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Niwot 80503
8983 Walker Rd
$870,000
● House - Off Market

8983 Walker Rd

Niwot, CO 80503
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,736 Ft²
$968,400
RealtyHop Estimate
8.20%
Since Sep 1, 2021
CO-Denver
Primary Model

About This Property

Welcome to this well maintained bright and clean 5-bed/3-bath home, Entry way, living room and dining room with vaulted ceiling, Family room and living room with radiant floor heating system will keep your family extra warm in the winter, Kitchen remodeled with cherry wood cabinets and granite countertops, Large deck from dining room and kitchen is great for entertainment, Spacious master bedroom with full bath and walk-in closet, lower level family room and basement extra family room has access to the huge backyard, Roof replaced in 2019, New carpet, Oversized 2 car garage and extra detached 4 car garage, additional space for RV or Camper parking, Quiet neighborhood with NO HOA, Easy commute to I25.
Unit Size
2,736 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$327
Property Type
House
Property Taxes
$423
HOA Dues
-
Year Built
1976

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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: 3 months ago (REcolorado MLS #IRE9359058)

Price History

Date / Event Date Event Price
Aug 26, 2021 Sold
Premium
Sold
Jul 8, 2021 Listed $895,000
Listed
Feb 22, 2000 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 1
  • Basement Area: 648
  • Garage Type: 1
  • Garage Square Area: 576
  • Parking Space Count: 5
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,209
  • Total Building Area: 3,312
  • Gross Building Area: 3,312
  • Building Area: 2,736
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 2
  • Heating: 10
  • Heated Square Feet: 2,736
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MORTON HEIGHTS 4 - LGV
  • Land Acres: 0000000418
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 16 BLK 1 MORTON HEIGHTS 4

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013205

Zoning

  • Zoning: RR

Geography

  • Assessors Map Reference: B4-H
  • Account Number: R0057092
  • Parcel: R0057092
  • Block: 1
  • Lot: 16
  • Meridian: SEC 32 TWN 2N RNG 69
  • Municipality: NIWOT
  • Latitude: 40.0963
  • Longitude: -105.143

    Address

  • Full Address: 8983 Walker Rd
  • Address - House Number: 8983
  • Address - Street Name: Walker
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Niwot
  • Carrier Code: R017
  • 4-Digit Zip Code: 8688
  • Zip Code: 80503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $518,330
  • Tax Rate Code Area: 00-274

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: May 17, 2023
  • Confidence Score: 79
  • Final Value: 1,159,128
  • High Value: 1,351,397
  • Low Value: 966,860

    Market Valuation

  • Market Total Value: $1,081,000
  • Market Land Value: $353,500
  • Market Improvement Value: $727,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,129
  • Assessed Land Value: $23,914
  • Assessed Improvements Value: $49,215

    Sales

  • Current Sale Contract Date: Aug 23, 2021
  • Current Sale Recording Date: Aug 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3909659
  • Previous Sale Recording Date: Feb 22, 2000
  • Previous Sale Contract Date: Oct 15, 1999
  • Previous Sale Amount: $340,000
  • 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 Niwot

Stats & Trends

Median Asking:

$1,350,000

Sale Price/ft²

$424

Below Asking

0.02%

Average Days on Market

63

Average Home Size

4801 ft²

Average Home Age

39.4 years

Currently For Sale

32 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: Kelly Kim,
Last Updated: 3 months ago
Data Source: REcolorado MLS, MLS# IRE9359058
© 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 8983 Walker Road built and last sold?
The property at 8983 Walker Road was built in 1976 and last sold on Aug 23, 2021 for $870,000.
How much is this home worth?
The estimated value of the home located at 8983 Walker Road is $902,282.
What are some comparable homes to 8983 Walker Road?
There are currently no comparable homes to 8983 Walker Road.
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