For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Severance 80550
406 Ptarmigan St
$599,000
● House - Off Market

406 Ptarmigan St

Severance, CO 80550
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,419 Ft²
$3,200
Est. Monthly
$33
HOA / Fees
5.49%
Cap Rate

About This Property

Welcome to this beautiful 5 bedroom home with multiple upgraded features. Having the laundry and 4 bedrooms upstairs, makes this a rare find! Whether you prefer relaxing on the back covered patio which faces greenspace, or hanging out in the finished basement at the bar, the living space opportunities are endless here. Bordering the open space, the home is close to many trails and walking spaces. Another great thing about this home is that it is not in a Metro District which is rare to find in this area. Schedule your showing today for this highly desirable home!
Unit Size
3,419 Ft²
Days on Market
70 days
Land Size
0.22 acres
Price per sqft
$175
Property Type
House
Property Taxes
$226
HOA Dues
$33
Year Built
2014

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 years ago (IRES MLS #1007336)

Price History

Date / Event Date Event Price
Jul 11, 2024 Sold
Premium
Sold
Apr 17, 2024 Listed $599,000
Listed
Jul 21, 2014 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 16
  • 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: 1
  • Basement Area: 1,155
  • Garage Type: 1
  • Garage Square Area: 755
  • Parking Space Count: 3
  • Patio Type: 60
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,502
  • Total Building Area: 4,366
  • Gross Building Area: 4,366
  • Building Area: 3,467
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,467
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNSET RIDGE 1ST FG
  • Land Acres: 0000000218
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: L2 BLK8 SUNSET RIDGE 1ST FG

Neighborhood

  • School District Name: Windsor School District RE-4
  • Census Tract: 002208

Geography

  • Account Number: R6777448
  • Parcel: R6777448
  • Block: 8
  • Lot: 2
  • Latitude: 40.5172
  • Longitude: -104.862

    Address

  • Full Address: 406 Ptarmigan St
  • Address - House Number: 406
  • Address - Street Name: Ptarmigan
  • Address - Suffix Type: St
  • State: CO
  • City Name: Severance
  • Carrier Code: R022
  • 4-Digit Zip Code: 3118
  • Zip Code: 80550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $270,900
  • Tax Rate Code Area: 0434

    Appraisal Valuation

  • Standard Deviation: 0.1313
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 85
  • Final Value: 578,115
  • High Value: 654,029
  • Low Value: 502,201

    Market Valuation

  • Market Total Value: $511,336
  • Market Land Value: $105,000
  • Market Improvement Value: $406,336

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,260
  • Assessed Land Value: $7,040
  • Assessed Improvements Value: $27,220

    Sales

  • Current Sale Contract Date: Jul 16, 2014
  • Current Sale Recording Date: Jul 21, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4032016
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 Severance

Stats & Trends

Median Asking:

$524,900

Sale Price/ft²

$251

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2532 ft²

Average Home Age

9.2 years

Currently For Sale

119 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

Click here to view more rentals in the neighborhood.
IRES

Listed by: Weinland Team,
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1007336
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 406 Ptarmigan Street built and last sold?
The property at 406 Ptarmigan Street was built in 2014 and last sold on Jul 16, 2014 for $320,933.
How much is this home worth?
The estimated value of the home located at 406 Ptarmigan Street is $0.
What are some comparable homes to 406 Ptarmigan Street?
There are currently no comparable homes to 406 Ptarmigan Street.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Weld Homes for Sale
Weld Houses for Sale
Weld Condos for Sale
Weld Townhouses for Sale
Weld Multifamily for Sale
Weld Land for Sale
Weld Commercial for Sale
Weld Homes with Basements
Nearby Cities
Denver Homes for Sale
Fort Collins Homes for Sale
Aurora Homes for Sale
Boulder Homes for Sale
Greeley Homes for Sale
Loveland Homes for Sale
Longmont Homes for Sale
Windsor Homes for Sale
Nearby Property Records
Weld County, CO Property Records
Morgan County, CO Property Records
Adams County, CO Property Records
Broomfield County, CO Property Records
Larimer County, CO Property Records
Arapahoe County, CO Property Records
Denver County, CO Property Records
Laramie County, WY Property Records
Neighborhoods
Glenwood Grove - North Iris Real Estate
Stapleton Real Estate
The Meadows Real Estate
Baseline Sub Real Estate
Park Hill Real Estate
Whittier Real Estate
Hampden Real Estate
West Colfax Real Estate
Nearby Counties
Larimer Homes for Sale
Boulder Homes for Sale
Denver Homes for Sale
Arapahoe Homes for Sale
Jefferson Homes for Sale
Adams Homes for Sale
Douglas Homes for Sale
Laramie Homes for Sale
Top Real Estate Agents
Top Agents in Weld
Top Agents in Larimer
Top Agents in Boulder
Top Agents in Denver
Top Agents in Denver
Top Agents in Arapahoe
Top Agents in Jefferson
Top Agents in Adams