E
Seller's Agent in 2019
Emily Phillips
Equity Colorado-Front Range
(303) 652-4911
7 Total Sales
318 N Grant Ave Unit A & B Fort Collins, CO 80521
Martinez Park-Capitol Hill NeighborhoodEstimated Value: $568,000 - $1,045,000
3
Beds
1
Bath
2,016
Sq Ft
$426/Sq Ft
Est. Value
Highlights
- Open Floorplan
- No HOA
- Eat-In Kitchen
- Deck
- Balcony
- Air Conditioning
About This Home
As of November 2019Turnkey fully-furnished short-term rental in North Old Town Fort Collins. Property is in primary zoning district but has been grandfathered in as non-primary, so both units are active, licensed short-term rentals. STR license is transferable. Both units have been recently renovated and are very well maintained. Revenue of approximately $84,000/yr. Great income-producer with room for improvement, if closely managed. Please schedule all showings. No sign on property. Please do not disturb guests.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,569
Year Built
- Built in 1984
Lot Details
- 6,482 Sq Ft Lot
- West Facing Home
- Partially Fenced Property
- Wood Fence
Parking
- Alley Access
Home Design
- Duplex
- Composition Roof
- Composition Shingle
Interior Spaces
- 2,016 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Ceiling Fan
- Window Treatments
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Balcony
- Deck
- Patio
- Outdoor Storage
Schools
- Putnam Elementary School
- Lincoln Middle School
- Poudre High School
Utilities
- Air Conditioning
- Baseboard Heating
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number R0029459
Community Details
Overview
- No Home Owners Association
- 2 Units
- West Side Subdivision
Building Details
- Gross Income $83,877
- Net Operating Income $75,529
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2019
Closed on
Nov 8, 2019
Sold by
Tandem Holdings Llc
Bought by
Johnson Taylor Family Properties Lllp
Seller's Agent
Emily Phillips
Equity Colorado-Front Range
Buyer's Agent
Linda Stenson
Group Loveland
List Price
$875,000
Sold Price
$842,500
Premium/Discount to List
-$32,500
-3.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,389
Avg. Annual Appreciation
-1.15%
Purchase Details
Closed on
Aug 8, 2018
Sold by
Phillips Brian and Phillips Emily A
Bought by
Tandem Holdings Llc
Purchase Details
Closed on
Sep 15, 2017
Sold by
Tandem Holdings Llc
Bought by
Phillips Brian and Phillips Emily A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,625
Interest Rate
5%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 31, 2017
Sold by
Johnson Matthew P and Johnson Amy Beth
Bought by
Tandem Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,625
Interest Rate
5%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 19, 2015
Sold by
Johnson Matthew P
Bought by
Johnson Matthew P and Johnson Amy Beth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,402
Interest Rate
4.4%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 20, 2012
Sold by
Johnson Matthew P and Johnson Hillary G
Bought by
Johnson Matthew P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,020
Interest Rate
3.62%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 31, 2009
Sold by
Johnson Mark S and Johnson Jane G
Bought by
Johnson Matthew P and Johnson Hillary G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,562
Interest Rate
5.16%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 29, 2001
Sold by
Hobbits Glenn Investments Llc
Bought by
Johnson Mark S and Johnson Jane G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
7.16%
Purchase Details
Closed on
Sep 22, 2000
Sold by
Eisaman Scott D and Burroughs Mitch M
Bought by
Hobbits Glenn Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.97%
Purchase Details
Closed on
Jul 20, 1998
Sold by
Berkley Brauch Richard L
Bought by
Moorman Leo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,344
Interest Rate
7.05%
Purchase Details
Closed on
Aug 1, 1994
Sold by
Brauch Mary L
Bought by
Brauch Virginia C
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Johnson Taylor Family Properties Lllp | $842,500 | Land Title Guarantee Co | |
| Tandem Holdings Llc | -- | Land Title Guarantee Co | |
| Phillips Brian | -- | Land Title Guarantee | |
| Tandem Holdings Llc | $815,000 | Land Title Guarantee Company | |
| Johnson Matthew P | -- | Unified Title Company Of Nor | |
| Johnson Matthew P | -- | Land Title Guarantee Company | |
| Johnson Matthew P | $245,000 | Security Title | |
| Johnson Mark S | $189,000 | Land Title Guarantee Company | |
| Hobbits Glenn Investments Llc | -- | Land Title Guarantee Company | |
| Burroughs Mitch M | $180,000 | Land Title Guarantee Company | |
| Moorman Leo | $151,680 | -- | |
| Brauch Virginia C | $27,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Phillips Emily A | $580,000 | |
| Previous Owner | Tandem Holdings Llc | $15,625 | |
| Previous Owner | Johnson Matthew P | $305,402 | |
| Previous Owner | Johnson Matthew P | $230,020 | |
| Previous Owner | Johnson Matthew P | $240,562 | |
| Previous Owner | Johnson Mark S | $205,000 | |
| Previous Owner | Johnson Mark S | $151,200 | |
| Previous Owner | Burroughs Mitch M | $153,000 | |
| Previous Owner | Moorman Leo | $121,344 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/06/2020 02/06/20 | Off Market | $842,500 | -- | -- |
| 11/08/2019 11/08/19 | Sold | $842,500 | -3.7% | $418 / Sq Ft |
| 08/26/2019 08/26/19 | For Sale | $875,000 | -- | $434 / Sq Ft |
Source: IRES MLS
Tax History Compared to Growth
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 | $4,239 | $47,865 | $6,030 | $41,835 |
| 2024 | $4,033 | $47,865 | $6,030 | $41,835 |
| 2022 | $3,782 | $40,052 | $6,120 | $33,932 |
| 2021 | $3,906 | $42,114 | $6,435 | $35,679 |
| 2020 | $3,081 | $32,926 | $6,435 | $26,491 |
| 2019 | $3,094 | $32,926 | $6,435 | $26,491 |
| 2018 | $2,569 | $28,188 | $6,480 | $21,708 |
| 2017 | $2,560 | $28,188 | $6,480 | $21,708 |
| 2016 | $1,911 | $20,935 | $7,164 | $13,771 |
| 2015 | $1,897 | $20,930 | $7,160 | $13,770 |
| 2014 | $1,542 | $16,900 | $3,980 | $12,920 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2019
Linda Stenson
Group Loveland
(970) 685-4905
130 Total Sales
Map
Source: IRES MLS
MLS Number: 892340
APN: 97112-28-020
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed by the MLS.
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