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Fort Morgan 80701
819 Simpson St
$285,400
● House - Off Market

819 Simpson St

Fort Morgan, CO 80701
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,517 Ft²
$1,564
Est. Monthly
7.44%
Cap Rate

About This Property

Welcome home!  Price reduced for a quick sale. Spacious 2 bedroom, 2 bath home with two living areas.  Both bedrooms have double closets. Many updates have been made.  New central air unit and garage door opener in 2023.  New flooring through most of home since 2018 along with window coverings, light fixtures and kitchen stove. Additional patio in the back and rolling shades added. Storage shed with shelves with plenty of room for all of your seasonal decorations. Vinyl fence in the back. Covered front patio surrounded by a beautiful mature rose garden. Maintenance free siding and soffits. New sprinkler control box. Come and see for yourself.
Unit Size
1,517 Ft²
Days on Market
100 days
Land Size
0.15 acres
Price per sqft
$197
Property Type
House
Property Taxes
$96
HOA Dues
-
Year Built
1950

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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 #1005083)

Price History

Date / Event Date Event Price
Aug 9, 2024 Sold
Premium
Sold
Jul 11, 2024 Price Decreased $299,000
↓ $8K (2.6%)
Price Decreased
Jun 15, 2024 Price Decreased $307,000
↓ $9K (2.9%)
Price Decreased
May 15, 2024 Price Decreased $316,000
↓ $2K (0.5%)
Price Decreased
May 2, 2024 Relisted $317,500
Relisted
Show More

Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1953
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,500
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,724
  • Gross Building Area: 2,724
  • Building Area: 2,724
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,517
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARK ADD
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • Legal Description 1: SUBD PARK ADD FM BLOCK 12 LOT 07 AND- LOT 08

Neighborhood

  • School District Name: Fort Morgan School District RE-3
  • Census Tract: 000400

Geography

  • Parcel: R004977
  • Block: 12
  • Lot: 8
  • Municipality: FORT MORGAN CD SP
  • Latitude: 40.2575
  • Longitude: -103.794

    Address

  • Full Address: 819 Simpson St
  • Address - House Number: 819
  • Address - Street Name: Simpson
  • Address - Suffix Type: St
  • State: CO
  • City Name: Fort Morgan
  • Carrier Code: C003
  • 4-Digit Zip Code: 3252
  • Zip Code: 80701

Valuation

    Tax

  • Total Area: 1,517
  • Tax Year: 2023
  • Tax Amount: $114,944
  • Tax Rate Code Area: 025

    Appraisal Valuation

  • Standard Deviation: 0.205
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 310,718
  • High Value: 374,421
  • Low Value: 247,014

    Market Valuation

  • Market Total Value: $213,630
  • Market Land Value: $33,600
  • Market Improvement Value: $180,030

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,850
  • Assessed Land Value: $2,340
  • Assessed Improvements Value: $12,510

    Sales

  • Current Sale Contract Date: May 09, 2017
  • Current Sale Recording Date: May 09, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 905505
  • Previous Sale Recording Date: Jan 17, 2017
  • Previous Sale Contract Date: Jan 13, 2017
  • Previous Sale Amount: $145,000
  • 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 Fort Morgan

Stats & Trends

Median Asking:

$309,450

Sale Price/ft²

$195

Below Asking

0.02%

Average Days on Market

71

Average Home Size

2016 ft²

Average Home Age

68.3 years

Currently For Sale

95 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: Christal Ley, Plains Realty & Management LLC
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 1005083
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 819 Simpson Street built and last sold?
The property at 819 Simpson Street was built in 1950 and last sold on May 9, 2017 for $145,000.
How much is this home worth?
The estimated value of the home located at 819 Simpson Street is $0.
What are some comparable homes to 819 Simpson Street?
There are currently no comparable homes to 819 Simpson Street.
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