NOT LISTED FOR SALE

Estimated Value: $427,468 - $452,000

4 Beds
4 Baths
1,997 Sq Ft
$220/Sq Ft Est. Value

Last Sold June 19, 2019

Last sale price $349,500 $175 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,791/month

29 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Rocky Mountain High School Rated A-
  • Patio

About This Home

As of June 2019

Property is leased through July 31, 2020! Great Rental property and very close in proximity to CSU! This spacious and functional end-unit townhome is conveniently located near campus and on the bus route. Plenty of room to spread out with living areas on the main level and in the finished basement, and a deck off the kitchen. Two of the bedrooms have private baths and two share a bath. A key advantage to this unit is the attached garage and two car driveway. Showings 5/25 & 5/26

Last Agent to Sell the Property

Collin Rue

C3 Real Estate Solutions, LLC Listed on: 05/21/2019

C3 Real Estate Solutions, LLC

Last Buyer's Agent

Ryan De Haan

Group Mulberry

Group Mulberry

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,974

Year Built

  • Built in 1995

Lot Details

  • 1,977 Sq Ft Lot

HOA Fees

  • $195 Monthly HOA Fees

Home Design

  • Composition Roof
  • Composition Shingle

Interior Spaces

  • 1,997 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R1433938

Community Details

Overview

  • Association fees include trash, snow removal, utilities, maintenance structure
  • Summerhill Subdivision

Building Details

  • Gross Income $29,400
  • Net Operating Income $24,088

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,974

Year Built

Built in 1995

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Year Built: 1995
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.05
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Summerhill
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1997
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Full, 90%+ Finished Basement
  • Total Bedrooms: 4
  • Interior Amenities: Eat-in Kitchen
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks
  • Waterfront: No
  • Construction Type: Composition Siding
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Garage Door Opener

Utilities

  • Cooling: Central Air
  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Fort Collins
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Trash, Snow Removal, Utilities, Maintenance Structure
  • Senior Community: No
  • Association Fee: 195
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

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

Lot Info

  • Zoning: MMN
  • Lot Size Sq Ft: 1977
  • Parcel #: R1433938
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 1995
  • Tax Annual Amount: 1973.88

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 29400
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 5311.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Jun 19, 2019
Sold by
Rue Mark and Rue Diane
Bought by
Lake Family Limited Partnership Llc
Seller's Agent
Collin Rue
C3 Real Estate Solutions, LLC
Buyer's Agent
Ryan De Haan
Group Mulberry
List Price
$349,500
Sold Price
$349,500
Current Estimated Value
$437,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,565
Avg. Annual Appreciation
3.78%

Purchase Details

Listed on
May 12, 2016
Closed on
Jun 17, 2016
Sold by
Taras Mark and Taras Marianne S
Bought by
Rue Mark and Rue Diane
Seller's Agent
Jodi Pollack
RE/MAX Advanced Inc.
Buyer's Agent
Collin Rue
C3 Real Estate Solutions, LLC
List Price
$260,000
Sold Price
$277,500
Premium/Discount to List
$17,500
6.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$222,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2011
Sold by
Neuschaefer Kerrie L and Neuschaefer Klaus W
Bought by
Taras Mark and Taras Marianne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,175
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2009
Sold by
Nicols Sarah L
Bought by
Neuschaefer Kerrie L and Neuschaefer Klaus W

Purchase Details

Closed on
Nov 15, 2002
Sold by
Versteeg Paul T and Versteeg Elynn P
Bought by
Neuschaefer Kerrie L and Neuschaefer Klaus W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,410
Interest Rate
6%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 1999
Sold by
Armstrong Jesse L
Bought by
Versteeg Paul T and Versteeg Elynn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,400
Interest Rate
7.21%

Purchase Details

Closed on
Jun 23, 1999
Sold by
Armstrong James R
Bought by
Armstrong Jesse L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,400
Interest Rate
7.21%

Purchase Details

Closed on
Jan 1, 1996
Sold by
Spanjer Construction Corp
Bought by
Armstrong James R

Purchase Details

Closed on
Sep 1, 1995
Sold by
Jms Properties Ltd
Bought by
Spanjer Construction Corp
Source: Public Records

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
Lake Family Limited Partnership Llc $349,500 First American Title
Rue Mark $277,500 First American
Taras Mark $194,900 Fidelity National Title Insu
Neuschaefer Kerrie L -- None Available
Neuschaefer Kerrie L $175,600 --
Versteeg Paul T $149,900 Land Title
Armstrong Jesse L -- Land Title
Armstrong James R $125,300 --
Spanjer Construction Corp $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rue Mark $222,000
Previous Owner Taras Mark $146,175
Previous Owner Neuschaefer Kerrie L $160,410
Previous Owner Versteeg Paul T $112,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Off Market $349,500 -- --
06/19/2019 06/19/19 Sold $349,500 0.0% $175 / Sq Ft
05/21/2019 05/21/19 For Sale $349,500 +25.9% $175 / Sq Ft
01/28/2019 01/28/19 Off Market $277,500 -- --
06/17/2016 06/17/16 Sold $277,500 +6.7% $140 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $260,000 -- $132 / 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 $2,439 $29,105 $2,412 $26,693
2024 $2,321 $29,105 $2,412 $26,693
2022 $2,070 $21,927 $2,502 $19,425
2021 $2,092 $22,558 $2,574 $19,984
2020 $2,117 $22,623 $2,574 $20,049
2019 $2,126 $22,623 $2,574 $20,049
2018 $1,974 $21,658 $2,592 $19,066
2017 $1,967 $21,658 $2,592 $19,066
2016 $1,629 $17,839 $2,866 $14,973
2015 $1,617 $17,840 $2,870 $14,970
2014 $1,385 $15,180 $2,870 $12,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 881960

IRES MLS

APN: 97222-45-001