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Fort Collins 80521 P.O.E.T
2121 Springfield Drive
$651,000
● House - Off Market

2121 Springfield Drive

Fort Collins, CO 80521
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,738 Ft²
$577,812
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Outdoor Oasis in the heart of Fort Collins! This 3 bed, 2 bath home sits on almost 1/2 acre lot with a 2 car attached garage. Enjoy country living in the middle of town with a large covered patio that overlooks the In-Ground Heated Pool, Garden Area,  30x20 shop, and Heated & Cooled Studio/Office while being near shopping, restaurants, parks, and more.  Fresh Paint and new light fixtures throughout. Hot Tub included. NO HOA!
Unit Size
1,738 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$328
Property Type
House
Property Taxes
$238
HOA Dues
-
Year Built
1973

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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 #RECIR961285)

Price History

Date / Event Date Event Price
May 2, 2022 Sold
Premium
Sold
Mar 22, 2022 Listed by Kentwood RE Northern Prop Llc $570,000
Listed by Kentwood RE Northern Prop Llc
Aug 4, 2015 Sold
Premium
Sold
Dec 1, 1993 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 1,000
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 31
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 19,531
  • Total Building Area: 3,320
  • Gross Building Area: 3,320
  • Building Area: 1,880
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,880
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000448
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: BEG PT ON S ROW LN SPRINGFIELD DR IN WEST LAKE ST SUB WH IS N 0 25 W 1002.7 FT, N 89 33 W 340.2 FT FROM SE COR 16-7-69, N 89 33 W 98 FT, S 0 25 E 200 FT, S 89 33 E 98 FT, N 0 25 W 200 FT TPOB.

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 000506

Zoning

  • Zoning: RL

Geography

  • Assessors Map Reference: 97164
  • Account Number: R0093238
  • Parcel: R0093238
  • Meridian: SEC 16 TWN 7N RNG 69W
  • Municipality: FORT COLLINS
  • Latitude: 40.57
  • Longitude: -105.117

    Address

  • Full Address: 2121 Springfield Dr
  • Address - House Number: 2121
  • Address - Street Name: Springfield
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Fort Collins
  • Carrier Code: C021
  • 4-Digit Zip Code: 4220
  • Zip Code: 80521

Valuation

    Tax

  • Total Area: 2,152
  • Tax Year: 2023
  • Tax Amount: $334,833
  • Tax Rate Code Area: 1100

    Appraisal Valuation

  • Standard Deviation: 0.1415
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 622,334
  • High Value: 710,452
  • Low Value: 534,215

    Market Valuation

  • Market Total Value: $602,400
  • Market Land Value: $25,000
  • Market Improvement Value: $577,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $40,361
  • Assessed Land Value: $1,675
  • Assessed Improvements Value: $38,686

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: May 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 28006
  • Previous Sale Recording Date: Aug 04, 2015
  • Previous Sale Contract Date: Jul 31, 2015
  • Previous Sale Amount: $385,000
  • 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 P.O.E.T

Stats & Trends

Median Asking:

$485,000

Sale Price/ft²

$276

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1632 ft²

Average Home Age

49.2 years

Currently For Sale

12 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

Currently no nearby rentals

Frequently Asked Questions

When was property at 2121 Springfield Drive built and last sold?
The property at 2121 Springfield Drive was built in 1973 and last sold on Apr 29, 2022 for $651,000.
How much is this home worth?
The estimated value of the home located at 2121 Springfield Drive is $585,136.
What are some comparable homes to 2121 Springfield Drive?
There are currently no comparable homes to 2121 Springfield Drive.
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