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Longmont 80503
807 Timothy Drive
$670,000
● House - Off Market

807 Timothy Drive

Longmont, CO 80503
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,193 Ft²
$630,633
RealtyHop Estimate
-2.98%
Since Aug 1, 2022
CO-Denver
Primary Model

About This Property

Great SW location!  Soaring ceiling bring in tons of natural light on lovely solid hardwood floors!  Large yard with great pergola for entertaining!  Professionally finished basement and the big ticket items have been done! So many upgrades! New in 2016: ROOF, clothes washer and dryer, stainless steel dishwasher and refrigerator!  2017 furnace; 2019 quiet garage door opening system; 2021 hardwood floor refinished!  Lovely neighborhood Barn Park just around the corner; walking distance to breweries, restaurants, or hop on the awesome SW Longmont trail system for miles of fabulous walking or biking trails!  Tenant occupied
Unit Size
2,193 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$296
Property Type
House
Property Taxes
-
HOA Dues
$22
Year Built
1996

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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 #RECIR966153)

Price History

Date / Event Date Event Price
Jul 12, 2022 Sold
Premium
Sold
May 19, 2022 Listed by Estate Professionals $650,000
Listed by Estate Professionals
Sep 9, 2016 Sold
Premium
Sold
Aug 29, 2001 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 16
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 623
  • Garage Type: 1
  • Garage Square Area: 435
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,100
  • Total Building Area: 2,691
  • Gross Building Area: 2,691
  • Building Area: 2,193
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,193
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NELSON PARK AMENDED - LG
  • Land Acres: 0000000163
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 27 BLK 5 NELSON PARK AMENDED

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013212

Geography

  • Assessors Map Reference: B4-C
  • Account Number: R0120012
  • Parcel: R0120012
  • Block: 5
  • Lot: 27
  • Meridian: SEC 08 TWN 2N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1499
  • Longitude: -105.142

    Address

  • Full Address: 807 Timothy Dr
  • Address - House Number: 807
  • Address - Street Name: Timothy
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Longmont
  • Carrier Code: R036
  • 4-Digit Zip Code: 7685
  • Zip Code: 80503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $320,354
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: May 17, 2023
  • Confidence Score: 79
  • Final Value: 696,213
  • High Value: 811,696
  • Low Value: 580,729

    Market Valuation

  • Market Total Value: $639,900
  • Market Land Value: $182,000
  • Market Improvement Value: $457,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,289
  • Assessed Land Value: $12,312
  • Assessed Improvements Value: $30,977

    Sales

  • Current Sale Contract Date: Jul 11, 2022
  • Current Sale Recording Date: Jul 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3971179
  • Previous Sale Recording Date: Sep 09, 2016
  • Previous Sale Contract Date: Aug 25, 2016
  • Previous Sale Amount: $395,500
  • 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 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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Frequently Asked Questions

When was property at 807 Timothy Drive built and last sold?
The property at 807 Timothy Drive was built in 1996 and last sold on Jul 11, 2022 for $670,000.
How much is this home worth?
The estimated value of the home located at 807 Timothy Drive is $0.
What are some comparable homes to 807 Timothy Drive?
There are currently no comparable homes to 807 Timothy Drive.
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