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Larimer 80515
2391 W US Highway 34
$365,000
● House - Off Market

2391 W US Highway 34

Drake, CO 80515
bedrooms
2 Beds
bathrooms
1 Bath
square feet
928 Ft²
$1,907
Est. Monthly
6.18%
Cap Rate

About This Property

This home is an excellent investment as a Long Term Rental with years of history with high demand. If you're looking for a starter home or retirement home, it's also a great match! It's very quaint and charming, with a large living room, open kitchen, bedroom & newly remodeled bathroom on the main level. New stainless steel refrigerator, microwave & countertops. Upstairs is a 2nd bedroom with lots of storage! This home has been completely updated with ceiling fans & modern lighting. All windows are double pane and it was recently insulated to ensure warmth! The bathroom has a new shower and toilet, both of which are low-flow to save water. All new carpet and fresh paint throughout. There is a 1500 gallon septic vault. Well water with UV filter installed and an owner-owned propane tank. A Jotul gas stove (very reliable with a long life and recently serviced) heats the home comfortably & there is central heat as well. The home is fully fenced to provide privacy & a pet-friendly area. The deck has new maintenance-free Trex decking and is partially covered with amazing rock out-croppings. The cabin has been rewired and replumbed. It was used as a long-term rental for many years & provided a steady income. No problems with renting because there are very few long term rentals in the area & demand far exceeds the supply. Home is conveniently located on Highway 34, only 3 miles to Estes Park. Loveland and Longmont are about a 30 minute drive. Fishing on the Big Thompson River is very close. This is a mountain retreat providing endless relaxation for your enjoyment. Come see it today!
Unit Size
928 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$393
Property Type
House
Property Taxes
$115
HOA Dues
-
Year Built
1930

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Last updated: 3 years ago (IRES MLS #1011111)

Price History

Date / Event Date Event Price
Aug 16, 2024 Sold
Sold
Jun 3, 2024 Listed by eXp Realty - Inspired Living Group $365,000
Listed by eXp Realty - Inspired Living Group
Oct 7, 2023 No longer available -
No longer available
Aug 2, 2023 Listed $365,000
Listed
If you are looking for a starter home, retirement home or investment property, this is the home for you! This cabin is very quaint and charming. It's about 928 square feet of livable space plus a bonus space below, of 220 square feet for storage. Large living room, kitchen, bedroom & newly remodeled bathroom on the ground floor. New refrigerator, microwave & countertops. Upstairs is a 2nd bedroom with lots of storage! This home has been completely refurbed with ceiling fans & modern lighting. All windows are double pane & it was recently insulated to ensure warmth! The bathroom has a new shower and toilet, both of which are low-flow to save water. All new carpet and fresh paint throughout. There is a 1500 gallon septic vault (recently inspected and passed). Well water with UV filter installed and an owner-owned propane tank. A Jotul gas stove (very reliable with a long life and recently serviced) heats the home comfortably & there is central heat as well. The home is fully fenced to provide privacy & a pet-friendly area. The layered deck has new maintenance-free Trex decking and is partially covered with amazing rock out-croppings. The cabin has been rewired and replumbed plus includes a home warranty for added peace of mind. It was used as a long-term rental for many years & provided a steady income. No problems with renting because there are very few long term rentals in the area & demand far exceeds the supply. Home is conveniently located on Highway 34 & only 3 miles to Estes Park. Loveland and Longmont are about a 30 minute drive. Fishing on the Big Thompson River is very close. This is a mountain retreat providing endless relaxation for your enjoyment. Come see it today!
Jan 29, 2015 Sold
Sold
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 220
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 31
  • Pool Type: 0
  • Location Influence Type: 158

    Dimensions

  • Lot Size Square Feet: 6,295
  • Total Building Area: 1,120
  • Gross Building Area: 1,120
  • Building Area: 900
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 900
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000145
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: BEG AT PT ON N BANK BIG T CREEK 200 FT W & 45 FT S OF SE COR OF SW 1/4 OF SE 1/4 15-5-72, TH N 157 FT, W 50 FT, S 158 FT TO N BANK OF BIG T CREEK, TH NERLY TPOB; LESS POR LY S OF N LN HWY DESC IN 680-503

Neighborhood

  • School District Name: Park School District R-3
  • Census Tract: 001904

Zoning

  • Zoning: O

Geography

  • Assessors Map Reference: 25154
  • Account Number: R0552739
  • Parcel: R0552739
  • Meridian: SEC 15 TWN 5N RNG 72W
  • Municipality: OUTSIDE CITY LIMITS
  • Latitude: 40.3935
  • Longitude: -105.442

    Address

  • Full Address: 2391 Us Highway 34
  • Address - House Number: 2391
  • Address - Street Name: Us Highway 34
  • State: CO
  • City Name: Drake
  • Carrier Code: H069
  • 4-Digit Zip Code: 9708
  • Zip Code: 80515

Valuation

    Tax

  • Total Area: 1,120
  • Tax Year: 2023
  • Tax Amount: $137,636
  • Tax Rate Code Area: 3044

    Appraisal Valuation

  • Standard Deviation: 0.0581
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 98
  • Final Value: 383,503
  • High Value: 405,805
  • Low Value: 361,200

    Market Valuation

  • Market Total Value: $350,100
  • Market Land Value: $20,000
  • Market Improvement Value: $330,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $23,457
  • Assessed Land Value: $1,340
  • Assessed Improvements Value: $22,117

    Sales

  • Current Sale Contract Date: Jan 26, 2015
  • Current Sale Recording Date: Jan 29, 2015
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20150005261
  • Previous Sale Recording Date: Apr 16, 2001
  • Previous Sale Contract Date: Mar 28, 2001
  • Previous Sale Amount: $117,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Larimer


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Frequently Asked Questions

When was property at 2391 U.S. 34 built and last sold?
The property at 2391 U.S. 34 was built in 1930 and last sold on Jan 26, 2015 for $129,500.
How much is this home worth?
The estimated value of the home located at 2391 U.S. 34 is $0.
What are some comparable homes to 2391 U.S. 34?
There are currently no comparable homes to 2391 U.S. 34.