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40 Magnolia Ct

Erie, CO 80516

4 bd 4 ba 3,415 sqft Built 2021 Lot 10,019 sqft single_family
Most recent sale
$663,637
Nov 19, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 4, 2024 Listed $849,990 REcolorado
Nov 19, 2021 Sold $663,637 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $40,050 $9,500 $49,550 $10,027
2024 $40,050 $9,500 $49,550 $8,916
2023 $40,120 $8,840 $48,960 $8,742
2022 $33,440 $7,300 $40,740 $7,581
2021 $8,180 $8,180 $1,512
2020 $1,230 $1,230 $226

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,415 sqft
Lot size
10,019 sqft
ZIP code
80516
City
Erie
Street
Magnolia Ct
Coordinates
40.04330, -105.02377

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,172
Gross rental yield
12.97%
Implied cap rate
8.43%
Trend-extrapolated value

Frequently asked questions

When did 40 Magnolia Ct last sell?
40 Magnolia Ct most recently sold on Nov 19, 2021 for $663,637.
What is the current tax assessment for 40 Magnolia Ct?
The most recent total assessment for 40 Magnolia Ct (year 2025) is $49,550 with $10,027 in property tax.
How does 40 Magnolia Ct's assessment compare to its last sale price?
The current assessment is 92.5% below the last sale price of $663,637.
When was 40 Magnolia Ct built?
40 Magnolia Ct was built in 2021.
How does 40 Magnolia Ct compare to others on Magnolia Ct?
We track 6 other properties on Magnolia Ct. Browse the list under "Other properties on Magnolia Ct" to compare beds, baths, and sale history.
What are the property facts for 40 Magnolia Ct?
40 Magnolia Ct is a 4 bed, 4 bath, 3,415 sqft, 10,019 sqft lot single_family.
Is 40 Magnolia Ct a flip candidate?
No — 40 Magnolia Ct does not appear in our flips dataset.
Is 40 Magnolia Ct a tax-appeal candidate?
No — 40 Magnolia Ct is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-5.0%
Implied 1-yr
-19.9%
2026 Q3
$641.4K
2026 Q4
$594.4K
ZIP 80516 — Median Price History + Forecast

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