NOT LISTED FOR SALE

1343 Cherry St Fort Collins, CO 80521

8 Beds
4 Baths
3,432 Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: December 9, 2019

Last sale price $830,000 $242 Per Sq Ft

6 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Deck
  • No HOA
  • Double Pane Windows

About This Home

As of December 2019

Low maintenance 4-plex, fully leased, no HOA, with excellent annual income. 5 min. to Old Town and CSU!Each unit has 2 bedrooms, 1 bath, storage closet, own washer/dryer, hot water heater, fenced back yard or balcony, parking in front of the unit.Brand new roof (June), newly painted exterior, new flooring, new backyard fences.Fully rented through July 28, 2020 at $5385/month. Never had any vacancies. Please do not disturb tenants. The 4-plex adjacent to this one 1349 Cherry st is also for sale.

Last Agent to Sell the Property

Christina Duskis

Great Way RE Properties Listed on: 10/31/2019

Great Way RE Properties

Last Buyer's Agent

Christina Duskis

Great Way RE Properties Listed on: 10/31/2019

Great Way RE Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,475

Year Built

  • Built in 1994

Lot Details

  • 8,930 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,432 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • 4 Bathrooms
  • Primary bathroom on main floor

Accessible Home Design

  • No Interior Steps
  • Accessible Entrance

Outdoor Features

  • Deck
  • Exterior Lighting

Location

  • Property is near bus stop

Schools

  • Putnam Elementary School
  • Lincoln Middle School
  • Poudre High School

Utilities

  • Air Conditioning
  • Baseboard Heating
  • Water Rights Not Included
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, electricity
  • Assessor Parcel Number R0016276

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Tennyson Heights Subdivision

Building Details

  • Gross Income $64,620
  • Net Operating Income $55,569

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,475

Year Built

Built in 1994

Lot Details

8,930 Sq Ft Lot

Listing Details

  • Year Built: 1994
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.21
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Tennyson Heights
  • Directions: Use GPS for 1343 Cherry Street.
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3432
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: All Appliances, Disposal
  • Accessibility Features: Level Lot, Near Bus, Accessible Entrance, No Stairs, Main Floor Bath, Main Level Bedroom
  • Has Basement: None
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Open Floorplan
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Water Rights Excluded, Within City Limits
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Lighting
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, Separate Meter Electricity
  • Heating: Baseboard
  • Utilities: Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, Fort Collins Utiliti

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Putnam
  • HighSchool: Poudre
  • Junior High Dist: Poudre
  • Middle Or Junior School: Lincoln

Lot Info

  • Zoning: LMN
  • Lot Size Sq Ft: 8930
  • Parcel #: R0016276
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 64620
  • Income Includes: ["Lease/Rents"]

Tax Info

  • Tax Annual Amount: 3475
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Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2020 03/09/20 Off Market $830,000 -- --
12/09/2019 12/09/19 Sold $830,000 -1.8% $242 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $845,000 -- $246 / 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 $5,850 $61,250 $12,500 $48,750
2024 $5,566 $64,655 $13,400 $51,255
2022 $4,319 $45,737 $8,160 $37,577
2021 $4,461 $48,091 $8,580 $39,511
2020 $4,148 $44,330 $8,580 $35,750
2019 $4,166 $44,330 $8,580 $35,750
2018 $3,475 $38,131 $5,184 $32,947
2017 $3,463 $38,131 $5,184 $32,947
2016 $3,197 $35,024 $5,731 $29,293
2015 $3,174 $35,020 $5,730 $29,290
2014 $2,285 $25,050 $5,730 $19,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE897991

IRES MLS
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