NOT LISTED FOR SALE

6521 Kyle Ave Unit 6521-6525 Fort Collins, CO 80525

Estimated Value: $558,997 - $675,000

3 Beds
1 Bath
2,520 Sq Ft
$249/Sq Ft Est. Value

Last Sold October 11, 2017

Last sale price $392,500 $156 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,612/month

27 Days on Market

Highlights

  • Horses Allowed On Property
  • Open Floorplan
  • No HOA
  • Werner Elementary School Rated A-
  • Contemporary Architecture
  • 4-minute walk to Prairie Dog Meadow

About This Home

As of October 2017

South Fort Collins is booming! Investors don't miss this great side-by-side duplex in very good condition w/ new carpet, paint in/out, blinds etc. Large open kitchens w/ ample updated cabinets & counter tops. Newer mechanical (furnace & water heater in the last 7 yrs). Property is over a 1/2 acre & is zoned for a triplex, there is plenty of room to build another unit, garages, a pole barn or metal bldg. Great investment property in a close in country setting that allows horses. Upside in rents!

Last Agent to Sell the Property

Michael Jensen

Fort Collins Real Estate, LLC Listed on: 07/18/2017

Last Buyer's Agent

Michael Jensen

Fort Collins Real Estate, LLC Listed on: 07/18/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,927

Year Built

  • Built in 1960

Lot Details

  • 0.53 Acre Lot
  • Wire Fence
  • Level Lot

Parking

  • Driveway Level

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,520 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Window Treatments

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Schools

  • Werner Elementary School
  • Preston Middle School
  • Rocky Mountain High School

Utilities

  • Forced Air Heating System
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Outdoor Storage
  • Horses Allowed On Property

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R1341944

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Hansen Mid S 25 91 Subdivision

Building Details

  • Gross Income $30,264
  • Net Operating Income $27,137

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,927

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: Yes
  • Lot Size Acres: 0.53
  • Subdivision Name: Hansen Mid S-25-91
  • Directions: College Ave South to Trilby. East on Trilby to Kyle. Left on Kyle, property is on the left.
  • Architectural Style: Contemporary/Modern, Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2520
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
  • Accessibility Features: Level Lot, Level Drive, No Stairs
  • Has Basement: None
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Interior Amenities: Eat-in Kitchen, Open Floorplan
  • Window Features: Window Coverings, Storm Window(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wire
  • Waterfront: No
  • Construction Type: Wood/Frame, Stucco
  • Foundation Details: Slab
  • Other Structures: Storage
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Separate Meter Electricity, City of FTC
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Sewer: District Sewer
  • Water Source: District Water, City of FTC
  • Gas Company: Natural Gas, Separate Meter Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Werner
  • HighSchool: Rocky Mountain
  • Junior High Dist: Poudre
  • Middle Or Junior School: Preston

Lot Info

  • Zoning: 9/20
  • Current Use: Horses
  • Lot Size Sq Ft: 23087
  • Parcel #: R1341944
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1927

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 30264
  • Annual Operating Expense: 3127

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2017
Closed on
Sep 29, 2017
Sold by
6125 Kyle Llc
Bought by
Forcier Neil
Seller's Agent
Michael Jensen
Fort Collins Real Estate, LLC
Buyer's Agent
Michael Jensen
Fort Collins Real Estate, LLC
List Price
$399,000
Sold Price
$392,500
Premium/Discount to List
-$6,500
-1.63%
Current Estimated Value
$628,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,832
Avg. Annual Appreciation
6.09%
Original Mortgage
$291,750
Outstanding Balance
$244,149
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$384,183

Purchase Details

Closed on
Feb 5, 2014
Sold by
Bantham Andrew R
Bought by
6121 & 6125 Kyle Llc

Purchase Details

Closed on
Oct 17, 2013
Sold by
6121 & 6125 Kyle Llc
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
$217,000
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2003
Sold by
Bantham Andrew R
Bought by
6121 & 6125 Kyle Llc

Purchase Details

Closed on
Apr 14, 2000
Sold by
Hansen Ric
Bought by
Bantham Andrew R

Purchase Details

Closed on
May 1, 1992
Sold by
Hansen Family Trust
Bought by
Hansen Ric
Source: Public Records

Range of Values:

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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
Forcier Neil $392,500 Land Title Guarantee
6121 & 6125 Kyle Llc -- Land Title Guarantee Company
Bantham Andrew R -- Land Title Guarantee Company
6121 & 6125 Kyle Llc -- --
Bantham Andrew R $400,000 --
Hansen Ric $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forcier Neil $291,750
Previous Owner Bantham Andrew R $217,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $392,500 -- --
10/11/2017 10/11/17 Sold $392,500 -1.6% $156 / Sq Ft
08/14/2017 08/14/17 Pending -- -- --
07/18/2017 07/18/17 For Sale $399,000 -- $158 / 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 $3,211 $36,542 $2,513 $34,029
2024 $3,059 $36,542 $2,513 $34,029
2022 $2,771 $28,737 $2,550 $26,187
2021 $2,863 $30,216 $2,681 $27,535
2020 $2,990 $31,288 $2,681 $28,607
2019 $3,002 $31,288 $2,681 $28,607
2018 $2,220 $23,832 $2,700 $21,132
2017 $2,212 $23,832 $2,700 $21,132
2016 $1,927 $20,656 $2,985 $17,671
2015 $1,913 $20,660 $2,990 $17,670
2014 -- $17,950 $2,990 $14,960
Source: Public Records

Agents Affiliated with this Home

  • Michael Jensen

    Seller's Agent in 2017

    Michael Jensen

    Fort Collins Real Estate, LLC

    (970) 222-8136

    72 Total Sales

    Michael Jensen
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Map

Source: IRES MLS

MLS Number: 826896

IRES MLS

APN: 96123-19-703

Colorado Larimer County Fort Collins 80525

6521 Kyle Ave Unit 6521-6525, Fort Collins, CO

This home is located at 6521 Kyle Ave Unit 6521-6525, Fort Collins, CO 80525 since 18 July 2017 and is currently estimated at $628,332, approximately $249 per square foot. This property was built in 1960. 6521 Kyle Ave Unit 6521-6525 is a home located in Larimer County with nearby schools including Werner Elementary School, Preston Middle School, and Fossil Ridge 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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