NOT LISTED FOR SALE

2500 S Shields St Fort Collins, CO 80526

Estimated Value: $816,000 - $1,069,000

11 Beds
9 Baths
7,037 Sq Ft
$130/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $920,166 $131 Per Sq Ft

Current estimated payment $5,588/month

113 Days on Market

Highlights

  • City View
  • Waterfront
  • Balcony
  • Rocky Mountain High School Rated A-
  • No HOA
  • Outdoor Storage

About This Home

As of July 2018

Unique investment property with TONS of potential! Zoned Employment which allows for multiple uses. 2500-2514 being sold together. There is a well on the property. Main House is on City Water/Sewer. Duplex's are on well water and city sewer. Leases are currently month to month. Walking distance to many restaurants, fitness club, and theater!

Last Agent to Sell the Property

Brice Burkhardt

RE/MAX Comm. Alliance-FTC Dwtn Listed on: 02/27/2018

RE/MAX Comm. Alliance-FTC Dwtn

Co-Listed By

Nick Whitworth

RE/MAX Comm. Alliance-FTC Dwtn

Last Buyer's Agent

Dan Wilkewitz

Real Pro LLC - Fort Collins

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,836

Year Built

  • Built in 1946

Lot Details

  • 1.02 Acre Lot
  • Waterfront
  • West Facing Home
  • Partially Fenced Property

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 7,037 Sq Ft Home
  • 1-Story Property
  • City Views
  • Partial Basement

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 9 Bathrooms

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

  • Bennett Elementary School
  • Blevins Middle School
  • Rocky Mountain High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for gas
  • Assessor Parcel Number R0183121

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • Gross Income $91,800
  • Net Operating Income $79,584

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,836

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Year Built: 1946
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 1.02
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: RMCA1
  • Subdivision Name: None
  • Directions: From I-25 take Hamrony exit west through Fort Collins. Take right turn on Shields St heading North. Property is on right hand side of road just past Drake and Shields intersection.
  • Architectural Style: Ranch
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family, Commercial, Commercial or Industrial
  • Private Spa: No
  • Has Basement: Partial
  • Total Bedrooms: 11
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Sidewalks
  • View: Foothills View, City
  • Waterfront: Yes
  • Construction Type: Wood/Frame
  • Direction Faces: West
  • Exterior Features: Balcony
  • Other Structures: Storage
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Well, City of FC/ Well
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Bennett
  • HighSchool: Rocky Mountain
  • Junior High Dist: Poudre
  • Middle Or Junior School: Blevins

Lot Info

  • Zoning: Employment
  • Lot Size Sq Ft: 44431
  • Parcel #: R0183121
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4836

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 91800
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 12216

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2018
Closed on
Jul 20, 2018
Sold by
Miller Susan
Bought by
Aweida Properties Inc
Seller's Agent
Brice Burkhardt
RE/MAX Comm. Alliance-FTC Dwtn
Buyer's Agent
Dan Wilkewitz
Real Pro LLC - Fort Collins
List Price
$1,300,000
Sold Price
$920,166
Premium/Discount to List
-$379,834
-29.22%
Total Days on Market
113
Current Estimated Value
$917,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,199
Avg. Annual Appreciation
-0.03%
Original Mortgage
$365,000
Outstanding Balance
$140,267
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$777,700

Purchase Details

Closed on
Apr 22, 2016
Sold by
Susan Miller 2500 Properties Llc
Bought by
Miller Susan

Purchase Details

Closed on
Oct 24, 2012
Sold by
Miller Susan E
Bought by
Susan Miller 2500 Properties Llc

Purchase Details

Closed on
Apr 6, 2012
Sold by
Miller Susan Elizabeth and Jane Davis Trust
Bought by
Miller Susan E

Purchase Details

Closed on
May 21, 1996
Sold by
Davis Sylvia Jane and Boitano William John
Bought by
Davis Sylvia Jane and Jane Davis Trust

Purchase Details

Closed on
Mar 1, 1993
Sold by
Davis Sylvia Jane
Bought by
Davis Sylvia Jane
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Aweida Properties Inc $460,083 Fidelity National Title Co
Miller Susan -- None Available
Susan Miller 2500 Properties Llc -- None Available
Miller Susan E -- None Available
Miller Susan E $500 None Available
Davis Sylvia Jane -- --
Davis Sylvia Jane -- --
Davis Sylvia Jane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aweida Properties Inc $365,000
Closed Aweida Properties Inc $365,000
Previous Owner Miller Susan $365,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Off Market $920,166 -- --
07/20/2018 07/20/18 Sold $920,166 -29.2% $131 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
02/27/2018 02/27/18 For Sale $1,300,000 -- $185 / 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 $5,455 $60,535 $1,675 $58,860
2024 $5,190 $60,535 $1,675 $58,860
2022 $3,955 $41,881 $1,738 $40,143
2021 $3,996 $43,086 $1,788 $41,298
2020 $3,735 $39,919 $1,788 $38,131
2019 $3,751 $39,919 $1,788 $38,131
2018 $3,976 $43,625 $1,800 $41,825
2017 $3,962 $43,625 $1,800 $41,825
2016 $3,224 $35,319 $1,990 $33,329
2015 $3,201 $35,320 $1,990 $33,330
2014 $3,106 $34,050 $1,990 $32,060
Source: Public Records

Agents Affiliated with this Home

  • Brice Burkhardt

    Seller's Agent in 2018

    Brice Burkhardt

    RE/MAX

    (970) 222-0811

    12 Total Sales

    Brice Burkhardt
    Section Image
  • Nick Whitworth

    Seller Co-Listing Agent in 2018

    Nick Whitworth

    RE/MAX

    (970) 222-3010

    9 Total Sales

    Nick Whitworth
    Section Image
  • Dan Wilkewitz

    Buyer's Agent in 2018

    Dan Wilkewitz

    Real Pro LLC - Fort Collins

    (970) 231-3714

    6 Total Sales

    Dan Wilkewitz
    Section Image
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Map

Source: IRES MLS

MLS Number: 842600

IRES MLS

APN: 97230-00-005

Colorado Larimer County Fort Collins 80526

2500 S Shields St, Fort Collins, CO

This home is located at 2500 S Shields St, Fort Collins, CO 80526 since 27 February 2018 and is currently estimated at $917,967, approximately $130 per square foot. This property was built in 1946. 2500 S Shields St is a home located in Larimer County with nearby schools including Bennett Elementary School, Blevins Middle School, and Rocky Mountain High School.

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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