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Longmont 80504
1527 Otis Dr
$547,500
● House - Off Market

1527 Otis Dr

Longmont, CO 80504
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,296 Ft²
$686,248
RealtyHop Estimate
25.92%
Since Jan 1, 2021
CO-Denver
Primary Model

About This Property

Stunning home flooded with sunlight throughout. Enjoy the spacious feeling with an open floor plan and vaulted ceilings. Kitchen is a cook's delight with large island, gas stove, and granite countertops. Views from the master bedroom with vaulted ceilings, large master closet, and 5 piece master bath. Lots of living in this home with finished basement allowing flexible living. Recreation room with wet bar, additional rooms offers many options, wine cellar, office, work out space. Large room can be a workshop delight or a great hangout area. Home backs to open space, offering privacy with mountain views. Enjoy outdoor living with pergola over patio and remote control shades providing comfort from the sun. Easy access to nearby trails, parks and Union Reservoir.
Unit Size
3,296 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$165
Property Type
House
Property Taxes
$291
HOA Dues
$140
Year Built
2015

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 12 months ago (REcolorado MLS #8895778)

Price History

Date / Event Date Event Price
Dec 7, 2020 Sold
Premium
Sold
Nov 6, 2020 Listed by RE/MAX of Boulder $545,000
Listed by RE/MAX of Boulder
Feb 18, 2016 Sold
Premium
Sold
Aug 31, 2015 Listed by RE/MAX of Boulder $465,302
Listed by RE/MAX of Boulder

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,018
  • Garage Type: 1
  • Garage Square Area: 598
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,740
  • Total Building Area: 4,083
  • Gross Building Area: 4,083
  • Building Area: 3,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,296
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EASTGATE FLG 1
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 24 BLK 1 EASTGATE FLG 1 LESS MIN

Neighborhood

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

Geography

  • Account Number: R0509513
  • Parcel: R0509513
  • Block: 1
  • Lot: 24
  • Meridian: SEC 36 TWN 3N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1874
  • Longitude: -105.062

    Address

  • Full Address: 1527 Otis Dr
  • Address - House Number: 1527
  • Address - Street Name: Otis
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Longmont
  • Carrier Code: R021
  • 4-Digit Zip Code: 1764
  • Zip Code: 80504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $386,388
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: May 17, 2023
  • Confidence Score: 79
  • Final Value: 755,490
  • High Value: 880,806
  • Low Value: 630,174

    Market Valuation

  • Market Total Value: $763,800
  • Market Land Value: $131,600
  • Market Improvement Value: $632,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,671
  • Assessed Land Value: $8,903
  • Assessed Improvements Value: $42,768

    Sales

  • Current Sale Contract Date: Dec 04, 2020
  • Current Sale Recording Date: Dec 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3839351
  • Previous Sale Recording Date: Feb 18, 2016
  • Previous Sale Contract Date: Feb 17, 2016
  • Previous Sale Amount: $468,685
  • 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:

$545,000

Sale Price/ft²

$295

Above Asking

0.00%

Average Days on Market

52

Average Home Size

1979 ft²

Average Home Age

34.2 years

Currently For Sale

552 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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REcolorado

Listed by: Maureen McCarthy, RE/MAX of Boulder
Last Updated: 12 months ago
Data Source: REcolorado MLS, MLS# 8895778
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1527 Otis Drive built and last sold?
The property at 1527 Otis Drive was built in 2015 and last sold on Dec 4, 2020 for $547,500.
How much is this home worth?
The estimated value of the home located at 1527 Otis Drive is $583,720.
What are some comparable homes to 1527 Otis Drive?
There are currently no comparable homes to 1527 Otis Drive.
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