NOT LISTED FOR SALE
8 Beds
4 Baths
3,212 Sq Ft
10,652 Sq Ft Lot

Sale Details

Date Sold: May 9, 2023

Last sale price $760,000 $237 Per Sq Ft

4 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Property is near bus stop
  • Niwot High School Rated A
  • Air Conditioning
  • Forced Air Heating System

About This Home

As of May 2023

OPEN HOUSE-Friday, April 21st 10:00 am-1:00pm. Great 4-PLEX investment opportunity in south Longmont. Close to restaurants, shopping, and bus. Walking distance to Longmont Rec Center and park with pool. Solid rental history. All tenants on month to month leases w/ potential to improve cash flow. Owner pays water/sewer. Tenants pays gas/electric/trash. Each unit has 50 gallon water heater, pilotless furnace, washer/dryer hookups, small patio and backyard. Roof re-coated Oct 2022. Photos were taken prior to each unit being rented. **Please read Broker comments**

Last Agent to Sell the Property

Diane Clark

CSI Properties License #40003572 Listed on: 04/13/2023

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,250

Year Built

  • Built in 1971

Lot Details

  • 10,652

Home Design

  • Wood Frame Construction
  • Flat Tile Roof

Interior Spaces

  • 3,212 Sq Ft Home
  • 2-Story Property
  • Storm Doors
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • Burlington Elementary School
  • Sunset Middle School
  • Niwot High School

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Cable TV Available

Additional Features

  • 10,652 Sq Ft Lot
  • Property is near bus stop

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, trash collection
  • Assessor Parcel Number R0049027

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Southmoor Park 2 Replat Subdivision

Building Details

  • Gross Income $60,000
  • Net Operating Income $50,736

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,250

Year Built

Built in 1971

Lot Details

10,652 Sq Ft Lot

Listing Details

  • Year Built: 1971
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.24
  • Subdivision Name: Southmoor Park 2 Replat
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3212
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Accessibility Features: Near Bus
  • Has Basement: None
  • Total Bedrooms: 8
  • Door Features: Storm Door(s)
  • Interior Amenities: Eat-in Kitchen
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Flat
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, Separate Meter Electricity, City of Lgmt
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Longmont
  • Gas Company: Natural Gas, Separate Meter Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Burlington
  • HighSchool: Niwot
  • Junior High Dist: ST Vrain Dist RE 1J
  • Middle Or Junior School: Sunset Middle

Lot Info

  • Zoning: Multi Fam
  • Lot Size Sq Ft: 10652
  • Parcel #: R0049027
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4250

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 60000
  • Income Includes: ["Lease/Rents"]

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2023
Sold by
Uptown Ruby Llc
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,000
Outstanding Balance
$717,178
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2023
Closed on
May 9, 2023
Sold by
Schopen Melissa A
Bought by
United Colorado Llc
Seller's Agent
Diane Clark
CSI Properties
List Price
$820,000
Sold Price
$760,000
Premium/Discount to List
-$60,000
-7.32%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
10.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2010
Sold by
Schopen Melissa A
Bought by
Schopen Melissa A

Purchase Details

Closed on
Sep 30, 2010
Sold by
Schopen Melissa A and Estate Of Sara A Shaffer
Bought by
Schopen Melissa A

Purchase Details

Closed on
Oct 25, 2002
Sold by
Shaffer Boyd G and Schopen Melissa A
Bought by
Shaffer Sara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,200
Interest Rate
6.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 9, 2001
Sold by
Shaffer Boyd G and Schopen Melissa A
Bought by
Shaffer Boyd G and Schopen Melissa A

Purchase Details

Closed on
Dec 15, 2000
Sold by
Shaffer Sara A
Bought by
Shaffer Boyd G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,250
Interest Rate
7.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 27, 2000
Sold by
Stack Thomas R
Bought by
Shaffer Sara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,250
Interest Rate
7.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 1993
Bought by
Schopen Melissa A and Schopen David F
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Land Title
United Colorado Llc $760,000 Stewart Title
Uptown Ruby Llc $759,000 None Listed On Document
Schopen Melissa A -- None Available
Schopen Melissa A -- None Available
Shaffer Sara A -- Longmont Title
Shaffer Boyd G -- --
Shaffer Boyd G -- --
Shaffer Sara A $283,000 --
Schopen Melissa A $126,800 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $736,000
Previous Owner Uptown Ruby Llc $610,000
Previous Owner Shaffer Sara A $214,200
Previous Owner Shaffer Sara A $212,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/09/2023 05/09/23 Sold $760,000 -7.3% $237 / Sq Ft
04/19/2023 04/19/23 For Sale $820,000 -- $255 / Sq Ft
Source: IRES MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,581 $57,841 $14,756 $43,085
2025 $5,581 $57,841 $14,756 $43,085
2024 $5,618 $53,163 $13,563 $39,600
2023 $5,541 $58,732 $16,087 $46,331
2022 $4,105 $41,480 $12,648 $28,832
2021 $4,250 $43,615 $13,299 $30,316
2020 $4,098 $42,185 $13,299 $28,886
2019 $4,033 $42,185 $13,299 $28,886
2018 $3,249 $34,200 $11,880 $22,320
2017 $3,204 $37,810 $13,134 $24,676
2016 $2,940 $30,757 $11,462 $19,295
2015 $2,802 $22,797 $7,482 $15,315
2014 $2,129 $22,797 $7,482 $15,315
Source: Public Records

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Map

Source: IRES MLS

MLS Number: IRE985393

IRES MLS

APN: 1315-15-2-02-020

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