$550,000
SOLD JAN 14, 2014
-- Bed
-- Bath
5,184 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$106 Per Sq Ft

6% Below List Price

282 Days on Market

Highlights

  • No HOA
  • Brick Veneer
  • Hot Water Heating System
  • Lesher Middle School Rated A-

About This Home

As of October 2017

Great location! One block from CSU campus and just south of Old Town. This property is full and easy to manage. This is a grea property for an investor or sophisticated buyer. New boiler! This property can be purchased with 721 Remington. Buyer to verify zoning and city compliance.

Last Agent to Sell the Property

Matt Haskell

URealty Inc Listed on: 03/08/2013

Last Buyer's Agent

Luke Angerhofer

Prestigio Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,973

Year Built

  • Built in 1905

Home Design

  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 5,184 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Schools

  • Laurel Elementary School
  • Lesher Middle School
  • Poudre High School

Additional Features

  • 6,970 Sq Ft Lot
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R0055476

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Ft Blk 137 Subdivision

Building Details

  • Gross Income $60,000
  • Net Operating Income $50,527

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,973

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 Surface Type: Paved, Asphalt
  • Subdivision Name: FT BLK 137
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 5184
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: All Appliances
  • Has Basement: Partial
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Utilities

  • Electric: Electric, City of FC
  • Heating: Hot Water
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Water Source: City Water, City of FC
  • 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: Poudre
  • Junior High Dist: Poudre
  • Middle Or Junior School: Lesher

Lot Info

  • Zoning: NCB
  • Lot Size Sq Ft: 6970
  • Parcel #: R0055476
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 3973

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 60000
  • Annual Operating Expense: 9473

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

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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 $1,475,000 First American Title
Special Warranty Deed -- None Available
Warranty Deed $550,000 Unified Title Company Of Nor
Warranty Deed $550,000 --
Warranty Deed $493,500 Land Title Guarantee Company
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $875,000 New Conventional
Closed $875,000 Future Advance Clause Open End Mortgage
Closed $811,250 Future Advance Clause Open End Mortgage
Previous Owner $452,767 Commercial
Previous Owner $412,500 Commercial
Previous Owner $401,453 Commercial
Previous Owner $150,000 Commercial
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

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Map

Source: IRES MLS

MLS Number: 701399

IRES MLS

APN: 97132-18-006