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Larimer 80540
245 Hemlock Dr
$645,000
● House - Off Market

245 Hemlock Dr

Lyons, CO 80540
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,152 Ft²
$636,885
RealtyHop Estimate
-2.02%
Since Sep 1, 2023
CO-Denver
Primary Model

About This Property

This immaculate home is a rare find in the coveted Big Elk Meadows Community. Follow the Little Thompson River up the fully maintained roads and pass two lakes to reach this home which overlooks the tranquil Willow Lake. Enjoy the Wildlife from the expansive decks and from inside this fully updated living room and bedrooms. Recreation includes; boating, fishing, hiking. Enjoy the community events at the Firehouse where you can gather with quality neighbors. The heated swimming pool, play park, tennis courts, horseshoe pit and horse pasture are for your pleasure. Two bedrooms, 1 full and 1/4 bath and Hardwood flooring in this Beautiful Ranch Home!
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$564
Property Type
House
Property Taxes
$116
HOA Dues
$278
Year Built
1968

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #988247)

Price History

Date / Event Date Event Price
Aug 3, 2023 Sold
Premium
Sold
May 20, 2023 Listed by Equity Colorado-Front Range $650,000
Listed by Equity Colorado-Front Range
Mar 22, 2023 Listed by Equity Colorado-Front Range $650,000
Listed by Equity Colorado-Front Range
Feb 19, 2020 Sold
Premium
Sold

Property Highlights

With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 576
  • Garage Type: 4
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: 61
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 121

    Dimensions

  • Lot Size Square Feet: 22,402
  • Total Building Area: 1,152
  • Gross Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BIG ELK MEADOWS
  • Land Acres: 0000000514
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: LOT 9, TR 1, BIG ELK MEADOWS

Neighborhood

  • School District Name: Park School District R-3
  • Census Tract: 001905

Zoning

  • Zoning: O

Geography

  • Assessors Map Reference: 24353
  • Account Number: R0549428
  • Subdivision Tract Number: 1
  • Parcel: R0549428
  • Lot: 9
  • Meridian: SEC 35 TWN 4N RNG 72W
  • Municipality: OUTSIDE CITY LIMITS
  • Latitude: 40.2631
  • Longitude: -105.429

    Address

  • Full Address: 245 Hemlock Dr
  • Address - House Number: 245
  • Address - Street Name: Hemlock
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Lyons
  • Carrier Code: H074
  • 4-Digit Zip Code: 8016
  • Zip Code: 80540

Valuation

    Tax

  • Total Area: 1,152
  • Tax Year: 2023
  • Tax Amount: $198,537
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: 3005

    Appraisal Valuation

  • Standard Deviation: 0.1347
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 551,539
  • High Value: 625,864
  • Low Value: 477,214

    Market Valuation

  • Market Total Value: $493,700
  • Market Land Value: $80,000
  • Market Improvement Value: $413,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $33,078
  • Assessed Land Value: $5,360
  • Assessed Improvements Value: $27,718

    Sales

  • Current Sale Contract Date: Aug 02, 2023
  • Current Sale Recording Date: Aug 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33384
  • Previous Sale Recording Date: Feb 19, 2020
  • Previous Sale Contract Date: Feb 18, 2020
  • Previous Sale Amount: $250,000
  • 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 Larimer

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$284

Above Asking

83.23%

Average Days on Market

56

Average Home Size

2246 ft²

Average Home Age

27.9 years

Currently For Sale

3427 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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IRES

Listed by: Mark Prucha, Equity Colorado-Front Range
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 988247
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 245 Hemlock Drive built and last sold?
The property at 245 Hemlock Drive was built in 1968 and last sold on Aug 2, 2023 for $645,000.
How much is this home worth?
The estimated value of the home located at 245 Hemlock Drive is $0.
What are some comparable homes to 245 Hemlock Drive?
There are currently no comparable homes to 245 Hemlock Drive.
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