3278 Iron Horse Way Wellington, CO 80549

3 beds · 2 baths · 2,048 sq ft · Lot Size: 6,500 sq ft · Single Family Home
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3278 Iron Horse Way 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 2005 and is approximately 20 years old. The single family home spans 2048 sq ft with 3 bedrooms and 2 bathrooms and sits on a 6500 sq ft lot. According to public records, it was last sold in 2016 for $320,000. Analyze and compare real estate investment strategies for properties like this home at 3278 Iron Horse Way Wellington, CO 80549 with Property Intel by Whitepages.

Investment Potential for 3278 Iron Horse Way

The property has a current estimated value of $477,451, which is 1% above the zip median, based on public records. It last sold on June 22, 2016 for $320K. Projected long-term
is $35,400 annually ($2,950 per month) with a 97% occupancy rate.

Long-Term

Gross Rental
$35,400 per year($2,950 per month)
Net Operating Income
Cap Rate
Occupancy Rate
97%in 80549 zip code
 
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Owners & Occupancy for 3278 Iron Horse Way

This property is owned by Jeremey Wayne Lytle. Owner contact information includes 8 phone numbers and 4 email addresses.

Property Owners

Cell Phone(970) ***-****
Residence**************
Distance from Property**********
Email Address***********@gmail.com

Property Ownership Information

Purchase DateJune 22, 2016
Property Tax Amount$3,129 in 2023
Purchase Price$320,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1**************** age 66
Resident 2******************* age 50
Resident 3***************** age 40

Property Details for 3278 Iron Horse Way

Property Details

Property Sq Ft

Living Area

2,048 sq ft

Compare to 80549

Lot Size

6,500 sq ft

Compare to 80549

Price Per Sq Ft

Living Area

$233 / sq ft

Compare to 80549

Lot Size Area

$73 / sq ft

Compare to 80549
Property condition, age, exterior, etc. for 3278 Iron …
Longitude: -105.015969 Latitude: 40.718206 Parcel Number (APN): R1635873…
Mortgage originated on through lender: American Financing Corp for$******View Mortgage Details
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Market Benchmarks

Compare data for 3278 Iron Horse Way in Larimer County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$477,451
$555,682
-$78,231 (-14%)
$652,673
-$87,438 (-13%)
YoY Price Change
1.54%
-184%
Year Built
2005
1987
18 years
Living Space
2,048 sq ft
1,760 sq ft
288 (16%)
$ Per Living Sq Ft
$233
$312
-$79 (-25%)
Lot Size
6,500 sq ft
7,791 sq ft
-1291 (-17%)
$ Per Lot Sq Ft
$73
$74
-$1 (-1%)

Net Operating Income
$24,336
-$272 (-1%)
Annual Revenue
$35,400
$34,800
$600 (2%)
$9,947
$1,389 (14%)
Net Operating Income
$24,336
-$272 (-1%)
Cap Rate
4.16%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians