NOT LISTED FOR SALE

Estimated Value: $507,000 - $659,000

4 Beds
2 Baths
1,512 Sq Ft
$384/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $395,000 $261 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,416/month

9 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Fenced
  • Cooling Available
  • Ceiling Fan
  • 1-Story Property

About This Home

As of June 2020

Great opportunity to own a multi family in north Fort Collins. Only 10 minutes from old town, this duplex sits on a huge lot, each side has a large fenced in back yard and a 1 car attached garage. Perfect for an investor or an owner occupant to live in one side and rent out the other. 1 unit is available and the other unit is rented month-to-month. Rents are $1300/month and $1250/month. Brand new water heaters in both units! Landlord pays for water and trash.

Last Agent to Sell the Property

Steven Shafer

The Crisafulli Group Listed on: 04/28/2020

Last Buyer's Agent

Crip Erickson

Enjoy Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,592

Year Built

  • Built in 1968

Lot Details

  • 0.37 Acre Lot
  • Property fronts a county road
  • Dirt Road
  • Fenced

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Septic System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0164194

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Gutscher Acres Subdivision

Building Details

  • Gross Income $30,600
  • Net Operating Income $29,061

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,592

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Year Built: 1968
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.37
  • Road Frontage Type: County Road
  • Road Surface Type: Dirt
  • Subdivision Name: GUTSCHER ACRES
  • Directions: head north on hwy 1, right (east) on Douglas, right (south) highland drive, house is on the left at the end
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1512
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: Crawl Space
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, PV REA
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic
  • Water Source: District Water, ELCO
  • Gas Company: Natural Gas, Xcel

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: Wellington

Lot Info

  • Zoning: FA Farmin
  • Lot Size Sq Ft: 16171
  • Parcel #: R0164194
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2592

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 30600
  • Annual Operating Expense: 1539

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2015
Sold by
F & K Partners Llp
Bought by
Bender William and Olander Trinity
Current Estimated Value
$580,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,690
Outstanding Balance
$205,487
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$379,620

Purchase Details

Closed on
Dec 4, 2009
Sold by
Buxton George G
Bought by
F & K Partners Llc

Purchase Details

Closed on
Jan 1, 1994
Sold by
Delozier Lou Ann Family Trust
Bought by
Buxton George

Purchase Details

Closed on
Jan 1, 1992
Sold by
Delozier Lou Ann M
Bought by
Delozier Lou Ann Family Trust
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
Bender William $270,200 Fidelity National Title
F & K Partners Llc -- None Available
Buxton George $89,000 --
Delozier Lou Ann Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bender William J $65,000
Open Bender William $256,690
Previous Owner Buxton George G $141,500
Previous Owner Buxton George G $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Off Market $395,000 -- --
06/12/2020 06/12/20 Sold $395,000 -4.8% $261 / Sq Ft
04/28/2020 04/28/20 For Sale $415,000 -- $274 / 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 $3,318 $37,822 $2,613 $35,209
2024 $3,159 $37,822 $2,613 $35,209
2022 $2,556 $26,778 $2,652 $24,126
2021 $2,635 $28,157 $2,789 $25,368
2020 $2,581 $27,335 $2,789 $24,546
2019 $2,592 $27,335 $2,789 $24,546
2018 $1,949 $21,197 $2,808 $18,389
2017 $1,942 $21,197 $2,808 $18,389
2016 $1,176 $12,767 $3,104 $9,663
2015 $1,167 $12,760 $3,100 $9,660
2014 -- $11,450 $2,430 $9,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 909939

IRES MLS

APN: 98251-05-014