NOT LISTED FOR SALE

Estimated Value: $981,000 - $1,130,000

8 Beds
4 Baths
4,041 Sq Ft
$265/Sq Ft Est. Value

Sale Details

Date Sold: November 5, 2020

Last sale price $725,000 $179 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,285 / mo

45 Days on Market

Highlights

  • City View
  • Wooded Lot
  • Victorian Architecture
  • Lesher Middle School Rated A-
  • Main Floor Bedroom
  • No HOA

About This Home

As of November 2020

Legal, over-under duplex in the Primary Short-Term Rental Zone! Prime investment location just 1 block from CSU, restaurants, coffee shops & Old Town FOCO.Now that the tenant has moved out of basement unit; it is being updated with new vinyl plank flooring, paint, new kitchen cabinets & new tile in bathroom. The downstairs is 1 bed/ 1 bath, full kitchen, laundry & 2 separate entrances. The mainfloor/upstairs unit has 7 bedrooms & 3 baths. Rent out this part of the duplex to 3 individuals and they each get their own office space! Rents - ESTIMATED based on market value. Only 2 tenants remain in the property on a month to month. Seller will be doing a 1031 exchange.

Last Agent to Sell the Property

Mary Ann Michels

Group Mulberry License #100022341 Listed on: 08/07/2020

Group Mulberry

Co-Listed By

Katie Mansouri

Group Mulberry License #100082292

Last Buyer's Agent

John Runkles

Urban Forest Realty License #100074791

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,026

Year Built

  • Built in 1898

Lot Details

  • 6,970 Sq Ft Lot
  • Property fronts an alley
  • Southern Exposure
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • Alley Access

Home Design

  • Victorian Architecture
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,041 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Dining Room
  • City Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

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

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • 4 Bathrooms
  • Primary bathroom on main floor

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Laurel Elementary School
  • Lesher Middle School
  • Ft Collins High School

Utilities

  • Whole House Fan
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient HVAC
  • Property is near bus stop

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0056014

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Old Town Subdivision

Building Details

  • Gross Income $42,600
  • Net Operating Income $35,937

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,026

Year Built

Built in 1898

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Year Built: 1898
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street, Alley
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: 9GRPN
  • Subdivision Name: Old Town
  • Directions: From S on College, L on Laurel, R on Remington, L on Plum
  • Architectural Style: Victorian
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Southern Exposure, HVAC
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4041
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family, Multi-Family, Additional Units
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher
  • Accessibility Features: Level Lot, Near Bus, Main Floor Bath, Main Level Bedroom
  • Has Basement: Full, 50%+Finished Basement
  • Total Bedrooms: 8
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Separate Dining Room, Kitchen Island
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Wooded, Level
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame, Stucco
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Cooling: Central Air, Whole House Fan
  • Electric: Electric, City of FTC
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of FTC
  • Gas Company: Natural Gas, Xcel

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: Laurel
  • HighSchool: Ft Collins
  • Junior High Dist: Poudre
  • Middle Or Junior School: Lesher

Lot Info

  • Zoning: NCB
  • Lot Size Sq Ft: 6970
  • Parcel #: R0056014
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5026

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 42600
  • Income Includes: ["Lease/Rents"]

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Nov 5, 2020
Sold by
Bought by
Seller's Agent
Mary Ann Michels
Group Mulberry
Buyer's Agent
John Runkles
Urban Forest Realty
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%
Current Estimated Value
$1,071,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,852
Avg. Annual Appreciation
7.23%
Original Mortgage
$616,250
Outstanding Balance
$549,359
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$522,493

Purchase Details

Closed on
Aug 15, 2018
Sold by
Bought by

Purchase Details

Listed on
Mar 1, 2018
Closed on
Apr 27, 2018
Sold by
Bought by
Seller's Agent
Joseph Penta
Penta Homes
Buyer's Agent
Don Dunn
Dunn Real Estate & Mgmt
List Price
$715,000
Sold Price
$745,000
Premium/Discount to List
$30,000
4.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$596,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 10, 2015
Closed on
Sep 30, 2015
Sold by
Bought by
Seller's Agent
Emily Heinz
Downtown Real Estate Brokers
Buyer's Agent
Joseph Penta
Penta Homes
List Price
$579,000
Sold Price
$565,000
Premium/Discount to List
-$14,000
-2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.31%
Original Mortgage
$417,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2010
Sold by
Bought by

Purchase Details

Closed on
Apr 5, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,400
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,400
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$725,000 Old Republic Title
$745,000 The Group Guarantee Title
$745,000 The Group Guaranteed Title
$565,000 Land Title Guarantee
-- None Available
-- Chicago Title Co
-- --
$439,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $616,250
Previous Owner $596,000
Previous Owner $417,000
Previous Owner $272,000
Previous Owner $263,400
Closed $175,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2021 02/03/21 Off Market $725,000 -- --
11/05/2020 11/05/20 Sold $725,000 -3.3% $179 / Sq Ft
08/07/2020 08/07/20 For Sale $750,000 +0.7% $186 / Sq Ft
01/28/2019 01/28/19 Off Market $745,000 -- --
01/28/2019 01/28/19 Off Market $565,000 -- --
04/27/2018 04/27/18 Sold $745,000 +4.2% $184 / Sq Ft View Prior Sale
03/04/2018 03/04/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $715,000 +26.5% $177 / Sq Ft
09/30/2015 09/30/15 Sold $565,000 -2.4% $163 / Sq Ft View Prior Sale
08/31/2015 08/31/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $579,000 -- $167 / Sq Ft
Source: IRES MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,744 $72,138 $3,125 $69,013
2024 $5,465 $63,550 $3,350 $60,200
2022 $4,816 $51,000 $3,400 $47,600
2021 $4,974 $53,625 $3,575 $50,050
2020 $5,005 $53,489 $3,575 $49,914
2019 $5,026 $53,489 $3,575 $49,914
2018 $4,200 $46,087 $3,600 $42,487
2017 $4,186 $46,087 $3,600 $42,487
2016 $3,430 $37,571 $3,980 $33,591
2015 $3,405 $37,570 $3,980 $33,590
2014 $3,286 $36,020 $3,980 $32,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE920566

IRES MLS

APN: 97132-21-010

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