Caleb Skeen
Heritage West Realty LLC
(877) 796-9601
110 Total Sales
1 in Business District
$45,000 Price
513 Terry St Longmont, CO 80501
Business District Neighborhood
10
Beds
6
Baths
17,461
Sq Ft
0.7
Acre Lot
Highlights
- 0.7 Acre Lot
- No HOA
- Hot Water Heating System
- Central Elementary School Rated A-
- Brick Veneer
- 5-minute walk to Roosevelt Park
About This Home
As of August 2016Rare opportunity to purchase a Two-building Multi-family Portfolio, 513 and 521 Terry Street, in Old Town Longmont. Old Town Longmont has seen significant revitalization and redevelopment during recent years. This property is conveniently located two blocks west of Main Street. one block from Thompson Park and 1.5 blocks from Roosevelt Park. Roosevelt Park has facilities, walking trails and ice skating during the winter months. 513 Terry consists of 8 units and 521 Terry contains 10 units.
Last Agent to Sell the Property
RE/MAX Elevate License #40009659 Listed on: 03/29/2016
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,000
Year Built
- Built in 1926
Lot Details
- 30,335 Sq Ft Lot
- Sprinkler System
Home Design
- Brick Veneer
- Foam Roof
Interior Spaces
- 17,461 Sq Ft Home
- 2-Story Property
- Gas Oven or Range
- Unfinished Basement
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Schools
- Longmont High School
Utilities
- Hot Water Heating System
Listing and Financial Details
- Tenant pays for deposit
- Assessor Parcel Number R0045152
Community Details
Overview
- No Home Owners Association
- 18 Units
- Longmont Ot Subdivision
Amenities
- Laundry Facilities
- Community Storage Space
Building Details
- Gross Income $188,676
- Net Operating Income $131,776
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
Aug 21, 2017
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
$2,310,000
Outstanding Balance
$318,864
Interest Rate
3.96%
Mortgage Type
Commercial
Purchase Details
Listed on
Mar 29, 2016
Closed on
Aug 29, 2016
Sold by
Bought by
Seller's Agent
Keith Kanemoto
RE/MAX Elevate
Buyer's Agent
Phil Dankner
Unique Properties
List Price
$2,575,000
Sold Price
$2,150,000
Premium/Discount to List
-$425,000
-16.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,930,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 26, 1988
Bought by
Purchase Details
Closed on
Jan 2, 1985
Bought by
Purchase Details
Closed on
Sep 19, 1979
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Business District, CO
-
Caleb Skeen
-
Andrew Lopez
Andrew Lopez
Grant Real Estate LLC
(720) 706-3693
27 Total Sales
1 in Business District
$341,900 Price
-
Stephen Jensen
Stephen Jensen
Yellow Dog Group Real Estate
(970) 716-6433
75 Total Sales
2 in Business District
$285,000 Price Range
-
Brandi Schott
Brandi Schott
The Colorado Group
(720) 807-5912
82 Total Sales
18 in Business District
$330K - $575K Price Range
-
Maira Montoya
Maira Montoya
Black & White Realty, LLC
(720) 881-0518
74 Total Sales
1 in Business District
$194,000 Price
-
Lenny Maiocco
Lenny Maiocco
RE/MAX Alliance - Lafayette
(720) 583-9347
72 Total Sales
2 in Business District
$250,000 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 |
|---|---|---|---|
| $3,200,000 | Stewart Title Guaranty Co | ||
| $2,150,000 | Land Title Guarantee | ||
| $365,000 | -- | ||
| -- | -- | ||
| -- | -- |
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 | $2,310,000 | ||
| Previous Owner | $1,930,000 |
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 |
|---|---|---|---|---|
| 01/28/2019 01/28/19 | Off Market | $2,150,000 | -- | -- |
| 08/29/2016 08/29/16 | Sold | $2,150,000 | -16.5% | $123 / Sq Ft |
| 06/28/2016 06/28/16 | Pending | -- | -- | -- |
| 03/29/2016 03/29/16 | For Sale | $2,575,000 | -- | $147 / 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 |
|---|---|---|---|---|
| 2026 | $27,731 | $274,346 | $26,833 | $247,513 |
| 2025 | $27,731 | $274,346 | $26,833 | $247,513 |
| 2024 | $29,395 | $252,157 | $24,663 | $227,494 |
| 2023 | $29,014 | $292,033 | $28,522 | $267,196 |
| 2022 | $24,742 | $238,000 | $22,916 | $215,084 |
| 2021 | $25,634 | $250,250 | $24,096 | $226,154 |
| 2020 | $20,835 | $203,990 | $24,096 | $179,894 |
| 2019 | $20,523 | $203,990 | $24,096 | $179,894 |
| 2018 | $15,478 | $154,800 | $19,584 | $135,216 |
| 2017 | $15,278 | $171,140 | $21,651 | $149,489 |
| 2016 | $0 | $72,755 | $9,632 | $63,123 |
| 2014 | -- | $72,755 | $9,632 | $63,123 |
Source: Public Records
Agents Affiliated with this Home
-
Keith Kanemoto
Seller's Agent in 2016
Keith Kanemoto
RE/MAX
(303) 472-2222
6 in this area
56 Total Sales
-
Phil Dankner
Buyer's Agent in 2016
Phil Dankner
Unique Properties
(303) 645-4796
28 Total Sales
Map
Source: IRES MLS
MLS Number: IRE786810
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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.
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Based on information submitted to the MLS GRID
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