NOT LISTED FOR SALE

1609 Azalea Dr Fort Collins, CO 80526

Stadium Heights Neighborhood

Estimated Value: $537,030 - $673,000

4 Beds
2 Baths
1,802 Sq Ft
$339/Sq Ft Est. Value

Last Sold November 26, 2018

Last sale price $460,000 $255 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,531/month

3 Days on Market

Highlights

  • 0.21 Acre Lot
  • No HOA
  • Brick Veneer
  • Rocky Mountain High School Rated A-
  • Eat-In Kitchen
  • Patio

About This Home

As of November 2018

Excellent investment opportunity to acquire a side-by-side brick DUPLEX with solid leases in place! Each unit has 2 bedrooms/1 bathroom with an attached 1-car garage and fully fenced private yards. NEW roof and newer garage doors. NEW Hot Water Heater in 1611. 5-minute drive or 15-minute bike ride to CSU. Includes a First American Home Warranty. 1609 is leased for $1,400/month and 1611 is leased for $1,300/month, both through July 2019.

Last Agent to Sell the Property

Chris McElroy

Group Harmony Listed on: 10/09/2018

Group Harmony

Last Buyer's Agent

John Hanrahan

Group Harmony

Group Harmony

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,267

Year Built

  • Built in 1969

Lot Details

  • 9,270 Sq Ft Lot
  • East Facing Home
  • Chain Link Fence
  • Level Lot

Home Design

  • Duplex
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 1,802 Sq Ft Home
  • 1-Story Property
  • Window Treatments

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Bauder Elementary School
  • Blevins Middle School
  • Rocky Mountain High School

Utilities

  • Hot Water Heating System
  • Satellite Dish
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Property is near a bus stop

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0175790

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Elliott Miller Foothills West Subdivision

Building Details

  • Gross Income $32,400
  • Net Operating Income $25,917

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,267

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Year Built: 1969
  • 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: Elliott-Miller Foothills West
  • Directions: From Prospect and Taft Hill, W on Prospect, S/Left on Azalea, Duplex is third on the right
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Legal Conforming, Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Accessibility Features: Level Lot, Near Bus, No Stairs, Other Access, Main Floor Bath, Main Level Bedroom
  • Has Basement: None
  • Total Bedrooms: 4
  • Interior Amenities: Satellite Avail, Eat-in Kitchen
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Chain Link
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Level
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Direction Faces: East
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, City of FTC
  • Heating: Hot Water
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of FTC
  • Gas Company: Natural Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Bauder
  • HighSchool: Rocky Mountain
  • Junior High Dist: Poudre
  • Middle Or Junior School: Blevins

Lot Info

  • Zoning: MMN
  • Lot Size Sq Ft: 9270
  • Parcel #: R0175790
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2267

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 32400
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 6483

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2021
Sold by
Lobate Michael A and Labate Greg A
Bought by
Dunn John S and Iwane Christina I
Total Days on Market
3
Current Estimated Value
$611,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,375
Outstanding Balance
$356,616
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$264,624

Purchase Details

Listed on
Oct 9, 2018
Closed on
Nov 26, 2018
Sold by
Bonfer Investments Llc
Bought by
Labate Michael A and Labate Greg A
Seller's Agent
Chris McElroy
Group Harmony
Buyer's Agent
John Hanrahan
Group Harmony
List Price
$460,000
Sold Price
$460,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$345,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 1999
Sold by
Bonfer Investments
Bought by
Bonfer Investments Llc

Purchase Details

Closed on
May 1, 1985
Bought by
Bonfer Investments
Source: Public Records

Similar Homes in Fort Collins, CO

  • 1113 Cypress Dr, Fort Collins, CO 80521

    $624,900

    • 5 Beds
    • 2 Baths
    • 1,776 Sq Ft
    • 1113 Cypress Dr
    • Fort Collins, CO

    DUPLEX - Great opportunity for cash flow or offset your costs renting one unit and live in the other. Close to CSU (5 min drive / 12 minute bike ride), walk to Bauder Elementary and Overland Park. Unit 1113 Cypress (2bd, 1bath) has a tenant in place and 1115 Cypress (3 bed, 1 bath, 2 car garage) is rent and/or live-in ready. 1115 Cypress is available but expected rent is $2,100/mo. Fully leased,

    Kellen Harmon Home Savings Realty

    Section Image
  • 1127 W Mulberry St, Fort Collins, CO 80521

    $685,000

    • 5 Beds
    • 3 Baths
    • 2,172 Sq Ft
    • 1127 W Mulberry St
    • Fort Collins, CO

    Walking distance to City Park. Two houses on one lot! Great investment opportunity. Three- unit property perfectly located blocks away from CSU, Old Town and City Park. Unit 1 and 2 are Over/Under duplex in the front house. Both offer 2 bedrooms, 1 bathroom & laundry hook ups. Newer range/oven in upper unit. Unit 3 is located in the back house and offers 1 bedroom, 1 bathroom & office/craft room.

    Nicole Davis Resident Realty

    Section Image
  • 1018 Akin Ave, Fort Collins, CO 80521

    $679,000

    • 2 Beds
    • 2 Baths
    • 899 Sq Ft
    • 1018 Akin Ave
    • Fort Collins, CO

    What a charming and profitable fully legal side by side duplex in the heart Old Town! This money maker is mostly leased out fully furnished in 6-12 month Lease terms to those visiting the Choice City! The perfect location right in the Heart of it all, is so close to City Park, Downtown, & CSU. Keep for the income OR live in one side and cover most of your mortgage with/the other side rents!

    Michael Jensen Fort Collins Real Estate, LLC

    Section Image
  • 620 W Myrtle St, Fort Collins, CO 80521

    $699,000

    • 5 Beds
    • 2 Baths
    • 1,920 Sq Ft
    • 620 W Myrtle St
    • Fort Collins, CO

    Charming legal duplex on West Myrtle street. Never been vacant, just steps to CSU, all brick ranch with two units side by side, five bedrooms and two bathrooms with adorable 1960's details. Vertical slats between the living room and kitchen, original pink finishes in the bathroom, large bedrooms, washer / dryer in each unit. Low maintenance lot and property with new carpet, paint, wood floors

    Emily Heinz Downtown Real Estate Brokers

    Section Image
  • 1204 Pomona St, Fort Collins, CO 80521

    $575,000

    • 4 Beds
    • 2 Baths
    • 1,616 Sq Ft
    • 1204 Pomona St
    • Fort Collins, CO

    Don't miss this well-maintained duplex located just a few blocks from Old Town, around the corner from the Poudre River Trail, and a scenic natural area right across the street. Each unit offers 2 bedrooms and 1 full bathroom, with fresh interior paint, newer LVP flooring, and carpet throughout. A brand new roof was installed in 2024 for added peace of mind. Whether you're an investor or looking

    Steven Shafer The Crisafulli Group

    Section Image
  • 516 West St, Fort Collins, CO 80521

    $665,000

    • 4 Beds
    • 2 Baths
    • 1,724 Sq Ft
    • 516 West St
    • Fort Collins, CO

    Home buyers and Investors take notice - this is your chance to own a charming duplex just minutes from the heart of Old Town Fort Collins. Perfectly positioned in a peaceful setting with no rear neighbors abutting and a secluded canal offering a serene setting. Each side of this well-maintained ranch-style duplex includes its own attached garage, private fenced yard, and A/C. This is an ideal

    Nathaniel Duff Group Harmony

    Section Image
  • 230 N Sherwood St, Fort Collins, CO 80521

    $675,000

    • 4 Beds
    • 2 Baths
    • 1,800 Sq Ft
    • 230 N Sherwood St
    • Fort Collins, CO

    Prime investment opportunity in the heart of Fort Collins! Ideally located just three blocks away from the vibrant Old Town, this over-under duplex offers an outstanding rental history, making it a prime choice for investors or those seeking a personal home with an income-generating potential. Each unit has recently been remodeled and offers 2 bedrooms and 1 bathroom. With a significant lot size

    Rob Kittle Kittle Real Estate

    Section Image
  • 449 E Drake Rd, Fort Collins, CO 80525

    $675,000

    • 4 Beds
    • 2 Baths
    • 1,616 Sq Ft
    • 449 E Drake Rd
    • Fort Collins, CO

    Investor opportunity!! 4 bed, 2 bath duplex located in mid town Fort Collins! Separate units, with 2 beds, 1 bath a piece. Each have their own attached garage and backyards! Centrally located, you wont want to miss this one! Tons of opportunity!

    Jeff Theisen Harmony Brokers

    Section Image
  • 416 Stover St, Fort Collins, CO 80524

    $520,000

    • 3 Beds
    • 1 Bath
    • 1,012 Sq Ft
    • 416 Stover St
    • Fort Collins, CO

    Located in the green zone on the Fort Collins Short-Term Rental map. Leased through 10/31/25 at $2,100 per month. Zoned for a potential primary short-term rental! Lender offering additonal incentive toward closing costs or rate buy down. See attached document or contact your agent.This charming 3-bedroom, 1-bathroom home offers a prime location in the heart of highly sought-after Old Town Fort

    The Galbate Team Group Harmony

    Section Image
See All Homes in Fort Collins

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dunn John S -- None Listed On Document
Labate Michael A $460,000 Land Title Guarantee Co
Bonfer Investments Llc -- --
Bonfer Investments $262,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunn John S $393,375
Previous Owner Labate Michael A $345,000
Previous Owner Bonfer Investments Llc $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2019 02/25/19 Off Market $460,000 -- --
11/26/2018 11/26/18 Sold $460,000 0.0% $255 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $460,000 -- $255 / 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 $3,444 $39,577 $2,680 $36,897
2024 $3,277 $39,577 $2,680 $36,897
2022 $2,753 $29,158 $2,720 $26,438
2021 $2,844 $30,659 $2,860 $27,799
2020 $2,896 $30,952 $2,860 $28,092
2019 $2,909 $30,952 $2,860 $28,092
2018 $2,274 $24,955 $2,880 $22,075
2017 $2,267 $24,955 $2,880 $22,075
2016 $1,615 $17,687 $3,184 $14,503
2015 $1,603 $17,680 $3,180 $14,500
2014 $1,522 $16,680 $3,180 $13,500
Source: Public Records

Agents Affiliated with this Home

  • Chris McElroy

    Seller's Agent in 2018

    Chris McElroy

    Group Harmony

    (970) 227-5102

    79 Total Sales

    Chris McElroy
    Section Image
  • John Hanrahan

    Buyer's Agent in 2018

    John Hanrahan

    Group Harmony

    (970) 229-0700

    55 Total Sales

    John Hanrahan
    Section Image
See All Agents

Map

Source: IRES MLS

MLS Number: 864200

IRES MLS

APN: 97212-06-003

Colorado Larimer County Fort Collins 80526 Stadium Heights

1609 Azalea Dr, Fort Collins, CO

This home is located at 1609 Azalea Dr, Fort Collins, CO 80526 since 09 October 2018 and is currently estimated at $611,258, approximately $339 per square foot. This property was built in 1969. 1609 Azalea Dr is a home located in Larimer County with nearby schools including Bauder Elementary School, Blevins Middle School, and Rocky Mountain High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

Nearby Homes