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Sterling 80751
1144 Delmar St
$200,000
● House - Off Market

1144 Delmar St

Sterling, CO 80751
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,308 Ft²
$225,377
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Quality custom-built brick home, one level with large open space.  The master bedroom is double long with 2 closets and could be divided into two.  Large bathroom has a new custom shower with handicap bars for safety.  The living room features a full wall brick fireplace.  Whole house fan and new blinds cover the front picture window and NEW sliding door to patio. Attached 1-car garage, work bench, new hot water heat boiler, leased water softener and large storage room. $5000 floor covering allowance.  The exterior has a cement patio in backyard, sprinkler system and built-in bench seating.  One owner home. Locals will recognize builder, Merlin Berg, who designed and built the home from scratch in 1962, the last of 14 homes he built around Sterling.  The sewer line was replaced to the sewer tap out front in 2022.
Unit Size
1,308 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$172
Property Type
House
Property Taxes
$40
HOA Dues
-
Year Built
1962

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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 (IRES MLS #986084)

Price History

Date / Event Date Event Price
Jun 16, 2023 Sold
Premium
Sold
Apr 21, 2023 Listed by RE/MAX Homestead Northeast $225,000
Listed by RE/MAX Homestead Northeast

Property Highlights

Garage
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1968
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 3
  • 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: 1
  • Garage Square Area: 496
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,797
  • Lot Size Depth Feet: 1,053
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,308
  • Building Area: 1,308
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,308
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAGATZ 3RD ADDN
  • Land Acres: 0000000179
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 4 BLK 4 RAGATZ 3RD ADDN STERLING

Neighborhood

  • School District Name: Valley School District RE-1
  • School Tax School District: RE-1
  • Census Tract: 966300

Geography

  • Parcel: 2752000
  • Block: 4
  • Lot: 4
  • Municipality: STERLING
  • Latitude: 40.6162
  • Longitude: -103.228

    Address

  • Full Address: 1144 Delmar St
  • Address - House Number: 1144
  • Address - Street Name: Delmar
  • Address - Suffix Type: St
  • State: CO
  • City Name: Sterling
  • Carrier Code: C003
  • 4-Digit Zip Code: 3707
  • Zip Code: 80751

Valuation

    Tax

  • Total Area: 1,308
  • Tax Year: 2023
  • Tax Amount: $36,436
  • Tax Rate Code Area: 117

    Appraisal Valuation

  • Standard Deviation: 0.2536
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 64
  • Final Value: 231,430
  • High Value: 290,124
  • Low Value: 172,736

    Market Valuation

  • Market Total Value: $168,210
  • Market Land Value: $31,170
  • Market Improvement Value: $137,040

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $11,690
  • Assessed Land Value: $2,170
  • Assessed Improvements Value: $9,520

    Sales

  • Current Sale Contract Date: Jun 15, 2023
  • Current Sale Recording Date: Jun 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 766595
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:

$229,000

Sale Price/ft²

$165

Above Asking

7.61%

Average Days on Market

63

Average Home Size

1454 ft²

Average Home Age

84.2 years

Currently For Sale

107 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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IRES

Listed by: Michele Owen, RE/MAX Homestead Northeast
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 986084
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 1144 Delmar Street built and last sold?
The property at 1144 Delmar Street was built in 1962 and last sold on Jun 15, 2023 for $200,000.
How much is this home worth?
The estimated value of the home located at 1144 Delmar Street is $0.
What are some comparable homes to 1144 Delmar Street?
There are currently no comparable homes to 1144 Delmar Street.
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