NOT LISTED FOR SALE

722 Remington St Fort Collins, CO 80524

University Park Neighborhood

Estimated Value: $2,272,062

5 Beds
4 Baths
4,657 Sq Ft
$488/Sq Ft Est. Value

Last Sold October 10, 2017

Last sale price $1,475,000 $317 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $13,320/month

92 Days on Market

Highlights

  • Victorian Architecture
  • No HOA
  • Radiator
  • Lesher Middle School Rated A-
  • Brick Veneer

About This Home

As of October 2017

This 8 unit Victorian apartment building is an investors dream! All units were renovated by current owner. Updated kitchens with new appliances, updated bathrooms and refinished or new floors. Building also has a new roof, new windows and 2 new washer and dryer sets in the shared basement. 7 1 bed/1 bath units and 1 2 bed/1 bath unit - only ONE BLOCK from CSU! ZERO vacancy with amazing income potential. Units 1 & 8 available for showings. Do not miss this absolutely golden opportunity!!!

Last Agent to Sell the Property

Luke Angerhofer

Prestigio Real Estate Listed on: 06/10/2017

Last Buyer's Agent

Luke Angerhofer

Prestigio Real Estate Listed on: 06/10/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,779

Year Built

  • Built in 1905

Lot Details

  • 7,000

Home Design

  • Victorian Architecture
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 4,657 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Schools

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

Additional Features

  • Exterior Lighting
  • 7,000 Sq Ft Lot
  • Radiator

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R0055476

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • City Of Fort Collins Subdivision

Building Details

  • Gross Income $100,000
  • Net Operating Income $80,903

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,779

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Year Built: 1905
  • 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: CITY OF FORT COLLINS
  • Architectural Style: Victorian
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4657
  • Special Features: None
  • Stories: 3

Interior Features

  • Possible Use: Multi-Family, Commercial or Industrial
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: Full, 25%+Finished Basement
  • Total Bedrooms: 5
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, City of FTC
  • Heating: Radiator
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of FTC
  • Gas Company: Natural Gas, XCEL

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • 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: RES
  • Lot Size Sq Ft: 7000
  • Parcel #: R0055476
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3779

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 100000
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 19097

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2017
Closed on
Oct 10, 2017
Sold by
Digs Llc
Bought by
Brousalian Chris and Brousalian Malgorzata
Seller's Agent
Luke Angerhofer
Prestigio Real Estate
Buyer's Agent
Luke Angerhofer
Prestigio Real Estate
List Price
$1,500,000
Sold Price
$1,475,000
Premium/Discount to List
-$25,000
-1.67%
Current Estimated Value
$2,272,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$797,062
Avg. Annual Appreciation
5.41%
Original Mortgage
$811,250
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 8, 2013
Closed on
Feb 10, 2014
Sold by
Millar Stuart and Millar Jennifer
Bought by
Digs Llc
Seller's Agent
Matt Haskell
URealty Inc
Buyer's Agent
Luke Angerhofer
Prestigio Real Estate
List Price
$585,000
Sold Price
$550,000
Premium/Discount to List
-$35,000
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.18%

Purchase Details

Listed on
Mar 8, 2013
Closed on
Jan 10, 2014
Sold by
Girardi George and Girardi Teresa
Bought by
Millar Stuart and Millar Jennifer
Seller's Agent
Matt Haskell
URealty Inc
Buyer's Agent
Luke Angerhofer
Prestigio Real Estate
List Price
$585,000
Sold Price
$550,000
Premium/Discount to List
-$35,000
-5.98%

Purchase Details

Closed on
Sep 15, 2004
Sold by
Unruh Richard D and Whittall Pamela R
Bought by
Girardi George and Girardi Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
6.03%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 2002
Sold by
Kathol Jennifer and Swain Dennis Byron
Bought by
Unruh Richard D and Whittall Pamela R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,453
Interest Rate
6.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 1984
Bought by
Kathol Jennifer
Source: Public Records

Range of Values:

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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
Brousalian Chris $1,475,000 First American Title
Digs Llc -- None Available
Millar Stuart $550,000 Unified Title Company Of Nor
Girardi George $550,000 --
Unruh Richard D $493,500 Land Title Guarantee Company
Kathol Jennifer -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broussalian Chris $875,000
Closed Broussalian Chris $875,000
Closed Brousalian Chris $811,250
Previous Owner Girardi George $452,767
Previous Owner Girardi George $412,500
Previous Owner Unruh Richard D $401,453
Previous Owner Kathol Jennifer $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $1,475,000 -- --
01/28/2019 01/28/19 Off Market $550,000 -- --
10/10/2017 10/10/17 Sold $1,475,000 -1.7% $317 / Sq Ft
09/10/2017 09/10/17 Pending -- -- --
06/10/2017 06/10/17 For Sale $1,500,000 +172.7% $322 / Sq Ft
01/14/2014 01/14/14 Sold $550,000 -6.0% $106 / Sq Ft
12/15/2013 12/15/13 Pending -- -- --
03/08/2013 03/08/13 For Sale $585,000 -- $113 / 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 $9,264 $100,232 $13,400 $86,832
2024 $8,814 $100,232 $13,400 $86,832
2022 $8,925 $94,520 $8,340 $86,180
2021 $9,020 $97,240 $8,580 $88,660
2020 $10,838 $115,830 $8,580 $107,250
2019 $10,884 $115,830 $8,580 $107,250
2018 $4,751 $52,128 $5,760 $46,368
2017 $4,735 $52,128 $5,760 $46,368
2016 $3,779 $41,392 $6,368 $35,024
2015 $3,752 $41,390 $6,370 $35,020
2014 $3,410 $37,380 $6,370 $31,010
Source: Public Records

Agents Affiliated with this Home

  • Luke Angerhofer

    Seller's Agent in 2017

    Luke Angerhofer

    Prestigio Real Estate

    (970) 690-2509

    121 Total Sales

    Luke Angerhofer
    Section Image

  • M

    Seller's Agent in 2014

    Matt Haskell

    URealty Inc

    (970) 690-1690

    72 Total Sales

    Matt Haskell
    Section Image
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Map

Source: IRES MLS

MLS Number: 823009

IRES MLS

APN: 97132-18-006

Colorado Larimer County Fort Collins 80524 University Park

722 Remington St, Fort Collins, CO

This home is located at 722 Remington St, Fort Collins, CO 80524 since 10 June 2017 and is currently estimated at $2,272,062, approximately $487 per square foot. This property was built in 1905. 722 Remington St is a home located in Larimer County with nearby schools including Laurel Elementary School, Lesher 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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