$465,000
SOLD APR 5, 2019

1617 Azalea Dr Fort Collins, CO 80526

Stadium Heights Neighborhood
4 Beds
2 Baths
1,808 Sq Ft
9,359 Sq Ft Lot

Recently Sold

$257 Per Sq Ft

2% Below List Price

9 Days on Market

Highlights

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

About This Home

As of November 2021

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 & fully fenced private yards. NEWER roof (July 2018) & newer garage doors. Unit 1617 has updated vinyl wood look flooring. 5-minute drive or 15-minute bike ride to CSU. Includes a First American Home Warranty. Great rental rates...unit 1617 is leased for $1,425/month and unit 1619 is leased for $1,400/month, both through July 2019.

Last Agent to Sell the Property

Chris McElroy

Group Harmony Listed on: 02/14/2019

Group Harmony

Last Buyer's Agent

Dan Bode

Your Castle Real Estate LLC

Your Castle Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,267

Year Built

  • Built in 1969

Lot Details

  • 9,359 Sq Ft Lot
  • East Facing Home
  • Chain Link Fence
  • Level Lot

Home Design

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

Interior Spaces

  • 1,808 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Window Treatments

Kitchen

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

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 R0175803

Community Details

Overview

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

Building Details

  • Gross Income $33,900
  • Net Operating Income $27,387

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.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Legal Conforming, Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1808
  • Special Features: None
  • Stories: 1

Interior Features

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

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Chain Link
  • Lot Features: Curbs, Gutters, Sidewalks, Level
  • Waterfront: No
  • Construction Type: Wood/Frame, 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

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: 9359
  • Parcel #: R0175803
  • 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: 33900
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 6513

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2022
Sold by
Elevated Structural Decks Inc
Bought by
Pall Properties Llc
Current Estimated Value
$639,438

Purchase Details

Listed on
Oct 17, 2021
Closed on
Nov 1, 2021
Sold by
Buckner Colorado Rentlas Llc
Bought by
Elevated Structural Decks Inc
Seller's Agent
Dan Bode
Your Castle Real Estate LLC
Buyer's Agent
Taylor Dye
Group Harmony
List Price
$600,000
Sold Price
$620,000
Premium/Discount to List
$20,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.03%

Purchase Details

Closed on
Jun 11, 2020
Sold by
Buckner Todd and Buckner Lisa
Bought by
Buckner Colorado Rentals Llc

Purchase Details

Listed on
Feb 14, 2019
Closed on
Apr 5, 2019
Sold by
Bonner Investments Llc
Bought by
Todd Bugkneh and Buckner Lisa
Seller's Agent
Chris McElroy
Group Harmony
Buyer's Agent
Dan Bode
Your Castle Real Estate LLC
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$348,750
Interest Rate
4.3%
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

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $620,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Warranty Deed $465,000 Land Title Guarantee Co
Quit Claim Deed -- --
Warranty Deed $262,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $348,750 New Conventional
Previous Owner $163,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2022 02/02/22 Off Market $620,000 -- --
11/01/2021 11/01/21 Sold $620,000 +3.3% $342 / Sq Ft
10/19/2021 10/19/21 For Sale $600,000 +29.0% $331 / Sq Ft
07/04/2019 07/04/19 Off Market $465,000 -- --
04/05/2019 04/05/19 Sold $465,000 -2.1% $257 / Sq Ft
02/14/2019 02/14/19 For Sale $475,000 -- $263 / 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 $3,473 $39,885 $2,680 $37,205
2024 $3,305 $39,885 $2,680 $37,205
2022 $2,756 $29,186 $2,720 $26,466
2021 $2,846 $30,688 $2,860 $27,828
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

  • Dan Bode

    Seller's Agent in 2021

    Dan Bode

    Your Castle Real Estate LLC

    (970) 290-6164

    2 in this area

    36 Total Sales

    Dan Bode
    Section Image
  • Taylor Dye

    Buyer's Agent in 2021

    Taylor Dye

    Group Harmony

    (970) 691-5690

    1 in this area

    125 Total Sales

    Taylor Dye
    Section Image
  • Chris McElroy

    Seller's Agent in 2019

    Chris McElroy

    Group Harmony

    (970) 227-5102

    74 Total Sales

    Chris McElroy
    Section Image
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Map

Source: IRES MLS

MLS Number: 872286

IRES MLS

APN: 97212-06-004

Colorado Larimer County Fort Collins 80526 Stadium Heights

1617 Azalea Dr, Fort Collins, CO

This home is located at 1617 Azalea Dr, Fort Collins, CO 80526 and is currently priced at $465,000, approximately $257 per square foot. This property was built in 1969. 1617 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.

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