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Weld 80550
214 Castle Dr
$440,000
● House - Off Market

214 Castle Dr

Severance, CO 80550
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,854 Ft²
$2,613
Est. Monthly
5.73%
Cap Rate

About This Property

Own in this highly desirable Severance community, The Overlook at Severance. This open-concept floor plan is move-in ready, featuring 3 bedrooms and 2 1/2 bathrooms, an oversized 3-car tandem garage, and an upstairs laundry room for added convenience. Overlook Park is a quick walk from your doorstep, offering community festivities and gatherings all throughout the year. This school district is top-rated, and all schools are within a short distance of this home. Enjoy easy access to I-25 and Hwy 85 for an easy commute to Fort Collins, Timnath, Greeley, Loveland, and Windsor.
Unit Size
1,854 Ft²
Days on Market
72 days
Land Size
0.14 acres
Price per sqft
$243
Property Type
House
Property Taxes
$404
HOA Dues
-
Year Built
2018

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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: 2 years ago (REcolorado MLS #4413670)

Price History

Date / Event Date Event Price
Jun 20, 2025 Sold
Premium
Sold
May 22, 2025 In contract -
In contract
May 15, 2025 Price Decreased $449,900
↓ $10K (2.2%)
Price Decreased
May 1, 2025 Price Decreased $459,900
↓ $10K (2.1%)
Price Decreased
Apr 9, 2025 Listed $469,900
Listed

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 498
  • Garage Type: 1
  • Garage Square Area: 678
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 3,030
  • Gross Building Area: 3,030
  • Building Area: 1,854
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,854
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OVERLOOK FG # 1
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 28 BLOCK 8 OVERLOOK FG #1

Neighborhood

  • School District Name: Windsor School District RE-4
  • Census Tract: 002208

Geography

  • Account Number: R8949494
  • Parcel: R8949494
  • Block: 8
  • Lot: 28
  • Latitude: 40.5159
  • Longitude: -104.863

    Address

  • Full Address: 214 Castle Dr
  • Address - House Number: 214
  • Address - Street Name: Castle
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Severance
  • Carrier Code: R014
  • 4-Digit Zip Code: 4874
  • Zip Code: 80550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $462,112
  • Tax Rate Code Area: 5666

    Appraisal Valuation

  • Standard Deviation: 0.1313
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 85
  • Final Value: 502,560
  • High Value: 568,553
  • Low Value: 436,568

    Market Valuation

  • Market Total Value: $475,328
  • Market Land Value: $105,000
  • Market Improvement Value: $370,328

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,850
  • Assessed Land Value: $7,040
  • Assessed Improvements Value: $24,810

    Sales

  • Current Sale Contract Date: May 25, 2018
  • Current Sale Recording Date: May 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 4402523
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 Weld

Stats & Trends

Median Asking:

$495,990

Sale Price/ft²

$246

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2225 ft²

Average Home Age

22.5 years

Currently For Sale

3115 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: Corey Lee Clark,
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 4413670
© 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 214 Castle Drive built and last sold?
The property at 214 Castle Drive was built in 2018 and last sold on May 25, 2018 for $319,000.
How much is this home worth?
The estimated value of the home located at 214 Castle Drive is $0.
What are some comparable homes to 214 Castle Drive?
There are currently no comparable homes to 214 Castle Drive.
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