NOT LISTED FOR SALE

Estimated Value: $304,000 - $370,000

2 Beds
1 Bath
7,500 Sq Ft
$46/Sq Ft Est. Value

Last Sold August 20, 2018

Last sale price $2,250,000 $300 Per Sq Ft

Current estimated payment $3,160/month

4 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • Balcony
  • Lesher Middle School Rated A-
  • Corner Lot
  • Eat-In Kitchen

About This Home

As of August 2018

Total of 10 individually deeded units being sold together list price $2,250,000. All 2 bed/1 bath with upgrades. Fantastic location, Quiet area yet close to CSU, Downtown Fort Collins, Hospital, and I-25. Off street unassigned parking included, Tenant pays electric, cable, internet, HOA pays gas, water, sewer, trash, hazard ins. Entry to units available with fully executed CTBS. Listing agent must approve and assist all showings. All tenants on a 12 month lease. Please do not disturb tenants.

Last Agent to Sell the Property

MaryBeth Friesz

LIV Sotheby's Intl Realty Listed on: 06/14/2018

LIV Sotheby's Intl Realty

Last Buyer's Agent

Kathy Aguer

Kathy Aguer

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,727

Year Built

  • Built in 1966

Lot Details

  • 9,500 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $1,200 Monthly HOA Fees

Home Design

  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 7,500 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments

Kitchen

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

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Cooling Available
  • Baseboard Heating
  • Hot Water Heating System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Low Pile Carpeting
  • Property is near bus stop

Listing and Financial Details

  • Tenant pays for deposit, electricity
  • Assessor Parcel Number R0048895

Community Details

Overview

  • Association fees include common amenities, trash, snow removal, ground maintenance, management, utilities, maintenance structure
  • 10 Units
  • 10185 Ftc Blk 185 Subdivision

Building Details

  • Gross Income $148,441
  • Net Operating Income $130,123

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,727

Year Built

Built in 1966

Lot Details

0

HOA Fees

$1,200 per month

Listing Details

  • Year Built: 1966
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.22
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: 10185-FTC BLK 185
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 7500
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family, Commercial or Industrial
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Accessibility Features: Level Lot, Near Bus, Low Carpet, Main Floor Bath, Main Level Bedroom
  • Has Basement: None
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Open Floorplan
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Sidewalks, Lawn Sprinkler System, Corner Lot, Level
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Exterior Features: Balcony
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, City of FTC
  • Heating: Hot Water, Baseboard
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of FTC
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Trash, Snow Removal, Maintenance Grounds, Management, Utilities, Maintenance Structure
  • Senior Community: No
  • Association Fee: 1200
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: Yes

Schools

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

Lot Info

  • Zoning: Res
  • Lot Size Sq Ft: 9500
  • Parcel #: R0048895
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Electricity

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5727

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 148440.6
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2018
Closed on
Aug 20, 2018
Sold by
C Mcginnes Llc
Bought by
Center Green Properties Llc
Seller's Agent
MaryBeth Friesz
LIV Sotheby's Intl Realty
Buyer's Agent
Kathy Aguer
Kathy Aguer
List Price
$2,250,000
Sold Price
$2,250,000
Current Estimated Value
$344,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,906,000
Avg. Annual Appreciation
-22.31%

Purchase Details

Closed on
Sep 10, 2010
Sold by
Mcginnes Rodney Darrel and Mcginnes Carolyn Bodkin
Bought by
C Mcginnes Llc

Purchase Details

Closed on
Apr 28, 2006
Sold by
Collins Margaret M
Bought by
Mcginnes Rodney Darrel and Mcginnes Carolyn Bodkin

Purchase Details

Closed on
Jul 31, 2002
Sold by
Collins Margaret M
Bought by
Collins Margaret M

Purchase Details

Closed on
Oct 1, 1993
Sold by
Collins Margaret M
Bought by
Collins Margaret M Family Trust

Purchase Details

Closed on
Sep 1, 1993
Sold by
Hazen Grace P Est Of
Bought by
Collins Margaret M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Center Green Properties Llc $1,125,000 Fidelity National Title
C Mcginnes Llc -- None Available
Mcginnes Rodney Darrel $65,000 Maxima Title Llc
Collins Margaret M -- --
Collins Margaret M Family Trust -- --
Collins Margaret M $33,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2019 11/18/19 Off Market $2,250,000 -- --
08/20/2018 08/20/18 Sold $2,250,000 0.0% $300 / Sq Ft
07/21/2018 07/21/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $2,250,000 -- $300 / Sq Ft
Source: IRES MLS

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 $1,622 $20,589 $1,139 $19,450
2024 $1,543 $20,589 $1,139 $19,450
2022 $1,437 $15,221 $1,182 $14,039
2021 $1,452 $15,659 $1,216 $14,443
2020 $1,296 $13,850 $1,216 $12,634
2019 $1,301 $13,850 $1,216 $12,634
2018 $865 $9,490 $1,224 $8,266
2017 $862 $9,490 $1,224 $8,266
2016 $578 $6,336 $1,353 $4,983
2015 $574 $6,330 $1,350 $4,980
2014 $685 $7,510 $1,350 $6,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE853392

IRES MLS

APN: 97131-08-020