NOT LISTED FOR SALE

1136 E Stuart St Unit 3-140 Fort Collins, CO 80525

Edora Acres Neighborhood

Estimated Value: $341,709 - $417,000

Studio
-- Bath
1,330 Sq Ft
$285/Sq Ft Est. Value

Sale Details

Date Sold: July 5, 2022

Last sale price $344,500 $259 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,618 / mo

52 Days on Market

Highlights

  • Brick Veneer
  • Riffenburgh Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

AVAILABLE. Triple net leased medical investment. Almost 3 years remaining on the lease with escalators. 6.29% CAP on current rent, increasing to 6.67% CAP in last year. First floor suite with updated fixtures. Very efficient layout with four operatories. Located in a very well maintained office park in central Fort Collins. Current tenant is a well established dental practice with six locations.

Last Agent to Sell the Property

Erik Broman

Realtec C.R.E.S., LLC License #100006880 Listed on: 04/19/2022

Realtec C.R.E.S., LLC

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 1,330

HOA Fees

  • $572 Monthly HOA Fees

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,330 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Unfinished Basement

Additional Features

  • 1,330 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, taxes, association fees
  • Assessor Parcel Number R1269453

Community Details

Overview

  • Stuart Professional Park Subdivision

Building Details

  • Gross Income $21,945
  • Net Operating Income $21,945

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

1,330 Sq Ft Lot

HOA Fees

$572 per month

Listing Details

  • Year Built: 1987
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: Stuart Professional Park
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1330
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Has Basement: Unfinished
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Utilities: Natural Gas Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, City
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 572
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Other
  • HighSchool: Other
  • Junior High Dist: Poudre
  • Middle Or Junior School: Other

Lot Info

  • Zoning: MMN
  • Lot Size Sq Ft: 1330
  • Parcel #: R1269453
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer, Taxes, Association Fees

Multi Family

  • Annual Gross Income: 21945

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
Jun 29, 2022
Sold by
Richard W Raab Revocable Trust
Bought by
Skyward Investments Llc
Seller's Agent
Erik Broman
Realtec C.R.E.S., LLC
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$349,000
Sold Price
$344,500
Premium/Discount to List
-$4,500
-1.29%
Current Estimated Value
$379,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,855
Avg. Annual Appreciation
2.58%

Purchase Details

Closed on
Nov 19, 1999
Sold by
Raab Richard W
Bought by
Richard W Raab Revocable Trust

Purchase Details

Closed on
Dec 7, 1994
Sold by
Bartran And Company Inc
Bought by
Raab Richard W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Skyward Investments Llc $344,500 Land Title
Richard W Raab Revocable Trust -- --
Raab Richard W $125,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2022 07/05/22 Sold $344,500 -1.3% $259 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $349,000 0.0% $262 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $349,000 -- $262 / 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 $400 $105,921 $21,789 $84,132
2024 $7,840 $94,246 $22,515 $71,731
2022 $6,940 $74,820 $23,403 $51,417
2021 $6,940 $74,820 $23,403 $51,417
2020 $6,409 $68,498 $9,338 $59,160
2019 $6,437 $68,498 $9,338 $59,160
2018 $5,886 $64,583 $9,338 $55,245
2017 $5,866 $64,583 $9,338 $55,245
2016 $5,888 $64,496 $9,338 $55,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE963253

IRES MLS

APN: 87192-34-140

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