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Evans 80620
3316 Palano Ave
$450,000
● House - Off Market

3316 Palano Ave

Evans, CO 80620
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,556 Ft²
$490,715
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Single owner home ready for you to move right in! Rare opportunity to have a newer home with a finished basement, especially one that includes a bar! Owner extended the garage to ensure a large truck or toy would fit nicely. Granite countertops, beautiful cabinetry and a large pantry as well as an owners ensuite oasis. The covered back patio which faces east is ideal for evening meals or drinks overlooking a well maintained backyard with great landscaping. Exterior water is non-potable and less expensive for you to keep a beautiful looking yard! Situated across from a planned park as well as located near an elementary school will help your long term equity too.
Unit Size
2,556 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$182
Property Type
House
Property Taxes
$205
HOA Dues
$15
Year Built
2017

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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 #975082)

Price History

Date / Event Date Event Price
Nov 21, 2022 Sold
Premium
Sold
Sep 9, 2022 Listed by Sears Real Estate $465,000
Listed by Sears Real Estate
Dec 28, 2017 Sold
Premium
Sold
Jul 13, 2017 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 18
  • 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: 1,269
  • Garage Type: 1
  • Garage Square Area: 532
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,166
  • Total Building Area: 3,088
  • Gross Building Area: 3,088
  • Building Area: 2,556
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,556
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TUSCANY 1ST FG
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: EVS 1TUS L20 BLK16 TUSCANY 1ST FG

Neighborhood

  • School District Name: Greeley School District 6
  • Census Tract: 001405

Geography

  • Assessors Map Reference: MAP 2190
  • Account Number: R8722400
  • Parcel: R8722400
  • Block: 16
  • Lot: 20
  • Meridian: SEC 23 TWN 5N RNG 66W 6TH PM
  • Latitude: 40.3834
  • Longitude: -104.748

    Address

  • Full Address: 3316 Palano Ave
  • Address - House Number: 3316
  • Address - Street Name: Palano
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Evans
  • Carrier Code: R002
  • 4-Digit Zip Code: 8946
  • Zip Code: 80620

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $251,644
  • Tax Rate Code Area: 0663

    Appraisal Valuation

  • Standard Deviation: 0.1475
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 474,822
  • High Value: 544,878
  • Low Value: 404,765

    Market Valuation

  • Market Total Value: $476,749
  • Market Land Value: $75,000
  • Market Improvement Value: $401,749

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,950
  • Assessed Land Value: $5,030
  • Assessed Improvements Value: $26,920

    Sales

  • Current Sale Contract Date: Nov 18, 2022
  • Current Sale Recording Date: Nov 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4868090
  • Previous Sale Recording Date: Dec 28, 2017
  • Previous Sale Contract Date: Dec 18, 2017
  • Previous Sale Amount: $311,300
  • 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 Evans

Stats & Trends

Median Asking:

$386,500

Sale Price/ft²

$261

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1635 ft²

Average Home Age

27.5 years

Currently For Sale

127 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: Sonja Belfiore, Sears Real Estate
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 975082
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 3316 Palano Avenue built and last sold?
The property at 3316 Palano Avenue was built in 2017 and last sold on Nov 18, 2022 for $450,000.
How much is this home worth?
The estimated value of the home located at 3316 Palano Avenue is $474,094.
What are some comparable homes to 3316 Palano Avenue?
There are currently no comparable homes to 3316 Palano Avenue.
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