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Fort Collins 80521 City Park
1604 Richards Pl
$660,000
● House - Off Market

1604 Richards Pl

Fort Collins, CO 80521
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,570 Ft²
$677,510
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Here is the Downtown Fort Collins location you have been waiting for. This well appointed & spacious ranch is on a quiet street just a block from City Park, and minutes from Old Town Ft. Collins. Thoroughly upgraded and thoughtfully designed, with custom features around every corner. Beautiful kitchen features new shaker cabinets, quartz counter tops with tons of counter space, all new stainless steel appliances, butcher block accent shelving and a stylish hex backsplash. Plenty of room for you to spread out with 2 separate living areas, plus an additional flex or office space overlooking the backyard.
Unit Size
1,570 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$408
Property Type
House
Property Taxes
$173
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (IRES MLS #980207)

Price History

Date / Event Date Event Price
Jan 31, 2023 Sold
Premium
Sold
Dec 21, 2022 Listed by Coldwell Banker Realty- Fort Collins $640,000
Listed by Coldwell Banker Realty- Fort Collins
Jun 21, 2022 Sold
Premium
Sold
Apr 27, 2022 Listed by Coldwell Banker Realty- Fort Collins $399,000
Listed by Coldwell Banker Realty- Fort Collins
Apr 15, 2022 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 1,488
  • Garage Type: 3
  • Garage Square Area: 204
  • Parking Space Count: 5
  • Patio Type: 59
  • Porch Type: 31
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,393
  • Total Building Area: 2,976
  • Gross Building Area: 2,976
  • Building Area: 1,488
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,488
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RICHARD`S RESUB
  • Land Acres: 0000000124
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: LOT 28, RICHARDS RESUB, FTC

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 000402

Zoning

  • Zoning: NCL

Geography

  • Assessors Map Reference: 97103
  • Account Number: R0019534
  • Parcel: R0019534
  • Lot: 28
  • Meridian: SEC 10 TWN 7N RNG 69W
  • Municipality: FORT COLLINS
  • Latitude: 40.5881
  • Longitude: -105.106

    Address

  • Full Address: 1604 Richards Pl
  • Address - House Number: 1604
  • Address - Street Name: Richards
  • Address - Suffix Type: Pl
  • State: CO
  • City Name: Fort Collins
  • Carrier Code: C040
  • 4-Digit Zip Code: 2351
  • Zip Code: 80521

Valuation

    Tax

  • Total Area: 2,976
  • Tax Year: 2023
  • Tax Amount: $291,953
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 1100

    Appraisal Valuation

  • Standard Deviation: 0.1465
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 630,220
  • High Value: 722,556
  • Low Value: 537,883

    Market Valuation

  • Market Total Value: $532,300
  • Market Land Value: $42,000
  • Market Improvement Value: $490,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $35,664
  • Assessed Land Value: $2,814
  • Assessed Improvements Value: $32,850

    Sales

  • Current Sale Contract Date: Jan 31, 2023
  • Current Sale Recording Date: Jan 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3880
  • Previous Sale Recording Date: Jun 21, 2022
  • Previous Sale Contract Date: Jun 17, 2022
  • Previous Sale Amount: $440,250
  • Previous Sale Document Type: 4
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About City Park

Stats & Trends

Median Asking:

$795,000

Sale Price/ft²

$521

Below Asking

0.04%

Average Days on Market

59

Average Home Size

1832 ft²

Average Home Age

97.4 years

Currently For Sale

5 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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IRES

Listed by: The Key Group, Coldwell Banker Realty- Fort Collins
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 980207
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. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 1604 Richards Place built and last sold?
The property at 1604 Richards Place was built in 1955 and last sold on Jan 31, 2023 for $660,000.
How much is this home worth?
The estimated value of the home located at 1604 Richards Place is $0.
What are some comparable homes to 1604 Richards Place?
There are currently no comparable homes to 1604 Richards Place.
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