Seller's Agent in 2024
Seth Hanson
Group Harmony
(970) 229-0700
1 in this area
221 Total Sales
1205 Montgomery St Fort Collins, CO 80524
Highlander Heights NeighborhoodEstimated Value: $612,245 - $699,000
5
Beds
3
Baths
1,326
Sq Ft
$500/Sq Ft
Est. Value
Highlights
- No HOA
- Eat-In Kitchen
- Cooling Available
- Riffenburgh Elementary School Rated A-
- Brick Veneer
- Patio
About This Home
As of March 2024All brick ranch duplex with excellent rental history. Each unit has its own yard. Great location near Old Town and PVH Hospital. Unit 1205 is a 2 bed 1 bath with $1491/mo rent. 1207 is a 3 bed 1.5 bath with $1837/mo rent. Both leases end June 30, 2024. Tenants pay electric, trash, cable/int. Owner pays water/sewer and insurance. Tenant is responsible for lawn maintenance, snow removal, and general upkeep. Half of windows new in 2022/23. Other half to be replaced this year. Bath of unit 1205 remodeled in 2021. Current data suggests these rates are below market rate. 24 hours notice required for showings.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,800
Year Built
- Built in 1966
Lot Details
- 7,137 Sq Ft Lot
- Southeast Facing Home
- Fenced
- Level Lot
Home Design
- Duplex
- Brick Veneer
- Composition Roof
Interior Spaces
- 1,326 Sq Ft Home
- 1-Story Property
- Ceiling Fan
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Outdoor Features
- Patio
Schools
- Riffenburgh Elementary School
- Lesher Middle School
- Ft Collins High School
Utilities
- Cooling Available
- Forced Air Heating System
Listing and Financial Details
- Tenant pays for deposit, gas, electricity, trash collection
- Assessor Parcel Number R0002607
Community Details
Overview
- No Home Owners Association
- 2,412 Units
- Highlander Heights Subdivision
Building Details
- Gross Income $39,936
- Net Operating Income $33,036
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2024
Closed on
Mar 8, 2024
Sold by
Areti Properties Llc
Bought by
Kurbjun Karl W and Kurbjun Kristin M
Seller's Agent
Seth Hanson
Group Harmony
Buyer's Agent
Matthew Dozier
Group Centerra
List Price
$636,000
Sold Price
$620,000
Premium/Discount to List
-$16,000
-2.52%
Views
87
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,311
Avg. Annual Appreciation
3.38%
Original Mortgage
$320,000
Outstanding Balance
$313,494
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$349,817
Purchase Details
Closed on
Jun 12, 2021
Sold by
Stout Phillip D
Bought by
Areti Properties Llc
Purchase Details
Closed on
Jun 29, 2004
Sold by
Koll Reginald A
Bought by
Stout Phil and Stout Tracey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 6, 2000
Sold by
Hamilton Mary L
Bought by
Koll Reginald A
Purchase Details
Closed on
Oct 7, 1998
Sold by
Hamilton Mary L Koll Reginald A
Bought by
Hamilton Mary L and Koll Reginald A
Purchase Details
Closed on
Apr 1, 1993
Sold by
Koll Reginald A
Bought by
Hamilton Mary L
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kurbjun Karl W | $620,000 | None Listed On Document | |
| Areti Properties Llc | -- | None Available | |
| Stout Phil | $210,000 | Security Title | |
| Koll Reginald A | -- | -- | |
| Hamilton Mary L | -- | -- | |
| Hamilton Mary L | -- | -- | |
| Hamilton Mary L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kurbjun Karl W | $320,000 | |
| Previous Owner | Stout Phil | $168,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/08/2024 03/08/24 | Sold | $620,000 | -2.5% | $468 / Sq Ft |
| 01/25/2024 01/25/24 | Price Changed | $635,900 | 0.0% | $480 / Sq Ft |
| 01/03/2024 01/03/24 | For Sale | $636,000 | -- | $480 / 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 | $3,558 | $34,494 | $2,625 | $31,869 |
| 2024 | $3,386 | $40,770 | $2,814 | $37,956 |
| 2022 | $2,649 | $28,057 | $2,856 | $25,201 |
| 2021 | $2,736 | $29,501 | $3,003 | $26,498 |
| 2020 | $3,186 | $34,048 | $3,003 | $31,045 |
| 2019 | $3,199 | $34,048 | $3,003 | $31,045 |
| 2018 | $2,482 | $27,230 | $3,024 | $24,206 |
| 2017 | $2,473 | $27,230 | $3,024 | $24,206 |
| 2016 | $1,789 | $19,597 | $3,343 | $16,254 |
| 2015 | $1,776 | $19,590 | $3,340 | $16,250 |
| 2014 | $1,507 | $16,520 | $3,340 | $13,180 |
Source: Public Records
Agents Affiliated with this Home
-
Seth Hanson
-
Matthew Dozier
Buyer's Agent in 2024
Matthew Dozier
Group Centerra
(970) 213-4877
1 in this area
67 Total Sales
Map
Source: IRES MLS
MLS Number: IRE1001055
APN: 87183-05-213
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Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID
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