NOT LISTED FOR SALE

Estimated Value: $718,000 - $842,000

6 Beds
6 Baths
2,600 Sq Ft
$303/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $752,000 $289 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,633/month

3 Days on Market

Highlights

  • Baseboard Heating
  • O'Dea Elementary School Rated A-
  • Satellite Dish

About This Home

As of May 2022

Legal side-by-side duplex, great investment opportunity. Each unit is 2-story, 3 bedroom 2 1/2 bath, large kitchen with attached single car garage. Backs to open space. Units are dated, great potential to increase value. Both units currently rented, 1 month-to-month lease, other unit lease expires May 31, 2022. Buyer to conduct own research on potential monthly rent amount. Listing agent is related to Seller. Seller is not providing a "cap rate" due to current low market rents. Landlord pays water/sewer, tenant pays all other utilities.

Last Agent to Sell the Property

Mari Wildt

C3 Real Estate Solutions, LLC Listed on: 03/25/2022

Last Buyer's Agent

Matthew Dozier

Group Loveland

Group Loveland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,549

Year Built

  • Built in 1978

Lot Details

  • 7,414 Sq Ft Lot

HOA Fees

  • $58 Monthly HOA Fees

Home Design

  • Property Attached
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Schools

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

Utilities

  • Baseboard Heating
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0682659

Community Details

Overview

  • 2 Units
  • Pinewood 1St Subdivision

Building Details

  • Gross Income $38,400
  • Net Operating Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,549

Year Built

Built in 1978

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Year Built: 1978
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: Pinewood 1st
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2600
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 6
  • Interior Amenities: Satellite Avail
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Utilities

  • Electric: Electric
  • Heating: Baseboard
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Heating Yn: Yes
  • Water Source: City Water, City of Ft Collins
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 700
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

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

Lot Info

  • Zoning: RL
  • Lot Size Sq Ft: 7414
  • Parcel #: R0682659
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 38400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2011
Sold by
Martin Cecilia
Bought by
Wildt Michael
Current Estimated Value
$787,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Outstanding Balance
$141,627
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$636,166

Purchase Details

Closed on
Jul 22, 1997
Sold by
Rutkowski Robert J Loretta S
Bought by
Thornton Jo Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,300
Interest Rate
7.72%

Purchase Details

Closed on
Oct 30, 1996
Sold by
Rutkowski Robert J Loretta S and Rutkowski Loretta
Bought by
Rutkowski Robert J and Rutkowski Loretta

Purchase Details

Closed on
Apr 1, 1992
Sold by
Ferguson Phyllis Austin By Harry L Aif
Bought by
Rutkowski Robert J
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
Wildt Michael $275,000 Tggt
Thornton Jo Ellen $185,400 --
Rutkowski Robert J -- --
Rutkowski Robert J $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wildt Michael $206,250
Previous Owner Thornton Jo Ellen $199,000
Previous Owner Thornton Jo Ellen $196,000
Previous Owner Thornton Jo Ellen $148,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2022 05/18/22 Sold $752,000 +15.7% $289 / Sq Ft
04/01/2022 04/01/22 For Sale $650,000 -- $250 / 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 $4,549 $51,094 $3,015 $48,079
2024 $4,328 $51,094 $3,015 $48,079
2022 $3,228 $34,184 $3,060 $31,124
2021 $3,334 $35,944 $3,218 $32,726
2020 $3,758 $40,169 $3,218 $36,951
2019 $3,775 $40,169 $3,218 $36,951
2018 $2,711 $29,743 $3,240 $26,503
2017 $2,701 $29,743 $3,240 $26,503
2016 $2,117 $23,195 $3,582 $19,613
2015 $2,102 $23,190 $3,580 $19,610
2014 $1,951 $21,390 $3,580 $17,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 961508

IRES MLS

APN: 97251-24-003