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Larimer 80534
8541 E County Road 18
$720,000
● House - Off Market

8541 E County Road 18

Johnstown, CO 80534
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,441 Ft²
$941,309
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

Bring your horses, RVs, and home-based business!  A one of a kind rural property close to town with no HOA and easy access to I-25, this property has unlimited possibilities.  The 36 x 48' shop is perfect for a business or simply for fun (and includes rough in for plumbing and is both insulated and heated).   Lots of room with 4 bedrooms, 3 baths, eat-in kitchen, formal dining, living room, family room with cozy wood-burning fireplace, and office space in basement.  The approximately 5 acres has a fenced garden area with garden shed and plenty of room for horses and other interests.  Stunning mountain views! Call now to schedule your personal showing!
Unit Size
2,441 Ft²
Days on Market
-
Land Size
4.62 acres
Price per sqft
$303
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
1978

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Cap Rate Calculator

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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 #6134527)

Price History

Date / Event Date Event Price
Oct 31, 2023 Sold
Premium
Sold
Aug 23, 2023 Listed by TRELORA Colorado $980,000
Listed by TRELORA Colorado
Feb 5, 2021 Sold
Premium
Sold
Sep 24, 2020 Listed by TRELORA Colorado $740,000
Listed by TRELORA Colorado
May 31, 2018 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 774
  • Garage Type: 1
  • Garage Square Area: 544
  • Parking Space Count: 5
  • Patio Type: 61
  • Porch Type: 31
  • Pool Type: 0
  • Location Influence Type: 158

    Dimensions

  • Lot Size Square Feet: 201,090
  • Total Building Area: 3,564
  • Gross Building Area: 3,564
  • Building Area: 2,441
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,441
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004616
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: PAR IN 24-5-68 DESC AS BEG AT S 1/4 COR, S 89 44 20 E 378.1 FT, N 0 55 28 W 122.97 FT, N 31 55 38 W 95.93 FT, N 48 58 48 W 269.75 FT, N 61 56 47 W 149.66 FT, N 75 18 28 W 210.46 FT, S 0 5 W 503.46 FT TO S LN OF SW 1/4, TH E ALG S LN 214.53 FT

Neighborhood

  • School District Name: Thompson School District R-2J
  • Census Tract: 001713

Zoning

  • Zoning: FA

Geography

  • Assessors Map Reference: 85240
  • Account Number: R0687642
  • Parcel: R0687642
  • Meridian: SEC 24 TWN 5N RNG 68W
  • Municipality: OUTSIDE CITY LIMITS
  • Latitude: 40.3787
  • Longitude: -104.955

    Address

  • Full Address: 8541 E County Road 18
  • Address - House Number: 8541
  • Street Direction: E
  • Address - Street Name: County Road 18
  • State: CO
  • City Name: Johnstown
  • Carrier Code: R001
  • 4-Digit Zip Code: 4025
  • Zip Code: 80534

Valuation

    Tax

  • Total Area: 3,020
  • Tax Year: 2023
  • Tax Amount: $453,106
  • Tax Rate Code Area: 2001

    Appraisal Valuation

  • Standard Deviation: 0.1311
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 85
  • Final Value: 934,933
  • High Value: 1,057,535
  • Low Value: 812,331

    Market Valuation

  • Market Total Value: $915,500
  • Market Land Value: $60,000
  • Market Improvement Value: $855,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $61,339
  • Assessed Land Value: $4,020
  • Assessed Improvements Value: $57,319

    Sales

  • Current Sale Contract Date: Oct 27, 2023
  • Current Sale Recording Date: Oct 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 46704
  • Previous Sale Recording Date: May 31, 2018
  • Previous Sale Contract Date: Apr 25, 2018
  • Previous Sale Amount: $580,000
  • 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 Larimer

Stats & Trends

Median Asking:

$554,990

Sale Price/ft²

$284

Above Asking

81.88%

Average Days on Market

57

Average Home Size

2237 ft²

Average Home Age

27.7 years

Currently For Sale

3386 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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REcolorado

Listed by: Trelora Team, TRELORA Colorado
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 6134527
© 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 8541 East County Rd 18 built and last sold?
The property at 8541 East County Rd 18 was built in 1978 and last sold on Oct 27, 2023 for $970,000.
How much is this home worth?
The estimated value of the home located at 8541 East County Rd 18 is $975,182.
What are some comparable homes to 8541 East County Rd 18?
There are currently no comparable homes to 8541 East County Rd 18.
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