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Berthoud 80513
1261 Phipps Lane
$600,000
● House - Off Market

1261 Phipps Lane

Berthoud, CO 80513
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,516 Ft²
$600,619
RealtyHop Estimate
0.10%
Since Oct 1, 2022
CO-Denver
Primary Model

About This Property

Beautiful, well maintained home on a corner lot located near TPC golf course and community. Open floor plan including primary bedroom and laundry on the main level. Large family room. Fully finished basement including a wet bar and 2 additional bedrooms and one full bath. Home is better than new with vinyl fencing & landscaping complete. Easy access to Hwy 287 & I-25. No HOA / home is part of a Metro District.
Unit Size
2,516 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$238
Property Type
House
Property Taxes
$411
HOA Dues
-
Year Built
2017

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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 #RECIR971327)

Price History

Date / Event Date Event Price
Sep 14, 2022 Sold
Premium
Sold
Jul 18, 2022 Listed by TopCO Realty $600,000
Listed by TopCO Realty
Jun 18, 2018 Sold
Premium
Sold
Nov 22, 2017 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,466
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 31
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Total Building Area: 3,373
  • Gross Building Area: 3,373
  • Building Area: 2,516
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,516
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAMMOND SUB
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: LOT 47, BLOCK 1, HAMMOND SUB, BER, (20160036862)

Neighborhood

  • School District Name: Thompson School District R-2J
  • Census Tract: 002602

Geography

  • Assessors Map Reference: 94101
  • Account Number: R1660993
  • Parcel: R1660993
  • Block: 1
  • Lot: 47
  • Meridian: SEC 10 TWN 4N RNG 69W
  • Municipality: BERTHOUD
  • Latitude: 40.3311
  • Longitude: -105.095

    Address

  • Full Address: 1261 Phipps Ln
  • Address - House Number: 1261
  • Address - Street Name: Phipps
  • Address - Suffix Type: Ln
  • State: CO
  • City Name: Berthoud
  • Carrier Code: R012
  • 4-Digit Zip Code: 7068
  • Zip Code: 80513

Valuation

    Tax

  • Total Area: 2,932
  • Tax Year: 2023
  • Tax Amount: $582,028
  • Tax Rate Code Area: 2426

    Appraisal Valuation

  • Standard Deviation: 0.1668
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 78
  • Final Value: 613,321
  • High Value: 715,669
  • Low Value: 510,974

    Market Valuation

  • Market Total Value: $543,400
  • Market Land Value: $113,500
  • Market Improvement Value: $429,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $36,408
  • Assessed Land Value: $7,605
  • Assessed Improvements Value: $28,803

    Sales

  • Current Sale Contract Date: Sep 13, 2022
  • Current Sale Recording Date: Sep 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 56313
  • Previous Sale Recording Date: Jun 18, 2018
  • Previous Sale Contract Date: Jun 15, 2018
  • Previous Sale Amount: $372,509
  • 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 Berthoud

Stats & Trends

Median Asking:

$599,990

Sale Price/ft²

$278

Below Asking

0.01%

Average Days on Market

65

Average Home Size

2719 ft²

Average Home Age

9.8 years

Currently For Sale

228 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

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Frequently Asked Questions

When was property at 1261 Phipps Lane built and last sold?
The property at 1261 Phipps Lane was built in 2017 and last sold on Sep 13, 2022 for $600,000.
How much is this home worth?
The estimated value of the home located at 1261 Phipps Lane is $0.
What are some comparable homes to 1261 Phipps Lane?
There are currently no comparable homes to 1261 Phipps Lane.
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