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302 County Rd 500

302 County Rd 500, Bayfield, CO 81122
Property in La Plata
Sold Dec 07, 2021
$250,000
$1,600,000 by Midfirst Bank
Mortgage Due Dec 06, 2026
Sold Dec 13, 2006
$170,000
$227,524 by Pine River Valley Bank
Mortgage Due Dec 15, 2009
302 County Rd 500 has been categorized by the local assessors in Bayfield, CO as a residential type of property. The building on the property was first built in 1957 and is 67 years old. The home comes with a single bedroom. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 302 County Rd 500 has 744 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 14,375 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a log cabin/rustic style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. In terms of heating, it is utilizing a convection heater. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 302 County Rd 500 was last sold in Dec 6, 2021 for $250,000. According to our calculations, that's $336.02 per sqft. Prior to that sales transaction, the property was sold for $170,000 in Dec 13, 2006. Current property owners are expected to pay $627 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 302 County Rd 500 was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $16,830. To break that down further, the land itself was valued at $4,530. While improvements to the property were assessed at a total of $12,300. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Log cabin/Rustic
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 744
  • Gross Building Area: 744
  • Building Area: 744
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Convection
  • Heated Square Feet: 744
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOST CREEK LODGE S/D
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: SUBDIVISION: LOST CREEK LODGE S/D BLOCK: 2 LOT: 1 LOST CREEK LODGES SUB 302 CR 500 BAYFIELD 81122

Ownership

  • Current Owner : WE RANCH LLC
  • Previous Owner : JOHNSON LUCAS P
  • Previous Owner 2: JOHNSON E C
  • Owner Before Previous Owner: CUSTER JAMES H
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bayfield School District R-10-JT
  • Census Tract: 970602

Geography

  • Account Number: R005785
  • Parcel: R005785
  • Block: 2
  • Lot: 1
  • Latitude: 37.4473
  • Longitude: -107.558

    Address

  • Full Address: 302 County Road 500
  • Address - House Number: 302
  • Address - Street Name: County Road 500
  • State: CO
  • City Name: Bayfield
  • Carrier Code: R003
  • 4-Digit Zip Code: 8721
  • Zip Code: 81122

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $627
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 2202

    Appraisal Valuation

  • Standard Deviation: 0.226
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 304,945
  • High Value: 373,867
  • Low Value: 236,024

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,600,000
  • First Open Lien Mortgage Lender: MIDFIRST BANK
  • First Open Lien Mortgage Recording Date: Dec 07, 2021
  • First Open Lien Mortgage Loan Amount: $1,600,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 06, 2026

    Market Valuation

  • Market Total Value: $248,810
  • Market Land Value: $66,920
  • Market Improvement Value: $181,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,830
  • Assessed Land Value: $4,530
  • Assessed Improvements Value: $12,300

    Sales

  • Current Sale Contract Date: Dec 06, 2021
  • Current Sale Recording Date: Dec 07, 2021
  • Current Sale Transaction ID: 11873025981
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1203430
  • Previous Sale Recording Date: Dec 13, 2006
  • Previous Sale Contract Date: Dec 13, 2006
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDFIRST BANK
  • First Mortgage Transaction Date: Dec 07, 2021
  • First Mortgage Loan Amount: $1,600,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Dec 06, 2026

    Previous Mortgages

  • Previous Mortgage Lender: PINE RIVER VALLEY BANK
  • Previous Mortgage Transaction Date: Dec 13, 2006
  • Previous Mortgage Loan Amount: $227,524
  • Previous Mortgage Term: 36
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 15, 2009

About La Plata



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Frequently Asked Questions

What neighborhood is 302 County Rd 500 located in?
The 302 County Rd 500 is a located in the neighborhood of La Plata in La Plata, Bayfield.
What is the average sales price for listings in 302 County Rd 500?
The average sales price for units in 302 County Rd 500 is $0 currently.

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