$750,000
SOLD NOV 1, 2021
3 Beds
3 Baths
2,596 Sq Ft
0.27 Acres

Recently Sold

$289 Per Sq Ft

15% Above List Price

5 Days on Market

Highlights

  • Open Floorplan
  • Forced Air Heating and Cooling System
  • Wood Fence

About This Home

As of November 2021

What a find! A side-by-side legal duplex in excellent condition that provides a great return on investment. Both units are spacious with 3 bedrooms and 2.5 bathrooms each, plus fenced backyards and attached garages. Recent improvements include a roof from 2017, exterior & interior paint in 2017 and new carpet in one unit. In addition, the dishwashers and refrigerators were recently replaced, microwave ovens installed, washers and dryers replaced, light fixtures updated, and even the garages were drywalled and insulated. A sprinkler system in each yard makes maintenance easy. Great tenants are in place and they'd like to stay when their leases end in the spring of 2022. The property is meticulously maintained and will be sold as-is. The HOA fee is extremely low at $455 per YEAR. Open houses Sept 11 & 12 from 11:00 to 2:00.

Last Agent to Sell the Property

Ruth McMillen

Porch Life Properties Listed on: 09/02/2021

Last Buyer's Agent

Lori Smith

First Colorado Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,175

Year Built

  • Built in 1995

Lot Details

  • 0.27 Acre Lot
  • Wood Fence
  • Sprinkler System

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,596 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Window Treatments

Kitchen

  • Electric Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R1413457

Community Details

Overview

  • Association fees include common amenities, management
  • 2 Units
  • Greenbriar Subdivision

Building Details

  • Gross Income $45,600
  • Net Operating Income $40,547

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,175

Year Built

Built in 1995

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Year Built: 1995
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.27
  • Subdivision Name: Greenbriar
  • Directions: From N. College drive east on E. Willox, turn north on Blue Spruce Dr. then east on Sundance Circle N to the property
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Legal Conforming, Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2596
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Has Basement: None
  • Total Bedrooms: 3
  • Interior Amenities: Open Floorplan
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood
  • Lot Features: Lawn Sprinkler System
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Garage Door Opener

Utilities

  • Cooling: Central Air
  • Electric: Electric, City of FTC
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, City of Fort Collins
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Management
  • Senior Community: No
  • Association Fee: 38
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: Yes

Schools

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

Lot Info

  • Zoning: RL
  • Lot Size Sq Ft: 11609
  • Parcel #: R1413457
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3175

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 45600
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 5053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Nov 1, 2021
Sold by
Boyce Kym
Bought by
Smith Alan D and Smith Loretta D
Seller's Agent
Ruth McMillen
Porch Life Properties
Buyer's Agent
Lori Smith
First Colorado Realty
List Price
$650,000
Sold Price
$750,000
Premium/Discount to List
$100,000
15.38%
Current Estimated Value
$811,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,526
Avg. Annual Appreciation
1.35%
Original Mortgage
$525,000
Outstanding Balance
$484,415
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$304,022

Purchase Details

Closed on
Dec 7, 2020
Sold by
Boyce Kym
Bought by
Boyce Kym and Baker Dustin J

Purchase Details

Listed on
Jul 11, 2012
Closed on
Nov 29, 2012
Sold by
Kimberly Carol Jean
Bought by
Boyce Kym
Seller's Agent
Troy Hiebsch
Element Real Estate & Investments
Buyer's Agent
Ruth McMillen
Porch Life Properties
List Price
$285,900
Sold Price
$259,957
Premium/Discount to List
-$25,943
-9.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%
Original Mortgage
$194,950
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1995
Sold by
Lew Ltd
Bought by
Kimberling Carol Jean

Purchase Details

Closed on
Jan 1, 1995
Sold by
Sundance Hills F C Ltd
Bought by
Lew Ltd
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $750,000 First American
Deed -- None Listed On Document
Warranty Deed $259,957 Tggt
Warranty Deed $181,000 --
Warranty Deed $252,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,000 New Conventional
Previous Owner $194,950 New Conventional
Previous Owner $175,500 Stand Alone First
Previous Owner $145,000 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2022 01/30/22 Off Market $750,000 -- --
11/01/2021 11/01/21 Sold $750,000 +15.4% $289 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $650,000 +150.0% $250 / Sq Ft
01/28/2019 01/28/19 Off Market $259,957 -- --
11/29/2012 11/29/12 Sold $259,957 -9.1% $100 / Sq Ft
10/30/2012 10/30/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $285,900 -- $110 / 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 $4,048 $45,875 $2,345 $43,530
2024 $3,852 $45,875 $2,345 $43,530
2022 $3,224 $34,143 $2,380 $31,763
2021 $3,330 $35,901 $2,503 $33,398
2020 $3,175 $33,934 $2,503 $31,431
2019 $3,189 $33,934 $2,503 $31,431
2018 $2,422 $26,575 $2,520 $24,055
2017 $2,414 $26,575 $2,520 $24,055
2016 $1,879 $20,585 $2,786 $17,799
2015 $1,866 $20,590 $2,790 $17,800
2014 $2,096 $22,980 $2,790 $20,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 950103

IRES MLS

APN: 97012-49-010