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1551 Mockingbird Trl
$565,000
● House - Off Market

1551 Mockingbird Trl

Bailey, CO 80421
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,184 Ft²
$615,864
RealtyHop Estimate
7.11%
Since Nov 1, 2021
CO-Denver
Primary Model

About This Property

1.2 acres with a large garage perched at nearly the top of the Burland Ranchettes subdivision! When you stand on the large wooden deck, or look out the front picture window, miles of views abound of the Pike National forest. This is truly peaceful living. The home features 4 Bedrooms , 3 Bathrooms, a 2 car detached garage (deep enough to fit the owners 1 ton truck), a finished basement, open layout, a fire pit with a large area for gathering, a voluntary HOA, beautiful flooring and much more. This home is located right by hiking trails, a disc golf course, fishing and all of the mountain amenities you've been waiting for. There are 3 major grocery stores, shopping dining and all the amenities you need within a 30 minute drive. This home was appraised in June for $600,000. Come take a look today. This will not last!
Unit Size
2,184 Ft²
Days on Market
-
Land Size
1.20 acres
Price per sqft
$263
Property Type
House
Property Taxes
$143
HOA Dues
$2
Year Built
1983

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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: 11 months ago (REcolorado MLS #5075282)

Price History

Date / Event Date Event Price
Oct 5, 2021 Sold
Premium
Sold
Aug 9, 2021 Listed by RE/MAX Alliance $575,000
Listed by RE/MAX Alliance
Aug 6, 2019 Sold
Premium
Sold
Jul 5, 2017 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1991
  • Total Rooms: 4
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,092
  • Garage Type: 4
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,272
  • Total Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BURLAND RCH UNIT 13
  • Land Acres: 0000001200
  • Standard Land Use Code: 1001
  • Legal Description 1: T07 R72 S26 NW4 BURLAND RANCHETTES UNIT 13 LOT 04

Neighborhood

  • School District Name: Platte Canyon School District 1
  • Census Tract: 000200

Geography

  • Account Number: 15890
  • Parcel: R0015890
  • Lot: 4
  • Latitude: 39.4113
  • Longitude: -105.421

    Address

  • Full Address: 1551 Mockingbird Trl
  • Address - House Number: 1551
  • Address - Street Name: Mockingbird
  • Address - Suffix Type: Trl
  • State: CO
  • City Name: Bailey
  • Carrier Code: R003
  • 4-Digit Zip Code: 2038
  • Zip Code: 80421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $218,214
  • Tax Rate Code Area: 0005

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 635,722
  • High Value: 743,134
  • Low Value: 528,310

    Market Valuation

  • Market Total Value: $438,270
  • Market Land Value: $72,347
  • Market Improvement Value: $365,923

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,460
  • Assessed Land Value: $5,030
  • Assessed Improvements Value: $25,430

    Sales

  • Current Sale Contract Date: Oct 04, 2021
  • Current Sale Recording Date: Oct 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 785193
  • Previous Sale Recording Date: Aug 06, 2019
  • Previous Sale Contract Date: Aug 05, 2019
  • Previous Sale Amount: $445,000
  • 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 Park

Stats & Trends

Median Asking:

$590,000

Sale Price/ft²

$329

Below Asking

0.03%

Average Days on Market

65

Average Home Size

1880 ft²

Average Home Age

31.9 years

Currently For Sale

586 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: Douglas Steinhour, RE/MAX Alliance
Last Updated: 11 months ago
Data Source: REcolorado MLS, MLS# 5075282
© 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 1551 Mockingbird Trail built and last sold?
The property at 1551 Mockingbird Trail was built in 1983 and last sold on Oct 4, 2021 for $565,000.
How much is this home worth?
The estimated value of the home located at 1551 Mockingbird Trail is $0.
What are some comparable homes to 1551 Mockingbird Trail?
There are currently no comparable homes to 1551 Mockingbird Trail.
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