Steve Balmer
Elevations Real Estate, LLC
(970) 666-6772
96 Total Sales
1 in Scotch Pines
$685,000 Price
403 E Thunderbird Dr Fort Collins, CO 80525
Scotch Pines Neighborhood
2
Beds
1
Bath
3,464
Sq Ft
0.29
Acre Lot
Highlights
- No HOA
- Air Conditioning
- Satellite Dish
- O'Dea Elementary School Rated A-
- Hot Water Heating System
- 1-minute walk to Leisure Park
About This Home
As of May 2022Back on the market, Buyer failed to deliver EM, no fault of Seller or property. Buyer wrote offer sight unseen, was scheduled to view units this weekend with inspection next week but failed to deliver EM prior. Fantastic 4-plex, great investment opportunity!! 2 bedroom 1 bath each unit. 2 units have private fenced patio area, 2 units have private fenced back yards. Kitchens & bathrooms updated in 2009, new roof in 2009. Both water heaters replaced in 2021. Common laundry room, could add coin operated machines to generate additional income. Seller is disclosing one tenant has frequent late payments. All units on month-to-month lease. Buyer to conduct own research on potential monthly rent amount, current rents are under market value. Listing agent is related to Seller. Seller is not providing a "cap rate" due to current low market rents. Landlord pays water/sewer, trash, gas, and pays electric in common areas, tenants pay electric in individual units.
Last Agent to Sell the Property
Mari Wildt
C3 Real Estate Solutions, LLC Listed on: 03/25/2022
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1970
Lot Details
- 12,529 Sq Ft Lot
- Fenced
Home Design
- Property Attached
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 3,464 Sq Ft Home
- 1-Story Property
Kitchen
- Electric Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Schools
- Odea Elementary School
- Boltz Middle School
- Ft Collins High School
Utilities
- Air Conditioning
- Hot Water Heating System
- Satellite Dish
- Cable TV Available
Listing and Financial Details
- Tenant pays for deposit, electricity
- Assessor Parcel Number R0127647
Community Details
Overview
- No Home Owners Association
- 4 Units
- Thunderbird Plaza Subdivision
Building Details
- Gross Income $60,000
- Net Operating Income $60,000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2022
Closed on
May 20, 2022
Sold by
Bought by
Seller's Agent
Mari Wildt
C3 Real Estate Solutions, LLC
Buyer's Agent
Dave Lund
Noble Venture
List Price
$785,000
Sold Price
$840,000
Premium/Discount to List
$55,000
7.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,066
Outstanding Balance
$563,790
Interest Rate
4.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 15, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,150
Interest Rate
5.24%
Mortgage Type
Commercial
Purchase Details
Closed on
May 16, 2007
Sold by
Bought by
Purchase Details
Closed on
Jan 2, 2007
Sold by
Bought by
Purchase Details
Closed on
Apr 21, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,724
Interest Rate
5.8%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 7, 1999
Sold by
Bought by
Purchase Details
Closed on
Dec 24, 1997
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Scotch Pines, CO
-
Steve Balmer
-
Laura MacDonald
Laura MacDonald
West and Main Homes
(970) 624-8882
110 Total Sales
2 in Scotch Pines
$371,500 Price Range
-
Jimmy Stewart
Jimmy Stewart
Real
(970) 699-4192
189 Total Sales
2 in Scotch Pines
$310,000 Price Range
-
Jorge Chavez
Jorge Chavez
RE/MAX inMotion
(720) 741-6584
293 Total Sales
1 in Scotch Pines
$640,000 Price
-
Kelly Renz
Kelly Renz
Grey Rock Realty
(970) 292-6589
42 Total Sales
1 in Scotch Pines
$269,000 Price
-
Shawna Blair
Shawna Blair
The Colorado RE Group LLC
(720) 677-0159
176 Total Sales
2 in Scotch Pines
$310,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $840,000 | First American Title | ||
| $356,200 | None Available | ||
| -- | None Available | ||
| $325,859 | None Available | ||
| $328,000 | Land Title | ||
| -- | -- | ||
| $202,800 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $605,066 | ||
| Previous Owner | $267,150 | ||
| Previous Owner | $322,724 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/20/2022 05/20/22 | Sold | $840,000 | +7.0% | $242 / Sq Ft |
| 04/03/2022 04/03/22 | For Sale | $785,000 | -- | $227 / Sq Ft |
| 03/26/2022 03/26/22 | Pending | -- | -- | -- |
Source: IRES MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,092 | $59,138 | $12,500 | $46,638 |
| 2024 | $4,844 | $56,749 | $13,400 | $43,349 |
| 2022 | $4,398 | $46,580 | $8,160 | $38,420 |
| 2021 | $4,543 | $48,978 | $8,580 | $40,398 |
| 2020 | $3,880 | $41,470 | $8,580 | $32,890 |
| 2019 | $3,897 | $41,470 | $8,580 | $32,890 |
| 2018 | $2,165 | $23,760 | $5,184 | $18,576 |
| 2017 | $2,158 | $23,760 | $5,184 | $18,576 |
| 2016 | $2,369 | $25,949 | $5,731 | $20,218 |
| 2015 | $2,352 | $25,950 | $5,730 | $20,220 |
| 2014 | $2,105 | $23,080 | $5,730 | $17,350 |
Source: Public Records
Agents Affiliated with this Home
-
MW
Seller's Agent in 2022
Mari Wildt
C3 Real Estate Solutions, LLC
-
Dave Lund
Buyer's Agent in 2022
Dave Lund
Noble Venture
(970) 420-3021
2 in this area
48 Total Sales
Map
Source: IRES MLS
MLS Number: IRE961506
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.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID
Listings courtesy of IRES MLS as distributed by MLS GRID
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