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Mead 80542
3404 Elderberry Ln
$107,400
● Land - Off Market

3404 Elderberry Ln

Mead, CO 80542
bedrooms
Studio
bathrooms
0 Bath
$178,161
RealtyHop Estimate
63.45%
Since Dec 1, 2016
CO-Denver
Primary Model

About This Property

The community includes 54 acres of open space, a 14 acre lake and miles of walking trails.  Purchase price DOES NOT INCLUDE a $31,000 water tap to Little Thompson Water District.  Water Tap to be reimbursed to Seller at closing.  Use our Builder or yours.
Unit Size
-
Days on Market
-
Land Size
1.02 acres
Price per sqft
-
Property Type
Land
Property Taxes
$48
HOA Dues
$113
Year Built
2017

Payment Calculator

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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 (IRES MLS #783189)

Price History

Date / Event Date Event Price
Jun 11, 2018 Sold
Premium
Sold
Dec 8, 2017 Sold
Premium
Sold
Nov 23, 2016 Sold
Premium
Sold
Feb 8, 2016 Listed by Meade Builder Services, LLC $109,000
Listed by Meade Builder Services, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 18
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,947
  • Garage Type: 1
  • Garage Square Area: 1,476
  • Parking Space Count: 0
  • Patio Type: 60
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,341
  • Total Building Area: 6,954
  • Gross Building Area: 6,954
  • Building Area: 3,531
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,531
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALE VIEW REPLAT A FINAL PLAT
  • Land Acres: 0000001018
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: MEA VVRA L23 VALE VIEW REPLAT A (BELMONT PARK ANNEX)

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 002106

Geography

  • Assessors Map Reference: MAP 2315
  • Account Number: R3584905
  • Parcel: R3584905
  • Lot: 23
  • Latitude: 40.2515
  • Longitude: -104.993

    Address

  • Full Address: 3404 Elderberry Ln
  • Address - House Number: 3404
  • Address - Street Name: Elderberry
  • Address - Suffix Type: Ln
  • State: CO
  • City Name: Mead
  • Carrier Code: R802
  • 4-Digit Zip Code: 9719
  • Zip Code: 80542

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $613,438
  • Tax Rate Code Area: 5930

    Appraisal Valuation

  • Standard Deviation: 0.143
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 693,626
  • High Value: 792,816
  • Low Value: 594,436

    Market Valuation

  • Market Total Value: $947,024
  • Market Land Value: $186,653
  • Market Improvement Value: $760,371

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,450
  • Assessed Land Value: $12,510
  • Assessed Improvements Value: $50,940

    Sales

  • Current Sale Contract Date: Jun 01, 2018
  • Current Sale Recording Date: Jun 11, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 4405943
  • Previous Sale Recording Date: Dec 08, 2017
  • Previous Sale Contract Date: Nov 18, 2017
  • Previous Sale Amount: $159,900
  • Previous Sale Document Type: 71
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 Mead

Stats & Trends

Median Asking:

$559,000

Sale Price/ft²

$250

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2614 ft²

Average Home Age

10.6 years

Currently For Sale

70 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: Stan Meade, Meade Builder Services, LLC
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 783189
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 3404 Elderberry Lane built and last sold?
The property at 3404 Elderberry Lane was built in 2017 and last sold on Jun 1, 2018 for $781,668.
How much is this home worth?
The estimated value of the home located at 3404 Elderberry Lane is $110,090.
What are some comparable homes to 3404 Elderberry Lane?
There are currently no comparable homes to 3404 Elderberry Lane.
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