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Timnath 80547
6698 Ridgeline Drive
$1,300,000
● House - Off Market

6698 Ridgeline Drive

Timnath, CO 80547
bedrooms
4 Beds
bathrooms
4 Baths
square feet
4,200 Ft²
$1,546,273
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

SOLD BEFORE PUBLISHED -  Custom ranch with finished walkout lower level, high-end finishes, covered deck, large lower patio, open floor plan. Price includes furniture.
Unit Size
4,200 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$310
Property Type
House
Property Taxes
$599
HOA Dues
$243
Year Built
2014

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Cap Rate Calculator

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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 #RECIR941881)

Price History

Date / Event Date Event Price
Jun 3, 2021 Sold
Premium
Sold
Apr 29, 2021 Listed by Group Harmony $1,300,000
Listed by Group Harmony
Nov 19, 2018 Sold
Premium
Sold
Sep 3, 2013 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 20
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 2,263
  • Garage Type: 1
  • Garage Square Area: 1,102
  • Parking Space Count: 4
  • Patio Type: 61
  • Porch Type: 31
  • Pool Type: 0
  • Location Influence Type: 241

    Dimensions

  • Lot Size Square Feet: 15,464
  • Total Building Area: 5,628
  • Gross Building Area: 5,628
  • Building Area: 4,058
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,058
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARMONY SUBDIVISION 2ND FIL, TIM (200700
  • Land Acres: 0000000355
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: LOT 113, BLOCK 3, HARMONY SUBDIVISION 2ND FIL, TIM (20070020818)

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 002506

Geography

  • Assessors Map Reference: 87362
  • Account Number: R1645592
  • Parcel: R1645592
  • Block: 3
  • Lot: 113
  • Meridian: SEC 36 TWN 7N RNG 68W
  • Municipality: TIMNATH
  • Latitude: 40.534
  • Longitude: -104.954

    Address

  • Full Address: 6698 Ridgeline Dr
  • Address - House Number: 6698
  • Address - Street Name: Ridgeline
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Timnath
  • Carrier Code: R053
  • 4-Digit Zip Code: 2208
  • Zip Code: 80547

Valuation

    Tax

  • Total Area: 4,526
  • Tax Year: 2023
  • Tax Amount: $1,032,944
  • Tax Rate Code Area: 1603

    Appraisal Valuation

  • Standard Deviation: 0.1327
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 1,543,409
  • High Value: 1,748,284
  • Low Value: 1,338,534

    Market Valuation

  • Market Total Value: $1,580,700
  • Market Land Value: $409,000
  • Market Improvement Value: $1,171,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $105,907
  • Assessed Land Value: $27,403
  • Assessed Improvements Value: $78,504

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: Jun 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210054331
  • Previous Sale Recording Date: Nov 19, 2018
  • Previous Sale Contract Date: Nov 16, 2018
  • Previous Sale Amount: $1,025,000
  • 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 Timnath

Stats & Trends

Median Asking:

$739,900

Sale Price/ft²

$268

Below Asking

0.02%

Average Days on Market

71

Average Home Size

2985 ft²

Average Home Age

7.8 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 6698 Ridgeline Drive built and last sold?
The property at 6698 Ridgeline Drive was built in 2014 and last sold on May 28, 2021 for $1,300,000.
How much is this home worth?
The estimated value of the home located at 6698 Ridgeline Drive is $1,302,565.
What are some comparable homes to 6698 Ridgeline Drive?
There are currently no comparable homes to 6698 Ridgeline Drive.
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