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Akron 80720
375 W 5th Street
$278,000
● House - Off Market

375 W 5th Street

Akron, CO 80720
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,321 Ft²
$283,383
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Welcoming Backup Offers - Dreaming of quiet small town living?  This fantastic home gives you that plus all the luxuries you've been looking for.  Home sits on a corner lot, has been completely updated and is well appointed with lots of high end finishes while still maintaining just the right amount of historic charm. Kitchen gives you all the space you might want with upgraded appliances and is open to the roomy family room. All appliances stay. All 4 bedrooms are conforming, and egress windows were recently added to the 2 basement bedrooms. Basement bathroom has been nicely remodeled as well as new flooring in your huge laundry room. Yard is fully fenced and irrigated and gives you plenty of room for play! Home has been pre-inspected and is ready for you!
Unit Size
2,321 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$118
Property Type
House
Property Taxes
$220
HOA Dues
-
Year Built
1947

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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 #RECIR982310)

Price History

Date / Event Date Event Price
Apr 3, 2023 Sold
Premium
Sold
Feb 22, 2023 Listed by BHHS Colorado RE NO CO $275,000
Listed by BHHS Colorado RE NO CO
Aug 22, 2019 Sold
Premium
Sold
Feb 13, 2015 Sold
Premium
Sold
Feb 7, 2012 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1970
  • Building Count: 2
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 29
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,389
  • Garage Type: 1
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 700
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,389
  • Gross Building Area: 3,030
  • Building Area: 1,389
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 1,389
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AK HENDERSON 2ND ADD
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: HENDERSON 2ND BLK 3 W 1/2 LOTS 7 & 8 REC#873872

Neighborhood

  • School District Name: Akron School District R-1
  • Census Tract: 924200

Geography

  • Parcel: 92004003006
  • Block: 3
  • Lot: 7-8
  • Municipality: AKRON SCHOOL
  • Latitude: 40.1632
  • Longitude: -103.216

    Address

  • Full Address: 375 W 5th St
  • Address - House Number: 375
  • Street Direction: W
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: CO
  • City Name: Akron
  • Carrier Code: C002
  • 4-Digit Zip Code: 1110
  • Zip Code: 80720

Valuation

    Tax

  • Total Area: 2,321
  • Tax Year: 2023
  • Tax Amount: $169,232
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.4541
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 9
  • Final Value: 2,604,061
  • High Value: 3,786,820
  • Low Value: 1,421,301

    Market Valuation

  • Market Total Value: $2,620,503
  • Market Land Value: $50,400
  • Market Improvement Value: $2,570,103

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $182,133
  • Assessed Land Value: $3,510
  • Assessed Improvements Value: $178,623

    Sales

  • Current Sale Contract Date: Mar 29, 2023
  • Current Sale Recording Date: Apr 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 882175
  • Previous Sale Recording Date: Aug 22, 2019
  • Previous Sale Contract Date: Aug 22, 2019
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: 36
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 Akron

Stats & Trends

Median Asking:

$226,750

Sale Price/ft²

$122

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1306 ft²

Average Home Age

88 years

Currently For Sale

20 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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Frequently Asked Questions

When was property at 375 West 5th Street built and last sold?
The property at 375 West 5th Street was built in 1947 and last sold on Mar 29, 2023 for $278,000.
How much is this home worth?
The estimated value of the home located at 375 West 5th Street is $278,125.
What are some comparable homes to 375 West 5th Street?
There are currently no comparable homes to 375 West 5th Street.
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