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Severance 80550
816 Cliffrose Way
$400,000
● House - Off Market

816 Cliffrose Way

Severance, CO 80550
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,750 Ft²
$409,234
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Located in the heart of Severance, this lovely; warm and inviting 2 Story home is located near the life of the town on a corner lot! This home comes equipped with an updated Furnace & A/C; Refrigerator; Air Fryer Oven; and Dishwasher. Save on your Energy Bills by taking advantage of the Solar Panels that are installed. There is a retractable awning in the oversized Backyard above the freshly refinished Patio to enjoy the Summer sun and a firepit below to enjoy in quiet Severance evenings. The partial unfinished Basement, with rough in Bathroom, would allow you to expand and customize the Rec Room to suite your lifestyle.
Unit Size
1,750 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$229
Property Type
House
Property Taxes
-
HOA Dues
$14
Year Built
2004

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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 (REcolorado MLS #RECIR968458)

Price History

Date / Event Date Event Price
Aug 2, 2022 Sold
Premium
Sold
Jun 15, 2022 Listed by Coldwell Banker Realty- Fort Collins $400,000
Listed by Coldwell Banker Realty- Fort Collins
Jul 7, 2015 Sold
Premium
Sold
Feb 24, 2009 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 576
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 60
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,622
  • Total Building Area: 2,378
  • Gross Building Area: 2,378
  • Building Area: 1,750
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,750
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMBER RIDGE PUD 1ST FG
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: SEV 1TRPUD L8A BLK4 TIMBER RIDGE PUD 1ST FG

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 1259
  • Account Number: R1151102
  • Parcel: R1151102
  • Block: 4
  • Lot: 8A
  • Meridian: SEC 2 TWN 6N RNG 67W
  • Latitude: 40.5218
  • Longitude: -104.857

    Address

  • Full Address: 816 Cliffrose Way
  • Address - House Number: 816
  • Address - Street Name: Cliffrose
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Severance
  • Carrier Code: R008
  • 4-Digit Zip Code: 2944
  • Zip Code: 80550

Valuation

    Tax

  • Total Area: 1,978
  • Tax Year: 2023
  • Tax Amount: $223,594
  • Tax Rate Code Area: 0434

    Appraisal Valuation

  • Standard Deviation: 0.1522
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 451,154
  • High Value: 519,842
  • Low Value: 382,467

    Market Valuation

  • Market Total Value: $431,661
  • Market Land Value: $87,000
  • Market Improvement Value: $344,661

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,920
  • Assessed Land Value: $5,830
  • Assessed Improvements Value: $23,090

    Sales

  • Current Sale Contract Date: Jul 29, 2022
  • Current Sale Recording Date: Aug 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 4845672
  • Previous Sale Recording Date: Jul 07, 2015
  • Previous Sale Contract Date: Jun 29, 2015
  • Previous Sale Amount: $253,000
  • 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 Severance

Stats & Trends

Median Asking:

$520,900

Sale Price/ft²

$251

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2565 ft²

Average Home Age

8.4 years

Currently For Sale

120 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 816 Cliffrose Way built and last sold?
The property at 816 Cliffrose Way was built in 2004 and last sold on Jul 29, 2022 for $400,000.
How much is this home worth?
The estimated value of the home located at 816 Cliffrose Way is $0.
What are some comparable homes to 816 Cliffrose Way?
There are currently no comparable homes to 816 Cliffrose Way.
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