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Jefferson 80403 Blue Mountain Estates
8897 Ute Dr
$1,310,000
● House - Off Market

8897 Ute Dr

Golden, CO 80403
bedrooms
3 Beds
bathrooms
1 Bath
square feet
3,046 Ft²
$8,254
Est. Monthly
1.74%
Cap Rate

About This Property

Easy mountain living just 15 minutes above Golden and 20 minutes to Boulder. This immaculate Blue Mountain home is nestled in the trees with wonderful views and sunshine. The well-built ranch has many upgrades including large deck, new roof, high-efficiency boiler, gas fireplaces, solar tubes, custom cabinets, and more. Lots of large windows to enjoy the beautiful surroundings and wildlife. The primary bedroom has private bath, walk-in closet, and direct access to patio. The paved driveway leads to oversized 3-car garage with workshop.
Unit Size
3,046 Ft²
Days on Market
24 days
Land Size
2.00 acres
Price per sqft
$517
Property Type
House
Property Taxes
$520
HOA Dues
-
Year Built
1964

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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: 2 years ago (IRES MLS #1008624)

Price History

Date / Event Date Event Price
Jun 28, 2024 Sold
Premium
Sold
May 31, 2024 Relisted $1,575,000
Relisted
May 17, 2024 In contract -
In contract
May 2, 2024 Listed $1,575,000
Listed
Apr 25, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 2,051
  • Garage Type: 1
  • Garage Square Area: 834
  • Parking Space Count: 3
  • Patio Type: 69
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 90,779
  • Total Building Area: 3,880
  • Gross Building Area: 3,961
  • Building Area: 1,829
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,829
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLUE MOUNTAIN ESTATES
  • Land Acres: 0000002084
  • Standard Land Use Code: 1001
  • County Land Use Code: 110
  • State Land Use Code: 1112
  • Legal Description 1: SECTION 24 TOWNSHIP 02 RANGE 71 QTR SE SIZE: 90779 VALUE: 2.084 KEY=043

Neighborhood

  • School District Name: Jefferson County School District R-1
  • Census Tract: 009858

Zoning

  • Zoning: A1

Geography

  • Account Number: 300044307
  • Subdivision Tract Number: 1
  • Parcel: 21-244-00-033
  • Meridian: SEC 24 TWN 02S RNG 71W
  • Municipality: UNINCORPORATED AREA
  • Latitude: 39.8567
  • Longitude: -105.277

    Address

  • Full Address: 8897 Ute Dr
  • Address - House Number: 8897
  • Address - Street Name: Ute
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Golden
  • Carrier Code: R011
  • 4-Digit Zip Code: 8319
  • Zip Code: 80403

Valuation

    Tax

  • Total Area: 3,087
  • Tax Year: 2023
  • Tax Amount: $624,020
  • Tax Rate Code Area: 4839

    Appraisal Valuation

  • Standard Deviation: 0.1378
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 83
  • Final Value: 1,030,452
  • High Value: 1,172,449
  • Low Value: 888,455

    Market Valuation

  • Market Total Value: $1,064,372
  • Market Land Value: $404,752
  • Market Improvement Value: $659,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,628
  • Assessed Land Value: $27,118
  • Assessed Improvements Value: $40,510

    Exemptions

  • Senior Citizen Exemption : Yes

    Sales

  • Current Sale Contract Date: May 10, 2002
  • Current Sale Recording Date: Apr 25, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 61
  • Current Sale Input Document Number: F1734972
  • Previous Sale Recording Date: May 16, 2002
  • Previous Sale Contract Date: May 10, 2002
  • Previous Sale Amount: $437,303
  • 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 Blue Mountain Estates

Stats & Trends

Median Asking:

$1,700,000

Sale Price/ft²

$445

Below Asking

0.01%

Average Days on Market

40

Average Home Size

4535 ft²

Average Home Age

31.8 years

Currently For Sale

6 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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IRES

Listed by: Jimmy Keith,
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1008624
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 8897 Ute Drive built and last sold?
The property at 8897 Ute Drive was built in 1964 and last sold on May 10, 2002 for $437,303.
How much is this home worth?
The estimated value of the home located at 8897 Ute Drive is $0.
What are some comparable homes to 8897 Ute Drive?
There are currently no comparable homes to 8897 Ute Drive.
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