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Longmont 80503
819 Timothy Drive
$627,000
● House - Off Market

819 Timothy Drive

Longmont, CO 80503
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,931 Ft²
$635,458
RealtyHop Estimate
8.63%
Since Aug 1, 2021
CO-Denver
Primary Model

About This Property

Welcome to this beautiful light, bright, and amazingly turn key home located on a quiet street in desirable Nelson Park! This home features soaring ceilings, hardwood floors, and an inviting open flow floor plan perfect for everyday living and entertaining. Upstairs you will find four bedrooms including the spacious south facing primary suite overlooking the beautiful backyard complete with perennial gardens and hot tub. Enjoy the close proximity to Willow Farm park and bike paths along with easy access to all kinds of shopping, dining, and entertainment. New roof in 2019, smart switches, smart garage door, keyless entry.
Unit Size
1,931 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$303
Property Type
House
Property Taxes
$262
HOA Dues
$20
Year Built
1996

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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 #RECIR943727)

Price History

Date / Event Date Event Price
Aug 2, 2021 Sold
Premium
Sold
Jun 21, 2021 Listed by 8z Real Estate $585,000
Listed by 8z Real Estate
Oct 11, 2017 Sold
Premium
Sold
Sep 2, 2017 Listed by 8z Real Estate $439,900
Listed by 8z Real Estate
Sep 13, 2016 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • 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: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 734
  • Garage Type: 1
  • Garage Square Area: 536
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,466
  • Total Building Area: 3,201
  • Gross Building Area: 3,201
  • Building Area: 1,931
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,931
  • 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: 0000000148
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 24 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: R0120009
  • Parcel: R0120009
  • Block: 5
  • Lot: 24
  • Meridian: SEC 08 TWN 2N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1499
  • Longitude: -105.141

    Address

  • Full Address: 819 Timothy Dr
  • Address - House Number: 819
  • 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: $320,156
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: May 24, 2023
  • Confidence Score: 78
  • Final Value: 679,682
  • High Value: 794,805
  • Low Value: 564,559

    Market Valuation

  • Market Total Value: $637,500
  • Market Land Value: $173,600
  • Market Improvement Value: $463,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,127
  • Assessed Land Value: $11,744
  • Assessed Improvements Value: $31,383

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Aug 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3903902
  • Previous Sale Recording Date: Oct 11, 2017
  • Previous Sale Contract Date: Oct 10, 2017
  • Previous Sale Amount: $437,500
  • 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

1970 ft²

Average Home Age

33.9 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 819 Timothy Drive built and last sold?
The property at 819 Timothy Drive was built in 1996 and last sold on Jul 30, 2021 for $627,000.
How much is this home worth?
The estimated value of the home located at 819 Timothy Drive is $579,906.
What are some comparable homes to 819 Timothy Drive?
There are currently no comparable homes to 819 Timothy Drive.
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