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Sterling 80751
1005 N 7th Ave
$185,000
● House - Off Market

1005 N 7th Ave

Sterling, CO 80751
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,188 Ft²
$230,043
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

START 2021 OFF RIGHT WITH YOUR OWN HOUSE! UPDATED HOME ON THE EDGE OF TOWN FOR QUIETNESS AND STILL CLOSE TO EVERYTHING. HUGE BACKYARD, TWO CAR GARAGE, UPDATED BATHROOM, UPDATED INSULATION, UPDATED WINDOWS, NEWER ROOF, SOME UPDATED ELECTRIC, NEW FLOORING, NEW WATER HEATER, WASHER AND NEWER DRYER STAY WITH HOME, NEW PAINT, NEW FENCE AND NEW DOOR HARDWARE. COZY EATING AREA, INVITING LIVING ROOM, THIS HOME IS THE PERFECT STARTER HOME OR INVESTMENT PROPERTY CLOSE TO MIDDLE SCHOOL AND HIGH SCHOOL.
Unit Size
1,188 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$156
Property Type
House
Property Taxes
$64
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 9 months ago (REcolorado MLS #IRE3712068)

Price History

Date / Event Date Event Price
Dec 19, 2022 Sold
Premium
Sold
Feb 19, 2021 Sold
Premium
Sold
Jan 6, 2021 Listed $185,000
Listed
Jul 7, 2017 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1971
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,193
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 680
  • Total Building Area: 1,188
  • Building Area: 1,188
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,188
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAMEY MCKNIGHT SUBD
  • Land Acres: 0000000234
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 7 BLK 1 RAMEY-MCKNIGHTS SUBD 30-08-52

Neighborhood

  • School District Name: Valley School District RE-1
  • School Tax School District: RE-1
  • Census Tract: 966102

Geography

  • Parcel: 1922000
  • Block: 1
  • Lot: 7
  • Municipality: STERLING
  • Latitude: 40.6383
  • Longitude: -103.222

    Address

  • Full Address: 1005 N 7th Ave
  • Address - House Number: 1005
  • Street Direction: N
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Sterling
  • Carrier Code: R003
  • 4-Digit Zip Code: 2947
  • Zip Code: 80751

Valuation

    Tax

  • Total Area: 1,188
  • Tax Year: 2023
  • Tax Amount: $59,354
  • Tax Rate Code Area: 117

    Appraisal Valuation

  • Standard Deviation: 0.2497
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 64
  • Final Value: 229,150
  • High Value: 286,371
  • Low Value: 171,929

    Market Valuation

  • Market Total Value: $149,850
  • Market Land Value: $25,500
  • Market Improvement Value: $124,350

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,410
  • Assessed Land Value: $1,770
  • Assessed Improvements Value: $8,640

    Sales

  • Current Sale Contract Date: Dec 16, 2022
  • Current Sale Recording Date: Dec 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 764535
  • Previous Sale Recording Date: Feb 19, 2021
  • Previous Sale Contract Date: Feb 19, 2021
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: 68
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 Sterling

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$167

Above Asking

7.49%

Average Days on Market

64

Average Home Size

1413 ft²

Average Home Age

84.8 years

Currently For Sale

106 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

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REcolorado

Listed by: Danny Hoeft,
Last Updated: 9 months ago
Data Source: REcolorado MLS, MLS# IRE3712068
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1005 North 7th Avenue built and last sold?
The property at 1005 North 7th Avenue was built in 1955 and last sold on Dec 16, 2022 for $240,000.
How much is this home worth?
The estimated value of the home located at 1005 North 7th Avenue is $0.
What are some comparable homes to 1005 North 7th Avenue?
There are currently no comparable homes to 1005 North 7th Avenue.
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