NOT LISTED FOR SALE

523 N Bryan Ave Unit 1 & 2 Fort Collins, CO 80521

Estimated Value: $533,378 - $779,000

8 Beds
4 Baths
3,360 Sq Ft
$200/Sq Ft Est. Value

Last Sold August 01, 2014

Last sale price $410,000 $122 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,847/month

44 Days on Market

Highlights

  • No HOA
  • Cul-De-Sac
  • Cooling Available
  • Wood Frame Window
  • Eat-In Kitchen
  • Patio

About This Home

As of August 2014

Excellent investment property! Two duplexes. 523 and 527 Bryan. Two bedrooms each. Interiors redone, new flooring throughout all units, new windows, currently rented below market rents, FA zoning, road is county maintained. Two units have fully fenced yards. Lease available to review upon request.

Last Agent to Sell the Property

Jennifer McGraw

Jennifer McGraw Listed on: 05/19/2014

Last Buyer's Agent

Danny Crisafulli

The Crisafulli Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,431

Year Built

  • Built in 1971

Lot Details

  • 0.33 Acre Lot
  • Dirt Road
  • Cul-De-Sac
  • Wood Fence
  • Chain Link Fence

Parking

  • Driveway Level

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,360 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Frame Window
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Patio

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0161624

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Vine Drive Subdivision

Building Details

  • Gross Income $42,600
  • Net Operating Income $34,901

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,431

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Year Built: 1971
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.33
  • Road Frontage Type: Priv Rd up to County Standards
  • Road Surface Type: Dirt
  • Subdivision Name: Vine Drive
  • Directions: E on Vine from Taft Hill Rd to N. Bryan, South on N. Bryan W on Vine from Shields to N. Bryan, South on N. Bryan
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3360
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Accessibility Features: Level Drive
  • Has Basement: None
  • Total Bedrooms: 8
  • Entry Location: Outside Entry
  • Interior Amenities: Eat-in Kitchen, Pantry, Outside Entry
  • Window Features: Wood Frames
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood, Chain Link
  • Lot Features: Sidewalks, Cul-De-Sac
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Utilities: Other
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

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

Lot Info

  • Zoning: FA
  • Lot Size Sq Ft: 14248
  • Parcel #: R0161624
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2431

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 42600
  • Income Includes: ["Lease/Rents","Deposits Forfeited"]
  • Annual Operating Expense: 7699

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2019
Sold by
Shafer Steve K and Shafer Margaret M C
Bought by
Shafer Steven and Shafer Margaret
Current Estimated Value
$673,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,085
Outstanding Balance
$359,166
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$313,929

Purchase Details

Listed on
May 19, 2014
Closed on
Aug 1, 2014
Sold by
Wittstock Sharon L and Wittstock James P
Bought by
Shafer Steve K and Shafer Margaret M C
Seller's Agent
Jennifer McGraw
Jennifer McGraw
Buyer's Agent
Danny Crisafulli
The Crisafulli Group
List Price
$485,000
Sold Price
$410,000
Premium/Discount to List
-$75,000
-15.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Original Mortgage
$402,573
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 2005
Sold by
Wittstock Sharon L
Bought by
Wittstock Sharon L and Wittstock James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,500
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2003
Sold by
Jackson Penni K and Harrell Penni K
Bought by
Wittstock Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,048
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 1999
Sold by
Jackson Don A
Bought by
Jackson Penni K

Purchase Details

Closed on
Apr 1, 1996
Sold by
Anderson Glendon R
Bought by
Jackson Don A
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
Shafer Steven -- First American
Shafer Steve K $410,000 Fidelity National Title Insu
Wittstock Sharon L -- North American Title
Wittstock Sharon L $337,560 Chicago Title Co
Jackson Penni K -- --
Jackson Don A $224,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shafer Steven $411,085
Closed Shafer Steve K $402,573
Previous Owner Wittstock Sharon L $273,500
Previous Owner Wittstock Sharon L $270,048
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $410,000 -- --
08/01/2014 08/01/14 Sold $410,000 -15.5% $122 / Sq Ft
07/02/2014 07/02/14 Pending -- -- --
05/19/2014 05/19/14 For Sale $485,000 -- $144 / 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 $3,793 $34,840 $13,400 $21,440
2024 $3,184 $34,840 $13,400 $21,440
2022 $2,967 $27,880 $8,160 $19,720
2021 $3,065 $29,315 $8,580 $20,735
2020 $3,166 $29,601 $8,580 $21,021
2019 $3,180 $29,601 $8,580 $21,021
2018 $2,661 $24,840 $3,960 $20,880
2017 $2,656 $24,840 $3,960 $20,880
2016 $2,766 $25,074 $4,378 $20,696
2015 $2,749 $25,080 $4,380 $20,700
2014 -- $21,560 $4,380 $17,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 736146

IRES MLS

APN: 97102-06-008