NOT LISTED FOR SALE

59 Timber Dr Bayfield, CO 81122

Estimated Value: $47,000 - $51,000

1.19 Acres
$40,749 Price per Acre
51,836 Sq Ft Lot

Last Sold March 11, 2024

Last sale price $45,000

Est. 8% increase in value since last sale

Current estimated payment $339/month

168 Days on Market

About This Lot

As of March 2024

Welcome to 59 Timber Drive, a unique real estate opportunity that seamlessly blends nature's beauty with modern convenience. This spacious 1.19-acre property is poised to become the canvas for your dream home. Located in close proximity to both the town of Bayfield and the Vallecito Reservoir, this property offers the best of both worlds. Nature enthusiasts will find themselves in awe of the property's surroundings, as it borders a sprawling 750 acres of Bureau of Land Management (BLM) land. This opens up a world of outdoor exploration, with hiking trails and wildlife spotting opportunities right at your doorstep. For those seeking a peaceful retreat by the water, access to the neighborhood lake, Lake Simpatico, provides the perfect escape. Whether you're interested in fishing, kayaking, or simply enjoying the tranquility of the waters, this addition to the property's charm is a true gem. Enjoy the serenity of the outdoors while still having easy access to the amenities of the town of Bayfield. Additionally, the nearby Vallecito Reservoir offers a haven for water sports enthusiasts and anyone looking to immerse themselves in the beauty of the surroundings. Seize this exceptional opportunity to own a slice of nature's paradise while staying connected to modern conveniences. Create your perfect dwelling in an idyllic setting that boasts access to Lake Simpatico, the allure of the surrounding BLM land, and the delights of nearby Bayfield and Vallecito Reservoir. Your future begins at 59 Timber Drive – make it yours today.

Last Agent to Sell the Property

Katie McCann

Berkshire Hathaway HomeServices Colorado Properties Listed on: 08/28/2023

Berkshire Hathaway HomeServices Colorado Properties

Last Buyer's Agent

Shelby Fox

RE/MAX Pinnacle

RE/MAX Pinnacle

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $507

Lot Details

  • 1.19 Acre Lot
  • Sloped Lot

Schools

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

Community Details

  • Association fees include trash, road maintenance
  • Forest Lakes Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Security Deposit $5,000
  • Assessor Parcel Number 567502209021

Property Details

Property Type

Land

Est. Annual Taxes

$507

Lot Details

1.19 Acres

Listing Details

  • Class: Land
  • Em Holder: Title Durango
  • Legal Lot Block: Subdivision: FOREST LAKES S/D Block: 0 Lot: 243 FOREST LAKES UNIT 1 59 TIMBER DR BAYFIELD 81122
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 567502209021
  • Property Description: Borders Public Land
  • Street Descriptionaccess: Gravel, Dirt
  • Street Designation: Drive
  • Zoning: Residential Single Family
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 1.19
  • Current Property Use: Mountain Recreation
  • Em Deposit: 5000
  • Possible Property Use: Residential Single Family, Mountain Recreation
  • Mineral Rights: Unknown
  • Topography: Sloped
  • Price per Sq Ft: 0.96
  • Sold Priceacre: 37815.13
  • Total Taxes Dollar: 506.92
  • Prop Description Remarks: Welcome to 59 Timber Drive, a unique real estate opportunity that seamlessly blends nature's beauty with modern convenience. This spacious 1.19-acre property is poised to become the canvas for your dream home. Located in close proximity to both the town of Bayfield and the Vallecito Reservoir, this property offers the best of both worlds. Nature enthusiasts will find themselves in awe of the property's surroundings, as it borders a sprawling 750 acres of Bureau of Land Management (BLM) land. This opens up a world of outdoor exploration, with hiking trails and wildlife spotting opportunities right at your doorstep. For those seeking a peaceful retreat by the water, access to the neighborhood lake, Lake Simpatico, provides the perfect escape. Whether you're interested in fishing, kayaking, or simply enjoying the tranquility of the waters, this addition to the property's charm is a true gem. Enjoy the serenity of the outdoors while still having easy access to the amenities of the town of Bayfield. Additionally, the nearby Vallecito Reservoir offers a haven for water sports enthusiasts and anyone looking to immerse themselves in the beauty of the surroundings. Seize this exceptional opportunity to own a slice of nature's paradise while staying connected to modern conveniences. Create your perfect dwelling in an idyllic setting that boasts access to Lake Simpatico, the allure of the surrounding BLM land, and the delights of nearby Bayfield and Vallecito Reservoir. Your future begins at 59 Timber Drive – make it yours today.
  • Subdv Name: Forest Lakes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Water Supplier: Well

Condo/Co-op/Association

  • Hoa Inclusions: Trash, Road Maintenance

Schools

  • High School: Bayfield 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2023

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 28, 2023
Closed on
Mar 8, 2024
Sold by
Nissen Brett
Bought by
Ugaddan Tyron
Seller's Agent
Katie McCann
Berkshire Hathaway HomeServices Colorado Properties
Buyer's Agent
Shelby Fox
RE/MAX Pinnacle
List Price
$59,900
Sold Price
$45,000
Premium/Discount to List
-$14,900
-24.87%
Views
127
Current Estimated Value
$48,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,491
Avg. Annual Appreciation
3.95%

Purchase Details

Listed on
Apr 19, 2022
Closed on
May 18, 2022
Sold by
Charles Black John
Bought by
Nissen Brett
Seller's Agent
Olivia Barrett
RE/MAX Pinnacle
Buyer's Agent
Katie McCann
Berkshire Hathaway HomeServices Colorado Properties
List Price
$35,000
Sold Price
$40,000
Premium/Discount to List
$5,000
14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%
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
Ugaddan Tyron $45,000 None Listed On Document
Nissen Brett $40,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2024 03/11/24 Sold $45,000 -9.8% --
02/12/2024 02/12/24 Pending -- -- --
11/01/2023 11/01/23 Price Changed $49,900 -10.7% --
10/02/2023 10/02/23 Price Changed $55,900 -6.7% --
08/28/2023 08/28/23 For Sale $59,900 +49.8% --
05/18/2022 05/18/22 Sold $40,000 +14.3% -- View Prior Sale
04/22/2022 04/22/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $35,000 -- --
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 $1,085 $10,300 $10,300 --
2024 $956 $10,360 $10,360 --
2023 $956 $10,360 $10,360 $0
2022 $507 $10,770 $10,770 $0
2021 $511 $5,330 $5,330 $0
2020 $480 $5,110 $5,110 $0
2019 $472 $5,110 $5,110 $0
2018 $506 $5,550 $5,550 $0
2016 $439 $4,790 $4,790 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 807449

Colorado Real Estate Network (CREN)

APN: R015176

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