280 $0
2019 $22 $280 $280 $0
2018 $22 $360 $360 $0
2017 $22 $360 $360 $0
2016 $14 $230 $230 $0
2015 $14 $230 $230 $0
2014 $14 $270 $270 $0
2013 -- $270 $270 $0
Source: Public Records

Agents Affiliated with this Home

  • Julie Itter Real Estate Agent - Integrity Real Estate & Lending

    Seller's Agent in 2024

    Julie Itter

    Integrity Real Estate & Lending

    (970) 749-5363

    54 Total Sales

    Julie Itter
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 810248

Colorado Real Estate Network (CREN)

APN: R431855

Colorado La Plata County Bayfield 81122

500 County Road 501, Bayfield, CO

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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