NOT LISTED FOR SALE
3 Beds
2 Baths
3,050 Sq Ft
0.42 Acres

Last Sold January 13, 2014

Last sale price $475,000 $156 Per Sq Ft

130 Days on Market

Highlights

  • No HOA
  • Gravity Heating System
  • 4-minute walk to Spring Creek Trail
  • O'Dea Elementary School Rated A-
  • 1-Story Property

About This Home

As of January 2014

BACK ON THE MARKET! This 6-unit apartment property is only blocks from the Colorado State University campus in Fort Collins. The property is made up of four 1-bedroom, 1-bath units as well as two 2-bedroom, 1-bath apartments. This property is positioned with HUD subsidized rents currently and is prime for updating and repositioning.

Last Agent to Sell the Property

Cole Herk

Cushman & Wakefield License #40018853 Listed on: 08/06/2013

Last Buyer's Agent

Shelly Hill

Group Mulberry

Group Mulberry

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,900

Year Built

  • Built in 1961

Lot Details

  • 0.42

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,050 Sq Ft Home
  • 1-Story Property
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

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

Additional Features

  • 0.42 Acre Lot
  • Gravity Heating System

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R0111783

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Moran's Subdivision

Building Details

  • Gross Income $50,411
  • Net Operating Income $36,011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,900

Year Built

Built in 1961

Lot Details

0.42 Acres

Listing Details

  • Year Built: 1961
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.42
  • Subdivision Name: Moran's
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3050
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Gas Range/Oven
  • Has Basement: None
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Master Meter-Electric, City
  • Heating: Gravity
  • Utilities: Electricity Available
  • Heating Yn: Yes
  • Water Source: City Water, City
  • Gas Company: Master Meter-Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • 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: LMN
  • Lot Size Sq Ft: 18150
  • Parcel #: R0111783
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 3900

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 50410.8
  • Income Includes: ["Lease/Rents"]
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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 List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $475,000 -- --
01/13/2014 01/13/14 Sold $475,000 0.0% $156 / Sq Ft
12/14/2013 12/14/13 Pending -- -- --
08/06/2013 08/06/13 For Sale $475,000 -- $156 / Sq Ft
Source: IRES MLS

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 $4,468 $56,250 $12,500 $43,750
2024 $4,251 $50,250 $13,400 $36,850
2022 $4,311 $44,200 $8,160 $36,040
2021 $4,311 $46,475 $8,580 $37,895
2020 $4,336 $46,346 $8,580 $37,766
2019 $4,355 $46,346 $8,580 $37,766
2018 $3,281 $36,000 $5,184 $30,816
2017 $3,270 $36,000 $5,184 $30,816
2016 $3,503 $38,367 $5,731 $32,636
2015 $3,477 $38,370 $5,730 $32,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE716262

IRES MLS
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