NOT LISTED FOR SALE
1 Bed
2 Baths
3,543 Sq Ft
8,960 Sq Ft Lot

Last Sold June 03, 2022

Last sale price $1,700,000 $480 Per Sq Ft

64 Days on Market

Highlights

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

About This Home

As of June 2022

Fully Renovated 9- Plex in Midtown. Property features 8- Studio units and 1- 1 Bedroom unit. Current rent roll equals $9,700/ mo, plus each tenant pays a $75/ mo utility fee. All units are leased through the summer months of 2022. Call agent for further details.

Last Agent to Sell the Property

Alex Schuman

Schuman Companies Listed on: 01/31/2022

Last Buyer's Agent

Alex Schuman

Schuman Companies Listed on: 01/31/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,669

Year Built

  • Built in 1954

Lot Details

  • 8,960 Sq Ft Lot

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Rubber Roof

Interior Spaces

  • 3,543 Sq Ft Home
  • 1-Story Property
  • Partial Basement

Kitchen

  • Electric Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Schools

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

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R0110787

Community Details

Overview

  • No Home Owners Association
  • 9 Units
  • Maynard Subdivision

Building Details

  • Gross Income $125,640
  • Net Operating Income $91,503

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,669

Year Built

Built in 1954

Lot Details

8,960 Sq Ft Lot

Listing Details

  • Year Built: 1954
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: Maynard
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3543
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator, Microwave
  • Has Basement: Partial
  • Total Bedrooms: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Rubber
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Utilities

  • Heating: Forced Air, Hot Water, Baseboard
  • Utilities: Natural Gas Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: 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: 8960
  • Parcel #: R0110787
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9669.43

Multi Family

  • Number Of Units Total: 9
  • Annual Gross Income: 125640
  • Income Includes: ["Lease/Rents"]
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Sold $1,700,000 -5.0% $480 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/21/2022 03/21/22 Price Changed $1,790,000 -3.2% $505 / Sq Ft
03/08/2022 03/08/22 Price Changed $1,850,000 -7.5% $522 / Sq Ft
01/31/2022 01/31/22 For Sale $2,000,000 -- $564 / 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 $10,462 $106,875 $12,500 $94,375
2024 $9,954 $112,714 $13,400 $99,314
2022 $9,362 $99,144 $8,160 $90,984
2021 $9,669 $104,247 $8,580 $95,667
2020 $5,017 $53,625 $8,580 $45,045
2019 $5,039 $53,625 $8,580 $45,045
2018 $3,077 $33,761 $5,184 $28,577
2017 $3,066 $33,761 $5,184 $28,577
2016 $3,343 $36,616 $5,731 $30,885
2015 $3,319 $36,610 $5,730 $30,880
2014 $3,200 $35,080 $5,730 $29,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE958247

IRES MLS
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