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8622 County Rd 502

8622 County Rd 502, Bayfield, CO 81122
Property in La Plata
Sold Jul 29, 2021
$660,000
$528,000 by First United Bank & Trust Co
Mortgage Due Aug 01, 2036
Sold Feb 02, 2007
$250,000
8622 County Rd 502 in Bayfield, CO was first built in 1994 and is 30 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a log cabin/rustic style. There are a total of 2 floors. This is a single bedroom home. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 8622 County Rd 502 has 2,130 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 435,600 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. As for heating, the home is utilizing a radiant heating system and being fueled with electricity. The property was last sold in Jul 28, 2021 for $660,000. That's $309.86 per sqft. Prior to that sales transaction, the property was also sold in Feb 2, 2007 for $250,000. 8622 County Rd 502 was last assessed in 2023. The total value of the property was assessed at $42,820. Specifically, the land the property is located on was valued at $8,880. While improvements on the property were assessed at a total of $33,940. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,127. The initial tax year of delinquency was in 2021. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Style: Log cabin/Rustic
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 435,600
  • Total Building Area: 2,130
  • Gross Building Area: 2,130
  • Building Area: 2,130
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Radiant
  • Heated Square Feet: 2,130
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELL FLOWER RANCH
  • Land Acres: 10
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: SUBDIVISION: BELL FLOWER RANCH BLOCK: 0 LOT: 17 CAT 1 PROJ 83-122 8622 CR 502 BAYFIELD 81122

Ownership

  • Current Owner : ALLEN MARY ELLEN
  • Current Owner 2: ALLEN SCOTT D
  • Previous Owner : MCCOMAS ALAN PRESTON
  • Previous Owner 2: CONNOR RUSSELYN W
  • Owner Before Previous Owner: GREEN MICHAEL E

Neighborhood

  • School District Name: Bayfield School District R-10-JT
  • Census Tract: 970601

Geography

  • Account Number: R021312
  • Parcel: R021312
  • Lot: 17
  • Latitude: 37.2932
  • Longitude: -107.697

    Address

  • Full Address: 8622 County Road 502
  • Address - House Number: 8622
  • Address - Street Name: County Road 502
  • State: CO
  • City Name: Bayfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 9003
  • Zip Code: 81122

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,127
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 2202

    Appraisal Valuation

  • Standard Deviation: 0.1892
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 75
  • Final Value: 829,492
  • High Value: 986,490
  • Low Value: 672,495

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $528,000
  • First Open Lien Mortgage Lender: FIRST UNITED BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Jul 29, 2021
  • First Open Lien Mortgage Loan Amount: $528,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2036

    Market Valuation

  • Market Total Value: $632,970
  • Market Land Value: $131,290
  • Market Improvement Value: $501,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,820
  • Assessed Land Value: $8,880
  • Assessed Improvements Value: $33,940

    Sales

  • Current Sale Contract Date: Jul 28, 2021
  • Current Sale Recording Date: Jul 29, 2021
  • Current Sale Transaction ID: 11845206625
  • Current Sale Price: $660,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1196761
  • Previous Sale Recording Date: Feb 02, 2007
  • Previous Sale Contract Date: Feb 02, 2007
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST UNITED BANK & TRUST CO
  • First Mortgage Transaction Date: Jul 29, 2021
  • First Mortgage Loan Amount: $528,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2036

About La Plata



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Frequently Asked Questions

What neighborhood is 8622 County Rd 502 located in?
The 8622 County Rd 502 is a located in the neighborhood of La Plata in La Plata, Bayfield.
What is the average sales price for listings in 8622 County Rd 502?
The average sales price for units in 8622 County Rd 502 is $0 currently.

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