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Fort Collins 80525 Old Prospect
1624 Smith Place
$610,000
● House - Off Market

1624 Smith Place

Fort Collins, CO 80525
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,948 Ft²
$648,651
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Gardener and rock climbers dream! There are raised beds galore all on drip system and a garden shed/green house in back. The climbing wall in the garage was custom made but can be removed is buyer prefers. This stunning, updated 4 bedroom and 2 bath ranch home has great natural light. The whole home was remodeled less than 5 years ago. The basement is fully finished with egress windows! The home is conveniently located right next to the spring creek trail between Old Town and Midtown. This home is a must see.
Unit Size
1,948 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$318
Property Type
House
Property Taxes
$192
HOA Dues
-
Year Built
1957

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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 (REcolorado MLS #RECIR976233)

Price History

Date / Event Date Event Price
Oct 26, 2022 Sold
Premium
Sold
Sep 28, 2022 Listed by At Home Realty $619,900
Listed by At Home Realty
Jan 31, 2019 Sold
Premium
Sold
Nov 27, 2017 Sold
Premium
Sold
Sep 2, 2017 Listed by At Home Realty $469,900
Listed by At Home Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 974
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 31
  • Pool Type: 0
  • Location Influence Type: 25

    Dimensions

  • Lot Size Square Feet: 6,499
  • Total Building Area: 2,432
  • Gross Building Area: 2,432
  • Building Area: 1,948
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,948
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLANTZ
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: LOT 7, GLANTZ, FTC

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 000901

Zoning

  • Zoning: LMN

Geography

  • Assessors Map Reference: 97242
  • Account Number: R0109347
  • Parcel: R0109347
  • Lot: 7
  • Meridian: SEC 24 TWN 7N RNG 69W
  • Municipality: FORT COLLINS
  • Latitude: 40.5658
  • Longitude: -105.068

    Address

  • Full Address: 1624 Smith Pl
  • Address - House Number: 1624
  • Address - Street Name: Smith
  • Address - Suffix Type: Pl
  • State: CO
  • City Name: Fort Collins
  • Carrier Code: C029
  • 4-Digit Zip Code: 1040
  • Zip Code: 80525

Valuation

    Tax

  • Total Area: 1,968
  • Tax Year: 2023
  • Tax Amount: $339,481
  • Tax Rate Code Area: 1100

    Appraisal Valuation

  • Standard Deviation: 0.1593
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 629,026
  • High Value: 729,247
  • Low Value: 528,805

    Market Valuation

  • Market Total Value: $610,000
  • Market Land Value: $36,000
  • Market Improvement Value: $574,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $40,870
  • Assessed Land Value: $2,412
  • Assessed Improvements Value: $38,458

    Sales

  • Current Sale Contract Date: Oct 26, 2022
  • Current Sale Recording Date: Nov 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 68425
  • Previous Sale Recording Date: Jan 31, 2019
  • Previous Sale Contract Date: Jan 31, 2019
  • Previous Sale Amount: $495,000
  • Previous Sale Document Type: 71
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 Old Prospect

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$349

Below Asking

0.06%

Average Days on Market

60

Average Home Size

1617 ft²

Average Home Age

91.3 years

Currently For Sale

3 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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Frequently Asked Questions

When was property at 1624 Smith Place built and last sold?
The property at 1624 Smith Place was built in 1957 and last sold on Oct 26, 2022 for $610,000.
How much is this home worth?
The estimated value of the home located at 1624 Smith Place is $0.
What are some comparable homes to 1624 Smith Place?
There are currently no comparable homes to 1624 Smith Place.
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