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Longmont 80504
1401 Monarch Dr
$274,000
● House - Off Market

1401 Monarch Dr

Longmont, CO 80504
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,879 Ft²
$549,272
RealtyHop Estimate
99.74%
Since Jul 1, 2014
CO-Denver
Primary Model

About This Property

Rare offering of the Melody 5 Level Keystone! Unique floor plan has master on it's own level, step up across dramatic cat walk to secondary bedrooms.  Main level has eat-in kitchen with pantry, formal living and dining.  Step down to spacious family room and convenient laundry.  Buyers to verify square footage.
Unit Size
1,879 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$146
Property Type
House
Property Taxes
$143
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 (IRES MLS #736845)

Price History

Date / Event Date Event Price
Jun 13, 2014 Sold
Premium
Sold
May 27, 2014 Listed by Equity Colorado-Front Range $274,999
Listed by Equity Colorado-Front Range
Apr 1, 1998 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • 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: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,040
  • Garage Type: 1
  • Garage Square Area: 376
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,838
  • Total Building Area: 2,933
  • Gross Building Area: 2,933
  • Building Area: 2,337
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,337
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOX CREEK FARM FLG 4 - LG
  • Land Acres: 0000000226
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 36 BLK 4 FOX CREEK FARM FLG 4

Neighborhood

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

Geography

  • Assessors Map Reference: B6-M
  • Account Number: R0127489
  • Parcel: R0127489
  • Block: 4
  • Lot: 36
  • Meridian: SEC 36 TWN 3N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1849
  • Longitude: -105.07

    Address

  • Full Address: 1401 Monarch Dr
  • Address - House Number: 1401
  • Address - Street Name: Monarch
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Longmont
  • Carrier Code: R021
  • 4-Digit Zip Code: 8708
  • Zip Code: 80504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $300,474
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: May 17, 2023
  • Confidence Score: 78
  • Final Value: 605,193
  • High Value: 707,688
  • Low Value: 502,698

    Market Valuation

  • Market Total Value: $599,500
  • Market Land Value: $156,100
  • Market Improvement Value: $443,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,556
  • Assessed Land Value: $10,560
  • Assessed Improvements Value: $29,996

    Sales

  • Current Sale Contract Date: Jun 13, 2014
  • Current Sale Recording Date: Jun 13, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3385389
  • Previous Sale Recording Date: Apr 01, 1998
  • Previous Sale Contract Date: Mar 26, 1998
  • Previous Sale Amount: $154,557
  • 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

1977 ft²

Average Home Age

33.9 years

Currently For Sale

538 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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IRES

Listed by: Denia Hannon, Equity Colorado-Front Range
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 736845
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 1401 Monarch Drive built and last sold?
The property at 1401 Monarch Drive was built in 1997 and last sold on Jun 13, 2014 for $274,000.
How much is this home worth?
The estimated value of the home located at 1401 Monarch Drive is $0.
What are some comparable homes to 1401 Monarch Drive?
There are currently no comparable homes to 1401 Monarch Drive.
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