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Longmont 80503
2501 24th Avenue
$740,000
● House - Off Market

2501 24th Avenue

Longmont, CO 80503
bedrooms
3 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
2,740 Ft²
$773,269
RealtyHop Estimate
2.30%
Since Dec 1, 2022
CO-Denver
Primary Model

About This Property

*BACK ON MARKET!* No fault of Seller's, got through inspections and appraisal! Car lovers, this is your DREAM! SIX car garage fully finished on a corner lot with NO HOA!  BRAND NEW ROOF installed on 10/5! The landscaping is a green thumbs sanctuary.  Located on the West side of Longmont just minutes from McIntosh Lake it's ideal for commuting and enjoying all the outdoor activities Colorado has to offer.  3 Bedrooms plus a loft located upstairs.  Basement is about 80% finished with room to add a 4th conforming bedroom.  So many charming details that you have to see for yourself in this home!  Come make it your own!
Unit Size
2,740 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$276
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1992

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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 (REcolorado MLS #RECIR975958)

Price History

Date / Event Date Event Price
Nov 23, 2022 Sold
Premium
Sold
Sep 22, 2022 Listed by Keller Williams 1st Realty $755,900
Listed by Keller Williams 1st Realty
May 14, 2010 Sold
Premium
Sold
Apr 7, 2003 Sold
Premium
Sold
Jan 30, 2003 Listed by Keller Williams 1st Realty $304,900
Listed by Keller Williams 1st Realty

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 2
  • Building Style: 28
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 962
  • Garage Type: 1
  • Garage Square Area: 1,274
  • Parking Space Count: 4
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,905
  • Total Building Area: 4,222
  • Gross Building Area: 4,222
  • Building Area: 2,140
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,140
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTLAKE MANORS 4 - LG
  • Land Acres: 0000000204
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 13 BLK 3 WESTLAKE MANORS 4 LESS MINERALS

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013207

Geography

  • Assessors Map Reference: B2-J
  • Account Number: R0104127
  • Parcel: R0104127
  • Block: 3
  • Lot: 13
  • Meridian: SEC 29 TWN 3N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.2014
  • Longitude: -105.134

    Address

  • Full Address: 2501 24th Ave
  • Address - House Number: 2501
  • Address - Street Name: 24th
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Longmont
  • Carrier Code: R016
  • 4-Digit Zip Code: 8134
  • Zip Code: 80503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $374,690
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: May 17, 2023
  • Confidence Score: 79
  • Final Value: 724,839
  • High Value: 845,071
  • Low Value: 604,607

    Market Valuation

  • Market Total Value: $715,500
  • Market Land Value: $154,600
  • Market Improvement Value: $560,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,404
  • Assessed Land Value: $10,459
  • Assessed Improvements Value: $37,945

    Sales

  • Current Sale Contract Date: Nov 18, 2022
  • Current Sale Recording Date: Nov 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3990058
  • Previous Sale Recording Date: May 14, 2010
  • Previous Sale Contract Date: May 11, 2010
  • Previous Sale Amount: $385,000
  • 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:

$549,000

Sale Price/ft²

$295

Above Asking

0.00%

Average Days on Market

52

Average Home Size

1977 ft²

Average Home Age

34.2 years

Currently For Sale

548 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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Frequently Asked Questions

When was property at 2501 24th Avenue built and last sold?
The property at 2501 24th Avenue was built in 1992 and last sold on Nov 18, 2022 for $740,000.
How much is this home worth?
The estimated value of the home located at 2501 24th Avenue is $0.
What are some comparable homes to 2501 24th Avenue?
There are currently no comparable homes to 2501 24th Avenue.
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