
701 Mathews St Fort Collins, CO 80524
University Park NeighborhoodEstimated payment $8,281/month
Highlights
- Wood Flooring
- No HOA
- Brick Veneer
- Lesher Middle School Rated A-
- 2 Car Detached Garage
- Forced Air Heating System
About This Home
Discover a rare opportunity to own a designated City Historic Landmark located on a prime corner lot in Historic Downtown Fort Collins. This fully renovated property features 3 beautifully updated units, seamlessly blending timeless architectural character with modern functionality-perfect for both long-term investment or owner-occupied flexibility. Positioned just steps from Old Town Square, Colorado State University, parks, local restaurants, and boutiques, this property sits at the center of one of Fort Collins' most vibrant, walkable neighborhoods. Property Highlights: Fully Renovated Interiors: Each unit features stylish updates including hardwood flooring, contemporary finishes, and thoughtful layouts. Strong Income Potential: Currently generating $7,000/month in gross rental income. The basement unit was formerly a licensed short-term rental-financials available upon request. Flexible Use: Easily convertible to a spacious single-family home by removing one wall-ideal for future customization. Premium Location: Walkable to CSU, downtown shopping, dining, parks, and entertainment. Convenient access to public transit and extensive bike routes. Landscaped Corner Lot: Enhances privacy and adds charm to this unique property. Whether you're looking to invest in a high-demand rental property or live in a landmark piece of Fort Collins history, this one-of-a-kind residence offers timeless appeal with modern returns.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,436
Year Built
- Built in 1923
Lot Details
- 7,000 Sq Ft Lot
- Property is zoned NCM
Parking
- 2 Car Detached Garage
Home Design
- Brick Veneer
- Wood Roof
Interior Spaces
- 3,479 Sq Ft Home
- 3-Story Property
- Window Treatments
- Wood Flooring
- Basement Fills Entire Space Under The House
Kitchen
- Gas Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Schools
- Laurel Elementary School
- Lesher Middle School
- Ft Collins High School
Utilities
- Forced Air Heating System
Community Details
- No Home Owners Association
- Ftc Subdivision
Listing and Financial Details
- Assessor Parcel Number R0055492
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,436 | $60,340 | $1,541 | $58,799 |
2024 | $4,866 | $56,990 | $1,541 | $55,449 |
2022 | $3,126 | $33,109 | $1,564 | $31,545 |
2021 | $3,229 | $34,814 | $1,645 | $33,169 |
2020 | $2,877 | $30,746 | $1,645 | $29,101 |
2019 | $2,889 | $30,746 | $1,645 | $29,101 |
2018 | $621 | $39,069 | $4,355 | $34,714 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/05/2025 05/05/25 | For Sale | $1,475,000 | +84.1% | $424 / Sq Ft |
04/06/2022 04/06/22 | Sold | $801,000 | +16.9% | $226 / Sq Ft |
03/08/2022 03/08/22 | For Sale | $685,000 | -- | $193 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $801,000 | Land Title | |
Warranty Deed | $430,000 | Land Title Guarantee Co |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $225,000 | Credit Line Revolving | |
Open | $581,250 | New Conventional | |
Previous Owner | $322,500 | Future Advance Clause Open End Mortgage |
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Source: IRES MLS
MLS Number: 1035518

APN: 97132-18-008
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