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Pierce 80650
301 Cottage Avenue
$280,000
● House - Off Market

301 Cottage Avenue

Pierce, CO 80650
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,662 Ft²
$297,452
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Back on the market as of 12/17/2021 with no fault from property. Buyer got cold feet at the 11th hour. Nice ranch style home in quiet town of Pierce. Features 3 bedrooms on the main level and two bedrooms in the basement. New interior paint, new baseboard trim, new vinyl flooring in living room and kitchen, and new hot water heater. Spacious, corner lot with six storage sheds offers good privacy. Still room for a large garage or workshop.
Unit Size
1,662 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$165
Property Type
House
Property Taxes
$79
HOA Dues
-
Year Built
1971

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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 #RECIR954553)

Price History

Date / Event Date Event Price
Jan 31, 2022 Sold
Premium
Sold
Nov 4, 2021 Listed by Elevations Real Estate, LLC $275,000
Listed by Elevations Real Estate, LLC
May 31, 2017 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,920
  • Gross Building Area: 1,920
  • Building Area: 1,437
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,437
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPENCER & SHAFERS ADD
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: PIE 19036-D L11-12 BLK6 SPENCER & SHAFERS

Neighborhood

  • School District Name: Ault-Highland School District RE-9
  • Census Tract: 002300

Geography

  • Assessors Map Reference: MAP 1220
  • Account Number: R0682186
  • Parcel: R0682186
  • Block: 6
  • Lot: 11
  • Meridian: SEC 27 TWN 8N RNG 66W
  • Latitude: 40.6325
  • Longitude: -104.757

    Address

  • Full Address: 301 Cottage Ave
  • Address - House Number: 301
  • Address - Street Name: Cottage
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Pierce
  • Carrier Code: R802
  • 4-Digit Zip Code: 1120
  • Zip Code: 80650

Valuation

    Tax

  • Total Area: 1,920
  • Tax Year: 2023
  • Tax Amount: $116,152
  • Tax Rate Code Area: 0940

    Appraisal Valuation

  • Standard Deviation: 0.156
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 348,655
  • High Value: 403,062
  • Low Value: 294,248

    Market Valuation

  • Market Total Value: $327,499
  • Market Land Value: $30,100
  • Market Improvement Value: $297,399

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,950
  • Assessed Land Value: $2,020
  • Assessed Improvements Value: $19,930

    Sales

  • Current Sale Contract Date: Jan 28, 2022
  • Current Sale Recording Date: Jan 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4798573
  • Previous Sale Recording Date: May 31, 2017
  • Previous Sale Contract Date: May 30, 2017
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: 54
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 Pierce

Stats & Trends

Median Asking:

$417,500

Sale Price/ft²

$297

Below Asking

0.01%

Average Days on Market

73

Average Home Size

1766 ft²

Average Home Age

41.8 years

Currently For Sale

10 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 301 Cottage Avenue built and last sold?
The property at 301 Cottage Avenue was built in 1971 and last sold on Jan 28, 2022 for $280,000.
How much is this home worth?
The estimated value of the home located at 301 Cottage Avenue is $0.
What are some comparable homes to 301 Cottage Avenue?
There are currently no comparable homes to 301 Cottage Avenue.
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