NOT LISTED FOR SALE

Estimated Value: $565,321 - $660,000

4 Beds
2 Baths
1,820 Sq Ft
$333/Sq Ft Est. Value

Last Sold May 06, 2020

Last sale price $480,000 $264 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,504/month

108 Days on Market

Highlights

  • 0.19 Acre Lot
  • Open Floorplan
  • No HOA
  • Rocky Mountain High School Rated A-
  • Cathedral Ceiling
  • Cooling Available

About This Home

As of May 2020

Newly painted and newer appliances in this duplex that has great income potential. Newer roof and 3208 has an updated kitchen. Has current renters on month to month and are willing to continue renting with new owners. This is two units selling as one property because there is one water meter for the whole property. Addresses are 3208 and 3210. Close to Horsetooth, hiking, CSU, old town, restaurants, shopping, and more! Very desirable location!

Last Agent to Sell the Property

Tanya Christianson

RE/MAX Alliance-FTC South Listed on: 09/26/2019

RE/MAX Alliance-FTC South

Last Buyer's Agent

Kevin Bolin

West and Main Homes

West and Main Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,246

Year Built

  • Built in 1975

Lot Details

  • 8,326 Sq Ft Lot
  • Fenced

Home Design

  • Property Attached
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,820 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Schools

  • Irish Elementary School
  • Blevins Middle School
  • Poudre High School

Utilities

  • Cooling Available
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for taxes
  • Assessor Parcel Number R1234641

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Westgate Subdivision

Building Details

  • Gross Income $28,800
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,246

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Year Built: 1975
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.19
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Westgate
  • Unit Levels: Tri-Level
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1820
  • Special Features: None
  • Stories: 3

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Disposal
  • Has Basement: None
  • Total Bedrooms: 4
  • Interior Amenities: Separate Dining Room, Cathedral/Vaulted Ceilings, Open Floorplan
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric
  • Heating: Baseboard
  • Utilities: Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Fort Collins

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: MMN
  • Lot Size Sq Ft: 8326
  • Parcel #: R1234641
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Taxes

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28800
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
May 6, 2020
Sold by
Wells Peggy Ann
Bought by
Sturn Andrew P and Peterson Susan R
Seller's Agent
Tanya Christianson
RE/MAX Alliance-FTC South
Buyer's Agent
Kevin Bolin
West and Main Homes
List Price
$565,000
Sold Price
$480,000
Premium/Discount to List
-$85,000
-15.04%
Current Estimated Value
$606,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,830
Avg. Annual Appreciation
4.17%
Original Mortgage
$360,000
Outstanding Balance
$322,909
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$274,675

Purchase Details

Closed on
Jun 2, 1999
Sold by
Schmidt Hubert O
Bought by
Wells Peggy Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
8.8%

Purchase Details

Closed on
Jun 1, 1986
Bought by
Schmidt Hubert O
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
Sturn Andrew P $480,000 First American
Wells Peggy Ann $165,000 North American Title Co
Schmidt Hubert O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sturm Andrew P $90,000
Open Sturn Andrew P $360,000
Previous Owner Wells Peggy Ann $181,700
Previous Owner Wells Peggy Ann $132,000
Closed Wells Peggy Ann $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2020 08/05/20 Off Market $480,000 -- --
05/06/2020 05/06/20 Sold $480,000 -4.0% $264 / Sq Ft
01/02/2020 01/02/20 Price Changed $499,900 -2.9% $275 / Sq Ft
12/11/2019 12/11/19 Price Changed $515,000 -3.7% $283 / Sq Ft
11/03/2019 11/03/19 Price Changed $535,000 -1.8% $294 / Sq Ft
10/05/2019 10/05/19 Price Changed $545,000 -3.5% $299 / Sq Ft
09/26/2019 09/26/19 For Sale $565,000 -- $310 / 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 $3,246 $37,513 $3,015 $34,498
2024 $3,088 $37,513 $3,015 $34,498
2022 $2,758 $29,213 $3,060 $26,153
2021 $2,849 $30,717 $3,218 $27,499
2020 $2,854 $30,502 $3,218 $27,284
2019 $2,866 $30,502 $3,218 $27,284
2018 $2,271 $24,919 $3,240 $21,679
2017 $2,263 $24,919 $3,240 $21,679
2016 $1,637 $17,934 $3,582 $14,352
2015 $1,625 $17,930 $3,580 $14,350
2014 $1,613 $17,680 $3,580 $14,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 895179

IRES MLS

APN: 97201-12-006