NOT LISTED FOR SALE

616 Forest Lakes Dr Bayfield, CO 81122

Estimated Value: $376,000 - $432,000

0.32 Acre
$1,294,162 Price per Acre
13,939 Sq Ft Lot

Last Sold December 20, 2023

Last sale price $32,500

Est. 1,174% increase in value since last sale

Current estimated payment $2,321/month

11 Days on Market

About This Lot

As of December 2023

This .32 acre lot is located very close to the subdivision entrance, and offers incredible convenience to Bayfield or Durango. The large trees give you privacy and the feeling of being inside the forest. Lake Simpatico up the road is for owners only, and is stocked for fishing. Miles of hiking, the San Juan National Forest, and Vallecito Lake, offer nearby and year round recreation opportunities. Be in Bayfield in less than 10 minutes or Durango in 30 minutes, where you can enjoy a large selection of charming restaurants and shops. Check this one out before it's gone!

Last Agent to Sell the Property

Amy Johnson

Sherpa Real Estate Listed on: 11/17/2023

Co-Listed By

Lauren Fredrickson

Galles Properties

Last Buyer's Agent

William Powell

Raywell Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $447

Lot Details

  • 0.32 Acre Lot
  • Wooded Lot

HOA Fees

  • $58 Monthly HOA Fees

Schools

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

Community Details

  • Forest Lakes Metro District HOA
  • Forest Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 567502324047

Property Details

Property Type

Land

Est. Annual Taxes

$447

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Class: Land
  • Em Holder: Empire Title Company
  • Legal Lot Block: FOREST LAKES S/D #5 Block: 0 Lot: 123 FOREST LAKES UNIT 5 616 FOREST LAKES DR BAYFIELD 81122
  • Lot Size Acreage: .25-.5 Acres
  • Parcel Id Number: 567502324047
  • Property Description: Wooded Lot
  • Street Designation: Drive
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Monthly
  • Domestic Sewer: Central, Sewer Tap Available
  • Domestic Water: Tap Available, Public
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.32
  • Current Property Use: Residential Single Family
  • Em Deposit: 5%
  • Possible Property Use: Residential Single Family
  • Mineral Rights: Unknown
  • Price Acre: 109404.39
  • Price per Sq Ft: 2.51
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 101880.88
  • Water Tap Available: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: 447.00
  • Prop Description Remarks: This .32 acre lot is located very close to the subdivision entrance, and offers incredible convenience to Bayfield or Durango. The large trees give you privacy and the feeling of being inside the forest. Lake Simpatico up the road is for owners only, and is stocked for fishing. Miles of hiking, the San Juan National Forest, and Vallecito Lake, offer nearby and year round recreation opportunities. Be in Bayfield in less than 10 minutes or Durango in 30 minutes, where you can enjoy a large selection of charming restaurants and shops. Check this one out before it's gone!
  • Subdv Name: Forest Lakes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Electric Supplier: La Plata Electric Association
  • Water Supplier: Forest Lakes Metro District

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 57.75
  • Hoa Name: 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

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
Nov 17, 2023
Closed on
Dec 20, 2023
Sold by
Land Station Inc
Bought by
Anderson Katherine
Seller's Agent
Amy Johnson
Sherpa Real Estate
Buyer's Agent
William Powell
Raywell Realty
List Price
$34,900
Sold Price
$32,500
Premium/Discount to List
-$2,400
-6.88%
Views
20
Current Estimated Value
$414,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,632
Avg. Annual Appreciation
350.43%

Purchase Details

Listed on
Nov 17, 2023
Closed on
Dec 5, 2023
Sold by
Lopez James R and Mckee Cindy L
Bought by
Land Station
Seller's Agent
Amy Johnson
Sherpa Real Estate
Buyer's Agent
William Powell
Raywell Realty
List Price
$34,900
Sold Price
$32,500
Premium/Discount to List
-$2,400
-6.88%
Views
20

Purchase Details

Closed on
Feb 18, 1998
Bought by
Lopez James R
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
Anderson Katherine $32,500 Land Title
Land Station $16,000 Stewart Title
Lopez James R -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $32,500 -6.9% --
11/28/2023 11/28/23 Pending -- -- --
11/17/2023 11/17/23 For Sale $34,900 -- --
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 $673 $3,090 $1,620 $1,470
2024 $593 $6,430 $6,430 --
2023 $593 $6,430 $6,430 $0
2022 $447 $6,690 $6,690 $0
2021 $450 $4,700 $4,700 $0
2020 $442 $4,700 $4,700 $0
2019 $434 $4,700 $4,700 $0
2018 $834 $9,140 $9,140 $0
2017 $836 $9,140 $9,140 $0
2016 $445 $4,860 $4,860 $0
2015 $371 $4,620 $4,620 $0
2014 -- $6,090 $6,090 $0
2013 -- $5,770 $5,770 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 809399

Colorado Real Estate Network (CREN)

APN: R018116