Seller's Agent in 2020
Mike Malvey
Group Centerra
(970) 420-7235
1 in this area
93 Total Sales
1018 Tierra Ln Unit B Fort Collins, CO 80521
P.O.E.T. NeighborhoodEstimated Value: $382,000 - $413,000
3
Beds
3.5
Baths
1,531
Sq Ft
$263/Sq Ft
Est. Value
Highlights
- Spa
- Open Floorplan
- Private Yard
- Rocky Mountain High School Rated A-
- Cathedral Ceiling
- 1 Car Attached Garage
About This Home
As of August 2020Townhome style condo w/fenced yard. Just 3 miles west of CSU on busline. All 3 bedrooms have their own private bathroom/shower plus a half bath on the main. Finished basement w/large open concept bedroom. 1 car attached garage & driveway big enough for 2 vehicles. Great investment or owner occupant. Exterior painted in 2017. Central air, washer/dryer included. Please view the virtual tour w/floorplan, & video. Licensed owner, longtime rental w/great rental history, never vacant. Non-owner ratios are above 50% so check with lender on financing, will likely require 25% down for investor through conventional lender, 20% for portfolio lender; possibly 10% for an owner occupant. A new owner could close anytime in June, for example, collect rent through July 31 then move in by Aug 1 when their 1st mortgage payment would be due so potential to earn money with an early closing before 1st payment is due! Seller will be doing a 1031 Exchange.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,016
Year Built
- Built in 1998
Lot Details
- 3,000 Sq Ft Lot
- West Facing Home
- Wood Fence
- Sprinkler System
- Private Yard
HOA Fees
- $240 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
Home Design
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 1,531 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Cathedral Ceiling
- Double Pane Windows
- Window Treatments
- Family Room
- Dining Room
Kitchen
- Electric Oven or Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Spa
- Patio
Schools
- Bauder Elementary School
- Blevins Middle School
- Rocky Mountain High School
Utilities
- Forced Air Heating and Cooling System
- High Speed Internet
- Cable TV Available
Community Details
- Association fees include trash, utilities, maintenance structure
- Elizabeth At Overland Trail Condos Subdivision
Listing and Financial Details
- Assessor Parcel Number R1586597
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2020
Closed on
Aug 7, 2020
Sold by
Malvey Michael and Malvey Michelle
Bought by
Mann Lauren A
Seller's Agent
Mike Malvey
Group Centerra
Buyer's Agent
Angie Spangler
RE/MAX Alliance-FTC Dwtn
List Price
$310,000
Sold Price
$302,000
Premium/Discount to List
-$8,000
-2.58%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,387
Avg. Annual Appreciation
5.86%
Original Mortgage
$282,000
Outstanding Balance
$251,725
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$151,662
Purchase Details
Closed on
Jun 13, 2003
Sold by
Garland J Leonard and Garland Marsha J
Bought by
Malvey Michael and Malvey Michelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 30, 2000
Sold by
Torres Salvador P and Torres Emily G
Bought by
Wolfe Geoffrey L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
8.66%
Purchase Details
Closed on
Nov 8, 1999
Sold by
Lopez Harold C Meredith L
Bought by
Garland J Leonard and Garland Marsha J
Purchase Details
Closed on
Jun 1, 1998
Sold by
Wolfe Geoffrey L
Bought by
Lopez Harold C and Lopez Meredith L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,200
Interest Rate
7.2%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mann Lauren A | $302,000 | Guaranteed Title Group Llc | |
| Malvey Michael | $175,000 | Stewart Title Of Larimer Cou | |
| Wolfe Geoffrey L | $135,000 | -- | |
| Garland J Leonard | $126,250 | Stewart Title | |
| Lopez Harold C | $108,400 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mann Lauren A | $282,000 | |
| Previous Owner | Malvey Michael | $223,500 | |
| Previous Owner | Malvey Michael | $125,114 | |
| Previous Owner | Malvey Michelle | $30,000 | |
| Previous Owner | Malvey Michael | $140,000 | |
| Previous Owner | Wolfe Geoffrey L | $101,250 | |
| Previous Owner | Lopez Harold C | $105,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/05/2021 11/05/21 | Off Market | $302,000 | -- | -- |
| 08/07/2020 08/07/20 | Sold | $302,000 | -2.6% | $197 / Sq Ft |
| 05/08/2020 05/08/20 | For Sale | $310,000 | -- | $202 / Sq Ft |
Source: IRES MLS
Tax History Compared to Growth
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 | $2,115 | $25,728 | $1,534 | $24,194 |
| 2024 | $2,012 | $25,728 | $1,534 | $24,194 |
| 2022 | $1,882 | $19,933 | $1,592 | $18,341 |
| 2021 | $1,902 | $20,506 | $1,637 | $18,869 |
| 2020 | $2,007 | $21,450 | $1,637 | $19,813 |
| 2019 | $2,016 | $21,450 | $1,637 | $19,813 |
| 2018 | $1,713 | $18,799 | $1,649 | $17,150 |
| 2017 | $1,707 | $18,799 | $1,649 | $17,150 |
| 2016 | $1,427 | $15,626 | $1,823 | $13,803 |
| 2015 | $1,416 | $15,620 | $1,820 | $13,800 |
| 2014 | $1,182 | $12,960 | $1,820 | $11,140 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Malvey
-
Angie Spangler
Buyer's Agent in 2020
Angie Spangler
RE/MAX
(970) 402-6430
2 in this area
137 Total Sales
Map
Source: IRES MLS
MLS Number: 911222
APN: 97163-74-002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed by the MLS.
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