$801,000
SOLD APR 6, 2022
4 Beds
2 Baths
3,542 Sq Ft
7,000 Sq Ft Lot

Recently Sold

$226 Per Sq Ft

17% Above List Price

7 Days on Market

Highlights

  • Open Floorplan
  • Corner Lot
  • Double Pane Windows
  • Lesher Middle School Rated A-
  • No HOA
  • Brick Veneer

About This Home

As of April 2022

701 Mathews is a front / back all-brick duplex with a 2-car detached garage located in a sought-after Old Town location, short walking distance to restaurants, shops, and CSU campus. This property is situated on a large corner lot, and both units feature 2-beds / 1-bath, high ceilings, double-pane vinyl windows, full kitchen / dining / living areas, & clothes washers / dryers in each unit. The units are separately metered for electric and gas utilities and feature high efficiency furnaces for gas forced-air heat, tankless hot water heaters, & central air conditioning. Recent upgrades include lawn irrigation system, extensive rock /hardscaping (including rock at all boulevards), custom stone patio, refinished hardwood floors (2018), new clothes washers and dryers (2018), new LVT flooring (2018), and interior & exterior paint (2018). The Unfinished basement space could be finished as either a third unit or additional living space for the back unit. Beautiful property in an A+ location.

Last Agent to Sell the Property

Greg Roeder

LIV Sotheby's Intl Realty Listed on: 03/08/2022

LIV Sotheby's Intl Realty

Last Buyer's Agent

Grant Duffy

Realty One Group Fourpoints CO

Realty One Group Fourpoints CO

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,229

Year Built

  • Built in 1923

Lot Details

  • 7,000 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 3,542 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Window Treatments
  • Electric Oven or Range
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Storage

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for gas, electricity, trash collection
  • Assessor Parcel Number R0055492

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ftc Blk 137 Subdivision

Building Details

  • Gross Income $41,597
  • Net Operating Income $28,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,229

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Year Built: 1923
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: FTC BLK 137
  • Unit Levels: One and One Half
  • New Construction: No
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3542
  • Special Features: None
  • Stories: 0

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator, Washer, Dryer
  • Has Basement: Unfinished
  • Total Bedrooms: 4
  • Interior Amenities: Open Floorplan
  • Window Features: Window Coverings, Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Corner Lot, Level
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Exterior Features: Lighting
  • Other Structures: Storage
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric, City of FTC
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Fort Collins
  • Gas Company: Natural Gas, Xcel Energy

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: 7000
  • Parcel #: R0055492
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity, Trash Collection

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3229

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 41597.1
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 13137.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Apr 6, 2022
Sold by
Renaissance Development Company Fund I L
Bought by
Duffy Daniel Grant
Seller's Agent
Greg Roeder
LIV Sotheby's Intl Realty
Buyer's Agent
Grant Duffy
Realty One Group Fourpoints CO
List Price
$685,000
Sold Price
$801,000
Premium/Discount to List
$116,000
16.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.54%
Original Mortgage
$581,250
Outstanding Balance
$546,773
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$818,681

Purchase Details

Closed on
Jul 17, 2018
Sold by
Housing Authority Of The City Of Fort
Bought by
Renaissance Development Company Find 1 L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
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 $801,000 Land Title
Warranty Deed $430,000 Land Title Guarantee Co
Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $1,300,000 0.0% $374 / Sq Ft
07/15/2025 07/15/25 Price Changed $4,000 0.0% $2 / Sq Ft
07/12/2025 07/12/25 Price Changed $1,350,000 0.0% $388 / Sq Ft
07/03/2025 07/03/25 For Rent $4,200 +78.7% --
07/01/2025 07/01/25 For Rent $2,350 0.0% --
06/12/2025 06/12/25 Price Changed $1,399,000 -5.2% $402 / Sq Ft
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
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 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 960275

IRES MLS

APN: 97132-18-008