NOT LISTED FOR SALE

Estimated Value: $397,000 - $509,000

2 Beds
1 Bath
720 Sq Ft
$615/Sq Ft Est. Value

Last Sold August 27, 2014

Last sale price $183,000 $254 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $2,654/month

22 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 1-Story Property
  • Eat-In Kitchen

About This Home

As of August 2014

Wonderful investment opportunity. Great location close to CSU and City Park. Recently remodeled 2 bedroom home on corner lot with mature landscaping. Leased through July 2015.

Last Listed By

Nathan Weinland

RE/MAX Alliance-FTC South Listed on: 08/05/2014

RE/MAX Alliance-FTC South

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $951

Year Built

  • Built in 1956

Lot Details

  • 7,274

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Dunn Elementary School
  • Lincoln Middle School
  • Poudre High School

Additional Features

  • 7,274 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0074608

Community Details

Overview

  • No Home Owners Association
  • Miller Brothers Subdivision

Building Details

  • Gross Income $13,910
  • Net Operating Income $12,609

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$951

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Year Built: 1956
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Miller Brothers
  • Directions: From Shields turn west on Mulberry, south on City Park, west on Crestmore to property
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 2
  • Interior Amenities: Eat-in Kitchen
  • 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 of FTC
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • 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

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Dunn
  • HighSchool: Poudre
  • Junior High Dist: Poudre
  • Middle Or Junior School: Lincoln

Lot Info

  • Zoning: RL
  • Lot Size Sq Ft: 7274
  • Parcel #: R0074608
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 951

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 13909.8
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 1301

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2014
Closed on
Aug 27, 2014
Sold by
Keyworth Mark and Mawhinney Robert J
Bought by
Cure Jeffrey and Cure Grace
Seller's Agent
Nathan Weinland
RE/MAX Alliance-FTC South
Buyer's Agent
Lara Williams
The Green Team Real Estate
List Price
$185,000
Sold Price
$183,000
Premium/Discount to List
-$2,000
-1.08%
Total Days on Market
22
Current Estimated Value
$442,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,667
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
Feb 28, 2010
Sold by
Keyworth Teresa M and Mawhinney Patrick R
Bought by
Keyworth Teresa M and Keyworth Mark

Purchase Details

Closed on
Dec 23, 1998
Sold by
Mawhinney Teresa M
Bought by
Mawhinney Teresa M and Mawhinney Patrick R

Purchase Details

Closed on
Sep 1, 1992
Sold by
Miller Lydia Est Of
Bought by
Mawhinney Teresa M

Range of Values:

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Average Value
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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
Cure Jeffrey $183,000 Land Title Guarantee Company
Keyworth Teresa M -- None Available
Mawhinney Teresa M -- --
Mawhinney Teresa M $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cure Jeffrey $649,500
Closed Cure Jeffrey $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $183,000 -- --
08/27/2014 08/27/14 Sold $183,000 -1.1% $254 / Sq Ft
08/05/2014 08/05/14 For Sale $185,000 -- $257 / 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 $2,255 $27,182 $2,546 $24,636
2024 $2,145 $27,182 $2,546 $24,636
2022 $1,887 $19,988 $2,641 $17,347
2021 $1,907 $20,563 $2,717 $17,846
2020 $1,521 $16,252 $2,717 $13,535
2019 $1,527 $16,252 $2,717 $13,535
2018 $1,308 $14,350 $2,736 $11,614
2017 $1,303 $14,350 $2,736 $11,614
2016 $1,088 $11,916 $3,025 $8,891
2015 $1,080 $11,910 $3,020 $8,890
2014 $950 $10,410 $3,020 $7,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 743877

IRES MLS

APN: 97151-12-021