NOT LISTED FOR SALE

8410 2nd St Wellington, CO 80549

Estimated Value: $788,000 - $928,000

7 Beds
5 Baths
3,240 Sq Ft
$260/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $519,000 $160 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,768/month

14 Days on Market

Highlights

  • Mountain View
  • Baseboard Heating
  • Fenced
  • No HOA
  • Southern Exposure
  • 4-minute walk to Centennial Park

About This Home

As of June 2017

When opportunity knocks you have to open the door! In this case open the door 3 times with this fantastic Triplex! The first 2 units have been recently updated and upgraded and are ready for new tenants! New appliances, flooring, bathrooms & fixtures! The 3rd unit is currently rented. Each unit has it's own fenced backayard as well as it's own water & electric meter. Walking distance to quaint Downtown Wellington & just seconds to I-25. Just waiting for it's lucky new investor!!

Last Agent to Sell the Property

Jennifer Forrest

Bison Real Estate Group Listed on: 05/03/2017

Last Buyer's Agent

John Sokoll

Stoneforest Real Estate Srvcs

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,327

Year Built

  • Built in 1980

Lot Details

  • 7,465 Sq Ft Lot
  • Southern Exposure
  • Fenced
  • Level Lot

Home Design

  • Property Attached
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,240 Sq Ft Home
  • 1-Story Property
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Schools

  • Eyestone Elementary School
  • Wellington Middle School
  • Poudre High School

Utilities

  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, water, sewer, trash collection
  • Assessor Parcel Number R1067478

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Wellington Place Subdivision

Building Details

  • Gross Income $13,627
  • Net Operating Income $10,146

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,327

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Year Built: 1980
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Wellington Place
  • Directions: From I-25 take Cleveland Ave West to 2nd St. Make a Right. Home will be on the right.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Southern Exposure
  • Property Attached Yn: Yes
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3240
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Microwave, Disposal
  • Accessibility Features: Level Lot
  • Has Basement: None
  • Total Bedrooms: 7
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet
  • View: Mountain(s), Foothills View, Plains View
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Direction Faces: South,East
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Separate Meter Electricity, Excel Energy
  • Heating: Baseboard
  • Utilities: Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Water Source: City Water, Town Of Wellington

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Eyestone
  • HighSchool: Poudre
  • Junior High Dist: Poudre
  • Middle Or Junior School: Wellington

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 7465
  • Parcel #: R1067478
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity, Water, Sewer, Trash Collection

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2327

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 13627.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2017
Closed on
Jun 16, 2017
Sold by
Craig Jeffrey Allen
Bought by
Schneider Chad and Schneider Erin
Seller's Agent
Jennifer Forrest
Bison Real Estate Group
Buyer's Agent
John Sokoll
Stoneforest Real Estate Srvcs
List Price
$519,000
Sold Price
$519,000
Current Estimated Value
$842,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,281
Avg. Annual Appreciation
5.94%
Original Mortgage
$389,250
Outstanding Balance
$323,775
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$517,503

Purchase Details

Closed on
Sep 1, 1993
Sold by
Powers William Keith
Bought by
Craig Jeffrey Allen
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
Schneider Chad $519,000 First American
Craig Jeffrey Allen $90,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneider Chad $389,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $519,000 -- --
06/16/2017 06/16/17 Sold $519,000 0.0% $160 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $519,000 -- $160 / 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 $4,205 $41,762 $1,843 $39,919
2024 $4,034 $41,762 $1,843 $39,919
2022 $3,182 $29,009 $1,870 $27,139
2021 $3,297 $30,502 $1,966 $28,536
2020 $4,595 $42,192 $1,966 $40,226
2019 $4,614 $42,192 $1,966 $40,226
2018 $3,251 $30,456 $1,980 $28,476
2017 $3,243 $30,456 $1,980 $28,476
2016 $2,327 $23,148 $2,189 $20,959
2015 $2,290 $23,150 $2,190 $20,960
2014 $2,198 $21,990 $2,190 $19,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 818664

IRES MLS

APN: 89331-28-054