NOT LISTED FOR SALE

1108 Maple St Fort Collins, CO 80521

Estimated Value: $602,247 - $765,000

6 Beds
2 Baths
2,392 Sq Ft
$278/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $599,999 $251 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,922/month

5 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • High Speed Internet
  • Outdoor Storage
  • Baseboard Heating
  • South Facing Home

About This Home

As of December 2022

RARE Old Town Investment Opportunity! Don't miss your chance to own this over-under 1960's duplex with 3 bedrooms in both units. Since purchasing in 2018 the seller has replaced the roof, siding, windows, flooring, interior paint, lawn sprinkler system, and exterior fencing. That's not all... The basement unit kitchen was completely remodeled and basement unit bathroom updated in 2022. Plug right into a great investment with both units leased through July 31st, 2023. Early termination is possible for owner occupant buyers. This amazing property is in close proximity to Old Town, Horsetooth Reservoir and the CSU Campus, and is within minutes of Fort Collins newest hotspots - Little on Mountain, Stodgy Brewing and the Fox Den Cafe. Property sits within Fort Collins' primary short term rental zone. Seller is looking to close prior to the end of the year!

Last Agent to Sell the Property

Steven Shafer

The Crisafulli Group Listed on: 12/08/2022

Last Buyer's Agent

Scott Adams

Mountain West Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,110

Year Built

  • Built in 1965

Lot Details

  • 4,500 Sq Ft Lot
  • South Facing Home
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,392 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Basement Fills Entire Space Under The House
  • Radon Detector

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Schools

  • Putnam Elementary School
  • Lincoln Middle School
  • Poudre High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R0016012

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Tennyson Heights Subdivision

Building Details

  • Gross Income $41,952
  • Net Operating Income $41,952

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,110

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Year Built: 1965
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.1
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: RTSRE
  • Subdivision Name: Tennyson Heights
  • Directions: From Laporte Avenue and S Shields Street. Drive North on S Shields Street and turn left on Maple Street. Head West on Maple Street and 1108 Maple will be on the right.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2392
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Accessibility Features: Level Lot
  • Has Basement: Full, Built-In Radon
  • Total Bedrooms: 6
  • Interior Amenities: High Speed Internet
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Lawn Sprinkler System
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Direction Faces: South
  • Exterior Features: Lighting
  • Other Structures: Storage
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, XCEL
  • Heating: Forced Air, Baseboard
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of FTC
  • Gas Company: Natural Gas, XCEL

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Putnam
  • HighSchool: Poudre
  • Junior High Dist: Poudre
  • Middle Or Junior School: Lincoln

Lot Info

  • Zoning: NCM
  • Lot Size Sq Ft: 4500
  • Parcel #: R0016012
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3109.79

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 41952

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2022
Closed on
Dec 30, 2022
Sold by
Gregg Cody J
Bought by
Palm David B and Palm Marcy J
Seller's Agent
Steven Shafer
The Crisafulli Group
Buyer's Agent
Scott Adams
Mountain West Real Estate
List Price
$599,999
Sold Price
$599,999
Views
25
Current Estimated Value
$662,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,986
Avg. Annual Appreciation
3.69%
Original Mortgage
$419,999
Outstanding Balance
$408,830
Interest Rate
6.42%
Estimated Equity
$250,758

Purchase Details

Closed on
Aug 26, 2019
Sold by
Gregg Cody J
Bought by
Gregg Cody J and Gregg Bradee K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,630
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Listed on
May 25, 2018
Closed on
Jul 13, 2018
Sold by
Olsen Eric B and Olsen Lisa V
Bought by
Gregg Cody J
Seller's Agent
Kari Olsen
RE/MAX Alliance-FTC South
Buyer's Agent
Rob Crouch
Roots Real Estate
List Price
$399,900
Sold Price
$415,000
Premium/Discount to List
$15,100
3.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$407,483
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 2004
Sold by
Snr Management Llc
Bought by
Olsen Eric B and Olsen Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2004
Sold by
Eichenberger Properties Llc
Bought by
Snr Management Llc

Purchase Details

Closed on
Aug 7, 2003
Sold by
Eichenberger Douglas G and Eichenberger Calla B
Bought by
Eichenberger Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2003
Sold by
Eichenberger Properties Llc
Bought by
Eichenberger Douglas G and Eichenberger Calla B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1999
Sold by
Eichenberger Douglas G and Eichenberger Calla B
Bought by
Eichenberger Properties Llc

Purchase Details

Closed on
Jul 1, 1999
Sold by
Johnson Drake
Bought by
Eichenberger Douglas G and Eichenberger Calla B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.21%

Purchase Details

Closed on
Jan 1, 1996
Sold by
Griffith Daniel T
Bought by
Johnson Drake
Source: Public Records

Range of Values:

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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
Palm David B $599,999 --
Gregg Cody J -- None Available
Gregg Cody J $415,000 First American Title
Olsen Eric B $210,000 Security Title
Snr Management Llc -- --
Eichenberger Properties Llc -- --
Eichenberger Douglas G -- --
Eichenberger Properties Llc -- --
Eichenberger Douglas G $180,000 --
Johnson Drake $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palm David B $419,999
Previous Owner Gregg Cody J $397,093
Previous Owner Gregg Cody J $403,630
Previous Owner Gregg Cody J $407,483
Previous Owner Olsen Eric B $150,000
Previous Owner Olsen Eric B $152,500
Previous Owner Olsen Eric B $157,500
Previous Owner Eichenberger Douglas G $139,500
Previous Owner Eichenberger Douglas G $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $599,999 0.0% $251 / Sq Ft
12/13/2022 12/13/22 Pending -- -- --
12/08/2022 12/08/22 For Sale $599,999 +44.6% $251 / Sq Ft
10/11/2019 10/11/19 Off Market $415,000 -- --
07/13/2018 07/13/18 Sold $415,000 +3.8% $173 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $399,900 -- $167 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

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 $3,503 $40,193 $2,345 $37,848
2024 $3,333 $40,193 $2,345 $37,848
2022 $3,011 $31,885 $2,380 $29,505
2021 $3,110 $33,527 $2,503 $31,024
2020 $2,879 $30,774 $2,503 $28,271
2019 $2,892 $30,774 $2,503 $28,271
2018 $2,404 $26,374 $2,520 $23,854
2017 $2,396 $26,374 $2,520 $23,854
2016 $1,769 $19,375 $2,786 $16,589
2015 $1,756 $19,380 $2,790 $16,590
2014 $1,459 $16,000 $2,790 $13,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 979614

IRES MLS

APN: 97101-09-015