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Longmont 80504
2221 Ridgeview Way
$1,000,000
● House - Off Market

2221 Ridgeview Way

Longmont, CO 80504
bedrooms
6 Beds
bathrooms
4 Baths
square feet
4,529 Ft²
$1,090,133
RealtyHop Estimate
9.56%
Since Jul 1, 2021
CO-Denver
Primary Model

About This Property

A+ CURB APPEAL, A+ LOCATION AND A+ HOME! Come tour this Creekside property with 6 bedrooms, 4 baths and numerous features that put this home at the top of its class. As you enter, notice the vaulted ceilings, wood floors, impressive stairway, amazing entertaining spaces and a main floor bedroom with 3/4 bath. Don't miss the spacious kitchen with all appliances included, eat-in area and entrance to a fabulous newly constructed outdoor living space framed with steel and finished with TREX! The primary bedroom is a restful retreat with gas fireplace, stacked stone walls, walk-in closets and a luxurious jetted tub. The walk-out basement with wet bar, huge rec room + additional bedroom and bath is perfect for a for a variety of activities. Come visit!
Unit Size
4,529 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$220
Property Type
House
Property Taxes
$460
HOA Dues
$8
Year Built
1993

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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 #RECIR941421)

Price History

Date / Event Date Event Price
Jul 1, 2021 Sold
Premium
Sold
May 27, 2021 Listed by The Colorado Group $995,000
Listed by The Colorado Group
Mar 21, 2011 Sold
Premium
Sold
Jun 6, 2007 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,544
  • Garage Type: 1
  • Garage Square Area: 719
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,967
  • Total Building Area: 5,403
  • Gross Building Area: 5,403
  • Building Area: 4,529
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 4,529
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CREEKSIDE 3 - LG
  • Land Acres: 0000000275
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 9 BLK 4 CREEKSIDE 3RD FLG

Neighborhood

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

Geography

  • Assessors Map Reference: B4-F
  • Account Number: R0113005
  • Parcel: R0113005
  • Block: 4
  • Lot: 9
  • Meridian: SEC 16 TWN 2N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1325
  • Longitude: -105.119

    Address

  • Full Address: 2221 Ridgeview Way
  • Address - House Number: 2221
  • Address - Street Name: Ridgeview
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Longmont
  • Carrier Code: R010
  • 4-Digit Zip Code: 7760
  • Zip Code: 80504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $549,854
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1449
  • Valuation Date: May 17, 2023
  • Confidence Score: 82
  • Final Value: 1,144,801
  • High Value: 1,310,748
  • Low Value: 978,853

    Market Valuation

  • Market Total Value: $1,112,700
  • Market Land Value: $217,800
  • Market Improvement Value: $894,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,274
  • Assessed Land Value: $14,734
  • Assessed Improvements Value: $60,540

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3897064
  • Previous Sale Recording Date: Mar 21, 2011
  • Previous Sale Contract Date: Mar 18, 2011
  • Previous Sale Amount: $499,999
  • Previous Sale Document Type: 71
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

52

Average Home Size

1967 ft²

Average Home Age

34 years

Currently For Sale

553 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

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Frequently Asked Questions

When was property at 2221 Ridgeview Way built and last sold?
The property at 2221 Ridgeview Way was built in 1993 and last sold on Jun 30, 2021 for $1,000,000.
How much is this home worth?
The estimated value of the home located at 2221 Ridgeview Way is $1,005,962.
What are some comparable homes to 2221 Ridgeview Way?
There are currently no comparable homes to 2221 Ridgeview Way.
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