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Fort Morgan 80701
512 Walnut St
$140,521
● House - Off Market

512 Walnut St

Fort Morgan, CO 80701
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,232 Ft²
$164,877
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Investor's dream!! Historic 3 bedroom 1 bathroom home with nice sized living area. Main level living! Well maintained home with extensive basement repairs needed.  Call for more information regarding needed repairs. Large lot within walking distance to shopping, parks, and more! Sellers will not accept offers from buyers who have not physically seen the property.
Unit Size
1,232 Ft²
Days on Market
29 days
Land Size
0.19 acres
Price per sqft
$130
Property Type
House
Property Taxes
$73
HOA Dues
-
Year Built
1908

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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 (IRES MLS #978536)

Price History

Date / Event Date Event Price
Mar 10, 2023 Sold
Premium
Sold
Nov 8, 2022 Listed by Colorado Land Co. LLC $160,000
Listed by Colorado Land Co. LLC
Aug 8, 2008 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1940
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 15
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 7
  • Basement Area: 522
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,250
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,254
  • Gross Building Area: 2,254
  • Building Area: 2,254
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: G R BAKERS ADD
  • Land Acres: 0000000189
  • Standard Land Use Code: 1001
  • Legal Description 1: SUBD G R BAKERS ADD FM BLOCK 02 LOT 12

Neighborhood

  • School District Name: Fort Morgan School District RE-3
  • Census Tract: 000500

Geography

  • Parcel: R007191
  • Block: 2
  • Lot: 12
  • Municipality: FORT MORGAN CD SP
  • Latitude: 40.2532
  • Longitude: -103.809

    Address

  • Full Address: 512 Walnut St
  • Address - House Number: 512
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: CO
  • City Name: Fort Morgan
  • Carrier Code: C008
  • 4-Digit Zip Code: 2645
  • Zip Code: 80701

Valuation

    Tax

  • Total Area: 1,754
  • Tax Year: 2023
  • Tax Amount: $104,392
  • Tax Rate Code Area: 025

    Appraisal Valuation

  • Standard Deviation: 0.1922
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 221,180
  • High Value: 263,704
  • Low Value: 178,656

    Market Valuation

  • Market Total Value: $154,300
  • Market Land Value: $42,000
  • Market Improvement Value: $112,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,720
  • Assessed Land Value: $2,920
  • Assessed Improvements Value: $7,800

    Sales

  • Current Sale Contract Date: Mar 10, 2023
  • Current Sale Recording Date: Mar 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 945327
  • Previous Sale Recording Date: Aug 08, 2008
  • Previous Sale Contract Date: Aug 06, 2008
  • Previous Sale Amount: $88,000
  • 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 Fort Morgan

Stats & Trends

Median Asking:

$317,900

Sale Price/ft²

$193

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1997 ft²

Average Home Age

69.2 years

Currently For Sale

96 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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IRES

Listed by: Jade McFadden, Colorado Land Co. LLC
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 978536
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 512 Walnut Street built and last sold?
The property at 512 Walnut Street was built in 1908 and last sold on Mar 10, 2023 for $140,521.
How much is this home worth?
The estimated value of the home located at 512 Walnut Street is $0.
What are some comparable homes to 512 Walnut Street?
There are currently no comparable homes to 512 Walnut Street.
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