NOT LISTED FOR SALE

817 Smith St Fort Collins, CO 80524

University Park Neighborhood

Estimated Value: $561,117 - $657,000

3 Beds
2 Baths
1,340 Sq Ft
$453/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $410,000 $306 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,436/month

4 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 1-Story Property
  • Lesher Middle School Rated A-

About This Home

As of August 2017

Charming LEGAL Old Town Duplex! Well kept over under 2 unit property just a few blocks directly East of CSU. New interior & exterior paint. New roof 2012. Large 9,500 sq. ft. lot in NCM zoning (call city about possible uses!). All appliances included. Never vacant in a GREAT location! Leased through June & July, 2018. Nice Turn Key Old Town Investment!

Last Agent to Sell the Property

Robert Jones

Group Mulberry Listed on: 07/28/2017

Group Mulberry

Last Buyer's Agent

Sean Dougherty

RE/MAX Alliance-FTC South

RE/MAX Alliance-FTC South

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 9,500

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,340 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Additional Features

  • 9,500 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for gas, electricity, water, sewer
  • Assessor Parcel Number R0056600

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Old Town Subdivision

Building Details

  • Gross Income $21,562
  • Net Operating Income $21,562

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Year Built: 1928
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.22
  • Subdivision Name: Old Town
  • Directions: Elizabeth East of College - North (left) on Smith - home on West side.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1340
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator, Washer, Dryer
  • Has Basement: Full
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, City of FTC
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of FTC
  • Gas Company: Natural Gas, Xcel Energy

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: Poudre
  • Junior High Dist: Poudre
  • Middle Or Junior School: Lesher

Lot Info

  • Zoning: NCM
  • Lot Size Sq Ft: 9500
  • Parcel #: R0056600
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity, Water, Sewer

Tax Info

  • Tax Year: 2016

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 21562.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2017
Closed on
Aug 31, 2017
Sold by
Ringdahl Paul D and Ringdahl Sally L
Bought by
Budd Nathaniel A
Seller's Agent
Robert Jones
Group Mulberry
Buyer's Agent
Sean Dougherty
RE/MAX Alliance-FTC South
List Price
$400,000
Sold Price
$410,000
Premium/Discount to List
$10,000
2.5%
Current Estimated Value
$606,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,529
Avg. Annual Appreciation
4.82%
Original Mortgage
$328,000
Outstanding Balance
$274,344
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$332,185

Purchase Details

Listed on
Jul 28, 2017
Closed on
Aug 14, 2017
Sold by
Ringdahl Paul
Bought by
Ringdahl Paul D and Ringdahl Sally L
Seller's Agent
Robert Jones
Group Mulberry
Buyer's Agent
Sean Dougherty
RE/MAX Alliance-FTC South
List Price
$400,000
Sold Price
$410,000
Premium/Discount to List
$10,000
2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Outstanding Balance
$274,344
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$332,185

Purchase Details

Closed on
Sep 24, 2012
Sold by
One Vantage Properties Llc
Bought by
Ringdahl Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2008
Sold by
Vantage Properties Llc
Bought by
One Vantage Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,725
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 1999
Sold by
Ray Christian
Bought by
Vantage Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
6.73%

Purchase Details

Closed on
Oct 23, 1998
Sold by
Eckard Melvin L & Wanda F Trust
Bought by
Ray Christian

Purchase Details

Closed on
Apr 1, 1996
Sold by
Eckard Wanda F
Bought by
Eckard Wanda F Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Budd Nathaniel A $410,000 Tggt
Ringdahl Paul D -- None Available
Ringdahl Paul $240,000 Land Title Guarantee Company
One Vantage Properties Llc -- Chicago Title Co
Vantage Properties Llc -- --
Ray Christian $135,000 Land Title
Eckard Wanda F Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Budd Nathaniel A $328,000
Previous Owner Ringdahl Paul $180,000
Previous Owner One Vantage Properties Llc $114,725
Previous Owner Vantage Properties Llc $94,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $410,000 -- --
08/31/2017 08/31/17 Sold $410,000 +2.5% $306 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $400,000 -- $299 / 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 $3,096 $35,952 $3,350 $32,602
2024 $2,946 $35,952 $3,350 $32,602
2022 $2,941 $31,151 $3,400 $27,751
2021 $3,038 $32,754 $3,575 $29,179
2020 $3,010 $32,175 $3,575 $28,600
2019 $3,023 $32,175 $3,575 $28,600
2018 $2,300 $25,236 $3,600 $21,636
2017 $2,292 $25,236 $3,600 $21,636
2016 $1,677 $18,372 $3,980 $14,392
2015 $1,665 $18,370 $3,980 $14,390
2014 $1,447 $15,860 $3,980 $11,880
Source: Public Records

Agents Affiliated with this Home

  • Robert Jones

    Seller's Agent in 2017

    Robert Jones

    Group Mulberry

    (970) 217-1954

    138 Total Sales

    Robert Jones
    Section Image
  • Sean Dougherty

    Buyer's Agent in 2017

    Sean Dougherty

    RE/MAX

    (970) 402-5642

    114 Total Sales

    Sean Dougherty
    Section Image
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Map

Source: IRES MLS

MLS Number: 828005

IRES MLS

APN: 97132-24-004

Colorado Larimer County Fort Collins 80524 University Park

817 Smith St, Fort Collins, CO

Not Listed for Sale

MultiFamily

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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