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Longmont 80504
1401 Mount Evans Dr
$525,000
● House - Off Market

1401 Mount Evans Dr

Longmont, CO 80504
bedrooms
2 Beds
bathrooms
2 Baths
square feet
2,100 Ft²
$514,407
RealtyHop Estimate
-2.02%
Since Sep 1, 2023
CO-Denver
Primary Model

About This Property

This home has been meticulously maintained and cared for with thoughtful updates including: New roof and gutters, complete kitchen remodel, updated main level bath, hardwood flooring, recessed lighting, high efficiency HVAC, tankless water heater, low-maintenance vinyl siding, new windows in most of the home, expanded driveway, and amazing outdoor living spaces to enjoy the mature gardens and serene back yard. Featuring 2 bedrooms, 1 and  3/4 baths, 3 season room, oversized 2 car garage, low maintenance brick and vinyl exterior. New roof: June 2023. Centrally located in Longmont.
Unit Size
2,100 Ft²
Days on Market
42 days
Land Size
0.17 acres
Price per sqft
$250
Property Type
House
Property Taxes
$180
HOA Dues
-
Year Built
1973

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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 #987991)

Price History

Date / Event Date Event Price
Oct 31, 2023 Sold
Premium
Sold
Aug 10, 2023 Sold
Premium
Sold
May 17, 2023 Listed by The Colorado Group $525,000
Listed by The Colorado Group
Nov 21, 1977 Sold
Premium
Sold
Jan 6, 1976 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 11
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,092
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,593
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,604
  • Gross Building Area: 2,988
  • Building Area: 2,184
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,184
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLTOP VILLAGE 3 - LG
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 7 BLK 4 HILLTOP VILLAGE 3

Neighborhood

  • Census Tract: 013507

Geography

  • Assessors Map Reference: B6-L
  • Account Number: R0040828
  • Parcel: R0040828
  • Block: 4
  • Lot: 7
  • Municipality: LONGMONT
  • Latitude: 40.1841
  • Longitude: -105.086

    Address

  • Full Address: 1401 Mount Evans Dr
  • Address - House Number: 1401
  • Address - Street Name: Mount Evans
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Longmont
  • Carrier Code: C065
  • 4-Digit Zip Code: 3024
  • Zip Code: 80504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $146,832
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.0673
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 96
  • Final Value: 521,634
  • High Value: 556,761
  • Low Value: 486,506

    Market Valuation

  • Market Total Value: $426,500
  • Market Land Value: $137,100
  • Market Improvement Value: $289,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,853
  • Assessed Land Value: $9,275
  • Assessed Improvements Value: $19,578

    Sales

  • Current Sale Contract Date: Oct 27, 2023
  • Current Sale Recording Date: Oct 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 4026837
  • Previous Sale Recording Date: Aug 10, 2023
  • Previous Sale Contract Date: Aug 09, 2023
  • Previous Sale Amount: $525,000
  • Previous Sale Document Type: 68
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: Joe Bennell, The Colorado Group
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 987991
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 Mt Evans Drive built and last sold?
The property at 1401 Mt Evans Drive was built in 1973 and last sold on Oct 27, 2023 for $525,000.
How much is this home worth?
The estimated value of the home located at 1401 Mt Evans Drive is $537,325.
What are some comparable homes to 1401 Mt Evans Drive?
There are currently no comparable homes to 1401 Mt Evans Drive.
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