NOT LISTED FOR SALE

Estimated Value: $937,000 - $1,129,000

8 Beds
4 Baths
4,024 Sq Ft
$258/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $750,000 $186 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,094/month

38 Days on Market

Highlights

  • City View
  • Brick Veneer
  • Patio
  • O'Dea Elementary School Rated A-
  • Air Conditioning
  • Forced Air Heating System

About This Home

As of December 2019

All units leased thru July 28, 2020 at $4,790/month. No vacancy rate. Centrally located. Large units w/ garages, fenced patios, & large yard. Each unit has attached garage & driveway space. No carpet. All units have washer/dryer. Each unit has its own furnace & water heater. All furnaces serviced 10/18/19. New furnace (2018) in Unit 2707. New furnace being installed in Unit 2705 on 11/12/19. New membrane roofs in 2010. New windows in Units 2705 & 2707. Tenant pays gas & electric.

Last Agent to Sell the Property

Jeff Kurtz

LPT Realty, LLC. Listed on: 10/01/2019

LPT Realty, LLC.

Last Buyer's Agent

Cameron Loucks

8z Real Estate

8z Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,276

Year Built

  • Built in 1968

Lot Details

  • 9,072 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Sprinkler System

HOA Fees

  • $152 Monthly HOA Fees

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Rubber Roof

Interior Spaces

  • 4,024 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • City Views

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Low Pile Carpeting

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Air Conditioning
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0127027

Community Details

Overview

  • Association fees include trash, ground maintenance, management
  • 3 Units
  • Fahrenbruch Leisure Village Subdivision

Building Details

  • Gross Income $57,480
  • Net Operating Income $48,382

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,276

Year Built

Built in 1968

Lot Details

0

HOA Fees

$152 per month

Listing Details

  • Year Built: 1968
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.21
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Fahrenbruch Leisure Village
  • Directions: From I-25, take exit 265 and go West on Harmony Rd. Turn Right on S. College Ave and head North. Turn Right on E. Drake Rd. Turn Right on Stanford Rd.
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4024
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Accessibility Features: Level Lot, Low Carpet
  • Has Basement: None
  • Total Bedrooms: 8
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Rubber
  • Fencing: Fenced, Wood
  • Lot Features: Curbs, Sidewalks, Lawn Sprinkler System, Level
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, City
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • 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: Trash, Maintenance Grounds, Management
  • Senior Community: No
  • Association Fee: 1824
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: Yes

Schools

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

Lot Info

  • Zoning: Residentia
  • Lot Size Sq Ft: 9072
  • Parcel #: R0127027
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3276

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 57480

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Dec 12, 2019
Sold by
Tarlecki Pina
Bought by
Tiahrt Mark
Seller's Agent
Jeff Kurtz
LPT Realty, LLC.
Buyer's Agent
Cameron Loucks
8z Real Estate
List Price
$799,900
Sold Price
$750,000
Premium/Discount to List
-$49,900
-6.24%
Current Estimated Value
$1,038,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,699
Avg. Annual Appreciation
5.56%
Original Mortgage
$562,500
Outstanding Balance
$496,894
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$541,805

Purchase Details

Closed on
May 22, 1996
Sold by
Haddorff Emma Jane
Bought by
Tarlecki Gregory L and Tarlecki Pina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
8.75%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tiahrt Mark $750,000 First American Title
Tarlecki Gregory L $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tiahrt Mark $562,500
Previous Owner Tarlecki Gregory L $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2020 03/14/20 Off Market $750,000 -- --
12/13/2019 12/13/19 Sold $750,000 -1.2% $186 / Sq Ft
10/30/2019 10/30/19 Price Changed $759,000 -5.1% $189 / Sq Ft
10/01/2019 10/01/19 For Sale $799,900 -- $199 / 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 $5,737 $63,476 $13,400 $50,076
2024 $5,459 $63,476 $13,400 $50,076
2022 $4,710 $49,878 $5,780 $44,098
2021 $4,865 $52,446 $6,078 $46,368
2020 $4,645 $49,643 $6,078 $43,565
2019 $4,665 $49,643 $6,078 $43,565
2018 $3,276 $35,942 $6,120 $29,822
2017 $3,265 $35,942 $6,120 $29,822
2016 $2,664 $29,181 $6,766 $22,415
2015 $2,645 $31,200 $5,730 $25,470
2014 $2,432 $26,660 $5,730 $20,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 895585

IRES MLS

APN: 97252-23-024