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Severance 80550
518 Broadview Dr
$172,000
● House - Off Market

518 Broadview Dr

Severance, CO 80550
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,301 Ft²
$341,096
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model

About This Property

Well maintained Ranch style home that is adjacent to park area. Great opportunity for first-time home buyer or an investor. Three bedrooms with two full baths, open floor plan with kitchen/dining room very functional. Landscaping features include decorative stone, shubbery and trees with lawn sprinkler. Move-in ready with everything you need on one level. Don't miss this opportunity!
Unit Size
1,301 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$135
Property Type
House
Property Taxes
$90
HOA Dues
-
Year Built
1996

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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 #698386)

Price History

Date / Event Date Event Price
Jun 21, 2021 Sold
Premium
Sold
Apr 29, 2021 Listed by RE/MAX Alliance-Greeley $365,000
Listed by RE/MAX Alliance-Greeley
May 10, 2016 Sold
Premium
Sold
Jul 9, 2013 Sold
Premium
Sold
Jan 27, 2013 Listed by RE/MAX Alliance-Greeley $175,000
Listed by RE/MAX Alliance-Greeley
Show More

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • 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: 0
  • Construction Type: 17
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,229
  • Total Building Area: 1,701
  • Gross Building Area: 1,701
  • Building Area: 1,301
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,301
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEVIEW ADD 1ST FG
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: SEV 1LV-1 L1 LAKEVIEW ADD 1ST FILING

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 1259
  • Account Number: R0150295
  • Parcel: R0150295
  • Lot: 1
  • Meridian: SEC 2 TWN 6N RNG 67W
  • Latitude: 40.5189
  • Longitude: -104.851

    Address

  • Full Address: 518 Broadview Dr
  • Address - House Number: 518
  • Address - Street Name: Broadview
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Severance
  • Carrier Code: R008
  • 4-Digit Zip Code: 2914
  • Zip Code: 80550

Valuation

    Tax

  • Total Area: 1,301
  • Tax Year: 2023
  • Tax Amount: $210,910
  • Tax Rate Code Area: 0402

    Appraisal Valuation

  • Standard Deviation: 0.1418
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 442,319
  • High Value: 505,054
  • Low Value: 379,584

    Market Valuation

  • Market Total Value: $412,022
  • Market Land Value: $89,000
  • Market Improvement Value: $323,022

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,600
  • Assessed Land Value: $5,960
  • Assessed Improvements Value: $21,640

    Sales

  • Current Sale Contract Date: Jun 03, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4727481
  • Previous Sale Recording Date: May 10, 2016
  • Previous Sale Contract Date: May 05, 2016
  • Previous Sale Amount: $233,000
  • 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

0.01%

Average Days on Market

60

Average Home Size

2559 ft²

Average Home Age

8.4 years

Currently For Sale

120 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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IRES

Listed by: Gale Schick, RE/MAX Alliance-Greeley
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 698386
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 518 Broadview Drive built and last sold?
The property at 518 Broadview Drive was built in 1996 and last sold on Jun 3, 2021 for $376,000.
How much is this home worth?
The estimated value of the home located at 518 Broadview Drive is $0.
What are some comparable homes to 518 Broadview Drive?
There are currently no comparable homes to 518 Broadview Drive.
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