NOT LISTED FOR SALE

Estimated Value: $520,693 - $661,000

2 Beds
1 Bath
1,864 Sq Ft
$325/Sq Ft Est. Value

Last Sold April 26, 2013

Last sale price $275,000 $148 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $3,451/month

2 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Eat-In Kitchen
  • Shepardson Elementary School Rated A-
  • Cul-De-Sac
  • Patio

About This Home

As of April 2013

Great Duplex in South East Fort Collins! Great investment property, FHA owner occupied, or houseing for your CSU Student! With todays interst rates and our apprciating market, this is a smart buy! New appliances, Paint, and carpet. One car garage for each unit and large fenced back yards with sprinkler system for both units! Showings will start 3/29/13. Please call agent if you have any questions. This one will go fast!

Last Agent to Sell the Property

Bret Lamperes

CO Home Retriever Listed on: 03/25/2013

Last Buyer's Agent

Russ Baca

Golba Group Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,728

Year Built

  • Built in 1985

Lot Details

  • 0.3 Acre Lot
  • Cul-De-Sac
  • South Facing Home
  • Wood Fence
  • Level Lot
  • Sprinkler System

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,864 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Free Standing Fireplace
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Riffenburgh Elementary School
  • Preston Middle School
  • Ft Collins High School

Additional Features

  • Low Pile Carpeting
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, trash collection
  • Assessor Parcel Number R0729582

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Meadows East Subdivision

Building Details

  • Gross Income $23,280
  • Net Operating Income $18,952

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,728

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Year Built: 1985
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.3
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Meadows East
  • Directions: Timberline to Drake, Drake west to 1st left, south to Abilene Ct, east to property on north side of street
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1864
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Accessibility Features: Level Lot, Low Carpet, Main Level Bedroom
  • Has Basement: None
  • Total Bedrooms: 2
  • Fireplace Features: Free Standing
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Open Floorplan
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Wood
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Lawn Sprinkler System, Cul-De-Sac, Level, Within City Limits
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Direction Faces: South
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, City
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Water Source: City Water, City
  • Gas Company: Natural Gas, PSC

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Riffenburgh
  • HighSchool: Ft Collins
  • Junior High Dist: Poudre
  • Middle Or Junior School: Preston

Lot Info

  • Zoning: Multi
  • Lot Size Sq Ft: 12935
  • Parcel #: R0729582
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1728

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 23280
  • Income Includes: ["Lease/Rents","Common Area Fees"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2013
Closed on
Apr 26, 2013
Sold by
The Christene L Solomon Revocable Trust
Bought by
Gibbons Stewart and Gibbons Christina
Seller's Agent
Bret Lamperes
CO Home Retriever
Buyer's Agent
Russ Baca
Golba Group Real Estate LLC
List Price
$300,000
Sold Price
$275,000
Premium/Discount to List
-$25,000
-8.33%
Current Estimated Value
$606,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,173
Avg. Annual Appreciation
6.52%
Original Mortgage
$180,000
Outstanding Balance
$128,632
Interest Rate
3.67%
Mortgage Type
New Conventional
Estimated Equity
$477,541

Purchase Details

Closed on
Jan 29, 1999
Sold by
Conlon Edward W Edward W
Bought by
Solomon Christene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.79%
Source: Public Records

Range of Values:

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Average Value
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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
Gibbons Stewart $275,000 Stewart Title
Solomon Christene L $198,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbons Stewart $180,000
Previous Owner Solomon Christene L $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $275,000 -- --
04/26/2013 04/26/13 Sold $275,000 -8.3% $148 / Sq Ft
03/27/2013 03/27/13 Pending -- -- --
03/25/2013 03/25/13 For Sale $300,000 -- $161 / 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 $3,338 $38,471 $2,412 $36,059
2024 $3,176 $38,471 $2,412 $36,059
2022 $2,731 $28,920 $2,448 $26,472
2021 $2,821 $30,409 $2,574 $27,835
2020 $2,737 $29,258 $2,574 $26,684
2019 $2,749 $29,258 $2,574 $26,684
2018 $2,475 $27,151 $2,592 $24,559
2017 $2,466 $27,151 $2,592 $24,559
2016 $1,961 $21,484 $2,866 $18,618
2015 $1,947 $21,490 $2,870 $18,620
2014 $1,674 $18,350 $2,870 $15,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 702832

IRES MLS

APN: 87301-17-199