Seller's Agent in 2021
Emily Heinz
Downtown Real Estate Brokers
(970) 988-9367
8 in this area
226 Total Sales
616 E Laurel St Fort Collins, CO 80524
University Park NeighborhoodEstimated Value: $753,000 - $805,000
5
Beds
2
Baths
2,314
Sq Ft
$332/Sq Ft
Est. Value
Highlights
- City View
- Open Floorplan
- No HOA
- Lesher Middle School Rated A-
- Contemporary Architecture
- Eat-In Kitchen
About This Home
As of March 2021Don't miss this Legal duplex, 5 bedrooms, 2 bathrooms located just blocks from CSU. Also, able to rent out as Short Term Rental, if owner occupied! Leased through May 31st, 2021. Features include: newer roof, off-street parking in the back of the units, private entrance to the basement unit, three bedrooms and one bathroom on the main floor and two bedrooms, one bathroom and a flex space in the full basement unit. Please allow 24 hour notice for showings.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,982
Year Built
- Built in 1956
Lot Details
- 7,425 Sq Ft Lot
- Southern Exposure
- Fenced
- Level Lot
Home Design
- Contemporary Architecture
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 2,314 Sq Ft Home
- 1-Story Property
- Open Floorplan
- City Views
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
- Primary bathroom on main floor
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
- Outdoor Storage
Schools
- Laurel Elementary School
- Lesher Middle School
- Ft Collins High School
Utilities
- Forced Air Heating System
- High Speed Internet
- Satellite Dish
- Cable TV Available
Listing and Financial Details
- Tenant pays for gas, electricity, water, sewer
- Assessor Parcel Number R0049425
Community Details
Overview
- No Home Owners Association
- 2 Units
- Old Town Subdivision
Building Details
- Gross Income $27,000
- Net Operating Income $23,018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2021
Closed on
Mar 25, 2021
Sold by
Silver Hammer Properties Llc
Bought by
Jacobson Ronald
Seller's Agent
Emily Heinz
Downtown Real Estate Brokers
Buyer's Agent
Emily Heinz
Downtown Real Estate Brokers
List Price
$499,000
Sold Price
$551,000
Premium/Discount to List
$52,000
10.42%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,961
Avg. Annual Appreciation
7.60%
Purchase Details
Closed on
May 10, 2013
Sold by
Hammer Kevin J and Hammer Kathleen A
Bought by
Silver Hammer Properties Llc
Purchase Details
Closed on
Dec 23, 2011
Sold by
Mre 616 Llc
Bought by
Hammer Kevin J and Hammer Kathleen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2005
Sold by
Jbm 616 Llc
Bought by
Mre 616 Llc
Purchase Details
Closed on
Jul 31, 2004
Sold by
Jensen Bantham & Mincher Llc
Bought by
Jbm 616 Llc
Purchase Details
Closed on
Jan 22, 2002
Sold by
Bantham Andrew R
Bought by
B R E 616 East Laurel Llc
Purchase Details
Closed on
Feb 29, 2000
Sold by
Mcelroy Christopher S Teresa M
Bought by
Bantham Andrew R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
8.5%
Purchase Details
Closed on
Jun 1, 1990
Bought by
Mcelroy Christopher S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jacobson Ronald | $551,000 | Land Title | |
| Silver Hammer Properties Llc | -- | None Available | |
| Hammer Kevin J | $240,000 | Land Title Guarantee Company | |
| Mre 616 Llc | -- | -- | |
| Jbm 616 Llc | -- | -- | |
| Jensen Bantham & Mincher Llc | -- | -- | |
| B R E 616 East Laurel Llc | -- | -- | |
| Bantham Andrew R | $184,000 | Land Title | |
| Mcelroy Christopher S | $52,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hammer Kevin J | $192,000 | |
| Previous Owner | Bantham Andrew R | $165,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2021 07/01/21 | Off Market | $551,000 | -- | -- |
| 03/25/2021 03/25/21 | Sold | $551,000 | +10.4% | $238 / Sq Ft |
| 03/22/2021 03/22/21 | Pending | -- | -- | -- |
| 03/03/2021 03/03/21 | For Sale | $499,000 | -- | $216 / Sq Ft |
Source: IRES MLS
Tax History Compared to Growth
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 | $4,580 | $51,423 | $4,087 | $47,336 |
| 2024 | $4,358 | $51,423 | $4,087 | $47,336 |
| 2022 | $3,171 | $33,578 | $4,148 | $29,430 |
| 2021 | $3,275 | $35,307 | $4,362 | $30,945 |
| 2020 | $3,982 | $42,564 | $4,362 | $38,202 |
| 2019 | $4,000 | $42,564 | $4,362 | $38,202 |
| 2018 | $2,646 | $29,030 | $4,392 | $24,638 |
| 2017 | $2,637 | $29,030 | $4,392 | $24,638 |
| 2016 | $2,044 | $22,392 | $4,856 | $17,536 |
| 2015 | $2,029 | $22,400 | $4,860 | $17,540 |
| 2014 | $1,785 | $19,570 | $3,980 | $15,590 |
Source: Public Records
Agents Affiliated with this Home
-
Emily Heinz
Map
Source: IRES MLS
MLS Number: 934616
APN: 97131-10-022
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.
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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