NOT LISTED FOR SALE

1002 Ram Ave Fort Morgan, CO 80701

4 Beds
2 Baths
1,768 Sq Ft
8,276 Sq Ft Lot

Sale Details

Date Sold: August 30, 2024

Last sale price $330,000 $187 Per Sq Ft

91 Days on Market

Highlights

  • City View
  • No HOA
  • Brick Veneer
  • Corner Lot
  • Eat-In Kitchen
  • Air Conditioning

About This Home

As of August 2024

This well maintained duplex is ready for its next owner. Located at 1002 & 1006 Ram Ave., Fort Morgan, Co. The property is in great condition and has recently underwent a complete remodel on one half. 1006 Ram has had the following completed: all new bathroom (tub, vanity, sink, toilet, flooring, fixtures and tile), all new kitchen (soft close wood cabinets, flooring, sink, fixtures, countertops, appliances), new flooring throughout (LVT in every room except the two bedrooms which have new carpet), new doors inside and out, remodeled laundry room (doors, shelving and new washer and dryer). 1002 Ram is in great condition but has not had modern updates completed. The sewer line from the house to the main was replaced in 2023. Cement work will be completed before closing to remove and replace back patio area for proper grading. The tenants pay ALL their own utilities (water, sewer, trash, electric) as the water and electricity are all metered individually. The yard features a sprinkler system that is metered separately and paid by the owners. The current rents are currently much lower than average market rents in the area. Tenants are on month to month leases. One property owner, Kristin Lindsey, is a Licensed Real Estate Agent in the State of Colorado. Photos of the interior of 1006 Ram were taken while it was vacant. To protect the tenants privacy more interior pictures of 1002 Ram are available upon request.

Last Agent to Sell the Property

Kristin Lindsey

Kristin Lindsey License #100050244 Listed on: 05/31/2024

Last Buyer's Agent

Adam Walter

CENTURY 21 Cornerstone License #100025067

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,826

Year Built

  • Built in 1978

Lot Details

  • 8,400 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Sprinkler System

Parking

  • Alley Access

Home Design

  • Duplex
  • Brick Veneer
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 1,768 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • City Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Low Pile Carpeting

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Storage

Schools

  • Fort Morgan Elementary And Middle School
  • Fort Morgan High School

Utilities

  • Air Conditioning
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity, water, sewer
  • Assessor Parcel Number 122908240001

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Sunny Heights 2Nd Add Subdivision

Building Details

  • Gross Income $24,600
  • Net Operating Income $20,174

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,826

Year Built

Built in 1978

Lot Details

8,400 Sq Ft Lot

Listing Details

  • Year Built: 1978
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.19
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: SUNNY HEIGHTS 2ND ADD
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1768
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
  • Accessibility Features: Level Lot, Low Carpet, Main Floor Bath
  • Has Basement: None
  • Total Bedrooms: 4
  • Interior Amenities: Eat-in Kitchen
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Lawn Sprinkler System, Corner Lot
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Exterior Features: Lighting
  • Other Structures: Storage
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, City of FM
  • Heating: Baseboard
  • Utilities: Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Fort Morgan

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Fort Morgan
  • HighSchool: Fort Morgan
  • Junior High Dist: Fort Morgan RE-3
  • Middle Or Junior School: Fort Morgan

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 8400
  • Parcel #: 122908240001
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity, Water, Sewer

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1825.64

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24600
  • Income Includes: ["Lease/Rents"]
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Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $330,000 -2.7% $187 / Sq Ft
07/16/2024 07/16/24 Price Changed $339,000 -1.7% $192 / Sq Ft
05/31/2024 05/31/24 For Sale $345,000 -- $195 / Sq Ft
Source: IRES MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,165 $25,700 $2,780 $22,920
2024 $2,165 $18,470 $2,490 $15,980
2023 $1,479 $22,150 $2,980 $19,170
2022 $1,363 $16,630 $2,860 $13,770
2021 $1,434 $17,480 $3,000 $14,480
2020 $1,100 $13,050 $2,860 $10,190
2019 $2,204 $13,050 $2,860 $10,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE1010932

IRES MLS
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