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Larimer 80545
131 Chippewa Way
$75,000
● Land - Off Market

131 Chippewa Way

Red Feather Lakes, CO 80545
bedrooms
Studio
bathrooms
0 Bath
$80,885
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Beautiful, level land for camping now, or build your mtn retreat where the moose stroll through. Many of the pines that needed removed have been taken care of. An abundance of trees & flowers, including Aspen groves. Approved firepit ready to go & electric already in use. Enjoy stocked fishing, hike & be outdoors in the woods. Dump/fill station in the neighborhood! Join in community festivities, or keep to yourself, either way, you'll love it here!
Unit Size
-
Days on Market
-
Land Size
1.17 acres
Price per sqft
-
Property Type
Land
Property Taxes
$92
HOA Dues
$75
Year Built
-

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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: 11 months ago (REcolorado MLS #4639745)

Price History

Date / Event Date Event Price
Apr 26, 2023 Sold
Premium
Sold
Oct 18, 2022 Listed by The Group Inc - Centerra $79,500
Listed by The Group Inc - Centerra
May 22, 2020 Sold
Premium
Sold
Jan 21, 2020 No longer available -
No longer available
Sep 4, 2019 Price Decreased $42,900
↓ $2K (4.5%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,965
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: CRYSTAL LAKES
  • Land Acres: 0000001170
  • Standard Land Use Code: 8010
  • County Land Use Code: 1119
  • Legal Description 1: LOT 140, CRYSTAL LAKES 8TH

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 002401

Zoning

  • Zoning: E1

Geography

  • Assessors Map Reference: 40122
  • Account Number: R0273066
  • Parcel: R0273066
  • Lot: 140
  • Meridian: SEC 12 TWN 10N RNG 74W
  • Municipality: OUTSIDE CITY LIMITS
  • Latitude: 40.8464
  • Longitude: -105.643

    Address

  • Full Address: 131 Chippewa Way
  • Address - House Number: 131
  • Address - Street Name: Chippewa
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Red Feather Lakes
  • Carrier Code: H063
  • 4-Digit Zip Code: 8863
  • Zip Code: 80545

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $260,763
  • Tax Rate Code Area: 1922

    Market Valuation

  • Market Total Value: $102,600
  • Market Land Value: $102,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $28,625
  • Assessed Land Value: $28,625

    Sales

  • Current Sale Contract Date: Apr 25, 2023
  • Current Sale Recording Date: Apr 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 16267
  • Previous Sale Recording Date: May 22, 2020
  • Previous Sale Contract Date: May 21, 2020
  • Previous Sale Amount: $41,000
  • 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 Larimer

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$284

Above Asking

83.42%

Average Days on Market

56

Average Home Size

2246 ft²

Average Home Age

27.9 years

Currently For Sale

3430 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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REcolorado

Listed by: Tracie Milton, The Group Inc - Centerra
Last Updated: 11 months ago
Data Source: REcolorado MLS, MLS# 4639745
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 131 Chippewa Way built and last sold?
The property at 131 Chippewa Way was built in and last sold on Apr 25, 2023 for $75,000.
How much is this home worth?
The estimated value of the home located at 131 Chippewa Way is $80,295.
What are some comparable homes to 131 Chippewa Way?
There are currently no comparable homes to 131 Chippewa Way.
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