NOT LISTED FOR SALE

513 Park St Fort Collins, CO 80521

Martinez Park-Capitol Hill Neighborhood

Estimated Value: $769,000 - $886,000

8 Beds
4 Baths
3,448 Sq Ft
$247/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $1,300,000 $377 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $5,034/month

1 Day on Market

Highlights

  • 0.52 Acre Lot
  • Corner Lot
  • Double Pane Windows
  • Wooded Lot
  • No HOA
  • 5-minute walk to Freedom Square Park

About This Home

As of May 2022

PLEASE VIEW OFFERING MEMORANDUM IN ADDITIONAL DOCUMENTS. Two adjacent duplex properties on over 1/2-acre parcel in beautiful Old Town Fort Collins location, easy walking distance to the Poudre River Trail, Lee Martinez Park, and all the downtown shops & restaurants. All four units feature single-level living with full kitchen / dining / living areas, double-pane windows, central air, high-efficiency gas forced-air furnaces, tankless hot water heaters, clothes washers & dryers, attached one car garages for each unit, and back patios with quiet yard space. Recent upgrades include full professional landscaping, hardscaping, and lawn irrigation system (2021), new carpet / paint / fixtures at 515 Park (2022), LVT flooring at each unit (2018), new interior paint at each unit (2018-2022), clothes washers/clothes dryers at each unit (2018), and new refrigerators and gas range/stoves (2018-2022).

Last Agent to Sell the Property

Greg Roeder

LIV Sotheby's Intl Realty Listed on: 04/23/2022

LIV Sotheby's Intl Realty

Last Buyer's Agent

Phil Dankner

Unique Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,991

Year Built

  • Built in 1980

Lot Details

  • 0.52 Acre Lot
  • Corner Lot
  • Sprinkler System
  • Wooded Lot

Home Design

  • Property Attached
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,448 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Kitchen

  • Gas Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R1607942

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Capitol Hill Subdivision

Building Details

  • Gross Income $80,261
  • Net Operating Income $58,245

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,991

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Year Built: 1980
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.52
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Capitol Hill
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3448
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: None
  • Total Bedrooms: 8
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Corner Lot, Wooded
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer, Vinyl Siding
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric, City of FTC
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Fort Collins
  • Gas Company: Natural 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: Putnam
  • HighSchool: Poudre
  • Junior High Dist: Poudre
  • Middle Or Junior School: Lincoln

Lot Info

  • Zoning: NCM
  • Lot Size Sq Ft: 22476
  • Parcel #: R1607942
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7991

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 80260.8
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 22015.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2018
Sold by
The Housing Authority Of The City Of For
Bought by
Renaissace Development Company Fund I Ll
Current Estimated Value
$850,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
4.38%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Renaissace Development Company Fund I Ll $405,000 Land Title Guarantee
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett House Llc $520,000
Closed Renaissace Development Company Fund I Ll $303,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2022 08/07/22 Off Market $1,300,000 -- --
05/10/2022 05/10/22 Sold $1,300,000 0.0% $377 / Sq Ft
04/23/2022 04/23/22 For Sale $1,300,000 -- $377 / 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 $4,827 $53,989 $5,025 $48,964
2024 $4,593 $53,989 $5,025 $48,964
2022 $4,107 $42,106 $5,100 $37,006
2021 $4,107 $44,273 $3,432 $40,841
2020 $2,928 $31,296 $3,432 $27,864
2019 $2,941 $31,296 $3,432 $27,864
2018 $1,123 $18,668 $5,946 $12,722
Source: Public Records

Agents Affiliated with this Home

  • Greg Roeder

    Seller's Agent in 2022

    Greg Roeder

    LIV Sotheby's Intl Realty

    (970) 213-2095

    6 in this area

    108 Total Sales

    Greg Roeder
    Section Image
  • Phil Dankner

    Buyer's Agent in 2022

    Phil Dankner

    Unique Properties

    (303) 645-4796

    1 in this area

    37 Total Sales

    Phil Dankner
    Section Image
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Map

Source: IRES MLS

MLS Number: 963699

IRES MLS

APN: 97112-38-003

Colorado Larimer County Fort Collins 80521 Martinez Park-Capitol Hill

513 Park St, Fort Collins, CO

This home is located at 513 Park St, Fort Collins, CO 80521 since 23 April 2022 and is currently estimated at $850,111, approximately $246 per square foot. This property was built in 1980. 513 Park St is a home located in Larimer County with nearby schools including Putnam 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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