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Lafayette 80026
950 Mercury Drive
$660,000
● House - Off Market

950 Mercury Drive

Lafayette, CO 80026
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
1,525 Ft²
$635,360
RealtyHop Estimate
-2.25%
Since Jun 1, 2023
CO-Denver
Primary Model

About This Property

Hurry to see this impeccably maintained 4 bedroom home offering an open floor plan and great southern exposure. Features include gleaming wood floors, open kitchen/family room, wood burning fireplace and a large patio for your year around pleasure! You will enjoy all this home has to offer including the close proximity to neighborhood schools and shopping. Don't miss the convenience of the main floor  1/2 bath and it's only 12 miles to the Laughing Goat!
Unit Size
1,525 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$426
Property Type
House
Property Taxes
$238
HOA Dues
$50
Year Built
1987

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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 years ago (REcolorado MLS #RECIR985915)

Price History

Date / Event Date Event Price
May 22, 2023 Sold
Premium
Sold
Apr 20, 2023 Listed by RE/MAX of Boulder, Inc $650,000
Listed by RE/MAX of Boulder, Inc
Sep 1, 2017 Sold
Premium
Sold
May 25, 2007 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 16
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 336
  • Garage Type: 1
  • Garage Square Area: 382
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,329
  • Total Building Area: 2,044
  • Gross Building Area: 2,044
  • Building Area: 1,662
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,662
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HEARTHWOOD 2 - LA
  • Land Acres: 0000000076
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 24 BLK 7 HEARTHWOOD 2

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012904

Geography

  • Assessors Map Reference: B21-M
  • Account Number: R0103228
  • Parcel: R0103228
  • Block: 7
  • Lot: 24
  • Meridian: SEC 03 TWN 1S RNG 69
  • Municipality: LAFAYETTE
  • Latitude: 39.9891
  • Longitude: -105.101

    Address

  • Full Address: 950 Mercury Dr
  • Address - House Number: 950
  • Address - Street Name: Mercury
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Lafayette
  • Carrier Code: C010
  • 4-Digit Zip Code: 2768
  • Zip Code: 80026

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $285,554
  • Tax Rate Code Area: 00-110

    Appraisal Valuation

  • Standard Deviation: 0.1684
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 78
  • Final Value: 662,065
  • High Value: 773,573
  • Low Value: 550,557

    Market Valuation

  • Market Total Value: $629,400
  • Market Land Value: $171,100
  • Market Improvement Value: $458,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,579
  • Assessed Land Value: $11,575
  • Assessed Improvements Value: $31,004

    Sales

  • Current Sale Contract Date: May 17, 2023
  • Current Sale Recording Date: May 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 4007957
  • Previous Sale Recording Date: Sep 01, 2017
  • Previous Sale Contract Date: Aug 31, 2017
  • Previous Sale Amount: $442,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Lafayette

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$351

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2111 ft²

Average Home Age

31 years

Currently For Sale

134 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 950 Mercury Drive built and last sold?
The property at 950 Mercury Drive was built in 1987 and last sold on May 17, 2023 for $660,000.
How much is this home worth?
The estimated value of the home located at 950 Mercury Drive is $0.
What are some comparable homes to 950 Mercury Drive?
There are currently no comparable homes to 950 Mercury Drive.
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