NOT LISTED FOR SALE

421 E Swallow Rd Fort Collins, CO 80525

Estimated Value: $620,732 - $729,000

5 Beds
3 Baths
2,198 Sq Ft
$309/Sq Ft Est. Value

Last Sold December 18, 2017

Last sale price $426,625 $194 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,912/month

10 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • No HOA
  • O'Dea Elementary School Rated A-
  • Corner Lot
  • Eat-In Kitchen

About This Home

As of December 2017

PENDING BEFORE PUBLISHED. Roof/furnace, A/C, appliances, landscaping all in very good condition. Great mid town location with 4% appreciation, cash flows at $395/month. One tenant in place month to month. Other unit ready for move in or to rent out!

Last Agent to Sell the Property

Robert Mygatt

Group Harmony Listed on: 11/07/2017

Group Harmony

Last Buyer's Agent

Todd Sledge

Group Harmony

Group Harmony

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 1973

Lot Details

  • 10,466 Sq Ft Lot
  • Northeast Facing Home
  • Wood Fence
  • Chain Link Fence
  • Corner Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Duplex
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,198 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms
  • Primary bathroom on main floor

Parking

  • Garage
  • Garage Door Opener
  • Driveway Level

Accessible Home Design

  • No Interior Steps
  • Accessible Approach with Ramp
  • Low Pile Carpeting

Outdoor Features

  • Deck
  • Exterior Lighting

Location

  • Property is near a bus stop

Schools

  • Odea Elementary School
  • Boltz Middle School
  • Ft Collins High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer
  • Assessor Parcel Number R0128228

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Thunderbird Estates Subdivision

Building Details

  • Gross Income $30,000
  • Net Operating Income $23,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,000

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Year Built: 1973
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.24
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Thunderbird Estates
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Legal Conforming, Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2198
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Disposal
  • Accessibility Features: Accessible Approach with Ramp, Level Lot, Level Drive, Near Bus, Low Carpet, No Stairs, Main Floor Bath, Main Level Bedroom
  • Has Basement: None
  • Total Bedrooms: 5
  • Interior Amenities: Eat-in Kitchen, Walk-In Closet(s), Shared Baths
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood, Chain Link
  • Lot Features: Curbs, Gutters, Sidewalks, Corner Lot, Wooded, Level
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Direction Faces: Northeast
  • Exterior Features: Lighting
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Garage Door Opener

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Electric: Electric, Separate Meter Electricity, City of FTC
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of FTC
  • Gas Company: Natural Gas, Separate Meter Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Odea
  • HighSchool: Ft Collins
  • Junior High Dist: Poudre
  • Middle Or Junior School: Boltz

Lot Info

  • Zoning: MMN
  • Lot Size Sq Ft: 10466
  • Parcel #: R0128228
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2000

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 30000
  • Annual Operating Expense: 6200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2017
Closed on
Dec 18, 2017
Sold by
Diversified Properties Llc
Bought by
Ruthven Scott J and Ruthven Lisa C
Seller's Agent
Robert Mygatt
Group Harmony
Buyer's Agent
Todd Sledge
Group Harmony
List Price
$425,000
Sold Price
$426,625
Premium/Discount to List
$1,625
0.38%
Current Estimated Value
$678,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,058
Avg. Annual Appreciation
6.13%
Original Mortgage
$319,969
Outstanding Balance
$269,386
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$409,297

Purchase Details

Closed on
Dec 4, 2009
Sold by
Thompson Curtis J and Thompson Patricia A
Bought by
Diversified Properties Llc

Purchase Details

Closed on
Jan 1, 1996
Sold by
Agee Richard E
Bought by
Thompson Curtis J
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Ruthven Scott J $426,600 The Group Guarantee Title
Diversified Properties Llc -- None Available
Thompson Curtis J $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruthven Scott J $319,969
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $426,625 -- --
12/18/2017 12/18/17 Sold $426,625 +0.4% $194 / Sq Ft
11/17/2017 11/17/17 Pending -- -- --
11/07/2017 11/07/17 For Sale $425,000 -- $193 / 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 $3,582 $41,017 $2,546 $38,471
2024 $3,408 $41,017 $2,546 $38,471
2022 $2,901 $30,722 $2,584 $28,138
2021 $2,996 $32,304 $2,717 $29,587
2020 $2,887 $30,852 $2,717 $28,135
2019 $2,899 $30,852 $2,717 $28,135
2018 $2,315 $25,402 $2,736 $22,666
2017 $2,307 $25,402 $2,736 $22,666
2016 $1,877 $20,561 $3,025 $17,536
2015 $1,864 $20,560 $3,020 $17,540
2014 $1,739 $19,060 $3,020 $16,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 837104

IRES MLS

APN: 97252-37-006