$486,000
SOLD AUG 31, 2017
6 Beds
2 Baths
2,178 Sq Ft
8,550 Sq Ft Lot

Recently Sold

$223 Per Sq Ft

14% Above List Price

18 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 4-minute walk to Library Park
  • Lesher Middle School Rated A-

About This Home

As of June 2019

Great investment opportunity in Fort Collins; close to Old Town, Library Park and the trail system. Each unit in this duplex has 3 bedrooms and 1 bathroom. Property has been well kept and all systems maintained. Property is a piece of a larger investment portfolio opportunity. Showings start June 19.

Last Agent to Sell the Property

Jake Arnold

Waypoint Real Estate Listed on: 06/13/2017

Last Buyer's Agent

Jake Arnold

Waypoint Real Estate Listed on: 06/13/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,764

Year Built

  • Built in 1895

Lot Details

  • 8,550 Sq Ft Lot

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,178 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Schools

  • Laurel Elementary School
  • Lesher 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, water, sewer, trash collection
  • Assessor Parcel Number R1582653

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • S 45 Ft Of Lot 5, Blk 163, Ftc; Less 94055974 Subdivision

Building Details

  • Gross Income $20,798
  • Net Operating Income $20,798

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,764

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Year Built: 1895
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: S 45 FT OF LOT 5, BLK 163, FTC; LESS 94055974
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2178
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: Crawl Space
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Utilities

  • Cooling: Central Air
  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, CITY
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Laurel
  • HighSchool: Ft Collins
  • Junior High Dist: Poudre
  • Middle Or Junior School: Lesher

Lot Info

  • Zoning: NCM
  • Lot Size Sq Ft: 8550
  • Parcel #: R1582653
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer, Trash Collection

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 20797.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2019
Closed on
Jun 28, 2019
Sold by
Pooling Effect Llc
Bought by
Horak Katherine Eileen and Butrico Robert Michael
Seller's Agent
Laura Mendoza
Real Estate Connections, Inc
Buyer's Agent
Kevin Bolin
West and Main Homes
List Price
$580,000
Sold Price
$572,500
Premium/Discount to List
-$7,500
-1.29%
Current Estimated Value
$877,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,642
Avg. Annual Appreciation
6.37%
Original Mortgage
$429,375
Outstanding Balance
$381,469
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$450,769

Purchase Details

Listed on
Jun 13, 2017
Closed on
Oct 4, 2017
Sold by
The Housing Authority Of The City Of For
Bought by
Pooling Effect Llc
Seller's Agent
Jake Arnold
Waypoint Real Estate
Buyer's Agent
Jake Arnold
Waypoint Real Estate
List Price
$425,000
Sold Price
$486,000
Premium/Discount to List
$61,000
14.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%

Purchase Details

Closed on
Oct 27, 1978
Sold by
Brumit Gerald L and Falk Martin E
Bought by
Housing Authority Of The City Of Fort Co
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $572,500 Unified Title Company
Special Warranty Deed $486,000 Land Title Guarantee Co
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $429,375 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2019 10/12/19 Off Market $572,500 -- --
06/28/2019 06/28/19 Sold $572,500 -1.3% $263 / Sq Ft
05/06/2019 05/06/19 For Sale $580,000 +19.3% $266 / Sq Ft
01/28/2019 01/28/19 Off Market $486,000 -- --
08/31/2017 08/31/17 Sold $486,000 +14.4% $223 / Sq Ft
07/01/2017 07/01/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $425,000 -- $195 / 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 $4,764 $53,332 $871 $52,461
2024 $4,533 $53,332 $871 $52,461
2022 $3,908 $40,072 $884 $39,188
2021 $3,908 $42,135 $930 $41,205
2020 $3,419 $36,537 $930 $35,607
2019 $3,433 $36,537 $930 $35,607
2018 $1,033 $11,333 $936 $10,397
2017 $265 $11,329 $933 $10,396
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 823189

IRES MLS

APN: 97123-25-019