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Mead 80542
16971 Potts Place
$545,000
● House - Off Market

16971 Potts Place

Mead, CO 80542
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,357 Ft²
$591,630
RealtyHop Estimate
9.56%
Since Jul 1, 2021
CO-Denver
Primary Model

About This Property

This open & bright home sits on a low traffic street across from a neighborhood pocket park. Here you'll find a functional floorplan that offers a kitchen easy to entertain in that overlooks the large great room with a cozy fireplace, a main floor study & dining space.  Head upstairs to find 3 spacious bedrooms, the laundry & a large primary bedroom with a huge 5 piece bath. Enjoy the back yard with a large patio, covered pavilion, firepit/pizza grill, a play structure and mature landscaping.  Coyote Run is a very desirable community that has a great park and offers bussing to school. Brand new carpet, roof replaced in 2018 and 2020 h20 tank. Full unfinished basement. NO METRO
Unit Size
2,357 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$229
Property Type
House
Property Taxes
$245
HOA Dues
$85
Year Built
2005

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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 #RECIR937703)

Price History

Date / Event Date Event Price
Jun 14, 2021 Sold
Premium
Sold
Apr 14, 2021 Listed by RE/MAX Nexus $540,000
Listed by RE/MAX Nexus
Sep 17, 2013 Sold
Premium
Sold
Jan 22, 2013 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,146
  • Garage Type: 1
  • Garage Square Area: 634
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,064
  • Total Building Area: 4,137
  • Gross Building Area: 4,137
  • Building Area: 2,357
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,357
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COYOTE RUN SUB
  • Land Acres: 0000000185
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: MEA 1CR L94 COYOTE RUN FG #1

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 002106

Geography

  • Assessors Map Reference: MAP 2318
  • Account Number: R1708502
  • Parcel: R1708502
  • Lot: 94
  • Meridian: SEC 10 TWN 3N RNG 68W
  • Latitude: 40.2475
  • Longitude: -104.988

    Address

  • Full Address: 16971 Potts Pl
  • Address - House Number: 16971
  • Address - Street Name: Potts
  • Address - Suffix Type: Pl
  • State: CO
  • City Name: Mead
  • Carrier Code: R802
  • 4-Digit Zip Code: 4543
  • Zip Code: 80542

Valuation

    Tax

  • Total Area: 3,670
  • Tax Year: 2023
  • Tax Amount: $364,348
  • Tax Rate Code Area: 1361

    Appraisal Valuation

  • Standard Deviation: 0.1366
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 596,667
  • High Value: 678,195
  • Low Value: 515,139

    Market Valuation

  • Market Total Value: $584,791
  • Market Land Value: $100,000
  • Market Improvement Value: $484,791

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,180
  • Assessed Land Value: $6,700
  • Assessed Improvements Value: $32,480

    Sales

  • Current Sale Contract Date: Jun 11, 2021
  • Current Sale Recording Date: Jun 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4725539
  • Previous Sale Recording Date: Sep 17, 2013
  • Previous Sale Contract Date: Sep 16, 2013
  • Previous Sale Amount: $312,000
  • 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 Mead

Stats & Trends

Median Asking:

$562,500

Sale Price/ft²

$251

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2571 ft²

Average Home Age

10.6 years

Currently For Sale

72 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 16971 Potts Place built and last sold?
The property at 16971 Potts Place was built in 2005 and last sold on Jun 11, 2021 for $545,000.
How much is this home worth?
The estimated value of the home located at 16971 Potts Place is $0.
What are some comparable homes to 16971 Potts Place?
There are currently no comparable homes to 16971 Potts Place.
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