NOT LISTED FOR SALE

587 Pine Valley Rd Bayfield, CO 81122

Estimated Value: $430,000 - $464,000

3 Beds
2.5 Baths
1,488 Sq Ft
$300/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $400,000 $269 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,455/month

1 Day on Market

Highlights

  • Living Room with Fireplace
  • Main Floor Primary Bedroom
  • Baseboard Heating
  • Wooded Lot
  • Shed
  • Wood Siding

About This Home

As of June 2023

Perfectly set in the tall pines of Forest Lakes, this darling home on one acre offers privacy, 3 bedrooms, 3 bath with room to spread out and enjoy mountain living. Towards the bottom of Forest Lakes for easy access, yet private with peek a boo mountain views. Upon entering you’re welcomed into the living area, a cozy space with a pellet stove and nice sitting area with a wall of windows adding natural light. Adjacent to the living room is the country kitchen with barstool seating, good cabinet space, pantry, and open to the dining for entertaining guests. The spacious primary bedroom and bath are located on the main level, adjacent to the laundry room, and offering it’s own patio space. Upstairs you'll find two bedrooms and a bathroom shared between the rooms. The front porch, covered from the elements and a perfect place to enjoy the cool mountain air, covers the entire south side of the home. Small seasonal water coming down the green meadow to the south amongst the pines. The backyard has a nice grassy area for the dogs to play or have an outdoor play area. Storage shed perfect for toys. Enjoy Lake Simpatico, a private lake in the subdivision with great fishing, paddle boarding and kayaking. There is easy access into the National Forest and BLM throughout the subdivision for great hiking, and hunting.

Last Agent to Sell the Property

Lauren Ammerman

The Wells Group of Durango, LLC Listed on: 05/18/2023

Last Buyer's Agent

Crystal Chick

Destination DRO Real Estate Group, LLC

Destination DRO Real Estate Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,582

Year Built

  • Built in 1983

Lot Details

  • 1 Acre Lot
  • Wooded Lot

Home Design

  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,488 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Schools

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

Utilities

  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Water Heater
  • Septic Tank
  • Septic System
  • Internet Available

Community Details

  • Forest Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 567502312031

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,582

Year Built

Built in 1983

Lot Details

1 Acres

Listing Details

  • Appliance Inclusions: Refrigerator, Washer, Dishwasher, Dryer, Range/Oven
  • Estimated Total Acres: 1
  • Class: RESIDENTIAL
  • Em Deposit: 7500
  • Em Holder: Colorado Title and Closin
  • Legal Lot Block: SUBDIVISION: FOREST LAKES S/D BLOCK: 0 LOT: 100 FOREST LAKES UNIT 1 587 PINE VALLEY RD BAYFIELD 81122
  • Lot Size Acreage: 1-1.99
  • Parcel Id Number: 567502312031
  • Price Per Sq Ft: 268.82
  • Property Description: Wooded Lot
  • Real Estate Included: Yes
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 268.82
  • Street Designation: Road
  • Tax Account Id: R006337
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Service: Yes
  • Total Taxes Dollar: 1581.68
  • Year Built: 1983
  • Foreign Owned Y N: No
  • Prop Description Remarks: Perfectly set in the tall pines of Forest Lakes, this darling home on one acre offers privacy, 3 bedrooms, 3 bath with room to spread out and enjoy mountain living. Towards the bottom of Forest Lakes for easy access, yet private with peek a boo mountain views. Upon entering you’re welcomed into the living area, a cozy space with a pellet stove and nice sitting area with a wall of windows adding natural light. Adjacent to the living room is the country kitchen with barstool seating, good cabinet space, pantry, and open to the dining for entertaining guests. The spacious primary bedroom and bath are located on the main level, adjacent to the laundry room, and offering it’s own patio space. Upstairs you'll find two bedrooms and a bathroom shared between the rooms. The front porch, covered from the elements and a perfect place to enjoy the cool mountain air, covers the entire south side of the home. Small seasonal water coming down the green meadow to the south amongst the pines. The backyard has a nice grassy area for the dogs to play or have an outdoor play area. Storage shed perfect for toys. Enjoy Lake Simpatico, a private lake in the subdivision with great fishing, paddle boarding and kayaking. There is easy access into the National Forest and BLM throughout the subdivision for great hiking, and hunting.
  • Subdv Name: Forest Lakes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Bedrooms: 3
  • Flooring: Carpet-Partial, Laminate
  • Estimated Total Sq Ft: 1488
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Fireplace Location Type: Living Room, Pellet
  • Foundation: Crawl Space
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Exterior Structures: Shed
  • Roof: Metal

Utilities

  • Electric Supplier: La Plata Electric Association
  • Heating System: Electric Baseboard
  • Sewer Supplier: Septic
  • Water Heater: Electric Water Heater
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jun 20, 2023
Sold by
Schmitt Amy K
Bought by
Aranda Sara and Hodge Patrick
Seller's Agent
Lauren Ammerman
The Wells Group of Durango, LLC
Buyer's Agent
Crystal Chick
Destination DRO Real Estate Group, LLC
List Price
$389,900
Sold Price
$400,000
Premium/Discount to List
$10,100
2.59%
Views
5
Current Estimated Value
$445,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,940
Avg. Annual Appreciation
4.06%
Original Mortgage
$206,500
Outstanding Balance
$200,978
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$244,962

Purchase Details

Closed on
Feb 12, 2019
Sold by
Johnson Gerald Don and Johnson Mary Anita
Bought by
Schmitt Amy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2011
Sold by
Household Finance Corporation Iii
Bought by
Johnson Gerald Don and Johnson Mary Anita

Purchase Details

Closed on
Jan 24, 2011
Sold by
Conway Kevin B and Conway Esmeralda
Bought by
Household Finance Corporation Iii

Purchase Details

Closed on
Aug 28, 2006
Sold by
Howard Ryan C and Howard Natalie K
Bought by
Conway Kevin B and Conway Esmeralda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 1994
Bought by
Johnson Gerald Don and Johnson Mary Anita
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
Aranda Sara $400,000 None Listed On Document
Schmitt Amy K $235,000 Durango Title
Johnson Gerald Don $127,500 Assured Title
Household Finance Corporation Iii $237,460 None Available
Conway Kevin B $240,000 Colorado Land Title Co
Johnson Gerald Don $111,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aranda Sara $206,500
Closed Aranda Sara $68,000
Previous Owner Schmitt Amy K $168,000
Previous Owner Conway Kevin B $240,000
Closed Johnson Gerald Don $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2023 06/20/23 Sold $400,000 +2.6% $269 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $389,900 -- $262 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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 $1,618 $22,330 $2,380 $19,950
2024 $1,426 $15,460 $1,530 $13,930
2023 $1,426 $18,310 $1,810 $16,500
2022 $1,582 $19,860 $1,970 $17,890
2021 $1,640 $17,110 $1,710 $15,400
2020 $1,519 $16,170 $1,640 $14,530
2019 $1,426 $15,450 $1,640 $13,810
2018 $1,306 $14,320 $1,790 $12,530
2017 $1,309 $14,320 $1,790 $12,530
2016 $1,258 $13,730 $1,710 $12,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 803551

Colorado Real Estate Network (CREN)

APN: R006337

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