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Weld 80504
10462 Lower Ridge Road
$420,000
● House - Off Market

10462 Lower Ridge Road

Longmont, CO 80504
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,552 Ft²
$405,006
RealtyHop Estimate
8.00%
Since Oct 1, 2021
CO-Denver
Primary Model

About This Property

A great buy for Longmont!  Close to I-25 is perfect for commuting to Denver or Fort Collins and a quick 15 min ride into Longmont for shopping,  fun times, music, brews and more... This home backs to an open space and has a community park and play ground near by.  Built in 2006 there is  little work to do, so you can enjoy your time at home and your spare time for heading to the mountains or inner tubing on the St. Vain River, Union Reservoir or McIntosh Lake.  Finding a home that needs little attention in this price range is rare! A must see.  check out the virtual tour..
Unit Size
1,552 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$242
Property Type
House
Property Taxes
-
HOA Dues
$70
Year Built
2006

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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: 3 years ago (REcolorado MLS #RECIR947803)

Price History

Date / Event Date Event Price
Oct 12, 2021 Sold
Premium
Sold
Sep 2, 2021 Sold
Premium
Sold
Aug 5, 2021 Listed by Equity Colorado-Front Range $375,000
Listed by Equity Colorado-Front Range
Sep 21, 2018 No longer available -
No longer available
Sep 18, 2018 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 40
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 379
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,800
  • Total Building Area: 1,931
  • Gross Building Area: 1,931
  • Building Area: 1,552
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,552
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IDAHO CREEK SUB AM
  • Land Acres: 0000000064
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: ICA L61 BLK1 IDAHO CREEK AMD

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 002010

Geography

  • Assessors Map Reference: MAP 2453
  • Account Number: R1655402
  • Parcel: R1655402
  • Block: 1
  • Lot: 61
  • Meridian: SEC 10 TWN 2N RNG 68W
  • Latitude: 40.1548
  • Longitude: -104.985

    Address

  • Full Address: 10462 Lower Ridge Rd
  • Address - House Number: 10462
  • Address - Street Name: Lower Ridge
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Longmont
  • Carrier Code: R023
  • 4-Digit Zip Code: 6452
  • Zip Code: 80504

Valuation

    Tax

  • Total Area: 1,552
  • Tax Year: 2023
  • Tax Amount: $247,618
  • Tax Rate Code Area: 2341

    Appraisal Valuation

  • Standard Deviation: 0.1313
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 85
  • Final Value: 451,882
  • High Value: 511,219
  • Low Value: 392,544

    Market Valuation

  • Market Total Value: $448,174
  • Market Land Value: $86,000
  • Market Improvement Value: $362,174

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,030
  • Assessed Land Value: $5,760
  • Assessed Improvements Value: $24,270

    Sales

  • Current Sale Contract Date: Sep 02, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4764919
  • Previous Sale Recording Date: Sep 18, 2018
  • Previous Sale Contract Date: Sep 14, 2018
  • Previous Sale Amount: $322,000
  • Previous Sale Document Type: 71
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 Weld

Stats & Trends

Median Asking:

$496,145

Sale Price/ft²

$246

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2228 ft²

Average Home Age

22.4 years

Currently For Sale

3046 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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Frequently Asked Questions

When was property at 10462 Lower Ridge Road built and last sold?
The property at 10462 Lower Ridge Road was built in 2006 and last sold on Sep 2, 2021 for $420,000.
How much is this home worth?
The estimated value of the home located at 10462 Lower Ridge Road is $0.
What are some comparable homes to 10462 Lower Ridge Road?
There are currently no comparable homes to 10462 Lower Ridge Road.
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