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Longmont 80501
345 Sumner Street
$662,000
● House - Off Market

345 Sumner Street

Longmont, CO 80501
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,586 Ft²
$592,502
RealtyHop Estimate
-5.20%
Since Jul 1, 2022
CO-Denver
Primary Model

About This Property

Location! Location! Location! Tremendous opportunity to own in unbeatable Old Town Longmont. Friendly neighborhood with trees, one block from Sunset Golf Course, and within walking distance to Main Street, parks, trails, schools, and Sunset swimming pool. This bungalow has a light-filled living room, eat-in kitchen, and 4 conforming bedrooms. Wood floors, built-ins, 2 fireplaces, and archways make the home cozy and warm. New LVP flooring and paint in lower level. Newer HVAC and main level bath remodel. Enjoy the oversized corner lot with mature trees, a tranquil escape.
Unit Size
1,586 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$394
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
1949

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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 #RECIR966771)

Price History

Date / Event Date Event Price
Jun 14, 2022 Sold
Premium
Sold
May 27, 2022 Listed by Coldwell Banker Realty-Boulder $625,000
Listed by Coldwell Banker Realty-Boulder
Aug 29, 2008 Sold
Premium
Sold
Mar 6, 1986 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 16
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,082
  • Garage Type: 4
  • Garage Square Area: 384
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,388
  • Total Building Area: 2,164
  • Gross Building Area: 2,164
  • Building Area: 1,586
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,586
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAPITOL HILL - LG
  • Land Acres: 0000000147
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOTS 45-46 BLK 2 CAPITOL HILL

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013302

Geography

  • Assessors Map Reference: B2-M
  • Account Number: R0044792
  • Parcel: R0044792
  • Block: 2
  • Lot: 45
  • Meridian: SEC 04 TWN 2N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1684
  • Longitude: -105.12

    Address

  • Full Address: 345 Sumner St
  • Address - House Number: 345
  • Address - Street Name: Sumner
  • Address - Suffix Type: St
  • State: CO
  • City Name: Longmont
  • Carrier Code: C083
  • 4-Digit Zip Code: 4830
  • Zip Code: 80501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $272,558
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: May 17, 2023
  • Confidence Score: 79
  • Final Value: 708,619
  • High Value: 826,160
  • Low Value: 591,078

    Market Valuation

  • Market Total Value: $709,900
  • Market Land Value: $157,000
  • Market Improvement Value: $552,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,025
  • Assessed Land Value: $10,621
  • Assessed Improvements Value: $37,404

    Sales

  • Current Sale Contract Date: Jun 10, 2022
  • Current Sale Recording Date: Jun 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3967039
  • Previous Sale Recording Date: Aug 29, 2008
  • Previous Sale Contract Date: Aug 26, 2008
  • Previous Sale Amount: $282,000
  • 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 Longmont

Stats & Trends

Median Asking:

$544,000

Sale Price/ft²

$295

Above Asking

0.00%

Average Days on Market

51

Average Home Size

1977 ft²

Average Home Age

33.9 years

Currently For Sale

538 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 345 Sumner Street built and last sold?
The property at 345 Sumner Street was built in 1949 and last sold on Jun 10, 2022 for $662,000.
How much is this home worth?
The estimated value of the home located at 345 Sumner Street is $0.
What are some comparable homes to 345 Sumner Street?
There are currently no comparable homes to 345 Sumner Street.
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