NOT LISTED FOR SALE

Estimated Value: $492,924 - $607,000

2 Beds
2.5 Baths
2,128 Sq Ft
$262/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $432,500 $203 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,486/month

20 Days on Market

Highlights

  • Under Construction
  • Hiking Trails
  • Forced Air Heating and Cooling System
  • O'Dea Elementary School Rated A-
  • 2 Car Attached Garage
  • 3-minute walk to Indian Hills Park

About This Home

As of June 2020

Must see new cottage style row homes from FR in River Modern! Fantastic location right in mid-town off the Spring Creek bike trail. Minutes to campus, Old Town or I-25. These units are priced to move, great for investor or owner occupant! Standard finishes include quartz counters, stainless appliances, laminate wood flooring. First completions in June 2020. Call to see today!

Last Agent to Sell the Property

Devin Ferrey

FR Properties Ltd Listed on: 05/07/2020

Last Buyer's Agent

Michael Weber

Red Team Homes

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,608

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 3,137

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Half Duplex
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,128 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

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

Additional Features

  • 3,137 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number R1660087

Community Details

Overview

  • Association fees include trash, snow removal, maintenance structure, cable TV
  • Built by FR Development Ltd
  • River Modern Subdivision

Recreation

  • Hiking Trails

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,608

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Year Built: 2020
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Attached Dwelling
  • Horses: No
  • Lot Size Acres: 0.07
  • Subdivision Name: River Modern
  • Directions: From College Avenue, east on Stuart Street, north on Cherokee Drive, property is on the right (east)
  • Above Grade Finished Sq Ft: 1482
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: 1/2 Duplex
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2128
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Microwave, Disposal
  • Has Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 646
  • Living Area: 1482
  • IRESDS_HasFamilyRoom: No
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Master Bedroom Width: 14
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Laminate Floor
  • Room Kitchen Area: 120
  • Room Master Bedroom Area: 196
  • ResoLivingAreaSource: Plans

Exterior Features

  • Roof: Composition
  • Builder Name: FR Development Ltd
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage Door Opener
  • IRESDS_Garage Sq Ft: 404
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Utilities: Natural Gas Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of FC
  • Gas Company: Natural Gas, XCEL Energy

Condo/Co-op/Association

  • HOA Fee Includes: Trash, Snow Removal, Maintenance Structure, Cable TV
  • Community Features: Hiking/Biking Trails
  • Senior Community: No
  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Odea
  • HighSchool: Ft Collins
  • Junior High Dist: Poudre
  • Middle Or Junior School: Lesher

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 3137
  • Parcel #: R1660087
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2608

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Jun 29, 2020
Sold by
Fr Development Ltd
Bought by
Teutsch Michael G
Seller's Agent
Devin Ferrey
FR Properties Ltd
Buyer's Agent
Michael Weber
Red Team Homes
List Price
$429,900
Sold Price
$432,500
Premium/Discount to List
$2,600
0.6%
Current Estimated Value
$558,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,981
Avg. Annual Appreciation
6.01%
Original Mortgage
$280,000
Outstanding Balance
$251,462
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$334,794
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
Teutsch Michael G $432,500 Heritage Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teutsch Michael G $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Off Market $432,500 -- --
06/29/2020 06/29/20 Sold $432,500 +0.6% $203 / Sq Ft
05/07/2020 05/07/20 For Sale $429,900 -- $202 / 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 $3,128 $36,287 $9,648 $26,639
2024 $2,976 $36,287 $9,648 $26,639
2022 $3,238 $34,291 $8,451 $25,840
2021 $3,272 $35,278 $8,694 $26,584
2020 $910 $9,724 $8,694 $1,030
2019 $2,608 $27,753 $27,753 $0
2018 $1,351 $14,819 $14,819 $0
2017 $1,346 $14,819 $14,819 $0
2016 $10 $111 $111 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 911025

IRES MLS

APN: 97241-45-024