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Erie 80516
2270 Front Range Rd
$677,049
● House - Off Market

2270 Front Range Rd

Erie, CO 80516
bedrooms
4 Beds
bathrooms
3 Baths
square feet
4,097 Ft²
$1,178,932
RealtyHop Estimate
73.15%
Since Mar 1, 2016
CO-Denver
Primary Model

About This Property

Brand new energy efficient home ready January 2016! The Elbert features a spacious kitchen with huge island, granite counters, formal Dining & Great room, fireplace, main level guest room, Master suite, walk in closets plus loft. Love living at Flatiron Meadow with the park, trails and views. Known for their energy efficient features, our homes help you live a healthier, quieter lifestyle while saving you thousands on utility bills. Pricing includes ALL current builder incentives and discounts.
Unit Size
4,097 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$166
Property Type
House
Property Taxes
$702
HOA Dues
$50
Year Built
2015

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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 #769435)

Price History

Date / Event Date Event Price
Jul 21, 2021 Sold
Premium
Sold
May 27, 2021 Listed by Meritage Homes Kerrie Haley $952,000
Listed by Meritage Homes Kerrie Haley
Mar 2, 2016 Sold
Premium
Sold
Jul 15, 2015 Listed by Meritage Homes Kerrie Haley $680,856
Listed by Meritage Homes Kerrie Haley

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 7
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 2,082
  • Garage Type: 1
  • Garage Square Area: 803
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 7,025
  • Gross Building Area: 7,025
  • Building Area: 6,108
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 6,108
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FLATIRON MEADOWS 2
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 15 BLK 5 FLATIRON MEADOWS FLG 2

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012801

Geography

  • Account Number: R0602797
  • Parcel: R0602797
  • Block: 5
  • Lot: 15
  • Meridian: SEC 23 TWN 1N RNG 69
  • Municipality: ERIE
  • Latitude: 40.031
  • Longitude: -105.081

    Address

  • Full Address: 2270 Front Range Rd
  • Address - House Number: 2270
  • Address - Street Name: Front Range
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Erie
  • Carrier Code: R007
  • 4-Digit Zip Code: 3658
  • Zip Code: 80516

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $922,902
  • Tax Rate Code Area: 00-404

    Appraisal Valuation

  • Standard Deviation: 0.1605
  • Valuation Date: May 17, 2023
  • Confidence Score: 79
  • Final Value: 1,187,297
  • High Value: 1,377,878
  • Low Value: 996,716

    Market Valuation

  • Market Total Value: $1,265,900
  • Market Land Value: $249,000
  • Market Improvement Value: $1,016,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,638
  • Assessed Land Value: $16,845
  • Assessed Improvements Value: $68,793

    Sales

  • Current Sale Contract Date: Jul 18, 2021
  • Current Sale Recording Date: Jul 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3901364
  • Previous Sale Recording Date: Mar 02, 2016
  • Previous Sale Contract Date: Feb 29, 2016
  • Previous Sale Amount: $677,049
  • 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 Erie

Stats & Trends

Median Asking:

$727,450

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2623 ft²

Average Home Age

12.9 years

Currently For Sale

348 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: Kerrie Young, Meritage Homes Kerrie Haley
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 769435
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 2270 Front Range Road built and last sold?
The property at 2270 Front Range Road was built in 2015 and last sold on Jul 18, 2021 for $952,000.
How much is this home worth?
The estimated value of the home located at 2270 Front Range Road is $0.
What are some comparable homes to 2270 Front Range Road?
There are currently no comparable homes to 2270 Front Range Road.
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