NOT LISTED FOR SALE

508 W Magnolia St Fort Collins, CO 80521

Old Town West Neighborhood

Estimated Value: $503,000 - $1,293,000

2 Beds
1 Bath
1,345 Sq Ft
$657/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $1,300,000 $967 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $5,179/month

14 Days on Market

Highlights

  • City View
  • Open Floorplan
  • Cottage
  • Dunn Elementary School Rated A-
  • Wood Flooring
  • Hiking Trails

About This Home

As of July 2023

This downtown bungalow offers a combination of convenience, modern upgrades, and a prime location, making it an attractive option for those seeking a vibrant urban lifestyle. This home is just a short walk to CSU and downtown Ft. Collins. The property is zoned for STR, allowing you to potentially capitalize on its desirable location and offer it as a VRBO/Airbnb. Enjoy the charming brick exterior, creating an inviting aesthetic. The main living area and kitchen boast beautiful oak floors, adding elegance to the space. The open floor plan is accentuated by 10' ceilings, providing a spacious and airy atmosphere. The kitchen features granite countertops, newer cabinets, a designer tile backsplash, and upgraded stainless steel appliances. For additional storage, the home offers an unfinished basement. The south-facing covered front porch offers a pleasant spot to relax and enjoy the outdoors. Seller is contributing up to $15,000 credit towards the buyers rate buy down. This could save the buyer up to $700/month with a 2-1 buydown! Ask your agent for more details.

Last Agent to Sell the Property

Hayley Sell

Group Harmony Listed on: 06/30/2023

Group Harmony

Last Buyer's Agent

Hayley Sell

Group Harmony Listed on: 06/30/2023

Group Harmony

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,799

Year Built

  • Built in 1929

Lot Details

  • 960 Sq Ft Lot
  • Southern Exposure
  • Level Lot

HOA Fees

  • $148 Monthly HOA Fees

Parking

  • Driveway Level

Home Design

  • Cottage
  • Property Attached
  • Brick Veneer
  • Tile Roof
  • Rubber Roof

Interior Spaces

  • 1,345 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Window Treatments
  • Wood Frame Window
  • City Views
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom
  • Primary bathroom on main floor
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Schools

  • Dunn Elementary School
  • Lincoln Middle School
  • Poudre High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Low Pile Carpeting
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number R1677887

Community Details

Overview

  • Association fees include trash, snow removal, ground maintenance, maintenance structure
  • Magnolia Sherwood Townhomes Subdivision

Recreation

  • Hiking Trails

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,799

Year Built

Built in 1929

Lot Details

0

HOA Fees

$148 per month

Listing Details

  • Year Built: 1929
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.02
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Magnolia Sherwood Townhomes
  • Above Grade Finished Sq Ft: 1345
  • Architectural Style: Cottage/Bung, Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Southern Exposure
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1345
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Accessibility Features: Level Lot, Level Drive, Near Bus, Low Carpet, Main Floor Bath, Main Level Bedroom, Stall Shower, Main Level Laundry
  • Has Basement: Partial, Unfinished
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 384
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Wood Floors
  • Interior Amenities: Satellite Avail, High Speed Internet, Open Floorplan, 9ft+ Ceilings
  • Living Area: 1345
  • Window Features: Window Coverings, Wood Frames, Skylight(s), Double Pane Windows
  • Dining Room Features: Wood Floor
  • IRESDS_HasFamilyRoom: No
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 120
  • Master Bedroom Master Bedroom Width: 10
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Wood Floor
  • Room Living Room Area: 180
  • Living Room Features: Wood Floor
  • Room Kitchen Area: 117
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 140
  • Room Dining Room Area: 64
  • Master Bathroom Features: Shared Primary Bath, 3/4 Primary Bath
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Tile, Rubber
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Level, Within City Limits
  • View: City
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio, Enclosed
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • IRESDS_GarageType: None

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Trash, Snow Removal, Maintenance Grounds, Maintenance Structure
  • Community Features: Hiking/Biking Trails
  • Senior Community: No
  • Association Fee: 148
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: Yes

Schools

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

Lot Info

  • Zoning: Res
  • Lot Size Sq Ft: 960
  • Parcel #: R1677887
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1799

Multi Family

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $1,300,000 +103.1% $967 / Sq Ft
06/30/2023 06/30/23 For Sale $640,000 -- $476 / 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 $2,645 $31,249 $2,010 $29,239
2024 $2,516 $31,249 $2,010 $29,239
2022 $1,799 $19,057 $2,085 $16,972
2021 $1,818 $19,605 $2,145 $17,460
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2023

    Hayley Sell

    Group Harmony

    (970) 402-0188

    1 in this area

    55 Total Sales

    Hayley Sell
    Section Image
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Map

Source: IRES MLS

MLS Number: 991199

IRES MLS

APN: 97114-87-508

Colorado Larimer County Fort Collins 80521 Old Town West

508 W Magnolia St, Fort Collins, CO

This home is located at 508 W Magnolia St, Fort Collins, CO 80521 since 30 June 2023 and is currently estimated at $883,019, approximately $656 per square foot. This property was built in 1929. 508 W Magnolia St is a home located in Larimer County with nearby schools including Dunn Elementary School, Lincoln Middle School, and Poudre High School.

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.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

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.

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