NOT LISTED FOR SALE

551 E Valley View Dr Bayfield, CO 81122

Estimated Value: $517,000 - $587,000

3 Beds
2.5 Baths
1,964 Sq Ft
$287/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $535,000 $272 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,097/month

3 Days on Market

Highlights

  • RV or Boat Parking
  • Deck
  • Wooded Lot
  • Mountain View
  • Wood Burning Stove
  • Cathedral Ceiling

About This Home

As of August 2023

Rare Opportunity! With breathtaking views off the deck and main living area, this quintessential mountain retreat will never let you forget that you live in Colorado. Situated on nearly two wooded acres and about 500 feet from 36+ acres of unspoiled BLM with trails, deer and wild turkey abound, this getaway is perfect for year-round living, as a vacation home or VRBO investment property. Vaulted wood ceilings, cathedral windows and a mantled, stone-surround wood burning fireplace. Kitchen and bathrooms were recently updated along with appliances such as the refrigerator, microwave, dishwasher, clothes washer and dryer, and hot water heater. Effective and convenient heating in the winter months with a high-end 50,000 BTU thermostat-controlled, high-capacity pellet stove (installed February 2022) and a cost-effective propane-fired wall furnace (installed October 2022). Other, recent improvements include: new carpet in two bedrooms, vinyl plank flooring in the downstairs great room, driveway full re-grade plus recycled asphalt topping. The lower view deck is 220V, hot tub ready! Forest Lakes Metro District provides central water and road maintenance along with other benefits like fishing and paddle boarding at Lake Simpatico as well as playgrounds and a soccer field to get your game on. The subdivision is surrounded by thousands of acres of public land to explore. Come see how 551 East Valley View really is classic Colorado, and with epic valley views... it truly lives up to it's address!!!

Last Agent to Sell the Property

Thatcher Leavenworth

R1 Colorado Listed on: 07/13/2023

Last Buyer's Agent

Aaron Peterson

The Wells Group of Durango, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,809

Year Built

  • Built in 1977

Lot Details

  • 1.9 Acre Lot
  • Wooded Lot

Property Views

  • Mountain
  • Valley

Home Design

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

Interior Spaces

  • 1,964 Sq Ft Home
  • 3-Story Property
  • Tongue and Groove Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • RV or Boat Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Heating System Uses Propane
  • Heating System Uses Wood
  • Pellet Stove burns compressed wood to generate heat
  • Heating System Powered By Owned Propane
  • Baseboard Heating
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Internet Available

Community Details

  • Forest Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 567501207079

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,809

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave
  • Estimated Total Acres: 1.9
  • Class: RESIDENTIAL
  • Em Deposit: 10000
  • Em Holder: Title Company
  • Exterior Inclusions: Deck, Covered Porch
  • Interior Inclusions: Wood Stove, Pellet Stove, Cathedral Ceiling, Ceiling Fan(s), W/D Hookup, Granite Counters, T&G Ceilings, Heated Garage
  • Legal Lot Block: SECTION: 01 TOWNSHIP: 35 RANGE: 7 LOT 356-R SALEH LOT CONS #780911 1-18-2000 551 E VALLEY VIEW DR BAYFIELD 81122
  • Lot Size Acreage: 1-1.99
  • Parcel Id Number: 567501207079
  • Price Per Sq Ft: 272.4
  • Property Description: Wooded Lot
  • Real Estate Included: Yes
  • Residence Stories: Three Story
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Metal, Wood
  • Sold Price Sq Ft: 272.4
  • Street Designation: Drive
  • Tax Account Id: R421539
  • Type: Stick Built
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 1808.96
  • Year Built: 1977
  • Foreign Owned Y N: No
  • Prop Description Remarks: Rare Opportunity! With breathtaking views off the deck and main living area, this quintessential mountain retreat will never let you forget that you live in Colorado. Situated on nearly two wooded acres and about 500 feet from 36+ acres of unspoiled BLM with trails, deer and wild turkey abound, this getaway is perfect for year-round living, as a vacation home or VRBO investment property. Vaulted wood ceilings, cathedral windows and a mantled, stone-surround wood burning fireplace. Kitchen and bathrooms were recently updated along with appliances such as the refrigerator, microwave, dishwasher, clothes washer and dryer, and hot water heater. Effective and convenient heating in the winter months with a high-end 50,000 BTU thermostat-controlled, high-capacity pellet stove (installed February 2022) and a cost-effective propane-fired wall furnace (installed October 2022). Other, recent improvements include: new carpet in two bedrooms, vinyl plank flooring in the downstairs great room, driveway full re-grade plus recycled asphalt topping. The lower view deck is 220V, hot tub ready! Forest Lakes Metro District provides central water and road maintenance along with other benefits like fishing and paddle boarding at Lake Simpatico as well as playgrounds and a soccer field to get your game on. The subdivision is surrounded by thousands of acres of public land to explore. Come see how 551 East Valley View really is classic Colorado, and with epic valley views... it truly lives up to it's address!!!
  • Subdv Name: Forest Lakes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 20

Interior Features

  • Bedrooms: 3
  • Estimated Total Sq Ft: 1964
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 3
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Metal
  • Views: Mountains, Valley

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 1

Utilities

  • Utilities: Electric, Propane-Tank Owned, Internet, Internet - DSL
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: AmeriGas
  • Heating System: Electric Baseboard, Wood Stove, Pellet Stove
  • Sewer Supplier: Septic
  • Water Supplier: Forest Lakes Metro District

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

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
May 17, 2021
Sold by
Piel Katherine J and Piel Andrew M
Bought by
Dutton Robert and Dutton Catherine
Seller's Agent
Judi Mora
RE/MAX Pinnacle
Buyer's Agent
Thatcher Leavenworth
R1 Colorado
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$563,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,253
Avg. Annual Appreciation
6.18%
Original Mortgage
$403,750
Outstanding Balance
$365,119
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$198,134

Purchase Details

Closed on
Sep 30, 2014
Sold by
Oliver Steve and Oliver Cathy
Bought by
Piel Katherine J and Piel Andrew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,282
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2000
Bought by
Piel Katherine J and Piel Andrew M
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
Dutton Robert $425,000 Land Title Guarantee Co
Piel Katherine J $274,250 Stewart Title
Piel Katherine J $124,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dutton Robert $403,750
Previous Owner Piel Katherine J $269,282
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2023 08/04/23 Sold $535,000 -5.3% $272 / Sq Ft
07/16/2023 07/16/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $565,000 +32.9% $288 / Sq Ft
05/17/2021 05/17/21 Sold $425,000 0.0% $216 / Sq Ft View Prior Sale
04/12/2021 04/12/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $425,000 -- $216 / 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 $2,060 $25,650 $3,460 $22,190
2024 $1,815 $19,680 $2,310 $17,370
2023 $1,815 $22,580 $2,650 $19,930
2022 $1,809 $24,240 $2,850 $21,390
2021 $1,909 $19,920 $2,580 $17,340
2020 $1,759 $18,720 $2,800 $15,920
2019 $1,728 $18,720 $2,800 $15,920
2018 $1,588 $17,410 $2,820 $14,590
2016 $1,529 $16,690 $2,680 $14,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 805832

Colorado Real Estate Network (CREN)

APN: R421539