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Mead 80542
2586 Peppercorn Drive
$447,000
● House - Off Market

2586 Peppercorn Drive

Mead, CO 80542
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,350 Ft²
$490,462
RealtyHop Estimate
11.49%
Since Jun 1, 2021
CO-Denver
Primary Model

About This Property

Well cared for ranch on corner lot.  Newer flooring and interior paint throughout.  Light and bright open floor plan with vaulted ceiling. Complete main floor living has unfinished basement and rough-in for future expansion.  All appliances, even washer and dryer, are included.  Spacious south-facing patio for extended outside enjoyment.
Unit Size
1,350 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$326
Property Type
House
Property Taxes
$289
HOA Dues
$13
Year Built
2011

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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 #RECIR938328)

Price History

Date / Event Date Event Price
May 27, 2021 Sold
Premium
Sold
Apr 21, 2021 Listed by Equity Colorado-Front Range $439,900
Listed by Equity Colorado-Front Range
Aug 24, 2011 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,334
  • Garage Type: 1
  • Garage Square Area: 448
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,074
  • Total Building Area: 3,132
  • Gross Building Area: 3,132
  • Building Area: 1,350
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,350
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEAD WESTERN MEADOWS FG#2 FINAL PLAT
  • Land Acres: 0000000162
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: MEA 2MVM L207 MEAD WESTERN MEADOWS FG #2

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 002106

Geography

  • Account Number: R4145006
  • Parcel: R4145006
  • Lot: 207
  • Latitude: 40.2357
  • Longitude: -105.005

    Address

  • Full Address: 2586 Peppercorn Dr
  • Address - House Number: 2586
  • Address - Street Name: Peppercorn
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Mead
  • Carrier Code: R801
  • 4-Digit Zip Code: 6016
  • Zip Code: 80542

Valuation

    Tax

  • Total Area: 2,684
  • Tax Year: 2023
  • Tax Amount: $397,434
  • Tax Rate Code Area: 3641

    Appraisal Valuation

  • Standard Deviation: 0.1356
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 492,458
  • High Value: 559,245
  • Low Value: 425,671

    Market Valuation

  • Market Total Value: $467,861
  • Market Land Value: $85,000
  • Market Improvement Value: $382,861

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,350
  • Assessed Land Value: $5,700
  • Assessed Improvements Value: $25,650

    Sales

  • Current Sale Contract Date: May 21, 2021
  • Current Sale Recording Date: May 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4719398
  • Previous Sale Recording Date: Aug 24, 2011
  • Previous Sale Contract Date: Aug 23, 2011
  • Previous Sale Amount: $183,700
  • 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 Mead

Stats & Trends

Median Asking:

$560,000

Sale Price/ft²

$251

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2581 ft²

Average Home Age

10.6 years

Currently For Sale

75 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 2586 Peppercorn Drive built and last sold?
The property at 2586 Peppercorn Drive was built in 2011 and last sold on May 21, 2021 for $447,000.
How much is this home worth?
The estimated value of the home located at 2586 Peppercorn Drive is $443,577.
What are some comparable homes to 2586 Peppercorn Drive?
There are currently no comparable homes to 2586 Peppercorn Drive.
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