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Longmont 80504
703 Folklore Ave
$510,000
● House - Off Market

703 Folklore Ave

Longmont, CO 80504
bedrooms
4 Beds
bathrooms
3 Baths
square feet
4,228 Ft²
$690,892
RealtyHop Estimate
32.89%
Since Jul 1, 2020
CO-Denver
Primary Model

About This Property

Kids flew the coop, original owners are downsizing from meticulous 4 bed/3 bath/3 CAR garage ranch home with soaring windows, vaulted ceilings, large bedrms, fireplace and low maintenance yard. Basement is same SQF footage as main level,mostly finished with high tech sound proof walls. One bed/one bath (w soaking tub) in basement w large family room area perfect for in-law suite, guests, home office etc. There is a large unfinished area that could be easily finished adding 1-2 more bedrooms and bathroom. OR keep it as is for storage or home office/business. Measurements are approx, buyer to verify. Never been smoked in, original owners. Paint allowance considered.  Be sure to look at VIRTUAL TOUR, FLOOR PLANS, & 3D MATTERPORT.
Unit Size
4,228 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$123
Property Type
House
Property Taxes
$281
HOA Dues
$45
Year Built
2001

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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 (REcolorado MLS #5119909)

Price History

Date / Event Date Event Price
Jul 14, 2020 Sold
Premium
Sold
May 8, 2020 Listed $519,900
Listed
Jul 6, 2001 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 16
  • 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: 2,114
  • Garage Type: 1
  • Garage Square Area: 570
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,518
  • Total Building Area: 4,798
  • Gross Building Area: 4,798
  • Building Area: 2,766
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,766
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DODD ESTATES 1
  • Land Acres: 0000000173
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 6 BLK 4 DODD ESTATES 1

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013507

Geography

  • Account Number: R0146410
  • Parcel: R0146410
  • Block: 4
  • Lot: 6
  • Meridian: SEC 35 TWN 3N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1879
  • Longitude: -105.079

    Address

  • Full Address: 703 Folklore Ave
  • Address - House Number: 703
  • Address - Street Name: Folklore
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Longmont
  • Carrier Code: R035
  • 4-Digit Zip Code: 2371
  • Zip Code: 80504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $376,888
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1624
  • Valuation Date: May 17, 2023
  • Confidence Score: 79
  • Final Value: 704,085
  • High Value: 818,454
  • Low Value: 589,717

    Market Valuation

  • Market Total Value: $718,200
  • Market Land Value: $136,400
  • Market Improvement Value: $581,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,586
  • Assessed Land Value: $9,227
  • Assessed Improvements Value: $39,359

    Sales

  • Current Sale Contract Date: Jun 30, 2020
  • Current Sale Recording Date: Jul 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3797951
  • Previous Sale Recording Date: Jul 06, 2001
  • Previous Sale Contract Date: Jun 29, 2001
  • Previous Sale Amount: $276,737
  • 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

1979 ft²

Average Home Age

33.7 years

Currently For Sale

555 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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REcolorado

Listed by: Kristin White,
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 5119909
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 703 Folklore Avenue built and last sold?
The property at 703 Folklore Avenue was built in 2001 and last sold on Jun 30, 2020 for $510,000.
How much is this home worth?
The estimated value of the home located at 703 Folklore Avenue is $557,803.
What are some comparable homes to 703 Folklore Avenue?
There are currently no comparable homes to 703 Folklore Avenue.
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