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Longmont 80503
44 University Drive
$487,400
● House - Off Market

44 University Drive

Longmont, CO 80503
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,050 Ft²
$470,385
RealtyHop Estimate
0.10%
Since Oct 1, 2022
CO-Denver
Primary Model

About This Property

TERRIFIC IN EVERY WAY! Price! Location! Possession!  Updated 3-bedroom, 2 bath ranch with attached south facing 2-car garage  with opener. NEW flooring coverings just installed.  Brick wood burning FIREPLACE for the cool winter evenings.  NEW furnace and Central Air will be installed prior to closing.  Kitchen appliances included are dishwasher, microwave, plus NEW range/oven. Sliding glass door from kitchen eating area to patio.  Large storage shed. Nice sized fenced backyard. Garden area.  Automatic sprinkler system. Walking distance to Dawson Park, McIntosh Lake, Longmont Estates Elementary School, Westview Middle School & Pratt Park.
Unit Size
1,050 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$448
Property Type
House
Property Taxes
$179
HOA Dues
-
Year Built
1970

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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 #RECIR974339)

Price History

Date / Event Date Event Price
Nov 17, 2022 Sold
Premium
Sold
Sep 28, 2022 Sold
Premium
Sold
Aug 29, 2022 Listed by RE/MAX Traditions, Inc $469,900
Listed by RE/MAX Traditions, Inc
Jan 13, 2016 Sold
Premium
Sold
Apr 21, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 2
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 450
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,062
  • Total Building Area: 1,500
  • Gross Building Area: 1,500
  • Building Area: 1,050
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,050
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LA VISTA ESTATES & RPLT OUTLOT B LG
  • Land Acres: 0000000162
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 22 BLK 3 LA VISTA ESTATES

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013208

Geography

  • Assessors Map Reference: B2-J
  • Account Number: R0049305
  • Parcel: R0049305
  • Block: 3
  • Lot: 22
  • Meridian: SEC 32 TWN 3N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1872
  • Longitude: -105.141

    Address

  • Full Address: 44 University Dr
  • Address - House Number: 44
  • Address - Street Name: University
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Longmont
  • Carrier Code: C080
  • 4-Digit Zip Code: 2238
  • Zip Code: 80503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $211,688
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: May 17, 2023
  • Confidence Score: 79
  • Final Value: 445,205
  • High Value: 519,053
  • Low Value: 371,357

    Market Valuation

  • Market Total Value: $429,200
  • Market Land Value: $137,700
  • Market Improvement Value: $291,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,035
  • Assessed Land Value: $9,315
  • Assessed Improvements Value: $19,720

    Sales

  • Current Sale Contract Date: Sep 28, 2022
  • Current Sale Recording Date: Nov 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3989182
  • Previous Sale Recording Date: Jan 13, 2016
  • Previous Sale Contract Date: Jan 12, 2016
  • Previous Sale Amount: $235,000
  • 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 Longmont

Stats & Trends

Median Asking:

$549,000

Sale Price/ft²

$295

Above Asking

0.00%

Average Days on Market

52

Average Home Size

1975 ft²

Average Home Age

34.1 years

Currently For Sale

549 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

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Frequently Asked Questions

When was property at 44 University Drive built and last sold?
The property at 44 University Drive was built in 1970 and last sold on Sep 28, 2022 for $487,400.
How much is this home worth?
The estimated value of the home located at 44 University Drive is $469,986.
What are some comparable homes to 44 University Drive?
There are currently no comparable homes to 44 University Drive.
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