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Longmont 80503
1120 Alder Way
$770,000
● House - Off Market

1120 Alder Way

Longmont, CO 80503
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,650 Ft²
$653,623
RealtyHop Estimate
-6.61%
Since May 1, 2022
CO-Denver
Primary Model

About This Property

Oh this is the one that you've been waiting for! Tucked at the end of a quiet cul de sac, adjacent to neighborhood park and boasting an enormous backyard complete with playset, this modern home has it all. Vaulted ceilings and incredible natural light welcome you to the open main floor with formal living and dining rooms, spacious kitchen and charming living room with towering ceilings and gas fireplace. Upstairs, 3 bedrooms await with 2 spotless bathrooms. The basement is a blank canvas and offers room to grow. With a 2 car attached garage, access to well-ranked schools, fantastic trails, local dining and shopping and just a quick trip to Boulder, this is an amazing space to call home!
Unit Size
1,650 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$424
Property Type
House
Property Taxes
$240
HOA Dues
$52
Year Built
1994

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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 #RECIR961754)

Price History

Date / Event Date Event Price
May 2, 2022 Sold
Premium
Sold
Mar 30, 2022 Listed by Sundberg Real Estate $699,900
Listed by Sundberg Real Estate
Apr 17, 1995 Sold
Premium
Sold
Mar 24, 1993 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 16
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 868
  • Garage Type: 1
  • Garage Square Area: 474
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,351
  • Total Building Area: 2,992
  • Gross Building Area: 2,992
  • Building Area: 1,650
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,650
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWVIEW FILING NO 1 - LG
  • Land Acres: 0000000215
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 27 BLK 2 MEADOWVIEW FILING 1

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013212

Geography

  • Assessors Map Reference: B4-B
  • Account Number: R0115038
  • Parcel: R0115038
  • Block: 2
  • Lot: 27
  • Meridian: SEC 07 TWN 2N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1461
  • Longitude: -105.15

    Address

  • Full Address: 1120 Alder Way
  • Address - House Number: 1120
  • Address - Street Name: Alder
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Longmont
  • Carrier Code: R024
  • 4-Digit Zip Code: 7647
  • Zip Code: 80503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $283,906
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 76
  • Final Value: 732,214
  • High Value: 863,477
  • Low Value: 600,950

    Market Valuation

  • Market Total Value: $694,000
  • Market Land Value: $212,800
  • Market Improvement Value: $481,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,949
  • Assessed Land Value: $14,396
  • Assessed Improvements Value: $32,553

    Sales

  • Current Sale Contract Date: Apr 28, 2022
  • Current Sale Recording Date: May 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3959433
  • Previous Sale Recording Date: Apr 17, 1995
  • Previous Sale Contract Date: Apr 14, 1995
  • Previous Sale Amount: $170,636
  • 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:

$549,000

Sale Price/ft²

$295

Above Asking

0.00%

Average Days on Market

52

Average Home Size

1963 ft²

Average Home Age

33.5 years

Currently For Sale

539 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 1120 Alder Way built and last sold?
The property at 1120 Alder Way was built in 1994 and last sold on Apr 28, 2022 for $770,000.
How much is this home worth?
The estimated value of the home located at 1120 Alder Way is $704,351.
What are some comparable homes to 1120 Alder Way?
There are currently no comparable homes to 1120 Alder Way.
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