NOT LISTED FOR SALE

555 Mushroom Dr Bayfield, CO 81122

Estimated Value: $1,198,000 - $1,360,000

7 Beds
5 Baths
4,234 Sq Ft
$302/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $822,500 $194 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,060/month

Highlights

  • Accessory Dwelling Unit (ADU)
  • Lake View
  • Wooded Lot
  • Home fronts a creek
  • Deck
  • Adjacent to Greenbelt

About This Home

As of October 2020

Very likely the most unique location at Vallecito! The property is located on Grimes Creek with a large pond and adjoining the Bureau of Reclamation public property on the north end of the lake. Additionally, there is HOA open space on the east and to the north of this property providing excellent privacy, buffer and view corridors. Views off of the back deck of Lake Vallecito and views from the front porch of the high peaks in the wilderness area add to the daily enjoyment of this property. The home has 7 bedrooms, three of which are in an attached guest unit/apartment with its own kitchen and 2 bathrooms. The main home has 4 bedrooms and a large game room with views of the mountains. Additionally there is a detached garage/shop which is ideal for storing a boat or recreational toys, etc. With views, waterfront and direct lake access, you will have a hard time finding a property anywhere in SW Colorado like this.

Last Agent to Sell the Property

John Wells

The Wells Group of Durango, LLC Listed on: 06/29/2020

Last Buyer's Agent

Durango NON MEMBER

NON-MEMBER/FSBO Durango

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,691

Year Built

  • Built in 1999

Lot Details

  • 2.49 Acre Lot
  • Home fronts a creek
  • Home fronts a pond
  • Adjacent to Greenbelt
  • Open Space
  • Split Rail Fence
  • Landscaped
  • Wooded Lot

HOA Fees

  • $52 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Home Design

  • 2-Story Property
  • Concrete Foundation
  • Asphalt Roof
  • Wood Siding
  • Stone Siding
  • Stick Built Home

Interior Spaces

  • 4,234 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Combination Dining and Living Room
  • Game Room
  • Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • In-Law or Guest Suite
  • 5 Full Bathrooms

Parking

  • 4 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

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

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Propane Water Heater
  • Internet Available
  • Phone Available

Community Details

  • Vv1 HOA

Listing and Financial Details

  • Assessor Parcel Number 537733202021

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,691

Year Built

Built in 1999

Lot Details

0

HOA Fees

$52 per month

Listing Details

  • Additional Living Quarters: Yes
  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Dryer, Disposal, Microwave, Exhaust Fan
  • Estimated Total Acres: 2.49
  • Class: RESIDENTIAL
  • Em Deposit: 25,000
  • Em Holder: CTS
  • Exterior Inclusions: Shed/Storage, Landscaping, Deck, Covered Porch
  • Interior Inclusions: Ceiling Fan(s), W/D Hookup, Vaulted Ceiling, Guest Quarters, Walk In Closet, Garage Door Opener, Game Room
  • Legal Lot Block: SUBDIVISION: VALLECITO VALLEY #1 BLOCK: 0 LOT: 32A PROJ #95-256 WOOLERY LOT CONS 555 MUSHROOM DR BAYFIELD 81122
  • List Price per Sq Ft: 212.33
  • Parcel Id Number: 537733202021
  • Price Per Sq Ft: 194.26
  • Property Description: Adj to Greenbelt, Wooded Lot, Adj to Open Space
  • Real Estate Included: Yes
  • Residence Stories: Two Story
  • Residence Style: Ranch
  • Sale/Rent: For Sale
  • Siding: Stone, Wood
  • Sold Price Sq Ft: 194.26
  • Street Descriptionaccess: Private, Gravel
  • Street Designation: Drive
  • Tax Account Id: R417264
  • Waterfront Type: Creek, Pond
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Additional Living Type: Private Entrance apt
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Service: Yes
  • Total Taxes Dollar: 3,690.56
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Living Room Dining
  • Bedrooms: 7
  • Flooring: Carpet-Partial, Tile
  • Estimated Total Sq Ft: 4234
  • Full Bathrooms: 5
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 5
  • Foundation: Concrete
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0

Exterior Features

  • Fence: Split Rail
  • Windows: Clad, Double Pane
  • Construction Type: Wood
  • Exterior Structures: Garage, Guest House
  • Roof: Asphalt
  • Views: Mountains, Lake/Pond/Reservoir
  • Waterfront: Yes

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 4

Utilities

  • Utilities: Electric, Propane-Tank Owned, Internet, Phone - Cell Reception, Phone - Landline
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Forced Air
  • Sewer Supplier: Upper Valley Sanitation
  • Water Heater: Propane Water Heater
  • Water Supplier: Upper Valley Sanitation

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 625
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: vv1

Schools

  • High School: Bayfield 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2023
Sold by
Smith Roderick and Smith Rosa M
Bought by
Smith Living Trust and Smith
Current Estimated Value
$1,279,031

Purchase Details

Listed on
Jun 29, 2020
Closed on
Oct 20, 2020
Sold by
Marinan Kelly M
Bought by
Silva-Smith Rosa M and Smith Roderick L
Seller's Agent
John Wells
The Wells Group of Durango, LLC
Buyer's Agent
Durango NON MEMBER
NON-MEMBER/FSBO Durango
List Price
$899,000
Sold Price
$822,500
Premium/Discount to List
-$76,500
-8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.21%
Original Mortgage
$510,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2008
Sold by
Marinan Kevin J and Marinan Kelly M
Bought by
Marinan Kelly M

Purchase Details

Closed on
Jul 1, 2008
Sold by
Marinan Kevin J
Bought by
Marinan Kelly M

Purchase Details

Closed on
Dec 28, 2004
Sold by
Bradford K C and Bradford Glora Belle
Bought by
Harriman Westley A

Purchase Details

Closed on
Feb 2, 1999
Bought by
Marinan Kelly M
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
Smith Living Trust -- None Listed On Document
Silva-Smith Rosa M $825,000 Colorado Title & Closing Servi
Marinan Kelly M -- None Available
Marinan Kelly M -- None Available
Marinan Kelly M -- None Available
Harriman Westley A $80,300 Colorado Land Title Co
Marinan Kelly M $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silva-Smith Rosa M $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2020 10/23/20 Sold $822,500 -8.5% $194 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $899,000 -- $212 / 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 $3,594 $63,820 $16,250 $47,570
2024 $3,257 $57,430 $10,120 $47,310
2023 $3,257 $60,690 $10,700 $49,990
2022 $3,840 $64,440 $15,340 $49,100
2021 $3,998 $66,300 $15,780 $50,520
2020 $3,411 $58,400 $15,490 $42,910
2019 $3,800 $66,950 $33,040 $33,910
2018 $3,691 $66,260 $32,010 $34,250
2017 $3,704 $66,260 $32,010 $34,250
2016 $4,089 $72,880 $34,470 $38,410
2015 $3,260 $72,880 $34,470 $38,410
2014 $2,997 $66,310 $29,610 $36,700
2013 -- $66,310 $29,610 $36,700
Source: Public Records

Agents Affiliated with this Home

  • John Wells

    Seller's Agent in 2020

    John Wells

    The Wells Group of Durango, LLC

    (970) 749-1440

    145 Total Sales

    John Wells
    Section Image

  • D

    Buyer's Agent in 2020

    Durango NON MEMBER

    NON-MEMBER/FSBO Durango

See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 771465

Colorado Real Estate Network (CREN)

APN: R417264

Colorado La Plata County Bayfield 81122

555 Mushroom Dr, Bayfield, CO

This home is located at 555 Mushroom Dr, Bayfield, CO 81122 since 29 June 2020 and is currently estimated at $1,279,031, approximately $302 per square foot. This property was built in 1999. 555 Mushroom Dr is a home located in La Plata County with nearby schools including Bayfield Elementary School, Bayfield Middle School, and Bayfield High School.

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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