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Fort Morgan 80701
724 Warner St
$358,000
● House - Off Market

724 Warner St

Fort Morgan, CO 80701
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,166 Ft²
$1,921
Est. Monthly
8.14%
Cap Rate

About This Property

Beautiful midcentury modern house with floor to ceiling windows and tons of natural light.  Stone fireplace and hardwood floors.  Large main floor bedrooms. Nice built in cabinets and counter tops in basement.  Oversized detached two car garage.  mature landscaping with sprinkler system and covered patio area.
Unit Size
1,166 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$309
Property Type
House
Property Taxes
$153
HOA Dues
-
Year Built
1953

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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 (IRES MLS #1010578)

Price History

Date / Event Date Event Price
Jun 28, 2024 Sold
Premium
Sold
Jun 27, 2024 In contract -
In contract
May 29, 2024 Listed by Zwetzig Realty, LLC $360,000
Listed by Zwetzig Realty, LLC
Nov 5, 2021 Sold
Premium
Sold
Apr 23, 2018 Sold
Premium
Sold

Property Highlights

Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1963
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 3
  • Basement Area: 1,166
  • Garage Type: 4
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,150
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 650
  • Total Building Area: 3,373
  • Gross Building Area: 3,373
  • Building Area: 3,373
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,166
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREENACRES ADD
  • Land Acres: 0000000164
  • Standard Land Use Code: 1001
  • Legal Description 1: SUBD GREENACRES ADD FM BLOCK 02 LOT 12

Neighborhood

  • School District Name: Fort Morgan School District RE-3
  • Census Tract: 000400

Geography

  • Parcel: R007501
  • Block: 2
  • Lot: 12
  • Municipality: FORT MORGAN CD SP
  • Latitude: 40.2564
  • Longitude: -103.79

    Address

  • Full Address: 724 Warner St
  • Address - House Number: 724
  • Address - Street Name: Warner
  • Address - Suffix Type: St
  • State: CO
  • City Name: Fort Morgan
  • Carrier Code: C002
  • 4-Digit Zip Code: 3550
  • Zip Code: 80701

Valuation

    Tax

  • Total Area: 2,332
  • Tax Year: 2023
  • Tax Amount: $157,808
  • Tax Rate Code Area: 025

    Appraisal Valuation

  • Standard Deviation: 0.1879
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 347,038
  • High Value: 412,261
  • Low Value: 281,815

    Market Valuation

  • Market Total Value: $240,830
  • Market Land Value: $37,800
  • Market Improvement Value: $203,030

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,740
  • Assessed Land Value: $2,630
  • Assessed Improvements Value: $14,110

    Sales

  • Current Sale Contract Date: Nov 02, 2021
  • Current Sale Recording Date: Nov 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 936588
  • Previous Sale Recording Date: Apr 23, 2018
  • Previous Sale Contract Date: Apr 20, 2018
  • Previous Sale Amount: $245,000
  • 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 Fort Morgan

Stats & Trends

Median Asking:

$317,950

Sale Price/ft²

$194

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2007 ft²

Average Home Age

68.3 years

Currently For Sale

96 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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IRES

Listed by: Michael Zwetzig, Zwetzig Realty, LLC
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 1010578
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 724 Warner Street built and last sold?
The property at 724 Warner Street was built in 1953 and last sold on Nov 2, 2021 for $250,000.
How much is this home worth?
The estimated value of the home located at 724 Warner Street is $0.
What are some comparable homes to 724 Warner Street?
There are currently no comparable homes to 724 Warner Street.
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