NOT LISTED FOR SALE

2631 Davidson Dr Fort Collins, CO 80526

Estimated Value: $866,000 - $933,000

6 Beds
6 Baths
3,384 Sq Ft
$268/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $885,000 $262 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,549/month

3 Days on Market

Highlights

  • Community Pool
  • Eat-In Kitchen
  • Patio
  • Beattie Elementary School Rated 9+
  • Air Conditioning
  • Park

About This Home

As of May 2023

Attention Investors! Take a look at this triplex -- each 2-story unit offers 2 bedrooms, 1.5 bathrooms, and a 2-car attached garage. Features include private entrances, patios, fireplaces, and full-size washer/dryer hookups. Low monthly HOA includes neighborhood pool, common area landscape maintenance/snow removal, and trash/recycling. Central location is convenient to CSU, shopping, bus line, parks, trails, and more. All units are currently leased.

Last Agent to Sell the Property

Shelly Goldrich

Group Harmony Listed on: 04/01/2023

Group Harmony

Last Buyer's Agent

Kyle Hawkins

Group Mulberry

Group Mulberry

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,670

Year Built

  • Built in 1980

Lot Details

  • 0.27

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,384 Sq Ft Home
  • 2-Story Property
  • Double Sided Fireplace
  • Window Treatments

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Schools

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

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • 0.27 Acre Lot

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0768138

Community Details

Overview

  • Association fees include common amenities, trash, snow removal, ground maintenance
  • Cimarron Square Subdivision

Recreation

  • Community Pool
  • Park

Building Details

  • Gross Income $47,700
  • Net Operating Income $38,107

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,670

Year Built

Built in 1980

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Year Built: 1980
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.27
  • Subdivision Name: Cimarron Square
  • Directions: From College, west on Drake to Davidson (just before Shields) and south on Davidson to building
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3384
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: None
  • Total Bedrooms: 6
  • Fireplace Features: Double Sided
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Eat-in Kitchen
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Other

Exterior Features

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

Garage/Parking

  • Parking Features: Garage Door Opener

Utilities

  • Cooling: Room Air Conditioner
  • 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 Fort Collins
  • Gas Company: Natural Gas, Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Trash, Snow Removal, Maintenance Grounds
  • Community Features: Pool, Park
  • Senior Community: No
  • Association Fee: 299.94
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

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

Lot Info

  • Zoning: MMN
  • Lot Size Sq Ft: 11588
  • Parcel #: R0768138
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3670

Multi Family

  • Annual Gross Income: 47700
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 9593

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2023
Closed on
May 4, 2023
Sold by
Broedner Denise E
Bought by
Anderson Trenton
Seller's Agent
Shelly Goldrich
Group Harmony
Buyer's Agent
Kyle Hawkins
Group Mulberry
List Price
$900,000
Sold Price
$885,000
Premium/Discount to List
-$15,000
-1.67%
Current Estimated Value
$907,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,690
Avg. Annual Appreciation
1.24%
Original Mortgage
$663,750
Outstanding Balance
$648,877
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$262,320

Purchase Details

Closed on
Sep 1, 1990
Bought by
Citizen Printing Co
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
Anderson Trenton $885,000 None Listed On Document
Citizen Printing Co $822,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Trenton $663,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Sold $885,000 -1.7% $262 / Sq Ft
04/01/2023 04/01/23 For Sale $900,000 -- $266 / 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 $4,950 $55,275 $13,400 $41,875
2024 $4,710 $55,275 $13,400 $41,875
2022 $3,670 $38,862 $8,160 $30,702
2021 $3,790 $40,862 $8,580 $32,282
2020 $3,111 $33,248 $8,580 $24,668
2019 $3,124 $33,248 $8,580 $24,668
2018 $2,872 $31,514 $5,184 $26,330
2017 $2,862 $31,514 $5,184 $26,330
2016 $2,071 $22,686 $5,731 $16,955
2015 $2,056 $22,680 $5,730 $16,950
2014 $2,037 $22,330 $5,730 $16,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 985129

IRES MLS

APN: 97262-35-019