NOT LISTED FOR SALE

7318 County Road 501 Bayfield, CO 81122

Estimated Value: $1,343,301 - $1,683,000

4 Beds
3.5 Baths
5,270 Sq Ft
$277/Sq Ft Est. Value

Sale Details

Date Sold: May 23, 2022

Last sale price $1,270,000 $241 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,571 / mo

157 Days on Market

Highlights

  • Guest House
  • RV or Boat Parking
  • Deck
  • Media Room
  • Fireplace in Bedroom
  • Wooded Lot

About This Home

As of May 2022

A Peaceful Escape: Luxurious and upgraded, this 5 bedroom, 4 bathroom home of 5,270 sq. ft rests on a lot of just over 4 acres. The house is surrounded by ponderosa pines giving you the feeling that you’re in the middle of the forest. This house is the perfect place to rest and rejuvenate while also having enough space to entertain in privacy and seclusion. Richly-appointed spaces include large gathering areas, a professional-grade kitchen, a spectacular dining room, and a home theater. Contemporary amenities include a 38ft pull-through RV garage, a 6 car garage with heated parking, and an underground heated driveway to melt the snow in the winter months. A Great room boasts 2 fireplaces and large windows to allow light in through the trees right outside. Master bedroom with en-suite bathroom that has a steam shower, a bath, a walk-in closet. The kitchen is equipped with high-end appliances, a kitchen/bar and a walk-in pantry The guest bedrooms have their own family room which can be used for guests to relax or used as a kid's game room. There’s also a built-in sound system throughout the house. This house has a home theater and a library that leads out to a wooded area. Guest quarters in another building separate from the house. There’s plenty of storage throughout. This house has not been lived in since being remodeled so everything is practically brand new. You’ll appreciate the short drive to Durango which is just under 30min, Where you’ll find restaurants, any kind of store, gym’s, live music venues, and more. Southwest Colorado offers a wide range of possibilities for recreation, including fishing, hunting, hiking and biking trails, mountains to climb, ski resorts, and more. 10min drive to Vallecito Reservoir (Fishing) 30min drive to the city of Durango (All Amenities) 30min to National forest (hiking, camping, and OHV & ATV trails) 45min drive to Purgatory (Ski resort) 1-hour drive to Pagosa Springs (Hot springs and more) Your Private Colorado Retreat House ! Call today for a showing.

Last Agent to Sell the Property

Leigh Holmes

United Country Blue Sky Homes and Land Listed on: 09/25/2021

United Country Blue Sky Homes and Land

Last Buyer's Agent

Leigh Holmes

United Country Blue Sky Homes and Land Listed on: 09/25/2021

United Country Blue Sky Homes and Land

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 4.17 Acre Lot
  • Wooded Lot

Home Design

  • Split Level Home
  • Log Siding
  • Stick Built Home
  • Stone

Interior Spaces

  • 5,270 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Living Room with Fireplace
  • Open Floorplan
  • Media Room
  • Game Room

Kitchen

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

Flooring

  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Bedroom
  • Walk-In Closet

Parking

  • 6 Car Detached Garage
  • RV or Boat Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Additional Homes

  • Guest House

Schools

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

Utilities

  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 567503103014

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

4.17 Acres

Listing Details

  • Appliance Inclusions: Range/Oven, Range Top, Refrigerator, Dishwasher, Disposal, Microwave
  • Estimated Total Acres: 4.17
  • Class: RESIDENTIAL
  • Em Deposit: 15000
  • Em Holder: Title Company
  • Exterior Inclusions: Deck, RV Hook Up/Pad, Covered Porch
  • Interior Inclusions: Walk In Closet, Game Room, Media Room, Mud Room
  • Legal Lot Block: Subdivision: FOREST LAKES S/D Lot: 73-R GRACE LOT CONS PROJ 2000-261 7318 CR 501 BAYFIELD 81122
  • List Price per Sq Ft: 242.88
  • Lot Size Acreage: 2-4.99
  • Parcel Id Number: 567503103014
  • Price Per Sq Ft: 240.99
  • Property Description: Wooded Lot
  • Real Estate Included: Yes
  • Residence Stories: Two Story
  • Residence Style: Split-Level
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Log
  • Sold Price Sq Ft: 240.99
  • Street Descriptionaccess: Private, Paved
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Service: Yes
  • Total Taxes Dollar: $3,734.08
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Kitchen Bar, Kitchen/Dining, Living Room Dining
  • Bedrooms: 4
  • Flooring: Carpet-Partial, Tile
  • Estimated Total Sq Ft: 5270
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 4
  • Fireplace Location Type: Bedroom, Living Room
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood Frame, Log, Wood, Stone
  • Exterior Structures: Garage, Guest House, RV/Boat Shelter

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 6

Utilities

  • Utilities: Electric, Propane-Tank Owned
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Floor Radiant, Fireplace
  • Sewer Supplier: Septic
  • 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: 2021

MLS Schools

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

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2021
Closed on
May 23, 2022
Sold by
Peeples Iii Peyton P
Bought by
Weinstein Gail and Cooperstein Gary
Seller's Agent
Leigh Holmes
United Country Blue Sky Homes and Land
Buyer's Agent
Leigh Holmes
United Country Blue Sky Homes and Land
List Price
$1,280,000
Sold Price
$1,270,000
Premium/Discount to List
-$10,000
-0.78%
Current Estimated Value
$1,458,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,325
Avg. Annual Appreciation
3.63%

Purchase Details

Closed on
Jan 13, 2012
Sold by
Grace Howard William and Grace Nancy Jo
Bought by
Peeples Peyton P and Peeples Dianne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.04%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Weinstein Gail $1,270,000 None Listed On Document
Peeples Peyton P $840,000 Colorado Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peeples Peyton P $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2022 05/23/22 Sold $1,270,000 -0.8% $241 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
09/25/2021 09/25/21 For Sale $1,280,000 -- $243 / 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 $8,615 $83,270 $8,210 $75,060
2024 $7,590 $82,290 $7,570 $74,720
2023 $7,590 $85,790 $7,890 $77,900
2022 $7,625 $89,170 $8,200 $80,970
2021 $7,904 $82,480 $4,690 $77,790
2020 $7,468 $79,500 $4,490 $75,010
2019 $7,337 $79,500 $4,490 $75,010
2018 $6,652 $72,920 $4,910 $68,010
2016 $6,402 $69,870 $4,680 $65,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 787246

Colorado Real Estate Network (CREN)

APN: R423150

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