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Longmont 80501
1557 Sumner St
$535,000
● House - Off Market

1557 Sumner St

Longmont, CO 80501
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,215 Ft²
$2,873
Est. Monthly

About This Property

Very Desirable Established West Point Neighborhood. This well-loved raised ranch home offers you the possibility of generational living w/ 2 master suites. One on the main level & the other on the upper level PLUS a third area in the 75% finished basement w/ a large family room, bedroom & 3/4 bathroom. Everyone can have their own living space. Unfinished area offers a workshop for all those DYI projects. Sunroom off the LR and DR area creating lots of natural light and warmth. This lovely home has NEW Outside and Inside Paint, NEW roof, Pop-Corn ceiling is gone, NEW Skylights, Some NEW Windows. Alley access & RV parking. Several Raised Garden Beds. NO HOA or METRO TAX. Radon System Installed. Close to schools and shopping. This home shows well and can close quickly.
Unit Size
2,215 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$246
Property Type
House
Property Taxes
$196
HOA Dues
-
Year Built
1983

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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: 4 months ago (REcolorado MLS #IRE9031220)

Price History

Date / Event Date Event Price
Dec 27, 2023 Sold
Premium
Sold
Nov 13, 2023 Listed $545,000
Listed
Apr 3, 1984 Sold
Premium
Sold
Jul 21, 1983 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 41
  • Exterior Walls Type: 16
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,298
  • Garage Type: 1
  • Garage Square Area: 594
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,271
  • Total Building Area: 3,550
  • Gross Building Area: 3,550
  • Building Area: 2,215
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,215
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEST POINT ADD 3 FILING 3 - LG
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 22 BLK 3 WEST POINT ADD 3 FILING 3

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013307

Geography

  • Assessors Map Reference: B2-J
  • Account Number: R0086951
  • Parcel: R0086951
  • Block: 3
  • Lot: 22
  • Meridian: SEC 33 TWN 3N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1866
  • Longitude: -105.12

    Address

  • Full Address: 1557 Sumner St
  • Address - House Number: 1557
  • Address - Street Name: Sumner
  • Address - Suffix Type: St
  • State: CO
  • City Name: Longmont
  • Carrier Code: C089
  • 4-Digit Zip Code: 2542
  • Zip Code: 80501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $235,418
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.0674
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 96
  • Final Value: 550,991
  • High Value: 588,134
  • Low Value: 513,849

    Market Valuation

  • Market Total Value: $611,100
  • Market Land Value: $102,900
  • Market Improvement Value: $508,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,341
  • Assessed Land Value: $6,961
  • Assessed Improvements Value: $34,380

    Sales

  • Current Sale Contract Date: Dec 21, 2023
  • Current Sale Recording Date: Dec 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 4032250
  • Previous Sale Recording Date: Apr 03, 1984
  • Previous Sale Contract Date: Apr 03, 1984
  • Previous Sale Amount: $112,000
  • Previous Sale Document Type: 27
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:

$549,000

Sale Price/ft²

$295

Above Asking

0.00%

Average Days on Market

52

Average Home Size

1963 ft²

Average Home Age

33.5 years

Currently For Sale

539 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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REcolorado

Listed by: Claudia Archuleta,
Last Updated: 4 months ago
Data Source: REcolorado MLS, MLS# IRE9031220
© 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 1557 Sumner Street built and last sold?
The property at 1557 Sumner Street was built in 1983 and last sold on Dec 21, 2023 for $535,000.
How much is this home worth?
The estimated value of the home located at 1557 Sumner Street is $558,376.
What are some comparable homes to 1557 Sumner Street?
There are currently no comparable homes to 1557 Sumner Street.
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