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Longmont 80504
669 Buchanan Ln
$455,907
↓ $6K (1.3%)
● House - Off Market

669 Buchanan Ln

Longmont, CO 80504
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,472 Ft²
$2,440
Est. Monthly
6.45%
Cap Rate

About This Property

Great updated starter home with GIANT lot!  Granite counters and island in the kitchen, wood floors, vaulted ceilings, stainless appliances, updated primary bath, vinyl windows, open floor plan, unfinished basement for expansion, NEW exterior paint!  Quiet street and convenient location!
Unit Size
1,472 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$306
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
1978

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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: 2 years ago (IRES MLS #1019780)

Price History

Date / Event Date Event Price
Nov 6, 2024 Price Decreased $450,000
↓ $6K (1.3%)
Price Decreased
Nov 4, 2024 Sold
Premium
Sold
Oct 2, 2024 Listed by Estate Professionals $430,000
Listed by Estate Professionals
Oct 21, 2015 Sold
Premium
Sold
Dec 4, 2009 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 986
  • Garage Type: 1
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,490
  • Total Building Area: 2,272
  • Gross Building Area: 2,272
  • Building Area: 1,472
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,472
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNNYVALE 5
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 28 BLK 16 SUNNYVALE 5

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013402

Geography

  • Assessors Map Reference: B8-E
  • Account Number: R0069656
  • Parcel: R0069656
  • Block: 16
  • Lot: 28
  • Meridian: SEC 02 TWN 2N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1706
  • Longitude: -105.081

    Address

  • Full Address: 669 Buchanan Ln
  • Address - House Number: 669
  • Address - Street Name: Buchanan
  • Address - Suffix Type: Ln
  • State: CO
  • City Name: Longmont
  • Carrier Code: C095
  • 4-Digit Zip Code: 1513
  • Zip Code: 80504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $244,770
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: May 17, 2023
  • Confidence Score: 78
  • Final Value: 512,351
  • High Value: 599,122
  • Low Value: 425,580

    Market Valuation

  • Market Total Value: $490,700
  • Market Land Value: $175,700
  • Market Improvement Value: $315,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,196
  • Assessed Land Value: $11,886
  • Assessed Improvements Value: $21,310

    Sales

  • Current Sale Contract Date: Oct 19, 2015
  • Current Sale Recording Date: Oct 21, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3480691
  • Previous Sale Recording Date: Dec 04, 2009
  • Previous Sale Contract Date: Nov 30, 2009
  • Previous Sale Amount: $169,000
  • 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 Longmont

Stats & Trends

Median Asking:

$545,000

Sale Price/ft²

$295

Above Asking

0.00%

Average Days on Market

51

Average Home Size

1989 ft²

Average Home Age

33.9 years

Currently For Sale

538 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

Currently no nearby rentals
IRES

Listed by: Dena Schlutz, Estate Professionals
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1019780
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 669 Buchanan Lane built and last sold?
The property at 669 Buchanan Lane was built in 1978 and last sold on Oct 19, 2015 for $274,000.
How much is this home worth?
The estimated value of the home located at 669 Buchanan Lane is $454,953.
What are some comparable homes to 669 Buchanan Lane?
There are currently no comparable homes to 669 Buchanan Lane.
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