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Erie 80516
669 Mathews Circle
$600,000
● House - Off Market

669 Mathews Circle

Erie, CO 80516
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,568 Ft²
$588,383
RealtyHop Estimate
-1.11%
Since Apr 1, 2023
CO-Denver
Primary Model

About This Property

Immaculate and bright 3 bedroom 3 bath home located in Canyon Creek subdivision. Features include: attached 3 car garage, unfinished partial basement, beautifully updated eat-in kitchen and updated 5 piece primary bath, all new flooring throughout, gas fireplace,  and a freshly painted front porch. The backyard features trex decking with a stamped concrete pad and Blue Spruce Trees. Close to parks, shopping and restaurants.
Unit Size
1,568 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$379
Property Type
House
Property Taxes
$289
HOA Dues
$58
Year Built
2002

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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 #RECIR981228)

Price History

Date / Event Date Event Price
Mar 10, 2023 Sold
Premium
Sold
Jan 28, 2023 Listed by RE/MAX Alliance-FTC South $595,000
Listed by RE/MAX Alliance-FTC South
Apr 22, 2003 Sold
Premium
Sold
Jan 12, 2003 Listed by RE/MAX Alliance-FTC South $262,047
Listed by RE/MAX Alliance-FTC South

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 16
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 376
  • Garage Type: 1
  • Garage Square Area: 620
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,324
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,564
  • Gross Building Area: 2,564
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CANYON CREEK FLG 5 - ER
  • Land Acres: 0000000168
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 10 BLK 5 CANYON CREEK FLG 5

Neighborhood

  • Census Tract: 012801

Geography

  • Account Number: R0500523
  • Parcel: R0500523
  • Block: 5
  • Lot: 10
  • Municipality: ERIE
  • Latitude: 40.0357
  • Longitude: -105.063

    Address

  • Full Address: 669 Mathews Cir
  • Address - House Number: 669
  • Address - Street Name: Mathews
  • Address - Suffix Type: Cir
  • State: CO
  • City Name: Erie
  • Carrier Code: R015
  • 4-Digit Zip Code: 7264
  • Zip Code: 80516

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $346,250
  • Tax Rate Code Area: 00-392

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 78
  • Final Value: 613,751
  • High Value: 717,051
  • Low Value: 510,451

    Market Valuation

  • Market Total Value: $595,400
  • Market Land Value: $219,600
  • Market Improvement Value: $375,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,279
  • Assessed Land Value: $14,856
  • Assessed Improvements Value: $25,423

    Sales

  • Current Sale Contract Date: Apr 16, 2003
  • Current Sale Recording Date: Apr 22, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 20
  • Current Sale Input Document Number: 2429436
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:

$725,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2633 ft²

Average Home Age

12.1 years

Currently For Sale

346 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 669 Mathews Circle built and last sold?
The property at 669 Mathews Circle was built in 2002 and last sold on Apr 16, 2003 for $250,000.
How much is this home worth?
The estimated value of the home located at 669 Mathews Circle is $0.
What are some comparable homes to 669 Mathews Circle?
There are currently no comparable homes to 669 Mathews Circle.
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