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Longmont 80501
700 James Street
$425,000
● House - Off Market

700 James Street

Longmont, CO 80501
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,096 Ft²
$456,439
RealtyHop Estimate
14.11%
Since May 1, 2021
CO-Denver
Primary Model

About This Property

Home Back on the Market, no Fault of Home. Incredible Location with this 4 Bedroom, 2 Bathroom All Brick Ranch Style Home w/ Easy Access to Downtown Longmont, Diagonal Hwy, 287, and I-25. On the Main Level you have 3 Bedrooms, a 3/4 bath, Cozy Family Room with Kitchen and Dining Area. Principle Bedroom includes Walkout Patio. Property Highlights: Rental/Investor Potential: Could Add 5th Bedroom to Basement, Plus Extra Tandem Parking on the Side of Home that could be used for Boat Parking, w/in Highly Rated Niwot High School District, Super Fast High Speed Internet & No HOA!  Newer Hot Water Heater & Garage Door. Basement Needs some TLC and Could Easily Add Extra Room or Design to Your Taste.
Unit Size
2,096 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$191
Property Type
House
Property Taxes
$199
HOA Dues
-
Year Built
1967

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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: 3 years ago (REcolorado MLS #RECIR935776)

Price History

Date / Event Date Event Price
May 4, 2021 Sold
Premium
Sold
Mar 19, 2021 Listed by Berkshire Hathaway-FTC $400,000
Listed by Berkshire Hathaway-FTC
Mar 28, 2014 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,075
  • Garage Type: 1
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,424
  • Total Building Area: 2,450
  • Gross Building Area: 2,450
  • Building Area: 2,096
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,096
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SKRBINA 1 - LG
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 1 BLK 4 SKRBINA 1

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013210

Geography

  • Assessors Map Reference: B2-M
  • Account Number: R0050040
  • Parcel: R0050040
  • Block: 4
  • Lot: 1
  • Meridian: SEC 10 TWN 2N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1513
  • Longitude: -105.109

    Address

  • Full Address: 700 James St
  • Address - House Number: 700
  • Address - Street Name: James
  • Address - Suffix Type: St
  • State: CO
  • City Name: Longmont
  • Carrier Code: C092
  • 4-Digit Zip Code: 6443
  • Zip Code: 80501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $257,972
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: May 17, 2023
  • Confidence Score: 78
  • Final Value: 531,687
  • High Value: 622,424
  • Low Value: 440,949

    Market Valuation

  • Market Total Value: $508,200
  • Market Land Value: $220,000
  • Market Improvement Value: $288,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,380
  • Assessed Land Value: $14,883
  • Assessed Improvements Value: $19,497

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: May 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3882362
  • Previous Sale Recording Date: Mar 28, 2014
  • Previous Sale Contract Date: Mar 27, 2014
  • Previous Sale Amount: $218,000
  • 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:

$549,000

Sale Price/ft²

$295

Above Asking

0.00%

Average Days on Market

52

Average Home Size

1975 ft²

Average Home Age

34.1 years

Currently For Sale

549 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

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Frequently Asked Questions

When was property at 700 James Street built and last sold?
The property at 700 James Street was built in 1967 and last sold on Apr 30, 2021 for $425,000.
How much is this home worth?
The estimated value of the home located at 700 James Street is $415,846.
What are some comparable homes to 700 James Street?
There are currently no comparable homes to 700 James Street.
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