NOT LISTED FOR SALE

562 E Cedar Dr Bayfield, CO 81122

Estimated Value: $427,000 - $480,000

3 Beds
2 Baths
1,518 Sq Ft
$305/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $395,000 $260 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,521/month

38 Days on Market

Highlights

  • 0.47 Acre Lot
  • Wood Burning Stove
  • Ranch Style House
  • Mountain View
  • Living Room with Fireplace
  • 1 Car Attached Garage

About This Home

As of October 2022

This fixer upper has been fixed up! Seller has put $90,000 into this long-time rental property this year. From the roof to the floors, it is all new! This 1500 square foot, single level home has three bedrooms, two full baths and an attached garage (with a new garage door opener!) List of improvements include: leveled yard area to improve drainage and a French Drain installed around the home. A new roof with 30-year architectural shingles. The front entryway has had the roof extended to completely cover the entryway. The siding had been painted. The inside has even more improvements! Fresh paint and new flooring throughout the home. The flooring is a floating laminate system that creates a waterproof floor. Bathrooms have had new cabinets installed and new toilets. The kitchen has been completely upgraded! New granite counter tops, new range/oven, new microwave, new dishwasher and a new refrigerator round out this amazing kitchen remodel. This Fixed Upper is ready for you!

Last Agent to Sell the Property

Matthew Arias

Keller Williams Realty Southwest Associates, LLC Listed on: 08/08/2022

Keller Williams Realty Southwest Associates, LLC

Co-Listed By

Dru English

Keller Williams Realty Southwest Associates, LLC

Last Buyer's Agent

Julie Itter

Integrity Real Estate & Lending

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,294

Year Built

  • Built in 1984 | Remodeled in 2022

Lot Details

  • 0.47 Acre Lot
  • Open Space

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Architectural Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,518 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Free Standing Fireplace
  • Living Room with Fireplace
  • Laminate Flooring
  • Mountain Views
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed

Schools

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

Utilities

  • Heating System Uses Wood
  • Baseboard Heating
  • Water Heater
  • Internet Available
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 567701304004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,294

Year Built

Built in 1984 | Remodeled in 2022

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Disposal, Microwave
  • Estimated Total Acres: 0.472
  • Class: RESIDENTIAL
  • Em Deposit: 5000.00
  • Em Holder: Title Company
  • Interior Inclusions: Ceiling Fan(s)
  • Legal Lot Block: SUBDIVISION: CEDAR HILLS (BAY) BLOCK: 0 LOT: 5 CEDAR HILLS SUB, BAYFIELD 562 E CEDAR DR BAYFIELD 81122
  • List Price per Sq Ft: 282.61
  • Lot Size Acreage: .25-.5
  • Parcel Id Number: 567701304004
  • Price Per Sq Ft: 260.21
  • Property Description: Adj to Open Space
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 260.21
  • Street Descriptionaccess: City/Town
  • Tax Account Id: R002519
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Service: Yes
  • Total Taxes Dollar: 1293.96
  • Year Built: 1984
  • Year Renovated: 2022
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Kitchen Bar
  • Bedrooms: 3
  • Flooring: Laminate
  • Estimated Total Sq Ft: 1518
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Fireplace Location Type: Free Standing, Living Room
  • Foundation: Crawl Space, Concrete
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood Frame
  • Exterior Structures: Shed
  • Roof: Architectural Shingles
  • Views: Mountains

Garage/Parking

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

Utilities

  • Utilities: Electric, Phone - Cell Reception, Phone - Landline
  • Electric Supplier: La Plata Electric Association
  • Heating System: Electric Baseboard, Wood Stove
  • Sewer Supplier: Town of Bayfield
  • Water Heater: Electric Water Heater
  • Water Supplier: Town of Bayfield

Schools

  • High School: Bayfield 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

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
Aug 8, 2022
Closed on
Oct 26, 2022
Sold by
Thornton Billy W
Bought by
Bell Tonya and Bell Colton
Seller's Agent
Matthew Arias
Keller Williams Realty Southwest Associates, LLC
Buyer's Agent
Julie Itter
Integrity Real Estate & Lending
List Price
$450,000
Sold Price
$395,000
Premium/Discount to List
-$55,000
-12.22%
Current Estimated Value
$465,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,060
Avg. Annual Appreciation
5.01%
Original Mortgage
$352,233
Outstanding Balance
$339,319
Interest Rate
6.02%
Mortgage Type
FHA
Estimated Equity
$123,459
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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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
Bell Tonya $395,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Tonya $352,233
Closed Bell Tonya $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2022 10/26/22 Sold $395,000 -7.9% $260 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
08/29/2022 08/29/22 Price Changed $429,000 -4.7% $283 / Sq Ft
08/08/2022 08/08/22 For Sale $450,000 -- $296 / 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 $1,358 $25,470 $5,240 $20,230
2024 $1,241 $19,810 $3,400 $16,410
2023 $1,241 $22,710 $3,900 $18,810
2022 $1,245 $24,370 $4,180 $20,190
2021 $1,294 $19,530 $3,800 $15,730
2020 $1,285 $19,970 $3,690 $16,280
2019 $1,252 $19,970 $3,690 $16,280
2018 $1,158 $18,780 $3,360 $15,420
2017 $1,162 $18,780 $3,360 $15,420
2016 $1,112 $17,920 $3,590 $14,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 797116

Colorado Real Estate Network (CREN)

APN: R002519