NOT LISTED FOR SALE
2 Beds
3 Baths
5,648 Sq Ft
1.45 Acre Lot

Sale Details

Date Sold: October 16, 2013

Last sale price $750,000 $133 Per Sq Ft

76 Days on Market

Highlights

  • Horses Allowed On Property
  • Spa
  • Deck
  • O'Dea Elementary School Rated A-
  • 1.45 Acre Lot
  • 2-minute walk to Indian Hills Park

About This Home

As of October 2013

Fantastic opportunity!! Live - Work for free! - With the rents you can have a considerable positive cash flow. Zoned multi-purpose business/residential,21 rooms for unlimited possibilities.current business are willing to stay. Currently known as the Atrium Health Spa Bed & Breakfast. Month to month lease on most of the rooms. Country living in the center of Ft Collins. Duplex on property for additional income. New roof,rooms have been updated,irrigation well on property. 24 hour notice to show.

Last Agent to Sell the Property

Steven Noel

RE/MAX Alliance-Longmont License #40000394 Listed on: 07/02/2013

Last Buyer's Agent

Amber Sigg

The Pointe Real Estate LLC License #40026150

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,922

Year Built

  • Built in 1979

Lot Details

  • 1.45 Acre Lot
  • South Facing Home
  • Fenced
  • Corner Lot
  • Level Lot
  • Wooded Lot

Parking

  • Driveway Level

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tar and Gravel Roof
  • Stone

Interior Spaces

  • 5,648 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Free Standing Fireplace
  • Window Treatments
  • Sun or Florida Room
  • Wood Flooring
  • Partial Basement

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms
  • Primary bathroom on main floor
  • Spa Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Access to stream, creek or river
  • Deck
  • Exterior Lighting
  • Outdoor Storage

Schools

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

Utilities

  • Air Conditioning
  • Baseboard Heating
  • Hot Water Heating System
  • Irrigation Well
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Hallway
  • Property is near bus stop
  • Horses Allowed On Property

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R1376403

Community Details

Overview

  • No Home Owners Association
  • 10 Units
  • Springwood Institute Subdivision

Building Details

  • Gross Income $86,834
  • Net Operating Income $73,506

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,922

Year Built

Built in 1979

Lot Details

1.45 Acres

Listing Details

  • Year Built: 1979
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: Yes
  • Lot Size Acres: 1.45
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Springwood Institute
  • Directions: From College - E on Stuart
  • Architectural Style: Spanish
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 5648
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family, Commercial or Industrial
  • Spa Features: Bath, Private
  • Private Spa: Yes
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Accessibility Features: Level Lot, Level Drive, Near Bus, Accessible Hallway(s), Main Floor Bath
  • Has Basement: Partial
  • Total Bedrooms: 2
  • Fireplace Features: Free Standing
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: High Speed Internet, Cathedral/Vaulted Ceilings, Pantry, Sun Space
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Tar/Gravel
  • Fencing: Fenced
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Irrigation Well Included, Corner Lot, Wooded, Level, Rolling Slope, Within City Limits
  • Waterfront Features: Abuts Stream/Creek/River
  • Waterfront: No
  • Construction Type: Wood/Frame, Stone
  • Direction Faces: South
  • Exterior Features: Lighting
  • Other Structures: Storage
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, City
  • Heating: Hot Water, Baseboard
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

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

Lot Info

  • Zoning: LMN
  • Current Use: Horses
  • Lot Size Sq Ft: 62992
  • Parcel #: R1376403
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 4922

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 86834.4
  • Income Includes: ["Lease/Rents","Deposits Forfeited"]

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2013
Closed on
Oct 16, 2013
Sold by
Bought by
Seller's Agent
Steven Noel
RE/MAX Alliance-Longmont
Buyer's Agent
Amber Sigg
The Pointe Real Estate LLC
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 1, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
6.22%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 29, 2002
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$750,000 Heritage Title
$650,000 Land Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $525,000
Previous Owner $590,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $750,000 -- --
10/16/2013 10/16/13 Sold $750,000 0.0% $133 / Sq Ft
09/16/2013 09/16/13 Pending -- -- --
07/02/2013 07/02/13 For Sale $750,000 -- $133 / Sq Ft
Source: IRES MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,727 $217,582 $66,500 $151,082
2024 $18,009 $209,322 $138,400 $70,922
2022 $16,163 $171,178 $57,520 $113,658
2021 $16,044 $172,977 $57,840 $115,137
2020 $15,363 $164,201 $57,840 $106,361
2019 $15,430 $164,201 $57,840 $106,361
2018 $14,221 $156,038 $22,700 $133,338
2017 $13,693 $150,762 $17,424 $133,338
2016 $5,970 $66,187 $20,051 $46,136
2015 $5,999 $66,190 $20,050 $46,140
2014 $4,974 $54,530 $20,050 $34,480
Source: Public Records

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Map

Source: IRES MLS

MLS Number: IRE712966

IRES MLS
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