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Longmont 80504
2205 Steppe Dr
$259,000
● House - Off Market

2205 Steppe Dr

Longmont, CO 80504
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,607 Ft²
$601,575
RealtyHop Estimate
124.41%
Since Apr 1, 2013
CO-Denver
Primary Model

About This Property

BRAND NEW HOME W/BUILDER WARRANTY!  ESTABLISHED NEIGHBORHOOD. 2-STORY HOME W/ 3 BDRMS! LARGE COUNTRY KITCHEN. LARGE PATIO. ALL APPLIANCES INCLUDING REFRIGERATOR, WASHER/DRYER, WINDOW COVERINGS & FULL FRONT AND REAR LANDSCAPING AND FENCE! PHOTOS ARE REPRESENTATIVE.
Unit Size
1,607 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$167
Property Type
House
Property Taxes
$157
HOA Dues
$60
Year Built
2012

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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 #696616)

Price History

Date / Event Date Event Price
Mar 28, 2013 Sold
Premium
Sold
Dec 29, 2012 Listed by RE/MAX of Cherry Creek $268,073
Listed by RE/MAX of Cherry Creek

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 16
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 880
  • Garage Type: 1
  • Garage Square Area: 532
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,667
  • Total Building Area: 3,205
  • Gross Building Area: 3,205
  • Building Area: 1,793
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,793
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRAIRIE VILLAGE FLG 3
  • Land Acres: 0000000153
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 1 BLOCK 6 PRAIRIE VILLAGE FLG 3LESS MINERALS ON R0601002

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013506

Geography

  • Account Number: R0509123
  • Parcel: R0509123
  • Block: 6
  • Lot: 1
  • Meridian: SEC 26 TWN 3N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1982
  • Longitude: -105.089

    Address

  • Full Address: 2205 Steppe Dr
  • Address - House Number: 2205
  • Address - Street Name: Steppe
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Longmont
  • Carrier Code: R026
  • 4-Digit Zip Code: 3208
  • Zip Code: 80504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $320,760
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: May 17, 2023
  • Confidence Score: 78
  • Final Value: 611,733
  • High Value: 715,336
  • Low Value: 508,131

    Market Valuation

  • Market Total Value: $630,800
  • Market Land Value: $119,900
  • Market Improvement Value: $510,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,673
  • Assessed Land Value: $8,111
  • Assessed Improvements Value: $34,562

    Sales

  • Current Sale Contract Date: Mar 27, 2013
  • Current Sale Recording Date: Mar 28, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3300597
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

1971 ft²

Average Home Age

33.8 years

Currently For Sale

538 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: Gary Miles, RE/MAX of Cherry Creek
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 696616
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 2205 Steppe Drive built and last sold?
The property at 2205 Steppe Drive was built in 2012 and last sold on Mar 27, 2013 for $259,000.
How much is this home worth?
The estimated value of the home located at 2205 Steppe Drive is $0.
What are some comparable homes to 2205 Steppe Drive?
There are currently no comparable homes to 2205 Steppe Drive.
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