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Gilpin 80422
971 Mountain Meadows Dr
$360,000
● House - Off Market

971 Mountain Meadows Dr

Black Hawk, CO 80422
bedrooms
2 Beds
bathrooms
1 Bath
square feet
864 Ft²
$342,938
RealtyHop Estimate
-2.02%
Since Sep 1, 2023
CO-Denver
Primary Model

About This Property

Discover 971 Mountain Meadows Dr, nestled in the tranquil town of Black Hawk, CO. This charming property sits on 0.9 acres, with 2 bedrooms and 1 bathroom, there's plenty of room for updates and customization. Embrace the opportunity to create your perfect sanctuary. Surrounded by nature's beauty, this property presents endless possibilities. Don't miss the chance to transform 971 Mountain Meadows Dr into your ideal retreat. Contact us now to explore the potential! And if you are looking to add some more land that is side by side and has a 4 car garage, make sure to check out 20 Meadow Way. (MLS# 7271141)
Unit Size
864 Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$405
Property Type
House
Property Taxes
$88
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: 12 months ago (REcolorado MLS #5459109)

Price History

Date / Event Date Event Price
Aug 28, 2023 Sold
Premium
Sold
Jul 25, 2023 Listed by Keller Williams Realty Downtown LLC $350,000
Listed by Keller Williams Realty Downtown LLC

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,204
  • Total Building Area: 864
  • Gross Building Area: 1,228
  • Building Area: 864
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 864
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WHEELERS
  • Land Acres: 0000000900
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: S: 8 T: 2S R: 72W SUBD: WHEELERS LOT: 030 & IMPS

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 013801

Geography

  • Account Number: R005183
  • Parcel: 1711-081-01-061
  • Lot: 30
  • Meridian: SEC 08 TWN 02S RNG 72W
  • Municipality: TAX AREA 58-HIGH CTY
  • Latitude: 39.8939
  • Longitude: -105.469

    Address

  • Full Address: 971 Mountain Meadows Dr
  • Address - House Number: 971
  • Address - Street Name: Mountain Meadows
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Black Hawk
  • Carrier Code: R003
  • 4-Digit Zip Code: 4529
  • Zip Code: 80422

Valuation

    Tax

  • Total Area: 864
  • Tax Year: 2023
  • Tax Amount: $108,500
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 58

    Appraisal Valuation

  • Standard Deviation: 0.2101
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 380,679
  • High Value: 460,693
  • Low Value: 300,664

    Market Valuation

  • Market Total Value: $208,470
  • Market Land Value: $40,000
  • Market Improvement Value: $168,470

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,490
  • Assessed Land Value: $2,780
  • Assessed Improvements Value: $11,710

    Sales

  • Current Sale Contract Date: Aug 24, 2023
  • Current Sale Recording Date: Aug 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 175038
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 Gilpin

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$321

Below Asking

0.03%

Average Days on Market

71

Average Home Size

2378 ft²

Average Home Age

44.3 years

Currently For Sale

105 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: Matthew Gallegos, Keller Williams Realty Downtown LLC
Last Updated: 12 months ago
Data Source: REcolorado MLS, MLS# 5459109
© 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 971 Mountain Meadows Drive built and last sold?
The property at 971 Mountain Meadows Drive was built in 1964 and last sold on Aug 24, 2023 for $360,000.
How much is this home worth?
The estimated value of the home located at 971 Mountain Meadows Drive is $351,995.
What are some comparable homes to 971 Mountain Meadows Drive?
There are currently no comparable homes to 971 Mountain Meadows Drive.
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