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Severance 80550
619 Scotch Pine Drive
$510,000
● House - Off Market

619 Scotch Pine Drive

Severance, CO 80550
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,000 Ft²
$551,472
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Another Super Deal!  Immaculate Ranch featuring a Professionally finished basement to entertain w/waterproof flooring, w/ 2nd Kitchen in the basement & a small refrigerator, incredible living space & family room w/prewired for HDMI!  New roof 2018 Category 4 Hail Shingles! New Exterior Paint July 2021, NEW Carpet! New interior Paint, Hardwood Floors on Main & Bedrooms!  Gas Fireplace, Vaulted Ceilings, Bull nose corners, 5 piece master bath with walk in closet SS appliances, breakfast bar & next to open space!   Buyer to verify all info in MLS.
Unit Size
3,000 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$163
Property Type
House
Property Taxes
$194
HOA Dues
$13
Year Built
2005

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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: 3 years ago (REcolorado MLS #RECIR950729)

Price History

Date / Event Date Event Price
Oct 18, 2021 Sold
Premium
Sold
Sep 10, 2021 Listed by C3 Real Estate Solutions, LLC $490,000
Listed by C3 Real Estate Solutions, LLC
Jul 5, 2005 Sold
Premium
Sold
Apr 19, 2005 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • 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: 1,528
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 60
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,560
  • Total Building Area: 3,550
  • Gross Building Area: 3,550
  • Building Area: 2,999
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,999
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUMMIT VIEW SUB 2ND FG
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: SEV 2SV L8 BLK9 SUMMIT VIEW 2ND FG

Neighborhood

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

Geography

  • Account Number: R2565103
  • Parcel: R2565103
  • Block: 9
  • Lot: 8
  • Latitude: 40.5193
  • Longitude: -104.864

    Address

  • Full Address: 619 Scotch Pine Dr
  • Address - House Number: 619
  • Address - Street Name: Scotch Pine
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Severance
  • Carrier Code: R019
  • 4-Digit Zip Code: 2655
  • Zip Code: 80550

Valuation

    Tax

  • Total Area: 3,088
  • Tax Year: 2023
  • Tax Amount: $290,212
  • Tax Rate Code Area: 0434

    Appraisal Valuation

  • Standard Deviation: 0.1202
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 87
  • Final Value: 552,440
  • High Value: 618,868
  • Low Value: 486,012

    Market Valuation

  • Market Total Value: $543,950
  • Market Land Value: $87,000
  • Market Improvement Value: $456,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,450
  • Assessed Land Value: $5,830
  • Assessed Improvements Value: $30,620

    Sales

  • Current Sale Contract Date: Oct 13, 2021
  • Current Sale Recording Date: Oct 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 4766562
  • Previous Sale Recording Date: Jul 05, 2005
  • Previous Sale Contract Date: Jul 01, 2005
  • Previous Sale Amount: $211,000
  • 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

60

Average Home Size

2537 ft²

Average Home Age

9.4 years

Currently For Sale

118 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

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Frequently Asked Questions

When was property at 619 Scotch Pine Drive built and last sold?
The property at 619 Scotch Pine Drive was built in 2005 and last sold on Oct 13, 2021 for $510,000.
How much is this home worth?
The estimated value of the home located at 619 Scotch Pine Drive is $0.
What are some comparable homes to 619 Scotch Pine Drive?
There are currently no comparable homes to 619 Scotch Pine Drive.
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