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Longmont 80503
23 University Circle
$510,000
● House - Off Market

23 University Circle

Longmont, CO 80503
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,164 Ft²
$608,049
RealtyHop Estimate
8.00%
Since Oct 1, 2021
CO-Denver
Primary Model

About This Property

Exceptional location on a quiet street in Longmont Estates! Bike or walk a few blocks to Mcintosh Lake and all that it offers! Charming Bi-Level with an expansive and light entryway...And just wait until you see the sunroom!  It is so spacious and ready for you to relax there, with your morning Coffee or afternoon Tea! The upper level has everything you need, and the lower level is a complete bonus. The grassy backyard can accommodate outdoor games and fun for everyone!  4 Bedrooms, 2 Bathrooms, 2 Living spaces, a separate Dining room, plus a 550 sq ft 2-car attached garage!
Unit Size
2,164 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$260
Property Type
House
Property Taxes
$198
HOA Dues
-
Year Built
1971

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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 #RECIR948938)

Price History

Date / Event Date Event Price
Sep 28, 2021 Sold
Premium
Sold
Aug 19, 2021 Listed by Dwellings Colorado Real Estate $563,000
Listed by Dwellings Colorado Real Estate
Aug 27, 2012 Sold
Premium
Sold
Aug 30, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 16
  • Interior Walls Type: 18
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 1
  • Basement Area: 912
  • Garage Type: 1
  • Garage Square Area: 550
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,663
  • Total Building Area: 2,714
  • Gross Building Area: 2,954
  • Building Area: 2,164
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,164
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LONGMONT ESTATES 4 - LG
  • Land Acres: 0000000176
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 41 BLK 17 LONGMONT ESTATES 4

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013208

Geography

  • Assessors Map Reference: B2-H
  • Account Number: R0049031
  • Parcel: R0049031
  • Block: 17
  • Lot: 41
  • Meridian: SEC 32 TWN 3N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1881
  • Longitude: -105.147

    Address

  • Full Address: 23 University Cir
  • Address - House Number: 23
  • Address - Street Name: University
  • Address - Suffix Type: Cir
  • State: CO
  • City Name: Longmont
  • Carrier Code: C063
  • 4-Digit Zip Code: 2235
  • Zip Code: 80503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $255,300
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1464
  • Valuation Date: May 17, 2023
  • Confidence Score: 82
  • Final Value: 532,929
  • High Value: 610,956
  • Low Value: 454,901

    Market Valuation

  • Market Total Value: $506,700
  • Market Land Value: $143,400
  • Market Improvement Value: $363,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,278
  • Assessed Land Value: $9,701
  • Assessed Improvements Value: $24,577

    Sales

  • Current Sale Contract Date: Sep 22, 2021
  • Current Sale Recording Date: Sep 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3916834
  • Previous Sale Recording Date: Aug 27, 2012
  • Previous Sale Contract Date: Aug 23, 2012
  • Previous Sale Amount: $240,000
  • 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

51

Average Home Size

1988 ft²

Average Home Age

33.5 years

Currently For Sale

549 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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Frequently Asked Questions

When was property at 23 University Circle built and last sold?
The property at 23 University Circle was built in 1971 and last sold on Sep 22, 2021 for $510,000.
How much is this home worth?
The estimated value of the home located at 23 University Circle is $566,323.
What are some comparable homes to 23 University Circle?
There are currently no comparable homes to 23 University Circle.
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