NOT LISTED FOR SALE

7312 S Lemay Ave Fort Collins, CO 80525

Estimated Value: $1,219,000 - $1,299,000

5 Beds
4.5 Baths
4,965 Sq Ft
$253/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $1,250,000 $252 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,014/month

139 Days on Market

Highlights

  • Horses Allowed On Property
  • Open Floorplan
  • Deck
  • Spa
  • Mountain View
  • Cathedral Ceiling

About This Home

As of April 2024

Walkout Ranch Home on 5-Acres in Fort Collins, CO. $17,670 Seller Concession offered to do a temporary rate buy-down! Space for Multi-Generational living and garages on each level. Open Floorplan. Unobstructed mountain views. Main level includes huge Kitchen with Hickory Cabinets and premium Granite Counters. Luxurious Primary Suite with a 5-piece bath, Jetted Tub, walk-in closet, & private balcony overlooking the picturesque acreage. Enclosed back porch featuring a cozy gas fireplace, perfect for unwinding with a book or game. Main Level Laundry. Newly Professionally-Finished Rec Room in Basement. 3 bedrooms, mini kitchen, a full and a 3/4 bath, separate entrance, lower level 2-car garage. Abundant storage space. Central air conditioning and a whole house fan ensure cool comfort during the summer months. Hot water boiler heat provides cozy warmth throughout the winter. Conveniently situated, this property offers proximity to hospitals, lakes, and easy access to I-25, making commuting a breeze. Come & Create your dream outdoor space. Check out the Aerial and Walk Through Videos!

Last Agent to Sell the Property

Lisa Young

Elevations Real Estate, LLC Listed on: 12/05/2023

Last Buyer's Agent

Robin Busteed

Cobblestone Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,089

Year Built

  • Built in 1993

Lot Details

  • 5.03 Acre Lot
  • Open Space
  • East Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Level Lot
  • Sprinkler System
  • Property is zoned UE

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Dwelling with Rental
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,965 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Bay Window
  • Wood Frame Window
  • Family Room
  • Dining Room
  • Home Office
  • Sun or Florida Room
  • Mountain Views
  • Attic Fan
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Primary bathroom on main floor
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Accessible Home Design

  • No Interior Steps
  • Accessible Approach with Ramp
  • Low Pile Carpeting

Outdoor Features

  • Spa
  • Access to stream, creek or river
  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Separate Outdoor Workshop

Schools

  • Cottonwood Elementary School
  • Erwin Middle School
  • Mountain View High School

Utilities

  • Whole House Fan
  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Pasture
  • Horses Allowed On Property

Community Details

  • Property has a Home Owners Association
  • Emerson Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number R1293940

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,089

Year Built

Built in 1993

Lot Details

0

Parking

4

Listing Details

  • Year Built: 1993
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 5.03
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt, Concrete
  • Subdivision Name: Emerson Acres
  • Directions: Property is on South Lemay, 4th home north of Carpenter Road
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Includes Rental Unit, Legal Conforming
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4965
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family, Farm, Additional Units
  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Electric Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Accessibility Features: Accessible Approach with Ramp, Level Lot, Level Drive, Low Carpet, No Stairs, Other Access, Main Floor Bath, Main Level Bedroom, Stall Shower, Main Level Laundry
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas, Gas Logs Included, Single Fireplace
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Study Area, In-Law Floorplan, Satellite Avail, High Speed Internet, Eat-in Kitchen, Separate Dining Room, Cathedral/Vaulted Ceilings, Open Floorplan, Pantry, Stain/Natural Trim, Walk-In Closet(s), Wet Bar, Kitchen Island, 9ft+ Ceilings, Sunroom
  • Window Features: Window Coverings, Wood Frames, Bay Window(s), Sunroom, Double Pane Windows
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Wood Floor
  • IRESDS_HasFamilyRoom: Yes
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: Main
  • Room Bedroom4 Features: Carpet
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Basement
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Bedroom5 Level: Basement
  • Room Bedroom5 Features: Laminate Floor
  • Room Family Room Level: Main
  • Room Kitchen Features: Wood Floor
  • Family Room Features: Wood Floor
  • Living Room Features: Carpet
  • Dining Room Dining Room Level: Main
  • Master Bathroom Features: Tub+Shower Primary, Luxury Features Primary Bath, 5 Piece Primary Bath
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Wood, Other
  • Lot Features: Lawn Sprinkler System, Level, Abuts Ditch, Abuts Public Open Space, Within City Limits
  • View: Mountain(s), Foothills View
  • Waterfront Features: Abuts Stream/Creek/River
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Direction Faces: East
  • Exterior Features: Balcony
  • Other Structures: Workshop
  • Patio And Porch Features: Patio, Deck, Enclosed
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: Garage Door Opener, Oversized
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Attic Fan, Whole House Fan
  • Electric: Electric, FTC Utilities
  • Heating: Hot Water, Baseboard, 2 or more Heat Sources
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Sink, Washer/Dryer Hookups, Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, FTC/Loveland
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Cottonwood
  • HighSchool: Mountain View
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Erwin, Lucile

Lot Info

  • Zoning: UE
  • Current Use: Horses, Zoning Appropriate for 1 Horse, Zoning Appropriate for 2 Horses, Zoning Appropriate for 3 Horses, Zoning Appropriate for 4+ Horses
  • Horse Amenities: Pasture
  • Lot Size Sq Ft: 219107
  • Parcel #: R1293940
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6089.18

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2025
Sold by
Busteed Robin K and Busteed Patrick Lee
Bought by
Busteed Robin and Busteed Patrick
Current Estimated Value
$1,258,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$754,000
Outstanding Balance
$750,653
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$507,408

Purchase Details

Listed on
Dec 5, 2023
Closed on
Apr 22, 2024
Sold by
Leahrose Gowing Trust
Bought by
Busteed Patrick Lee and Pino Janet Lee
Seller's Agent
Lisa Young
Elevations Real Estate, LLC
Buyer's Agent
Robin Busteed
Cobblestone Realty
List Price
$1,395,000
Sold Price
$1,250,000
Premium/Discount to List
-$145,000
-10.39%
Views
84

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.42%
Original Mortgage
$690,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2013
Sold by
Gowing Leahrose
Bought by
Leahrose Gowing Trust

Purchase Details

Closed on
May 1, 1990
Bought by
Gowing Raymond E
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
Busteed Robin -- None Listed On Document
Busteed Patrick Lee $1,250,000 None Listed On Document
Leahrose Gowing Trust -- None Available
Gowing Raymond E $25,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busteed Robin $754,000
Previous Owner Busteed Patrick Lee $690,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2024 04/22/24 Sold $1,250,000 -3.5% $252 / Sq Ft
03/19/2024 03/19/24 Price Changed $1,295,000 -7.2% $261 / Sq Ft
12/05/2023 12/05/23 For Sale $1,395,000 -- $281 / 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 $5,153 $70,846 $29,480 $41,366
2024 $4,984 $70,846 $29,480 $41,366
2022 $3,999 $53,926 $28,704 $25,222
2021 $4,114 $55,477 $29,530 $25,947
2020 $3,398 $47,055 $29,530 $17,525
2019 $3,343 $47,055 $29,530 $17,525
2018 $2,976 $41,040 $30,960 $10,080
2017 $2,589 $41,040 $30,960 $10,080
2016 $2,317 $37,285 $15,602 $21,683
2015 $2,298 $37,280 $15,600 $21,680
2014 $2,758 $42,070 $14,010 $28,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 1000349

IRES MLS

APN: 86183-05-001