NOT LISTED FOR SALE

705 E Drake Rd Unit L50 Fort Collins, CO 80525

Scotch Pines Neighborhood

Estimated Value: $270,000 - $305,000

2 Beds
1 Bath
918 Sq Ft
$306/Sq Ft Est. Value

Last Sold January 14, 2021

Last sale price $245,000 $267 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,912/month

2 Days on Market

Highlights

  • Clubhouse
  • Wood Flooring
  • End Unit
  • O'Dea Elementary School Rated A-
  • Sauna
  • Community Pool

About This Home

As of January 2021

Come see this beautifully updated second floor end unit condo in a fantastic Mid-Town Location! New flooring, new paint, new kitchen cabinets and counter, new bathroom and electrical panel. Enjoy the spacious kitchen with a large area for a dining table. New stainless steel kitchen appliances and washer/dryer. This condo is very energy efficient with all new LED lighting throughout. HOA covers nearly everything including heat, water, sewer, trash and exterior maintenance. All you have to pay is the electric bill! Enjoy the back patio overlooking a large HOA maintained open area. There is also a clubhouse, pool and sauna. Great location close to the dog park, CSU, and within walking distance to Sprouts, specialty shops, and restaurants.

Last Agent to Sell the Property

Aaron Pearson

Group Mulberry Listed on: 11/19/2020

Group Mulberry

Last Buyer's Agent

Sara Horner

Group Mulberry

Group Mulberry

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,609

Year Built

  • Built in 1974

Lot Details

  • 5,227 Sq Ft Lot
  • Open Space
  • End Unit

HOA Fees

  • $292 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 918 Sq Ft Home
  • 1-Story Property
  • Panel Doors

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Schools

  • Odea Elementary School
  • Boltz Middle School
  • Ft Collins High School

Utilities

  • Air Conditioning
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R1054082

Community Details

Overview

  • Association fees include common amenities, trash, snow removal, ground maintenance, management, maintenance structure, water/sewer, heat
  • Scotch Pines Condo Subdivision

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,609

Year Built

Built in 1974

Lot Details

0

HOA Fees

$292 per month

Listing Details

  • Year Built: 1974
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Attached Dwelling
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: Scotch Pines Condo
  • Directions: From Stover and Drake: Head East to first parking lot entrance. Turn right (south) and the building will be right in front of you. This is the second building east of the intersection fronting Drake. Building L
  • Above Grade Finished Sq Ft: 918
  • Architectural Style: Ranch
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Outside Entry
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 918
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: 6-Panel Doors
  • Entry Location: 2nd Floor
  • Flooring: Wood Floors
  • Interior Amenities: Eat-in Kitchen, Pantry, Walk-In Closet(s)
  • Living Area: 918
  • IRESDS_HasFamilyRoom: No
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 110
  • Master Bedroom Master Bedroom Width: 11
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Wood Floor
  • Room Living Room Area: 176
  • Living Room Features: Wood Floor
  • Room Kitchen Area: 187
  • Room Master Bedroom Area: 143
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Abuts Private Open Space
  • Waterfront: No
  • Common Walls: End Unit
  • Construction Type: Wood/Frame
  • Exterior Features: Balcony
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • IRESDS_GarageType: None

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, City of FC
  • Heating: Baseboard
  • Utilities: Electricity Available, Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City/HOA

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Trash, Snow Removal, Maintenance Grounds, Management, Maintenance Structure, Water/Sewer, Heat
  • Community Features: Clubhouse, Tennis Court(s), Pool, Sauna
  • Senior Community: No
  • Association Fee: 291.5
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Odea
  • HighSchool: Ft Collins
  • Junior High Dist: Poudre
  • Middle Or Junior School: Boltz

Lot Info

  • Zoning: MMN
  • Lot Size Sq Ft: 5227
  • Parcel #: R1054082
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1609

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2020
Closed on
Jan 14, 2021
Sold by
Pearson Realty Inc
Bought by
Piese Katherine M and Piese Mary Ellen
Seller's Agent
Aaron Pearson
Group Mulberry
Buyer's Agent
Sara Horner
Group Mulberry
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Current Estimated Value
$281,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,023
Avg. Annual Appreciation
2.96%
Original Mortgage
$220,500
Outstanding Balance
$196,797
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$84,226

Purchase Details

Closed on
Oct 15, 2020
Sold by
Pearson Aaron
Bought by
Pearson Realty Inc

Purchase Details

Closed on
Sep 11, 2020
Sold by
Schenck Barbara E
Bought by
Pearson Aaron

Purchase Details

Closed on
May 29, 1998
Sold by
Venzon Kate L Slattery Michael R
Bought by
Schenck Barbara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,360
Interest Rate
7.2%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 1996
Sold by
Venzon Kate L
Bought by
Slattery Michael R

Purchase Details

Closed on
Jul 1, 1994
Sold by
Oguin Mark A
Bought by
Slattery Timothy J

Purchase Details

Closed on
Jun 1, 1993
Sold by
Trautman Beverly K
Bought by
Oguin Mark A
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
Piese Katherine M $245,000 Heritage Title Co
Plese Katherine M $245,000 None Listed On Document
Pearson Realty Inc -- None Available
Pearson Aaron $190,000 Land Title
Schenck Barbara E $77,500 --
Slattery Michael R -- --
Slattery Timothy J $68,400 --
Oguin Mark A $51,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piese Katherine M $220,500
Previous Owner Schenck Barbara E $75,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Off Market $245,000 -- --
01/14/2021 01/14/21 Sold $245,000 -2.0% $267 / Sq Ft
11/23/2020 11/23/20 For Sale $250,000 0.0% $272 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
11/19/2020 11/19/20 For Sale $250,000 -- $272 / 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 $1,554 $19,886 $4,489 $15,397
2024 $1,479 $19,886 $4,489 $15,397
2022 $1,397 $14,797 $1,738 $13,059
2021 $1,412 $15,223 $1,788 $13,435
2020 $1,602 $17,125 $1,788 $15,337
2019 $1,609 $17,125 $1,788 $15,337
2018 $995 $10,915 $1,800 $9,115
2017 $991 $10,915 $1,800 $9,115
2016 $813 $8,907 $1,990 $6,917
2015 $807 $8,910 $1,990 $6,920
2014 $672 $7,370 $1,990 $5,380
Source: Public Records

Agents Affiliated with this Home

  • Aaron Pearson

    Seller's Agent in 2021

    Aaron Pearson

    Group Mulberry

    (970) 646-3035

    2 in this area

    43 Total Sales

    Aaron Pearson
    Section Image
  • Sara Horner

    Buyer's Agent in 2021

    Sara Horner

    Group Mulberry

    (970) 443-8556

    1 in this area

    732 Total Sales

    Sara Horner
    Section Image
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Map

Source: IRES MLS

MLS Number: 928935

IRES MLS

APN: 97251-22-050

Colorado Larimer County Fort Collins 80525 Scotch Pines

705 E Drake Rd Unit L50, Fort Collins, CO

This home is located at 705 E Drake Rd Unit L50, Fort Collins, CO 80525 since 19 November 2020 and is currently estimated at $281,023, approximately $306 per square foot. This property was built in 1974. 705 E Drake Rd Unit L50 is a home located in Larimer County with nearby schools including O'Dea Elementary School, Boltz Middle School, and Fort Collins 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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