NOT LISTED FOR SALE

Estimated Value: $464,000 - $510,118

4 Beds
2 Baths
1,872 Sq Ft
$263/Sq Ft Est. Value

Last Sold August 10, 2012

Last sale price $170,000 $91 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $2,809/month

69 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Bay Window
  • Rocky Mountain High School Rated A-
  • No HOA
  • Forced Air Heating System

About This Home

As of August 2012

Buyer walked last minute. Attention investors - Don't miss this 4 bed, 2 bath, ranch style home in Fairview. Needs TLC but would make an easy rental, especially in todays tight rental market. Property has had 0% vacancy since 2006. Call agent for additional information.

Last Agent to Sell the Property

Jesse Engel

RE/MAX Alliance-Loveland Listed on: 05/18/2012

RE/MAX Alliance-Loveland

Last Buyer's Agent

Bobby Khankhanian

Integrity Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,359

Year Built

  • Built in 1961

Lot Details

  • 7,385 Sq Ft Lot
  • Fenced

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,872 Sq Ft Home
  • 1-Story Property
  • Bay Window
  • Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Bennett Elementary School
  • Blevins Middle School
  • Rocky Mountain High School

Additional Features

  • Exterior Lighting
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0086207

Community Details

Overview

  • No Home Owners Association
  • Fairview Subdivision

Building Details

  • Gross Income $18,000
  • Net Operating Income $16,151

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,359

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Year Built: 1961
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Fairview
  • Directions: From Prospect & Shields, go north on Shields, west on Springfield, north on Fairview to property on right.
  • Architectural Style: Contemporary/Modern, Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1872
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Full, 90%+ Finished Basement
  • Total Bedrooms: 4
  • Flooring: Wood Floors
  • Interior Amenities: Separate Dining Room
  • Window Features: Bay Window(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Gutters, Sidewalks, Fire Hydrant within 500 Feet
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, City
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Bennett
  • HighSchool: Rocky Mountain
  • Junior High Dist: Poudre
  • Middle Or Junior School: Blevins

Lot Info

  • Zoning: Res
  • Lot Size Sq Ft: 7385
  • Parcel #: R0086207
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1359

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 18000
  • Annual Operating Expense: 1849

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2012
Closed on
Aug 8, 2012
Sold by
Stoneking Valerie Ann
Bought by
Bbk Properties Lllp
Seller's Agent
Jesse Engel
RE/MAX Alliance-Loveland
Buyer's Agent
Bobby Khankhanian
Integrity Realty
List Price
$190,000
Sold Price
$170,000
Premium/Discount to List
-$20,000
-10.53%
Current Estimated Value
$491,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,530
Avg. Annual Appreciation
8.36%
Original Mortgage
$100,000
Outstanding Balance
$69,112
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$422,418

Purchase Details

Closed on
Sep 22, 2006
Sold by
Eberhardt Kyle D and Eberhardt Karen L
Bought by
Stoneking Valerie Ann

Purchase Details

Closed on
Dec 12, 2003
Sold by
Eberhardt David A
Bought by
Eberhardt Kyle D and Eberhardt Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 1997
Sold by
Donner Elaine K
Bought by
Eberhardt Karen L and Eberhardt David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,700
Interest Rate
7.4%

Purchase Details

Closed on
Jan 1, 1996
Sold by
Vasco Christiane M
Bought by
Donner Elaine K

Purchase Details

Closed on
Jul 1, 1994
Sold by
Bergersen Eric K
Bought by
Vasco Christiane M

Purchase Details

Closed on
Nov 1, 1992
Sold by
Bergersen Eric K
Bought by
Bergersen Eric K
Source: Public Records

Range of Values:

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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
Bbk Properties Lllp $170,000 North Amer Title Co Of Co
Stoneking Valerie Ann $190,000 Chicago Title Co
Eberhardt Kyle D $150,000 Stewart Title Of Larimer Cou
Eberhardt Karen L $127,515 Stewart Title
Donner Elaine K $122,500 --
Vasco Christiane M $111,000 --
Bergersen Eric K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bbk Properties Lllp $100,000
Previous Owner Eberhardt Kyle D $120,000
Previous Owner Eberhardt Karen L $100,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $170,000 -- --
08/10/2012 08/10/12 Sold $170,000 -10.5% $91 / Sq Ft
07/11/2012 07/11/12 Pending -- -- --
05/18/2012 05/18/12 For Sale $190,000 -- $101 / 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 $2,771 $32,569 $2,680 $29,889
2024 $2,637 $32,569 $2,680 $29,889
2022 $2,296 $24,318 $2,780 $21,538
2021 $2,321 $25,018 $2,860 $22,158
2020 $2,337 $24,975 $2,860 $22,115
2019 $2,347 $24,975 $2,860 $22,115
2018 $1,693 $18,576 $2,880 $15,696
2017 $1,687 $18,576 $2,880 $15,696
2016 $1,436 $15,729 $3,184 $12,545
2015 $1,426 $17,600 $3,180 $14,420
2014 $1,412 $15,480 $3,180 $12,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 681598

IRES MLS

APN: 97154-08-005