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Weld 80550
730 Elk Mountain Dr
$445,000
● House - Off Market

730 Elk Mountain Dr

Severance, CO 80550
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,245 Ft²
$441,396
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Welcome to this wonderful RANCH with main floor living.  Enter through the front door and notice the cute seating area for your shoes and coats that invites you to the open living area. The large kitchen has plenty of counter space and cabinets for all your cooking adventures.  Three Beds/ 2 bath is perfect for anyone just starting out or looking to live on one level. Extra space in the very large unfinished basement for your future expansion desires. Fury friends will rejoice in the fenced yard and parks all within walking distance.  All this for an affordable price located minutes from the wonderful schools of Windsor.
Unit Size
1,245 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$352
Property Type
House
Property Taxes
$282
HOA Dues
-
Year Built
2018

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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 (IRES MLS #982498)

Price History

Date / Event Date Event Price
May 10, 2023 Sold
Premium
Sold
Feb 24, 2023 Listed by Group Mulberry $438,000
Listed by Group Mulberry
Mar 19, 2018 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,246
  • Garage Type: 1
  • Garage Square Area: 434
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,238
  • Total Building Area: 2,926
  • Gross Building Area: 2,926
  • Building Area: 1,246
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,246
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OVERLOOK FG # 1
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 18 BLOCK 5 OVERLOOK FG #1

Neighborhood

  • School District Name: Windsor School District RE-4
  • Census Tract: 002208

Geography

  • Account Number: R8949426
  • Parcel: R8949426
  • Block: 5
  • Lot: 18
  • Latitude: 40.5117
  • Longitude: -104.864

    Address

  • Full Address: 730 Elk Mountain Dr
  • Address - House Number: 730
  • Address - Street Name: Elk Mountain
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Severance
  • Carrier Code: R014
  • 4-Digit Zip Code: 4868
  • Zip Code: 80550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $425,846
  • Tax Rate Code Area: 5666

    Appraisal Valuation

  • Standard Deviation: 0.1418
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 462,925
  • High Value: 528,582
  • Low Value: 397,268

    Market Valuation

  • Market Total Value: $442,369
  • Market Land Value: $105,000
  • Market Improvement Value: $337,369

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,640
  • Assessed Land Value: $7,040
  • Assessed Improvements Value: $22,600

    Sales

  • Current Sale Contract Date: May 09, 2023
  • Current Sale Recording Date: May 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4897476
  • Previous Sale Recording Date: Mar 19, 2018
  • Previous Sale Contract Date: Mar 16, 2018
  • Previous Sale Amount: $275,000
  • 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 Weld

Stats & Trends

Median Asking:

$495,865

Sale Price/ft²

$246

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2227 ft²

Average Home Age

22.5 years

Currently For Sale

3115 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: Denise Loree Staab, Group Mulberry
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 982498
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 730 Elk Mountain Drive built and last sold?
The property at 730 Elk Mountain Drive was built in 2018 and last sold on May 9, 2023 for $445,000.
How much is this home worth?
The estimated value of the home located at 730 Elk Mountain Drive is $0.
What are some comparable homes to 730 Elk Mountain Drive?
There are currently no comparable homes to 730 Elk Mountain Drive.
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