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Longmont 80504
1950 Ridgeview Dr
$432,500
● House - Off Market

1950 Ridgeview Dr

Longmont, CO 80504
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,883 Ft²
$868,928
RealtyHop Estimate
86.87%
Since Apr 1, 2015
CO-Denver
Primary Model

About This Property

Great Original Creekside Home on Large Mature Lot with Trees and Deck. Open and Classic Design with Vaulted Ceilings and Large Rooms. Two Gas Fireplaces, Skylights,Wood Floors and Trim,Ceiling Fans,Main Level Laundry Project Room, Large 851 Sq. Ft. Garage, Great Fully Finished Daylight Basement with Huge Rec Room w Fireplace, 17x15 Bedroom and Bath.Walk In Closets w Organizers. A Comfortable Home with Lots of Elegant Living Space for the $$$$.
Unit Size
3,883 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$120
Property Type
House
Property Taxes
$263
HOA Dues
$8
Year Built
1992

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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 (IRES MLS #747373)

Price History

Date / Event Date Event Price
Mar 4, 2015 Sold
Premium
Sold
Sep 18, 2014 Listed by Affiliated Property Brokers $465,000
Listed by Affiliated Property Brokers
May 10, 1993 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,242
  • Garage Type: 1
  • Garage Square Area: 851
  • Parking Space Count: 3
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,403
  • Total Building Area: 4,285
  • Gross Building Area: 4,285
  • Building Area: 3,316
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,316
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CREEKSIDE 1 - LG
  • Land Acres: 0000000285
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 5 CREEKSIDE FIRST FLG

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013211

Geography

  • Assessors Map Reference: B4-F
  • Account Number: R0108815
  • Parcel: R0108815
  • Lot: 5
  • Meridian: SEC 16 TWN 2N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.136
  • Longitude: -105.115

    Address

  • Full Address: 1950 Ridgeview Dr
  • Address - House Number: 1950
  • Address - Street Name: Ridgeview
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Longmont
  • Carrier Code: R010
  • 4-Digit Zip Code: 7753
  • Zip Code: 80504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $453,718
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1624
  • Valuation Date: May 17, 2023
  • Confidence Score: 79
  • Final Value: 924,108
  • High Value: 1,074,216
  • Low Value: 774,000

    Market Valuation

  • Market Total Value: $896,000
  • Market Land Value: $209,900
  • Market Improvement Value: $686,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,615
  • Assessed Land Value: $14,200
  • Assessed Improvements Value: $46,415

    Sales

  • Current Sale Contract Date: Mar 03, 2015
  • Current Sale Recording Date: Mar 04, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3430951
  • Previous Sale Recording Date: May 10, 1993
  • Previous Sale Contract Date: May 10, 1993
  • Previous Sale Amount: $278,500
  • Previous Sale Document Type: 27
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:

$545,000

Sale Price/ft²

$295

Above Asking

0.00%

Average Days on Market

51

Average Home Size

1970 ft²

Average Home Age

33.9 years

Currently For Sale

536 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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IRES

Listed by: Marc Wishner, Affiliated Property Brokers
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 747373
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 1950 Ridgeview Drive built and last sold?
The property at 1950 Ridgeview Drive was built in 1992 and last sold on Mar 3, 2015 for $432,500.
How much is this home worth?
The estimated value of the home located at 1950 Ridgeview Drive is $0.
What are some comparable homes to 1950 Ridgeview Drive?
There are currently no comparable homes to 1950 Ridgeview Drive.
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