NOT LISTED FOR SALE

75 E Forest Lakes Dr Bayfield, CO 81122

Estimated Value: $485,000 - $621,000

3 Beds
2 Baths
1,552 Sq Ft
$354/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $405,000 $261 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,209/month

2 Days on Market

Highlights

  • Lake View
  • Wood Burning Stove
  • Wooded Lot
  • Deck
  • Den with Fireplace
  • Vaulted Ceiling

About This Home

As of March 2021

Beautiful log home nestled on 1.07 acres, directly across from Lake Simpatico! This exceptional home features a beautifully updated and remodeled kitchen with gorgeous hickory cabinets, quartz countertops, stainless steel appliances and a very functional island/breakfast bar. The spacious family room has a dramatic vaulted tongue and groove wood ceiling with ceiling fan, new flooring and a very efficient wood stove. Enjoy gorgeous lake and mountain views from the large deck just off the family room. There are 2 spacious bedrooms on the main level along with a full bath and spacious laundry room. On the lower level is another bedroom with full bath and access to the oversized 2 car garage. The front yard area is fenced, perfect for kids and/or pets. This home also features central water and sewer, no septic!

Last Agent to Sell the Property

Kim Rodgers

Legacy Properties West Sotheby's Int. Realty Listed on: 02/18/2021

Legacy Properties West Sotheby's Int. Realty

Last Buyer's Agent

Hannah (Chary) Korman

The Wells Group of Durango, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,255

Year Built

  • Built in 1994

Lot Details

  • 1.07 Acre Lot
  • Fenced Front Yard
  • Wooded Lot

Home Design

  • Log Cabin
  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,552 Sq Ft Home
  • 1.5-Story Property
  • Tongue and Groove Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Free Standing Fireplace
  • Window Treatments
  • Formal Dining Room
  • Den with Fireplace
  • Lake Views
  • Washer and Dryer Hookup
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Propane Water Heater
  • Internet Available
  • Phone Available

Community Details

  • Community Playground

Listing and Financial Details

  • Assessor Parcel Number 567501412081

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,255

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Disposal, Microwave
  • Estimated Total Acres: 1.07
  • Class: RESIDENTIAL
  • Common Facilities: Playground
  • Em Deposit: 5000
  • Em Holder: Colorado Title & Closing
  • Exterior Inclusions: Deck
  • Interior Inclusions: Window Coverings, Ceiling Fan(s), W/D Hookup, Vaulted Ceiling, Pantry, T&G Ceilings, Walk In Closet, Garage Door Opener
  • Legal Lot Block: SUBDIVISION: FOREST LAKES S/D #2 BLOCK: 0 LOT: 266 FOREST LAKES UNIT 2 75 EAST FOREST LAKES DR BAYFIELD 81122
  • List Price per Sq Ft: 244.2
  • Lot Size Acreage: 1-1.99
  • Parcel Id Number: 567501412081
  • Price Per Sq Ft: 260.95
  • Property Description: Wooded Lot
  • Real Estate Included: Yes
  • Realist Id: 5675-014-12-081
  • Residence Stories: 1.5 Story
  • Residence Style: Log
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 260.95
  • Street Descriptionaccess: Private, Gravel, Dirt, Private Winter Maintenanc
  • Street Designation: Drive
  • Tax Account Id: R015057
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 2255.48
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 18

Interior Features

  • Dining Room: Island, Separate Dining
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Tile, Laminate
  • Estimated Total Sq Ft: 1552
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Fireplace Location Type: Free Standing, Den/Family Room, Woodstove
  • Foundation: Basement-finished
  • Total Office Den: 0

Exterior Features

  • Fence: Fenced - Front
  • Construction Type: Wood Frame, Wood
  • Exterior Structures: Garage, Workshop
  • Roof: Metal
  • Views: Lake/Pond/Reservoir

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Propane-Tank Leased, Internet, Phone - Cell Reception, Phone - Landline
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Forced Air, Wood Stove
  • Sewer Supplier: Forest Lakes Metro District
  • Water Heater: Propane Water Heater
  • Water Supplier: 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

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 31, 2021
Sold by
Klein Martin L
Bought by
North Sarah T and North Lucas A
Seller's Agent
Kim Rodgers
Legacy Properties West Sotheby's Int. Realty
Buyer's Agent
Hannah (Chary) Korman
The Wells Group of Durango, LLC
List Price
$379,000
Sold Price
$405,000
Premium/Discount to List
$26,000
6.86%
Current Estimated Value
$549,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,465
Avg. Annual Appreciation
6.32%
Original Mortgage
$364,500
Outstanding Balance
$329,491
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$201,191

Purchase Details

Closed on
Mar 2, 2020
Sold by
Binkley Michael D and Binkley Cheryl Y
Bought by
Klein Martin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2013
Sold by
Binkley Michael D
Bought by
Binkley Michael D and Binkley Cheryl Y

Purchase Details

Closed on
Feb 1, 2013
Sold by
Binkley Michael D
Bought by
Binkley Michael D

Purchase Details

Closed on
Apr 10, 2008
Sold by
Binkley Michael D
Bought by
Binkley Michael D and The Michael D Binkley Living Trust

Purchase Details

Closed on
Jul 7, 2005
Sold by
Hewitt Relocation Services Inc
Bought by
Binkley Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,919
Interest Rate
5.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2005
Sold by
Dawson Eris
Bought by
Hewitt Relocation Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,919
Interest Rate
5.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 1994
Bought by
Binkley Michael D & Cheryl Y Trustees
Source: Public Records

Range of Values:

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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
North Sarah T $405,000 Colorado Ttl & Closing Svcs
Klein Martin L $349,000 Colorado Ttl & Closing Svcs
Binkley Michael D -- None Available
Binkley Michael D -- None Available
Binkley Michael D -- None Available
Binkley Michael D $259,900 Land Title
Hewitt Relocation Services Inc $259,900 Land Title
Binkley Michael D & Cheryl Y Trustees $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open North Sarah T $364,500
Previous Owner Klein Martin L $159,000
Previous Owner Binkley Michael D $207,919
Previous Owner Hewitt Relocation Services Inc $207,919
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $405,000 +6.9% $261 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $379,000 -- $244 / 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 $2,582 $30,840 $2,280 $28,560
2024 $2,275 $24,660 $1,570 $23,090
2023 $2,275 $27,610 $1,760 $25,850
2022 $2,197 $23,100 $1,850 $21,250
2021 $2,277 $23,760 $1,900 $21,860
2020 $2,255 $24,010 $2,060 $21,950
2019 $2,216 $24,010 $2,060 $21,950
2018 $2,023 $22,180 $2,070 $20,110
2017 $2,028 $22,180 $2,070 $20,110
2016 $1,950 $21,280 $1,970 $19,310
2015 $1,708 $21,280 $1,970 $19,310
2014 -- $20,360 $2,360 $18,000
2013 -- $20,360 $2,360 $18,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 778847

Colorado Real Estate Network (CREN)

APN: R015057