$259,957
SOLD NOV 29, 2012
3 Beds
3 Baths
2,596 Sq Ft
0.27 Acres

Recently Sold

$100 Per Sq Ft

9% Below List Price

70 Days on Market

About This Home

As of November 2021

Great duplex convenient to Old Town, grocery stores, trails, and parks. Great investment! Each side has 3 bedrooms, 2.5 bathrooms, plus a fantastic fenced in yard. 403 rented for 925/mo through 5/31/2013 and 401 rented for 950/mo through 6/29/2013. Tenants pay all utilities. $300/yr HOA fee.

Last Agent to Sell the Property

Troy Hiebsch

Element Real Estate & Investments Listed on: 07/11/2012

Last Buyer's Agent

Ruth McMillen

Porch Life Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,217

Year Built

  • Built in 1995

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

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

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Schools

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

Additional Features

  • 0.27 Acre Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R1413457

Community Details

Overview

  • No Home Owners Association
  • Greenbriar Village Subdivision

Building Details

  • Gross Income $21,375
  • Net Operating Income $17,993

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,217

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Year Built: 1995
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.27
  • Subdivision Name: Greenbriar Village
  • Directions: N on College from Mulberry, E on Willox, S on Bayberry Cr, W on Sundance
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2596
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher
  • Has Basement: None
  • Total Bedrooms: 3
  • Window Features: Window Coverings

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • 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: 11609
  • Parcel #: R1413457
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 2217

Multi Family

  • Annual Gross Income: 21375
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 3382

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

Range of Values:

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Average Value
Not Available
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 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: 686295

IRES MLS

APN: 97012-49-010