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Logan 80751
18996 County Road 48
$353,000
● House - Off Market

18996 County Road 48

Sterling, CO 80751
bedrooms
6 Beds
bathrooms
2 Baths
square feet
2,300 Ft²
$389,392
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Gorgeous country views from this 6 bedroom, 2 bath, 4-level home on 40 acres. Brand new laminate flooring throughout the main and upper levels. New carpet on the lower level. Additional kitchen space on the lower level. Some windows have been repaired/replaced. Brand new metal roof has been installed as well as a new garage door. The back porch is a blank slate ready for finishing touches.
Unit Size
2,300 Ft²
Days on Market
-
Land Size
40.00 acres
Price per sqft
$157
Property Type
House
Property Taxes
$79
HOA Dues
-
Year Built
1971

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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 #RECIR953071)

Price History

Date / Event Date Event Price
Jan 27, 2022 Sold
Premium
Sold
Oct 13, 2021 Listed by Town Square Realty $360,000
Listed by Town Square Realty
May 18, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 4
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,175
  • Garage Type: 1
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 2,400
  • Building Area: 2,400
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,400
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: A TRACT IN SW4NW4 COMM AT NW COR SEC 8 TH S ON W LINE 1900' TO TPOB TH CONT ON W LINE 295.16' TH L 90D 295.16' TH L 90D

Neighborhood

  • School District Name: Valley School District RE-1
  • School Tax School District: RE-1
  • Census Tract: 966000

Geography

  • Parcel: 2211000
  • Municipality: STERLING
  • Latitude: 40.7699
  • Longitude: -103.209

    Address

  • Full Address: 18996 County Road 48
  • Address - House Number: 18996
  • Address - Street Name: County Road 48
  • State: CO
  • City Name: Sterling
  • Carrier Code: R002
  • 4-Digit Zip Code: 9604
  • Zip Code: 80751

Valuation

    Tax

  • Total Area: 2,400
  • Tax Year: 2023
  • Tax Amount: $57,846
  • Tax Rate Code Area: 113

    Appraisal Valuation

  • Standard Deviation: 0.2166
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 70
  • Final Value: 335,193
  • High Value: 407,818
  • Low Value: 262,568

    Market Valuation

  • Market Total Value: $178,000
  • Market Land Value: $54,000
  • Market Improvement Value: $124,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $12,370
  • Assessed Land Value: $3,750
  • Assessed Improvements Value: $8,620

    Sales

  • Current Sale Contract Date: Jan 27, 2022
  • Current Sale Recording Date: Jan 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 759617
  • Previous Sale Recording Date: May 18, 2006
  • Previous Sale Contract Date: May 15, 2006
  • Previous Sale Amount: $256,500
  • Previous Sale Document Type: 44
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 Logan

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$168

Above Asking

5.36%

Average Days on Market

64

Average Home Size

1688 ft²

Average Home Age

77.7 years

Currently For Sale

152 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 18996 County Rd 48 built and last sold?
The property at 18996 County Rd 48 was built in 1971 and last sold on Jan 27, 2022 for $353,000.
How much is this home worth?
The estimated value of the home located at 18996 County Rd 48 is $0.
What are some comparable homes to 18996 County Rd 48?
There are currently no comparable homes to 18996 County Rd 48.
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