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Boulder 80503
4783 Summerlin Place
$1,957,374
● House - Off Market

4783 Summerlin Place

Longmont, CO 80503
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
5,107 Ft²
$2,037,879
RealtyHop Estimate
4.24%
Since Jan 1, 2022
CO-Denver
Primary Model

About This Property

This one-of-kind custom home from Masterwork Home Company may be one of the most interesting new homes being created Colorado.  The inspired contemporary design makes the home feel almost more like a sculpture than a structure.  The home is designed to take full advantage of the incredible views with a large upper rear deck facing the Flatirons, a front upper deck to enjoy Long's Peak and a great room with two stories of windows to highlight the foothills.  Highest quality finishes throughout the home like Wolf and Subzero appliances, custom cabinets, custom doors and more.  Each of the five bedrooms has its own bathroom.  Hurry and you can still select all of the finish details that will make this your perfect forever home.
Unit Size
5,107 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$383
Property Type
House
Property Taxes
$253
HOA Dues
$84
Year Built
2020

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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 #RECIR937454)

Price History

Date / Event Date Event Price
Dec 6, 2021 Sold
Premium
Sold
Apr 10, 2021 Listed by Bosch Real Estate Group, LLC $1,955,000
Listed by Bosch Real Estate Group, LLC
Nov 24, 2020 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 5
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,726
  • Garage Type: 1
  • Garage Square Area: 1,250
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,200
  • Total Building Area: 6,958
  • Gross Building Area: 6,958
  • Building Area: 5,107
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 5,107
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOMERSET MEADOWS FLG 5
  • Land Acres: 0000000234
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 52 SOMERSET MEADOWS FLG 5

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013214

Geography

  • Account Number: R0606903
  • Parcel: R0606903
  • Lot: 52
  • Meridian: SEC 18 TWN 2N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.131
  • Longitude: -105.165

    Address

  • Full Address: 4783 Summerlin Pl
  • Address - House Number: 4783
  • Address - Street Name: Summerlin
  • Address - Suffix Type: Pl
  • State: CO
  • City Name: Longmont
  • Carrier Code: R039
  • 4-Digit Zip Code: 3921
  • Zip Code: 80503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $829,982
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1704
  • Valuation Date: May 17, 2023
  • Confidence Score: 78
  • Final Value: 1,714,457
  • High Value: 2,006,655
  • Low Value: 1,422,259

    Market Valuation

  • Market Total Value: $1,647,100
  • Market Land Value: $194,000
  • Market Improvement Value: $1,453,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $111,426
  • Assessed Land Value: $13,124
  • Assessed Improvements Value: $98,302

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3932673
  • Previous Sale Recording Date: Nov 24, 2020
  • Previous Sale Contract Date: Nov 20, 2020
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: 68
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 Boulder

Stats & Trends

Median Asking:

$724,900

Sale Price/ft²

$375

Above Asking

0.00%

Average Days on Market

54

Average Home Size

2324 ft²

Average Home Age

37.7 years

Currently For Sale

2301 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 4783 Summerlin Place built and last sold?
The property at 4783 Summerlin Place was built in 2020 and last sold on Dec 3, 2021 for $1,957,373.
How much is this home worth?
The estimated value of the home located at 4783 Summerlin Place is $1,978,740.
What are some comparable homes to 4783 Summerlin Place?
There are currently no comparable homes to 4783 Summerlin Place.
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