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Weld 80516
3600 County Road 7
$1,080,000
● House - Off Market

3600 County Road 7

Erie, CO 80516
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,880 Ft²
$1,150,392
RealtyHop Estimate
9.56%
Since Jul 1, 2021
CO-Denver
Primary Model

About This Property

Don't miss your opportunity to live on 5 acres in Erie!  So many upgrades!  New updated Kitchen with Stainless appliances, new cabinets, counter tops and floors.  Gorgeous 5 piece master bathroom with Washer/Dryer combo. 2nd main floor bath updated with new sink, vanity and tile throughout.  Lower level bath updated with stylish tile.  Second Laundry on Lower level with Washer and Dryer.  Lower level full kitchen open to family room and walk out to patio.  New flooring throughout!  New Siding, New Windows, New Furnace, New Solar Panels, New A/C and New Roof.  4 stall barn and tackroom with rough in bathroom, kitchen.  Amazing views and sunsets!  Bathrooms have radiant heat to keep your feet warm.  Brand new trex deck.  2 Fireplaces to keep you warm in the winter.  Amazing price for this home and location.
Unit Size
2,880 Ft²
Days on Market
-
Land Size
5.20 acres
Price per sqft
$365
Property Type
House
Property Taxes
$382
HOA Dues
-
Year Built
1992

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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 #RECIR937619)

Price History

Date / Event Date Event Price
Jun 8, 2021 Sold
Premium
Sold
Apr 13, 2021 Listed by Live West Realty $1,050,000
Listed by Live West Realty
Oct 20, 2015 Sold
Premium
Sold
Jun 4, 2001 Sold
Premium
Sold
Apr 26, 1997 Listed $299,900
Listed

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 17
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: 60
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 226,512
  • Total Building Area: 3,472
  • Gross Building Area: 3,472
  • Building Area: 2,872
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,872
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005200
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: PT N2S2NW4 15-1-68 LOT A REC EXEMPT RE-1316

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 002009

Geography

  • Assessors Map Reference: MAP 2462
  • Account Number: R0164692
  • Parcel: R0164692
  • Lot: A
  • Meridian: SEC 15 TWN 01 RNG 68
  • Latitude: 40.0534
  • Longitude: -104.997

    Address

  • Full Address: 3600 County Road 7
  • Address - House Number: 3600
  • Address - Street Name: County Road 7
  • State: CO
  • City Name: Erie
  • Carrier Code: R002
  • 4-Digit Zip Code: 8601
  • Zip Code: 80516

Valuation

    Tax

  • Total Area: 2,872
  • Tax Year: 2023
  • Tax Amount: $571,242
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 2390

    Appraisal Valuation

  • Standard Deviation: 0.1196
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 87
  • Final Value: 1,122,390
  • High Value: 1,256,678
  • Low Value: 988,102

    Market Valuation

  • Market Total Value: $1,005,434
  • Market Land Value: $410,149
  • Market Improvement Value: $595,285

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,360
  • Assessed Land Value: $27,480
  • Assessed Improvements Value: $39,880

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jun 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4723244
  • Previous Sale Recording Date: Oct 20, 2015
  • Previous Sale Contract Date: Oct 19, 2015
  • Previous Sale Amount: $535,000
  • 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 Weld

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$246

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2221 ft²

Average Home Age

22.5 years

Currently For Sale

3144 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 3600 County Rd 7 built and last sold?
The property at 3600 County Rd 7 was built in 1992 and last sold on Jun 4, 2021 for $1,080,000.
How much is this home worth?
The estimated value of the home located at 3600 County Rd 7 is $1,045,057.
What are some comparable homes to 3600 County Rd 7?
There are currently no comparable homes to 3600 County Rd 7.
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