NOT LISTED FOR SALE

541 N Hollywood St Unit 12 Fort Collins, CO 80521

Estimated Value: $652,654 - $743,000

6 Beds
3 Baths
2,850 Sq Ft
$241/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $365,000 $128 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,952/month

17 Days on Market

Highlights

  • Horses Allowed On Property
  • No HOA
  • Baseboard Heating
  • Multiple Fireplaces
  • Forced Air Heating System
  • Fenced

About This Home

As of April 2015

Two single family houses on 1.4 acre lot in Larimer County Zoned FA Outside FT Collins City Limits. 541 built in 1939, 541 1/2 built in 1977. Tenant Occupied Must have 24 hour notice to show. Huge potential for investor, development and/or greenhouses.

Last Agent to Sell the Property

Kurt Johnson

Kurt's Property Mgmt.& Invest Listed on: 03/14/2015

Last Buyer's Agent

Kurt Johnson

Kurt's Property Mgmt.& Invest Listed on: 03/14/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,071

Year Built

  • Built in 1939

Lot Details

  • 1.4 Acre Lot
  • Fenced

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,850 Sq Ft Home
  • 1-Story Property
  • Multiple Fireplaces
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Irish Elementary School
  • Lesher Middle School
  • Poudre High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Water Rights Not Included

Additional Features

  • Green Energy Fireplace or Wood Stove
  • Mineral Rights Excluded
  • Horses Allowed On Property

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, trash collection
  • Assessor Parcel Number R0224537

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Rostek Subdivision

Building Details

  • Gross Income $2,250
  • Net Operating Income $179

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,071

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Year Built: 1939
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: Yes
  • Lot Size Acres: 1.4
  • Road Surface Type: Paved
  • Subdivision Name: Rostek
  • Directions: From North Taft, West on Vine, South on Hollywood.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2850
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family, Farm
  • Private Spa: No
  • Appliances: Dishwasher, Refrigerator, Washer, Dryer, Microwave, Some Appliances, Disposal
  • Has Basement: Crawl Space
  • Total Bedrooms: 6
  • Fireplace Features: 2+ Fireplaces
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Water Rights Excluded, Mineral Rights Excluded
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Foundation Details: Slab
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, City
  • Heating: Forced Air, Baseboard, Wood Stove
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: District Water, Sunset Water Dist
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Irish,Eyestone
  • HighSchool: Poudre
  • Junior High Dist: Poudre
  • Middle Or Junior School: Lesher

Lot Info

  • Zoning: FA
  • Current Use: Zoning Appropriate for 2 Horses
  • Lot Size Sq Ft: 60984
  • Parcel #: R0224537
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Trash Collection

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2071

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 2250
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2015
Closed on
Apr 17, 2015
Sold by
Glass Thomas A
Bought by
Hollywood & Vine #2 Llc
Seller's Agent
Kurt Johnson
Kurt's Property Mgmt.& Invest
Buyer's Agent
Kurt Johnson
Kurt's Property Mgmt.& Invest
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Current Estimated Value
$687,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,664
Avg. Annual Appreciation
6.22%

Purchase Details

Closed on
Feb 19, 2002
Sold by
Marcey Robert W
Bought by
Glass Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,650
Interest Rate
8.25%

Purchase Details

Closed on
Aug 15, 2000
Sold by
Cook Margie A
Bought by
Marcey Robert W

Purchase Details

Closed on
Jul 30, 1997
Sold by
Schnackel Margie A
Bought by
Cook Margie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,619
Interest Rate
7.6%

Purchase Details

Closed on
May 1, 1985
Bought by
Schnackel Margie 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
Hollywood & Vine #2 Llc $365,000 Land Title Guarantee Company
Glass Thomas A $248,500 --
Marcey Robert W $195,000 Stewart Title
Cook Margie A -- --
Schnackel Margie A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glass Thomas A $223,650
Previous Owner Cook Margie A $40,619
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $365,000 -- --
04/30/2015 04/30/15 Sold $365,000 -2.7% $128 / Sq Ft
03/31/2015 03/31/15 Pending -- -- --
03/14/2015 03/14/15 For Sale $375,000 -- $132 / 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 $4,137 $46,250 $9,045 $37,205
2024 $3,939 $46,250 $9,045 $37,205
2022 $3,194 $33,457 $6,255 $27,202
2021 $3,222 $34,420 $6,435 $27,985
2020 $3,071 $32,525 $6,435 $26,090
2019 $3,085 $32,525 $6,435 $26,090
2018 $2,584 $28,109 $4,176 $23,933
2017 $2,576 $28,109 $4,176 $23,933
2016 $2,067 $22,447 $4,617 $17,830
2015 $2,052 $22,450 $4,620 $17,830
2014 -- $22,480 $2,990 $19,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 757640

IRES MLS

APN: 97092-08-021