NOT LISTED FOR SALE

Estimated Value: $435,000 - $469,000

3 Beds
2 Baths
1,330 Sq Ft
$336/Sq Ft Est. Value

Last Sold December 13, 2013

Last sale price $183,000 $138 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,657/month

54 Days on Market

Highlights

  • Clubhouse
  • Wood Flooring
  • Community Pool
  • Fort Collins High School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of December 2013

Turn key, pre-leased investment property. Newer low maintenance home with 2 year lease in place at $1,350/month. Great access to I-25. Updated appliances and finishes in this well kept home. HOA includes trash, cable, outside water. Optional pool membership.

Last Agent to Sell the Property

Robert Jones

Group Mulberry Listed on: 09/20/2013

Group Mulberry

Last Buyer's Agent

Robert Jones

Group Mulberry Listed on: 09/20/2013

Group Mulberry

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,553

Year Built

  • Built in 2002

Lot Details

  • 4,400 Sq Ft Lot
  • North Facing Home
  • Wood Fence
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stone

Interior Spaces

  • 1,330 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Putnam Elementary School
  • Lincoln Middle School
  • Poudre High School

Additional Features

  • Exterior Lighting
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number R1586766

Community Details

Overview

  • No Home Owners Association
  • Association fees include common amenities, trash, management, utilities
  • Built by Cobblestone
  • Waterglen Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Park

Building Details

  • Gross Income $1,323
  • Net Operating Income $1,071

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,553

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2002
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.1
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Waterglen
  • Directions: Vine East of Timberline, North (left) on Waterglen Drive, 3rd left on Lochside Lane. House is on the left.
  • Above Grade Finished Sq Ft: 1330
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1330
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1330
  • Window Features: Window Coverings
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Carpet
  • IRESDS_HasFamilyRoom: No
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 121
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 121
  • Room Bedroom3 Level: Main
  • Master Bedroom Master Bedroom Width: 11
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Wood Floor
  • Room Living Room Area: 240
  • Living Room Features: Carpet
  • Room Kitchen Area: 182
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 176
  • Room Dining Room Area: 160
  • Master Bathroom Features: Full Primary Bath

Exterior Features

  • Roof: Composition
  • Builder Name: Cobblestone
  • Fencing: Wood
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System
  • Waterfront: No
  • Construction Type: Wood/Frame, Stone
  • Direction Faces: North
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • IRESDS_Garage Sq Ft: 400
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Central Air
  • Electric: Electric, City of FTC
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: District Sewer
  • Water Source: District Water, ELCO
  • Gas Company: Natural Gas, Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Trash, Management, Utilities
  • Community Features: Clubhouse, Pool, Playground, Park
  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

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

Lot Info

  • Zoning: Res
  • Lot Size Sq Ft: 4400
  • Parcel #: R1586766
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 94

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 1323
  • Annual Operating Expense: 252

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2013
Closed on
Feb 3, 2014
Sold by
Nickel Brenda J and Nickel Tracy T
Bought by
Tbk Properties Llc
Seller's Agent
Robert Jones
Group Mulberry
Buyer's Agent
Robert Jones
Group Mulberry
List Price
$189,900
Sold Price
$183,000
Premium/Discount to List
-$6,900
-3.63%
Current Estimated Value
$448,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,552
Avg. Annual Appreciation
7.98%
Original Mortgage
$137,250
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2013
Closed on
Dec 13, 2013
Sold by
Allen Jordan Thomas and Allen Robyn Nicole
Bought by
Nickel Brenda J and Nickel Tracy T
Seller's Agent
Robert Jones
Group Mulberry
Buyer's Agent
Robert Jones
Group Mulberry
List Price
$189,900
Sold Price
$183,000
Premium/Discount to List
-$6,900
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,250
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2010
Sold by
Patton Penne
Bought by
Allen Jordan Thomas and Allen Robyn Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,938
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 2003
Sold by
Cobblestone Builders Llc
Bought by
Patton Pennie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,200
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
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
Tbk Properties Llc -- None Available
Nickel Brenda J $183,000 Tggt
Allen Jordan Thomas $169,000 None Available
Patton Pennie $171,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nickel Brenda J $137,250
Previous Owner Allen Jordan Thomas $165,938
Previous Owner Patton Pennie $137,200
Previous Owner Cobblestone Builders Llc $131,177
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $183,000 -- --
12/13/2013 12/13/13 Sold $183,000 -3.6% $138 / Sq Ft
11/13/2013 11/13/13 Pending -- -- --
09/20/2013 09/20/13 For Sale $189,900 -- $143 / 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 $2,553 $30,291 $2,345 $27,946
2024 $2,429 $30,291 $2,345 $27,946
2022 $2,030 $21,497 $2,433 $19,064
2021 $2,051 $22,115 $2,503 $19,612
2020 $1,913 $20,450 $2,503 $17,947
2019 $1,922 $20,450 $2,503 $17,947
2018 $1,597 $17,525 $2,520 $15,005
2017 $1,592 $17,525 $2,520 $15,005
2016 $1,399 $15,323 $2,786 $12,537
2015 $1,389 $15,950 $2,790 $13,160
2014 $1,185 $12,990 $2,790 $10,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 719701

IRES MLS

APN: 87044-05-135