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Longmont 80503
2129 Summerlin Ln
$681,361
● House - Off Market

2129 Summerlin Ln

Longmont, CO 80503
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,293 Ft²
$964,551
RealtyHop Estimate
53.91%
Since Aug 1, 2017
CO-Denver
Primary Model

About This Property

Stunning Somerset Meadows community. Pick out your interior features (for a limited time). New construction to be completed September 2017. Single-family homes with 3-car garages, Short drive to the high-tech campuses in Boulder County, Near Diagonal Hwy. for quick access to Pearl Street in Boulder, Village at the Peaks mall and charming downtown Longmont, Top-rated St. Vrain Valley School District, Proximity to Ute Creek, Twin Peaks and Indian Peaks golf courses.
Unit Size
2,293 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$273
Property Type
House
Property Taxes
-
HOA Dues
$85
Year Built
2017

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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 #811148)

Price History

Date / Event Date Event Price
Jul 12, 2021 Sold
Premium
Sold
Jun 3, 2021 Listed by MB/Team Lassen $850,000
Listed by MB/Team Lassen
Jul 19, 2017 Sold
Premium
Sold
Feb 10, 2017 Listed by MB/Team Lassen $626,705
Listed by MB/Team Lassen

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 2,294
  • Garage Type: 1
  • Garage Square Area: 660
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,660
  • Total Building Area: 5,248
  • Gross Building Area: 5,248
  • Building Area: 4,144
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 4,144
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOMERSET MEADOWS FLG 5
  • Land Acres: 0000000153
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 135 SOMERSET MEADOWS FLG 5

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013214

Geography

  • Account Number: R0606989
  • Parcel: R0606989
  • Lot: 135
  • Meridian: SEC 18 TWN 2N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1344
  • Longitude: -105.161

    Address

  • Full Address: 2129 Summerlin Ln
  • Address - House Number: 2129
  • Address - Street Name: Summerlin
  • Address - Suffix Type: Ln
  • State: CO
  • City Name: Longmont
  • Carrier Code: R039
  • 4-Digit Zip Code: 3915
  • Zip Code: 80503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $522,216
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.0676
  • Valuation Date: May 17, 2023
  • Confidence Score: 96
  • Final Value: 854,539
  • High Value: 912,329
  • Low Value: 796,749

    Market Valuation

  • Market Total Value: $1,041,100
  • Market Land Value: $156,700
  • Market Improvement Value: $884,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,431
  • Assessed Land Value: $10,601
  • Assessed Improvements Value: $59,830

    Sales

  • Current Sale Contract Date: Jul 06, 2021
  • Current Sale Recording Date: Jul 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3898792
  • Previous Sale Recording Date: Jul 19, 2017
  • Previous Sale Contract Date: Jul 17, 2017
  • Previous Sale Amount: $681,361
  • Previous Sale Document Type: 68
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: Metro Brokers Team Lassen, MB/Team Lassen
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 811148
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 2129 Summerlin Lane built and last sold?
The property at 2129 Summerlin Lane was built in 2017 and last sold on Jul 6, 2021 for $957,000.
How much is this home worth?
The estimated value of the home located at 2129 Summerlin Lane is $0.
What are some comparable homes to 2129 Summerlin Lane?
There are currently no comparable homes to 2129 Summerlin Lane.
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