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Morgan 80701
29 Lakeview Circle
$79,000
● Land - Off Market

29 Lakeview Circle

Fort Morgan, CO 80701
bedrooms
Studio
bathrooms
0 Bath
$89,681
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Experience the freedom & lifestyle Blue Sky Preserve has to offer. Imagine . . . incredible views, spectacular sunsets, having fun along the shore of the private lake OR enjoy early morning kayaking. Consider, the 300 acres of dedicated open space that offers exploring, hiking, experience the wildlife . . . deer, wild turkeys, & numerous species of birds . . . a bird watchers paradise! The feel and sense of belonging, community, family, activity are ALL part of what Blue Sky Preserve is about!
Unit Size
-
Days on Market
-
Land Size
0.81 acres
Price per sqft
-
Property Type
Land
Property Taxes
$29
HOA Dues
$54
Year Built
-

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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 #RECIR886683)

Price History

Date / Event Date Event Price
Aug 17, 2022 Sold
Premium
Sold
Sep 15, 2021 Sold
Premium
Sold
Jun 28, 2019 Listed by Colorado Land Co. LLC $79,000
Listed by Colorado Land Co. LLC

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,196
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLUE SKY PRESERVE P D
  • Land Acres: 0000000808
  • Standard Land Use Code: 1001
  • Legal Description 1: SUBD BLUE SKY PRESERVE P D FM (18 &19-4-57) LOT 029 S 19 T 4 R 57 NW14

Neighborhood

  • School District Name: Fort Morgan School District RE-3
  • Census Tract: 000100

Geography

  • Parcel: R019216
  • Lot: 29
  • Meridian: SEC 19 TWN 04 RNG 57
  • Municipality: CD FP MFD MS QW
  • Latitude: 40.3028
  • Longitude: -103.809

    Address

  • Full Address: 29 Lakeview Cir
  • Address - House Number: 29
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Cir
  • State: CO
  • City Name: Fort Morgan
  • Carrier Code: R001
  • 4-Digit Zip Code: 4700
  • Zip Code: 80701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $272,320
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 247

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 375,503
  • High Value: 438,646
  • Low Value: 312,361

    Market Valuation

  • Market Total Value: $97,310
  • Market Land Value: $83,020
  • Market Improvement Value: $14,290

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $6,760
  • Assessed Land Value: $5,770
  • Assessed Improvements Value: $990

    Sales

  • Current Sale Contract Date: Aug 15, 2022
  • Current Sale Recording Date: Aug 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 942277
  • Previous Sale Recording Date: Sep 15, 2021
  • Previous Sale Contract Date: Sep 14, 2021
  • Previous Sale Amount: $129,500
  • 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 Morgan

Stats & Trends

Median Asking:

$339,000

Sale Price/ft²

$198

Below Asking

0.03%

Average Days on Market

62

Average Home Size

2133 ft²

Average Home Age

51.5 years

Currently For Sale

263 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 29 Lakeview Circle built and last sold?
The property at 29 Lakeview Circle was built in and last sold on Aug 15, 2022 for $641,083.
How much is this home worth?
The estimated value of the home located at 29 Lakeview Circle is $0.
What are some comparable homes to 29 Lakeview Circle?
There are currently no comparable homes to 29 Lakeview Circle.
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