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5240 2nd Ave

Timnath, CO 80547

4 bd 3 ba 3,355 sqft Built 2021 Lot 5,597 sqft single_family
Most recent sale
$588,221
Jul 26, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 2, 2024 Listing removed $650,000 IRES
May 30, 2024 Listed for rent $3,300 Avail
Nov 1, 2022 Listed for rent $2,800 Zumper
Oct 3, 2022 Price changed $650,000 MLS #975938
Sep 22, 2022 Listed $675,000 MLS #975938
Jul 26, 2021 Sold $588,221 MLS #933113
Dec 3, 2020 Sold $228,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $29,769 $9,206 $38,975 $7,096
2024 $29,769 $9,206 $38,975 $6,142
2023 $29,949 $10,465 $40,414 $6,140
2022 $23,797 $7,680 $31,477 $4,882
2021 $24,853 $24,853 $3,784
2020 $4,121 $4,121 $631
2019 $23 $23 $9

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,355 sqft
Lot size
5,597 sqft
ZIP code
80547
City
Timnath
Street
2nd Ave
Coordinates
40.52705, -104.98147

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,046
Gross rental yield
14.37%
Implied cap rate
9.34%
Trend-extrapolated value

Frequently asked questions

When did 5240 2nd Ave last sell?
5240 2nd Ave most recently sold on Jul 26, 2021 for $588,221.
What is the current tax assessment for 5240 2nd Ave?
The most recent total assessment for 5240 2nd Ave (year 2025) is $38,975 with $7,096 in property tax.
How does 5240 2nd Ave's assessment compare to its last sale price?
The current assessment is 93.4% below the last sale price of $588,221.
When was 5240 2nd Ave built?
5240 2nd Ave was built in 2021.
How does 5240 2nd Ave compare to others on 2nd Ave?
We track 7 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 5240 2nd Ave?
5240 2nd Ave is a 4 bed, 3 bath, 3,355 sqft, 5,597 sqft lot single_family.
Is 5240 2nd Ave a flip candidate?
Yes — 5240 2nd Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5240 2nd Ave a tax-appeal candidate?
No — 5240 2nd Ave 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
+1.9%
Implied 1-yr
+7.6%
2026 Q3
$964K
2026 Q4
$980.2K
ZIP 80547 — Median Price History + Forecast

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