Joseph Penta
Penta Homes
(970) 545-7734
63 Total Sales
2 in P.O.E.T.
$405K - $483K Price Range
1113 Cypress Dr Fort Collins, CO 80521
P.O.E.T. NeighborhoodEstimated Value: $532,400 - $842,000
5
Beds
2
Baths
1,793
Sq Ft
$380/Sq Ft
Est. Value
Highlights
- No HOA
- Brick Veneer
- Forced Air Heating System
- Rocky Mountain High School Rated A-
- Patio
- Satellite Dish
About This Home
As of October 2020Have you been waiting for a multifamily opportunity? Well here is one close to CSU, a zero vacancy history, and numbers that make this a unique investment in west Fort Collins. This duplex features a newer roof, updates in both units, and a location that can't be beat. Gross rents of $2895 (plus chargebacks for utilities) deliver a cap rate of just above 6% based on real maintenance and upkeep costs. Remodeled bathroom in one unit, as well as some new flooring, this property has been well maintained and is ready for your investment portfolio!
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,870
Year Built
- Built in 1968
Lot Details
- 7,591 Sq Ft Lot
- Fenced
- Level Lot
Home Design
- Brick Veneer
- Composition Roof
Interior Spaces
- 1,793 Sq Ft Home
- 1-Story Property
- Window Treatments
- Crawl Space
Kitchen
- Electric Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
Schools
- Bauder Elementary School
- Blevins Middle School
- Rocky Mountain High School
Utilities
- Forced Air Heating System
- Propane
- Satellite Dish
- Cable TV Available
Listing and Financial Details
- Tenant pays for deposit, gas, electricity
- Assessor Parcel Number R0171832
Community Details
Overview
- No Home Owners Association
- 2 Units
- Elliott Miller Subdivision
Building Details
- Gross Income $36,420
- Net Operating Income $31,950
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 16, 2025
Sold by
Cedar Real Estate Llc
Bought by
Current Estimated Value
Purchase Details
Listed on
Sep 9, 2020
Closed on
Oct 15, 2020
Sold by
1113 Llc
Bought by
Cedar Real Estate Llc
Seller's Agent
Paul Hunter
Group Mulberry
Buyer's Agent
Kathy Arents
Group Mulberry
List Price
$498,000
Sold Price
$510,000
Premium/Discount to List
$12,000
2.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%
Purchase Details
Closed on
Mar 24, 2005
Sold by
Bolin Kevin A and Bolin Barbara E
Bought by
Winsted John Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jan 30, 2002
Sold by
Peterson Barbara E and Bolin Kevin A
Bought by
Peterson Barbara E and Bolin Kevin A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.15%
Purchase Details
Closed on
Sep 27, 2000
Sold by
Peterson Barbara E
Bought by
Peterson Barbara E and Bolin Kevin A
Purchase Details
Closed on
Apr 5, 2000
Sold by
Bolin Sharon Lee
Bought by
Peterson Barbara E
Purchase Details
Closed on
Apr 16, 1999
Sold by
Bolin Sharon Lee
Bought by
Bolin Sharon Lee and Bolin Kevin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.16%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in P.O.E.T., CO
-
Joseph Penta
-
Andy Hawbaker
Andy Hawbaker
Coldwell Banker Realty-NOCO
(970) 699-3544
87 Total Sales
1 in P.O.E.T.
$505,000 Price
-
Jimmy Stewart
Jimmy Stewart
Real
(970) 699-4192
189 Total Sales
2 in P.O.E.T.
$380K - $658K Price Range
-
Byron Becerril
Byron Becerril
eXp Realty LLC
(970) 632-6406
28 Total Sales
1 in P.O.E.T.
$525,000 Price
-
John Feeney
John Feeney
C3 Real Estate Solutions, LLC
(970) 999-1592
84 Total Sales
2 in P.O.E.T.
$525,000 Price Range
-
Dennis Schultz Jr.
Dennis Schultz Jr.
eXp Realty, LLC
(866) 604-5108
53 Total Sales
1 in P.O.E.T.
$550,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| Cedar Real Estate Llc | $510,000 | None Listed On Document | |
| Winsted John Y | $235,000 | Security Title | |
| Peterson Barbara E | -- | Land Title Guarantee Company | |
| Bolin Barbara E | -- | Land Title Guarantee Company | |
| Peterson Barbara E | -- | -- | |
| Peterson Barbara E | -- | -- | |
| Bolin Sharon Lee | -- | Land Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $188,000 | ||
| Previous Owner | Bolin Barbara E | $176,000 | |
| Previous Owner | Bolin Sharon Lee | $132,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/13/2022 01/13/22 | Off Market | $510,000 | -- | -- |
| 10/15/2020 10/15/20 | Sold | $510,000 | +2.4% | $284 / Sq Ft |
| 09/18/2020 09/18/20 | Pending | -- | -- | -- |
| 09/09/2020 09/09/20 | For Sale | $498,000 | -- | $278 / Sq Ft |
Source: IRES MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,328 | $33,950 | $2,250 | $31,700 |
| 2024 | $3,167 | $38,371 | $2,412 | $35,959 |
| 2022 | $2,738 | $28,995 | $2,448 | $26,547 |
| 2021 | $2,828 | $30,488 | $2,574 | $27,914 |
| 2020 | $2,858 | $30,545 | $2,574 | $27,971 |
| 2019 | $2,870 | $30,545 | $2,574 | $27,971 |
| 2018 | $2,333 | $25,603 | $2,592 | $23,011 |
| 2017 | $2,325 | $25,603 | $2,592 | $23,011 |
| 2016 | $1,599 | $17,520 | $2,866 | $14,654 |
| 2015 | $1,588 | $17,520 | $2,870 | $14,650 |
| 2014 | $1,430 | $15,680 | $2,870 | $12,810 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Hunter
Seller's Agent in 2020
Paul Hunter
Group Mulberry
(970) 673-7285
2 in this area
56 Total Sales
-
Kathy Arents
Buyer's Agent in 2020
Kathy Arents
Group Mulberry
(970) 222-1784
2 in this area
119 Total Sales
Map
Source: IRES MLS
MLS Number: IRE923566
APN: 97164-26-077
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.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID
Listings courtesy of IRES MLS as distributed by MLS GRID
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