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Fort Collins 80525 Rigden Farm
2938 Joseph Drive
$483,000
● House - Off Market

2938 Joseph Drive

Fort Collins, CO 80525
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$555,771
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Shows like a model home! Immaculate ranch style home located on a quiet street in Rigden Farm. Vaulted ceilings and an open floor plan welcome you into this 3 bedroom, 2 bathroom home. Entertainer's dream kitchen with an granite counters, amazing cabinet space and an oversized island. Downstairs you'll find a partial unfinished basement, crawl space with plenty of storage and radon mitigation system. Stunning curb appeal with brand new paint and class IV roof. Conveniently located near the Fort Collins trail systems, shopping, dining and schools.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$339
Property Type
House
Property Taxes
$207
HOA Dues
$40
Year Built
2015

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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 #RECIR940896)

Price History

Date / Event Date Event Price
Jul 1, 2021 Sold
Premium
Sold
May 20, 2021 Listed by C3 Real Estate Solutions, LLC $475,000
Listed by C3 Real Estate Solutions, LLC
Oct 21, 2015 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 680
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 31
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,791
  • Total Building Area: 2,480
  • Gross Building Area: 2,480
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIGDEN FARM
  • Land Acres: 0000000133
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: LOT 147, RIGDEN FARM 6TH, FTC 20040051421

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 001602

Zoning

  • Zoning: LMN

Geography

  • Assessors Map Reference: 87291
  • Account Number: R1630026
  • Parcel: R1630026
  • Lot: 147
  • Meridian: SEC 29 TWN 7N RNG 68W
  • Municipality: FORT COLLINS
  • Latitude: 40.548
  • Longitude: -105.022

    Address

  • Full Address: 2938 Joseph Dr
  • Address - House Number: 2938
  • Address - Street Name: Joseph
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Fort Collins
  • Carrier Code: R048
  • 4-Digit Zip Code: 2951
  • Zip Code: 80525

Valuation

    Tax

  • Total Area: 2,080
  • Tax Year: 2023
  • Tax Amount: $301,921
  • Tax Rate Code Area: 1100

    Appraisal Valuation

  • Standard Deviation: 0.1418
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 528,741
  • High Value: 603,726
  • Low Value: 453,755

    Market Valuation

  • Market Total Value: $548,600
  • Market Land Value: $164,300
  • Market Improvement Value: $384,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $36,756
  • Assessed Land Value: $11,008
  • Assessed Improvements Value: $25,748

    Sales

  • Current Sale Contract Date: Jun 23, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210063725
  • Previous Sale Recording Date: Oct 21, 2015
  • Previous Sale Contract Date: Oct 21, 2015
  • Previous Sale Amount: $339,000
  • 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 Rigden Farm

Stats & Trends

Median Asking:

$478,750

Sale Price/ft²

$293

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1823 ft²

Average Home Age

15.3 years

Currently For Sale

18 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 2938 Joseph Drive built and last sold?
The property at 2938 Joseph Drive was built in 2015 and last sold on Jun 23, 2021 for $483,000.
How much is this home worth?
The estimated value of the home located at 2938 Joseph Drive is $477,281.
What are some comparable homes to 2938 Joseph Drive?
There are currently no comparable homes to 2938 Joseph Drive.
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