Seller's Agent in 2022
Richard Payne Jr
Property Partners
(970) 691-5222
1 in this area
70 Total Sales
400 Lilac Ln Fort Collins, CO 80524
Old Town NeighborhoodEstimated Value: $488,078 - $577,000
3
Beds
1
Bath
928
Sq Ft
$560/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Corner Lot
- Air Conditioning
- Lesher Middle School Rated A-
- No HOA
- Patio
About This Home
As of June 2022What a gem! Great affordable Old Town East Home on large corner lot! Hardwood floors, w/ an updated kitchen and bathroom. New interior/exterior paint, new tankless water heater, new 6ft privacy fence. Updated vinyl windows, roof, and gutters here too. Additional fully fenced parking area off of Lilac & Magnolia ideal for an R/V and boat storage or room to build a detached 2-3 car garage. NO HOA on this super roomy corner lot! So much potential, and so much income! House is currently leased at $2,900-$3,000/mo as a fully furnished 1-6 month landing spot for Zoom boom workers, traveling nurses, and others visiting the Choice City. SUPERB VALUE HERE! Side lot on Magnolia is rented to those that desire to store cars here on a monthly basis at $40/month per car. An additional $160-$320 per month in parking income has been generated here too!!! This is a super solid single family residence in a superb location that is ready for you to call your new HOME close to everything Fort Collins!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,321
Year Built
- Built in 1950
Lot Details
- 6,800 Sq Ft Lot
- Wood Fence
- Corner Lot
Home Design
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 928 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Window Treatments
- Dining Room
- Laundry on main level
Kitchen
- Electric Oven or Range
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Patio
- Outdoor Storage
Schools
- Laurel Elementary School
- Lesher Middle School
- Ft Collins High School
Utilities
- Air Conditioning
- Forced Air Heating System
Community Details
- No Home Owners Association
- Ftc Subdivision
Listing and Financial Details
- Assessor Parcel Number R0047597
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2022
Closed on
Jun 10, 2022
Sold by
North Colorado Lofts Llc
Bought by
Barrientos Evan Michael
Seller's Agent
Richard Payne Jr
Property Partners
Buyer's Agent
Tamara Suppes
Group Harmony
List Price
$499,000
Sold Price
$489,500
Premium/Discount to List
-$9,500
-1.9%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,520
Avg. Annual Appreciation
1.57%
Original Mortgage
$416,500
Outstanding Balance
$397,292
Interest Rate
5.23%
Mortgage Type
Balloon
Estimated Equity
$117,849
Purchase Details
Closed on
Jul 10, 2020
Sold by
Jennings Holdings Llc
Bought by
North Colorado Lofts Llc
Purchase Details
Closed on
May 26, 2017
Sold by
Jennings Troy
Bought by
Jennings Holdings Llc
Purchase Details
Closed on
Sep 5, 2003
Sold by
Davis Richard A and Stevenson Melanie M
Bought by
Jennings Troy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 1, 1995
Sold by
Scariano Daniel N
Bought by
Stevenson Melanie M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Barrientos Evan Michael | $490,000 | Land Title | |
| North Colorado Lofts Llc | $350,000 | Land Title Guarantee | |
| Jennings Holdings Llc | -- | None Available | |
| Jennings Troy | $148,500 | Land America Lawyers Title | |
| Stevenson Melanie M | $79,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Barrientos Evan Michael | $416,500 | |
| Previous Owner | North Colorado Lifts Llc | $280,000 | |
| Previous Owner | Jennings Troy | $189,750 | |
| Previous Owner | Jennings Troy | $126,750 | |
| Previous Owner | Jennings Troy | $135,000 | |
| Previous Owner | Davis Richard A | $32,000 | |
| Previous Owner | Davis Richard A | $40,792 | |
| Previous Owner | Davis Richard A | $24,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2022 06/10/22 | Sold | $489,500 | 0.0% | $527 / Sq Ft |
| 05/12/2022 05/12/22 | Price Changed | $489,500 | +0.1% | $527 / Sq Ft |
| 05/09/2022 05/09/22 | Price Changed | $489,000 | -2.0% | $527 / Sq Ft |
| 04/29/2022 04/29/22 | For Sale | $499,000 | -- | $538 / Sq Ft |
Source: IRES MLS
Tax History Compared to Growth
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 | $2,739 | $32,227 | $3,350 | $28,877 |
| 2024 | $2,606 | $32,227 | $3,350 | $28,877 |
| 2022 | $2,297 | $24,325 | $3,475 | $20,850 |
| 2021 | $2,321 | $25,025 | $3,575 | $21,450 |
| 2020 | $1,997 | $21,343 | $3,575 | $17,768 |
| 2019 | $2,006 | $21,343 | $3,575 | $17,768 |
| 2018 | $1,799 | $19,735 | $3,600 | $16,135 |
| 2017 | $1,793 | $19,735 | $3,600 | $16,135 |
| 2016 | $1,448 | $15,856 | $3,980 | $11,876 |
| 2015 | $1,437 | $15,860 | $3,980 | $11,880 |
| 2014 | $1,073 | $11,760 | $3,980 | $7,780 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Payne Jr
-
Tamara Suppes
Buyer's Agent in 2022
Tamara Suppes
Group Harmony
(970) 231-0790
1 in this area
81 Total Sales
Map
Source: IRES MLS
MLS Number: 964105
APN: 97124-07-007
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.
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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