NOT LISTED FOR SALE

Estimated Value: $652,173 - $768,000

4 Beds
2 Baths
1,846 Sq Ft
$388/Sq Ft Est. Value

Last Sold November 23, 2015

Last sale price $450,000 $244 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,155/month

21 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Brick Veneer
  • Dunn Elementary School Rated A-
  • Eat-In Kitchen
  • Patio

About This Home

As of November 2015

Location! Location! Location! Close to City Park, CSU and Old Town. Currently owner living on main level and renting the lower level. Each unit has a single car garage. Move in ready! Could be converted back to single family very easily. Fenced back yard with water feature, grape arbor and nice landscaping.Seller would like to see a back up on this property.

Last Agent to Sell the Property

Kathy Mahaffey

Kathy Mahaffey RE Services Listed on: 10/03/2015

Last Buyer's Agent

Nick Norton

Waypoint Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,405

Year Built

  • Built in 1951

Lot Details

  • 9,500 Sq Ft Lot
  • Fenced

Home Design

  • Property Attached
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 1,846 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Washer and Dryer Hookup
  • Finished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Dunn Elementary School
  • Lincoln Middle School
  • Poudre High School

Additional Features

  • Patio
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number R0023116

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Scott Sherwood Subdivision

Building Details

  • Gross Income $33,600
  • Net Operating Income $31,195

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,405

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Year Built: 1951
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.22
  • Subdivision Name: Scott Sherwood
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1846
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: 90%+ Finished Basement
  • Total Bedrooms: 4
  • Entry Location: Outside Entry
  • Flooring: Wood Floors
  • Interior Amenities: Eat-in Kitchen, Outside Entry
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Curbs, Gutters
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Water Source: City Water, City
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Dunn
  • HighSchool: Poudre
  • Junior High Dist: Poudre
  • Middle Or Junior School: Lincoln

Lot Info

  • Zoning: Duplex/Tri
  • Lot Size Sq Ft: 9500
  • Parcel #: R0023116
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2405

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 33600
  • Annual Operating Expense: 2405

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2015
Closed on
Nov 23, 2015
Sold by
Byrd Kevin
Bought by
Norton Nicholas and Norton Meghan
Seller's Agent
Kathy Mahaffey
Kathy Mahaffey RE Services
Buyer's Agent
Nick Norton
Waypoint Real Estate
List Price
$460,000
Sold Price
$450,000
Premium/Discount to List
-$10,000
-2.17%
Current Estimated Value
$703,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,583
Avg. Annual Appreciation
4.89%
Original Mortgage
$400,150
Interest Rate
3.8%
Mortgage Type
VA

Purchase Details

Closed on
Jul 24, 2009
Sold by
Beckner Bruce A and Beckner Vicky G
Bought by
Byrd Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,167
Interest Rate
5.71%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 25, 2008
Sold by
Ahmsi Default Services Inc
Bought by
Beckner Bruce A and Beckner Vicky G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2008
Sold by
American Home Mortgage Servicing
Bought by
Ahmsi Default Services Inc

Purchase Details

Closed on
Aug 21, 2007
Sold by
Mohr Andrew
Bought by
American Home Mortgage Servicing

Purchase Details

Closed on
Sep 21, 2006
Sold by
Zook David J
Bought by
Mohr Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
2.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2005
Sold by
Ingraham E Blake
Bought by
Zook David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2005
Sold by
318 Scott Llc
Bought by
Ingraham E Blake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2004
Sold by
Ingraham E Blake
Bought by
318 Scott Llc

Purchase Details

Closed on
Nov 1, 1992
Sold by
Peters David M
Bought by
Ingraham E Blake
Source: Public Records

Range of Values:

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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
Norton Nicholas $450,000 Stewart Title
Byrd Kevin $322,000 None Available
Beckner Bruce A $190,000 Security Title
Ahmsi Default Services Inc -- None Available
American Home Mortgage Servicing -- None Available
Mohr Andrew $345,000 Security Title
Zook David J $225,000 --
Ingraham E Blake -- --
318 Scott Llc -- --
Ingraham E Blake $81,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norton Nicholas $436,465
Closed Norton Nicholas $440,098
Closed Norton Meghan $75,000
Closed Norton Nicholas $461,925
Closed Ndrton Nicholas $396,830
Closed Norton Nicholas $400,150
Previous Owner Byrd Kevin $316,167
Previous Owner Beckner Bruce A $171,000
Previous Owner Mohr Andrew $276,000
Previous Owner Zook David J $229,250
Previous Owner Zook David J $220,000
Previous Owner Ingraham E Blake $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $450,000 -- --
11/23/2015 11/23/15 Sold $450,000 -2.2% $244 / Sq Ft
10/24/2015 10/24/15 Pending -- -- --
10/03/2015 10/03/15 For Sale $460,000 -- $249 / 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 $3,632 $41,540 $4,690 $36,850
2024 $3,456 $41,540 $4,690 $36,850
2022 $3,853 $40,800 $4,760 $36,040
2021 $3,979 $42,900 $5,005 $37,895
2020 $4,014 $42,900 $5,005 $37,895
2019 $4,031 $42,900 $5,005 $37,895
2018 $3,249 $35,654 $5,040 $30,614
2017 $3,238 $35,654 $5,040 $30,614
2016 $2,565 $28,099 $5,572 $22,527
2015 $2,547 $28,100 $5,570 $22,530
2014 $2,405 $26,370 $5,570 $20,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 776543

IRES MLS

APN: 97104-23-013