NOT LISTED FOR SALE

1616 Palm Dr Fort Collins, CO 80526

Stadium Heights Neighborhood

Estimated Value: $581,000 - $613,000

4 Beds
2 Baths
1,968 Sq Ft
$303/Sq Ft Est. Value

Last Sold March 16, 2012

Last sale price $233,500 $119 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $3,511/month

6 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 March 2012

Great investment opportunity! Ranch style duplex ready for you. Each side has 2 bedrooms and 1 bathroom. Eat-in kitchen with lots of cabinet space. Fully fenced in backyard. Shows great - awesome condition! Both units lease is thru 7/28/12. See listing Realtor for variable rent. KItchen 15x9, Bed 1 12x10, Bed 2 14x10, Living Room 22x14. Buyers must agree to keep Kevco as property manager thru July 31, 2013.

Last Agent to Sell the Property

Tami Spaulding

Group Harmony Listed on: 01/27/2012

Group Harmony

Last Buyer's Agent

Tracey Ryk

Group Harmony

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,506

Year Built

  • Built in 1970

Lot Details

  • 9,000 Sq Ft Lot
  • West Facing Home
  • Chain Link Fence
  • Level Lot

Home Design

  • Duplex
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 1,968 Sq Ft Home
  • 1-Story Property
  • Window Treatments

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Additional Features

  • Patio
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0176320

Community Details

Overview

  • No Home Owners Association
  • Elliot Miller Subdivision

Building Details

  • Gross Income $21,840
  • Net Operating Income $19,854

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,506

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Year Built: 1970
  • 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: Elliot-Miller
  • Directions: From Horsetooth Rd, N. on Taft, W. on Prospect to Palm Drive.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1968
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: None
  • Total Bedrooms: 4
  • Interior Amenities: Eat-in Kitchen
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Chain Link
  • Lot Features: Curbs, Gutters, Sidewalks, Level
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Heating: Forced Air
  • Utilities: Natural Gas Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of FTC
  • 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: Bauder
  • HighSchool: Rocky Mountain
  • Junior High Dist: Poudre
  • Middle Or Junior School: Blevins

Lot Info

  • Zoning: MMN
  • Lot Size Sq Ft: 9000
  • Parcel #: R0176320
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1506

Multi Family

  • Annual Gross Income: 21840
  • Annual Operating Expense: 1986

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2012
Closed on
Mar 13, 2012
Sold by
Co Ohio Investments Llc
Bought by
New Direction Ira Inc and Ndira Inc Fbo Account #1006811
Seller's Agent
Tami Spaulding
Group Harmony
Buyer's Agent
Tracey Ryk
Group Harmony
List Price
$237,500
Sold Price
$233,500
Premium/Discount to List
-$4,000
-1.68%
Current Estimated Value
$587,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,571
Avg. Annual Appreciation
7.25%

Purchase Details

Closed on
Nov 17, 2006
Sold by
Better Charles M and Betters Nancy S
Bought by
Co Ohio Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,750
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1984
Bought by
Betters Charles M
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
New Direction Ira Inc $233,500 Tggt
Co Ohio Investments Llc $235,000 None Available
Betters Charles M $70,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Co Ohio Investments Llc $152,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $233,500 -- --
03/16/2012 03/16/12 Sold $233,500 -1.7% $119 / Sq Ft
02/15/2012 02/15/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $237,500 -- $121 / 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 $3,558 $40,763 $2,680 $38,083
2024 $3,385 $40,763 $2,680 $38,083
2022 $2,837 $30,049 $2,720 $27,329
2021 $2,931 $31,596 $2,860 $28,736
2020 $3,006 $32,132 $2,860 $29,272
2019 $3,019 $32,132 $2,860 $29,272
2018 $2,415 $26,496 $2,880 $23,616
2017 $2,407 $26,496 $2,880 $23,616
2016 $1,707 $18,698 $3,184 $15,514
2015 $1,695 $18,690 $3,180 $15,510
2014 $1,584 $17,360 $3,180 $14,180
Source: Public Records

Agents Affiliated with this Home

  • Tami Spaulding

    Seller's Agent in 2012

    Tami Spaulding

    Group Harmony

    (970) 215-6978

    3 in this area

    174 Total Sales

    Section Image

  • T

    Buyer's Agent in 2012

    Tracey Ryk

    Group Harmony

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Map

Source: IRES MLS

MLS Number: 672247

IRES MLS

APN: 97212-15-010

Colorado Larimer County Fort Collins 80526 Stadium Heights

1616 Palm Dr, Fort Collins, CO

This home is located at 1616 Palm Dr, Fort Collins, CO 80526 since 27 January 2012 and is currently estimated at $596,545, approximately $303 per square foot. This property was built in 1970. 1616 Palm 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.

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