NOT LISTED FOR SALE

1203 S Coffman St Unit 1-4 Longmont, CO 80501

Southmoor Neighborhood
2 Beds
1 Bath
3,212 Sq Ft
0.27 Acres

Last Sold December 31, 2014

Last sale price $427,000 $133 Per Sq Ft

13 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • No HOA
  • Niwot High School Rated A
  • Corner Lot
  • Enclosed Patio or Porch

About This Home

As of December 2014

Pride of ownership 4-plex well located near shopping, services, schools, parks, rec center and downtown. Property has been 100% occupied throughout various market fluctuations. Perfect for either an investor or owner-occupant who wants a roof and an investment. Long-time owner is selling as he is retiring outside the US. Seller to purchase 1 yr home warranty ($940 Value). NO FLOOD INSURANCE REQUIRED AS OF THIS YEAR. Annual savings of $1,350 adds nearly $17,000 to the value (8% cap).

Last Agent to Sell the Property

Daniel Arrowood

Daniel Arrowood Listed on: 10/26/2014

Last Buyer's Agent

Daniel Arrowood

Daniel Arrowood Listed on: 10/26/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,197

Year Built

  • Built in 1971

Lot Details

  • 0.27 Acre Lot
  • Waterfront
  • Open Space
  • East Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Corner Lot
  • Sprinkler System

Home Design

  • Property Attached
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,212 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Access to stream, creek or river
  • Enclosed Patio or Porch
  • Exterior Lighting

Schools

  • Burlington Elementary School
  • Sunset Middle School
  • Niwot High School

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Hot Water Heating System
  • Water Rights Not Included
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer
  • Assessor Parcel Number R0049434

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Southmoor Park 2 Replat Subdivision

Building Details

  • Gross Income $42,900
  • Net Operating Income $35,639

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,197

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Year Built: 1971
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.27
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Southmoor Park 2 Replat
  • Directions: Drive south on Hwy 287 (Main St) from downtown, turn right on Missouri Ave. Property is located one block west on the left on the SW corner of Missouri Ave. and S Coffman St.
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3212
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher
  • Has Basement: None
  • Total Bedrooms: 2
  • Entry Location: Outside Entry
  • Flooring: Wood Floors
  • Interior Amenities: Satellite Avail, High Speed Internet, Eat-in Kitchen, Outside Entry
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Wood
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Water Rights Excluded, Corner Lot, Abuts Public Open Space
  • Waterfront Features: Abuts Stream/Creek/River
  • Waterfront: Yes
  • Construction Type: Wood/Frame
  • Direction Faces: East
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio, Enclosed
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, Separate Meter Electricity, Longmont
  • Heating: Forced Air, Hot Water
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, City of Longmont
  • Gas Company: Natural Gas, Separate Meter Gas, Longmont

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Burlington,Indian Peaks
  • HighSchool: Niwot
  • Junior High Dist: ST Vrain Dist RE 1J
  • Middle Or Junior School: Sunset Middle

Lot Info

  • Zoning: MF
  • Lot Size Sq Ft: 11706
  • Parcel #: R0049434
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2197

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 42900
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 7261

Range of Values:

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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
05/03/2020 05/03/20 Off Market $427,000 -- --
12/31/2014 12/31/14 Sold $427,000 -0.5% $133 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
10/26/2014 10/26/14 For Sale $429,000 -- $134 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 749888

IRES MLS