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Severance 80615
329 Central Avenue
$518,500
● House - Off Market

329 Central Avenue

Severance, CO 80550
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,782 Ft²
$532,465
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

This is the one!!! A 5 bedroom, 3 bath home with an office that backs to open space! One of the bedrooms is on the main floor as well as a full bath offering amazing versatility. Bring your toys and store them in the ample sized 3 car garage. Built in 2019, this home still feels new and offers so much more. Many upgrades and updates including ceiling fans throughout, custom shelving and cabinetry, board and batten accents, granite countertops in the kitchen as well as every bathroom, tile back splash, barn doors, full landscaping/fencing and so much more! You do not want to miss the opportunity to call this one yours!
Unit Size
2,782 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$185
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
2019

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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 #RECIR971753)

Price History

Date / Event Date Event Price
Aug 23, 2022 Sold
Premium
Sold
Jul 22, 2022 Listed by C3 Real Estate Solutions, LLC $515,000
Listed by C3 Real Estate Solutions, LLC
Dec 10, 2019 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 5
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 651
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,425
  • Total Building Area: 3,354
  • Gross Building Area: 3,354
  • Building Area: 2,703
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,703
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TAILHOLT 2ND FILING
  • Land Acres: 0000000171
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 4 BLOCK 8 TAILHOLT 2ND FILING

Neighborhood

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

Geography

  • Account Number: R8955317
  • Parcel: R8955317
  • Block: 8
  • Lot: 4
  • Latitude: 40.5211
  • Longitude: -104.847

    Address

  • Full Address: 329 Central Ave
  • Address - House Number: 329
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Severance
  • Carrier Code: R008
  • 4-Digit Zip Code: 3290
  • Zip Code: 80550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $473,124
  • Tax Rate Code Area: 5244

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 537,124
  • High Value: 614,582
  • Low Value: 459,665

    Market Valuation

  • Market Total Value: $532,093
  • Market Land Value: $95,000
  • Market Improvement Value: $437,093

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,660
  • Assessed Land Value: $6,370
  • Assessed Improvements Value: $29,290

    Sales

  • Current Sale Contract Date: Aug 19, 2022
  • Current Sale Recording Date: Aug 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 4850641
  • Previous Sale Recording Date: Dec 10, 2019
  • Previous Sale Contract Date: Dec 06, 2019
  • Previous Sale Amount: $386,000
  • 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:

$520,900

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 329 Central Avenue built and last sold?
The property at 329 Central Avenue was built in 2019 and last sold on Aug 19, 2022 for $518,500.
How much is this home worth?
The estimated value of the home located at 329 Central Avenue is $0.
What are some comparable homes to 329 Central Avenue?
There are currently no comparable homes to 329 Central Avenue.
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