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Fort Morgan 80701
807 Michael Avenue
$320,000
● House - Off Market

807 Michael Avenue

Fort Morgan, CO 80701
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,950 Ft²
$320,537
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

This 4 bedroom 2 bath home comes with a big back yard and shed. Each room has their own heating controls. Living room floors are new as well as the ceiling fans in bedrooms.
Unit Size
1,950 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$164
Property Type
House
Property Taxes
$107
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 years ago (REcolorado MLS #RECIR978661)

Price History

Date / Event Date Event Price
Jun 8, 2023 Sold
Premium
Sold
Nov 10, 2022 Listed by Resident Realty $320,000
Listed by Resident Realty
Dec 3, 2012 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • 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: 40
  • 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: 9
  • Basement Area: 975
  • Garage Type: 1
  • Garage Square Area: 550
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,875
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 710
  • Total Building Area: 2,612
  • Gross Building Area: 2,612
  • Building Area: 2,612
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 2
  • Heated Square Feet: 975
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLENN HAVEN SUB
  • Land Acres: 0000000204
  • Standard Land Use Code: 1001
  • Legal Description 1: SUBD GLENN HAVEN SUB FM BLOCK 02 LOT 02 AND- LOT 03 E47.75FT LT 2 & W23.25FT LT 3

Neighborhood

  • School District Name: Fort Morgan School District RE-3
  • Census Tract: 000600

Geography

  • Parcel: R006424
  • Block: 2
  • Lot: 3
  • Municipality: FORT MORGAN CD SP
  • Latitude: 40.2411
  • Longitude: -103.79

    Address

  • Full Address: 807 Michael Ave
  • Address - House Number: 807
  • Address - Street Name: Michael
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Fort Morgan
  • Carrier Code: C006
  • 4-Digit Zip Code: 3859
  • Zip Code: 80701

Valuation

    Tax

  • Total Area: 1,950
  • Tax Year: 2023
  • Tax Amount: $156,184
  • Tax Rate Code Area: 025

    Appraisal Valuation

  • Standard Deviation: 0.1879
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 330,768
  • High Value: 392,933
  • Low Value: 268,603

    Market Valuation

  • Market Total Value: $224,460
  • Market Land Value: $42,000
  • Market Improvement Value: $182,460

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,600
  • Assessed Land Value: $2,920
  • Assessed Improvements Value: $12,680

    Sales

  • Current Sale Contract Date: Jun 01, 2023
  • Current Sale Recording Date: Jun 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 946683
  • Previous Sale Recording Date: Dec 03, 2012
  • Previous Sale Contract Date: Nov 30, 2012
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: 54
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

$192

Below Asking

0.02%

Average Days on Market

63

Average Home Size

2013 ft²

Average Home Age

69.4 years

Currently For Sale

97 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 807 Michael Avenue built and last sold?
The property at 807 Michael Avenue was built in 1977 and last sold on Jun 1, 2023 for $320,000.
How much is this home worth?
The estimated value of the home located at 807 Michael Avenue is $0.
What are some comparable homes to 807 Michael Avenue?
There are currently no comparable homes to 807 Michael Avenue.
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