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

Sale Details

Date Sold: June 3, 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 License #100023927 Listed on: 01/31/2022

Last Buyer's Agent

Alex Schuman

Schuman Companies License #100023927 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"]

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

Listed on
Jan 31, 2022
Closed on
Jun 3, 2022
Sold by
Bought by
Seller's Agent
Alex Schuman
Schuman Companies
Buyer's Agent
Alex Schuman
Schuman Companies
List Price
$2,000,000
Sold Price
$1,700,000
Premium/Discount to List
-$300,000
-15%

Purchase Details

Closed on
Oct 14, 2019
Sold by
Bought by

Purchase Details

Closed on
Aug 3, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,030
Interest Rate
0.045%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 2015
Sold by
Bought by

Purchase Details

Closed on
Jan 5, 2009
Sold by
Bought by
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$1,700,000 Land Title
$1,375,000 Land Title Guarantee Company
$750,000 Land Title Guarantee
-- None Available
-- None Available
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 $557,030
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
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

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 $10,650 $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

  • Section Image
See All Agents

Map

Source: IRES MLS

MLS Number: IRE958247

IRES MLS
Your Personal Tour Guide

Ask me questions while you tour the home.