NOT LISTED FOR SALE

1221 University Ave Unit D302 Fort Collins, CO 80521

Campus West Neighborhood

Estimated Value: $295,000 - $311,000

2 Beds
2 Baths
880 Sq Ft
$344/Sq Ft Est. Value

Last Sold February 04, 2016

Last sale price $175,085 $199 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,910/month

21 Days on Market

Highlights

  • 1.52 Acre Lot
  • Balcony
  • Forced Air Heating System
  • Rocky Mountain High School Rated A-
  • Cooling Available
  • Ceiling Fan

About This Home

As of February 2016

Top floor, great condition! You could look for months and not get closer to CSU campus than this! Gas fireplace, balcony, vaulted ceilings. Master bedroom w/ walk-in closet, private bath. Tenants in place through July of 2016. Non-warrantable. 24 hour notice for showings mandatory.

Last Agent to Sell the Property

Scott Beasley

Group Mulberry Listed on: 01/14/2016

Group Mulberry

Last Buyer's Agent

Brian Stribley

Sitzman-Mitchell ComBrokerage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $921

Year Built

  • Built in 2000

Lot Details

  • 1.52

HOA Fees

  • $140 Monthly HOA Fees

Home Design

  • Property Attached
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System

Additional Features

  • Balcony
  • 1.52 Acre Lot

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R1599733

Community Details

Overview

  • Association fees include common amenities, trash, snow removal, ground maintenance, management, utilities, maintenance structure
  • Big Horn Village Subdivision

Building Details

  • Gross Income $12,936
  • Net Operating Income $10,335

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$921

Year Built

Built in 2000

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Year Built: 2000
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 1.52
  • Subdivision Name: Big Horn Village
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 880
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Has Basement: None
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes

Exterior Features

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

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, City of Fort Collins
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Trash, Snow Removal, Maintenance Grounds, Management, Utilities, Maintenance Structure
  • Senior Community: No
  • Association Fee: 140
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: Yes

Schools

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

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 66419
  • Parcel #: R1599733
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 921

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 12936
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 2601

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2016
Closed on
Jan 29, 2016
Sold by
Watson Daniel J and Dizon Faith P
Bought by
State Of Colorado & Obsideo Llc
Seller's Agent
Scott Beasley
Group Mulberry
Buyer's Agent
Brian Stribley
Sitzman-Mitchell ComBrokerage
List Price
$175,000
Sold Price
$175,085
Premium/Discount to List
$85
0.05%
Current Estimated Value
$302,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,845
Avg. Annual Appreciation
5.77%
Original Mortgage
$117,000
Interest Rate
3.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 21, 2005
Sold by
Dunnigan Kevin
Bought by
Watson Daniel J and Dizon Faith P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
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
State Of Colorado & Obsideo Llc $175,085 The Group Guaranteed Title
Watson Daniel J $131,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Obsideo Llc $117,000
Previous Owner Watson Daniel J $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $175,085 -- --
02/04/2016 02/04/16 Sold $175,085 0.0% $199 / Sq Ft
01/14/2016 01/14/16 For Sale $175,000 -- $199 / 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 $1,584 $20,194 $2,144 $18,050
2024 $1,507 $20,194 $2,144 $18,050
2022 $1,590 $16,840 $2,224 $14,616
2021 $1,607 $17,324 $2,288 $15,036
2020 $1,572 $16,803 $2,288 $14,515
2019 $1,579 $16,803 $2,288 $14,515
2018 $1,253 $13,745 $2,304 $11,441
2017 $1,248 $13,745 $2,304 $11,441
2016 $1,072 $11,741 $2,547 $9,194
2015 $1,064 $11,740 $2,550 $9,190
2014 $921 $10,100 $2,550 $7,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 781734

IRES MLS

APN: 97154-62-008