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Longmont 80504
1372 Monarch Drive
$523,000
● House - Off Market

1372 Monarch Drive

Longmont, CO 80504
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,368 Ft²
$2,792
Est. Monthly
$12
HOA / Fees
5.23%
Cap Rate

About This Property

UPDATED home in Fox Creek Farm community. SINCE 2019: * BRAND NEW ROOF Owens Corning Cat 4 * COMPLETE NEW KITCHEN (Cabinetry, Appliances, Quartz, Tile Backsplash, etc) * EXTENDED CONCRETE PATIO in Backyard with Hot Tub Included * EXTERIOR PAINT * Laminate HARDWOOD on Main Level & Stairs * INTERIOR PAINT * Smart Thermostat * Quiet street, little traffic, large lot with huge yard & shade trees. Home faces West, snow melts fast in the Winter...  cool shade in the backyard in the Summer... Open, bright layout with vaulted ceilings, a lower level guest room and bath, an unfinished basement (GREAT STORAGE), and Next Light HIGH SPEED INTERNET. Close to schools, shops & restaurants...  Come have a look at this beautiful home!
Unit Size
1,368 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$384
Property Type
House
Property Taxes
$202
HOA Dues
$12
Year Built
1997

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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 #RECIR1002842)

Price History

Date / Event Date Event Price
Mar 21, 2024 Sold
Premium
Sold
Feb 7, 2024 Listed by RE/MAX Nexus $525,000
Listed by RE/MAX Nexus
Feb 25, 2019 Sold
Premium
Sold
Aug 27, 2014 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 16
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 912
  • Garage Type: 1
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,794
  • Total Building Area: 2,204
  • Gross Building Area: 2,204
  • Building Area: 1,368
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,368
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOX CREEK FARM FLG 1 - LG
  • Land Acres: 0000000156
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 12 BLK 6 FOX CREEK FARM FLG 1

Neighborhood

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

Geography

  • Assessors Map Reference: B6-M
  • Account Number: R0123592
  • Parcel: R0123592
  • Block: 6
  • Lot: 12
  • Meridian: SEC 36 TWN 3N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1848
  • Longitude: -105.07

    Address

  • Full Address: 1372 Monarch Dr
  • Address - House Number: 1372
  • Address - Street Name: Monarch
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Longmont
  • Carrier Code: R021
  • 4-Digit Zip Code: 8705
  • Zip Code: 80504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $242,782
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.0686
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 96
  • Final Value: 523,641
  • High Value: 559,579
  • Low Value: 487,704

    Market Valuation

  • Market Total Value: $485,200
  • Market Land Value: $129,700
  • Market Improvement Value: $355,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,823
  • Assessed Land Value: $8,690
  • Assessed Improvements Value: $23,819

    Sales

  • Current Sale Contract Date: Mar 19, 2024
  • Current Sale Recording Date: Mar 21, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4040697
  • Previous Sale Recording Date: Feb 25, 2019
  • Previous Sale Contract Date: Feb 21, 2019
  • Previous Sale Amount: $375,000
  • 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

1970 ft²

Average Home Age

33.9 years

Currently For Sale

536 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 1372 Monarch Drive built and last sold?
The property at 1372 Monarch Drive was built in 1997 and last sold on Mar 19, 2024 for $523,000.
How much is this home worth?
The estimated value of the home located at 1372 Monarch Drive is $0.
What are some comparable homes to 1372 Monarch Drive?
There are currently no comparable homes to 1372 Monarch Drive.
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