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3424 Colony Drive

3424 Colony Drive, Fort Collins, CO 80526
Property in Foothills Park
Sold Dec 16, 2020
$419,000
$360,000 by American Liberty Mortgage Inc
Mortgage Due Dec 01, 2051
Sold Apr 23, 2015
$301,000
$284,050 by Cornerstone Home Lending Inc
Mortgage Due May 01, 2045
Local assessors in Fort Collins, CO have categorized 3424 Colony Drive as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 6,941 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3424 Colony Drive has a total of 1,691 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 401 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. The home's baseboard heaters is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 3424 Colony Drive sold most recently in Dec 15, 2020 for a total of $419,000. If you work out the math, that's approximately a cost of $145.89 per sqft. Before that, the property was also sold for $301,000 in Apr 20, 2015. 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 $2,658 in taxes each year. 3424 Colony Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $32,797. If we break it down further, the land itself was valued at $2,680. Improvements to the property, however, were assessed at a total of $30,117. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 780
  • Garage Type: Attached
  • Garage Square Area: 401
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,941
  • Total Building Area: 2,872
  • Gross Building Area: 2,872
  • Building Area: 1,691
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 1,691
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FOOTHILLS PARK
  • Land Acres: 0.159
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 5, BLK 3, FOOTHILLS PARK RESUB, FTC

Ownership

  • Current Owner : COCKRELL AMANDA L
  • Current Owner 2: MANDRELL MARK
  • Previous Owner : COHEN KATHRYN M
  • Previous Owner 2: COHEN ANDREW J
  • Owner Before Previous Owner: STRAW BRENT D
  • Owner Before Previous Owner 2: LIGHT LINDSEY O
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 001106

Zoning

  • Zoning: RL

Geography

  • Assessors Map Reference: 97263
  • Account Number: R0688908
  • Parcel: R0688908
  • Block: 3
  • Lot: 5
  • Meridian: SEC 26 TWN 7N RNG 69W
  • Municipality: FORT COLLINS
  • Latitude: 40.5405
  • Longitude: -105.089

    Address

  • Full Address: 3424 Colony Dr
  • Address - House Number: 3424
  • Address - Street Name: Colony
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Fort Collins
  • Carrier Code: C040
  • 4-Digit Zip Code: 2712
  • Zip Code: 80526

Valuation

    Tax

  • Total Area: 1,691
  • Tax Year: 2023
  • Tax Amount: $2,658
  • Tax Rate Code Area: 1100

    Appraisal Valuation

  • Standard Deviation: 0.1574
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 545,885
  • High Value: 631,857
  • Low Value: 459,914

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: AMERICAN LIBERTY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Nov 23, 2021
  • First Open Lien Mortgage Loan Amount: $360,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $489,500
  • Market Land Value: $40,000
  • Market Improvement Value: $449,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $32,797
  • Assessed Land Value: $2,680
  • Assessed Improvements Value: $30,117

    Sales

  • Current Sale Contract Date: Dec 15, 2020
  • Current Sale Recording Date: Dec 16, 2020
  • Current Sale Transaction ID: 11807230530
  • Current Sale Price: $419,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 20200106468
  • Previous Sale Recording Date: Apr 23, 2015
  • Previous Sale Contract Date: Apr 20, 2015
  • Previous Sale Amount: $301,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN LIBERTY MORTGAGE INC
  • First Mortgage Transaction Date: Dec 16, 2020
  • First Mortgage Loan Amount: $398,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CORNERSTONE HOME LENDING INC
  • Previous Mortgage Transaction Date: Apr 23, 2015
  • Previous Mortgage Loan Amount: $284,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2045

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Frequently Asked Questions

What neighborhood is 3424 Colony Drive located in?
The 3424 Colony Drive is a located in the neighborhood of Foothills Park in Foothills Park, Fort Collins.
What is the average sales price for listings in 3424 Colony Drive?
The average sales price for units in 3424 Colony Drive is $0 currently.

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