NOT LISTED FOR SALE
4 Beds
2 Baths
3,432 Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: December 23, 2019

Last sale price $815,000 $237 Per Sq Ft

14 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Painted or Stained Flooring
  • Deck
  • Eat-In Kitchen
  • Dining Room

About This Home

As of December 2019

Fully leased 4 plex w/reputable tenants only a few minutes from Old Town Fort Collins & CSU. Make it an 8 plex-807 Aztec Drive 4 plex is also available for sale. Zero vacancy, no HOA, currently self managed. Each 2 BD unit backs to farmland w/ Foothills view & deck space with nice grass common area. New roof in 2018. Most units come with washer & dryer. Nearby identical property generating even higher rents. Currently fully leased through June/July 2020 w/current annual gross income of $57,600.

Last Agent to Sell the Property

Beth Bishop

Group Harmony Listed on: 11/13/2019

Group Harmony

Last Buyer's Agent

Lisa Sloan

Places Realty LLC

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,360

Year Built

  • Built in 1994

Lot Details

  • 11,088 Sq Ft Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,432 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Window Treatments
  • Dining Room
  • Painted or Stained Flooring

Kitchen

  • Eat-In Kitchen
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Exterior Lighting

Location

  • Near Farm

Schools

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

Utilities

  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number R0363260

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Granada Heights Subdivision

Building Details

  • Gross Income $57,600
  • Net Operating Income $50,308

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,360

Year Built

Built in 1994

Lot Details

0.25 Acres

Listing Details

  • Year Built: 1994
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.25
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Granada Heights
  • Directions: Shields to Vine, West on Vine to Aztec, right on Aztec, buildings on the left.
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3432
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Washer, Dryer, All Appliances, Disposal
  • Has Basement: None
  • Total Bedrooms: 4
  • Interior Amenities: Eat-in Kitchen, Separate Dining Room, Open Floorplan
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Level, Abuts Farm Land, Within City Limits
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Wood/Frame, Painted/Stained
  • Exterior Features: Lighting
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Separate Meter Electricity, City of FTC
  • Heating: Baseboard
  • Utilities: Electricity Available, Cable 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: LMN
  • Lot Size Sq Ft: 11088
  • Parcel #: R0363260
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3360

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 57600
  • Income Includes: ["Lease/Rents"]

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
Nov 13, 2019
Closed on
Dec 23, 2019
Sold by
Rickard James A and Rickard Richard Katrina
Bought by
Seller's Agent
Beth Bishop
Group Harmony
Buyer's Agent
Lisa Sloan
Places Realty LLC
List Price
$842,500
Sold Price
$815,000
Premium/Discount to List
-$27,500
-3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,700
Outstanding Balance
$484,626
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2008
Sold by
Brennfleck Jon R and Brennfleck Carol A
Bought by
Rickard James A and Rickard Katrina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,750
Interest Rate
6.11%
Mortgage Type
Commercial
Source: Public Records

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
$815,000 The Group Guaranteed Title
Rickard James A $317,000 Security 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
Open $560,700
Previous Owner Rickard James A $237,750
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
03/25/2020 03/25/20 Off Market $815,000 -- --
12/23/2019 12/23/19 Sold $815,000 -3.3% $237 / Sq Ft
11/13/2019 11/13/19 For Sale $842,500 -- $245 / 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 $5,926 $61,250 $12,500 $48,750
2024 $5,638 $65,446 $13,400 $52,046
2022 $4,591 $48,620 $8,160 $40,460
2021 $4,742 $51,123 $8,580 $42,543
2020 $4,496 $48,048 $8,580 $39,468
2019 $4,515 $48,048 $8,580 $39,468
2018 $3,360 $36,864 $5,184 $31,680
2017 $3,348 $36,864 $5,184 $31,680
2016 $2,907 $31,840 $5,731 $26,109
2015 $2,886 $31,840 $5,730 $26,110
2014 $2,311 $25,330 $5,730 $19,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE898829

IRES MLS

APN: 97034-05-007

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