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Larimer 80521
3512 Shilo Dr
$744,000
● House - Off Market

3512 Shilo Dr

Fort Collins, CO 80521
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,082 Ft²
$787,605
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Dont miss the chance for your own land just outside of City limits! This beautifully updated 4 bed/2 bath home, has an open floor plan and a lovely finished living room that opens to the backyard. The well thought out kitchen has new appliances and quartz countertops. There are plenty of updates including new flooring throughout, lighting and so much more. You'll marvel at the opportunities this piece of land has to offer on a quiet road with plenty of room for your home business, hobby farm or anything else you can dream up!
Unit Size
2,082 Ft²
Days on Market
60 days
Land Size
0.49 acres
Price per sqft
$357
Property Type
House
Property Taxes
$175
HOA Dues
$21
Year Built
1971

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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 (IRES MLS #977870)

Price History

Date / Event Date Event Price
Jan 6, 2023 Sold
Premium
Sold
Oct 26, 2022 Listed by Roots Real Estate $744,000
Listed by Roots Real Estate
Apr 26, 2022 Sold
Premium
Sold
Apr 5, 2022 Listed by Roots Real Estate $500,000
Listed by Roots Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • 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: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 728
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,446
  • Total Building Area: 2,556
  • Gross Building Area: 2,556
  • Building Area: 2,072
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,072
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARAPAHOE HILLS
  • Land Acres: 0000000492
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: LOT 21, ARAPAHOE HILLS

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 002300

Zoning

  • Zoning: FA1

Geography

  • Assessors Map Reference: 98324
  • Account Number: R0215082
  • Parcel: R0215082
  • Lot: 21
  • Meridian: SEC 32 TWN 8N RNG 69W
  • Municipality: OUTSIDE CITY LIMITS
  • Latitude: 40.6134
  • Longitude: -105.142

    Address

  • Full Address: 3512 Shilo Dr
  • Address - House Number: 3512
  • Address - Street Name: Shilo
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Fort Collins
  • Carrier Code: R006
  • 4-Digit Zip Code: 1059
  • Zip Code: 80521

Valuation

    Tax

  • Total Area: 2,072
  • Tax Year: 2023
  • Tax Amount: $329,803
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1408
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 643,052
  • High Value: 733,628
  • Low Value: 552,477

    Market Valuation

  • Market Total Value: $586,900
  • Market Land Value: $50,000
  • Market Improvement Value: $536,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $39,322
  • Assessed Land Value: $3,350
  • Assessed Improvements Value: $35,972

    Sales

  • Current Sale Contract Date: Jan 06, 2023
  • Current Sale Recording Date: Jan 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 780
  • Previous Sale Recording Date: Apr 26, 2022
  • Previous Sale Contract Date: Apr 25, 2022
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: 68
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 Larimer

Stats & Trends

Median Asking:

$550,700

Sale Price/ft²

$283

Above Asking

81.95%

Average Days on Market

57

Average Home Size

2238 ft²

Average Home Age

27.8 years

Currently For Sale

3411 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: Sam Moes, Roots Real Estate
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 977870
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 3512 Shilo Drive built and last sold?
The property at 3512 Shilo Drive was built in 1971 and last sold on Jan 6, 2023 for $744,000.
How much is this home worth?
The estimated value of the home located at 3512 Shilo Drive is $0.
What are some comparable homes to 3512 Shilo Drive?
There are currently no comparable homes to 3512 Shilo Drive.
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