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Fort Collins 80525 Meadows East
1931 Custer Dr
$450,000
● House - Off Market

1931 Custer Dr

Fort Collins, CO 80525
bedrooms
2 Beds
bathrooms
1 Bath
square feet
901 Ft²
$2,297
Est. Monthly
6.03%
Cap Rate

About This Property

Pride of ownership! Pre-inspected & home warranty included! Exceptional care and remodeled updates make this home move-in ready. The updated kitchen includes custom Milarc Alder cabinets, a separate pantry, & a stackable washer/dryer. This 2 bd, 1 ba. ranch floorplan is efficient w/ crawl space storage & oversized, insulated 1 car garage: new roof, new carpet, and A/C. Parking for a boat or camper is allowed. The backyard is the highlight of outdoor living. Secluded, private w/ mature trees and fence. Large pergola-covered patio and gabion pillars with butcherblock hightop table. There is plenty of garden space and additional large storage sheds. Excellent location near grocery stores, restaurants, bars, breweries, hiking and biking trails, k-12 schools, and quick access to I-25!
Unit Size
901 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$483
Property Type
House
Property Taxes
$161
HOA Dues
-
Year Built
1979

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 2 years ago (IRES MLS #1002051)

Price History

Date / Event Date Event Price
Feb 22, 2024 Sold
Premium
Sold
Jan 24, 2024 Listed by C3 Real Estate Solutions, LLC $435,000
Listed by C3 Real Estate Solutions, LLC
Jan 11, 2005 Sold
Premium
Sold
Oct 18, 2002 Sold
Premium
Sold
Jun 21, 1997 Listed $109,900
Listed

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0
  • Location Influence Type: R

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 896
  • Building Area: 896
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 896
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWS EAST
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 125
  • Legal Description 1: LOT 20, MEADOWS EAST SUB, FTC

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 001602

Geography

  • Assessors Map Reference: 87301
  • Account Number: R0727628
  • Parcel: 87301-17-020
  • Meridian: SEC 30 TWN 7N RNG 68W
  • Municipality: FORT COLLINS
  • Latitude: 40.5496
  • Longitude: -105.042

    Address

  • Full Address: 1931 Custer Dr
  • Address - House Number: 1931
  • Address - Street Name: Custer
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Fort Collins
  • Carrier Code: C002
  • 4-Digit Zip Code: 2449
  • Zip Code: 80525

Valuation

    Tax

  • Total Area: 896
  • Tax Year: 2020
  • Tax Amount: $179,223
  • Tax Rate Code Area: 1100

    Appraisal Valuation

  • Standard Deviation: 0.1413
  • Valuation Date: Jan 27, 2021
  • Confidence Score: 83
  • Final Value: 314,961
  • High Value: 359,482
  • Low Value: 270,440

    Market Valuation

  • Market Total Value: $267,900
  • Market Land Value: $36,000
  • Market Improvement Value: $231,900

    Assessments Valuation

  • Assessed Year: 2019
  • Assessed Total Value: $19,155
  • Assessed Land Value: $2,574
  • Assessed Improvements Value: $16,581

    Sales

  • Current Sale Contract Date: Jan 07, 2005
  • Current Sale Recording Date: Jan 11, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2005-0002699
  • Previous Sale Recording Date: Oct 18, 2002
  • Previous Sale Contract Date: Oct 07, 2002
  • Previous Sale Amount: $158,900
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Meadows East

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$413

Above Asking

0.00%

Average Days on Market

43

Average Home Size

1510 ft²

Average Home Age

46.7 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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IRES

Listed by: Allard Johnson Team, C3 Real Estate Solutions, LLC
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1002051
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 1931 Custer Drive built and last sold?
The property at 1931 Custer Drive was built in 1979 and last sold on Jan 7, 2005 for $170,000.
How much is this home worth?
The estimated value of the home located at 1931 Custer Drive is $0.
What are some comparable homes to 1931 Custer Drive?
There are currently no comparable homes to 1931 Custer Drive.
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