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Severance 80550
515 Limber Pine Ct
$485,000
● House - Off Market

515 Limber Pine Ct

Severance, CO 80550
bedrooms
4 Beds
bathrooms
1 Bath
square feet
2,155 Ft²
$2,645
Est. Monthly
$21
HOA / Fees
6.97%
Cap Rate

About This Property

This one is worth a look! Beautiful ranch style home at the end of a cul de sac. The backyard is ready for summer entertaining! Large patio with two sun awnings. Beautifully landscaped. No neighbors directly behind! Beautiful hardwood floors. Living room fireplace. Nice size primary bedroom. The basement is finished with a 4th bedroom and cozy family room. Move-in ready!
Unit Size
2,155 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$232
Property Type
House
Property Taxes
$168
HOA Dues
$21
Year Built
2003

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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: 12 months ago (IRES MLS #1039555)

Price History

Date / Event Date Event Price
Nov 20, 2025 Sold
Premium
Sold
Sep 1, 2025 Price Decreased $500,000
↓ $10K (2%)
Price Decreased
Jul 17, 2025 Listed by Group Harmony $510,000
Listed by Group Harmony
Apr 20, 2015 Sold
Premium
Sold
Jul 24, 2009 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 736
  • Garage Type: 1
  • Garage Square Area: 424
  • Parking Space Count: 2
  • Patio Type: 60
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,886
  • Total Building Area: 2,658
  • Gross Building Area: 2,658
  • Building Area: 1,663
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,663
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMBER RIDGE PUD 1ST FG
  • Land Acres: 0000000273
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: SEV 1TRPUD L14 BLK2 TIMBER RIDGE PUD 1ST FG

Neighborhood

  • School District Name: Windsor School District RE-4
  • Census Tract: 002208

Geography

  • Assessors Map Reference: MAP 1259
  • Account Number: R1146802
  • Parcel: R1146802
  • Block: 2
  • Lot: 14
  • Meridian: SEC 2 TWN 6N RNG 67W
  • Latitude: 40.5203
  • Longitude: -104.859

    Address

  • Full Address: 515 Limber Pine Ct
  • Address - House Number: 515
  • Address - Street Name: Limber Pine
  • Address - Suffix Type: Ct
  • State: CO
  • City Name: Severance
  • Carrier Code: R008
  • 4-Digit Zip Code: 2941
  • Zip Code: 80550

Valuation

    Tax

  • Total Area: 2,234
  • Tax Year: 2023
  • Tax Amount: $185,414
  • Tax Rate Code Area: 0434

    Appraisal Valuation

  • Standard Deviation: 0.1349
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 486,875
  • High Value: 552,561
  • Low Value: 421,188

    Market Valuation

  • Market Total Value: $467,382
  • Market Land Value: $87,000
  • Market Improvement Value: $380,382

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,320
  • Assessed Land Value: $5,830
  • Assessed Improvements Value: $25,490

    Sales

  • Current Sale Contract Date: Apr 17, 2015
  • Current Sale Recording Date: Apr 20, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4100274
  • Previous Sale Recording Date: Jul 24, 2009
  • Previous Sale Contract Date: Jul 21, 2009
  • Previous Sale Amount: $210,000
  • 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 Severance

Stats & Trends

Median Asking:

$520,900

Sale Price/ft²

$252

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2577 ft²

Average Home Age

9.1 years

Currently For Sale

115 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

Click here to view more rentals in the neighborhood.
IRES

Listed by: Karen Leigh Rowan, Group Harmony
Last Updated: 12 months ago
Data Source: IRES MLS, MLS# 1039555
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 515 Limber Pine Court built and last sold?
The property at 515 Limber Pine Court was built in 2003 and last sold on Apr 17, 2015 for $260,000.
How much is this home worth?
The estimated value of the home located at 515 Limber Pine Court is $503,212.
What are some comparable homes to 515 Limber Pine Court?
There are currently no comparable homes to 515 Limber Pine Court.
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