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Longmont 80504
708 Independence Dr
$540,000
● House - Off Market

708 Independence Dr

Longmont, CO 80504
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,680 Ft²
$542,065
RealtyHop Estimate
-0.54%
Since Nov 1, 2023
CO-Denver
Primary Model

About This Property

Welcome home to your remodeled dream house. All new paint inside and out. Low maintenance flooring throughout the main level, new kitchen cabinets, quartz countertops and all new stainless steel appliances. Bathrooms have been upgraded with designer tile, new vanities, new lighting and all new hardware. This house is better than new and has so many upgrades to offer!
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$324
Property Type
House
Property Taxes
$188
HOA Dues
-
Year Built
1977

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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 months ago (REcolorado MLS #IRE4625977)

Price History

Date / Event Date Event Price
Nov 1, 2023 Sold
Premium
Sold
Sep 22, 2023 Listed $545,000
Listed
May 4, 2023 Sold
Premium
Sold
Mar 22, 2023 Listed $399,900
Listed
Mar 30, 1998 Sold
Premium
Sold
Show More

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 16
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,041
  • Total Building Area: 1,680
  • Gross Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARK RIDGE 3 - LG
  • Land Acres: 0000000162
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 21 BLK 11 PARK RIDGE 3

Neighborhood

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

Geography

  • Assessors Map Reference: B6-L
  • Account Number: R0070355
  • Parcel: R0070355
  • Block: 11
  • Lot: 21
  • Meridian: SEC 35 TWN 3N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1794
  • Longitude: -105.078

    Address

  • Full Address: 708 Independence Dr
  • Address - House Number: 708
  • Address - Street Name: Independence
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Longmont
  • Carrier Code: C076
  • 4-Digit Zip Code: 3925
  • Zip Code: 80504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $225,098
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.0672
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 96
  • Final Value: 541,625
  • High Value: 578,038
  • Low Value: 505,212

    Market Valuation

  • Market Total Value: $451,800
  • Market Land Value: $132,000
  • Market Improvement Value: $319,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,564
  • Assessed Land Value: $8,930
  • Assessed Improvements Value: $21,634

    Sales

  • Current Sale Contract Date: Oct 17, 2023
  • Current Sale Recording Date: Nov 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4026922
  • Previous Sale Recording Date: May 04, 2023
  • Previous Sale Contract Date: May 01, 2023
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: 68
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

1981 ft²

Average Home Age

34 years

Currently For Sale

536 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: Jordan Kermes,
Last Updated: 3 months ago
Data Source: REcolorado MLS, MLS# IRE4625977
© 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 708 Independence Drive built and last sold?
The property at 708 Independence Drive was built in 1977 and last sold on Oct 17, 2023 for $540,000.
How much is this home worth?
The estimated value of the home located at 708 Independence Drive is $541,313.
What are some comparable homes to 708 Independence Drive?
There are currently no comparable homes to 708 Independence Drive.
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