7841 2nd St Wellington, CO 80549

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2 beds · 1 bath · 1,008 sq ft · Lot Size: 7,639 sq ft · Single Family Home
Est. Property Value: $326,252

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7841 2nd St is in the 80549 neighborhood of Wellington, CO. It is located in Larimer County and ZIP code 80549. This Single Family Home was built in 1974 and is approximately 51 years old. The single family home spans 1008 sq ft with 2 bedrooms and 1 bathroom and sits on a 7639 sq ft lot. According to public records, it was sold for $21,300 and has a tax-assessed value of $377,000, which is $324 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 7841 2nd St Wellington, CO 80549 with Property Intel by Whitepages.

Owners & Occupancy for 7841 2nd St

This property is owned by Ralph E Cortez. Owner contact information includes 11 phone numbers and 5 email addresses.

Property Owners

Cell Phone(970) ***-****View Cell Phone
Residence**************
Landline(970) 568-7043
Distance from Property**********
Email Address*************@gmail.comView Email
Cell Phone(970) ***-****View Cell Phone
Residence**************
Landline(970) 568-3670
Distance from Property**********
Email Address***********@yahoo.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1************* age 95

Property Financials for 7841 2nd St

7841 2nd St, Wellington, CO has a mortgage (orig. August 31, 2022). The Larimer county assessment for 2023 values it at $377,000, with annual taxes of $1,576.

Mortgage & Equity Information

Loan Amount$******
Origination DateAugust 31, 2022
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date****************
Equity View Equity

Property Tax

Property Tax Amount$1,576 in 2023
Purchase Price$21,300
Assessed Value$377,000 on 2023

Investment Potential for 7841 2nd St

The property has a current estimated value of $326,252, which is 10% below the zip median, based on public records. It last sold for $21,300. Projected long-term
is $33,000 annually ($2,750 per month) with a 97% occupancy rate.

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Long-Term

Gross Rental
$33,000 per year($2,750 per month)
Net Operating Income
Cap Rate
Occupancy Rate
97%in 80549 zip code
 
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Property Details for 7841 2nd St

Property Details

Property Sq Ft

Living Area

1,008 sq ft

15% below market

Lot Size

7,639 sq ft

1% below market

Price Per Sq Ft

Living Area

$324 / sq ft

3% above market

Lot Size Area

$43 / sq ft

5% below market

Property condition, age, exterior, etc. for 7841 2nd S…
Longitude: -105.006845 Latitude: 40.698674 Parcel Number (APN): R0291048…

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Discover more single family homes near 7841 2nd St in Wellington, Colorado. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 7841 2nd St in Larimer County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$326,252
$438,238
-$111,987 (-26%)
YoY Price Change
1.45%
-162%
Year Built
1974
1974
0 years
Living Space
1,008 sq ft
1,295 sq ft
-287 (-22%)
$ Per Living Sq Ft
$324
$325
-$1 (0%)
Lot Size
7,639 sq ft
6,500 sq ft
1139 (18%)
$ Per Lot Sq Ft
$43
$67
-$24 (-36%)

Net Operating Income
$22,165
$2,462 (11%)
Annual Revenue
$33,000
$32,400
$600 (2%)
$9,409
-$1,036 (-11%)
Net Operating Income
$22,165
$2,462 (11%)
Cap Rate
4.91%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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