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Timnath 80525
5121 Outlook Ave
$660,000
● House - Off Market

5121 Outlook Ave

Timnath, CO 80547
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,802 Ft²
$3,774
Est. Monthly
$125
HOA / Fees
3.97%
Cap Rate

About This Property

Welcome to 5121 Outlook Ave, Timnath - a charming single-story gem near Timnath Elementary School, this home boasts serene privacy with no backyard neighbors. Step inside to discover recent updates, including new carpet, refinished floors, fresh paint, and newer appliances, including a range hood. The unfinished basement offers endless potential for customization. You have the option of building an additional garage space or shop on the east side of the home, which would be perfect for RV storage or extra belongings. With its thoughtful updates and prime location, this home is a perfect blend of comfort and opportunity. Don't miss your chance to make it yours!
Unit Size
1,802 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$375
Property Type
House
Property Taxes
$334
HOA Dues
$125
Year Built
2013

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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: 2 years ago (IRES MLS #1025811)

Price History

Date / Event Date Event Price
Mar 14, 2025 Sold
Premium
Sold
Feb 5, 2025 Listed by Roots Real Estate $675,000
Listed by Roots Real Estate
May 26, 2017 Sold
Premium
Sold
May 13, 2013 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,793
  • Garage Type: 1
  • Garage Square Area: 546
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 31
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,017
  • Total Building Area: 4,132
  • Gross Building Area: 4,132
  • Building Area: 1,793
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,793
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRVIEW VILLAGE TMTH (20050039096)
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: LOT 3, BLOCK 4, FAIRVIEW VILLAGE TMTH (20050039096)

Neighborhood

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

Geography

  • Assessors Map Reference: 87341
  • Account Number: R1634796
  • Parcel: R1634796
  • Block: 4
  • Lot: 3
  • Meridian: SEC 34 TWN 7N RNG 68W
  • Municipality: TIMNATH
  • Latitude: 40.5359
  • Longitude: -104.984

    Address

  • Full Address: 5121 Outlook Ave
  • Address - House Number: 5121
  • Address - Street Name: Outlook
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Timnath
  • Carrier Code: R061
  • 4-Digit Zip Code: 2283
  • Zip Code: 80547

Valuation

    Tax

  • Total Area: 3,586
  • Tax Year: 2023
  • Tax Amount: $400,568
  • Tax Rate Code Area: 1602

    Appraisal Valuation

  • Standard Deviation: 0.1322
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 685,441
  • High Value: 776,114
  • Low Value: 594,768

    Market Valuation

  • Market Total Value: $649,600
  • Market Land Value: $165,000
  • Market Improvement Value: $484,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $43,523
  • Assessed Land Value: $11,055
  • Assessed Improvements Value: $32,468

    Sales

  • Current Sale Contract Date: May 25, 2017
  • Current Sale Recording Date: May 26, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20170034424
  • Previous Sale Recording Date: May 13, 2013
  • Previous Sale Contract Date: May 10, 2013
  • Previous Sale Amount: $50,925
  • Previous Sale Document Type: 68
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 Timnath

Stats & Trends

Median Asking:

$744,450

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

72

Average Home Size

2966 ft²

Average Home Age

7.6 years

Currently For Sale

121 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: Rob Crouch, Roots Real Estate
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1025811
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 5121 Outlook Avenue built and last sold?
The property at 5121 Outlook Avenue was built in 2013 and last sold on May 25, 2017 for $430,000.
How much is this home worth?
The estimated value of the home located at 5121 Outlook Avenue is $673,239.
What are some comparable homes to 5121 Outlook Avenue?
There are currently no comparable homes to 5121 Outlook Avenue.
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