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Larimer
3205 2nd Street
$950,000
● House - Off Market

3205 2nd Street

Bellvue, CO 80512
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,744 Ft²
$1,237,998
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Small irrigated Bellvue acreage abutting the west side of Watson Lake State Park!  8 acres with 2 homes... charming 1  1/2 story log cabin is sitting in mature trees with a walk out basement to the yard overlooking Watson Lake. Living room has coved ceilings, gas fireplace and newer carpet. A second 480 sq ft home has an updated kitchen and bath and sits above the 2 car garage. Various barns, carports, shops, and garages. Property includes rare dedicated water rights to the Pleasant Valley Canal that stays with the property. Beautiful views to the foothills in the west and to the east of Bellvue Dome, Watson Lake State park! Fish from your back yard!  Quiet and tranquil country living yet only 15 minutes to Old Town Fort Collins.
Unit Size
1,744 Ft²
Days on Market
-
Land Size
7.92 acres
Price per sqft
$631
Property Type
House
Property Taxes
$239
HOA Dues
-
Year Built
1940

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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 #RECIR934806)

Price History

Date / Event Date Event Price
Oct 15, 2021 Sold
Premium
Sold
Mar 5, 2021 Listed by RE/MAX Alliance-FTC Dwtn $1,100,000
Listed by RE/MAX Alliance-FTC Dwtn

Property Highlights

Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 2020
  • Building Count: 2
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 23
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 828
  • Garage Type: 4
  • Garage Square Area: 693
  • Parking Space Count: 3
  • Patio Type: 61
  • Porch Type: 20
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 344,995
  • Total Building Area: 3,122
  • Gross Building Area: 3,122
  • Building Area: 3,122
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,642
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: A
  • Land Acres: 0000007920
  • Standard Land Use Code: 7001
  • County Land Use Code: 4111
  • Legal Description 1: TR IN NE 1/4 OF SE 1/4 AND SE 1/4 OF NE 1/4 25-8-70 DESC: BEG 125 FT N OF NE COR BOSWORTHS ADD, BELLVUE, TH W 24 RODS, N 871 FT, E 24 RODS, S 871 FT TPOB

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 002300

Zoning

  • Zoning: O

Geography

  • Assessors Map Reference: 08254
  • Account Number: R0140678
  • Parcel: R0140678
  • Meridian: SEC 25 TWN 8N RNG 70W
  • Municipality: OUTSIDE CITY LIMITS
  • Latitude: 40.6336
  • Longitude: -105.173

    Address

  • Full Address: 3205 2nd St
  • Address - House Number: 3205
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: CO
  • City Name: Bellvue
  • Carrier Code: H077
  • 4-Digit Zip Code: 5807
  • Zip Code: 80512

Valuation

    Tax

  • Total Area: 2,162
  • Tax Year: 2023
  • Tax Amount: $396,361
  • Tax Rate Code Area: 1007

    Market Valuation

  • Market Total Value: $675,850
  • Market Land Value: $4,850
  • Market Improvement Value: $671,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $46,514
  • Assessed Land Value: $1,281
  • Assessed Improvements Value: $45,233

    Sales

  • Current Sale Contract Date: Oct 08, 2021
  • Current Sale Recording Date: Oct 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210095604
  • Previous Sale Recording Date: Dec 01, 1978
  • Previous Sale Contract Date: Dec 01, 1978
  • Previous Sale Document Type: 55
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 Larimer

Stats & Trends

Median Asking:

$550,250

Sale Price/ft²

$284

Above Asking

82.66%

Average Days on Market

56

Average Home Size

2234 ft²

Average Home Age

27.7 years

Currently For Sale

3413 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 3205 2nd Street built and last sold?
The property at 3205 2nd Street was built in 1940 and last sold on Oct 8, 2021 for $950,000.
How much is this home worth?
The estimated value of the home located at 3205 2nd Street is $1,071,295.
What are some comparable homes to 3205 2nd Street?
There are currently no comparable homes to 3205 2nd Street.
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