NOT LISTED FOR SALE

Estimated Value: $680,000 - $797,000

4 Beds
2 Baths
2,040 Sq Ft
$362/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $425,000 $208 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,309/month

22 Days on Market

Highlights

  • Raised Ranch Architecture
  • Wood Flooring
  • Patio
  • Lesher Middle School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of November 2015

Charming over/under legal duplex in old town. Perfect for owner to occupy the upper unit and lease the bottom or as an investment. Separate private entrances and individually metered electric. Total remodel that has everything incld: Wood floors,open floor plan,updated kitchens/appliances,high efficiency furnace, large wonderfully landscaped lot, plenty of parking, auto sprinkler system, huge stamped patio, great curb appeal, plus room to build a carriage house on this lot!

Last Agent to Sell the Property

Gene Vaughan

RE/MAX Alliance-FTC South Listed on: 10/09/2015

Co-Listed By

Sam DeNunzio

Resident Realty

Last Buyer's Agent

Shawna Lowell

Dynamic Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,622

Year Built

  • Built in 1947

Lot Details

  • 0.33 Acre Lot
  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence
  • Sprinkler System

Home Design

  • Raised Ranch Architecture
  • Cottage
  • Property Attached
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,040 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Finished Basement

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Laurel Elementary School
  • Lesher Middle School
  • Ft Collins High School

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Additional Features

  • Energy-Efficient HVAC
  • Patio

Listing and Financial Details

  • Tenant pays for electricity, trash collection
  • Assessor Parcel Number R0049646

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $22,275
  • Net Operating Income $18,253

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,622

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Year Built: 1947
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.33
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: 9RMSA
  • Subdivision Name: None
  • Directions: Stover south of Mulberry
  • Architectural Style: Cottage/Bung, Raised Ranch
  • Unit Levels: Raised Ranch
  • New Construction: No
  • Efficiency: HVAC
  • Property Attached Yn: Yes
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2040
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: 90%+ Finished Basement
  • Total Bedrooms: 4
  • Flooring: Wood Floors
  • Interior Amenities: Pantry, Shared Baths
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Wood, Chain Link
  • Lot Features: Lawn Sprinkler System
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric, Separate Meter Electricity, FC city
  • Heating: Forced Air, Baseboard, 2 or more Heat Sources
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, FC city
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: NCM
  • Lot Size Sq Ft: 14250
  • Parcel #: R0049646
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity, Trash Collection

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1622

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 22275
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 4022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2015
Closed on
Nov 25, 2015
Sold by
Ruble Tricia M and Ruble John W
Bought by
Kennedy Penny L M
Seller's Agent
Gene Vaughan
RE/MAX Alliance-FTC South
Buyer's Agent
Shawna Lowell
Dynamic Real Estate Services
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$738,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,404
Avg. Annual Appreciation
5.77%
Original Mortgage
$240,000
Outstanding Balance
$189,672
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$548,732

Purchase Details

Closed on
Mar 23, 2007
Sold by
Luy Jason M and Luy Jenifer
Bought by
Ruble Tricia M and Ruble John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,250
Interest Rate
6.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2003
Sold by
Luy Jason M and Luy Walter Moss
Bought by
Luy Jason M and Luy Jenifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 1998
Sold by
Marchino John J
Bought by
Luy Jason M and Luy Walter Moss

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,600
Interest Rate
6.94%

Purchase Details

Closed on
Jun 1, 1993
Sold by
Keatinge Debra Jane
Bought by
Marchino Anthony M
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
Kennedy Penny L M $425,000 North American Title
Ruble Tricia M $279,000 Security Title
Luy Jason M -- --
Luy Jason M $132,900 --
Marchino Anthony M $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Penny L M $240,000
Previous Owner Ruble Tricia M $209,250
Previous Owner Luy Jason M $187,000
Previous Owner Luy Jason M $119,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $425,000 -- --
11/30/2015 11/30/15 Sold $425,000 0.0% $208 / Sq Ft
10/31/2015 10/31/15 Pending -- -- --
10/09/2015 10/09/15 For Sale $425,000 -- $208 / 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 $4,549 $51,094 $4,087 $47,007
2024 $4,328 $51,094 $4,087 $47,007
2022 $3,484 $36,897 $4,148 $32,749
2021 $3,599 $38,796 $4,362 $34,434
2020 $3,703 $39,576 $4,362 $35,214
2019 $3,719 $39,576 $4,362 $35,214
2018 $2,671 $29,304 $4,392 $24,912
2017 $2,662 $29,304 $4,392 $24,912
2016 $1,844 $20,203 $4,856 $15,347
2015 $1,831 $20,210 $4,860 $15,350
2014 $1,622 $17,780 $3,980 $13,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 776993

IRES MLS

APN: 97131-11-015