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Longmont 80504
1337 Reserve Drive
$676,000
● House - Off Market

1337 Reserve Drive

Longmont, CO 80504
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,202 Ft²
$713,186
RealtyHop Estimate
14.11%
Since May 1, 2021
CO-Denver
Primary Model

About This Property

Custom home located blocks from Ute Creek Golf course. Cathedral vaulted ceilings with wrap around floor plan is perfect for entertaining. The kitchen is open to the living room that offers granite countertops, glass backsplash, hood and stainless steel appliances. Covered patio with stamped concrete. Finished basement is light and bright with ample storage. Flex room in the basement that has a window could be turned into 6th bedroom.
Unit Size
4,202 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$149
Property Type
House
Property Taxes
$303
HOA Dues
$58
Year Built
2000

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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 #REC6462076)

Price History

Date / Event Date Event Price
Apr 13, 2021 Sold
Premium
Sold
Mar 25, 2021 Listed by Legacy Real Estate Group $625,000
Listed by Legacy Real Estate Group
Nov 13, 2018 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,459
  • Garage Type: 1
  • Garage Square Area: 673
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,850
  • Total Building Area: 4,875
  • Gross Building Area: 4,875
  • Building Area: 3,837
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,837
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING VALLEY PHASE 4 - LG
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 3 BLK 3 SPRING VALLEY PHASE 4

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013508

Geography

  • Account Number: R0130820
  • Subdivision Phase Number: 4
  • Parcel: R0130820
  • Block: 3
  • Lot: 3
  • Meridian: SEC 25 TWN 3N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1893
  • Longitude: -105.068

    Address

  • Full Address: 1337 Reserve Dr
  • Address - House Number: 1337
  • Address - Street Name: Reserve
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Longmont
  • Carrier Code: R033
  • 4-Digit Zip Code: 2672
  • Zip Code: 80504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $400,202
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1464
  • Valuation Date: May 17, 2023
  • Confidence Score: 82
  • Final Value: 782,160
  • High Value: 896,698
  • Low Value: 667,622

    Market Valuation

  • Market Total Value: $792,600
  • Market Land Value: $126,500
  • Market Improvement Value: $666,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,620
  • Assessed Land Value: $8,558
  • Assessed Improvements Value: $45,062

    Sales

  • Current Sale Contract Date: Apr 12, 2021
  • Current Sale Recording Date: Apr 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3876597
  • Previous Sale Recording Date: Nov 13, 2018
  • Previous Sale Contract Date: Nov 09, 2018
  • Previous Sale Amount: $555,000
  • 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 Longmont

Stats & Trends

Median Asking:

$545,000

Sale Price/ft²

$295

Above Asking

0.00%

Average Days on Market

51

Average Home Size

1974 ft²

Average Home Age

33.9 years

Currently For Sale

557 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 1337 Reserve Drive built and last sold?
The property at 1337 Reserve Drive was built in 2000 and last sold on Apr 12, 2021 for $676,000.
How much is this home worth?
The estimated value of the home located at 1337 Reserve Drive is $0.
What are some comparable homes to 1337 Reserve Drive?
There are currently no comparable homes to 1337 Reserve Drive.
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