NOT LISTED FOR SALE

Estimated Value: $500,370 - $600,000

5 Beds
2 Baths
1,960 Sq Ft
$278/Sq Ft Est. Value

Sale Details

Date Sold: December 14, 2022

Last sale price $480,000 $245 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,186 / mo

39 Days on Market

Highlights

  • No HOA
  • Lesher Middle School Rated A-
  • Forced Air Heating System

About This Home

As of December 2022

Old Town Tri-plex. Non-conforming. County use code is duplex/triplex. Showings only M-F 6-730 pm and weekends upon approval with tenant present. Long-term tenants, rents well under market rate. 3 bedroom one bath up, two one bedroom one bath downstairs. Landlord pays utilities. Current rents are $980, $700, and $650. Leases end 9/15/22

Last Agent to Sell the Property

Perry McCormac

McCormac Real Estate License #40043133 Listed on: 07/08/2022

Last Buyer's Agent

Daniel Bernth

Doberstein Lemburg Commercial

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,956

Year Built

  • Built in 1956

Lot Details

  • 7,000

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,960 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Laurel Elementary School
  • Lesher Middle School
  • Ft Collins High School

Additional Features

  • 7,000 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number R0057649

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Crafts Resub Subdivision

Building Details

  • Gross Income $27,500
  • Net Operating Income $18,444

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,956

Year Built

Built in 1956

Lot Details

7,000 Sq Ft Lot

Listing Details

  • Year Built: 1956
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: Crafts Resub
  • Unit Levels: Bi-Level
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1960
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Has Basement: Full
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Utilities

  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer, District Sewer
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Laurel
  • HighSchool: Ft Collins
  • Junior High Dist: Poudre
  • Middle Or Junior School: Lesher

Lot Info

  • Zoning: NCM
  • Lot Size Sq Ft: 7000
  • Parcel #: R0057649
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3956

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 27500
  • Income Includes: ["Lease/Rents"]

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

Closed on
Jan 1, 2026
Sold by
Bought by
Current Estimated Value
$544,843

Purchase Details

Closed on
Mar 5, 2024
Sold by
Bought by

Purchase Details

Listed on
Jul 8, 2022
Closed on
Oct 25, 2022
Sold by
Bought by
Seller's Agent
Perry McCormac
McCormac Real Estate
Buyer's Agent
Daniel Bernth
Doberstein Lemburg Commercial
List Price
$575,000
Sold Price
$480,000
Premium/Discount to List
-$95,000
-16.52%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%
Original Mortgage
$360,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2004
Sold by
Bought by

Purchase Details

Closed on
Jul 6, 2004
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
$208,250
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1989
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- None Listed On Document
-- None Listed On Document
-- None Listed On Document
$480,000 Land Title
-- --
$245,000 Fahtco
$56,900 --
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
Previous Owner $360,000
Previous Owner $208,250
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
12/14/2022 12/14/22 Sold $480,000 0.0% $245 / Sq Ft
12/06/2022 12/06/22 Off Market $480,000 -- --
08/02/2022 08/02/22 Price Changed $550,000 -4.3% $281 / Sq Ft
07/08/2022 07/08/22 For Sale $575,000 -- $293 / Sq Ft
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 $3,114 $31,251 $2,813 $28,438
2024 $2,600 $32,160 $3,015 $29,145
2022 $3,830 $40,562 $3,060 $37,502
2021 $3,956 $42,650 $3,218 $39,432
2020 $3,803 $40,648 $3,218 $37,430
2019 $3,820 $40,648 $3,218 $37,430
2018 $2,847 $31,234 $3,240 $27,994
2017 $2,837 $31,234 $3,240 $27,994
2016 $2,225 $24,374 $3,582 $20,792
2015 $2,209 $24,370 $3,580 $20,790
2014 $2,048 $22,450 $3,580 $18,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE970466

IRES MLS

APN: 97133-07-004

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