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Larimer 80526
3702 Platte Dr
$536,000
● House - Off Market

3702 Platte Dr

Fort Collins, CO 80526
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,574 Ft²
$2,901
Est. Monthly
$16
HOA / Fees
5.28%
Cap Rate

About This Property

OPEN HOUSE Sunday October 29th from 1pm-4pm!  Don't miss this original-owner, well-maintained ranch-style home offering 3 bedrooms, 2 baths, and an oversized 2-car garage. This home features vaulted ceilings, newer roof & exterior paint, a private back yard with mature landscaping and new deck, tankless hot water heater, central air conditioning, paid off solar panels to help keep utility bills low, and an unfinished basement for future expansion! All appliances included.  Conveniently located near Spring Canyon Park, Pineridge Natural Area, Kathy Fromme Prairie, Horsetooth Reservoir, and Lory State Park. See this home today before it's gone!
Unit Size
1,574 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$343
Property Type
House
Property Taxes
$233
HOA Dues
$16
Year Built
1991

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #998771)

Price History

Date / Event Date Event Price
Dec 5, 2023 Sold
Premium
Sold
Oct 26, 2023 Listed by RE/MAX Alliance-FTC Dwtn $540,000
Listed by RE/MAX Alliance-FTC Dwtn
Jul 1, 1991 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • 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: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,040
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 31
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,797
  • Total Building Area: 3,142
  • Gross Building Area: 3,142
  • Building Area: 1,574
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,574
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRINGFIELD
  • Land Acres: 0000000179
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: LOT 8, SPRINGFIELD SUB 6TH

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 001112

Geography

  • Assessors Map Reference: 97331
  • Account Number: R1284649
  • Parcel: R1284649
  • Lot: 8
  • Meridian: SEC 33 TWN 7N RNG 69W
  • Municipality: OUTSIDE CITY LIMITS
  • Latitude: 40.5366
  • Longitude: -105.123

    Address

  • Full Address: 3702 Platte Dr
  • Address - House Number: 3702
  • Address - Street Name: Platte
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Fort Collins
  • Carrier Code: C019
  • 4-Digit Zip Code: 6406
  • Zip Code: 80526

Valuation

    Tax

  • Total Area: 2,614
  • Tax Year: 2023
  • Tax Amount: $265,758
  • Tax Rate Code Area: 1004

    Appraisal Valuation

  • Standard Deviation: 0.1408
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 558,039
  • High Value: 636,635
  • Low Value: 479,442

    Market Valuation

  • Market Total Value: $577,600
  • Market Land Value: $55,000
  • Market Improvement Value: $522,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $38,699
  • Assessed Land Value: $3,685
  • Assessed Improvements Value: $35,014

    Sales

  • Current Sale Contract Date: Dec 04, 2023
  • Current Sale Recording Date: Dec 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 52243
  • Previous Sale Recording Date: Jul 01, 1991
  • Previous Sale Contract Date: Jul 01, 1991
  • Previous Sale Amount: $18,500
  • 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 Larimer

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$283

Above Asking

83.07%

Average Days on Market

56

Average Home Size

2246 ft²

Average Home Age

27.8 years

Currently For Sale

3422 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

Rentals Near You

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IRES

Listed by: Jesse Engel, RE/MAX Alliance-FTC Dwtn
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 998771
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 3702 Platte Drive built and last sold?
The property at 3702 Platte Drive was built in 1991 and last sold on Dec 4, 2023 for $536,000.
How much is this home worth?
The estimated value of the home located at 3702 Platte Drive is $542,936.
What are some comparable homes to 3702 Platte Drive?
There are currently no comparable homes to 3702 Platte Drive.
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