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Longmont 80503
500 Allen Dr
$559,000
● House - Off Market

500 Allen Dr

Longmont, CO 80503
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,231 Ft²
$726,152
RealtyHop Estimate
29.90%
Since Oct 1, 2020
CO-Denver
Primary Model

About This Property

WEST SIDE Longmont - Desirable home on a large corner lot in Golden Pond Estates. NEW Exterior & Interior Basement Paint, Back Deck and Water Heater. Updated Tile Flooring in Master, Main and Basement Baths. Updated Kitchen with Quartz Counter Tops and Bosch Appliances!! Master Bed + 4 large bedrooms & 3.5 baths. Hardwood Floors, and a Cozy Fireplace. Next to St Vrain Greenway - connects w/trails throughout Longmont; Old Town, Shopping, Golden Ponds Rec Area. Easy access to the Diagonal Hwy for a quick jump to Boulder. Please forgive the work in progress, basement is getting drywall, paint and some flooring replaced. Buyer can pick colors if under contract in time.
Unit Size
3,231 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$173
Property Type
House
Property Taxes
$252
HOA Dues
$42
Year Built
1999

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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: 2 years ago (REcolorado MLS #6847076)

Price History

Date / Event Date Event Price
Dec 10, 2020 Sold
Premium
Sold
Sep 25, 2020 Sold
Premium
Sold
Aug 18, 2020 Listed $559,000
Listed
Oct 27, 2015 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 16
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,120
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,623
  • Total Building Area: 3,704
  • Gross Building Area: 3,704
  • Building Area: 3,304
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,304
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GOLDEN POND ESTATES FLG 2 - LG
  • Land Acres: 0000000244
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 11 GOLDEN POND ESTATES FLG 2

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013212

Geography

  • Assessors Map Reference: B2-M
  • Account Number: R0050708
  • Parcel: R0050708
  • Lot: 11
  • Meridian: SEC 05 TWN 2N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1688
  • Longitude: -105.133

    Address

  • Full Address: 500 Allen Dr
  • Address - House Number: 500
  • Address - Street Name: Allen
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Longmont
  • Carrier Code: R008
  • 4-Digit Zip Code: 4055
  • Zip Code: 80503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $354,810
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1627
  • Valuation Date: May 17, 2023
  • Confidence Score: 79
  • Final Value: 776,298
  • High Value: 902,658
  • Low Value: 649,937

    Market Valuation

  • Market Total Value: $783,500
  • Market Land Value: $91,300
  • Market Improvement Value: $692,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,003
  • Assessed Land Value: $6,176
  • Assessed Improvements Value: $46,827

    Sales

  • Current Sale Contract Date: Sep 25, 2020
  • Current Sale Recording Date: Dec 10, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3840374
  • Previous Sale Recording Date: Oct 27, 2015
  • Previous Sale Contract Date: Oct 23, 2015
  • Previous Sale Amount: $384,000
  • 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:

$545,000

Sale Price/ft²

$295

Above Asking

0.00%

Average Days on Market

51

Average Home Size

1970 ft²

Average Home Age

33.9 years

Currently For Sale

536 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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REcolorado

Listed by: Moriah Sullivan,
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 6847076
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 500 Allen Drive built and last sold?
The property at 500 Allen Drive was built in 1999 and last sold on Sep 25, 2020 for $559,000.
How much is this home worth?
The estimated value of the home located at 500 Allen Drive is $0.
What are some comparable homes to 500 Allen Drive?
There are currently no comparable homes to 500 Allen Drive.
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