Check Availability
$800,000
↓ $50K (5.9%)
House - For Sale

1516 Remington Street

Fort Collins, CO 80524
bedrooms
Studio
bathrooms
0 Bath
square feet
8997 Sqft
$4,361
Estimated Monthly
$0
HOA / Fees
-0.62%
Cap Rate

About This Property

PRICE SIGNIFICANTLY REDUCED!  Potential, Potential, Potential.  This former Sorority/Fraternity house is awaiting your vision.  Almost 9,000 sf of finished living space.  This property is in an amazing location, right next door to CSU Campus, walking distance to CSU Rams (Canvas) Stadium.  Preliminary drawings are for a sorority/fraternity house with 23 bedrooms and 33 beds.  Potential uses can be for student housing, boutique hotel, sober living, residential assisted living or convert them to apartments.  Your only limited by your imagination!  Close to College Ave and Prospect, near tons of shopping, dining, Max Transport station and Old Town.  Next door is CSU's -  House on Remington, across the street is the Sigma Phi Epsilon fraternity and caddy corner is the CSU Annual Flower Garden.  Demo has been completed by the previous owner and is ready for your creativity to take this amazing property and make it something special.  It is the ugly duckling on one of the most amazing streets in Fort Collins.  This home was appraised last year for $2.1 million As-Is and $3.12 million once renovations are done (based on income approach).  Property is located in a historical district and is eligible for historical designation. Don't miss out on this opportunity to own a piece of Fort Collins history.  Demo was completed by previous owner, please use caution when entering. Visit www.1516RemingtonStreet.com
Unit Size
8,997Ft²
Days on Market
331 days
Land Size
0.39 acres
Price per sqft
$89
Property Type
House
Property Taxes
$432
HOA Dues
-
Year Built
1946
Listed By
Last updated: 2 days ago (REcolorado MLS #REC5171456)

Price History

Date / Event Date Event Price
Apr 29, 2024 Price Decreased $800,000
↓ $50K (5.9%)
Price Decreased
Jun 5, 2023 Listed by eXp Realty, LLC $850,000
Listed by eXp Realty, LLC
Mar 3, 2022 No longer available -
No longer available
Mar 1, 2022 Sold $900,000
Sold
Jan 10, 2022 Listed by eXp Realty, LLC $875,000
Listed by eXp Realty, LLC
Show More

Property Highlights

Fireplace
Parking Details
Total Number of Parking: 10
Parking Features: Asphalt
Interior Details

Interior Information

Appliances: Disposal, Gas Water Heater, Range, Range Hood, Refrigerator, Self Cleaning Oven

Fireplace Information

Fireplace Features: Living Room
Fireplaces: 1

Basement Information

Basement: Finished

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 2,408
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,000
  • Total Building Area: 8,997
  • Gross Building Area: 8,997
  • Building Area: 8,997
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 8,997
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: MOORE`S L C
  • Land Acres: 0.39
  • Legal Description 1: LOTS 3 & 4, BLK 7, L C MOORE 2ND, FTC

Ownership

  • Current Owner : PINNACLE ENTERPRISES LLC
  • Previous Owner : BETA TAU 1919 HOUSE CORPORATION
  • Owner Before Previous Owner: BETA TAU 1919 HOUSE CORPORATION
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: unknown
  • Vacant Flag Date: Mar 21, 2024

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 000700

Zoning

  • Zoning: NCL

Geography

  • Assessors Map Reference: 97133
  • Account Number: R0061409
  • Parcel: R0061409
  • Block: 7
  • Lot: 3,4
  • Meridian: SEC 13 TWN 7N RNG 69W
  • Municipality: FORT COLLINS
  • Latitude: 40.5681
  • Longitude: -105.075

    Address

  • Full Address: 1516 Remington St
  • Address - House Number: 1516
  • Address - Street Name: Remington
  • Address - Suffix Type: St
  • State: CO
  • City Name: Fort Collins
  • Carrier Code: C001
  • 4-Digit Zip Code: 4140
  • Zip Code: 80524

Valuation

    Tax

  • Total Area: 8,997
  • Tax Year: 2023
  • Tax Amount: $7,004
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 1100

    Market Valuation

  • Market Total Value: $1,200,000
  • Market Land Value: $340,000
  • Market Improvement Value: $860,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $80,400
  • Assessed Land Value: $22,780
  • Assessed Improvements Value: $57,620

    Sales

  • Current Sale Contract Date: Feb 28, 2022
  • Current Sale Recording Date: Mar 01, 2022
  • Current Sale Transaction ID: 11881255203
  • Current Sale Price: $900,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 13769
  • Previous Sale Recording Date: Dec 02, 2021
  • Previous Sale Amount: $5,673
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: PBREI LLC
  • First Mortgage Transaction Date: Mar 01, 2022
  • First Mortgage Loan Amount: $1,225,000
  • First Mortgage Terms: 4
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Aug 31, 2022

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
6 Baths
4,305 ft²
$231/ft²
$995,000 Mar 28, 2024
-
$288/mo
House
3 Beds
1.5 Baths
1,588 ft²
$453/ft²
$720,000 Jan 30, 2024
-
$1,645/mo

About Historic Fort Collins High School


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Frequently Asked Questions

When was property at 1516 Remington Street built and last sold?
The property at 1516 Remington Street was built in 1946 and last sold on Feb 28, 2022 for $900,000.
How much is this home worth?
The estimated value of the home located at 1516 Remington Street is $912,475.
What are some comparable homes to 1516 Remington Street?
Homes that are comparable to 1516 Remington Street include a house property at 1216 Morgan Street, 609 Dartmouth Trail, which are both great to check out.

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