NOT LISTED FOR SALE

Estimated Value: $1,657,000 - $2,607,142

5 Beds
5 Baths
13,199 Sq Ft
$159/Sq Ft Est. Value

Last Sold January 09, 2014

Last sale price $640,000 $48 Per Sq Ft

Est. 228% increase in value since last sale

Current estimated payment $11,906/month

119 Days on Market

Highlights

  • Barn or Stable
  • 6.2 Acre Lot
  • Wooded Lot
  • Spa
  • Multiple Fireplaces
  • Corner Lot

About This Home

As of January 2014

Bank is considering 5 offers. Any offer submitted after Monday, 12/2/13, will be considered only as a potential back-up offer. Historic Cherry Mill is back on the market! This unique and sprawling property needs significant repair to make it habitable; however, there are wonderful details of times past, and the potential is endless for those with vision. 200x106 sf riding arena/barn. Daytime showings only, as there is no electricity. List Date: August 13, 2013

Last Agent to Sell the Property

Kim Irwin

Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins Listed on: 08/13/2013

Last Buyer's Agent

Mary Ann Michels

Group Mulberry

Group Mulberry

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 6.2 Acre Lot
  • Wood Fence
  • Corner Lot
  • Wooded Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Dwelling with Rental
  • Fixer Upper
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof
  • Metal Roof

Interior Spaces

  • 13,199 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Window Treatments
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite
  • 5 Bathrooms

Outdoor Features

  • Spa
  • Patio
  • Outdoor Storage

Schools

  • Tavelli Elementary School
  • Cache La Poudre Middle School
  • Poudre High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Tack Room
  • Barn or Stable
  • Arena

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • Green Energy Fireplace or Wood Stove
  • Pasture

Community Details

  • No Home Owners Association
  • Highland Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number R1352105

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Parking

4

Listing Details

  • Year Built: 1954
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 6.2
  • Subdivision Name: Highland Place
  • Directions: North on College Ave. to Highway 1 (Terry Lake Rd) North to Gregory Rd. NE intersection of Terry Lake Road and Gregory Road.
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Includes Rental Unit
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 13199
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Possible Use: Single Family, Farm
  • Private Spa: No
  • Appliances: Refrigerator
  • Has Basement: Full
  • Total Bedrooms: 5
  • Fireplace Features: 2+ Fireplaces
  • Fireplace: Yes
  • Interior Amenities: In-Law Floorplan
  • Window Features: Window Coverings
  • IRESDS_HasFamilyRoom: No
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Tile Floor
  • Master Bathroom Features: Luxury Features Primary Bath
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Composition, Metal
  • Fencing: Fenced, Wood
  • Lot Features: Corner Lot, Wooded
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Exterior Features: Hot Tub Included
  • Other Structures: Storage
  • Patio And Porch Features: Patio
  • Property Condition: Fixer, Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Electric: Electric, REA
  • Heating: Forced Air, Hot Water, Baseboard, Wood Stove, 2 or more Heat Sources
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: District Sewer
  • Water Source: District Water, ELCO
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Tavelli
  • HighSchool: Poudre
  • Junior High Dist: Poudre
  • Middle Or Junior School: Cache La Poudre

Lot Info

  • Zoning: Res
  • Current Use: Zoning Appropriate for 4+ Horses
  • Horse Amenities: Barn with 1-2 Stalls, Barn with 3+ Stalls, Pasture, Arena, Tack Room
  • Lot Size Sq Ft: 270072
  • Parcel #: R1352105
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 15051.94

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2013
Closed on
Jan 3, 2014
Sold by
U S Bank National Association
Bought by
Mcmahan Andrew J and Huntley Bt
Seller's Agent
Kim Irwin
Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins
Buyer's Agent
Mary Ann Michels
Group Mulberry
List Price
$893,850
Sold Price
$640,000
Premium/Discount to List
-$253,850
-28.4%
Current Estimated Value
$2,099,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,459,536
Avg. Annual Appreciation
10.39%

Purchase Details

Closed on
May 2, 2013
Sold by
Barghelame Ayoub and Barghelame Mary
Bought by
U S Bank National Association

Purchase Details

Closed on
Apr 29, 2005
Sold by
Scott Sandy and Smith Patricia M
Bought by
Barghelame Ayoub and Barghelame Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,900
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcmahan Andrew J $640,000 None Available
U S Bank National Association -- None Available
Barghelame Ayoub -- --
Barghelame Ayoub $1,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barghelame Ayoub $999,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $640,000 -- --
01/09/2014 01/09/14 Sold $640,000 -28.4% $48 / Sq Ft
12/10/2013 12/10/13 Pending -- -- --
08/13/2013 08/13/13 For Sale $893,850 -- $68 / 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 $12,436 $131,622 $7,370 $124,252
2024 $11,840 $131,622 $7,370 $124,252
2022 $9,566 $100,219 $7,645 $92,574
2021 $7,679 $82,039 $7,865 $74,174
2020 $8,730 $92,478 $7,865 $84,613
2019 $8,770 $92,478 $7,865 $84,613
2018 $9,813 $106,733 $7,920 $98,813
2017 $9,780 $106,733 $7,920 $98,813
2016 $6,493 $70,510 $8,756 $61,754
2015 $6,447 $70,510 $8,760 $61,750
2014 $5,756 $62,550 $5,970 $56,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE716988

IRES MLS

APN: 98253-19-001