NOT LISTED FOR SALE

1109 W Harmony Rd Fort Collins, CO 80526

Estimated Value: $2,400,313

4.96 Acres
$483,934 Price per Acre
216,058 Sq Ft Lot

Last Sold December 12, 2019

Last sale price $1,400,000 $476 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $15,377/month

166 Days on Market

About This Lot

As of December 2019

This 5-acre parcel is directly across the street from Front Range Community College on the south side of Fort Collins. There is 1 single-family residence on the property, as well as a couple of small out-buildings. The property is highly valued for redevelopment and is zoned LMN, low density mixed-use neighborhood district. This is a perfect development opportunity. The intersection of Harmony & Shields sees 33,453 vehicles per day.2 parcels on property can be bought separately at 800k & 900k

Last Agent to Sell the Property

Travis Ackerman

Cushman Wakefield Listed on: 08/01/2018

Co-Listed By

Nate Heckel

Cushman Wakefield

Last Buyer's Agent

Travis Ackerman

Cushman Wakefield Listed on: 08/01/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,136

Lot Details

  • 4.96 Acre Lot
  • Property is zoned LMN

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R0201324

Property Details

Property Type

Land

Est. Annual Taxes

$6,136

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 4.96
  • Co List Office Mls Id: 0FCOM
  • Subdivision Name: N/A
  • IRESDS_HasWaterRights: No
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Waterfront: No

Utilities

  • Sewer: City Sewer
  • Water Source: City Water, Ft Collins-Lov Water

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Zoning: LMN
  • Lot Size Sq Ft: 216180
  • Parcel #: R0201324
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6136

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Dec 12, 2019
Sold by
Brophy Mark Joseph and Brophy Mary Whitley
Bought by
Fort Collins Montessori School Bldg Corp
Seller's Agent
Travis Ackerman
Cushman Wakefield
Buyer's Agent
Travis Ackerman
Cushman Wakefield
List Price
$1,500,000
Sold Price
$1,400,000
Premium/Discount to List
-$100,000
-6.67%
Current Estimated Value
$2,400,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,000,313
Avg. Annual Appreciation
9.41%

Purchase Details

Closed on
Sep 30, 1996
Sold by
Gress Alice O
Bought by
Brophy Mark Joseph and Brophy Mary Whitley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.91%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 27, 1996
Sold by
A O Gress & Co
Bought by
Gress Alice O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.91%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fort Collins Montessori School Bldg Corp $1,400,000 Fidelity National Title
Brophy Mark Joseph $620,000 --
Gress Alice O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fort Collins Montessori School $18,000,000
Previous Owner Brophy Mark Joseph $500,000
Previous Owner Brophy Mark Joseph $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2020 03/12/20 Off Market $1,400,000 -- --
12/12/2019 12/12/19 Sold $1,400,000 -6.7% $476 / Sq Ft
08/01/2018 08/01/18 For Sale $1,500,000 -- $510 / 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 -- $169,632 $23,994 $145,638
2024 -- $169,632 $23,994 $145,638
2022 $6,529 $252,445 $24,940 $227,505
2021 $6,529 $256,215 $24,940 $231,275
2020 $6,529 $68,318 $6,149 $62,169
2019 $5,868 $68,318 $6,149 $62,169
2018 $6,157 $66,463 $6,192 $60,271
2017 $6,136 $66,463 $6,192 $60,271
2016 $4,848 $52,250 $6,846 $45,404
2015 $4,814 $52,250 $6,850 $45,400
2014 $4,483 $48,350 $6,850 $41,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 858038

IRES MLS

APN: 96031-19-901