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Longmont 80503
840 Wade Road
$495,000
● House - Off Market

840 Wade Road

Longmont, CO 80503
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,287 Ft²
$448,614
RealtyHop Estimate
-6.54%
Since Jun 1, 2022
CO-Denver
Primary Model

About This Property

Back on the market.  Financing fell through. Great all brick patio home.  2 beds, 2 baths with an attached 2 car garage.  Open floorplan, with vaulted ceilings. Master bedroom has double closets and jetted tub in bathroom.   All new flooring throughout.  Freshly painted interior.  Great room with  country style gas stove. Corner lot.  Covered back patio.  No HOA!  Across the street from Twin Peaks Golf Course.  Quick possession possible.  Centrally located and close to everything.  No showings after 6 pm during week
Unit Size
1,287 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$373
Property Type
House
Property Taxes
$196
HOA Dues
-
Year Built
1987

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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 #RECIR960195)

Price History

Date / Event Date Event Price
May 11, 2022 Sold
Premium
Sold
Mar 5, 2022 Listed by Resident Realty $480,000
Listed by Resident Realty
Jul 5, 2007 Sold
Premium
Sold
Nov 20, 1987 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 397
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,971
  • Total Building Area: 1,684
  • Gross Building Area: 1,684
  • Building Area: 1,287
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,287
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALLEY (THE) - LG
  • Land Acres: 0000000114
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 7 BLK 2 VALLEY THE

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013212

Geography

  • Assessors Map Reference: B2-M
  • Account Number: R0091270
  • Parcel: R0091270
  • Block: 2
  • Lot: 7
  • Meridian: SEC 05 TWN 2N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1734
  • Longitude: -105.143

    Address

  • Full Address: 840 Wade Rd
  • Address - House Number: 840
  • Address - Street Name: Wade
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Longmont
  • Carrier Code: R008
  • 4-Digit Zip Code: 7000
  • Zip Code: 80503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $231,708
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1655
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 79
  • Final Value: 491,547
  • High Value: 572,934
  • Low Value: 410,160

    Market Valuation

  • Market Total Value: $462,500
  • Market Land Value: $111,700
  • Market Improvement Value: $350,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,289
  • Assessed Land Value: $7,557
  • Assessed Improvements Value: $23,732

    Sales

  • Current Sale Contract Date: May 09, 2022
  • Current Sale Recording Date: May 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3961747
  • Previous Sale Recording Date: Jul 05, 2007
  • Previous Sale Contract Date: Jun 29, 2007
  • Previous Sale Amount: $215,000
  • 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 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 840 Wade Road built and last sold?
The property at 840 Wade Road was built in 1987 and last sold on May 9, 2022 for $495,000.
How much is this home worth?
The estimated value of the home located at 840 Wade Road is $482,693.
What are some comparable homes to 840 Wade Road?
There are currently no comparable homes to 840 Wade Road.
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