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Castle Rock 80104 Downtown Castle Rock
81 Memmen Dr
$346,000
● House - Off Market

81 Memmen Dr

Castle Rock, CO 80104
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,786 Ft²
$326,612
RealtyHop Estimate
-5.60%
Since Apr 1, 2022
CO-Denver
Primary Model

About This Property

Non Arms Length Transaction. Updated off market sale info for comparable purposes only.
Unit Size
1,786 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$194
Property Type
House
Property Taxes
$92
HOA Dues
-
Year Built
1972

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Cap Rate Calculator

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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: 2 years ago (REcolorado MLS #2551754)

Price History

Date / Event Date Event Price
Apr 5, 2022 Sold
Premium
Sold
Mar 31, 2022 Listed $346,000
Listed
Dec 2, 1999 Sold
Premium
Sold
Jun 27, 1986 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 3
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 350
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,757
  • Total Building Area: 1,786
  • Gross Building Area: 1,786
  • Building Area: 1,786
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,786
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: YOUNGS ADDITION
  • Land Acres: 0000000224
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 14 BLK 7 YOUNGS 4TH ADD TO CASTLE ROCK 236-185 0.224 AM/L

Neighborhood

  • School District Name: Douglas County School District RE-1
  • Census Tract: 014504

Geography

  • Assessors Map Reference: 252-J
  • Account Number: R0077770
  • Parcel: 0077770
  • Block: 7
  • Lot: 14
  • Meridian: SEC 12 TWN 08S RNG 67W QTR NW
  • Municipality: DOUGLAS COUNTY RE 1
  • Latitude: 39.3706
  • Longitude: -104.847

    Address

  • Full Address: 81 Memmen Dr
  • Address - House Number: 81
  • Address - Street Name: Memmen
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Castle Rock
  • Carrier Code: C010
  • 4-Digit Zip Code: 2085
  • Zip Code: 80104

Valuation

    Tax

  • Total Area: 1,786
  • Tax Year: 2022
  • Tax Amount: $105,746
  • Tax Rate Code Area: 0217

    Appraisal Valuation

  • Standard Deviation: 0.1212
  • Valuation Date: Mar 08, 2023
  • Confidence Score: 86
  • Final Value: 501,649
  • High Value: 562,492
  • Low Value: 440,806

    Market Valuation

  • Market Total Value: $328,323
  • Market Land Value: $105,447
  • Market Improvement Value: $222,876

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,820
  • Assessed Land Value: $7,330
  • Assessed Improvements Value: $15,490

    Sales

  • Current Sale Contract Date: Mar 31, 2022
  • Current Sale Recording Date: Apr 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 24643
  • Previous Sale Recording Date: Dec 02, 1999
  • Previous Sale Contract Date: Nov 30, 1999
  • Previous Sale Amount: $153,000
  • 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 Downtown Castle Rock

Stats & Trends

Median Asking:

$549,000

Sale Price/ft²

$300

Below Asking

0.03%

Average Days on Market

62

Average Home Size

1702 ft²

Average Home Age

33 years

Currently For Sale

66 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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REcolorado

Listed by: Sam Barnes II,
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 2551754
© 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 81 Memmen Drive built and last sold?
The property at 81 Memmen Drive was built in 1972 and last sold on Mar 31, 2022 for $346,000.
How much is this home worth?
The estimated value of the home located at 81 Memmen Drive is $0.
What are some comparable homes to 81 Memmen Drive?
There are currently no comparable homes to 81 Memmen Drive.
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