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Denver 80239 Montbello
5111 Ursula Way
$525,000
● House - Off Market

5111 Ursula Way

Denver, CO 80239
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,137 Ft²
$506,433
RealtyHop Estimate
-2.42%
Since Jul 1, 2023
CO-Denver
Primary Model

About This Property

Beautiful updated home located in Montbello. This home has been remodeled with high end touches. As you walk in you are welcomed by the open floor plan that includes living space , dining area, kitchen and kitchen island. The kitchen features smart appliances, quartz countertops and  soft close kitchen cabinets. All 3 bedrooms are located upstairs for your convenience and the master bedroom includes a 3/4 bathroom! Downstairs you will find a very large family room with 2 additional pockets of space, great for office or play space! The basement is completely open and finished ready for your needs. This home features a .25 acre lot plenty of backyard space for all your needs! Everything in this home is new! New roof  and sewer line in 2022.
Unit Size
2,137 Ft²
Days on Market
29 days
Land Size
0.25 acres
Price per sqft
$243
Property Type
House
Property Taxes
$163
HOA Dues
-
Year Built
1970

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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: 11 months ago (REcolorado MLS #7766990)

Price History

Date / Event Date Event Price
Jul 3, 2023 Sold
Premium
Sold
May 31, 2023 Listed by Megastar Realty $519,000
Listed by Megastar Realty
Mar 8, 2023 Sold
Premium
Sold
Feb 22, 2023 Listed by Megastar Realty $350,000
Listed by Megastar Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 39
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 506
  • Garage Type: 1
  • Garage Square Area: 548
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,000
  • Total Building Area: 2,411
  • Gross Building Area: 2,411
  • Building Area: 2,137
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,137
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MONTBELLO NO 16
  • Land Acres: 0000000253
  • Standard Land Use Code: 1001
  • County Land Use Code: 113
  • Legal Description 1: MONTBELLO NO 16 B6 L16

Neighborhood

  • School District Name: Denver County School District 1
  • Census Tract: 008304

Zoning

  • Zoning: S-SU

Geography

  • Parcel: 01132-10-016-000
  • Block: 6
  • Lot: 16
  • Municipality: CITY & COUNTY OF DENVER
  • Latitude: 39.7902
  • Longitude: -104.839

    Address

  • Full Address: 5111 Ursula Way
  • Address - House Number: 5111
  • Address - Street Name: Ursula
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Denver
  • Carrier Code: C025
  • 4-Digit Zip Code: 4037
  • Zip Code: 80239

Valuation

    Tax

  • Total Area: 2,137
  • Tax Year: 2022
  • Tax Amount: $195,870
  • Tax Rate Code Area: DENVER

    Appraisal Valuation

  • Standard Deviation: 0.0712
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 95
  • Final Value: 522,394
  • High Value: 559,601
  • Low Value: 485,186

    Market Valuation

  • Market Total Value: $354,400
  • Market Land Value: $76,700
  • Market Improvement Value: $277,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,630
  • Assessed Land Value: $5,330
  • Assessed Improvements Value: $19,300

    Sales

  • Current Sale Contract Date: Jun 29, 2023
  • Current Sale Recording Date: Jul 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 62184
  • Previous Sale Recording Date: Mar 08, 2023
  • Previous Sale Contract Date: Mar 03, 2023
  • Previous Sale Amount: $370,000
  • 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 Northeast Denver

Stats & Trends

Median Asking:

$540,000

Sale Price/ft²

$337

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1744 ft²

Average Home Age

52.6 years

Currently For Sale

1256 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: Claudia Romero, Megastar Realty
Last Updated: 11 months ago
Data Source: REcolorado MLS, MLS# 7766990
© 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 5111 Ursula Way built and last sold?
The property at 5111 Ursula Way was built in 1970 and last sold on Jun 29, 2023 for $525,000.
How much is this home worth?
The estimated value of the home located at 5111 Ursula Way is $0.
What are some comparable homes to 5111 Ursula Way?
There are currently no comparable homes to 5111 Ursula Way.
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