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Longmont 80503
1218 Milner Lane
$485,000
● House - Off Market

1218 Milner Lane

Longmont, CO 80503
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,326 Ft²
$485,823
RealtyHop Estimate
8.20%
Since Sep 1, 2021
CO-Denver
Primary Model

About This Property

This charming ranch in West Longmont is just a delight. Bright open floor plan opening onto nice patio and fenced back yard.  Laminate and tile flooring make for easy care with designer colors on walls.  Cute cozy family room with fireplace off the kitchen is a great place  for relaxing.  Updated baths with jetted tub in primary bath.   This home is just clean and neat and will be a pleasure to call this home.  Note this home has central air and  2 car garage.   You will enjoy the fenced back yard with patio, storage shed,  and large tree.  Great tucked away neighborhood  west of Hover convenient to shopping and amenities.
Unit Size
1,326 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$339
Property Type
House
Property Taxes
$203
HOA Dues
-
Year Built
1975

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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 #RECIR946643)

Price History

Date / Event Date Event Price
Aug 26, 2021 Sold
Premium
Sold
Jul 22, 2021 Listed by Compass - Boulder $449,000
Listed by Compass - Boulder
Sep 4, 2018 No longer available -
No longer available
Aug 24, 2018 Sold
Premium
Sold
Aug 14, 2018 Listed by Compass - Boulder $349,900
Listed by Compass - Boulder
Show More

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 11
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,740
  • Total Building Area: 1,806
  • Gross Building Area: 1,806
  • Building Area: 1,326
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,326
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MONTVIEW PARK 1 & AMD BLKS 8 & 9 LG
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 9 BLK 7 MONTVIEW PARK 1

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013208

Geography

  • Assessors Map Reference: B2-J
  • Account Number: R0045623
  • Parcel: R0045623
  • Block: 7
  • Lot: 9
  • Meridian: SEC 32 TWN 3N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1793
  • Longitude: -105.134

    Address

  • Full Address: 1218 Milner Ln
  • Address - House Number: 1218
  • Address - Street Name: Milner
  • Address - Suffix Type: Ln
  • State: CO
  • City Name: Longmont
  • Carrier Code: C085
  • 4-Digit Zip Code: 3631
  • Zip Code: 80503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $261,830
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.2076
  • Valuation Date: May 17, 2023
  • Confidence Score: 71
  • Final Value: 521,506
  • High Value: 629,771
  • Low Value: 413,240

    Market Valuation

  • Market Total Value: $519,100
  • Market Land Value: $134,500
  • Market Improvement Value: $384,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,117
  • Assessed Land Value: $9,099
  • Assessed Improvements Value: $26,018

    Sales

  • Current Sale Contract Date: Aug 18, 2021
  • Current Sale Recording Date: Aug 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3909933
  • Previous Sale Recording Date: Aug 24, 2018
  • Previous Sale Contract Date: Aug 20, 2018
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: 54
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 1218 Milner Lane built and last sold?
The property at 1218 Milner Lane was built in 1975 and last sold on Aug 18, 2021 for $485,000.
How much is this home worth?
The estimated value of the home located at 1218 Milner Lane is $449,629.
What are some comparable homes to 1218 Milner Lane?
There are currently no comparable homes to 1218 Milner Lane.
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