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Morgan 80654
5131 County Road P
$445,000
● House - Off Market

5131 County Road P

Wiggins, CO 80654
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,108 Ft²
$634,568
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Ranch style home on 2+ acres located just off of Hwy 52 & in close proximity to Hwy 34 & 176. 3 bedrooms, 2 bathrooms and a wide open floor plan, large kitchen with solid surface countertops & a pantry. The master suite has a walk in shower & large closet space. This very well kept home has mature landscaping all around, sets off the road & has a front & back deck. The school bus picks up here & is located in the Wiggins School district!
Unit Size
2,108 Ft²
Days on Market
-
Land Size
2.24 acres
Price per sqft
$213
Property Type
House
Property Taxes
$172
HOA Dues
-
Year Built
2002

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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: 2 years ago (REcolorado MLS #5432730)

Price History

Date / Event Date Event Price
May 15, 2020 Sold
Premium
Sold
Apr 17, 2020 Listed $449,000
Listed

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 2
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 899
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 97,574
  • Total Building Area: 3,871
  • Gross Building Area: 3,871
  • Building Area: 3,871
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 2,108
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KUNZIE NO 2 MINOR SUB
  • Land Acres: 0000002240
  • Standard Land Use Code: 1001
  • Legal Description 1: SUBD KUNZIE NO 2 MINOR SUB WI (13-3-60) LOT 02 S 13 T 3 R 60 PARC SW14SW14

Neighborhood

  • School District Name: Wiggins School District RE-50J
  • Census Tract: 000200

Geography

  • Parcel: R018805
  • Lot: 2
  • Meridian: SEC 13 TWN 03 RNG 60
  • Municipality: KB MS QW WFD WP
  • Latitude: 40.2192
  • Longitude: -104.053

    Address

  • Full Address: 5131 County Road P
  • Address - House Number: 5131
  • Address - Street Name: County Road P
  • State: CO
  • City Name: Wiggins
  • Carrier Code: H065
  • 4-Digit Zip Code: 8505
  • Zip Code: 80654

Valuation

    Tax

  • Total Area: 2,108
  • Tax Year: 2023
  • Tax Amount: $199,904
  • Tax Rate Code Area: 323

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 551,017
  • High Value: 644,434
  • Low Value: 457,599

    Market Valuation

  • Market Total Value: $418,590
  • Market Land Value: $93,350
  • Market Improvement Value: $325,240

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $29,090
  • Assessed Land Value: $6,490
  • Assessed Improvements Value: $22,600

    Sales

  • Current Sale Contract Date: May 15, 2020
  • Current Sale Recording Date: May 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 925040
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 Morgan

Stats & Trends

Median Asking:

$339,000

Sale Price/ft²

$200

Below Asking

0.03%

Average Days on Market

62

Average Home Size

2139 ft²

Average Home Age

51.3 years

Currently For Sale

261 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: Mandy Dreier,
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 5432730
© 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 5131 County Rd P built and last sold?
The property at 5131 County Rd P was built in 2002 and last sold on May 15, 2020 for $445,000.
How much is this home worth?
The estimated value of the home located at 5131 County Rd P is $0.
What are some comparable homes to 5131 County Rd P?
There are currently no comparable homes to 5131 County Rd P.
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