NOT LISTED FOR SALE

240 Spaulding Ln Fort Collins, CO 80524

-- Bed
-- Bath
9,999 Sq Ft
1.52 Acres

Last Sold March 24, 2021

Last sale price $630,000 $63 Per Sq Ft

160 Days on Market

Highlights

  • No HOA
  • No Heating
  • 1-Story Property
  • Tavelli Elementary School Rated A-

About This Home

As of March 2021

218-242 Spaulding Lane Mobile Home Park for Sale. Land Only. Please do not contact tenants directly. This is an investors dream, low maintenance, lots of potential! Currently very under rented with long term tenants. Shared well for non-potable exterior watering. This type of opportunity does not become available often. Please contact Listing Agent prior to visiting the property.

Last Agent to Sell the Property

Scott Lee

Elevations Real Estate, LLC Listed on: 08/20/2020

Last Buyer's Agent

Abby Renner

RE/MAX Nexus

RE/MAX Nexus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,456

Year Built

  • Built in 1989

Lot Details

  • 1.52

Home Design

  • Composition Roof

Interior Spaces

  • 9,999 Sq Ft Home
  • 1-Story Property

Schools

  • Tavelli Elementary School
  • Lincoln Middle School
  • Poudre High School

Additional Features

  • 1.52 Acre Lot
  • Mineral Rights Excluded
  • No Heating

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, sewer, insurance, interior maintenance, exterior maintenance, structural maintenance
  • Assessor Parcel Number R1601576

Community Details

Overview

  • No Home Owners Association
  • 7 Units
  • Spaulding Lane Mobile Home Park Subdivision

Building Details

  • Gross Income $50,400
  • Net Operating Income $40,122

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,456

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Year Built: 1989
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 1.52
  • Subdivision Name: Spaulding Lane Mobile Home Park
  • Directions: Take College Ave. to HWY 1. Go South on Spaulding Lane to the subject property on the left.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 9999
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Mobile Homes
  • Private Spa: No
  • Has Basement: None
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Lot Features: Mineral Rights Excluded
  • Waterfront: No
  • Construction Type: Other
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric
  • Heating: None
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: No
  • Sewer: District Sewer
  • Water Source: District Water, Well, ELCO
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: M1
  • Lot Size Sq Ft: 66398
  • Parcel #: R1601576
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Sewer, Insurance, Interior Maintenance, Exterior Maintenance, Structural Maintenance

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1456

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 50400
  • Income Includes: ["Lease/Rents"]

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2021 06/23/21 Off Market $630,000 -- --
03/24/2021 03/24/21 Sold $630,000 -3.1% $63 / Sq Ft
02/23/2021 02/23/21 For Sale $650,000 +3.2% $65 / Sq Ft
02/19/2021 02/19/21 Off Market $630,000 -- --
01/27/2021 01/27/21 Pending -- -- --
01/20/2021 01/20/21 Price Changed $650,000 -13.3% $65 / Sq Ft
08/20/2020 08/20/20 For Sale $750,000 -- $75 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Scott Lee

    Seller's Agent in 2021

    Scott Lee

    Elevations Real Estate, LLC

    (970) 222-7101

    66 Total Sales

    Scott Lee
    Section Image
  • Abby Renner

    Buyer's Agent in 2021

    Abby Renner

    RE/MAX

    (970) 556-0635

    144 Total Sales

    Abby Renner
    Section Image
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Map

Source: IRES MLS

MLS Number: 921796

IRES MLS
Colorado Larimer County Fort Collins 80524

240 Spaulding Ln, Fort Collins, CO

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

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