Check Availability
$779,900
↓ $20K (2.5%)
House - For Sale

208 W Myrtle Street

Fort Collins, CO 80521
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1553 Sqft
$4,071
Estimated Monthly
$0
HOA / Fees
3.63%
Cap Rate

About This Property

THIS HOME INCLUDES A VERY RARE NON-PRIMARY STR LICENSE! Huge lot with great zoning and strong upside potential. Incredible location right in the middle of all the action and located just 50 yards from the Max Bus Rapid Transit station. Absolutely perfect for an owner occupant, CSU students, investors, or the savvy investor to run it as a fully furnished AIR BNB/VRBO investment property! AIRDNA estimates that the annual revenue will be $60,900 per year of gross revenue and $39,700 of Net Operating Income at an average nightly rate of $274. Recently updated kitchen with granite slab and new tile back splash, similar upgrades have been made to the bathroom, fresh interior paint, refinished hardwood floors, and so much more! Has a large oversized detached 2 car garage in the back with alley access, and a shed for even more storage. Can't beat this location and the potential here in this incredible location. Could possibly be a bustling in-home business location too! (Buyer to verify with City of FTC). Many original details and charm remain including original hardwood flooring and trim, as well as plenty of 100 year old charm, but with updates where it matters most. Inviting 3 season enclosed front porch  (not included in total sqft). Lovely shaded private flagstone patio out back too! You don't want to miss this one! Can also purchase 206 W Myrtle owned by the same Seller right next door (see MLS 1005904) Run don't walk!
Unit Size
1,553Ft²
Days on Market
34 days
Land Size
0.20 acres
Price per sqft
$502
Property Type
House
Property Taxes
$241
HOA Dues
-
Year Built
1923
Listed By
Michael Jensen
Fort Collins Real Estate, LLC
Last updated: 9 days ago (REcolorado MLS #RECIR1005903)

Price History

Date / Event Date Event Price
Apr 23, 2024 Price Decreased $779,900
↓ $20K (2.5%)
Price Decreased
Mar 29, 2024 Listed by Fort Collins Real Estate $799,900
Listed by Fort Collins Real Estate
THIS HOME INCLUDES A VERY RARE NON-PRIMARY STR LICENSE! Huge lot with great zoning and strong upside potential. Incredible location right in the middle of all the action and located just 50 yards from the Max Bus Rapid Transit station. Absolutely perfect for an owner occupant, CSU students, investors, or the savvy investor to run it as a fully furnished AIR BNB/VRBO investment property! AIRDNA estimates that the annual revenue will be $60,900 per year of gross revenue and $39,700 of Net…
Jan 9, 2024 Sold $575,000
Sold
Jul 29, 2017 Listed $775,000
Listed
POTENTIAL!!! This property is zoned CC & is within the boundary of the downtown area. The city has envisioned up to 5 stories in this area (like Max Flats). It's uses are endless since it can be a mix of business/multi-living. Entire lot could be built out OR build out the back & keep the bungalow on the front (House situated toward front of long narrow lot). Has coveted alley access for parking possibilities. House has been Tai Chi business for 27 years...what business will you…

Property Highlights

With View
Parking Details
Total Number of Parking: 2
Garage Spaces: 2
Interior Details

Bathroom Information

Full Bathrooms: 1

Interior Information

Appliances: Dryer, Oven, Refrigerator, Washer

Basement Information

Basement: Partial

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,550
  • Total Building Area: 1,206
  • Gross Building Area: 1,206
  • Building Area: 1,206
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,206
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: FTC BLK 105
  • Land Acres: 0.196
  • Legal Description 1: E 1/2 OF LOT 2, BLK 105, HARRISON, FTC

Ownership

  • Current Owner : UNIVERSITY RENTAL GROUP LLC
  • Previous Owner : MISHLOVE DAVID NICHOLAS
  • Owner Before Previous Owner: MISHLOVE TERRI MEY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 000100

Zoning

  • Zoning: CC

Geography

  • Assessors Map Reference: 97141
  • Account Number: R0066630
  • Parcel: R0066630
  • Block: 105
  • Lot: 2
  • Meridian: SEC 14 TWN 7N RNG 69W
  • Municipality: FORT COLLINS
  • Latitude: 40.5804
  • Longitude: -105.08

    Address

  • Full Address: 208 W Myrtle St
  • Address - House Number: 208
  • Street Direction: W
  • Address - Street Name: Myrtle
  • Address - Suffix Type: St
  • State: CO
  • City Name: Fort Collins
  • Carrier Code: C006
  • 4-Digit Zip Code: 2818
  • Zip Code: 80521

Valuation

    Tax

  • Total Area: 1,206
  • Tax Year: 2023
  • Tax Amount: $2,895
  • Tax Rate Code Area: 1100

    Appraisal Valuation

  • Standard Deviation: 0.1352
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 84
  • Final Value: 578,309
  • High Value: 656,550
  • Low Value: 500,068

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $535,500
  • First Open Lien Mortgage Lender: NEAL LLC
  • First Open Lien Mortgage Recording Date: Jan 09, 2024
  • First Open Lien Mortgage Loan Amount: $535,500
  • First Open Lien Mortgage Term: 7
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Sep 30, 2024

    Market Valuation

  • Market Total Value: $528,300
  • Market Land Value: $50,000
  • Market Improvement Value: $478,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $35,396
  • Assessed Land Value: $3,350
  • Assessed Improvements Value: $32,046

    Sales

  • Current Sale Contract Date: Jan 09, 2024
  • Current Sale Recording Date: Jan 09, 2024
  • Current Sale Transaction ID: 11918807040
  • Current Sale Price: $575,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 1019
  • Previous Sale Recording Date: Feb 01, 1996
  • Previous Sale Contract Date: Feb 01, 1996
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: NEAL LLC
  • First Mortgage Transaction Date: Jan 09, 2024
  • First Mortgage Loan Amount: $535,500
  • First Mortgage Terms: 7
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Sep 30, 2024

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,714 ft²
$437/ft²
$749,000 Aug 16, 2023
-
$195/mo
House
3 Beds
1 Bath
1,385 ft²
$505/ft²
$699,900 Mar 29, 2024
-
$201/mo
Condo
2 Beds
3 Baths
1,819 ft²
$473/ft²
$860,000 Feb 1, 2024
-
$541/mo
Condo
1 Bed
2 Baths
1,032 ft²
$726/ft²
$749,000 Nov 2, 2023
-
$734/mo
Multifamily
Stu
-
-
$685,000 Mar 6, 2024
-
$336/mo

About University North


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Frequently Asked Questions

When was property at 208 West Myrtle Street built and last sold?
The property at 208 West Myrtle Street was built in 1923 and last sold on Jan 9, 2024 for $575,000.
How much is this home worth?
The estimated value of the home located at 208 West Myrtle Street is $787,522.
What are some comparable homes to 208 West Myrtle Street?
Homes that are comparable to 208 West Myrtle Street include a house property at 642 Smith Street, 206 West Myrtle Street, 261 Pine Street.

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