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Severance 80550
412 Mallard Drive
$380,000
● House - Off Market

412 Mallard Drive

Severance, CO 80550
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,300 Ft²
$416,304
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

RARE FOUR CAR, heated, attached garage with NO HOA plus backyard storage shed!!! Plenty of space to tinker, work and store. Side gravel allows for trailer or RV parking. Large corner lot with great yard and deck. Plenty of upgrades make this home low-maintenance for the next several years: new roof, new water heater and new carpet upstairs. Convenient and open eat-in kitchen PLUS front flex space works great for an office or a formal dining room. XL master bedroom with walk-in closet. Garage has door access to backyard and laundry/mudroom. The only single family home available in Severance under $380k! Showings start March 26; open house 12:00 - 2:00 PM March 27.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$269
Property Type
House
Property Taxes
$140
HOA Dues
-
Year Built
1996

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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 #RECIR936024)

Price History

Date / Event Date Event Price
May 4, 2021 Sold
Premium
Sold
Mar 24, 2021 Listed by Coldwell Banker South Metro $350,000
Listed by Coldwell Banker South Metro
Jun 29, 2015 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 40
  • Exterior Walls Type: 17
  • 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: 800
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,011
  • Total Building Area: 2,100
  • Gross Building Area: 2,100
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,300
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEVIEW ADD 1ST FG
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: SEV 1LV-48 L48 LAKEVIEW ADD 1ST FG

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 1259
  • Account Number: R0156395
  • Parcel: R0156395
  • Lot: 48
  • Meridian: SEC 2 TWN 6N RNG 67W
  • Latitude: 40.5212
  • Longitude: -104.852

    Address

  • Full Address: 412 Mallard Dr
  • Address - House Number: 412
  • Address - Street Name: Mallard
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Severance
  • Carrier Code: R008
  • 4-Digit Zip Code: 2922
  • Zip Code: 80550

Valuation

    Tax

  • Total Area: 1,300
  • Tax Year: 2023
  • Tax Amount: $214,878
  • Tax Rate Code Area: 0402

    Appraisal Valuation

  • Standard Deviation: 0.1522
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 442,250
  • High Value: 509,581
  • Low Value: 374,918

    Market Valuation

  • Market Total Value: $418,666
  • Market Land Value: $89,000
  • Market Improvement Value: $329,666

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,050
  • Assessed Land Value: $5,960
  • Assessed Improvements Value: $22,090

    Sales

  • Current Sale Contract Date: May 03, 2021
  • Current Sale Recording Date: May 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4711279
  • Previous Sale Recording Date: Jun 29, 2015
  • Previous Sale Contract Date: Jun 26, 2015
  • Previous Sale Amount: $250,500
  • 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 Severance

Stats & Trends

Median Asking:

$520,900

Sale Price/ft²

$252

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2537 ft²

Average Home Age

9.4 years

Currently For Sale

118 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 412 Mallard Drive built and last sold?
The property at 412 Mallard Drive was built in 1996 and last sold on May 3, 2021 for $380,000.
How much is this home worth?
The estimated value of the home located at 412 Mallard Drive is $0.
What are some comparable homes to 412 Mallard Drive?
There are currently no comparable homes to 412 Mallard Drive.
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