Check Availability

312 Locust Street

312 Locust Street, Fort Collins, CO 80524
Property in University Park
Sold Dec 02, 2021
$1,200,000
$780,000 by Alpine Bank
Mortgage
Sold Aug 04, 2003
$242,000
$193,600 by Front Range Bank
Mortgage
312 Locust Street in Fort Collins, CO was first built in 1936 and is 88 years old. Although, the building on the property was most recently renovated and altered in 2020. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 18 rooms in the home, of which, 7 are bedrooms. In terms of bathrooms, there are a total of 12 full bathrooms. There are 12 partial bathrooms. 312 Locust Street has 5,180 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 2,671 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 9,420 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of wood shake/ shingles. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. While the interior walls are made of plaster. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 312 Locust Street sold most recently in Nov 16, 2021 for a total of $1,200,000. If you work out the math, that's approximately a cost of $224.63 per sqft. Before that, the property was also sold for $242,000 in Jul 30, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,456 in taxes each year. 312 Locust Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $85,358. If we break it down further, the land itself was valued at $26,800. Improvements to the property, however, were assessed at a total of $58,558. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 2020
  • Building Count: 2
  • Total Rooms: 18
  • Bedroom Count: 7
  • Bathroom Count: 12
  • Full Bathrooms: 12
  • Partial Bathrooms: 12
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 2,671
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,420
  • Total Building Area: 5,342
  • Gross Building Area: 5,342
  • Building Area: 5,180
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 5,180
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FTC BLK 148
  • Land Acres: 0.216
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LOT 20, BLK 148, FTC

Ownership

  • Current Owner : SHEHAB IMAD
  • Current Owner 2: SHEHAB JESSICA
  • Previous Owner : NACE RANDY C
  • Previous Owner 2: NACE JANA L
  • Owner Before Previous Owner: OCHELTREE HARRIETT R

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 000700

Zoning

  • Zoning: NCM

Geography

  • Assessors Map Reference: 97132
  • Account Number: R0056308
  • Parcel: R0056308
  • Block: 148
  • Lot: 20
  • Meridian: SEC 13 TWN 7N RNG 69W
  • Municipality: FORT COLLINS
  • Latitude: 40.576
  • Longitude: -105.073

    Address

  • Full Address: 312 Locust St
  • Address - House Number: 312
  • Address - Street Name: Locust
  • Address - Suffix Type: St
  • State: CO
  • City Name: Fort Collins
  • Carrier Code: C056
  • 4-Digit Zip Code: 3345
  • Zip Code: 80524

Valuation

    Tax

  • Total Area: 2,262
  • Tax Year: 2023
  • Tax Amount: $7,456
  • Tax Rate Code Area: 1100

    Appraisal Valuation

  • Standard Deviation: 0.2928
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 41
  • Final Value: 1,429,548
  • High Value: 1,848,194
  • Low Value: 1,010,901

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $780,000
  • First Open Lien Mortgage Lender: ALPINE BANK
  • First Open Lien Mortgage Recording Date: Dec 02, 2021
  • First Open Lien Mortgage Loan Amount: $780,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $1,274,000
  • Market Land Value: $400,000
  • Market Improvement Value: $874,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $85,358
  • Assessed Land Value: $26,800
  • Assessed Improvements Value: $58,558

    Sales

  • Current Sale Contract Date: Nov 16, 2021
  • Current Sale Recording Date: Dec 02, 2021
  • Current Sale Transaction ID: 11870143064
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210109278
  • Previous Sale Recording Date: Aug 04, 2003
  • Previous Sale Contract Date: Jul 30, 2003
  • Previous Sale Amount: $242,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALPINE BANK
  • First Mortgage Transaction Date: Dec 02, 2021
  • First Mortgage Loan Amount: $780,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: FRONT RANGE BANK
  • Previous Mortgage Transaction Date: Aug 04, 2003
  • Previous Mortgage Loan Amount: $193,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About University Park



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 312 Locust Street located in?
The 312 Locust Street is a located in the neighborhood of University Park in University Park, Fort Collins.
What is the average sales price for listings in 312 Locust Street?
The average sales price for units in 312 Locust Street is $0 currently.

Quantcast