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Timnath 80524
1002 Larimer Ridge Parkway
$773,553
● House - Off Market

1002 Larimer Ridge Parkway

Timnath, CO 80547
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,236 Ft²
$904,389
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Grand open two story home with room to roam. Private home site backing to open space. 4 bedrooms, 3 baths, and 3-car garage. First floor main bedroom with luxurious bath. Soaring two story ceiling in the family room. Game room on second floor, lots of upgrades.
Unit Size
3,236 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$239
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2021

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (REcolorado MLS #RECIR931925)

Price History

Date / Event Date Event Price
Sep 26, 2022 Sold
Premium
Sold
Jul 29, 2022 Listed by American Legend Homes LLC $1,095,000
Listed by American Legend Homes LLC
Jul 6, 2021 Sold
Premium
Sold
Jan 22, 2021 Listed by American Legend Homes LLC $772,953
Listed by American Legend Homes LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 40
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 2,050
  • Garage Type: 1
  • Garage Square Area: 690
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 31
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,197
  • Total Building Area: 6,152
  • Gross Building Area: 6,152
  • Building Area: 3,412
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,412
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SERRATOGA FALLS 2ND FILING
  • Land Acres: 0000000234
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: LOT 13, BLOCK 21, SERRATOGA FALLS SECOND FILING, TIM (20160087296)

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 002506

Geography

  • Assessors Map Reference: 87142
  • Account Number: R1663662
  • Parcel: R1663662
  • Block: 21
  • Lot: 13
  • Meridian: SEC 14 TWN 7N RNG 68W
  • Municipality: TIMNATH
  • Latitude: 40.5754
  • Longitude: -104.976

    Address

  • Full Address: 1002 Larimer Ridge Pkwy
  • Address - House Number: 1002
  • Address - Street Name: Larimer Ridge
  • Address - Suffix Type: Pkwy
  • State: CO
  • City Name: Timnath
  • Carrier Code: R062
  • 4-Digit Zip Code: 4483
  • Zip Code: 80547

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $896,876
  • Tax Rate Code Area: 1648

    Appraisal Valuation

  • Standard Deviation: 0.1451
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 976,748
  • High Value: 1,118,544
  • Low Value: 834,952

    Market Valuation

  • Market Total Value: $881,700
  • Market Land Value: $113,500
  • Market Improvement Value: $768,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $59,074
  • Assessed Land Value: $7,605
  • Assessed Improvements Value: $51,469

    Sales

  • Current Sale Contract Date: Sep 23, 2022
  • Current Sale Recording Date: Sep 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 58343
  • Previous Sale Recording Date: Jul 06, 2021
  • Previous Sale Contract Date: Jun 30, 2021
  • Previous Sale Amount: $773,553
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Timnath

Stats & Trends

Median Asking:

$737,400

Sale Price/ft²

$266

Below Asking

0.02%

Average Days on Market

73

Average Home Size

3024 ft²

Average Home Age

7.8 years

Currently For Sale

127 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Frequently Asked Questions

When was property at 1002 Larimer Ridge Parkway built and last sold?
The property at 1002 Larimer Ridge Parkway was built in 2021 and last sold on Sep 23, 2022 for $1,080,000.
How much is this home worth?
The estimated value of the home located at 1002 Larimer Ridge Parkway is $0.
What are some comparable homes to 1002 Larimer Ridge Parkway?
There are currently no comparable homes to 1002 Larimer Ridge Parkway.
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