NOT LISTED FOR SALE

Estimated Value: $570,244 - $631,000

5 Beds
3 Baths
1,620 Sq Ft
$375/Sq Ft Est. Value

Last Sold November 01, 2022

Last sale price $561,000 $346 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,427/month

145 Days on Market

Highlights

  • Open Floorplan
  • Cathedral Ceiling
  • Walk-In Closet
  • Contemporary Architecture
  • No HOA
  • Patio

About This Home

As of November 2022

Walking distance to CSU and Old Town! Beautiful property, is a must see! Pre-Inspection and ILC has been completed. Great investment opportunity. The side yard on the east side of the property allows for extra space for your volleyball net and other summer fun activities. Upper unit has 3 bed/2 bath. Lower unit has it's own courtyard with 2 bed/1 bath, with lots of natural light. Laundry hook ups in both units. Legal Duplex.

Last Agent to Sell the Property

Amber Cano

Dynamic Real Estate Services Listed on: 05/06/2022

Co-Listed By

Shawna Lowell

Dynamic Real Estate Services

Last Buyer's Agent

Megan Pighetti

Resident Realty

Resident Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,547

Year Built

  • Built in 1989

Lot Details

  • 8,276 Sq Ft Lot
  • North Facing Home
  • Level Lot

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Electric Oven or Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms
  • Primary bathroom on main floor
  • Walk-in Shower

Finished Basement

  • Walk-Out Basement
  • Natural lighting in basement

Schools

  • Putnam Elementary School
  • Lincoln Middle School
  • Poudre High School

Additional Features

  • Patio
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for deposit, electricity, water, sewer
  • Assessor Parcel Number R0030180

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • West Side Subdivision

Building Details

  • Gross Income $28,500
  • Net Operating Income $24,153

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,547

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Year Built: 1989
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.19
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: 9DRES
  • Subdivision Name: WEST SIDE
  • Directions: Seven blocks west of College Ave on Maple St
  • Architectural Style: Contemporary/Modern, Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Manufactured House
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1620
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Accessibility Features: Level Lot, Main Floor Bath, Stall Shower
  • Has Basement: 50%+Finished Basement, Walk-Out Access, Daylight
  • Total Bedrooms: 5
  • Interior Amenities: Cathedral/Vaulted Ceilings, Open Floorplan, Pantry, Walk-In Closet(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Level, Within City Limits
  • Waterfront: No
  • Construction Type: Metal Siding, Other
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, CITY OF FC
  • Heating: Baseboard
  • Utilities: Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, CITY OF FORT COLLINS

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Putnam
  • HighSchool: Poudre
  • Junior High Dist: Poudre
  • Middle Or Junior School: Lincoln

Lot Info

  • Zoning: NCM
  • Lot Size Sq Ft: 8276
  • Parcel #: R0030180
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Electricity, Water, Sewer

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2547

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28500
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Oct 31, 2022
Sold by
705 Maple Llc
Bought by
Borkenhagen Andrea and Sueltenfuss Jeremy
Seller's Agent
Amber Cano
Dynamic Real Estate Services
Buyer's Agent
Megan Pighetti
Resident Realty
List Price
$649,500
Sold Price
$561,000
Premium/Discount to List
-$88,500
-13.63%
Current Estimated Value
$607,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,311
Avg. Annual Appreciation
2.68%
Original Mortgage
$448,800
Outstanding Balance
$434,235
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$173,076

Purchase Details

Closed on
Jan 6, 2000
Sold by
Cona Investments Limited Liability Co
Bought by
705 Maple Llc

Purchase Details

Closed on
Oct 1, 1994
Sold by
Nauta Judy
Bought by
Cona Investments Limited Liability Co
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
Borkenhagen Andrea $561,000 --
705 Maple Llc -- --
Cona Investments Limited Liability Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borkenhagen Andrea $448,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2022 11/01/22 Sold $561,000 +2.0% $346 / Sq Ft
09/26/2022 09/26/22 Price Changed $550,000 -2.7% $340 / Sq Ft
09/17/2022 09/17/22 Price Changed $565,000 -1.7% $349 / Sq Ft
08/16/2022 08/16/22 Price Changed $575,000 -2.5% $355 / Sq Ft
08/02/2022 08/02/22 Price Changed $589,500 -1.7% $364 / Sq Ft
07/21/2022 07/21/22 Price Changed $599,500 -3.0% $370 / Sq Ft
07/15/2022 07/15/22 Price Changed $618,000 -1.1% $381 / Sq Ft
05/16/2022 05/16/22 Price Changed $625,000 -3.8% $386 / Sq Ft
05/06/2022 05/06/22 For Sale $649,500 -- $401 / 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 $2,979 $34,733 $6,030 $28,703
2024 $2,835 $34,733 $6,030 $28,703
2022 $2,625 $27,800 $6,255 $21,545
2021 $2,653 $28,600 $6,435 $22,165
2020 $2,547 $27,220 $6,435 $20,785
2019 $2,558 $27,220 $6,435 $20,785
2018 $1,837 $20,160 $6,480 $13,680
2017 $1,831 $20,160 $6,480 $13,680
2016 $1,942 $21,269 $7,164 $14,105
2015 $1,928 $21,270 $7,160 $14,110
2014 $1,605 $17,590 $3,980 $13,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 964825

IRES MLS

APN: 97112-31-011