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Timnath 80547
5008 5th Ave
$575,000
● House - Off Market

5008 5th Ave

Timnath, CO 80547
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,224 Ft²
$3,237
Est. Monthly

About This Property

Timnath Charm with Room to Grow - Hobby Farm and Reservoir Access on Nearly Half an Acre. Discover a rare blend of historic character, modern upgrades, and outdoor opportunity in the heart of Timnath. This completely reimagined 2-bedroom, 2.5-bath residence sits on a generous 0.4-acre lot-delivering the kind of space that invites outdoor living, gardening, and even small-scale homesteading. Inside, the home has been fully renovated from top to bottom. You'll find new windows, flooring, kitchen, appliances, and bathrooms-including a luxurious primary suite with in-floor heating. Comfort is further enhanced by three high-efficiency Daikin mini split systems and an instant hot water heater, providing energy-efficient heating and cooling throughout the year.In the main living area, a free-standing fireplace anchors the space-perfect for quiet mornings or cozy evenings. The outdoor amenities are just as impressive: a new greenhouse, a detached shop (almost 500 sq ft), fresh landscaping, newly planted fruit trees and grass as well as a pergola create the perfect backdrop for gardening, entertaining, or simply relaxing. Zoning allows for an 800 sq. ft. Accessory Dwelling Unit (ADU) ideal for multi-gen living so there's room to grow.Adding even more value, new homeowners will enjoy exclusive access to Timnath Reservoir, a resident-only lake ideal for paddleboarding, swimming, and motorized boating (with an approved town permit). It's a lifestyle perk that few neighborhoods can offer-bringing nature and recreation just minutes from your front door. Whether you're downsizing from acreage or upgrading from a tight city lot, this Timnath gem offers space, flexibility, and a lifestyle that's hard to match. Schedule your private showing and imagine what life could look like-on your own terms.
Unit Size
1,224 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$482
Property Type
House
Property Taxes
$340
HOA Dues
-
Year Built
1920

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Last updated: 2 months ago (IRES MLS #IRE1032135)

Price History

Date / Event Date Event Price
Aug 8, 2025 Sold
Sold
Jul 6, 2025 In contract -
In contract
Jun 29, 2025 Price Decreased $590,000
↓ $34K (5.5%)
Price Decreased
Jun 13, 2025 Price Decreased $624,000
↓ $17K (2.7%)
Price Decreased
May 23, 2025 Price Increased $641,000
↑ $51K (8.6%)
Price Increased
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Property Highlights

Garage
Fireplace
Parking Available
With View

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 31
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 756
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 31
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 17,306
  • Total Building Area: 1,980
  • Gross Building Area: 1,980
  • Building Area: 1,224
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,224
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: W 42 FT LOT 5 & ALL LOTS 6, 7, & 8, BLK
  • Land Acres: 0000000397
  • Standard Land Use Code: 1101
  • County Land Use Code: 1229L
  • Legal Description 1: LOT B, W 42 FT LOT 5 & ALL LOTS 6, 7, & 8, BLK 10, TIM, AMD PLAT (2003009890)

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 002506

Geography

  • Assessors Map Reference: 87341
  • Account Number: R1622872
  • Parcel: R1622872
  • Block: 10
  • Lot: B
  • Meridian: SEC 34 TWN 7N RNG 68W
  • Municipality: TIMNATH
  • Latitude: 40.5314
  • Longitude: -104.984

    Address

  • Full Address: 5008 5th Ave
  • Address - House Number: 5008
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Timnath
  • Zip Code: 80547

Valuation

    Tax

  • Total Area: 1,980
  • Tax Year: 2023
  • Tax Amount: $354,085
  • Tax Rate Code Area: 1603

    Appraisal Valuation

  • Standard Deviation: 0.1273
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 85
  • Final Value: 415,696
  • High Value: 468,639
  • Low Value: 362,752

    Market Valuation

  • Market Total Value: $578,000
  • Market Land Value: $30,000
  • Market Improvement Value: $548,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $38,726
  • Assessed Land Value: $2,010
  • Assessed Improvements Value: $36,716

    Sales

  • Current Sale Contract Date: Feb 02, 2023
  • Current Sale Recording Date: Feb 03, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4435
  • Previous Sale Recording Date: Jan 29, 2001
  • Previous Sale Contract Date: Jan 24, 2001
  • Previous Sale Amount: $131,200
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Timnath


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Frequently Asked Questions

When was property at 5008 5th Avenue built and last sold?
The property at 5008 5th Avenue was built in 1920 and last sold on Feb 2, 2023 for $395,000.
How much is this home worth?
The estimated value of the home located at 5008 5th Avenue is $620,651.
What are some comparable homes to 5008 5th Avenue?
There are currently no comparable homes to 5008 5th Avenue.