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Longmont 80501
1612 Adkinson Avenue
$465,000
● House - Off Market

1612 Adkinson Avenue

Longmont, CO 80501
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,699 Ft²
$453,741
RealtyHop Estimate
-2.42%
Since Jul 1, 2023
CO-Denver
Primary Model

About This Property

Fantastic opportunity for sweat equity! This affordable 2 story home with a new roof is situated on a generous lot in an established neighborhood with mature trees, walking distance to several of Longmont's premier parks, minutes from Main Street and groceries. Walk into the home to meet soaring ceilings brimming with natural light and luxury vinyl planking throughout the main level. The Kitchen boasts new stainless steel appliances, new cabinets, and solid-surface granite countertops! Venture upstairs and find a highly desirable floor plan. Primary Bedroom with 5-piece en-suite luxury bathroom, huge walk-in closet, and two bedrooms with jack and jill en-suite bathroom. The unfinished basement offers loads of storage and the opportunity for your custom finishes. Home has been pre-inspection for your peace of mind!
Unit Size
1,699 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$274
Property Type
House
Property Taxes
$208
HOA Dues
-
Year Built
1986

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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 (REcolorado MLS #RECIR987987)

Price History

Date / Event Date Event Price
Jun 28, 2023 Sold
Premium
Sold
May 17, 2023 Listed by Estate Professionals $465,000
Listed by Estate Professionals
Mar 31, 1987 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 693
  • Garage Type: 1
  • Garage Square Area: 399
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,049
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,791
  • Gross Building Area: 2,791
  • Building Area: 1,699
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,699
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODMEADOW 5 - LG
  • Land Acres: 0000000116
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 4 BLK 1 WOODMEADOW 5

Neighborhood

  • Census Tract: 013305

Geography

  • Assessors Map Reference: B2-J
  • Account Number: R0104854
  • Parcel: R0104854
  • Block: 1
  • Lot: 4
  • Municipality: LONGMONT
  • Latitude: 40.1955
  • Longitude: -105.118

    Address

  • Full Address: 1612 Adkinson Ave
  • Address - House Number: 1612
  • Address - Street Name: Adkinson
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Longmont
  • Carrier Code: C091
  • 4-Digit Zip Code: 7164
  • Zip Code: 80501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $249,728
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 77
  • Final Value: 508,914
  • High Value: 599,365
  • Low Value: 418,464

    Market Valuation

  • Market Total Value: $488,000
  • Market Land Value: $77,000
  • Market Improvement Value: $411,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,013
  • Assessed Land Value: $5,209
  • Assessed Improvements Value: $27,804

    Sales

  • Current Sale Contract Date: Jun 27, 2023
  • Current Sale Recording Date: Jun 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 4012603
  • Previous Sale Recording Date: Mar 31, 1987
  • Previous Sale Contract Date: Mar 31, 1987
  • Previous Sale Amount: $95,800
  • Previous Sale Document Type: 71
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

1966 ft²

Average Home Age

33.6 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

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Frequently Asked Questions

When was property at 1612 Adkinson Avenue built and last sold?
The property at 1612 Adkinson Avenue was built in 1986 and last sold on Jun 27, 2023 for $465,000.
How much is this home worth?
The estimated value of the home located at 1612 Adkinson Avenue is $0.
What are some comparable homes to 1612 Adkinson Avenue?
There are currently no comparable homes to 1612 Adkinson Avenue.
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