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Gunbarrel 80503
5584 Colt Drive
$820,000
● House - Off Market

5584 Colt Drive

Longmont, CO 80503
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,025 Ft²
$852,709
RealtyHop Estimate
8.63%
Since Aug 1, 2021
CO-Denver
Primary Model

About This Property

4 bed, 3 bath tri-level home in highly desirable Gunbarrel Estates. Upgraded kitchen including cherrywood cabinets, granite countertops, pull-out pantry/soft-close drawers and wood floors. NEW within last 3 years: Pella triple-pane windows throughout; upgraded composite roof and gutters; exterior siding and paint. Wired shed. Cozy wood-burning fireplace in family room. High-efficiency heating system with A/C in 2010. 3rd driveway for RV, with 30A RV outlet. Backs to Open Space and trail system.
Unit Size
2,025 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$388
Property Type
House
Property Taxes
$322
HOA Dues
-
Year Built
1976

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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 (REcolorado MLS #RECIR942028)

Price History

Date / Event Date Event Price
Jul 8, 2021 Sold
Premium
Sold
Jun 3, 2021 Listed by WK Real Estate Longmont $785,000
Listed by WK Real Estate Longmont
Sep 18, 1997 Sold
Premium
Sold
Sep 13, 1976 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,325
  • Garage Type: 1
  • Garage Square Area: 575
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,949
  • Total Building Area: 3,300
  • Gross Building Area: 3,300
  • Building Area: 2,725
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,725
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GUNBARREL ESTATES REPLAT - BOV
  • Land Acres: 0000000251
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 22 BLK 8 GUNBARREL ESTATES REPLAT

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013205

Zoning

  • Zoning: SR

Geography

  • Assessors Map Reference: B4-L
  • Account Number: R0055412
  • Parcel: R0055412
  • Block: 8
  • Lot: 22
  • Meridian: SEC 01 TWN 1N RNG 70
  • Municipality: LONGMONT
  • Latitude: 40.0762
  • Longitude: -105.179

    Address

  • Full Address: 5584 Colt Dr
  • Address - House Number: 5584
  • Address - Street Name: Colt
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Longmont
  • Carrier Code: R009
  • 4-Digit Zip Code: 8604
  • Zip Code: 80503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $439,766
  • Tax Rate Code Area: 00-003

    Appraisal Valuation

  • Standard Deviation: 0.1387
  • Valuation Date: May 17, 2023
  • Confidence Score: 83
  • Final Value: 896,405
  • High Value: 1,020,776
  • Low Value: 772,033

    Market Valuation

  • Market Total Value: $801,600
  • Market Land Value: $447,600
  • Market Improvement Value: $354,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,228
  • Assessed Land Value: $30,280
  • Assessed Improvements Value: $23,948

    Sales

  • Current Sale Contract Date: Jul 01, 2021
  • Current Sale Recording Date: Jul 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3898271
  • Previous Sale Recording Date: Sep 18, 1997
  • Previous Sale Contract Date: Sep 17, 1997
  • Previous Sale Amount: $230,000
  • 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 Gunbarrel

Stats & Trends

Median Asking:

$690,000

Sale Price/ft²

$394

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1954 ft²

Average Home Age

45.9 years

Currently For Sale

111 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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Frequently Asked Questions

When was property at 5584 Colt Drive built and last sold?
The property at 5584 Colt Drive was built in 1976 and last sold on Jul 1, 2021 for $820,000.
How much is this home worth?
The estimated value of the home located at 5584 Colt Drive is $799,534.
What are some comparable homes to 5584 Colt Drive?
There are currently no comparable homes to 5584 Colt Drive.
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