NOT LISTED FOR SALE

Estimated Value: $733,823 - $848,000

6 Beds
2 Baths
2,412 Sq Ft
$321/Sq Ft Est. Value

Last Sold September 24, 2020

Last sale price $585,000 $243 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,409/month

11 Days on Market

Highlights

  • Open Floorplan
  • Multiple Fireplaces
  • Eat-In Kitchen
  • Lesher Middle School Rated A-
  • No HOA
  • Hot Water Heating System

About This Home

As of September 2020

Legal Over/Under Duplex walking distance to CSU campus and Old Town restaurants and shopping. Each unit has a private entrance, separate kitchens, bathrooms, and fireplaces. Includes two sets of stacked washer/dryer units. New carpet and paint, among other updates. Alley access with two car garage and extra parking. Great investment opportunity or own as a primary and rent out the second unit. Great rental history.

Last Agent to Sell the Property

Shaun Dolan

eXp Realty - Hub License #100055646 Listed on: 08/06/2020

eXp Realty - Hub

Co-Listed By

Sara Dolon

eXp Realty - Hub License #100075481

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,990

Year Built

  • Built in 1937

Lot Details

  • 5,000 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence

Parking

  • Alley Access

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,412 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Multiple Fireplaces
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Laurel Elementary School
  • Lesher Middle School
  • Ft Collins High School

Additional Features

  • Exterior Lighting
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0055344

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Old Town Subdivision

Building Details

  • Gross Income $39,120
  • Net Operating Income $35,130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,990

Year Built

Built in 1937

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Year Built: 1937
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.11
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: HUBRES
  • Subdivision Name: Old Town
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2412
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Full, 90%+ Finished Basement
  • Total Bedrooms: 6
  • Fireplace Features: 2+ Fireplaces
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Open Floorplan
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Wood
  • Lot Features: Curbs, Gutters, Sidewalks
  • Waterfront: No
  • Construction Type: Wood/Frame, Stucco
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Electric: Electric, FTC
  • Heating: Hot Water
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Fort Collins
  • Gas Company: Natural Gas, XCel

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: 5000
  • Parcel #: R0055344
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3990

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 39120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Sep 23, 2020
Sold by
Obster Patrick M
Bought by
Vanmeveren Cole and Vanmeveren Bryan
Seller's Agent
Shaun Dolan
eXp Realty - Hub
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$625,000
Sold Price
$585,000
Premium/Discount to List
-$40,000
-6.4%
Current Estimated Value
$773,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,456
Avg. Annual Appreciation
5.23%
Original Mortgage
$497,250
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2018
Closed on
May 7, 2018
Sold by
Roller James P
Bought by
Obester Patrick M
Seller's Agent
Rick Stouffer
RE/MAX Alliance-FTC South
Buyer's Agent
Shaun Dolan
eXp Realty - Hub
List Price
$578,000
Sold Price
$578,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.50%
Original Mortgage
$462,400
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 20, 2016
Sold by
Roller James P and Roller Ellen B
Bought by
Roller James P and Roller Ellen B

Purchase Details

Closed on
Jul 30, 2003
Sold by
Roller James P and Roller Ellen B
Bought by
Roller James P and Roller Ellen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 22, 1997
Sold by
Roller James P and Roller Ellen B
Bought by
James P & Ellen B Roller Living Trust

Purchase Details

Closed on
Jan 10, 1997
Sold by
Brenkert Jason K and Brenkert Kirsten N
Bought by
Roller James P and Roller Ellen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
7.87%

Purchase Details

Closed on
Jan 4, 1997
Sold by
Brenkert Dennis R Becky A
Bought by
Brenkert Jason K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
7.87%

Purchase Details

Closed on
Dec 20, 1996
Sold by
Brenkert Dennis R Becky A
Bought by
Brenkert Kirsten N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
7.87%
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
Vanmeveren Cole $585,000 First American
Obester Patrick M $578,000 Land Title Guarantee Co
Roller James P -- None Available
Roller James P -- First American Heritage Titl
James P & Ellen B Roller Living Trust -- --
Roller James P $125,000 --
Brenkert Jason K -- --
Brenkert Kirsten N -- --
Brenkert Jason K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vanmeveren Cole $497,250
Previous Owner Obester Patrick M $462,400
Previous Owner Roller James P $196,000
Previous Owner Roller James P $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2021 12/23/21 Off Market $585,000 -- --
09/24/2020 09/24/20 Sold $585,000 -6.4% $243 / Sq Ft
08/06/2020 08/06/20 For Sale $625,000 +8.1% $259 / Sq Ft
08/05/2019 08/05/19 Off Market $578,000 -- --
05/07/2018 05/07/18 Sold $578,000 0.0% $240 / Sq Ft View Prior Sale
04/07/2018 04/07/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $578,000 -- $240 / Sq Ft
Source: IRES MLS

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 $4,611 $47,688 $3,125 $44,563
2024 $4,387 $51,737 $3,350 $48,387
2022 $4,061 $43,010 $3,400 $39,610
2021 $4,195 $45,224 $3,575 $41,649
2020 $3,973 $42,464 $3,575 $38,889
2019 $3,990 $42,464 $3,575 $38,889
2018 $3,003 $32,947 $3,600 $29,347
2017 $2,993 $32,947 $3,600 $29,347
2016 $2,528 $27,693 $3,980 $23,713
2015 $2,510 $27,690 $3,980 $23,710
2014 $1,963 $21,520 $3,980 $17,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE920501

IRES MLS

APN: 97132-17-027

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