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Longmont 80501
1114 Sumac Street
$615,000
● House - Off Market

1114 Sumac Street

Longmont, CO 80501
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,950 Ft²
$522,848
RealtyHop Estimate
-3.18%
Since Mar 1, 2022
CO-Denver
Primary Model

About This Property

This ranch + addition has everything! The updated kitchen sparkles with granite counters, solid maple cabinets, and stainless steel appliances. The main floor is perfect for entertaining with a huge living room/dining area. Large windows all around bring in tons of natural light wherever you need it. The addition contains a private master suite on the upper level that provides total privacy and the master bathroom has been beautifully remodeled with a spectacular dual head shower. Head out back to an outdoor entertainer's dream with two seating areas, a firepit, and thoughtful landscaping! Steps from Loomiller Park and Longmont High School.
Unit Size
1,950 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$277
Property Type
House
Property Taxes
$214
HOA Dues
-
Year Built
1963

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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 #RECIR957762)

Price History

Date / Event Date Event Price
Feb 22, 2022 Sold
Premium
Sold
Jan 20, 2022 Listed by RE/MAX of Boulder, Inc $540,000
Listed by RE/MAX of Boulder, Inc
Mar 9, 2017 Sold
Premium
Sold
Jul 11, 2013 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 16
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,610
  • Total Building Area: 1,950
  • Gross Building Area: 1,950
  • Building Area: 1,950
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,950
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SLEEPY HOLLOW - LG
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 8 BLK 2 SLEEPY HOLLOW

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013307

Geography

  • Assessors Map Reference: B2-M
  • Account Number: R0044857
  • Parcel: R0044857
  • Block: 2
  • Lot: 8
  • Meridian: SEC 33 TWN 3N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1782
  • Longitude: -105.125

    Address

  • Full Address: 1114 Sumac St
  • Address - House Number: 1114
  • Address - Street Name: Sumac
  • Address - Suffix Type: St
  • State: CO
  • City Name: Longmont
  • Carrier Code: C100
  • 4-Digit Zip Code: 3135
  • Zip Code: 80501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $313,684
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.2018
  • Valuation Date: May 17, 2023
  • Confidence Score: 72
  • Final Value: 617,619
  • High Value: 742,309
  • Low Value: 492,928

    Market Valuation

  • Market Total Value: $638,600
  • Market Land Value: $92,000
  • Market Improvement Value: $546,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,201
  • Assessed Land Value: $6,224
  • Assessed Improvements Value: $36,977

    Sales

  • Current Sale Contract Date: Feb 14, 2022
  • Current Sale Recording Date: Feb 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3946126
  • Previous Sale Recording Date: Mar 09, 2017
  • Previous Sale Contract Date: Mar 03, 2017
  • Previous Sale Amount: $350,000
  • 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 Longmont

Stats & Trends

Median Asking:

$545,000

Sale Price/ft²

$295

Above Asking

0.00%

Average Days on Market

51

Average Home Size

1979 ft²

Average Home Age

33.7 years

Currently For Sale

555 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 1114 Sumac Street built and last sold?
The property at 1114 Sumac Street was built in 1963 and last sold on Feb 14, 2022 for $615,000.
How much is this home worth?
The estimated value of the home located at 1114 Sumac Street is $552,336.
What are some comparable homes to 1114 Sumac Street?
There are currently no comparable homes to 1114 Sumac Street.
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