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Larimer
461 Pine Acres Way
$725,000
● House - Off Market

461 Pine Acres Way

Bellvue, CO 80512
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,828 Ft²
$788,319
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Sitting high above Rist Canyon road and with views for 100 miles, sits this amazing home, only 10 minutes from Horsetooth Reservoir and the City of Fort Collins.  This 3bed/4bath home is unique throughout.  Wrap around deck, 4 car shop/garage, vaulted ceilings, windows from floor to ceiling so you don't miss a thing.  Half mile dirt road up to paradise, you will feel like you are way out in the country.   The 3880 finished square feet includes walk out basement which is 90% finished.
Unit Size
3,828 Ft²
Days on Market
-
Land Size
25.00 acres
Price per sqft
$200
Property Type
House
Property Taxes
$276
HOA Dues
-
Year Built
2004

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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 #RECIR973880)

Price History

Date / Event Date Event Price
Mar 22, 2023 Sold
Premium
Sold
Aug 22, 2022 Listed by Keller Williams Realty NoCo $765,000
Listed by Keller Williams Realty NoCo
Aug 2, 2022 No longer available -
No longer available
Jun 22, 2022 Price Decreased $835,000
↓ $40K (4.6%)
Price Decreased
Jun 10, 2022 Listed by Keller Williams Realty NoCo $875,000
Listed by Keller Williams Realty NoCo
Show More

Property Highlights

Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,440
  • Garage Type: 4
  • Garage Square Area: 960
  • Parking Space Count: 4
  • Patio Type: 61
  • Porch Type: 31
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,089,000
  • Total Building Area: 3,828
  • Gross Building Area: 3,828
  • Building Area: 3,828
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,146
  • Heating Fuel Type: 7

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: A
  • Land Acres: 0000025000
  • Standard Land Use Code: 7012
  • County Land Use Code: 4145
  • Legal Description 1: POR OF NE 1/4 OF SE 1/4 OF 28-8-70, BEG AT E 1/4 COR, TH N 87 15 W 1312.74 FT, S 0 1 E 830.46 FT, S 87 15 E 1312.98 FT, N 0 2 W 830.46 FT TPOB

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 002403

Zoning

  • Zoning: O

Geography

  • Assessors Map Reference: 08280
  • Account Number: R0250589
  • Parcel: R0250589
  • Meridian: SEC 28 TWN 8N RNG 70W
  • Municipality: OUTSIDE CITY LIMITS
  • Latitude: 40.6307
  • Longitude: -105.23

    Address

  • Full Address: 461 Pine Acres Way
  • Address - House Number: 461
  • Address - Street Name: Pine Acres
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Bellvue
  • Carrier Code: H071
  • 4-Digit Zip Code: 4000
  • Zip Code: 80512

Valuation

    Tax

  • Total Area: 3,828
  • Tax Year: 2023
  • Tax Amount: $407,315
  • Tax Rate Code Area: 1029

    Market Valuation

  • Market Total Value: $809,350
  • Market Land Value: $750
  • Market Improvement Value: $808,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $54,374
  • Assessed Land Value: $198
  • Assessed Improvements Value: $54,176

    Sales

  • Current Sale Contract Date: Mar 13, 2023
  • Current Sale Recording Date: Mar 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10993
  • Previous Sale Recording Date: May 08, 2020
  • Previous Sale Contract Date: Apr 15, 2020
  • Previous Sale Document Type: 40
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 Larimer

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$283

Above Asking

83.42%

Average Days on Market

56

Average Home Size

2246 ft²

Average Home Age

27.9 years

Currently For Sale

3436 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

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Frequently Asked Questions

When was property at 461 Pine Acres Way built and last sold?
The property at 461 Pine Acres Way was built in 2004 and last sold on Mar 13, 2023 for $735,000.
How much is this home worth?
The estimated value of the home located at 461 Pine Acres Way is $0.
What are some comparable homes to 461 Pine Acres Way?
There are currently no comparable homes to 461 Pine Acres Way.
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