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Kersey 80644
705 7th Street
$411,000
● House - Off Market

705 7th Street

Kersey, CO 80644
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,402 Ft²
$459,756
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

SHOWINGS BEGIN AUG 9th! You'll fall in love with this open and bright modern home! With the remodeled kitchen and full finished basement on nearly 1/4 acre in town, this home is sure to please! You'll find 5 bedrooms, 3 bathrooms, walk-in closets, kitchen pantry and an extra large storage room. The backyard has a storage shed, greenhouse and huge fenced garden, firepit area, patio and lovely yard on a sprinkler system! This is a very well cared-for home, with open floor plan and a lot of light!
Unit Size
2,402 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$169
Property Type
House
Property Taxes
$102
HOA Dues
-
Year Built
1998

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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 #RECIR947742)

Price History

Date / Event Date Event Price
Sep 21, 2021 Sold
Premium
Sold
Aug 3, 2021 Listed by Shorewood Real Estate NOCO $405,000
Listed by Shorewood Real Estate NOCO
Jun 3, 2010 Sold
Premium
Sold
Jun 30, 2008 Sold
Premium
Sold
Nov 11, 2002 Listed $154,000
Listed
Super nice home in Kersey like new but with all the trimmings, fences yard with sprinkler, oak trim and more. Hurry!

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,190
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,562
  • Total Building Area: 2,842
  • Gross Building Area: 2,842
  • Building Area: 2,270
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,270
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELDER SUB
  • Land Acres: 0000000243
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: KER ES L4 BLK7 ELDER SUB

Neighborhood

  • School District Name: Platte Valley School District RE-7
  • Census Tract: 001600

Geography

  • Assessors Map Reference: MAP 1368
  • Account Number: R6803297
  • Parcel: R6803297
  • Block: 7
  • Lot: 4
  • Meridian: SEC 21 TWN 5N RNG 64W
  • Latitude: 40.3828
  • Longitude: -104.558

    Address

  • Full Address: 705 7th St
  • Address - House Number: 705
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: CO
  • City Name: Kersey
  • Carrier Code: R002
  • 4-Digit Zip Code: 9780
  • Zip Code: 80644

Valuation

    Tax

  • Total Area: 2,424
  • Tax Year: 2023
  • Tax Amount: $125,482
  • Tax Rate Code Area: 0783

    Appraisal Valuation

  • Standard Deviation: 0.156
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 456,107
  • High Value: 527,281
  • Low Value: 384,932

    Market Valuation

  • Market Total Value: $413,990
  • Market Land Value: $59,000
  • Market Improvement Value: $354,990

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,730
  • Assessed Land Value: $3,950
  • Assessed Improvements Value: $23,780

    Sales

  • Current Sale Contract Date: Sep 10, 2021
  • Current Sale Recording Date: Sep 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4758110
  • Previous Sale Recording Date: Jun 03, 2010
  • Previous Sale Contract Date: May 21, 2010
  • Previous Sale Amount: $167,000
  • 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 Kersey

Stats & Trends

Median Asking:

$439,000

Sale Price/ft²

$216

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1784 ft²

Average Home Age

74.5 years

Currently For Sale

8 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 705 7th Street built and last sold?
The property at 705 7th Street was built in 1998 and last sold on Sep 10, 2021 for $411,000.
How much is this home worth?
The estimated value of the home located at 705 7th Street is $409,535.
What are some comparable homes to 705 7th Street?
There are currently no comparable homes to 705 7th Street.
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