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Larimer 80524
5021 Kitchell Way
$975,000
● House - Off Market

5021 Kitchell Way

Fort Collins, CO 80524
bedrooms
5 Beds
bathrooms
5 Baths
square feet
4,045 Ft²
$1,104,386
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

FIRST TIME ON THE MARKET!  Custom Built 5 bed/5 bath on 5.18 Irrigated acres. Enjoy this well cared for home located just minutes to town.  Front Range/mountain views, mature trees and a peaceful setting are just a few of the highlights.  Spacious two story family room that is light and bright, bringing the Colorado outdoors in.  An expansive deck allows for great flow of entertaining.  Main Floor master with an expansive custom closet.  Finished basement allows for additional space for your gym or movie room.  Take a walk down the path to the 40x30 Custom Built Shop with plenty of room for all your toys.  Room for your horses and pets as well.  Truly a Gem!
Unit Size
4,045 Ft²
Days on Market
-
Land Size
5.18 acres
Price per sqft
$239
Property Type
House
Property Taxes
$458
HOA Dues
$48
Year Built
1989

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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 #RECIR944159)

Price History

Date / Event Date Event Price
Aug 5, 2021 Sold
Premium
Sold
May 31, 2021 Listed by Kentwood RE Northern Prop Llc $965,000
Listed by Kentwood RE Northern Prop Llc

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,233
  • Garage Type: 1
  • Garage Square Area: 857
  • Parking Space Count: 3
  • Patio Type: 61
  • Porch Type: 31
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 225,641
  • Total Building Area: 4,903
  • Gross Building Area: 4,903
  • Building Area: 4,046
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,046
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KITCHELL
  • Land Acres: 0000005180
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: LOT 2, KITCHELL SUB

Neighborhood

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

Zoning

  • Zoning: FA1

Geography

  • Assessors Map Reference: 87150
  • Account Number: R1313894
  • Parcel: R1313894
  • Lot: 2
  • Meridian: SEC 15 TWN 7N RNG 68W
  • Municipality: OUTSIDE CITY LIMITS
  • Latitude: 40.5718
  • Longitude: -104.983

    Address

  • Full Address: 5021 Kitchell Way
  • Address - House Number: 5021
  • Address - Street Name: Kitchell
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Fort Collins
  • Carrier Code: R040
  • 4-Digit Zip Code: 9289
  • Zip Code: 80524

Valuation

    Tax

  • Total Area: 4,018
  • Tax Year: 2023
  • Tax Amount: $766,772
  • Tax Rate Code Area: 1911

    Appraisal Valuation

  • Standard Deviation: 0.1354
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 1,224,840
  • High Value: 1,390,754
  • Low Value: 1,058,927

    Market Valuation

  • Market Total Value: $1,175,400
  • Market Land Value: $75,000
  • Market Improvement Value: $1,100,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $78,752
  • Assessed Land Value: $5,025
  • Assessed Improvements Value: $73,727

    Sales

  • Current Sale Contract Date: Aug 04, 2021
  • Current Sale Recording Date: Aug 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 20210074372

    Financing

  • First Mortgage Financing Type: ADJ
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:

$550,900

Sale Price/ft²

$283

Above Asking

81.71%

Average Days on Market

57

Average Home Size

2235 ft²

Average Home Age

27.8 years

Currently For Sale

3396 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 5021 Kitchell Way built and last sold?
The property at 5021 Kitchell Way was built in 1989 and last sold on Aug 4, 2021 for $975,000.
How much is this home worth?
The estimated value of the home located at 5021 Kitchell Way is $975,852.
What are some comparable homes to 5021 Kitchell Way?
There are currently no comparable homes to 5021 Kitchell Way.
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