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Berthoud 80513
412 Michigan Ave
$380,000
● House - Off Market

412 Michigan Ave

Berthoud, CO 80513
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,208 Ft²
$2,043
Est. Monthly
4.57%
Cap Rate

About This Property

This home has lots of potential and room to grow. Very large lot (oversized), new fenced in back yard with gate access from front. 2 bedroom/ 1 bath Tri-level, eat in kitchen with lots of cabinets, comes with frig, stove/oven, dishwasher, and microwave. Newer vinyl windows. Basement is unfinished ready for another bedroom and bath. Utilities are in the basement. Single car garage. New water heater and new sewer line.Lots of shade. Near Ivy stockwell and the new Town Park. Just a short distance to downtown Berthoud. NO HOA or Metro
Unit Size
1,208 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$310
Property Type
House
Property Taxes
$202
HOA Dues
-
Year Built
1974

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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: 13 months ago (IRES MLS #1044085)

Price History

Date / Event Date Event Price
Oct 27, 2025 Sold
Premium
Sold
Sep 19, 2025 Listed by Resident Realty $375,000
Listed by Resident Realty
Feb 16, 2022 Sold
Premium
Sold
Nov 26, 2021 Listed by Resident Realty $340,000
Listed by Resident Realty
Apr 5, 2021 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 384
  • Garage Type: 1
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 31
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,040
  • Total Building Area: 1,872
  • Gross Building Area: 1,872
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREER
  • Land Acres: 0000000208
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: LOT 10, BLK 2, GREER 2ND, BERTHOUD

Neighborhood

  • School District Name: Thompson School District R-2J
  • Census Tract: 002700

Geography

  • Assessors Map Reference: 94231
  • Account Number: R0484342
  • Parcel: R0484342
  • Block: 2
  • Lot: 10
  • Meridian: SEC 23 TWN 4N RNG 69W
  • Municipality: BERTHOUD
  • Latitude: 40.3017
  • Longitude: -105.081

    Address

  • Full Address: 412 Michigan Ave
  • Address - House Number: 412
  • Address - Street Name: Michigan
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Berthoud
  • Carrier Code: R009
  • 4-Digit Zip Code: 1399
  • Zip Code: 80513

Valuation

    Tax

  • Total Area: 1,200
  • Tax Year: 2023
  • Tax Amount: $233,211
  • Tax Rate Code Area: 2400

    Appraisal Valuation

  • Standard Deviation: 0.1408
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 426,564
  • High Value: 486,647
  • Low Value: 366,481

    Market Valuation

  • Market Total Value: $430,300
  • Market Land Value: $30,700
  • Market Improvement Value: $399,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $28,830
  • Assessed Land Value: $2,057
  • Assessed Improvements Value: $26,773

    Sales

  • Current Sale Contract Date: Feb 15, 2022
  • Current Sale Recording Date: Feb 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 10462
  • Previous Sale Recording Date: Apr 05, 2021
  • Previous Sale Contract Date: Apr 05, 2021
  • Previous Sale Amount: $489,905
  • 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 Berthoud

Stats & Trends

Median Asking:

$599,990

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2690 ft²

Average Home Age

8.5 years

Currently For Sale

225 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: Cathy Heckman, Resident Realty
Last Updated: 13 months ago
Data Source: IRES MLS, MLS# 1044085
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 412 Michigan Avenue built and last sold?
The property at 412 Michigan Avenue was built in 1974 and last sold on Feb 15, 2022 for $330,000.
How much is this home worth?
The estimated value of the home located at 412 Michigan Avenue is $377,260.
What are some comparable homes to 412 Michigan Avenue?
There are currently no comparable homes to 412 Michigan Avenue.
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