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Weld 80550
822 Mt Sneffels Avenue
$424,000
● House - Off Market

822 Mt Sneffels Avenue

Severance, CO 80550
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,246 Ft²
$432,658
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

This beautiful ranch style home has 3 bedrooms and 2 bathrooms all on the main level. Master bedroom has large closet and en suite bathroom. The kitchen features a gas range and countertop for barstools and opens into the dinning room and living room. There is a lot of natural light in this home. The home sits on a large .21 acre lot. The backyard features a patio, well maintained grass, sprinkler system and a large garden plus growing aspen trees and fruit trees. You'll enjoy the shaded patio on summer evenings. Basement is unfinished but has a lot of potential for additional bedrooms, a bathroom and family room. This home is very well maintained and move-in ready.
Unit Size
1,246 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$321
Property Type
House
Property Taxes
-
HOA Dues
$25
Year Built
2018

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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 #RECIR955653)

Price History

Date / Event Date Event Price
Jan 7, 2022 Sold
Premium
Sold
Nov 26, 2021 Listed by 8z Real Estate $400,000
Listed by 8z Real Estate
Nov 20, 2018 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,246
  • Garage Type: 1
  • Garage Square Area: 434
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,424
  • Total Building Area: 2,926
  • Gross Building Area: 2,926
  • Building Area: 1,246
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,246
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OVERLOOK FG # 1
  • Land Acres: 0000000216
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 5 BLOCK 23 OVERLOOK FG #1

Neighborhood

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

Geography

  • Account Number: R8949734
  • Parcel: R8949734
  • Block: 23
  • Lot: 5
  • Latitude: 40.5116
  • Longitude: -104.867

    Address

  • Full Address: 822 Mt Sneffels Ave
  • Address - House Number: 822
  • Address - Street Name: Mt Sneffels
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Severance
  • Carrier Code: R014
  • 4-Digit Zip Code: 4888
  • Zip Code: 80550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $425,948
  • Tax Rate Code Area: 5667

    Appraisal Valuation

  • Standard Deviation: 0.1522
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 445,317
  • High Value: 513,116
  • Low Value: 377,519

    Market Valuation

  • Market Total Value: $442,369
  • Market Land Value: $105,000
  • Market Improvement Value: $337,369

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,640
  • Assessed Land Value: $7,040
  • Assessed Improvements Value: $22,600

    Sales

  • Current Sale Contract Date: Jan 06, 2021
  • Current Sale Recording Date: Jan 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4792312
  • Previous Sale Recording Date: Nov 20, 2018
  • Previous Sale Contract Date: Nov 16, 2018
  • Previous Sale Amount: $300,350
  • Previous Sale Document Type: 68
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 Weld

Stats & Trends

Median Asking:

$495,900

Sale Price/ft²

$246

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2227 ft²

Average Home Age

22.5 years

Currently For Sale

3120 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 822 Mt Sneffels Avenue built and last sold?
The property at 822 Mt Sneffels Avenue was built in 2018 and last sold on Jan 6, 2021 for $424,000.
How much is this home worth?
The estimated value of the home located at 822 Mt Sneffels Avenue is $0.
What are some comparable homes to 822 Mt Sneffels Avenue?
There are currently no comparable homes to 822 Mt Sneffels Avenue.
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