NOT LISTED FOR SALE

921 University Dr Unit 1-6 Estes Park, CO 80517

Estimated Value: $400,000 - $1,226,017

4 Beds
3 Baths
3,250 Sq Ft
$191/Sq Ft Est. Value

Last Sold March 15, 2016

Last sale price $670,000 $206 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,370/month

24 Days on Market

Highlights

  • Mountain View
  • Corner Lot
  • Cottage
  • Wooded Lot
  • No HOA
  • Double Pane Windows

About This Home

As of March 2016

AN INVESTORS DREAM!! PRIME ESTES PARK LOCATION W/ 6 UNITS ON 4 LEGAL LOTS. 4-2BDRM COTTAGES, 1 STUDIO CABIN AND 1-2-STORY HOUSE, ALL WELL MAINTAINED. BOTH LONG & SHORT TERM RENTALS. GREAT RENTAL HISTORY, MOST CABINS HAVE BEEN REDONE. EACH UNIT HAS EXTRA STORAGE AND 2 PARKING SPACES, CENTRAL COIN-OP LAUNDRY ON-SITE.

Last Agent to Sell the Property

Pam Schock

8z Real Estate Listed on: 01/21/2016

8z Real Estate

Last Buyer's Agent

Scott Thompson

Keller Williams Top of the Rockies Real Estate

Keller Williams Top of the Rockies Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,963

Year Built

  • Built in 1942

Lot Details

  • 0.53 Acre Lot
  • Southern Exposure
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Legal Non-Conforming

Home Design

  • Cottage
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,250 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Painted or Stained Flooring
  • Mountain Views
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Green Energy Fireplace or Wood Stove

Outdoor Features

  • Patio
  • Outdoor Storage
  • Outbuilding

Schools

  • Estes Park Elementary And Middle School
  • Estes Park High School

Utilities

  • Forced Air Heating System
  • Radiant Heating System
  • Gravity Heating System
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water
  • Assessor Parcel Number R0522422

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • 3044 Perkins Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • Gross Income $74,135
  • Net Operating Income $49,881

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,963

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Year Built: 1942
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.53
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: 3044 - PERKINS
  • Directions: Main Intersection of Hwy 34 & Hwy 7, Turn left onto CO-7/S St Vrain Ave. Approx. 1.2 miles, Turn right onto Morgan St. Take the 2nd left to stay on Morgan St. Turn right onto University Dr. 921 UNIVERSITY DR is on the right.
  • Architectural Style: Cottage/Bung, Ranch
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Southern Exposure
  • Building Stories: 1
  • Structure Type: Legal Non-conforming
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3250
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Gas Range/Oven, Refrigerator, Washer, Dryer
  • Has Basement: None
  • Total Bedrooms: 4
  • Interior Amenities: Satellite Avail, High Speed Internet
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Fire Hydrant within 500 Feet, Corner Lot, Wooded, Level, Within City Limits
  • View: Mountain(s)
  • Waterfront: No
  • Construction Type: Wood/Frame, Wood Siding, Painted/Stained
  • Other Structures: Storage, Outbuildings
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Separate Meter Electricity
  • Heating: Forced Air, Gravity, Wood Stove, Radiant, 2 or more Heat Sources, Individual Heat Source
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Common Area
  • Heating Yn: Yes
  • Sewer: District Sewer
  • Water Source: City Water, Town of Estes Park
  • Gas Company: Natural Gas, Separate Meter Gas

Condo/Co-op/Association

  • Community Features: Extra Storage
  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Estes Park
  • HighSchool: Estes Park
  • Junior High Dist: Estes Park District
  • Middle Or Junior School: Estes Park

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 23087
  • Parcel #: R0522422
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2963

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 74135
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 24254

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 1992
Sold by
King Samuel P
Bought by
Hund Michael J
Current Estimated Value
$619,504
Source: Public Records

Range of Values:

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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
Hund Michael J $80,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $670,000 -- --
03/15/2016 03/15/16 Sold $670,000 -0.7% $206 / Sq Ft
02/14/2016 02/14/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $675,000 -- $208 / 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 $1,448 $23,457 $5,695 $17,762
2024 $1,423 $23,457 $5,695 $17,762
2022 $1,300 $17,021 $4,657 $12,364
2021 $1,335 $17,511 $4,791 $12,720
2020 $932 $12,069 $3,425 $8,644
2019 $926 $12,069 $3,425 $8,644
2018 $730 $9,223 $3,449 $5,774
2017 $734 $9,223 $3,449 $5,774
2016 $713 $9,496 $3,813 $5,683
2015 $720 $9,490 $3,810 $5,680
2014 $592 $8,000 $3,810 $4,190
Source: Public Records

Agents Affiliated with this Home

  • Pam Schock

    Seller's Agent in 2016

    Pam Schock

    8z Real Estate

    (970) 227-8318

    7 in this area

    56 Total Sales

    Pam Schock
    Section Image
  • Scott Thompson

    Buyer's Agent in 2016

    Scott Thompson

    Keller Williams Top of the Rockies Real Estate

    (970) 590-9941

    61 in this area

    88 Total Sales

    Scott Thompson
    Section Image
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Map

Source: IRES MLS

MLS Number: 782182

IRES MLS

APN: 25303-26-001

Colorado Larimer County Estes Park 80517

921 University Dr Unit 1-6, Estes Park, CO

This home is located at 921 University Dr Unit 1-6, Estes Park, CO 80517 since 21 January 2016 and is currently estimated at $619,504, approximately $190 per square foot. This property was built in 1942. 921 University Dr Unit 1-6 is a home located in Larimer County with nearby schools including Estes Park K-5 School, Estes Park Options School, and Estes Park Middle School.

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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