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Severance 80615
328 Jay Ave
$520,000
● House - Off Market

328 Jay Ave

Severance, CO 80550
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,384 Ft²
$535,620
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

This beautiful home is just like new and has a spacious floor plan. Over 3,000 sq ft for 515k! This home has 4 bedrooms, 3 bathrooms, with a 3 car garage and a huge fenced in backyard that backs up to green space and walking trails. The kitchen features granite countertops, updated cabinetry, a gas stove and all stainless steel appliances that come with the home. If you're looking for a home that's been meticulously maintained and has a ton of value, you've found it. Come tour your new home today!
Unit Size
2,384 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$216
Property Type
House
Property Taxes
$318
HOA Dues
$80
Year Built
2018

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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 (IRES MLS #973690)

Price History

Date / Event Date Event Price
Oct 13, 2022 Sold
Premium
Sold
Aug 18, 2022 Listed by eXp Realty LLC $515,000
Listed by eXp Realty LLC
Dec 1, 2021 Sold
Premium
Sold
Oct 25, 2021 Listed by eXp Realty LLC $495,000
Listed by eXp Realty LLC
Apr 9, 2019 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 857
  • Garage Type: 1
  • Garage Square Area: 624
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,621
  • Total Building Area: 3,865
  • Gross Building Area: 3,865
  • Building Area: 2,384
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,384
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TAILHOLT 1ST FG
  • Land Acres: 0000000198
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 8 BLOCK 5 TAILHOLT 1ST FG

Neighborhood

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

Geography

  • Account Number: R8946981
  • Parcel: R8946981
  • Block: 5
  • Lot: 8
  • Latitude: 40.5198
  • Longitude: -104.847

    Address

  • Full Address: 328 Jay Ave
  • Address - House Number: 328
  • Address - Street Name: Jay
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Severance
  • Carrier Code: R008
  • 4-Digit Zip Code: 3283
  • Zip Code: 80550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $480,228
  • Tax Rate Code Area: 5244

    Appraisal Valuation

  • Standard Deviation: 0.1359
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 525,814
  • High Value: 597,285
  • Low Value: 454,343

    Market Valuation

  • Market Total Value: $539,239
  • Market Land Value: $95,000
  • Market Improvement Value: $444,239

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,130
  • Assessed Land Value: $6,370
  • Assessed Improvements Value: $29,760

    Sales

  • Current Sale Contract Date: Sep 13, 2022
  • Current Sale Recording Date: Oct 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4860895
  • Previous Sale Recording Date: Dec 01, 2021
  • Previous Sale Contract Date: Nov 24, 2021
  • Previous Sale Amount: $472,500
  • 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:

$524,950

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2551 ft²

Average Home Age

8.4 years

Currently For Sale

121 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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IRES

Listed by: Nicole Clements, eXp Realty LLC
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 973690
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 328 Jay Avenue built and last sold?
The property at 328 Jay Avenue was built in 2018 and last sold on Sep 13, 2022 for $520,000.
How much is this home worth?
The estimated value of the home located at 328 Jay Avenue is $519,636.
What are some comparable homes to 328 Jay Avenue?
There are currently no comparable homes to 328 Jay Avenue.
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