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Park
183 N Random Rd
$515,000
● House - Off Market

183 N Random Rd

Bailey, CO 80421
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,928 Ft²
$556,208
RealtyHop Estimate
8.00%
Since Oct 1, 2021
CO-Denver
Primary Model

About This Property

**Please note: Showings will re-commence Monday, 5/24** Come check out this gorgeous mountain property! Great views from the deck and balcony. This home offers a bright, open and airy floor plan with plenty of natural light, decorative lighting fixtures, brick fireplace, and well-appointed bathrooms. The kitchen has beautiful granite countertops and a built-in island.  You'll appreciate the practicality of tile floors in the family room, bathroom and in the large utility room; engineered flooring look great in the living room. Bedroom has walk-out deck access. Beautiful wood floors.  Check out the photos and call today for your personal tour -- this one won't last long!! ***Note: Park County records show this home was built in 1979 but was remodeled with an adjusted date of 1994.
Unit Size
1,928 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$267
Property Type
House
Property Taxes
$147
HOA Dues
$5
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: 25 days ago (REcolorado MLS #IRE5471316)

Price History

Date / Event Date Event Price
Jan 2, 2024 Sold
Premium
Sold
Jun 23, 2023 Listed $500,000
Listed
Sep 23, 2021 Sold
Premium
Sold
May 17, 2021 Listed $515,000
Listed
Mar 2, 2020 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1994
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 22

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,928
  • Building Area: 1,928
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,928
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELK CRK HGHLNDS FLG6
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • Legal Description 1: T06 R73 S23 NW4 ELK CREEK HIGHLANDS FILING 6 BLOCK 21 LOT 06

Neighborhood

  • School District Name: Platte Canyon School District 1
  • Census Tract: 000102

Geography

  • Account Number: 15969
  • Parcel: R0015969
  • Block: 21
  • Lot: 6
  • Latitude: 39.5124
  • Longitude: -105.523

    Address

  • Full Address: 183 N Random Rd
  • Address - House Number: 183
  • Street Direction: N
  • Address - Street Name: Random
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Bailey
  • Carrier Code: R005
  • 4-Digit Zip Code: 1315
  • Zip Code: 80421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $227,930
  • Tax Rate Code Area: 0005

    Appraisal Valuation

  • Standard Deviation: 0.0817
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 93
  • Final Value: 493,472
  • High Value: 533,835
  • Low Value: 453,108

    Market Valuation

  • Market Total Value: $448,666
  • Market Land Value: $68,328
  • Market Improvement Value: $380,338

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,180
  • Assessed Land Value: $4,750
  • Assessed Improvements Value: $26,430

    Sales

  • Current Sale Contract Date: Dec 28, 2023
  • Current Sale Recording Date: Jan 02, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 806805
  • Previous Sale Recording Date: Sep 23, 2021
  • Previous Sale Contract Date: Sep 22, 2021
  • Previous Sale Amount: $515,000
  • 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 Park

Stats & Trends

Median Asking:

$582,500

Sale Price/ft²

$328

Below Asking

0.03%

Average Days on Market

67

Average Home Size

1884 ft²

Average Home Age

31.7 years

Currently For Sale

582 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: David Petersmith,
Last Updated: 25 days ago
Data Source: REcolorado MLS, MLS# IRE5471316
© 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 183 North Random Road built and last sold?
The property at 183 North Random Road was built in 1979 and last sold on Dec 28, 2023 for $510,000.
How much is this home worth?
The estimated value of the home located at 183 North Random Road is $514,513.
What are some comparable homes to 183 North Random Road?
There are currently no comparable homes to 183 North Random Road.
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