NOT LISTED FOR SALE
4 Beds
2 Baths
2,922 Sq Ft
9,435 Sq Ft Lot

Last Sold December 18, 2020

Last sale price $765,000 $262 Per Sq Ft

148 Days on Market

Highlights

  • 0.22 Acre Lot
  • Cathedral Ceiling
  • Double Pane Windows
  • Rocky Mountain High School Rated A-
  • No HOA
  • Air Conditioning

About This Home

As of December 2020

Great Rental with almost zero vacancy. High demand 2 bedroom units with vaulted ceilings upstairs and large garden daylight windows in lower unit. Has Laundry that could be changed to coin operated for additional income. Leases: Unit B is up at end of July if owner wanted to reside and rent others (great FHA or VA vehicle) and room to move rent up to others. Unit A and Unit C is good thru May 2021, and Unit D is thru April 2021. Updated all four units with newer lighting, six panel doors, carpet etc. Siding was done 2 years ago with Roof 3 years ago. Boiler is easily maintained and all four electric panels have been updated to square D panels. All vinyl windows and each unit has built in Air conditioning Unit. Seller is an LLC whereas broker has a financial interest in. Great access to recreation area including Horsetooth Reservoir and bus route to Campus and Old Town Fort Collins within the block.

Last Agent to Sell the Property

Kevin Wilcox

Wilcox Real Estate Listed on: 06/17/2020

Last Buyer's Agent

Robert Jones

Group Mulberry

Group Mulberry

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,722

Year Built

  • Built in 1973

Lot Details

  • 9,435 Sq Ft Lot
  • East Facing Home
  • Partially Fenced Property
  • Wood Fence

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,922 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Double Pane Windows
  • Window Treatments
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Location

  • Mineral Rights

Schools

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

Utilities

  • Air Conditioning
  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, electricity
  • Assessor Parcel Number R0177075

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Stadium Heights Subdivision

Building Details

  • Gross Income $64,800
  • Net Operating Income $55,501

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,722

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Year Built: 1973
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.22
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Stadium Heights
  • Directions: Go west on Prospect to Overland and turn south to Pecan. GO east on Pecan until 1907 on the west side of street.
  • Unit Levels: Bi-Level
  • New Construction: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: 2 or more H20 Heaters, Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: Full
  • Total Bedrooms: 4
  • Interior Amenities: Satellite Avail, High Speed Internet, Separate Dining Room, Cathedral/Vaulted Ceilings
  • Window Features: Window Coverings, Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Wood
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Mineral Rights Included, Within City Limits
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Direction Faces: East
  • Exterior Features: Lighting
  • Other Structures: Storage
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, Separate Meter Electricity, www.fcgov.com
  • Heating: Hot Water, Baseboard, Zoned
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, City of Fort Collins
  • Gas Company: Natural Gas, Master Meter-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: Bauder
  • HighSchool: Rocky Mountain
  • Junior High Dist: Poudre
  • Middle Or Junior School: Webber

Lot Info

  • Zoning: MMN
  • Lot Size Sq Ft: 9435
  • Parcel #: R0177075
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Electricity

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3722

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 64800
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 9299.1

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2021 04/07/21 Off Market $765,000 -- --
12/31/2020 12/31/20 Off Market $765,000 -- --
12/18/2020 12/18/20 Sold $765,000 -4.3% $262 / Sq Ft
10/21/2020 10/21/20 Price Changed $799,000 -3.2% $273 / Sq Ft
06/17/2020 06/17/20 For Sale $825,000 -- $282 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 915364

IRES MLS