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Logan 80741
6154 County Road 18
$130,000
● House - Off Market

6154 County Road 18

Merino, CO 80741
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,024 Ft²
$131,680
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Great rural property with large mature trees surrounding property.  Home needs some TLC.  Pre-approval or proof of funds letter required to submit offer.  Buyer to verify all information provided. spsreo.com/?c=C688.  highest and best offer due 4-1-2022 @ 11:59 p.m.
Unit Size
1,024 Ft²
Days on Market
-
Land Size
13.55 acres
Price per sqft
$127
Property Type
House
Property Taxes
$42
HOA Dues
-
Year Built
1912

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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 #RECIR961094)

Price History

Date / Event Date Event Price
Apr 26, 2022 Sold
Premium
Sold
Mar 18, 2022 Listed by Zwetzig Realty, LLC $129,900
Listed by Zwetzig Realty, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1930
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 280
  • Garage Type: 4
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 590,238
  • Total Building Area: 1,024
  • Building Area: 1,024
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 1,024
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000013550
  • Standard Land Use Code: 1008
  • County Land Use Code: 4277
  • Legal Description 1: A PARCEL OF LAND IN NW4 SEC 30 DESC AS FOLLOWS; COMM AT NW COR SEC 30; TH S89D50'50"E 1079.32'; TH S4D23'55"E 255.85'; TH

Neighborhood

  • School District Name: Buffalo School District RE-4
  • School Tax School District: RE-4
  • Census Tract: 966000

Geography

  • Parcel: 38073130200155
  • Municipality: MERINO BUFFALO
  • Latitude: 40.551
  • Longitude: -103.464

    Address

  • Full Address: 6154 County Road 18
  • Address - House Number: 6154
  • Address - Street Name: County Road 18
  • State: CO
  • City Name: Merino
  • Carrier Code: H087
  • 4-Digit Zip Code: 9439
  • Zip Code: 80741

Valuation

    Tax

  • Total Area: 1,304
  • Tax Year: 2023
  • Tax Amount: $28,668
  • Tax Rate Code Area: 407

    Appraisal Valuation

  • Standard Deviation: 0.2249
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 68
  • Final Value: 131,442
  • High Value: 161,015
  • Low Value: 101,869

    Market Valuation

  • Market Total Value: $47,400
  • Market Land Value: $350
  • Market Improvement Value: $47,050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $5,880
  • Assessed Land Value: $90
  • Assessed Improvements Value: $5,790

    Sales

  • Current Sale Contract Date: Apr 26, 2022
  • Current Sale Recording Date: Apr 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 761106
  • Previous Sale Recording Date: Jan 13, 2021
  • Previous Sale Contract Date: Jan 13, 2021
  • Previous Sale Document Type: 69
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 Logan

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$168

Above Asking

5.39%

Average Days on Market

63

Average Home Size

1707 ft²

Average Home Age

78 years

Currently For Sale

155 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 6154 County Rd 18 built and last sold?
The property at 6154 County Rd 18 was built in 1912 and last sold on Apr 26, 2022 for $130,000.
How much is this home worth?
The estimated value of the home located at 6154 County Rd 18 is $0.
What are some comparable homes to 6154 County Rd 18?
There are currently no comparable homes to 6154 County Rd 18.
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