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Longmont 80503
1608 Ithaca Court
$481,000
● House - Off Market

1608 Ithaca Court

Longmont, CO 80503
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,480 Ft²
$508,545
RealtyHop Estimate
8.20%
Since Sep 1, 2021
CO-Denver
Primary Model

About This Property

Delightful brick ranch home on quiet cul de sac, close to park and school. Large fenced yard with sprinkler system, and mature landscaping. Wood burning fireplace in family room off of kitchen. New paint and carpet. Oversized two car garage with lawn mower and other miscellaneous garden tools included, plus workbench and lots of storage. Dining room has large bay window over looking lush yard.
Unit Size
1,480 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$318
Property Type
House
Property Taxes
$205
HOA Dues
-
Year Built
1979

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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: 3 years ago (REcolorado MLS #RECIR944146)

Price History

Date / Event Date Event Price
Sep 11, 2023 Sold
Premium
Sold
Jul 31, 2023 Listed by WK Real Estate $557,500
Listed by WK Real Estate
Aug 12, 2021 Sold
Premium
Sold
Jun 24, 2021 Listed by WK Real Estate $470,000
Listed by WK Real Estate
Oct 30, 2015 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,409
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,984
  • Gross Building Area: 1,984
  • Building Area: 1,480
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,480
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LONGMONT ESTATES 8 - LG
  • Land Acres: 0000000216
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 13 BLK 2 LONGMONT ESTATES 8

Neighborhood

  • Census Tract: 013208

Geography

  • Assessors Map Reference: B2-H
  • Account Number: R0073591
  • Parcel: R0073591
  • Block: 2
  • Lot: 13
  • Municipality: LONGMONT
  • Latitude: 40.1868
  • Longitude: -105.15

    Address

  • Full Address: 1608 Ithaca Ct
  • Address - House Number: 1608
  • Address - Street Name: Ithaca
  • Address - Suffix Type: Ct
  • State: CO
  • City Name: Longmont
  • Carrier Code: C063
  • 4-Digit Zip Code: 2250
  • Zip Code: 80503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $265,888
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1704
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 78
  • Final Value: 555,769
  • High Value: 650,521
  • Low Value: 461,018

    Market Valuation

  • Market Total Value: $533,400
  • Market Land Value: $158,900
  • Market Improvement Value: $374,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,085
  • Assessed Land Value: $10,750
  • Assessed Improvements Value: $25,335

    Sales

  • Current Sale Contract Date: Sep 07, 2023
  • Current Sale Recording Date: Sep 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4021308
  • Previous Sale Recording Date: Aug 12, 2021
  • Previous Sale Contract Date: Jul 28, 2021
  • Previous Sale Amount: $481,000
  • 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:

$543,000

Sale Price/ft²

$295

Above Asking

0.00%

Average Days on Market

51

Average Home Size

1996 ft²

Average Home Age

33.6 years

Currently For Sale

543 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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Frequently Asked Questions

When was property at 1608 Ithaca Court built and last sold?
The property at 1608 Ithaca Court was built in 1979 and last sold on Sep 7, 2023 for $560,000.
How much is this home worth?
The estimated value of the home located at 1608 Ithaca Court is $0.
What are some comparable homes to 1608 Ithaca Court?
There are currently no comparable homes to 1608 Ithaca Court.
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