NOT LISTED FOR SALE

553 Pine Valley Rd Bayfield, CO 81122

Estimated Value: $512,000 - $643,000

2 Beds
2.5 Baths
1,724 Sq Ft
$341/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $585,000 $339 Per Sq Ft

Current estimated payment $3,362/month

Highlights

  • RV or Boat Parking
  • Wooded Lot
  • Wood Flooring
  • Deck
  • Vaulted Ceiling
  • Great Room

About This Home

As of April 2022

1724 sq ft Colorado log cabin on 2 wooded acres. Nestled in the pines on one of the larger lots in the Forest Lakes Subdivision, the attention to detail on this home and property is not what you would expect in this price range. The home is situated towards the middle of the parcel, offering excellent privacy from neighbors. The lot has been fire mitigated making for a healthy pine forest floor. The southern exposure combined with a paved driveway allow for easy snow removal and a wonderful passive solar design. In addition to the 2 car garage with a beautiful expoxy floor, there is covered storage under the deck, as well as a custom 10' x 16' storage shed with work bench and two loft areas. Covered wrap around deck not only provides additional sq ft for entertaining, but also makes for a wonderful spot to view the deer and turkey that wonder through the yard. Inside you'll find a lovely open floorplan, with a vaulted ceiling and hardwood floors. High-end kitchen appliances include a Viking range, Sub-zero refrigerator, and Bosch dishwasher. Annual taxes are $2,067.88. Located at 7475' elevation. 2nd bedroom does not have a window. Forest Lakes subdivision features a fishing pond, and outdoor play areas for residents and their guests, and it borders thousands of acres of San Jan National Forest. A fire station is located near the subdivision entrance, just down the road from this home. Be sure to check out the 3D floorplan in the virtual tour link.

Last Agent to Sell the Property

Justin Osborn

The Wells Group of Durango, LLC Listed on: 03/07/2022

Last Buyer's Agent

Andrew DeLeon

The Wells Group of Durango, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,068

Year Built

  • Built in 2001

Lot Details

  • 2 Acre Lot
  • Wooded Lot

Home Design

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

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Vaulted Ceiling
  • Great Room
  • Dining Room
  • Den with Fireplace

Kitchen

  • Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV or Boat Parking

Outdoor Features

  • Deck
  • Shed

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Septic Tank
  • Septic System
  • Internet Available
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 567502312038

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,068

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Range Top, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Compactor, Oven-Convection
  • Estimated Total Acres: 2
  • Class: RESIDENTIAL
  • Elevation: 7475
  • Em Deposit: 10,000
  • Em Holder: Title Durango
  • Exterior Inclusions: Shed/Storage, Deck
  • Interior Inclusions: Part Furnished, W/D Hookup, Vaulted Ceiling, Garage Door Opener
  • Legal Lot Block: Subdivision: FOREST LAKES S/D Lot: 98A ATKINSON LOT CONS PROJ 99-199
  • List Price per Sq Ft: 310.32
  • Lot Dimension: See map
  • Lot Size Acreage: 2-4.99
  • Parcel Id Number: 567502312038
  • Price Per Sq Ft: 339.33
  • Property Description: Wooded Lot
  • Real Estate Included: Yes
  • Realist Id: 5675-023-12-038
  • Residence Stories: Two Story
  • Residence Style: Cabin
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Log
  • Sold Price Sq Ft: 339.33
  • Street Descriptionaccess: Private, Gravel
  • Street Designation: Road
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 2067.88
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Yes
  • Bedrooms: 2
  • Flooring: Carpet-Partial, Hardwood, Tile
  • Estimated Total Sq Ft: 1724
  • Bathrooms Description: See 3D Floorplan
  • Full Bathrooms: 0
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 2
  • Total Bathrooms: 3
  • Fireplace Location Type: Den/Family Room
  • Great Room: Yes
  • Lower Level Sq Ft: 513
  • Main Level Sq Ft: 1211
  • Master Bedrm Dimensions: See 3D Floorplan
  • Total Office Den: 0

Exterior Features

  • Construction Type: Log
  • Exterior Structures: Shed
  • Roof: Metal

Garage/Parking

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

Utilities

  • Utilities: Electric, Propane-Tank Owned, Phone - Cell Reception, Phone - Landline
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Electric Baseboard, Fireplace
  • Laundry Util Dimensions: See 3D Floorplan
  • Sewer Supplier: Septic
  • Water Supplier: Forest Lakes Metro District

Schools

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

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Partially Furnished

Tax Info

  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
Apr 5, 2022
Sold by
Handy Steven D
Bought by
Bertolina Robert R and Bertolina Donna M
Seller's Agent
Justin Osborn
The Wells Group of Durango, LLC
Buyer's Agent
Andrew DeLeon
The Wells Group of Durango, LLC
List Price
$535,000
Sold Price
$585,000
Premium/Discount to List
$50,000
9.35%
Current Estimated Value
$587,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,790
Avg. Annual Appreciation
0.13%

Purchase Details

Closed on
Sep 30, 2016
Sold by
Atherton Briggs W and Atherton Jean M
Bought by
Handy Steven D and Handy Elaine M

Purchase Details

Closed on
Nov 23, 2011
Sold by
Atkinson John M and Atkinson Juliah A
Bought by
Atherton Briggs W and Atherson Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2010
Sold by
Atkinson John M and Atkinson Juliah A
Bought by
Atkinson John M and Atkinson Juliah A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bertolina Robert R $585,000 None Listed On Document
Handy Steven D $262,500 Colorado Title
Atherton Briggs W $243,000 Colorado Land Title Co
Atkinson John M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Atherton Briggs W $194,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Sold $585,000 +9.3% $339 / Sq Ft
03/13/2022 03/13/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $535,000 -- $310 / 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 $3,054 $33,050 $4,030 $29,020
2024 $2,691 $29,170 $3,530 $25,640
2023 $2,691 $32,170 $3,900 $28,270
2022 $1,994 $34,090 $4,130 $29,960
2021 $2,068 $21,580 $2,980 $18,600
2020 $1,915 $20,390 $2,860 $17,530
2019 $1,882 $20,390 $2,860 $17,530
2018 $1,734 $19,010 $3,120 $15,890
2017 $1,761 $19,260 $3,120 $16,140
2016 $1,691 $18,460 $2,980 $15,480
2015 $1,482 $18,460 $2,980 $15,480
2014 -- $17,940 $3,520 $14,420
2013 -- $17,940 $3,520 $14,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 791116

Colorado Real Estate Network (CREN)

APN: R421607