NOT LISTED FOR SALE

1317 E 8th Ave Fort Morgan, CO 80701

Estimated Value: $239,632 - $304,000

4 Beds
1 Bath
1,176 Sq Ft
$229/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $97,500 $83 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $1,533/month

6 Days on Market

Highlights

  • City View
  • Double Pane Windows
  • Dining Room
  • No HOA
  • Forced Air Heating System
  • 4-minute walk to Optimist Park

About This Home

As of September 2014

Property being sold for investment only. 4 bedroom / 1 bath. Home has newer windows & roof; overall good condition. Cute Ranch style home with 1 car attached garage. Property is being sold as a package deal with 631 Prospect (MLS#745600)in Fort Morgan for a total of $240,000.Call Agent for details. Income expenses to be determined by the Buyer.

Last Agent to Sell the Property

Mandy Weichel

Colorado Land Co. LLC Listed on: 08/25/2014

Last Buyer's Agent

Mandy Weichel

Colorado Land Co. LLC Listed on: 08/25/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $562

Year Built

  • Built in 1951

Lot Details

  • 7,811 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Dining Room
  • City Views
  • Crawl Space
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Bathroom

Schools

  • Fort Morgan Elementary And Middle School
  • Fort Morgan High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer
  • Assessor Parcel Number 122905212008

Community Details

Overview

  • No Home Owners Association
  • Green Acres 6Th Add, Fm Subdivision

Building Details

  • Gross Income $800
  • Net Operating Income $238

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$562

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Year Built: 1951
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.18
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Green Acres 6th Add, FM
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1176
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: None, Crawl Space
  • Total Bedrooms: 4
  • Interior Amenities: Separate Dining Room
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Fenced, Wood
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame, Wood Siding
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, City of Fort Mo
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Fort Morgan
  • Gas Company: Natural Gas, City of Fort Mo

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Fort Morgan
  • HighSchool: Fort Morgan
  • Junior High Dist: Fort Morgan RE-3
  • Middle Or Junior School: Fort Morgan

Lot Info

  • Zoning: Res
  • Lot Size Sq Ft: 7811
  • Parcel #: 122905212008
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 562.4

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 800
  • Annual Operating Expense: 562.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2014
Closed on
Sep 23, 2014
Sold by
L & C Rentals Llc
Bought by
Gab Llc
Seller's Agent
Mandy Weichel
Colorado Land Co. LLC
Buyer's Agent
Mandy Weichel
Colorado Land Co. LLC
List Price
$115,000
Sold Price
$97,500
Premium/Discount to List
-$17,500
-15.22%
Current Estimated Value
$269,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,658
Avg. Annual Appreciation
9.57%
Original Mortgage
$97,395
Interest Rate
4.1%
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
Gab Llc $97,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gab Llc $97,395
Previous Owner L & C Rentals Llc $75,000
Previous Owner L & C Rentals Llc $61,000
Previous Owner L & C Rentals Llc $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $97,500 -- --
09/30/2014 09/30/14 Sold $97,500 -15.2% $83 / Sq Ft
08/31/2014 08/31/14 Pending -- -- --
08/25/2014 08/25/14 For Sale $115,000 -- $98 / 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
2024 $830 $10,360 $1,980 $8,380
2023 $830 $14,040 $2,680 $11,360
2022 $834 $10,170 $2,630 $7,540
2021 $858 $10,460 $2,700 $7,760
2020 $809 $9,600 $2,570 $7,030
2019 $811 $9,600 $2,570 $7,030
2018 $671 $7,830 $2,140 $5,690
2017 $672 $7,830 $2,140 $5,690
2016 $652 $7,530 $2,580 $4,950
2015 $643 $7,530 $2,580 $4,950
2014 $579 $6,620 $2,290 $4,330
2013 -- $6,620 $2,290 $4,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 745599

IRES MLS

APN: 122905212008