$530,000
SOLD JUL 10, 2024

5850 Dripping Rock Ln Unit C102 Fort Collins, CO 80528

Fossil Lake Neighborhood
4 Beds
3.5 Baths
2,623 Sq Ft
$552/mo HOA Fee

Recently Sold

$202 Per Sq Ft

3% Below List Price

125 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Main Floor Bedroom
  • Zach Elementary School Rated A
  • Wood Flooring
  • End Unit

About This Home

As of July 2024

ACCEPTING BACKUPS! SELLER TO PAY FIRST TWO YEARS OF MONTHLY HOA DUES!!! Welcome to Fossil Lake Ranch! This stunning end unit townhome-style condo has been meticulously maintained and thoughtfully upgraded, presenting like a model home. The sought-after Magnolia floor plan offers a spacious layout with a generously sized finished basement for flexible living arrangements. Enter the main level and be greeted by a welcoming family room, complete with the cozy ambiance of a gas fireplace. The primary suite on this level provides both convenience and comfort. The recently updated oversized powder room and mudroom feature a wine area and extra storage, providing functionality right off the attached two-car garage equipped with shelving and storage solutions. The kitchen is a chef's dream, boasting warm hickory cabinets, a gas range/oven, and a breakfast bar, all accented by sleek slab granite countertops. This space seamlessly opens up to the serene patio overlooking green space, creating an ideal spot for outdoor relaxation. Upstairs, two bedrooms, connected by a shared Jack and Jill bath, along with oversized closets for ample storage. The basement is over 80% finished and offers a large rec room, family room, fourth bedroom, and 3/4 bath, providing additional living space and versatility. Enjoy the convenience of living close to award-winning schools, Twin Silos Park, shopping, dining, and easy access to I-25.

Last Agent to Sell the Property

Jennifer Madrick

RE/MAX Alliance-FTC South Listed on: 01/26/2024

RE/MAX Alliance-FTC South

Last Buyer's Agent

Davis Van Tilburg

Find Colorado Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,807

Year Built

  • Built in 2013

Lot Details

  • End Unit

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Composition Shingle
  • Stucco
  • Stone

Interior Spaces

  • 2,836 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Living Room with Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Primary bathroom on main floor
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Zach Elementary School
  • Preston Middle School
  • Fossil Ridge High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number R1653012

Community Details

Overview

  • Association fees include common amenities, trash, snow removal, ground maintenance, maintenance structure, hazard insurance
  • Crossing At Fossil Lake Association, Phone Number (970) 494-0609
  • Fossil Lake Master Association
  • Built by Landmark Homes
  • Crossing At Fossil Lake Condos Bldg C Subdivision, Magnolia Floorplan

Recreation

  • Park

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,807

Year Built

Built in 2013

Lot Details

0

HOA Fees

$552 per month

Parking

2

Listing Details

  • Inclusions: Window Coverings,Gas Range/Oven,Dishwasher,Refrigerator,Clothes Washer,Clothes Dryer,Microwave,Garage Door Opener,Disposal,Smoke Alarm(s)
  • Year Built: 2013
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Attached Dwelling
  • Horses: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: CROSSING AT FOSSIL LAKE CONDOS BLDG C
  • Above Grade Finished Sq Ft: 1725
  • Architectural Style: Contemporary/Modern
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Condo, Outside Entry
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2836
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Accessibility Features: Level Lot, Level Drive, Main Floor Bath, Main Level Bedroom, Stall Shower, Main Level Laundry
  • Has Basement: Full, Partially Finished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1111
  • Fireplace Features: Gas, Living Room
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Satellite Avail, High Speed Internet, Open Floorplan, Walk-In Closet(s), Jack & Jill Bathroom
  • Living Area: 2623
  • Main Level Bathrooms: 2
  • Window Features: Window Coverings
  • Room Bedroom4 Area: 132
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Wood Floor
  • IRESDS_HasFamilyRoom: Yes
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 132
  • Room Bedroom4 Features: Carpet
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 176
  • Room Bedroom3 Level: Upper
  • Master Bedroom Master Bedroom Width: 14
  • Room Family Room Area: 168
  • Room Bedroom2 Level: Upper
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Family Room Level: Basement
  • Room Kitchen Features: Wood Floor
  • Room Living Room Area: 210
  • Family Room Features: Carpet
  • Living Room Features: Wood Floor
  • Room Kitchen Area: 110
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 182
  • Room Dining Room Area: 104
  • Master Bathroom Features: 3/4 Primary Bath, Luxury Features Primary Bath

Exterior Features

  • Roof: Composition
  • Builder Name: Landmark Homes
  • Lot Features: Curbs, Gutters, Sidewalks, Within City Limits
  • View: No
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure
  • Home Warranty: No
  • Common Walls: End Unit
  • Construction Type: Wood/Frame, Stone, Composition Siding, Stucco
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage Door Opener
  • IRESDS_Garage Sq Ft: 471
  • IRESDS_GarageType: Attached

Utilities

  • Electric: Electric, City of FTC
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups, Main Level
  • Security: Smoke Detector(s), Fire Sprinklers
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: No
  • Sewer: District Sewer
  • Water Source: District Water, FTC/LVLD Water
  • Gas Company: Natural Gas, Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Trash, Snow Removal, Maintenance Grounds, Maintenance Structure, Hazard Insurance
  • Community Features: Park
  • Senior Community: No
  • Association #2 Fee: 765
  • Association #2 Fee Frequency: Annually
  • Association Fee: 488
  • Association Fee Frequency: Monthly
  • Association: Fossil Lake Master
  • Association Name: Crossing at Fossil Lake
  • Phone: 970-494-0609
  • Association: Yes
  • Pets Allowed: Dogs OK, Cats OK

Association/Amenities

  • IRESDS_HasAssociation2Reserve: Yes
  • IRESDS_HasAssociation2Fee: Yes
  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Zach
  • HighSchool: Fossil Ridge
  • Junior High Dist: Poudre
  • Middle Or Junior School: Preston

Lot Info

  • Zoning: LMN
  • Parcel #: R1653012
  • Irrigation Water Rights: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2807

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Jul 10, 2024
Sold by
Fredrick Farokhmanesh Revocable Family T
Bought by
Tramp-Johnson Jacob and Tramp-Johnson Jonathan
Seller's Agent
Jennifer Madrick
RE/MAX Alliance-FTC South
Buyer's Agent
Davis Van Tilburg
Find Colorado Real Estate
List Price
$545,000
Sold Price
$530,000
Premium/Discount to List
-$15,000
-2.75%
Views
102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.11%
Original Mortgage
$503,500
Outstanding Balance
$498,376
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$31,990

Purchase Details

Closed on
Jun 5, 2018
Sold by
Powell Jeffrey and Powell Judith
Bought by
Fredrick Farokhmanesh Revocable Family

Purchase Details

Closed on
Dec 1, 2017
Sold by
Powerll Jeffrey and Powerll Judith
Bought by
Powell Jeffrey and Powell Judith

Purchase Details

Closed on
Mar 28, 2013
Sold by
The Crossing At Fossil Lake Condominiums
Bought by
Parsons Steven N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.62%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $530,000 None Listed On Document
Warranty Deed $385,000 Heritage Title Co
Quit Claim Deed $510 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $200,312 Heritage Title
Warranty Deed $297,678 Heritage Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $503,500 New Conventional
Previous Owner $150,000 Future Advance Clause Open End Mortgage
Previous Owner $50,000 New Conventional
Previous Owner $206,922 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $540,000 +1.9% $190 / Sq Ft
07/10/2024 07/10/24 Sold $530,000 -0.2% $202 / Sq Ft
06/10/2024 06/10/24 Sold $531,000 -1.7% $187 / Sq Ft
04/11/2024 04/11/24 Price Changed $540,000 -0.9% $206 / Sq Ft
04/11/2024 04/11/24 For Sale $545,000 +1.9% $192 / Sq Ft
03/16/2024 03/16/24 Price Changed $535,000 -1.8% $204 / Sq Ft
02/01/2024 02/01/24 For Sale $545,000 +14.7% $208 / Sq Ft
07/06/2023 07/06/23 Sold $475,000 0.0% $306 / Sq Ft
06/08/2023 06/08/23 For Sale $475,000 +11.0% $306 / Sq Ft
08/05/2022 08/05/22 Off Market $428,000 -- --
05/07/2021 05/07/21 Sold $428,000 +0.9% $276 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $424,000 -- $274 / 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 $2,946 $33,835 $7,618 $26,217
2024 $2,807 $33,835 $7,618 $26,217
2022 $2,771 $28,739 $3,545 $25,194
2021 $2,802 $29,566 $3,647 $25,919
2020 $2,631 $27,528 $3,647 $23,881
2019 $2,641 $27,528 $3,647 $23,881
2018 $2,718 $29,189 $3,672 $25,517
2017 $2,710 $29,189 $3,672 $25,517
2016 $2,325 $24,923 $4,060 $20,863
2015 $2,128 $22,980 $4,060 $18,920
2014 $1,929 $20,700 $3,660 $17,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 1002272

IRES MLS

APN: 86092-67-102