NOT LISTED FOR SALE

Estimated Value: $952,593 - $1,098,000

6 Beds
4 Baths
3,520 Sq Ft
$291/Sq Ft Est. Value

Sale Details

Date Sold: August 17, 2012

Last sale price $373,500 $106 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $6,034 / mo

25 Days on Market

Highlights

  • No HOA
  • Lesher Middle School Rated A-
  • Forced Air Heating System

About This Home

As of August 2012

Hard to find 3 Unit Old Town Investment Property just 2 blocks from CSU! Great rental history/convenient to Old Town/Downtown and lots of parking. Newer roof, newer furnace. Hardwood flooring and unique charm of an older home. Basement has 3rd non-conforming bedroom. Located directly across the street from old Fort Collins high school and open space. Owner has obtained a CO for 3 units.

Last Agent to Sell the Property

Kenny Layton

Roots Real Estate Listed on: 05/30/2012

Last Buyer's Agent

Jim Watson

Group Mulberry

Group Mulberry

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,249

Year Built

  • Built in 1920

Lot Details

  • 6,980

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,520 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Schools

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

Additional Features

  • 6,980 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, trash collection
  • Assessor Parcel Number R0059650

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Crafts Resub Subdivision

Building Details

  • Gross Income $37,248
  • Net Operating Income $28,367

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,249

Year Built

Built in 1920

Lot Details

6,980 Sq Ft Lot

Listing Details

  • Year Built: 1920
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: Crafts Resub
  • Directions: From College head East on Pitkin. Property on north side of street.
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3520
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: All Appliances
  • Has Basement: 90%+ Finished Basement
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Utilities

  • Electric: Electric, City
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas, Excel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: 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: 6980
  • Parcel #: R0059650
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Trash Collection

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 2249

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 37248
  • Income Includes: ["Lease/Rents"]

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2020
Sold by
Lambkins Llc
Bought by
Current Estimated Value
$1,006,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,300
Outstanding Balance
$460,482
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$565,416

Purchase Details

Closed on
Apr 4, 2018
Sold by
Lambkins Llc
Bought by
Gustafson Joseph Merritt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2018
Sold by
Lambkins Llc and Gustfson Joseph M
Bought by
Gustafson Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2015
Sold by
Gustafson Joseph
Bought by
Lambkins Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Interest Rate
3.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2012
Closed on
Jul 25, 2012
Sold by
Thomas Scot Mchesney Irrecable Trust
Bought by
Gustafson Joseph
Seller's Agent
Kenny Layton
Roots Real Estate
Buyer's Agent
Jim Watson
Group Mulberry
List Price
$385,000
Sold Price
$373,500
Premium/Discount to List
-$11,500
-2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$280,125
Interest Rate
2.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2012
Sold by
Tom Mcchesney Llc
Bought by
Thomas Scott Mcchesney Irrevocabel Trust

Purchase Details

Closed on
Oct 27, 2010
Sold by
Constance B Mcchesney Revocable Trust
Bought by
Tom Mcchesney Llc

Purchase Details

Closed on
Oct 2, 2002
Sold by
Mcchesney Thomas S and Mcchesney Constance Butler
Bought by
Constance B Mcchesney Revocable Trust

Purchase Details

Closed on
Nov 24, 2001
Sold by
Hoel Robert F
Bought by
Hoel Robert F and Hoel Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.04%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Historic Fort Collins High School, CO

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Servicelink
Gustafson Joseph Merritt -- None Available
Lambkins Llc -- None Available
Gustafson Joseph M -- None Available
Lambkins Llc -- None Available
Gustafson Joseph $373,500 North Amer Title Co Of Co
Thomas Scott Mcchesney Irrevocabel Trust -- None Available
Tom Mcchesney Llc -- None Available
Constance B Mcchesney Revocable Trust -- --
Hoel Robert F -- --
Mcchesney Thomas S $283,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $113,817
Open Gustafson Joseph Merritt $531,300
Previous Owner Gustafson Joseph Merritt $525,000
Previous Owner Lambkins Llc $329,000
Previous Owner Gustafson Joseph $280,125
Previous Owner Mcchesney Thomas S $210,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $373,500 -- --
08/17/2012 08/17/12 Sold $373,500 -3.0% $106 / Sq Ft
07/18/2012 07/18/12 Pending -- -- --
05/30/2012 05/30/12 For Sale $385,000 -- $109 / Sq Ft
Source: IRES MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,749 $61,894 $2,813 $59,081
2024 $5,470 $63,596 $3,015 $60,581
2022 $3,742 $39,624 $3,060 $36,564
2021 $3,865 $41,664 $3,218 $38,446
2020 $5,495 $58,731 $3,218 $55,513
2019 $5,519 $58,731 $3,218 $55,513
2018 $3,967 $43,524 $3,240 $40,284
2017 $3,953 $43,524 $3,240 $40,284
2016 $2,679 $29,349 $3,582 $25,767
2015 $2,660 $29,350 $3,580 $25,770
2014 $2,593 $28,430 $3,580 $24,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE682578

IRES MLS

APN: 97133-20-015

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