NOT LISTED FOR SALE

Estimated Value: $915,719 - $989,000

8 Beds
6 Baths
3,513 Sq Ft
$270/Sq Ft Est. Value

Last Sold April 10, 2015

Last sale price $487,500 $139 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,723/month

4 Days on Market

Highlights

  • No HOA
  • Enclosed patio or porch
  • Forced Air Heating and Cooling System
  • O'Dea Elementary School Rated A-
  • Brick Veneer
  • 3-minute walk to Leisure Park

About This Home

As of April 2015

Terrific Tri-Plex in a great mid town location. Only unit 2624 can be shown at this time. All 3 units have similar updating & are in good to average condition. Newer roof, windows, patio doors, tile floors, & lighting fixtures. There is full sprinkler system, 1 car detached garage, & central A/C for each unit. Units 2626 & 2628 are on month to month leases. Unit 2626 is a 2 bed, 1.5 bath with a small basement & rents for $850. Unit 2628 is the same floor plan as 2624 & rents for $895.

Last Agent to Sell the Property

Scott Joseph Mullen

Group Mulberry Listed on: 03/10/2015

Group Mulberry

Last Buyer's Agent

Paris Powell

Serendipity Property

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,711

Year Built

  • Built in 1970

Lot Details

  • 0.28 Acre Lot
  • West Facing Home
  • Level Lot
  • Sprinkler System

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof
  • Flat Tile Roof
  • Rubber Roof

Interior Spaces

  • 3,513 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Finished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Enclosed patio or porch

Schools

  • Kruse Elementary School
  • Boltz Middle School
  • Ft Collins High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0127671

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Fahrenbruch Leisure Village 3Rd Subdivision

Building Details

  • Gross Income $35,910
  • Net Operating Income $28,521

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,711

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Year Built: 1970
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.28
  • Road Surface Type: Paved
  • Subdivision Name: Fahrenbruch Leisure Village 3rd
  • Directions: From Drake and College go East on Drake, turn South on Leisure Drive
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3513
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Disposal
  • Has Basement: Partial, 50%+Finished Basement, Crawl Space
  • Total Bedrooms: 8
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Rubber, Flat
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Level
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Direction Faces: West
  • Patio And Porch Features: Patio, Enclosed
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • 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 Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Kruse
  • HighSchool: Ft Collins
  • Junior High Dist: Poudre
  • Middle Or Junior School: Boltz

Lot Info

  • Zoning: MMN
  • Lot Size Sq Ft: 12269
  • Parcel #: R0127671
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2711

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 35910
  • Annual Operating Expense: 7389

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2015
Sold by
Hoeven Kurtis A
Bought by
2626 Leisure Llc
Current Estimated Value
$950,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,500
Outstanding Balance
$282,533
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$646,416

Purchase Details

Listed on
Mar 10, 2015
Closed on
Apr 10, 2015
Sold by
Carpenter Aileen Joy
Bought by
Hoeven Kurtis A
Seller's Agent
Scott Joseph Mullen
Group Mulberry
Buyer's Agent
Paris Powell
Serendipity Property
List Price
$500,000
Sold Price
$487,500
Premium/Discount to List
-$12,500
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%

Purchase Details

Closed on
Jun 1, 1991
Bought by
Alvis Norman G
Source: Public Records

Range of Values:

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Average Value
Not Available
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
2626 Leisure Llc -- None Available
Hoeven Kurtis A $487,500 Tggt
Alvis Norman G $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoeven Kurtis A $353,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2020 05/03/20 Off Market $487,500 -- --
04/10/2015 04/10/15 Sold $487,500 -2.5% $139 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $500,000 -- $142 / 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 $5,518 $61,191 $3,015 $58,176
2024 $5,250 $61,191 $3,015 $58,176
2022 $4,477 $47,416 $3,060 $44,356
2021 $4,624 $49,857 $3,218 $46,639
2020 $4,470 $47,777 $3,218 $44,559
2019 $4,490 $47,777 $3,218 $44,559
2018 $3,473 $38,102 $3,240 $34,862
2017 $3,461 $38,102 $3,240 $34,862
2016 $2,802 $30,694 $3,582 $27,112
2015 $2,782 $30,690 $3,580 $27,110
2014 $2,708 $29,690 $3,580 $26,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 757253

IRES MLS

APN: 97252-31-003