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Lafayette 80026
707 W Lucerne Drive
$565,000
● House - Off Market

707 W Lucerne Drive

Lafayette, CO 80026
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,920 Ft²
$611,336
RealtyHop Estimate
8.20%
Since Sep 1, 2021
CO-Denver
Primary Model

About This Property

Fantastic ranch on an oversized lot, backing to green belt with soon to have lots of trees and protected mountain views. Sellers have a schematic of development behind. Home will be minimally impacted and view will stay! Remodeled kitchen in 2017/18 and new appliances in 2015. Great finished basement with cozy gas fireplace, berber carpet, recessed lighting and wired for surround sound. 3rd bedroom in basement is non-conforming. Primary bedroom has a slider to a private deck for mountain view enjoyment, a large walk in closet  and easy access to main floor bath.  Large storage shed on the property and additional storage for yard tools. Lovely oversized patio on east side of the house for summer enjoyment.
Unit Size
1,920 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$294
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
1985

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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 #RECIR943692)

Price History

Date / Event Date Event Price
Aug 25, 2021 Sold
Premium
Sold
Jun 19, 2021 Listed by RE/MAX Elevate $565,000
Listed by RE/MAX Elevate
Apr 16, 2015 Sold
Premium
Sold
Apr 1, 2010 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 16
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 864
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,805
  • Total Building Area: 2,128
  • Gross Building Area: 2,128
  • Building Area: 1,641
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,641
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEACON HILL REPLAT - LA
  • Land Acres: 0000000202
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 5 BLK 1 BEACON HILL REPLAT

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012907

Geography

  • Assessors Map Reference: B21-J
  • Account Number: R0091769
  • Parcel: R0091769
  • Block: 1
  • Lot: 5
  • Meridian: SEC 34 TWN 1N RNG 69
  • Municipality: LAFAYETTE
  • Latitude: 40.0109
  • Longitude: -105.101

    Address

  • Full Address: 707 W Lucerne Dr
  • Address - House Number: 707
  • Street Direction: W
  • Address - Street Name: Lucerne
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Lafayette
  • Carrier Code: C013
  • 4-Digit Zip Code: 1798
  • Zip Code: 80026

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $279,542
  • Tax Rate Code Area: 00-110

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: May 17, 2023
  • Confidence Score: 78
  • Final Value: 662,381
  • High Value: 774,447
  • Low Value: 550,315

    Market Valuation

  • Market Total Value: $649,800
  • Market Land Value: $226,800
  • Market Improvement Value: $423,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,959
  • Assessed Land Value: $15,343
  • Assessed Improvements Value: $28,616

    Sales

  • Current Sale Contract Date: Aug 19, 2021
  • Current Sale Recording Date: Aug 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3909406
  • Previous Sale Recording Date: Apr 16, 2015
  • Previous Sale Contract Date: Apr 15, 2015
  • Previous Sale Amount: $346,000
  • 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 Lafayette

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$352

Below Asking

0.02%

Average Days on Market

50

Average Home Size

2132 ft²

Average Home Age

30.3 years

Currently For Sale

125 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 707 West Lucerne Drive built and last sold?
The property at 707 West Lucerne Drive was built in 1985 and last sold on Aug 19, 2021 for $565,000.
How much is this home worth?
The estimated value of the home located at 707 West Lucerne Drive is $0.
What are some comparable homes to 707 West Lucerne Drive?
There are currently no comparable homes to 707 West Lucerne Drive.
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