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Severance 80615
303 Jay Avenue
$513,000
● House - Off Market

303 Jay Avenue

Severance, CO 80546
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,951 Ft²
$600,798
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Welcome Home! This gorgeous 3 bedroom with an office/bedroom in the basement, This house sits on a cute lot with great landscaping. Main floor master and laundry, beautiful updated kitchen, large master with private master bath and large walk-in closet. This amazing Basement is perfect for entertaining, it  includes a wet bar with fridge, pool table stays and has a theatre room! NO HOA!! This house is a must see! BRAND NEW Roof! Solar panels and Security included in the sale of the home!Seller to Offer an $8,000 seller Credit at Closing!  May be used to buy down points, or towards closing costs!
Unit Size
2,951 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$195
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2014

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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 #RECIR972683)

Price History

Date / Event Date Event Price
Feb 7, 2023 Sold
Premium
Sold
Aug 4, 2022 Listed by Sellstate Rogue Realty $575,000
Listed by Sellstate Rogue Realty
Oct 7, 2014 Sold
Premium
Sold
Jul 1, 2014 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,525
  • Garage Type: 1
  • Garage Square Area: 507
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,605
  • Total Building Area: 3,557
  • Gross Building Area: 3,557
  • Building Area: 2,951
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,951
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HUNTER HILL SUB 2ND FG
  • Land Acres: 0000000175
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: SEV 2HH L2 BLK2 HUNTER HILL 2ND FG

Neighborhood

  • School District Name: Windsor School District RE-4
  • Census Tract: 002208

Geography

  • Assessors Map Reference: MAP 1258
  • Account Number: R0665101
  • Parcel: R0665101
  • Block: 2
  • Lot: 2
  • Meridian: SEC 1 TWN 6N RNG 67W
  • Latitude: 40.5204
  • Longitude: -104.85

    Address

  • Full Address: 303 Jay Ave
  • Address - House Number: 303
  • Address - Street Name: Jay
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Severance
  • Carrier Code: R777
  • 4-Digit Zip Code: 5020
  • Zip Code: 80546

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $283,744
  • Tax Rate Code Area: 0434

    Appraisal Valuation

  • Standard Deviation: 0.1374
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 548,269
  • High Value: 623,633
  • Low Value: 472,905

    Market Valuation

  • Market Total Value: $533,000
  • Market Land Value: $89,000
  • Market Improvement Value: $444,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,710
  • Assessed Land Value: $5,960
  • Assessed Improvements Value: $29,750

    Sales

  • Current Sale Contract Date: Feb 01, 2023
  • Current Sale Recording Date: Feb 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4880530
  • Previous Sale Recording Date: Oct 07, 2014
  • Previous Sale Contract Date: Oct 06, 2014
  • Previous Sale Amount: $267,850
  • Previous Sale Document Type: 68
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 Severance

Stats & Trends

Median Asking:

$522,900

Sale Price/ft²

$252

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2537 ft²

Average Home Age

9.4 years

Currently For Sale

118 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 303 Jay Avenue built and last sold?
The property at 303 Jay Avenue was built in 2014 and last sold on Feb 1, 2023 for $513,000.
How much is this home worth?
The estimated value of the home located at 303 Jay Avenue is $0.
What are some comparable homes to 303 Jay Avenue?
There are currently no comparable homes to 303 Jay Avenue.
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