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Longmont 80504
2018 Ridgeview Drive
$875,000
● House - Off Market

2018 Ridgeview Drive

Longmont, CO 80504
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,059 Ft²
$958,660
RealtyHop Estimate
9.56%
Since Jul 1, 2021
CO-Denver
Primary Model

About This Property

Sunny, bright ranch home on beautiful, 1/3+ acre lot in Creekside.  Open living and dining area includes large bay window. 9 foot ceilings and new carpet throughout the entire main floor.  Light filled study with french doors. Kitchen incl eating area with west facing side patio. Open family room with fireplace & built-in bookshelves.  Main floor master suite. Large laundry room with utility sink. Covered back patio overlooks lovely south facing backyard with mature trees and gardens. Two 8x20 storage sheds. Finished basement includes large great room, bath and 2 bedrooms (1 non conforming) all with new carpet. Lots and lots of storage!  Great oversized 3 car garage
Unit Size
3,059 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$286
Property Type
House
Property Taxes
$314
HOA Dues
$11
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 (REcolorado MLS #RECIR940343)

Price History

Date / Event Date Event Price
Jun 23, 2021 Sold
Premium
Sold
May 14, 2021 Listed by RE/MAX Alliance-Boulder $875,000
Listed by RE/MAX Alliance-Boulder

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 7
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,507
  • Garage Type: 1
  • Garage Square Area: 848
  • Parking Space Count: 3
  • Patio Type: 59
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,313
  • Total Building Area: 4,414
  • Gross Building Area: 4,414
  • Building Area: 3,059
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 3,059
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAINBOW CREEK MINOR
  • Land Acres: 0000000420
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 6 RAINBOW CREEK MINOR S/D

Neighborhood

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

Geography

  • Account Number: R0501319
  • Parcel: R0501319
  • Lot: 6
  • Meridian: SEC 16 TWN 2N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1345
  • Longitude: -105.115

    Address

  • Full Address: 2018 Ridgeview Dr
  • Address - House Number: 2018
  • Address - Street Name: Ridgeview
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Longmont
  • Carrier Code: R010
  • 4-Digit Zip Code: 7773
  • Zip Code: 80504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $468,978
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.166
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 1,019,499
  • High Value: 1,188,776
  • Low Value: 850,222

    Market Valuation

  • Market Total Value: $1,061,000
  • Market Land Value: $255,100
  • Market Improvement Value: $805,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,777
  • Assessed Land Value: $17,258
  • Assessed Improvements Value: $54,519

    Sales

  • Current Sale Contract Date: Jun 16, 2021
  • Current Sale Recording Date: Jun 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3894748
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:

$544,000

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

537 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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Frequently Asked Questions

When was property at 2018 Ridgeview Drive built and last sold?
The property at 2018 Ridgeview Drive was built in 1992 and last sold on Jun 16, 2021 for $875,000.
How much is this home worth?
The estimated value of the home located at 2018 Ridgeview Drive is $888,330.
What are some comparable homes to 2018 Ridgeview Drive?
There are currently no comparable homes to 2018 Ridgeview Drive.
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