NOT LISTED FOR SALE

3424 Mcconnell Dr Laporte, CO 80535

Estimated Value: $504,000 - $596,000

2 Beds
1 Bath
1,988 Sq Ft
$267/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $440,000 $221 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,053/month

79 Days on Market

Highlights

  • Contemporary Architecture
  • Forced Air Heating System
  • Dining Room
  • No HOA

About This Home

As of November 2021

Rare opportunity! Projected CAP Rate 6.02 - Side by side duplex in the heart of up-and-coming Laporte with excellent rental history. Only 10 mins to Old Town FoCo, right on the Poudre trail, 2 blocks to the Poudre River, 1 block to Cache La Poudre Middle School. Stroll to breakfast at Verns or Me Oh My Pie & grab a drink at Swing Station! Both units are 2 bed, 1 bath, each has 1-car att garage, fenced yard & storage shed PLUS extra parking space for car or trailer. Well-maintained units w/ updates. Live in one, rent the other OR rent both for nice cash flow. Owner will carry for the right terms!

Last Agent to Sell the Property

The Mullenberg Team

eXp Realty - Northern CO Listed on: 07/08/2021

Co-Listed By

Chris Mullenberg

eXp Realty - Northern CO

Last Buyer's Agent

Jennifer Golden

Group Mulberry

Group Mulberry

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,949

Year Built

  • Built in 1977

Lot Details

  • 0.35

Home Design

  • Contemporary Architecture
  • Property Attached
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,988 Sq Ft Home
  • 2-Story Property
  • Dining Room

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Cache La Poudre Elementary And Middle School
  • Poudre High School

Additional Features

  • 0.35 Acre Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0236250

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Cotton Willow Estates Subdivision

Building Details

  • Gross Income $33,264
  • Net Operating Income $27,715

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,949

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Year Built: 1977
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.35
  • Co List Office Mls Id: KWFTG
  • Subdivision Name: Cotton Willow Estates
  • Architectural Style: Contemporary/Modern
  • Unit Levels: Bi-Level
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1988
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 2
  • Interior Amenities: Separate Dining Room
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Cache La Poudre
  • HighSchool: Poudre
  • Junior High Dist: Poudre
  • Middle Or Junior School: Cache La Poudre

Lot Info

  • Zoning: M
  • Lot Size Sq Ft: 15382
  • Parcel #: R0236250
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity, Water, Sewer, Trash Collection

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2949

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 33264
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 5549

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Nov 1, 2021
Sold by
Midland Ira Inc
Bought by
Olaughlin Christopher and Olaughlin Stacey
Seller's Agent
The Mullenberg Team
eXp Realty - Northern CO
Buyer's Agent
Jennifer Golden
Group Mulberry
List Price
$519,000
Sold Price
$440,000
Premium/Discount to List
-$79,000
-15.22%
Current Estimated Value
$531,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,780
Avg. Annual Appreciation
4.95%
Original Mortgage
$330,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2015
Sold by
Kahler Roy and Kahler Mary
Bought by
Midland Ira Inc and James Kurt

Purchase Details

Closed on
Mar 1, 1984
Bought by
Kahler Roy and Kahler Mary
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
Olaughlin Christopher $440,000 First American
Midland Ira Inc $280,000 Unified Title Co
Kahler Roy $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olaughlin Christopher $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2022 01/30/22 Off Market $440,000 -- --
11/01/2021 11/01/21 Sold $440,000 -4.3% $221 / Sq Ft
09/20/2021 09/20/21 Price Changed $460,000 -7.1% $231 / Sq Ft
09/03/2021 09/03/21 Price Changed $495,000 -2.8% $249 / Sq Ft
08/13/2021 08/13/21 Price Changed $509,000 -1.9% $256 / Sq Ft
07/08/2021 07/08/21 For Sale $519,000 -- $261 / 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 $2,806 $32,549 $2,680 $29,869
2024 $2,671 $32,549 $2,680 $29,869
2022 $2,745 $28,757 $2,720 $26,037
2021 $2,830 $30,237 $2,860 $27,377
2020 $2,949 $31,238 $2,860 $28,378
2019 $2,963 $31,238 $2,860 $28,378
2018 $2,074 $22,558 $2,880 $19,678
2017 $2,067 $22,558 $2,880 $19,678
2016 $1,695 $18,404 $3,184 $15,220
2015 $1,683 $18,400 $3,180 $15,220
2014 $1,489 $16,180 $2,550 $13,630
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    The Mullenberg Team

    eXp Realty - Northern CO

    (970) 889-0371

    1 in this area

    124 Total Sales

    The Mullenberg Team
    Section Image
  • Chris Mullenberg

    Seller Co-Listing Agent in 2021

    Chris Mullenberg

    eXp Realty - Northern CO

    (970) 413-1589

    1 in this area

    163 Total Sales

    Chris Mullenberg
    Section Image
  • Jennifer Golden

    Buyer's Agent in 2021

    Jennifer Golden

    Group Mulberry

    (970) 223-0700

    1 in this area

    50 Total Sales

    Jennifer Golden
    Section Image
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Map

Source: IRES MLS

MLS Number: 945385

IRES MLS

APN: 98293-09-001

Colorado Larimer County Laporte 80535

3424 Mcconnell Dr, Laporte, CO

This home is located at 3424 Mcconnell Dr, Laporte, CO 80535 since 08 July 2021 and is currently estimated at $531,780, approximately $267 per square foot. This property was built in 1977. 3424 Mcconnell Dr is a home located in Larimer County with nearby schools including Cache La Poudre Elementary School, Cache La Poudre Middle School, and Poudre High School.

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.

IRES MLS 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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