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Erie 80516
2602 Betts Cir
$458,500
● House - Off Market

2602 Betts Cir

Erie, CO 80516
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,276 Ft²
$613,652
RealtyHop Estimate
31.97%
Since Aug 1, 2020
CO-Denver
Primary Model

About This Property

Adorable ranch home in popular Arapahoe Ridge. The smallest floor plan in the neighborhood is designed for easy living. Has beautiful granite counter tops in kitchen, and hardwood floors throughout the main level, except for the bedrooms. Both bathrooms have rich tile floors. The home is clean and well kept. Master bedroom has two separate closets. Affordable HOA fee includes awesome community swimming pool and clubhouse. Enjoy town fields, tennis and volleyball, and 3 mile walking trail around the neighborhood. Near bus line with easy access to Boulder.  **Seller needs a two week post occupancy agreement.
Unit Size
1,276 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$364
Property Type
House
Property Taxes
$260
HOA Dues
$57
Year Built
1997

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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: 2 years ago (REcolorado MLS #6390738)

Price History

Date / Event Date Event Price
Jul 9, 2020 Sold
Premium
Sold
Mar 23, 2020 Listed by Kentwood Boulder Valley $465,000
Listed by Kentwood Boulder Valley
Mar 10, 1999 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 16
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,260
  • Garage Type: 1
  • Garage Square Area: 396
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,226
  • Total Building Area: 2,932
  • Gross Building Area: 2,932
  • Building Area: 1,276
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,276
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARAPAHOE RIDGE REPLAT A - ER
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 16 BLK 9 ARAPAHOE RIDGE REPLAT A

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012801

Geography

  • Assessors Map Reference: B22-D
  • Account Number: R0126288
  • Parcel: R0126288
  • Block: 9
  • Lot: 16
  • Meridian: SEC 26 TWN 1N RNG 69
  • Municipality: ERIE
  • Latitude: 40.0214
  • Longitude: -105.085

    Address

  • Full Address: 2602 Betts Cir
  • Address - House Number: 2602
  • Address - Street Name: Betts
  • Address - Suffix Type: Cir
  • State: CO
  • City Name: Erie
  • Carrier Code: R004
  • 4-Digit Zip Code: 7517
  • Zip Code: 80516

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $330,882
  • Tax Rate Code Area: 00-400

    Appraisal Valuation

  • Standard Deviation: 0.1672
  • Valuation Date: May 17, 2023
  • Confidence Score: 78
  • Final Value: 610,889
  • High Value: 713,076
  • Low Value: 508,703

    Market Valuation

  • Market Total Value: $606,000
  • Market Land Value: $207,100
  • Market Improvement Value: $398,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,996
  • Assessed Land Value: $14,010
  • Assessed Improvements Value: $26,986

    Sales

  • Current Sale Contract Date: Jul 02, 2020
  • Current Sale Recording Date: Jul 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3797026
  • Previous Sale Recording Date: Mar 10, 1999
  • Previous Sale Contract Date: Feb 26, 1999
  • Previous Sale Amount: $167,500
  • 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 Erie

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2618 ft²

Average Home Age

12.6 years

Currently For Sale

346 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

Unit for rent at 2870 Arapahoe Rd, Lafayette, CO, 80026

$1,900 /mo

  • 1 Bed
  • 1 Bath
  • 782 ft²
2870 Arapahoe Rd #A4 Realm, Lafayette, CO, 80026 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
REcolorado

Listed by: Randy Trahan, Kentwood Boulder Valley
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 6390738
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 2602 Betts Circle built and last sold?
The property at 2602 Betts Circle was built in 1997 and last sold on Jul 2, 2020 for $458,500.
How much is this home worth?
The estimated value of the home located at 2602 Betts Circle is $0.
What are some comparable homes to 2602 Betts Circle?
There are currently no comparable homes to 2602 Betts Circle.
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