NOT LISTED FOR SALE

Estimated Value: $466,832

4 Beds
2 Baths
1,637 Sq Ft
$285/Sq Ft Est. Value

Sale Details

Date Sold: February 21, 2020

Last sale price $390,000 $238 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,758 / mo

46 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Brick Veneer
  • Fenced

About This Home

As of February 2020

Looking to earn some passive income? Come check out this turn key special. This duplex is in a prime location with excellent income potential. Each unit has 2 bedrooms, 1 bath, 1 car garage & central air. Bathrooms in each unit were just updated. Newer roof, gutters and windows. Both units are currently leased. Don't pass up this money maker.

Last Agent to Sell the Property

T.R. Smith

Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins License #100042542 Listed on: 12/02/2019

Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins

Co-Listed By

Barb Etherton

Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins

Last Buyer's Agent

Jennifer Reinhardt

Atlas Real Estate Group

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,513

Year Built

  • Built in 1970

Lot Details

  • 6,000 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,637 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Centennial Elementary School
  • Ball Middle School
  • Mountain View High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0335711

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Mckee Meadows Subdivision

Building Details

  • Gross Income $28,809
  • Net Operating Income $25,296

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,513

Year Built

Built in 1970

Lot Details

6,000 Sq Ft Lot

Listing Details

  • Year Built: 1970
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: PRMFC
  • Subdivision Name: Mckee Meadows
  • Directions: From N Lincoln turn onto 16th Street. Property will be on the left.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1637
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: 2 or more H20 Heaters, Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: Crawl Space
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Curbs, Sidewalks, Fire Hydrant within 500 Feet
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric
  • Heating: Forced Air, 2 or more Heat Sources
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Loveland
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Centennial (R2-J),Monroe
  • HighSchool: Mountain View
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Ball (Conrad)

Lot Info

  • Zoning: R3E
  • Lot Size Sq Ft: 6000
  • Parcel #: R0335711
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1513

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28809

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

Listed on
Dec 2, 2019
Closed on
Feb 21, 2020
Sold by
Bought by
Seller's Agent
T.R. Smith
Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins
Buyer's Agent
Jennifer Reinhardt
Atlas Real Estate Group
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%
Current Estimated Value
$466,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,832
Avg. Annual Appreciation
2.83%
Original Mortgage
$292,500
Outstanding Balance
$253,952
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$212,880

Purchase Details

Closed on
Jan 22, 2019
Sold by
Bought by

Purchase Details

Listed on
Feb 12, 2018
Closed on
Mar 30, 2018
Sold by
Bought by
Seller's Agent
Terry Wiedeman
Kreps Wiedeman
Buyer's Agent
T.R. Smith
Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins
List Price
$375,000
Sold Price
$371,000
Premium/Discount to List
-$4,000
-1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Original Mortgage
$278,250
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

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
$390,000 Land Title Guarantee Co
-- None Available
$371,000 Stewart Title
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 $292,500
Previous Owner $278,250
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 Prior Sale
05/24/2020 05/24/20 Off Market $390,000 -- --
02/21/2020 02/21/20 Sold $390,000 -2.5% $238 / Sq Ft
12/02/2019 12/02/19 For Sale $400,000 +7.8% $244 / Sq Ft
01/28/2019 01/28/19 Off Market $371,000 -- --
04/02/2018 04/02/18 Sold $371,000 -1.1% $227 / Sq Ft View Prior Sale
02/14/2018 02/14/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $375,000 -- $229 / 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
2025 $2,335 $28,801 $7,813 $20,988
2024 $2,252 $32,937 $8,375 $24,562
2022 $2,059 $25,881 $6,392 $19,489
2021 $2,163 $27,213 $6,721 $20,492
2020 $2,024 $25,461 $6,721 $18,740
2019 $1,990 $25,461 $6,721 $18,740
2018 $1,513 $18,382 $4,320 $14,062
2017 $1,305 $18,418 $4,320 $14,098
2016 $1,127 $15,363 $2,945 $12,418
2015 $1,118 $15,370 $2,950 $12,420
2014 $1,086 $14,440 $2,950 $11,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE899702

IRES MLS

APN: 85073-08-005

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