NOT LISTED FOR SALE

116 E Drake Rd Fort Collins, CO 80525

South College Heights Neighborhood

Estimated Value: $566,000 - $772,000

3 Beds
2 Baths
2,710 Sq Ft
$239/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $382,000 $141 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,686/month

Highlights

  • Parking available for a boat
  • No HOA
  • Baseboard Heating
  • O'Dea Elementary School Rated A-
  • Air Conditioning
  • 5-minute walk to Leisure Park

About This Home

As of August 2019

Unique Property on Drake Rd! This stylish ranch sits on .25 of an acre! This home has 3 beds and 2 baths and large living and family room. A great location and a must see!!!!

Last Agent to Sell the Property

Holly Engels

Red Door Realty LLC Listed on: 07/22/2019

Last Buyer's Agent

Holly Engels

Red Door Realty LLC Listed on: 07/22/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,962

Year Built

  • Built in 1964

Lot Details

  • 0.25 Acre Lot
  • Property is zoned RL

Parking

  • Parking available for a boat

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,710 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Laundry on main level

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • Air Conditioning
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • South College Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number R0117803

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,962

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Year Built: 1964
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.25
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: South College Heights
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2710
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Commercial
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: None
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Window Features: Window Coverings
  • Room Bedroom3 Features: Other Floor
  • IRESDS_HasFamilyRoom: No
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Other Floor
  • Master Bedroom Features: Other Floor
  • Room Kitchen Features: Other Floor
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV/Boat Parking
  • IRESDS_GarageType: None

Utilities

  • Cooling: Room Air Conditioner
  • Heating: Hot Water, Baseboard
  • Utilities: Natural Gas Available
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Fort Collins
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Odea
  • HighSchool: Ft Collins
  • Junior High Dist: Poudre
  • Middle Or Junior School: Lesher

Lot Info

  • Zoning: RL
  • Lot Size Sq Ft: 10890
  • Parcel #: R0117803
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2962

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Aug 23, 2019
Sold by
Timm Gayle and Richardson Russell J
Bought by
Barends Jill
Seller's Agent
Holly Engels
Red Door Realty LLC
Buyer's Agent
Holly Engels
Red Door Realty LLC
List Price
$388,000
Sold Price
$382,000
Premium/Discount to List
-$6,000
-1.55%
Current Estimated Value
$648,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,571
Avg. Annual Appreciation
8.74%
Original Mortgage
$362,900
Outstanding Balance
$318,484
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$330,087

Purchase Details

Closed on
Jan 15, 2016
Sold by
Salibury Gayle
Bought by
Timm Gayle and Richardson Russell J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2005
Sold by
The Jensen Investment Group Inc
Bought by
Salisbury Gayle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2000
Sold by
Brunswig Mildred A
Bought by
The Jensen Investment Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
7.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 1, 1993
Sold by
Allen H Brett
Bought by
Brunswig Mildred A

Purchase Details

Closed on
Apr 1, 1993
Sold by
Brunswig Mildred
Bought by
Allen H Brett

Purchase Details

Closed on
Mar 1, 1993
Sold by
Allen H Brett
Bought by
Brunswig Mildred A
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
Barends Jill $382,000 First American
Timm Gayle -- None Available
Timm Gayle -- Land Title Guarantee
Salisbury Gayle $206,000 --
The Jensen Investment Group Inc $157,500 North American Title Co
Brunswig Mildred A -- --
Allen H Brett -- --
Brunswig Mildred A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barends Jill $362,900
Previous Owner Timm Gayle $164,000
Previous Owner Salisbury Gayle $164,800
Previous Owner The Jensen Investment Group Inc $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2019 11/21/19 Off Market $382,000 -- --
08/23/2019 08/23/19 Sold $382,000 -1.5% $141 / Sq Ft
07/22/2019 07/22/19 For Sale $388,000 -- $143 / 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 $3,290 $46,345 $3,731 $42,614
2024 $3,131 $46,345 $3,731 $42,614
2022 $3,300 $34,950 $3,873 $31,077
2021 $3,306 $35,638 $3,949 $31,689
2020 $3,561 $38,058 $3,949 $34,109
2019 $3,576 $38,058 $3,949 $34,109
2018 $2,962 $32,505 $3,968 $28,537
2017 $2,952 $32,505 $3,968 $28,537
2016 $2,098 $22,980 $3,702 $19,278
2015 $2,083 $22,990 $3,710 $19,280
2014 $1,792 $19,650 $3,710 $15,940
Source: Public Records

Agents Affiliated with this Home

  • Holly Engels

    Seller's Agent in 2019

    Holly Engels

    Red Door Realty LLC

    (970) 691-9191

    63 Total Sales

    Holly Engels
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Map

Source: IRES MLS

MLS Number: 888914

IRES MLS

APN: 97243-24-005

Colorado Larimer County Fort Collins 80525 South College Heights

116 E Drake Rd, Fort Collins, CO

Not Listed for Sale

Detached

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.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

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.

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