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Morgan 80701
17272 County Road P
$564,500
● House - Off Market

17272 County Road P

Fort Morgan, CO 80701
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,550 Ft²
$629,458
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Looking for a home w/ all of the character, charm & features you've searched for? This is it! Well maintained ranch home w/ brick exterior,  new soffit and facia, beautifully landscaped yard & lots of shade. Inside, modern kitchen, spacious dining area filled with light, a sure bet when entertaining guests. Family room boasts an incredible fireplace & walkout patio door to the new installed deck. HUGE game room, numerous outbuildings, new concrete driveway and privacy fence surrounds property.
Unit Size
2,550 Ft²
Days on Market
-
Land Size
1.13 acres
Price per sqft
$221
Property Type
House
Property Taxes
$151
HOA Dues
-
Year Built
1909

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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 #RECIR948415)

Price History

Date / Event Date Event Price
Nov 19, 2021 Sold
Premium
Sold
Aug 12, 2021 Listed by Colorado Land Co. LLC $564,500
Listed by Colorado Land Co. LLC

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1909
  • Effective Year Built: 1949
  • Building Count: 7
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 3
  • Basement Area: 465
  • Garage Type: 4
  • Garage Square Area: 750
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 49,223
  • Total Building Area: 2,956
  • Gross Building Area: 2,956
  • Building Area: 2,956
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 2,085
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001130
  • Standard Land Use Code: 1001
  • Legal Description 1: S 24 T 3 R 58 PARC NE14NW14 189FT X 260FT B875 P302

Neighborhood

  • School District Name: Fort Morgan School District RE-3
  • Census Tract: 000600

Geography

  • Parcel: R008603
  • Meridian: SEC 24 TWN 03 RNG 58
  • Municipality: CD FP MFD MS SP
  • Latitude: 40.2173
  • Longitude: -103.825

    Address

  • Full Address: 17272 County Road P
  • Address - House Number: 17272
  • Address - Street Name: County Road P
  • State: CO
  • City Name: Fort Morgan
  • Carrier Code: R003
  • 4-Digit Zip Code: 8510
  • Zip Code: 80701

Valuation

    Tax

  • Total Area: 2,550
  • Tax Year: 2023
  • Tax Amount: $256,068
  • Tax Rate Code Area: 228

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 510,346
  • High Value: 596,162
  • Low Value: 424,529

    Market Valuation

  • Market Total Value: $340,660
  • Market Land Value: $72,100
  • Market Improvement Value: $268,560

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,670
  • Assessed Land Value: $5,010
  • Assessed Improvements Value: $18,660

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 936839
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 Morgan

Stats & Trends

Median Asking:

$339,000

Sale Price/ft²

$199

Below Asking

0.03%

Average Days on Market

62

Average Home Size

2145 ft²

Average Home Age

51 years

Currently For Sale

259 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 17272 County Rd P built and last sold?
The property at 17272 County Rd P was built in 1909 and last sold on Nov 18, 2021 for $564,500.
How much is this home worth?
The estimated value of the home located at 17272 County Rd P is $0.
What are some comparable homes to 17272 County Rd P?
There are currently no comparable homes to 17272 County Rd P.
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