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

Sale Details

Date 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
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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

  • 18,150 Sq Ft 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"]

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 6, 2013
Closed on
Jan 13, 2014
Sold by
Bought by
Seller's Agent
Cole Herk
Cushman & Wakefield
Buyer's Agent
Shelly Hill
Group Mulberry
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,306
Interest Rate
4.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2003
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
$203,677
Interest Rate
5.93%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$475,000 Fidelity National Title Insu
$350,000 --
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
Closed $280,306
Previous Owner $203,677
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
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

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 $5,605 $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

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Map

Source: IRES MLS

MLS Number: IRE716262

IRES MLS
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