NOT LISTED FOR SALE

Estimated Value: $586,000 - $635,000

6 Beds
2 Baths
1,968 Sq Ft
$314/Sq Ft Est. Value

Last Sold March 19, 2012

Last sale price $255,000 $130 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $3,580/month

3 Days on Market

Highlights

  • No HOA
  • Riffenburgh Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of March 2012

Wonderful investment opportunity in a great Fort Collins location. Fully rented duplex - each side has 3 bed, 1 bath, 1 car attached garage & back yard. Wonderful rental history. Current leases in place for each unit through July 31, 2012. Only Unit A available for showings, 24 hour notice minimum for tenants

Last Agent to Sell the Property

Dennis Schick

RE/MAX Alliance-FTC South Listed on: 02/10/2012

RE/MAX Alliance-FTC South

Last Buyer's Agent

Pam Standen

Pam Standen

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,505

Year Built

  • Built in 1972

Lot Details

  • 9,130

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 6 Bedrooms
  • 1,968 Sq Ft Home
  • 4-Story Property
  • Window Treatments
  • Partial Basement
  • Electric Oven or Range

Schools

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

Additional Features

  • 9,130 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0004715

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Edora Acres Subdivision

Building Details

  • Gross Income $20,100
  • Net Operating Income $18,595

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,505

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Year Built: 1972
  • 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, Asphalt
  • Subdivision Name: Edora Acres
  • Directions: From Lemay and Prospect turn east on Prospect, south on Edora
  • Unit Levels: Four-Level
  • New Construction: No
  • Building Stories: 4
  • Structure Type: Duplex
  • Special Features: None
  • Stories: 4

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven
  • Has Basement: Partial
  • Total Bedrooms: 6
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, City
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

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

Lot Info

  • Zoning: MMN
  • Lot Size Sq Ft: 9130
  • Parcel #: R0004715
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1505

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 20100
  • Annual Operating Expense: 1505

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2012
Closed on
Mar 19, 2012
Sold by
Harris Robin M
Bought by
Brinks Ellen
Seller's Agent
Dennis Schick
RE/MAX Alliance-FTC South
Buyer's Agent
Pam Standen
Pam Standen
List Price
$255,000
Sold Price
$255,000
Total Days on Market
3
Current Estimated Value
$617,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,244
Avg. Annual Appreciation
6.90%
Original Mortgage
$191,250
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2005
Sold by
Stratton Gary M and Stratton Marjorie E
Bought by
Harris Robin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,400
Interest Rate
5.67%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 4, 1997
Sold by
Bingo Michael J Yen Y
Bought by
Stratton Gary M and Stratton Marjorie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.63%
Source: Public Records

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Range of Values:

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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
Brinks Ellen $255,000 None Available
Harris Robin M $234,250 Security Title
Stratton Gary M $154,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brinks Ellen $167,500
Closed Brinks Ellen $167,500
Closed Brinks Ellen $191,250
Previous Owner Harris Robin M $187,400
Previous Owner Harris Robin M $46,850
Previous Owner Stratton Gary M $212,013
Previous Owner Stratton Gary M $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $255,000 -- --
03/19/2012 03/19/12 Sold $255,000 0.0% $130 / Sq Ft
02/18/2012 02/18/12 Pending -- -- --
02/10/2012 02/10/12 For Sale $255,000 -- $130 / 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
2025 $3,644 $41,667 $1,340 $40,327
2024 $3,468 $41,667 $1,340 $40,327
2022 $2,649 $28,057 $1,360 $26,697
2021 $2,736 $29,501 $1,430 $28,071
2020 $2,952 $31,553 $1,430 $30,123
2019 $2,965 $31,553 $1,430 $30,123
2018 $2,649 $29,066 $1,440 $27,626
2017 $2,640 $29,066 $1,440 $27,626
2016 $1,819 $19,924 $1,592 $18,332
2015 $1,806 $19,920 $1,590 $18,330
2014 $1,801 $19,740 $1,590 $18,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 673150

IRES MLS

APN: 87191-05-023