$190,000
SOLD NOV 23, 2016
-- Bed
1 Bath
546 Sq Ft
4,950 Sq Ft Lot

Recently Sold

$348 Per Sq Ft

17% Below List Price

46 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 1-Story Property
  • Lesher Middle School Rated A-
  • Level Lot

About This Home

As of May 2017

Old Town Classic blocks from Library Park & Old Town.This home is ready for a complete remodel & addition. Has also been approved to be scraped. Already gutted & ready for expansion, or tear down & build. CL Zone allows for many uses including a duplex,residential w/ no size restrictions & front load garage. Water,sewer, & all utilities already at the property.This is a great opportunity to build your dream home or a duplex in Old Town. Plans avail for a 2 story w/ basement upon request.

Last Agent to Sell the Property

Bobby Khankhanian

Integrity Realty Listed on: 09/08/2016

Last Buyer's Agent

Kelly Knight

RE/MAX Nexus

RE/MAX Nexus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,032

Year Built

  • Built in 1888

Lot Details

  • 4,950 Sq Ft Lot
  • Level Lot
  • Property is zoned CL

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1 Bathroom
  • 546 Sq Ft Home
  • 1-Story Property
  • Laundry on main level

Schools

  • Laurel Elementary School
  • Lesher Middle School
  • Poudre High School

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Old Town Ftc Subdivision

Listing and Financial Details

  • Assessor Parcel Number R0047473

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,032

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Year Built: 1888
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.11
  • Subdivision Name: Old Town FTC
  • Directions: From College east to property.
  • Above Grade Finished Sq Ft: 546
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 546
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Has Basement: None
  • Living Area: 546
  • IRESDS_HasFamilyRoom: No
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Features: Other Floor
  • Room Kitchen Features: Other Floor

Exterior Features

  • Roof: Composition
  • Lot Features: Level
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • IRESDS_GarageType: None

Utilities

  • Heating: Forced Air
  • Utilities: Natural Gas Available
  • Laundry Features: Main Level
  • Heating Yn: Yes
  • Water Source: City Water, City of FTC
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: CL
  • Lot Size Sq Ft: 4950
  • Parcel #: R0047473
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1032

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2017
Closed on
May 26, 2017
Sold by
Silver Linings Investment Group Lp
Bought by
Banker Vishva
Seller's Agent
Kelly Knight
RE/MAX Nexus
Buyer's Agent
Lucinda Matheson
Premier Lifestyle Realty
List Price
$309,500
Sold Price
$295,000
Premium/Discount to List
-$14,500
-4.68%
Current Estimated Value
$495,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,121
Avg. Annual Appreciation
6.44%
Original Mortgage
$279,590
Outstanding Balance
$235,388
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$255,058

Purchase Details

Listed on
Sep 8, 2016
Closed on
Nov 23, 2016
Sold by
Craig H Mortensen Trust
Bought by
Silver Linings Investment Group Lp
Seller's Agent
Bobby Khankhanian
Integrity Realty
Buyer's Agent
Kelly Knight
RE/MAX Nexus
List Price
$229,900
Sold Price
$190,000
Premium/Discount to List
-$39,900
-17.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
141.07%
Original Mortgage
$180,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 11, 2014
Closed on
Sep 25, 2014
Sold by
Mortensen Craig H and Mortensen Marjorie A
Bought by
Craig H Mortensen Trust
Seller's Agent
Nancy J. Miller
Group Horsetooth
Buyer's Agent
Tim Ash
Group Mulberry
List Price
$169,900
Sold Price
$143,000
Premium/Discount to List
-$26,900
-15.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.86%
Original Mortgage
$114,400
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2014
Closed on
Sep 15, 2014
Sold by
Blehm Ronald E and Blehm Marjorie
Bought by
Mortensen Craig H and Mortensen Marjorie A
Seller's Agent
Nancy J. Miller
Group Horsetooth
Buyer's Agent
Tim Ash
Group Mulberry
List Price
$169,900
Sold Price
$143,000
Premium/Discount to List
-$26,900
-15.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 1996
Sold by
Blehm Ben
Bought by
Blehm Ronald E and Blehm Marjorie
Source: Public Records

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Range of Values:

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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 $295,000 First American
Warranty Deed $190,000 Land Title Guarantee
Interfamily Deed Transfer -- None Available
Warranty Deed $143,000 Tggt
Interfamily Deed Transfer $22,933 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $279,590 New Conventional
Previous Owner $180,000 Purchase Money Mortgage
Previous Owner $114,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $190,000 -- --
01/28/2019 01/28/19 Off Market $295,000 -- --
01/28/2019 01/28/19 Off Market $143,000 -- --
05/26/2017 05/26/17 Sold $295,000 -4.7% $540 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
03/04/2017 03/04/17 For Sale $309,500 +62.9% $567 / Sq Ft
11/23/2016 11/23/16 Sold $190,000 -17.4% $348 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
09/08/2016 09/08/16 For Sale $229,900 +60.8% $421 / Sq Ft
09/15/2014 09/15/14 Sold $143,000 -15.8% $262 / Sq Ft
08/16/2014 08/16/14 Pending -- -- --
07/11/2014 07/11/14 For Sale $169,900 -- $311 / 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 $3,226 $37,306 $4,087 $33,219
2024 $3,069 $37,306 $4,087 $33,219
2022 $2,624 $27,787 $4,240 $23,547
2021 $2,652 $28,586 $4,362 $24,224
2020 $1,830 $19,563 $4,362 $15,201
2019 $1,838 $19,563 $4,362 $15,201
2018 $1,765 $19,361 $4,392 $14,969
2017 $1,282 $14,119 $4,392 $9,727
2016 $1,039 $11,383 $4,856 $6,527
2015 $1,032 $11,860 $4,860 $7,000
2014 $795 $8,720 $3,980 $4,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 802126

IRES MLS

APN: 97124-06-016