NOT LISTED FOR SALE

Estimated Value: $605,631 - $998,000

5 Beds
2 Baths
2,210 Sq Ft
$355/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $594,000 $269 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,436/month

43 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Home Office
  • Lesher Middle School Rated A-
  • No HOA
  • Wood Frame Window

About This Home

As of May 2018

Charming all Brick Bungalow/Queen Ann Victorian! A legal duplex in Old Town! Great Investment property, incredible location (2 apts) OR live upstairs and rent out bsmt. Also has STR license. Main flr has 3 bdrms, 1 ba ($2100/mo lease exp 7/31/18). Bsmt apt has 2 bdrms, 1 ba ($1050/mo lease exp 7/31/18). Front porch entry, thin Oak hardwood floors throughout 1st floor, fireplace, separate din rm, high ceilings, built-in cabinets, sunporch off kitchen, shared laundry room. 24 hour notice required.

Last Agent to Sell the Property

Michael Jensen

Fort Collins Real Estate, LLC License #40005723 Listed on: 03/19/2018

Last Buyer's Agent

David Gustafson

Group Mulberry

Group Mulberry

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,033

Year Built

  • Built in 1910

Lot Details

  • 7,202 Sq Ft Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot

Home Design

  • Property Attached
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 2,210 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Gas Fireplace
  • Window Treatments
  • Wood Frame Window
  • Dining Room
  • Home Office
  • Finished Basement
  • Laundry in Basement
  • Electric Oven or Range

Flooring

  • Wood
  • Carpet

Laundry

  • Dryer
  • Washer

Schools

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

Additional Features

  • Exterior Lighting
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number R0629847

Community Details

Overview

  • No Home Owners Association
  • Crafts Resub Subdivision

Building Details

  • Gross Income $36,666
  • Net Operating Income $33,633

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,033

Year Built

Built in 1910

Lot Details

7,202 Sq Ft Lot

Listing Details

  • Year Built: 1910
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Crafts Resub
  • Directions: College & Prospect North to Edwards Street, turn right (East) cross over Matthews, property is on the right hand side
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2210
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator, Washer, Dryer
  • Has Basement: 90%+ Finished Basement
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Study Area, Separate Dining Room, Open Floorplan
  • Window Features: Window Coverings, Wood Frames
  • Room Bedroom3 Features: Wood Floor
  • Dining Room Features: Wood Floor
  • IRESDS_HasFamilyRoom: No
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: Main
  • Room Bedroom4 Features: Carpet
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Wood Floor
  • Master Bedroom Features: Wood Floor
  • Room Bedroom5 Level: Basement
  • Room Bedroom5 Features: Carpet
  • Room Kitchen Features: Wood Floor
  • Living Room Features: Wood Floor
  • Dining Room Dining Room Level: Main
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Fenced, Chain Link
  • Lot Features: Curbs, Gutters, Sidewalks, Level
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • IRESDS_GarageType: None

Utilities

  • Electric: Electric
  • Heating: Hot Water
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups, In Basement
  • Heating Yn: Yes
  • Water Source: City Water, District Water, City of Fort Collins
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Laurel
  • HighSchool: Ft Collins
  • Junior High Dist: Poudre
  • Middle Or Junior School: Lesher

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 7202
  • Parcel #: R0629847
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3033

Multi Family

  • Annual Gross Income: 36666

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2018
Closed on
May 31, 2018
Sold by
Hji Llc
Bought by
Gustafson Joseph M
Seller's Agent
Michael Jensen
Fort Collins Real Estate, LLC
Buyer's Agent
David Gustafson
Group Mulberry
List Price
$595,000
Sold Price
$594,000
Premium/Discount to List
-$1,000
-0.17%
Current Estimated Value
$784,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,408
Avg. Annual Appreciation
3.62%
Original Mortgage
$442,425
Outstanding Balance
$381,758
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$402,650

Purchase Details

Closed on
Oct 27, 2011
Sold by
Heckel Jensen Investments Llc
Bought by
Hji Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2008
Sold by
The Jensen Investment Group Llc
Bought by
Heckel Jensen Investments Llc

Purchase Details

Closed on
Jun 6, 2008
Sold by
Jensen Michael Lloyd
Bought by
The Jensen Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2008
Sold by
The Jensen Investment Group Llc
Bought by
Heckel Jensen 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
$200,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2005
Sold by
Hoyt Brian
Bought by
Rusbridge Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 16, 2005
Sold by
The Jensen Investment Group Llc
Bought by
Hoyt Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 1, 2005
Sold by
B R E 321 Edwards Llc
Bought by
The Jensen Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2004
Sold by
Jensen Bantham & Mincher Llc
Bought by
Jbm 321 Llc

Purchase Details

Closed on
Jan 16, 2003
Sold by
Bantham Andrew R
Bought by
B R E 321 Edwards Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.05%

Purchase Details

Closed on
Dec 9, 2002
Sold by
B R E 321 Edwards Llc
Bought by
Bantham Andrew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.05%

Purchase Details

Closed on
Jun 29, 2001
Sold by
Bantham Andrew R
Bought by
B R E - 321 Edwards Llc

Purchase Details

Closed on
Sep 30, 1998
Sold by
Kotin Edward H
Bought by
Bantham Andrew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.92%

Purchase Details

Closed on
Mar 1, 1994
Sold by
Kaley Prudence M
Bought by
Kotin Edward H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gustafson Joseph M $594,000 Land Title Guarantee Co
Hji Llc -- None Available
Heckel Jensen Investments Llc -- None Available
The Jensen Investment Group Llc -- Land Title Guarantee Company
Jensen Michael Lloyd -- Land Title Guarantee Company
Heckel Jensen Investments Llc -- None Available
Rusbridge Lp -- --
Hoyt Brian $300,000 Land Title Guarantee Company
The Jensen Investment Group Llc -- Land Title Guarantee Company
B R E 321 Edwards Llc -- --
Jbm 321 Llc -- --
Jensen Bantham & Mincher Llc -- --
B R E 321 Edwards Llc -- --
Bantham Andrew R -- --
B R E - 321 Edwards Llc -- --
Bantham Andrew R $175,000 --
Kotin Edward H $123,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gustafson Joseph M $442,425
Previous Owner Hji Llc $25,000
Previous Owner Jensen Michael Lloyd $200,000
Previous Owner Hoyt Brian $240,000
Previous Owner The Jensen Investment Group Llc $35,000
Previous Owner Bantham Andrew R $224,000
Previous Owner Bantham Andrew R $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $594,000 -- --
05/31/2018 05/31/18 Sold $594,000 -0.2% $269 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $595,000 -- $269 / Sq Ft
Source: IRES MLS

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 $4,248 $43,751 $2,813 $40,938
2024 $4,042 $47,959 $3,015 $44,944
2022 $2,631 $27,860 $3,060 $24,800
2021 $2,717 $29,294 $3,218 $26,076
2020 $3,855 $41,206 $3,218 $37,988
2019 $3,872 $41,206 $3,218 $37,988
2018 $3,043 $33,394 $3,240 $30,154
2017 $3,033 $33,394 $3,240 $30,154
2016 $2,075 $22,726 $3,582 $19,144
2015 $2,060 $22,720 $3,580 $19,140
2014 $1,695 $18,580 $3,580 $15,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE844425

IRES MLS

APN: 97133-20-005

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