NOT LISTED FOR SALE

Estimated Value: $717,000 - $731,000

7 Beds
3 Baths
3,856 Sq Ft
$187/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $726,500 $188 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,203/month

4 Days on Market

Highlights

  • 0.2 Acre Lot
  • Open Floorplan
  • Double Pane Windows
  • Rocky Mountain High School Rated A-
  • No HOA
  • Brick Veneer

About This Home

As of March 2022

1960 - 1962.5 Pecan is a single-story brick tri-plex with two fenced back yards backing to open space with views of the foothills. The backyards were recently upgraded with sod, lawn sprinkler/irrigation system & landscaping/hardscaping to give this property great curb appeal and create a wonderful outdoor environment for the tenants. Located in a sought-after west side location offering quick access to Horsetooth Reservoir and hiking/biking trails, this property is well poised for future rent rate growth. Only 2.3 miles to CSU campus and 4.5 miles to all the shops & restaurants in Old Town. The building received a new roof in late 2017, and additional upgrades include double-pane windows, LVT flooring (2018), new interior paint (2018), clothes washers/dryers (2018), & exterior all-weather LED lighting (2020). Main floor units feature high efficiency gas forced-air heat & tankless hot water heaters. Basement has electric utilities. Oversized 2-car car garage services 1962 unit.

Last Agent to Sell the Property

Greg Roeder

LIV Sotheby's Intl Realty Listed on: 03/08/2022

LIV Sotheby's Intl Realty

Last Buyer's Agent

Madalyn Winner

LIV Sotheby's Intl Realty

LIV Sotheby's Intl Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,477

Year Built

  • Built in 1972

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced
  • Sprinkler System

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,856 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Window Treatments
  • Partial Basement

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, trash collection
  • Assessor Parcel Number R0177393

Community Details

Overview

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

Building Details

  • Gross Income $50,015
  • Net Operating Income $35,707

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,477

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Year Built: 1972
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.2
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: STADIUM HEIGHTS
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: Partial
  • Total Bedrooms: 7
  • Interior Amenities: Open Floorplan
  • Window Features: Window Coverings, Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, City of FTC
  • Heating: Forced Air, Baseboard
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Fort Collins
  • Gas Company: Natural Gas, Xcel Energy

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: NCM
  • Lot Size Sq Ft: 8712
  • Parcel #: R0177393
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3477

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 50014.8
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 14307.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2018
Sold by
Housing Authoirty Of The City Of Ford Co
Bought by
Renaissance Development Company Fund Llc
Total Days on Market
4
Current Estimated Value
$722,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Outstanding Balance
$299,747
Interest Rate
4.04%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$422,477
Source: Public Records

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Range of Values:

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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
Renaissance Development Company Fund Llc $465,000 Land Title Guarantee Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Renaissance Development Company Fund Llc $348,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2022 03/28/22 Sold $726,500 +0.2% $188 / Sq Ft
03/08/2022 03/08/22 For Sale $725,000 -- $188 / 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 $4,436 $49,272 $3,685 $45,587
2024 $4,222 $49,272 $3,685 $45,587
2022 $3,477 $35,081 $3,740 $31,341
2021 $3,477 $36,887 $3,933 $32,954
2020 $3,377 $35,522 $3,933 $31,589
2019 $3,391 $35,522 $3,933 $31,589
2018 $2,516 $48,238 $5,897 $42,341
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 960281

IRES MLS

APN: 97212-24-061