NOT LISTED FOR SALE

608 S College Ave Fort Collins, CO 80524

University Park Neighborhood

Estimated Value: $813,117 - $1,119,000

6 Beds
3 Baths
3,007 Sq Ft
$327/Sq Ft Est. Value

Last Sold October 31, 2012

Last sale price $350,000 $116 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $5,797/month

14 Days on Market

Highlights

  • No HOA
  • Brick Veneer
  • Forced Air Heating System
  • Lesher Middle School Rated A-
  • Air Conditioning

About This Home

As of October 2012

Nice grand-fathered residential income property in a prime location zoned for commercial use. zero vacancy in the past two years. Within 1 block of CSU and 3 blocks of Old Town. Three rental units. One set of meters. Two car garage off the alley. Great location. Tenants pay all utilities and trash (billed back)Each unit has a stack washer/dryer.

Last Agent to Sell the Property

Ross Milliken

Dimensions Realty & Management Listed on: 08/27/2012

Last Buyer's Agent

Don Dunn

Dunn Real Estate & Mgmt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,806

Year Built

  • Built in 1946

Lot Details

  • 7,000 Sq Ft Lot

Home Design

  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 3,007 Sq Ft Home
  • 2-Story Property
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Schools

  • Laurel Elementary School
  • Lesher Middle School
  • Fossil Ridge High School

Utilities

  • Air Conditioning
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0053465

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • City Of Fort Collins Subdivision

Building Details

  • Gross Income $30,000
  • Net Operating Income $24,994

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,806

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Year Built: 1946
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: City of Fort Collins
  • Directions: East side of College Avnue approx 1 block south of Mulberry Street.
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3007
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family, Multi-Family, Commercial or Industrial
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: Partially Finished
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, City
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, city
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Laurel
  • HighSchool: Fossil Ridge
  • Junior High Dist: Poudre
  • Middle Or Junior School: Lesher

Lot Info

  • Zoning: CC
  • Lot Size Sq Ft: 7000
  • Parcel #: R0053465
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 2806

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 30000
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 5006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2018
Sold by
Davis Merritt W
Bought by
Double D Re Llc
Current Estimated Value
$983,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2014
Sold by
Dunn Donald
Bought by
Davis Merritt W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 27, 2012
Closed on
Oct 31, 2012
Sold by
Jones Eric and Jones Susan
Bought by
Dunn Donald
Seller's Agent
Ross Milliken
Dimensions Realty & Management
Buyer's Agent
Don Dunn
Dunn Real Estate & Mgmt
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$280,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 2, 2005
Sold by
The Jensen Investment Group Llc
Bought by
Jones Eric and Jones Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,100
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 1, 2005
Sold by
Jbm 608 Llc
Bought by
The Jensen Investment Group Llc

Purchase Details

Closed on
Jun 15, 2004
Sold by
Mackay Bruce
Bought by
Jbm 608 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1993
Sold by
Daugaard Wayne A
Bought by
Mackay Bruce
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Double D Re Llc $550,000 None Available
Davis Merritt W $500,000 Fidelity National Title Ins
Dunn Donald $350,000 Land Title Guarantee Company
Jones Eric $360,000 Land Title Guarantee Company
The Jensen Investment Group Llc -- --
Jbm 608 Llc $350,000 Land Title Guarantee Company
Mackay Bruce $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Double D Re Llc $690,000
Closed Double D Re Llc $502,500
Closed Double D Re Llc $440,000
Previous Owner Davis Merritt W $400,000
Previous Owner Dunn Donald $39,009
Previous Owner Dunn Donald $62,100
Previous Owner Dunn Donald $280,000
Previous Owner Jones Eric $192,100
Previous Owner Jbm 608 Llc $250,000
Previous Owner Mackay Bruce E $85,000
Previous Owner Mackay Bruce E $45,000
Previous Owner Mackay Bruce $145,000
Previous Owner Mackay Bruce E $34,308
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2020 05/03/20 Off Market $350,000 -- --
10/31/2012 10/31/12 Sold $350,000 0.0% $116 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
08/27/2012 08/27/12 For Sale $350,000 -- $116 / 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 $5,382 $56,997 $3,350 $53,647
2024 $5,134 $56,997 $3,350 $53,647
2022 $6,935 $69,756 $22,195 $47,561
2021 $6,899 $70,570 $22,454 $48,116
2020 $6,718 $68,163 $22,454 $45,709
2019 $6,746 $68,163 $22,454 $45,709
2018 $6,101 $63,465 $22,519 $40,946
2017 $6,082 $63,465 $22,519 $40,946
2016 $6,272 $65,137 $23,503 $41,634
2015 $6,229 $65,140 $23,510 $41,630
2014 $2,681 $27,860 $3,980 $23,880
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Ross Milliken

    Dimensions Realty & Management

    (970) 691-1860

    11 Total Sales

    Ross Milliken
    Section Image
  • Don Dunn

    Buyer's Agent in 2012

    Don Dunn

    Dunn Real Estate & Mgmt

    (970) 308-0732

    1 in this area

    43 Total Sales

    Don Dunn
    Section Image
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Map

Source: IRES MLS

MLS Number: 689912

IRES MLS

APN: 97132-10-015

Colorado Larimer County Fort Collins 80524 University Park

608 S College Ave, Fort Collins, CO

This home is located at 608 S College Ave, Fort Collins, CO 80524 since 27 August 2012 and is currently estimated at $983,529, approximately $327 per square foot. This property was built in 1946. 608 S College Ave is a home located in Larimer County with nearby schools including Laurel Elementary School, Lesher Middle School, and Fort Collins 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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