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Sterling 80751
387 Logan St
$250,000
● House - Off Market

387 Logan St

Sterling, CO 80751
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,015 Ft²
$261,008
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

What more can you ask for....This 3 bedroom 1 bath that has more updates than you can count is calling your name. Updated open concept living and kitchen area with granite countertops, new cabinets, appliances and fixtures will welcome you home. 3 large bedrooms and completely remodeled bathroom. Exterior updates include new concrete patio area, wood privacy fence, new concrete in the garage and driveway, garage door and opener. Excellence is what you can expect from this amazing corner lot home. Dont let this one get away! Call today for your chance to view your new home!
Unit Size
1,015 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$255
Property Type
House
Property Taxes
$62
HOA Dues
-
Year Built
1956

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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 #984321)

Price History

Date / Event Date Event Price
May 26, 2023 Sold
Premium
Sold
Mar 27, 2023 Listed by Area Wide Realty, LLC $259,000
Listed by Area Wide Realty, LLC
Sep 1, 2022 Sold
Premium
Sold
Aug 13, 2022 Listed by Area Wide Realty, LLC $145,000
Listed by Area Wide Realty, LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1967
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 286
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,187
  • Lot Size Depth Feet: 1,106
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,015
  • Building Area: 1,015
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,015
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHARMONY 5TH
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 1 BLK 20 CHARMONY ADDN 5TH FILING STERLING

Neighborhood

  • School District Name: Valley School District RE-1
  • School Tax School District: RE-1
  • Census Tract: 966200

Geography

  • Parcel: 2522000
  • Block: 20
  • Lot: 1
  • Municipality: STERLING
  • Latitude: 40.6401
  • Longitude: -103.198

    Address

  • Full Address: 387 Logan St
  • Address - House Number: 387
  • Address - Street Name: Logan
  • Address - Suffix Type: St
  • State: CO
  • City Name: Sterling
  • Carrier Code: C007
  • 4-Digit Zip Code: 2331
  • Zip Code: 80751

Valuation

    Tax

  • Total Area: 1,015
  • Tax Year: 2023
  • Tax Amount: $50,018
  • Tax Rate Code Area: 117

    Appraisal Valuation

  • Standard Deviation: 0.2497
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 64
  • Final Value: 222,841
  • High Value: 278,486
  • Low Value: 167,195

    Market Valuation

  • Market Total Value: $130,310
  • Market Land Value: $24,810
  • Market Improvement Value: $105,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $9,050
  • Assessed Land Value: $1,720
  • Assessed Improvements Value: $7,330

    Sales

  • Current Sale Contract Date: May 26, 2023
  • Current Sale Recording Date: May 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 766324
  • Previous Sale Recording Date: Sep 01, 2022
  • Previous Sale Contract Date: Sep 01, 2022
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: 54
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 Sterling

Stats & Trends

Median Asking:

$231,500

Sale Price/ft²

$165

Above Asking

7.55%

Average Days on Market

63

Average Home Size

1441 ft²

Average Home Age

84.6 years

Currently For Sale

106 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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IRES

Listed by: Shannon Selvidge, Area Wide Realty, LLC
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 984321
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 387 Logan Street built and last sold?
The property at 387 Logan Street was built in 1956 and last sold on May 26, 2023 for $250,000.
How much is this home worth?
The estimated value of the home located at 387 Logan Street is $0.
What are some comparable homes to 387 Logan Street?
There are currently no comparable homes to 387 Logan Street.
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