622 S Grant Ave Fort Collins, CO 80521
University North Neighborhood
4
Beds
2
Baths
1,854
Sq Ft
8,893
Sq Ft Lot
Highlights
- Deck
- Wood Flooring
- Wood Frame Window
- Dunn Elementary School Rated A-
- No HOA
- Baseboard Heating
About This Home
As of October 2024PRIME INVESTMENT OPPORTUNITY! Here is your opportunity to own two rental units, close to Old Town and right down the street from the CSU Dorms. This is a 1940's over-under duplex with 2 Bedrooms, 1 Bathroom on the upper level, and 2 Bedroom and 1 Bath on the lower level. This home features elegant cove ceilings and archways, bright rooms with natural light, high grade wood flooring and carpet throughout, built-in cabinetry, a separate entrance for lower level, walk-up attics, and garden level basements. Windows for the lower unit are all conforming. Bathrooms and carpet have been updated. In the back of the home, there is a spacious back deck and lawn space, a walk-in shed, and a detached garage with ample off street parking. This property is located seconds from CSU's Campus, and minutes from Laurel Street District and downtown providing great access to restaurants, public transportation, and Old Town Fort Collins.
Last Buyer's Agent
Non-IRES Agent
Non-IRES
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,230
Year Built
- Built in 1940
Lot Details
- 8,893 Sq Ft Lot
- Property fronts an alley
- West Facing Home
- Level Lot
Home Design
- Duplex
- Wood Frame Construction
- Composition Roof
- Composition Shingle
Interior Spaces
- 1,854 Sq Ft Home
- 1-Story Property
- Gas Fireplace
- Wood Frame Window
- Wood Flooring
- Basement Fills Entire Space Under The House
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Outdoor Features
- Deck
Schools
- Dunn Elementary School
- Lincoln Middle School
- Poudre High School
Utilities
- Baseboard Heating
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tenant pays for deposit, gas, electricity, water
- Assessor Parcel Number R0070793
Community Details
Overview
- No Home Owners Association
- 2 Units
- Westlawn Subdivision
Building Details
- Gross Income $30,000
- Net Operating Income $24,371
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2024 10/18/24 | Sold | $620,000 | 0.0% | $334 / Sq Ft |
| 08/28/2024 08/28/24 | Price Changed | $620,000 | -4.6% | $334 / Sq Ft |
| 05/10/2024 05/10/24 | For Sale | $650,000 | -- | $351 / Sq Ft |
Source: IRES MLS
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 | $3,829 | $45,627 | $3,350 | $42,277 |
| 2024 | $3,829 | $45,627 | $3,350 | $42,277 |
| 2022 | $3,230 | $34,211 | $3,400 | $30,811 |
| 2021 | $3,337 | $35,972 | $3,575 | $32,397 |
| 2020 | $3,044 | $32,533 | $3,575 | $28,958 |
| 2019 | $3,057 | $32,533 | $3,575 | $28,958 |
| 2018 | $3,009 | $33,019 | $3,600 | $29,419 |
| 2017 | $2,999 | $33,019 | $3,600 | $29,419 |
| 2016 | $1,998 | $21,890 | $3,980 | $17,910 |
| 2015 | $1,984 | $26,240 | $3,980 | $22,260 |
| 2014 | $1,739 | $19,060 | $3,980 | $15,080 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $402,976 | New Conventional | |
| Previous Owner | $318,500 | New Conventional | |
| Previous Owner | $240,000 | Commercial | |
| Previous Owner | $199,000 | New Conventional | |
| Previous Owner | $195,000 | New Conventional | |
| Previous Owner | $146,500 | Fannie Mae Freddie Mac | |
| Previous Owner | $116,000 | Unknown | |
| Previous Owner | $94,900 | Unknown | |
| Previous Owner | $116,000 | No Value Available |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $620,000 | Land Title Guarantee | |
| Warranty Deed | $145,000 | -- |
Source: Public Records
Similar Homes in Fort Collins, CO
Source: IRES MLS
MLS Number: 1008982
APN: 97142-11-008
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.
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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