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Longmont 80501
Undisclosed Address
$495,000
● House - Off Market

Undisclosed Address

Longmont, CO 80501
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,469 Ft²
$480,157
RealtyHop Estimate
-1.00%
Since Sep 1, 2022
CO-Denver
Primary Model

About This Property

Welcome to 1372 Parker Drive. Step through the shady coverage of the gorgeous mature trees out front and into this charming ranch floor plan. A spacious living space greets you flooded with light from the large window overlooking the backyard. The kitchen really is the heart of this home with tons of cabinet space, custom pull out drawers, and a built in desk workspace all expertly arranged to transition to a dining room complete with real wood fireplace! Just off the kitchen are two bedrooms and the guest bath. Cross the living space to the primary bedroom with ensuite bath and walk in closet! Out back, you'll find more mature trees shading the property, a storage shed, and a versatile 23ft x12ft finished workshop ready for tinkering and all set to accommodate your hobbies!
Unit Size
1,469 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$330
Property Type
House
Property Taxes
$144
HOA Dues
-
Year Built
1980

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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 (IRES MLS #970901)

Price History

Date / Event Date Event Price
Aug 19, 2022 No longer available -
No longer available
Aug 17, 2022 Sold
Premium
Sold
Jul 13, 2022 Listed by RE/MAX Alliance-FTC South $485,000
Listed by RE/MAX Alliance-FTC South
Sep 30, 2005 Sold
Premium
Sold
Jul 17, 1995 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 3
  • 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: 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: 385
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,323
  • Total Building Area: 1,940
  • Gross Building Area: 1,940
  • Building Area: 1,555
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,555
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MACY - LG
  • Land Acres: 0000000168
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 14 BLK 1 MACY

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013306

Geography

  • Assessors Map Reference: B2-J
  • Account Number: R0078067
  • Parcel: R0078067
  • Block: 1
  • Lot: 14
  • Meridian: SEC 27 TWN 3N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.2015
  • Longitude: -105.111

    Address

  • Full Address: 1372 Parker Dr
  • Address - House Number: 1372
  • Address - Street Name: Parker
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Longmont
  • Carrier Code: C094
  • 4-Digit Zip Code: 1036
  • Zip Code: 80501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $170,562
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: May 17, 2023
  • Confidence Score: 79
  • Final Value: 500,454
  • High Value: 583,466
  • Low Value: 417,442

    Market Valuation

  • Market Total Value: $481,800
  • Market Land Value: $97,700
  • Market Improvement Value: $384,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,593
  • Assessed Land Value: $6,609
  • Assessed Improvements Value: $25,984

    Sales

  • Current Sale Contract Date: Aug 16, 2022
  • Current Sale Recording Date: Aug 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3977270
  • Previous Sale Recording Date: Sep 30, 2005
  • Previous Sale Contract Date: Sep 29, 2005
  • Previous Sale Amount: $220,000
  • 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:

$544,000

Sale Price/ft²

$295

Above Asking

0.00%

Average Days on Market

51

Average Home Size

1979 ft²

Average Home Age

33.6 years

Currently For Sale

553 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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IRES

Listed by: Julia Udick, RE/MAX Alliance-FTC South
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 970901
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 1372 Parker Drive built and last sold?
The property at 1372 Parker Drive was built in 1980 and last sold on Aug 16, 2022 for $495,000.
How much is this home worth?
The estimated value of the home located at 1372 Parker Drive is $489,395.
What are some comparable homes to 1372 Parker Drive?
There are currently no comparable homes to 1372 Parker Drive.
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