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Longmont 80503
2923 Bow Line Place
$450,000
● House - Off Market

2923 Bow Line Place

Longmont, CO 80503
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,764 Ft²
$500,236
RealtyHop Estimate
2.30%
Since Dec 1, 2022
CO-Denver
Primary Model

About This Property

LOCATION! LOCATION! LOCATION! Enjoy walking to McIntosh Lake from this 3-bedroom, 2-bath RANCH with FINISHED basement + 2-car garage ideally located in the popular Shores neighborhood.  HOA amenities include Community swimming pool, park and tennis courts.  Open floor plan with vaulted ceiling in living room.  Gas log fireplace for the upcoming cool evenings.  Primary bedroom has access to bath with tub and separate walk in shower. Chair lift to basement included. Finished basement includes family room, full bath, laundry area and bedroom.  Whole house fan, ceiling fan, central air, and humidifier. Covered back patio, fenced yard with sprinkler system.  NEW DURATION STORM CLASS 4 IMPACT ROOF to be installed at Seller's expense prior to closing. Home says "BUY!" PRICE says "NOW!"
Unit Size
1,764 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$277
Property Type
House
Property Taxes
$237
HOA Dues
$72
Year Built
1985

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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 #RECIR976015)

Price History

Date / Event Date Event Price
Dec 1, 2022 Sold
Premium
Sold
Sep 23, 2022 Listed by RE/MAX Traditions, Inc $489,000
Listed by RE/MAX Traditions, Inc
Apr 26, 1989 Sold
Premium
Sold
Dec 18, 1985 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 3
  • 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: 560
  • Garage Type: 1
  • Garage Square Area: 529
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,121
  • Total Building Area: 2,293
  • Gross Building Area: 2,293
  • Building Area: 1,204
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,204
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHORES PUD 1 - LG
  • Land Acres: 0000000141
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 4 BLK 2 SHORES THE 1

Neighborhood

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

Geography

  • Assessors Map Reference: B2-J
  • Account Number: R0097033
  • Parcel: R0097033
  • Block: 2
  • Lot: 4
  • Meridian: SEC 29 TWN 3N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.2025
  • Longitude: -105.143

    Address

  • Full Address: 2923 Bow Line Pl
  • Address - House Number: 2923
  • Address - Street Name: Bow Line
  • Address - Suffix Type: Pl
  • State: CO
  • City Name: Longmont
  • Carrier Code: R012
  • 4-Digit Zip Code: 9277
  • Zip Code: 80503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $281,146
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1648
  • Valuation Date: May 24, 2023
  • Confidence Score: 79
  • Final Value: 555,849
  • High Value: 647,465
  • Low Value: 464,233

    Market Valuation

  • Market Total Value: $550,700
  • Market Land Value: $128,200
  • Market Improvement Value: $422,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,255
  • Assessed Land Value: $8,673
  • Assessed Improvements Value: $28,582

    Sales

  • Current Sale Contract Date: Nov 30, 2022
  • Current Sale Recording Date: Dec 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3990684
  • Previous Sale Recording Date: Apr 26, 1989
  • Previous Sale Contract Date: Apr 26, 1989
  • Previous Sale Amount: $106,600
  • Previous Sale Document Type: 27
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

1975 ft²

Average Home Age

34.1 years

Currently For Sale

549 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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Frequently Asked Questions

When was property at 2923 Bow Line Place built and last sold?
The property at 2923 Bow Line Place was built in 1985 and last sold on Nov 30, 2022 for $450,000.
How much is this home worth?
The estimated value of the home located at 2923 Bow Line Place is $0.
What are some comparable homes to 2923 Bow Line Place?
There are currently no comparable homes to 2923 Bow Line Place.
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