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Erie 80516
622 Pinecliff Drive
$660,000
● House - Off Market

622 Pinecliff Drive

Erie, CO 80516
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,668 Ft²
$625,436
RealtyHop Estimate
4.24%
Since Jan 1, 2022
CO-Denver
Primary Model

About This Property

BACKUPS ENCOURAGED. The best in no stairs living w/ $30,000 upgrades, from gleaming wood floors to granite counters! Two oven stove w/gas hookup, 42" cabinets, glass tile backsplash, walk-in pantry & island. Better than new: top grade dishwasher & microwave & tile floors in bath & laundry; Master Bedroom has extra large 9' walk-in closet; linen closet; tech foundation for smart home. Generously sized rooms, beautiful plantation shutters & 9' tall ceilings. Faces Open Space directly across street
Unit Size
1,668 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$360
Property Type
House
Property Taxes
-
HOA Dues
$96
Year Built
2019

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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 #RECIR952278)

Price History

Date / Event Date Event Price
Dec 28, 2021 Sold
Premium
Sold
Oct 1, 2021 Listed by Coldwell Banker Realty-Boulder $600,000
Listed by Coldwell Banker Realty-Boulder
Nov 14, 2019 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 3
  • 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
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,353
  • Garage Type: 1
  • Garage Square Area: 398
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,675
  • Total Building Area: 3,419
  • Gross Building Area: 3,419
  • Building Area: 1,668
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,668
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLLIERS HILL FG #4B
  • Land Acres: 0000000153
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 7 BLOCK 6 COLLIERS HILL FG #4B

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 002009

Geography

  • Account Number: R8948651
  • Parcel: R8948651
  • Block: 6
  • Lot: 7
  • Latitude: 40.0538
  • Longitude: -105.034

    Address

  • Full Address: 622 Pinecliff Dr
  • Address - House Number: 622
  • Address - Street Name: Pinecliff
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Erie
  • Carrier Code: R019
  • 4-Digit Zip Code: 9037
  • Zip Code: 80516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $666,292
  • Tax Rate Code Area: 4682

    Appraisal Valuation

  • Standard Deviation: 0.1196
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 87
  • Final Value: 713,696
  • High Value: 799,086
  • Low Value: 628,306

    Market Valuation

  • Market Total Value: $655,081
  • Market Land Value: $140,000
  • Market Improvement Value: $515,081

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,890
  • Assessed Land Value: $9,380
  • Assessed Improvements Value: $34,510

    Sales

  • Current Sale Contract Date: Dec 21, 2021
  • Current Sale Recording Date: Dec 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4789150
  • Previous Sale Recording Date: Nov 14, 2019
  • Previous Sale Contract Date: Nov 12, 2019
  • Previous Sale Amount: $429,440
  • Previous Sale Document Type: 68
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 Erie

Stats & Trends

Median Asking:

$729,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2624 ft²

Average Home Age

12.9 years

Currently For Sale

349 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 622 Pinecliff Drive built and last sold?
The property at 622 Pinecliff Drive was built in 2019 and last sold on Dec 21, 2021 for $660,000.
How much is this home worth?
The estimated value of the home located at 622 Pinecliff Drive is $608,417.
What are some comparable homes to 622 Pinecliff Drive?
There are currently no comparable homes to 622 Pinecliff Drive.
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