NOT LISTED FOR SALE

1300 S Summit View Dr Fort Collins, CO 80524

8 Beds
4 Baths
3,596 Sq Ft
0.64 Acres

Last Sold November 14, 2022

Last sale price $757,500 $211 Per Sq Ft

112 Days on Market

Highlights

  • Mountain View
  • Deck
  • Eat-In Kitchen
  • Riffenburgh Elementary School Rated A-
  • No HOA
  • Air Conditioning

About This Home

As of November 2022

GREAT OPPORTUNITY to own an investment property as an owner occupant or lease the recently renovated/ ready to move in unit at great market rates. This unique property offers quick accessibility to I25 yet still close to amenities and the serenity of open space and mountain views. All units are in great shape with newer flooring, paint and great tenants. Two of the current leases are below market with long term tenants so have opportunity for more income. Seller recently installed a new septic system and created a dog park. No showings of occupied units until inspection. Unit is easy to show!

Last Agent to Sell the Property

Lori Dunn

Dunn Group Real Estate Listed on: 07/11/2022

Last Buyer's Agent

Lori Dunn

Dunn Group Real Estate Listed on: 07/11/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,264

Year Built

  • Built in 1965

Lot Details

  • 0.64 Acre Lot
  • West Facing Home

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,596 Sq Ft Home
  • 2-Story Property
  • Mountain Views
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

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

Utilities

  • Air Conditioning
  • Baseboard Heating
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, electricity
  • Assessor Parcel Number R0665843

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $59,780
  • Net Operating Income $40,433

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,264

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Year Built: 1965
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.64
  • Road Frontage Type: City Street
  • Subdivision Name: NA
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3596
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Has Basement: Walk-Out Access
  • Total Bedrooms: 8
  • Entry Location: Outside Entry
  • Interior Amenities: Eat-in Kitchen, Outside Entry
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Composition
  • Fencing: Other
  • View: Mountain(s)
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Direction Faces: West
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric
  • Heating: Baseboard
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic
  • Water Source: District Water, Fort Collins
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: FA
  • Lot Size Sq Ft: 27900
  • Parcel #: R0665843
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Electricity

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5264

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 59780
  • Annual Operating Expense: 19347

Range of Values:

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Sold Price
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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 Change Sq Ft Price
11/14/2022 11/14/22 Sold $757,500 -5.3% $211 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $800,000 0.0% $222 / Sq Ft
09/01/2022 09/01/22 For Sale $800,000 0.0% $222 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/30/2022 08/30/22 For Sale $800,000 +5.6% $222 / Sq Ft
08/22/2022 08/22/22 Off Market $757,500 -- --
08/12/2022 08/12/22 For Sale $800,000 0.0% $222 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/14/2022 07/14/22 Price Changed $800,000 -11.1% $222 / Sq Ft
07/11/2022 07/11/22 For Sale $900,000 +164.7% $250 / Sq Ft
01/28/2019 01/28/19 Off Market $340,000 -- --
04/30/2012 04/30/12 Sold $340,000 -9.3% $96 / Sq Ft
03/31/2012 03/31/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $375,000 -- $105 / 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: 970700

IRES MLS

APN: 87163-00-060