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Fort Morgan 80701
824 Simpson St
$252,350
● House - Off Market

824 Simpson St

Fort Morgan, CO 80701
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,445 Ft²
$1,338
Est. Monthly
12.44%
Cap Rate

About This Property

Charming fixer upper, with 3 bedrooms, 2 baths and detached large garage. Lots of potential. Schedule your showing today.
Unit Size
2,445 Ft²
Days on Market
64 days
Land Size
0.20 acres
Price per sqft
$100
Property Type
House
Property Taxes
$135
HOA Dues
-
Year Built
1948

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #4671923)

Price History

Date / Event Date Event Price
Jun 27, 2024 Sold
Premium
Sold
May 20, 2024 In contract -
In contract
Apr 26, 2024 Relisted $245,000
Relisted
Nov 5, 2023 Listed $245,000
Listed
Mar 10, 2021 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1955
  • Building Count: 2
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 9
  • Basement Area: 1,120
  • Garage Type: 4
  • Garage Square Area: 970
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,500
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,635
  • Gross Building Area: 2,635
  • Building Area: 2,635
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,445
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLD FORT ADD
  • Land Acres: 0000000195
  • Standard Land Use Code: 1001
  • Legal Description 1: SUBD OLD FORT ADD FM BLOCK 01 LOT 28 AND- LOT 29

Neighborhood

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

Geography

  • Parcel: R007134
  • Block: 1
  • Lot: 29
  • Municipality: FORT MORGAN CD SP
  • Latitude: 40.2576
  • Longitude: -103.793

    Address

  • Full Address: 824 Simpson St
  • Address - House Number: 824
  • Address - Street Name: Simpson
  • Address - Suffix Type: St
  • State: CO
  • City Name: Fort Morgan
  • Carrier Code: C003
  • 4-Digit Zip Code: 3253
  • Zip Code: 80701

Valuation

    Tax

  • Total Area: 2,565
  • Tax Year: 2023
  • Tax Amount: $178,912
  • Tax Rate Code Area: 025

    Appraisal Valuation

  • Standard Deviation: 0.0873
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 92
  • Final Value: 258,620
  • High Value: 281,214
  • Low Value: 236,027

    Market Valuation

  • Market Total Value: $284,040
  • Market Land Value: $42,000
  • Market Improvement Value: $242,040

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,740
  • Assessed Land Value: $2,920
  • Assessed Improvements Value: $16,820

    Sales

  • Current Sale Contract Date: Mar 08, 2021
  • Current Sale Recording Date: Mar 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 931321
  • Previous Sale Recording Date: Feb 04, 2015
  • Previous Sale Contract Date: Jan 27, 2015
  • Previous Sale Amount: $114,000
  • 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:

$309,900

Sale Price/ft²

$196

Below Asking

0.02%

Average Days on Market

71

Average Home Size

2023 ft²

Average Home Age

68.2 years

Currently For Sale

96 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: Christopher Lawrence,
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 4671923
© 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 824 Simpson Street built and last sold?
The property at 824 Simpson Street was built in 1948 and last sold on Mar 8, 2021 for $246,000.
How much is this home worth?
The estimated value of the home located at 824 Simpson Street is $257,746.
What are some comparable homes to 824 Simpson Street?
There are currently no comparable homes to 824 Simpson Street.
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