4771 Cathy Ln Erie, CO 80516

3 beds · 2 baths · 1,698 sq ft · Lot Size: 109,771 sq ft · Single Family Home
Est. Property Value: $664,878

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4771 Cathy Ln is in the 80516 neighborhood of Erie, CO. It is located in Weld County and ZIP code 80516. This Single Family Home was built in 1990 and is approximately 35 years old. The single family home spans 1698 sq ft with 3 bedrooms and 2 bathrooms and sits on a 109771 sq ft lot. According to public records, it was last sold in 2024 for $1,170,000 and has a tax-assessed value of $837,792, which is $392 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 4771 Cathy Ln Erie, CO 80516 with Property Intel by Whitepages.

Owners & Occupancy for 4771 Cathy Ln

No contact information is available.

Occupancy

Resident 1********************** age 34
Resident 2*************** age 65

Property Financials for 4771 Cathy Ln

4771 Cathy Ln, Erie, CO has a mortgage from Synergy One Lndg (orig. February 21, 2024). The Weld county assessment for 2023 values it at $837,792, with annual taxes of $4,705.

Mortgage & Equity Information

Loan Amount$******
LenderSynergy One Lndg
Origination DateFebruary 21, 2024
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date**************
Equity View Equity

Property Tax

Purchase DateFebruary 23, 2024
Property Tax Amount$4,705 in 2023
Purchase Price$1,170,000
Assessed Value$837,792 on 2023

Investment Potential for 4771 Cathy Ln

The property has a current estimated value of $664,878, which is 17% above the zip median, based on public records. It last sold on February 23, 2024 for $1.17M. Projected long-term
is $37,200 annually ($3,100 per month) with a 98% occupancy rate.

Discover more Single Family Homes in 80516.

Long-Term

Gross Rental
$37,200 per year($3,100 per month)
Net Operating Income
Cap Rate
Occupancy Rate
98%in 80516 zip code
 
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Property Details for 4771 Cathy Ln

Property Details

Property Sq Ft

Living Area

1,698 sq ft

17% below market

Lot Size

109,771 sq ft

1563% above market

Price Per Sq Ft

Living Area

$392 / sq ft

43% above market

Lot Size Area

$6 / sq ft

93% below market

Property condition, age, exterior, etc. for 4771 Cathy…
Longitude: -105.020154 Latitude: 40.070108 Parcel Number (APN): R5694586…

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Discover more single family homes near 4771 Cathy Ln in Erie, 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 4771 Cathy Ln in Weld County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$664,878
$523,453
$141,424 (27%)
YoY Price Change
1.54%
-314%
Year Built
1990
1987
3 years
Living Space
1,698 sq ft
1,760 sq ft
-62 (-4%)
$ Per Living Sq Ft
$392
$295
$96 (33%)
Lot Size
109,771 sq ft
7,791 sq ft
101980 (1309%)
$ Per Lot Sq Ft
$6
$65
-$59 (-91%)

Net Operating Income
$22,911
-$212 (-1%)
Annual Revenue
$37,200
$34,200
$3,000 (9%)
$11,015
$3,486 (32%)
Net Operating Income
$22,911
-$212 (-1%)
Cap Rate
4.33%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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