NOT LISTED FOR SALE

Estimated Value: $332,000 - $380,000

12 Beds
12 Baths
5,586 Sq Ft
$63/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $898,000 $161 Per Sq Ft

Current estimated payment $2,019/month

3 Days on Market

Highlights

  • 0.27 Acre Lot
  • Open Floorplan
  • Eat-In Kitchen
  • Rocky Mountain High School Rated A-
  • No HOA
  • Cooling Available

About This Home

As of July 2014

Excellent opportunity to purchase 6 condos each 2 bed 2 bath open floor plan with 1 car garage attached with large front yards and private large backyards fenced with patios, great rental history, near CSU, tenants pay flat $25/month for their water

Last Agent to Sell the Property

Sharianne Daily

RE/MAX Alliance-FTC South Listed on: 06/28/2014

RE/MAX Alliance-FTC South

Last Buyer's Agent

Melissa Doherty

Luxury Homes LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,956

Year Built

  • Built in 1976

Lot Details

  • 0.27 Acre Lot
  • Partially Fenced Property

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 5,586 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments

Kitchen

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

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Schools

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

Utilities

  • Cooling Available
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for deposit, electricity, trash collection
  • Assessor Parcel Number R1629244

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • East Azalea Street Condominiums Subdivision

Building Details

  • Gross Income $64,800
  • Net Operating Income $52,997

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,956

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Year Built: 1976
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.27
  • Road Surface Type: Paved
  • Subdivision Name: East Azalea Street Condominiums
  • Directions: Overland Trail between Prospect and Drake Road West on Azalea
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator, Disposal
  • Has Basement: None
  • Total Bedrooms: 12
  • Interior Amenities: Eat-in Kitchen, Open Floorplan
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, City of FTC
  • Heating: Baseboard
  • Utilities: Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, City of Fort Collins

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

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

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 11868
  • Parcel #: R1629244
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Electricity, Trash Collection

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4956

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 64800
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 11803

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2015
Sold by
The Delong Family Trust Of 2012
Bought by
Delong Family Trust Of 2012 and Delong Mary A
Total Days on Market
3
Current Estimated Value
$354,000

Purchase Details

Listed on
Jun 28, 2014
Closed on
Jul 25, 2014
Sold by
Glanz Elizabeth J
Bought by
The Delong Family Trust
Seller's Agent
Sharianne Daily
RE/MAX Alliance-FTC South
Buyer's Agent
Melissa Doherty
Luxury Homes LLC
List Price
$930,000
Sold Price
$898,000
Premium/Discount to List
-$32,000
-3.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.21%
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
Delong Family Trust Of 2012 -- None Available
The Delong Family Trust $898,000 Unified Title Company Of Nor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delong Paul R $172,700
Closed Delong Paul R $170,500
Closed Delong Paul R $177,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2020 05/03/20 Off Market $898,000 -- --
07/25/2014 07/25/14 Sold $898,000 -3.4% $161 / Sq Ft
06/28/2014 06/28/14 For Sale $930,000 -- $166 / 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 $1,682 $21,219 $1,668 $19,551
2024 $1,601 $21,219 $1,668 $19,551
2022 $1,433 $15,179 $1,731 $13,448
2021 $1,448 $15,615 $1,780 $13,835
2020 $1,567 $16,745 $1,780 $14,965
2019 $1,574 $16,745 $1,780 $14,965
2018 $1,215 $13,327 $1,793 $11,534
2017 $1,210 $13,327 $1,793 $11,534
2016 $946 $10,364 $1,982 $8,382
2015 $939 $10,360 $1,980 $8,380
2014 $812 $8,900 $1,980 $6,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 740485

IRES MLS

APN: 97201-81-001