NOT LISTED FOR SALE

Estimated Value: $424,480 - $544,000

1 Bed
3 Baths
2,160 Sq Ft
$220/Sq Ft Est. Value

Last Sold July 10, 2012

Last sale price $272,000 $126 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,705/month

88 Days on Market

Highlights

  • No HOA
  • Patio
  • Baseboard Heating
  • O'Dea Elementary School Rated A-
  • Forced Air Heating System
  • 4-minute walk to Spring Creek Trail

About This Home

As of July 2012

Great Opportunity**Run These Numbers On This Investment Property, Fully Rented, Tenants Pay All Utilities Except Trash, 5 Unit Property, Two 1 Bedrooms & Two Studios & One Commercial Unit, Great Location, Biking Distance To CSU, Appliances Included, Great Investment Opportunity, Buyer to Verify All Information Including But Not Limited To Income & Expense, School & Square Footage Information.

Last Agent to Sell the Property

Shawna Lowell

Dynamic Real Estate Services Listed on: 03/05/2012

Last Buyer's Agent

Crip Erickson

Enjoy Realty, LLC License #100000714

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,946

Year Built

  • Built in 1948

Lot Details

  • 7,780 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,160 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 3 Bathrooms

Outdoor Features

  • Patio

Schools

  • Laurel Elementary School
  • Lesher Middle School
  • Ft Collins High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer
  • Assessor Parcel Number R0111821

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Moran Subdivision

Building Details

  • Gross Income $28,956
  • Net Operating Income $25,010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,946

Year Built

Built in 1948

Lot Details

7,780 Sq Ft Lot

Listing Details

  • Year Built: 1948
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.18
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: MORAN
  • Directions: College Ave. East On Stuart To Property.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2160
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family, Commercial or Industrial
  • Private Spa: No
  • Appliances: Gas Range/Oven, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 1
  • Entry Location: Outside Entry
  • Interior Amenities: Outside Entry
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Level
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, City FC
  • Heating: Forced Air, Baseboard
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City FC
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Laurel
  • HighSchool: Ft Collins
  • Junior High Dist: Poudre
  • Middle Or Junior School: Lesher

Lot Info

  • Zoning: C
  • Lot Size Sq Ft: 7780
  • Parcel #: R0111821
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 2946

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 28956
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2012
Closed on
Jul 10, 2012
Sold by
101 East Stuart Llc
Bought by
105 E Stuart Llc
Seller's Agent
Shawna Lowell
Dynamic Real Estate Services
Buyer's Agent
Crip Erickson
Enjoy Realty, LLC
List Price
$289,900
Sold Price
$272,000
Premium/Discount to List
-$17,900
-6.17%
Current Estimated Value
$475,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,160
Avg. Annual Appreciation
4.18%

Purchase Details

Closed on
May 28, 2004
Sold by
Allo Janice M
Bought by
101 E Stuart Llc

Purchase Details

Closed on
Feb 6, 2003
Sold by
Mitzelfeld George R
Bought by
Allo Janice Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
5.9%

Purchase Details

Closed on
Oct 8, 1997
Sold by
Mitzelfeld Mary Bartlett
Bought by
Mitzelfeld George R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
105 E Stuart Llc $272,000 Fidelity National Title Insu
101 E Stuart Llc -- --
Allo Janice Mary $303,200 Empire Title & Escrow
Mitzelfeld George R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allo Janice Mary $228,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2021 06/07/21 Off Market $272,000 -- --
07/10/2012 07/10/12 Sold $272,000 -6.2% $126 / Sq Ft
06/10/2012 06/10/12 Pending -- -- --
03/05/2012 03/05/12 For Sale $289,900 -- $134 / 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 $3,089 $44,074 $9,016 $35,058
2024 $2,939 $44,251 $6,598 $37,653
2022 $4,407 $46,667 $5,324 $41,343
2021 $4,374 $47,151 $5,419 $41,732
2020 $3,064 $32,752 $9,293 $23,459
2019 $3,078 $32,752 $9,293 $23,459
2018 $2,673 $29,327 $9,334 $19,993
2017 $4,073 $44,842 $9,334 $35,508
2016 $3,085 $33,798 $9,951 $23,847
2015 $3,063 $33,800 $9,950 $23,850
2014 $2,826 $30,980 $9,950 $21,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE674834

IRES MLS

APN: 97242-25-002

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